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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Sourcing Software Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Sourcing 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 Sourcing Software Overall Market Size
2.1 Global Sourcing Software Market Size: 2022 VS 2030
2.2 Global Sourcing Software Market Size, Prospects & Forecasts: 2018-2030
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 Sourcing Software Players in Global Market
3.2 Top Global Sourcing Software Companies Ranked by Revenue
3.3 Global Sourcing Software Revenue by Companies
3.4 Top 3 and Top 5 Sourcing Software Companies in Global Market, by Revenue in 2022
3.5 Global Companies Sourcing Software Product Type
3.6 Tier 1, Tier 2 and Tier 3 Sourcing Software Players in Global Market
3.6.1 List of Global Tier 1 Sourcing Software Companies
3.6.2 List of Global Tier 2 and Tier 3 Sourcing Software Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Sourcing Software Market Size Markets, 2022 & 2030
4.1.2 On-premise
4.1.3 Cloud-based
4.2 By Type - Global Sourcing Software Revenue & Forecasts
4.2.1 By Type - Global Sourcing Software Revenue, 2018-2023
4.2.2 By Type - Global Sourcing Software Revenue, 2024-2030
4.2.3 By Type - Global Sourcing Software Revenue Market Share, 2018-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Sourcing Software Market Size, 2022 & 2030
5.1.2 Manufacturing
5.1.3 Retail
5.1.4 IT and Telecom
5.1.5 Healthcare
5.1.6 Others
5.2 By Application - Global Sourcing Software Revenue & Forecasts
5.2.1 By Application - Global Sourcing Software Revenue, 2018-2023
5.2.2 By Application - Global Sourcing Software Revenue, 2024-2030
5.2.3 By Application - Global Sourcing Software Revenue Market Share, 2018-2030
6 Sights by Region
6.1 By Region - Global Sourcing Software Market Size, 2022 & 2030
6.2 By Region - Global Sourcing Software Revenue & Forecasts
6.2.1 By Region - Global Sourcing Software Revenue, 2018-2023
6.2.2 By Region - Global Sourcing Software Revenue, 2024-2030
6.2.3 By Region - Global Sourcing Software Revenue Market Share, 2018-2030
6.3 North America
6.3.1 By Country - North America Sourcing Software Revenue, 2018-2030
6.3.2 US Sourcing Software Market Size, 2018-2030
6.3.3 Canada Sourcing Software Market Size, 2018-2030
6.3.4 Mexico Sourcing Software Market Size, 2018-2030
6.4 Europe
6.4.1 By Country - Europe Sourcing Software Revenue, 2018-2030
6.4.2 Germany Sourcing Software Market Size, 2018-2030
6.4.3 France Sourcing Software Market Size, 2018-2030
6.4.4 U.K. Sourcing Software Market Size, 2018-2030
6.4.5 Italy Sourcing Software Market Size, 2018-2030
6.4.6 Russia Sourcing Software Market Size, 2018-2030
6.4.7 Nordic Countries Sourcing Software Market Size, 2018-2030
6.4.8 Benelux Sourcing Software Market Size, 2018-2030
6.5 Asia
6.5.1 By Region - Asia Sourcing Software Revenue, 2018-2030
6.5.2 China Sourcing Software Market Size, 2018-2030
6.5.3 Japan Sourcing Software Market Size, 2018-2030
6.5.4 South Korea Sourcing Software Market Size, 2018-2030
6.5.5 Southeast Asia Sourcing Software Market Size, 2018-2030
6.5.6 India Sourcing Software Market Size, 2018-2030
6.6 South America
6.6.1 By Country - South America Sourcing Software Revenue, 2018-2030
6.6.2 Brazil Sourcing Software Market Size, 2018-2030
6.6.3 Argentina Sourcing Software Market Size, 2018-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Sourcing Software Revenue, 2018-2030
6.7.2 Turkey Sourcing Software Market Size, 2018-2030
6.7.3 Israel Sourcing Software Market Size, 2018-2030
6.7.4 Saudi Arabia Sourcing Software Market Size, 2018-2030
6.7.5 UAE Sourcing Software Market Size, 2018-2030
7 Sourcing Software Companies Profiles
7.1 IBM
7.1.1 IBM Company Summary
7.1.2 IBM Business Overview
7.1.3 IBM Sourcing Software Major Product Offerings
7.1.4 IBM Sourcing Software Revenue in Global Market (2018-2023)
7.1.5 IBM Key News & Latest Developments
7.2 SAP
7.2.1 SAP Company Summary
7.2.2 SAP Business Overview
7.2.3 SAP Sourcing Software Major Product Offerings
