Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.
This report aims to provide a comprehensive presentation of the global market for Procurement 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 Procurement Software. This report contains market size and forecasts of Procurement Software in global, including the following market information:
Global Procurement Software Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Procurement Software market was valued at US$ 5573.6 million in 2022 and is projected to reach US$ 9168.2 million by 2029, at a CAGR of 7.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The rising need for the automation of procurement processes will drive the growth prospects for the global procurement software market in the forthcoming years.
We surveyed the Procurement 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 Procurement Software Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Procurement Software Market Segment Percentages, by Type, 2022 (%)
Cloud
On-premises
Global Procurement Software Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Procurement Software Market Segment Percentages, by Application, 2022 (%)
The School
The Factory
The Hospital
The Supermarket
Other
Global Procurement Software Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Procurement 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 Procurement Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Procurement Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Basware
IBM
Oracle
PROACTIS
SAP
SciQuest
BravoSolution
BuyerQuest
Coupa Software
Elcom
Epicor
Infor
IQNavigator
Ivalua
JDA Software
Outline of Major Chapters:
Chapter 1: Introduces the definition of Procurement Software, market overview.
Chapter 2: Global Procurement Software market size in revenue.
Chapter 3: Detailed analysis of Procurement 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 Procurement 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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Procurement Software Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Procurement Software Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Procurement Software Overall Market Size
2.1 Global Procurement Software Market Size: 2022 VS 2029
2.2 Global Procurement Software Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Procurement Software Players in Global Market
3.2 Top Global Procurement Software Companies Ranked by Revenue
3.3 Global Procurement Software Revenue by Companies
3.4 Top 3 and Top 5 Procurement Software Companies in Global Market, by Revenue in 2022
3.5 Global Companies Procurement Software Product Type
3.6 Tier 1, Tier 2 and Tier 3 Procurement Software Players in Global Market
3.6.1 List of Global Tier 1 Procurement Software Companies
3.6.2 List of Global Tier 2 and Tier 3 Procurement Software Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Procurement Software Market Size Markets, 2022 & 2029
4.1.2 Cloud
4.1.3 On-premises
4.2 By Type - Global Procurement Software Revenue & Forecasts
4.2.1 By Type - Global Procurement Software Revenue, 2018-2023
4.2.2 By Type - Global Procurement Software Revenue, 2024-2029
4.2.3 By Type - Global Procurement Software Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Procurement Software Market Size, 2022 & 2029
5.1.2 The School
5.1.3 The Factory
5.1.4 The Hospital
5.1.5 The Supermarket
5.1.6 Other
5.2 By Application - Global Procurement Software Revenue & Forecasts
5.2.1 By Application - Global Procurement Software Revenue, 2018-2023
5.2.2 By Application - Global Procurement Software Revenue, 2024-2029
5.2.3 By Application - Global Procurement Software Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Procurement Software Market Size, 2022 & 2029
6.2 By Region - Global Procurement Software Revenue & Forecasts
6.2.1 By Region - Global Procurement Software Revenue, 2018-2023
6.2.2 By Region - Global Procurement Software Revenue, 2024-2029
6.2.3 By Region - Global Procurement Software Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Procurement Software Revenue, 2018-2029
6.3.2 US Procurement Software Market Size, 2018-2029
6.3.3 Canada Procurement Software Market Size, 2018-2029
6.3.4 Mexico Procurement Software Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Procurement Software Revenue, 2018-2029
6.4.2 Germany Procurement Software Market Size, 2018-2029
6.4.3 France Procurement Software Market Size, 2018-2029
6.4.4 U.K. Procurement Software Market Size, 2018-2029
6.4.5 Italy Procurement Software Market Size, 2018-2029
6.4.6 Russia Procurement Software Market Size, 2018-2029
6.4.7 Nordic Countries Procurement Software Market Size, 2018-2029
6.4.8 Benelux Procurement Software Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Procurement Software Revenue, 2018-2029
6.5.2 China Procurement Software Market Size, 2018-2029
6.5.3 Japan Procurement Software Market Size, 2018-2029
6.5.4 South Korea Procurement Software Market Size, 2018-2029
6.5.5 Southeast Asia Procurement Software Market Size, 2018-2029
6.5.6 India Procurement Software Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Procurement Software Revenue, 2018-2029
6.6.2 Brazil Procurement Software Market Size, 2018-2029
6.6.3 Argentina Procurement Software Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Procurement Software Revenue, 2018-2029
6.7.2 Turkey Procurement Software Market Size, 2018-2029
6.7.3 Israel Procurement Software Market Size, 2018-2029
6.7.4 Saudi Arabia Procurement Software Market Size, 2018-2029
6.7.5 UAE Procurement Software Market Size, 2018-2029
7 Procurement Software Companies Profiles
7.1 Basware
7.1.1 Basware Company Summary
7.1.2 Basware Business Overview
7.1.3 Basware Procurement Software Major Product Offerings
7.1.4 Basware Procurement Software Revenue in Global Market (2018-2023)
