Sourcing Software Market, Global Outlook and Forecast 2023-2030
Sourcing is the process of locating sources of goods and services of a company. It is a component of the procurement process. In procurement, major focus will be on the logistics of acquiring materials, whereas in sourcing the focus is to find the best and cost-effective suppliers for the resources. Since the profit of a business can rely heavily on finding the best possible sources, sourcing plays a vital role in the procurement process and in the overall supply chain management process.
This report aims to provide a comprehensive presentation of the global market for Sourcing Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sourcing Software. This report contains market size and forecasts of Sourcing Software in global, including the following market information:
Global Sourcing Software Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Sourcing Software market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The manufacturing sector accounted for the largest sourcing software market share in 2017 and will continue to dominate the market over the next few years. One of the major factors responsible for the growing demand of sourcing software is to reduce supply chain risk and costs through automation of the sourcing process.
We surveyed the Sourcing Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sourcing Software Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Sourcing Software Market Segment Percentages, by Type, 2022 (%)
On-premise
Cloud-based
Global Sourcing Software Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Sourcing Software Market Segment Percentages, by Application, 2022 (%)
Manufacturing
Retail
IT and Telecom
Healthcare
Others
Global Sourcing Software Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Sourcing Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Sourcing Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Sourcing Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
SAP
Capgemini
ESM Solutions
Coupa Software
Jaggaer
Determine, Inc
Winddle
Xeeva
ClearTrack Information Network
eBid Systems
GEP Worldwide
Market Dojo
Zycus
Outline of Major Chapters:
Chapter 1: Introduces the definition of Sourcing Software, market overview.
Chapter 2: Global Sourcing Software market size in revenue.
Chapter 3: Detailed analysis of Sourcing Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Sourcing Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