7.2.4 SAP Sourcing Software Revenue in Global Market (2018-2023)
7.2.5 SAP Key News & Latest Developments
7.3 Capgemini
7.3.1 Capgemini Company Summary
7.3.2 Capgemini Business Overview
7.3.3 Capgemini Sourcing Software Major Product Offerings
7.3.4 Capgemini Sourcing Software Revenue in Global Market (2018-2023)
7.3.5 Capgemini Key News & Latest Developments
7.4 ESM Solutions
7.4.1 ESM Solutions Company Summary
7.4.2 ESM Solutions Business Overview
7.4.3 ESM Solutions Sourcing Software Major Product Offerings
7.4.4 ESM Solutions Sourcing Software Revenue in Global Market (2018-2023)
7.4.5 ESM Solutions Key News & Latest Developments
7.5 Coupa Software
7.5.1 Coupa Software Company Summary
7.5.2 Coupa Software Business Overview
7.5.3 Coupa Software Sourcing Software Major Product Offerings
7.5.4 Coupa Software Sourcing Software Revenue in Global Market (2018-2023)
7.5.5 Coupa Software Key News & Latest Developments
7.6 Jaggaer
7.6.1 Jaggaer Company Summary
7.6.2 Jaggaer Business Overview
7.6.3 Jaggaer Sourcing Software Major Product Offerings
7.6.4 Jaggaer Sourcing Software Revenue in Global Market (2018-2023)
7.6.5 Jaggaer Key News & Latest Developments
7.7 Determine, Inc
7.7.1 Determine, Inc Company Summary
7.7.2 Determine, Inc Business Overview
7.7.3 Determine, Inc Sourcing Software Major Product Offerings
7.7.4 Determine, Inc Sourcing Software Revenue in Global Market (2018-2023)
7.7.5 Determine, Inc Key News & Latest Developments
7.8 Winddle
7.8.1 Winddle Company Summary
7.8.2 Winddle Business Overview
7.8.3 Winddle Sourcing Software Major Product Offerings
7.8.4 Winddle Sourcing Software Revenue in Global Market (2018-2023)
7.8.5 Winddle Key News & Latest Developments
7.9 Xeeva
7.9.1 Xeeva Company Summary
7.9.2 Xeeva Business Overview
7.9.3 Xeeva Sourcing Software Major Product Offerings
7.9.4 Xeeva Sourcing Software Revenue in Global Market (2018-2023)
7.9.5 Xeeva Key News & Latest Developments
7.10 ClearTrack Information Network
7.10.1 ClearTrack Information Network Company Summary
7.10.2 ClearTrack Information Network Business Overview
7.10.3 ClearTrack Information Network Sourcing Software Major Product Offerings
7.10.4 ClearTrack Information Network Sourcing Software Revenue in Global Market (2018-2023)
7.10.5 ClearTrack Information Network Key News & Latest Developments
7.11 eBid Systems
7.11.1 eBid Systems Company Summary
7.11.2 eBid Systems Business Overview
7.11.3 eBid Systems Sourcing Software Major Product Offerings
7.11.4 eBid Systems Sourcing Software Revenue in Global Market (2018-2023)
7.11.5 eBid Systems Key News & Latest Developments
7.12 GEP Worldwide
7.12.1 GEP Worldwide Company Summary
7.12.2 GEP Worldwide Business Overview
7.12.3 GEP Worldwide Sourcing Software Major Product Offerings
7.12.4 GEP Worldwide Sourcing Software Revenue in Global Market (2018-2023)
7.12.5 GEP Worldwide Key News & Latest Developments
7.13 Market Dojo
7.13.1 Market Dojo Company Summary
7.13.2 Market Dojo Business Overview
7.13.3 Market Dojo Sourcing Software Major Product Offerings
7.13.4 Market Dojo Sourcing Software Revenue in Global Market (2018-2023)
7.13.5 Market Dojo Key News & Latest Developments
7.14 Zycus
7.14.1 Zycus Company Summary
7.14.2 Zycus Business Overview
7.14.3 Zycus Sourcing Software Major Product Offerings
7.14.4 Zycus Sourcing Software Revenue in Global Market (2018-2023)
7.14.5 Zycus 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. Sourcing Software Market Opportunities & Trends in Global Market
Table 2. Sourcing Software Market Drivers in Global Market
Table 3. Sourcing Software Market Restraints in Global Market
Table 4. Key Players of Sourcing Software in Global Market
Table 5. Top Sourcing Software Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Sourcing Software Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Sourcing Software Revenue Share by Companies, 2018-2023
Table 8. Global Companies Sourcing Software Product Type
Table 9. List of Global Tier 1 Sourcing Software Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Sourcing Software Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Sourcing Software Revenue, (US$, Mn), 2022 & 2030