7.1.5 Basware Key News & Latest Developments
7.2 IBM
7.2.1 IBM Company Summary
7.2.2 IBM Business Overview
7.2.3 IBM Procurement Software Major Product Offerings
7.2.4 IBM Procurement Software Revenue in Global Market (2018-2023)
7.2.5 IBM Key News & Latest Developments
7.3 Oracle
7.3.1 Oracle Company Summary
7.3.2 Oracle Business Overview
7.3.3 Oracle Procurement Software Major Product Offerings
7.3.4 Oracle Procurement Software Revenue in Global Market (2018-2023)
7.3.5 Oracle Key News & Latest Developments
7.4 PROACTIS
7.4.1 PROACTIS Company Summary
7.4.2 PROACTIS Business Overview
7.4.3 PROACTIS Procurement Software Major Product Offerings
7.4.4 PROACTIS Procurement Software Revenue in Global Market (2018-2023)
7.4.5 PROACTIS Key News & Latest Developments
7.5 SAP
7.5.1 SAP Company Summary
7.5.2 SAP Business Overview
7.5.3 SAP Procurement Software Major Product Offerings
7.5.4 SAP Procurement Software Revenue in Global Market (2018-2023)
7.5.5 SAP Key News & Latest Developments
7.6 SciQuest
7.6.1 SciQuest Company Summary
7.6.2 SciQuest Business Overview
7.6.3 SciQuest Procurement Software Major Product Offerings
7.6.4 SciQuest Procurement Software Revenue in Global Market (2018-2023)
7.6.5 SciQuest Key News & Latest Developments
7.7 BravoSolution
7.7.1 BravoSolution Company Summary
7.7.2 BravoSolution Business Overview
7.7.3 BravoSolution Procurement Software Major Product Offerings
7.7.4 BravoSolution Procurement Software Revenue in Global Market (2018-2023)
7.7.5 BravoSolution Key News & Latest Developments
7.8 BuyerQuest
7.8.1 BuyerQuest Company Summary
7.8.2 BuyerQuest Business Overview
7.8.3 BuyerQuest Procurement Software Major Product Offerings
7.8.4 BuyerQuest Procurement Software Revenue in Global Market (2018-2023)
7.8.5 BuyerQuest Key News & Latest Developments
7.9 Coupa Software
7.9.1 Coupa Software Company Summary
7.9.2 Coupa Software Business Overview
7.9.3 Coupa Software Procurement Software Major Product Offerings
7.9.4 Coupa Software Procurement Software Revenue in Global Market (2018-2023)
7.9.5 Coupa Software Key News & Latest Developments
7.10 Elcom
7.10.1 Elcom Company Summary
7.10.2 Elcom Business Overview
7.10.3 Elcom Procurement Software Major Product Offerings
7.10.4 Elcom Procurement Software Revenue in Global Market (2018-2023)
7.10.5 Elcom Key News & Latest Developments
7.11 Epicor
7.11.1 Epicor Company Summary
7.11.2 Epicor Business Overview
7.11.3 Epicor Procurement Software Major Product Offerings
7.11.4 Epicor Procurement Software Revenue in Global Market (2018-2023)
7.11.5 Epicor Key News & Latest Developments
7.12 Infor
7.12.1 Infor Company Summary
7.12.2 Infor Business Overview
7.12.3 Infor Procurement Software Major Product Offerings
7.12.4 Infor Procurement Software Revenue in Global Market (2018-2023)
7.12.5 Infor Key News & Latest Developments
7.13 IQNavigator
7.13.1 IQNavigator Company Summary
7.13.2 IQNavigator Business Overview
7.13.3 IQNavigator Procurement Software Major Product Offerings
7.13.4 IQNavigator Procurement Software Revenue in Global Market (2018-2023)
7.13.5 IQNavigator Key News & Latest Developments
7.14 Ivalua
7.14.1 Ivalua Company Summary
7.14.2 Ivalua Business Overview
7.14.3 Ivalua Procurement Software Major Product Offerings
7.14.4 Ivalua Procurement Software Revenue in Global Market (2018-2023)
7.14.5 Ivalua Key News & Latest Developments
7.15 JDA Software
7.15.1 JDA Software Company Summary
7.15.2 JDA Software Business Overview
7.15.3 JDA Software Procurement Software Major Product Offerings
7.15.4 JDA Software Procurement Software Revenue in Global Market (2018-2023)
7.15.5 JDA Software Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Procurement Software Market Opportunities & Trends in Global Market
Table 2. Procurement Software Market Drivers in Global Market
Table 3. Procurement Software Market Restraints in Global Market
Table 4. Key Players of Procurement Software in Global Market
Table 5. Top Procurement Software Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Procurement Software Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Procurement Software Revenue Share by Companies, 2018-2023
Table 8. Global Companies Procurement Software Product Type
Table 9. List of Global Tier 1 Procurement Software Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Procurement Software Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Procurement Software Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Procurement Software Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Procurement Software Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Procurement Software Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Procurement Software Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Procurement Software Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Procurement Software Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Procurement Software Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Procurement Software Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Procurement Software Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Procurement Software Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Procurement Software Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Procurement Software Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Procurement Software Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Procurement Software Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Procurement Software Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Procurement Software Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Procurement Software Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Procurement Software Revenue, (US$, Mn), 2024-2029
Table 30. Basware Company Summary
