Procurement Analytics Market Huge Growth| BirchStreet Systems, SAP SE, Oracle, SAS Institute, Proactis Holdings
Global Procurement Analytics Market is expected to rise from its initial estimated value of USD 1.67 billion in 2018 to an estimated value of USD 7.38 billion by 2026, registering a CAGR of 20.42% in the forecast period of 2019-2026.
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As per qualitative study key players of Procurement Analytics market are: SAP SE, Oracle, SAS Institute Inc, Coupa Software Inc., BRIDGEi2i Analytics Solutions, Rosslyn Analytics, JAGGAER, Zycus Inc, Genpact, roactis Holdings Plc, BirchStreet Systems Inc., Tamr, Sievo, Tungsten Corporation plc., Dataction, Proactis Holdings
Staying on top of market trends & drivers is essential for decision makers to leverage this emerging opportunity. The Global Procurement Analytics Market research publication released by DBMR addresses all this aspects and provides the latest scoop and detailed insights on all major & emerging business segments.
Global Procurement Analytics Market Dynamics:
Rising demand for cloud based analytical solutions is driving the growth of this market
Increasing focus on augmenting the ability of procurement channels is driving the market
Lack trained and skilled analytical professionals is restraining the growth of this market
Increasing awareness towards data security is another factor restraining market
Data Collection Matrix
We looked for primary and secondary sources from both the supply and demand sides of the global Procurement Analytics market for collecting data and information to prepare this encyclopedic research study. From the supply side, our primary sources were technology distributors and wholesalers and manufacturers, whereas our secondary sources were economic and demographic data reports, independent investigations, government publications, and company publications and reports. From the demand side, we relied on mystery shopping, consumer surveys, and end-user surveys for primary research and reference customers and case studies for secondary research.
Global Procurement Analytics Market Segmentation:
By Component: Solutions, Services
By Application Area: Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management
By Deployment Type: Cloud, On- Premises
By Organization Type: Small and Medium-Sized Enterprises, Large Enterprises
By Vertical: Retail and eCommerce, Manufacturing, Government and Defense, Healthcare and Life Sciences, Telecom and IT
Each manufacturer or Procurement Analytics market player's growth rate, revenue figures, and gross profit margin is provided in a tabular, simple format for few years and an individual section on Procurement Analytics market recent development such as collaboration, acquisition, mergers, and any new service or new product launching in the market is offered.
This market research report is a careful investigation of current scenario of the market and future estimations which spans several market dynamics. Competitor strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions can be utilized well by the industry to take better steps for selling goods and services.
Currently profiled leading players in the Procurement Analytics market report: SAP SE, Oracle, SAS Institute Inc, Coupa Software Inc., BRIDGEi2i Analytics Solutions, Rosslyn Analytics, JAGGAER, Zycus Inc, Genpact, roactis Holdings Plc, BirchStreet Systems Inc., Tamr, Sievo, Tungsten Corporation plc., Dataction, Proactis Holdings.
To know more about the table of contents, you can click @ https://www.databridgemarketresearch.com/toc/?dbmr=global-procurement-analytics-market
Table of Contents in Procurement Analytics Market Report:
1.1 Objectives of the Study
1.2 Definitions & Exclusions
1.3 Market Covered
1.3.1 Procurement Analytics Market, By Type of Service
1.3.2 Procurement Analytics Market, By End User
1.3.3 Procurement Analytics Market, By Region
2 Research Methodology
2.1 Market Breakdown & Triangulation
2.1.1 Secondary Data
22.214.171.124 Paid Databases
2.1.2 Primary Data
126.96.36.199 Demand Side and Supply Side
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
3 Procurement Analytics Market, By Region
3.1 North America
4 Competitive Landscape
4.1 Service Launches
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Key questions answered in this report – Global Procurement Analytics Market
What will the market size be in 2023 and what will the growth rate be?
What are the key market trends?
What is driving Global Procurement Analytics Market?
What are the challenges to market growth?
Who are the key vendors in Market space?
What are the key market trends impacting the growth of the Global Procurement Analytics Market ?
What are the key outcomes of the five forces analysis of the Global Procurement Analytics Market?
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