Table 12. By Type - Sourcing Software Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Sourcing Software Revenue in Global (US$, Mn), 2024-2030
Table 14. By Application ? Global Sourcing Software Revenue, (US$, Mn), 2022 & 2030
Table 15. By Application - Sourcing Software Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Sourcing Software Revenue in Global (US$, Mn), 2024-2030
Table 17. By Region ? Global Sourcing Software Revenue, (US$, Mn), 2022 & 2030
Table 18. By Region - Global Sourcing Software Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Sourcing Software Revenue (US$, Mn), 2024-2030
Table 20. By Country - North America Sourcing Software Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Sourcing Software Revenue, (US$, Mn), 2024-2030
Table 22. By Country - Europe Sourcing Software Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Sourcing Software Revenue, (US$, Mn), 2024-2030
Table 24. By Region - Asia Sourcing Software Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Sourcing Software Revenue, (US$, Mn), 2024-2030
Table 26. By Country - South America Sourcing Software Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Sourcing Software Revenue, (US$, Mn), 2024-2030
Table 28. By Country - Middle East & Africa Sourcing Software Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Sourcing Software Revenue, (US$, Mn), 2024-2030
Table 30. IBM Company Summary
Table 31. IBM Sourcing Software Product Offerings
Table 32. IBM Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 33. IBM Key News & Latest Developments
Table 34. SAP Company Summary
Table 35. SAP Sourcing Software Product Offerings
Table 36. SAP Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 37. SAP Key News & Latest Developments
Table 38. Capgemini Company Summary
Table 39. Capgemini Sourcing Software Product Offerings
Table 40. Capgemini Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 41. Capgemini Key News & Latest Developments
Table 42. ESM Solutions Company Summary
Table 43. ESM Solutions Sourcing Software Product Offerings
Table 44. ESM Solutions Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 45. ESM Solutions Key News & Latest Developments
Table 46. Coupa Software Company Summary
Table 47. Coupa Software Sourcing Software Product Offerings
Table 48. Coupa Software Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 49. Coupa Software Key News & Latest Developments
Table 50. Jaggaer Company Summary
Table 51. Jaggaer Sourcing Software Product Offerings
Table 52. Jaggaer Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 53. Jaggaer Key News & Latest Developments
Table 54. Determine, Inc Company Summary
Table 55. Determine, Inc Sourcing Software Product Offerings
Table 56. Determine, Inc Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 57. Determine, Inc Key News & Latest Developments
Table 58. Winddle Company Summary
Table 59. Winddle Sourcing Software Product Offerings
Table 60. Winddle Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 61. Winddle Key News & Latest Developments
Table 62. Xeeva Company Summary
Table 63. Xeeva Sourcing Software Product Offerings
Table 64. Xeeva Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 65. Xeeva Key News & Latest Developments
Table 66. ClearTrack Information Network Company Summary
Table 67. ClearTrack Information Network Sourcing Software Product Offerings
Table 68. ClearTrack Information Network Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 69. ClearTrack Information Network Key News & Latest Developments
Table 70. eBid Systems Company Summary
Table 71. eBid Systems Sourcing Software Product Offerings
Table 72. eBid Systems Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 73. eBid Systems Key News & Latest Developments
Table 74. GEP Worldwide Company Summary
Table 75. GEP Worldwide Sourcing Software Product Offerings
Table 76. GEP Worldwide Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 77. GEP Worldwide Key News & Latest Developments
Table 78. Market Dojo Company Summary