Table 31. Basware Procurement Software Product Offerings
Table 32. Basware Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 33. Basware Key News & Latest Developments
Table 34. IBM Company Summary
Table 35. IBM Procurement Software Product Offerings
Table 36. IBM Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 37. IBM Key News & Latest Developments
Table 38. Oracle Company Summary
Table 39. Oracle Procurement Software Product Offerings
Table 40. Oracle Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 41. Oracle Key News & Latest Developments
Table 42. PROACTIS Company Summary
Table 43. PROACTIS Procurement Software Product Offerings
Table 44. PROACTIS Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 45. PROACTIS Key News & Latest Developments
Table 46. SAP Company Summary
Table 47. SAP Procurement Software Product Offerings
Table 48. SAP Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 49. SAP Key News & Latest Developments
Table 50. SciQuest Company Summary
Table 51. SciQuest Procurement Software Product Offerings
Table 52. SciQuest Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 53. SciQuest Key News & Latest Developments
Table 54. BravoSolution Company Summary
Table 55. BravoSolution Procurement Software Product Offerings
Table 56. BravoSolution Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 57. BravoSolution Key News & Latest Developments
Table 58. BuyerQuest Company Summary
Table 59. BuyerQuest Procurement Software Product Offerings
Table 60. BuyerQuest Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 61. BuyerQuest Key News & Latest Developments
Table 62. Coupa Software Company Summary
Table 63. Coupa Software Procurement Software Product Offerings
Table 64. Coupa Software Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 65. Coupa Software Key News & Latest Developments
Table 66. Elcom Company Summary
Table 67. Elcom Procurement Software Product Offerings
Table 68. Elcom Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 69. Elcom Key News & Latest Developments
Table 70. Epicor Company Summary
Table 71. Epicor Procurement Software Product Offerings
Table 72. Epicor Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 73. Epicor Key News & Latest Developments
Table 74. Infor Company Summary
Table 75. Infor Procurement Software Product Offerings
Table 76. Infor Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 77. Infor Key News & Latest Developments
Table 78. IQNavigator Company Summary
Table 79. IQNavigator Procurement Software Product Offerings
Table 80. IQNavigator Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 81. IQNavigator Key News & Latest Developments
Table 82. Ivalua Company Summary
Table 83. Ivalua Procurement Software Product Offerings
Table 84. Ivalua Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 85. Ivalua Key News & Latest Developments
Table 86. JDA Software Company Summary
Table 87. JDA Software Procurement Software Product Offerings
Table 88. JDA Software Procurement Software Revenue (US$, Mn) & (2018-2023)
Table 89. JDA Software Key News & Latest Developments
List of Figures
Figure 1. Procurement Software Segment by Type in 2022
Figure 2. Procurement Software Segment by Application in 2022
Figure 3. Global Procurement Software Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Procurement Software Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Procurement Software Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Procurement Software Revenue in 2022
Figure 8. By Type - Global Procurement Software Revenue Market Share, 2018-2029
Figure 9. By Application - Global Procurement Software Revenue Market Share, 2018-2029
Figure 10. By Type - Global Procurement Software Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Procurement Software Revenue Market Share, 2018-2029
Figure 12. By Application - Global Procurement Software Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Procurement Software Revenue Market Share, 2018-2029
Figure 14. By Region - Global Procurement Software Revenue Market Share, 2018-2029
Figure 15. By Country - North America Procurement Software Revenue Market Share, 2018-2029
Figure 16. US Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Procurement Software Revenue Market Share, 2018-2029
Figure 20. Germany Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 21. France Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Procurement Software Revenue Market Share, 2018-2029
Figure 28. China Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 32. India Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Procurement Software Revenue Market Share, 2018-2029
Figure 34. Brazil Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Procurement Software Revenue Market Share, 2018-2029
Figure 37. Turkey Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Procurement Software Revenue, (US$, Mn), 2018-2029
Figure 41. Basware Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. IBM Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Oracle Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. PROACTIS Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. SAP Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. SciQuest Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. BravoSolution Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. BuyerQuest Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Coupa Software Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Elcom Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Epicor Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Infor Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. IQNavigator Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 54. Ivalua Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 55. JDA Software Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