Table 79. Market Dojo Sourcing Software Product Offerings
Table 80. Market Dojo Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 81. Market Dojo Key News & Latest Developments
Table 82. Zycus Company Summary
Table 83. Zycus Sourcing Software Product Offerings
Table 84. Zycus Sourcing Software Revenue (US$, Mn) & (2018-2023)
Table 85. Zycus Key News & Latest Developments
List of Figures
Figure 1. Sourcing Software Segment by Type in 2022
Figure 2. Sourcing Software Segment by Application in 2022
Figure 3. Global Sourcing Software Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Sourcing Software Market Size: 2022 VS 2030 (US$, Mn)
Figure 6. Global Sourcing Software Revenue, 2018-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Sourcing Software Revenue in 2022
Figure 8. By Type - Global Sourcing Software Revenue Market Share, 2018-2030
Figure 9. By Application - Global Sourcing Software Revenue Market Share, 2018-2030
Figure 10. By Type - Global Sourcing Software Revenue, (US$, Mn), 2022 & 2030
Figure 11. By Type - Global Sourcing Software Revenue Market Share, 2018-2030
Figure 12. By Application - Global Sourcing Software Revenue, (US$, Mn), 2022 & 2030
Figure 13. By Application - Global Sourcing Software Revenue Market Share, 2018-2030
Figure 14. By Region - Global Sourcing Software Revenue Market Share, 2018-2030
Figure 15. By Country - North America Sourcing Software Revenue Market Share, 2018-2030
Figure 16. US Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 17. Canada Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 18. Mexico Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 19. By Country - Europe Sourcing Software Revenue Market Share, 2018-2030
Figure 20. Germany Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 21. France Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 22. U.K. Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 23. Italy Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 24. Russia Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 25. Nordic Countries Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 26. Benelux Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 27. By Region - Asia Sourcing Software Revenue Market Share, 2018-2030
Figure 28. China Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 29. Japan Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 30. South Korea Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 31. Southeast Asia Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 32. India Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 33. By Country - South America Sourcing Software Revenue Market Share, 2018-2030
Figure 34. Brazil Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 35. Argentina Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 36. By Country - Middle East & Africa Sourcing Software Revenue Market Share, 2018-2030
Figure 37. Turkey Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 38. Israel Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 39. Saudi Arabia Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 40. UAE Sourcing Software Revenue, (US$, Mn), 2018-2030
Figure 41. IBM Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. SAP Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Capgemini Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. ESM Solutions Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Coupa Software Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Jaggaer Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Determine, Inc Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Winddle Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Xeeva Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. ClearTrack Information Network Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. eBid Systems Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. GEP Worldwide Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Market Dojo Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 54. Zycus Sourcing Software Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
