Press release
Procurement Software Market to reach USD 13.65 Bn. Bn by 2029, emerging at a CAGR of 10.8 percent and forecast 2023-2029
Procurement Software Market
The comprehensive report by Maximize Market Research Pvt Ltd provides a detailed analysis of the Procurement Software Market, highlighting key market values, trends, and growth projections. The report delves into the intricacies of procurement software, its functionalities, and the evolving landscape of the market.
The research methodology employed for this report ensures a robust and insightful analysis. Maximize Market Research Pvt Ltd utilizes a combination of primary and secondary research, incorporating the latest industry trends and market dynamics.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/26731
Procurement Software Market Dynamics:
procurement strategies. The increasing complexity of global supply chains underscores the necessity for procurement software. Offering robust tools for supplier management across diverse regions, currencies, and languages, it ensures supply chain resilience and efficiency, contributing significantly to the growth of the Procurement Software Market.
One of the key features of procurement software is its provision of advanced analytics and reporting capabilities. Businesses harness these tools to gain real-time insights into procurement operations, monitor key performance indicators (KPIs), and make informed, data-driven decisions. Strategic Supplier Relationship Management (SRM) is imperative for mitigating supply chain risks and ensuring a consistent supply of goods and services. Procurement software facilitates the development and sustenance of robust supplier relationships, fostering collaboration and innovation within the supply chain.
Procurement Software Market Regional Insights:
In 2022, North America asserted its dominance in the Procurement Software Market, commanding a substantial 34.3% share, and is poised to maintain its leading position throughout the forecast period. This stronghold is indicative of the significant growth the North American market has experienced in recent years, propelled by various factors emblematic of the region's dynamic business landscape.
Organizations throughout North America are actively embracing digital transformation initiatives to elevate their procurement processes. In this landscape of evolving business practices, procurement software solutions stand out as pivotal tools, playing a crucial role in automating manual tasks, streamlining workflows, and offering real-time insights into procurement operations. The relentless pursuit of operational excellence is evident as Procurement Software companies in the region continually seek ways to optimize costs. These solutions facilitate enhanced spend visibility, thorough cost analysis, and efficient supplier management, empowering organizations to pinpoint and capitalize on valuable cost-saving opportunities.
Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/26731
Procurement software Market Segmentation:
by Deployment Type
On-Premises
Cloud-Based
Public Cloud
Private Cloud
Hybrid Cloud
by Industry Vertical
Manufacturing
Healthcare
Retail
Government
Financial Services
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/26731
Procurement Software Market Key Players:
North America:
1. SAP Ariba (United States)
2. Coupa Software (United States)
3. Oracle Corporation (United States)
4. GEP (United States)
5. Jaggaer (United States)
6. Ivalua (United States)
7. Determine (United States)
8. Zycus (United States)
9. Basware (United States)
10. Vroozi (United States)
11. Basware (Finland)
Europe:
12. SynerTrade (France)
13. Proactis (United Kingdom)
14. SynerTrade Accelerate (Germany)
15. Mercateo (Germany)
16. Simfoni (United Kingdom)
Asia-Pacific:
17. Vroozi Asia Pacific (Singapore)
18. SAP Ariba APJ (Asia-Pacific and Japan)
Latin America:
19. Ariba Commerce Cloud
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/global-procurement-software-market/26731/
1.Global Procurement Software Market: Research Methodology
2.Global Procurement Software Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Procurement Software Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Procurement Software Market to reach USD 13.65 Bn. Bn by 2029, emerging at a CAGR of 10.8 percent and forecast 2023-2029 here
News-ID: 3286275 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
The Courier Services Market size was valued at USD 453.56 Billion in 2024 and the total Courier Services revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 712.07 Billion.
Courier Services Market Overview
The global Courier Services Market has experienced significant growth, driven by the rising adoption of e-commerce, growing Internet penetration, and changing consumer lifestyles. Courier services provide quick, door-to-door delivery solutions for…
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market was valued at USD 6.47 Billion in 2023, and it is expected to reach USD 17.83 Billion by 2030, exhibiting a CAGR of 15.58% during the forecast period (2024-2030).
WealthTech Solutions Market Overview
The global WealthTech Solutions Market is undergoing a transformative phase, driven by changing customer preferences, digital innovation, and evolving financial landscapes. WealthTech solutions provide digital tools and platforms that enhance operational efficiency for financial advisors, wealth…
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G …
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn.
Rapid Test Market Overview
The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence of…
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG …
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period.
Agarwood Oil Market Overview
Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widely…
More Releases for Procurement
Procurement Research Service Companies, Procurement Supplier Insights, Procureme …
Procurement Research Services to Cut Cost & Reduce Risk
Procurement research is the backbone of smarter sourcing. It is not just about comparing supplier prices-it's about making data-driven decisions that cut costs, reduce risk, and strengthen supplier relationships.
At TraceData, our top procurement research services provide actionable intelligence that transforms procurement into a growth driver. Here is what it covers:
• Cost structure analysis: Break down materials, labour, and margin costs to identify negotiation…
Aftermarket Tire Market 2022 Procurement Outlook, Procurement Intelligence, Supp …
Astute Analytica has released new research on the worldwide Aftermarket Tire Market that provides a thorough explanation of a number of market analysis techniques, including SWOT analysis and five-point analysis. The market report also includes an in-depth analysis of several growth plans and initiatives to broaden the business's horizons on a regional and international scale. It gives readers a thorough explanation of all the market difficulties and development prospects related…
Philippines Petroleum Market 2022 Procurement Outlook, Procurement Intelligence, …
Astute Analytica published a new report titled, Global Philippines Petroleum Market Analysis, Trends, Drivers and Growth Forecast to 2027.
The Global Philippines Petroleum Market size will grow from US$ 13317.2 million in 2021 to US$ 17,292.1 million by 2027. The Global Philippines Petroleum Market will record a tremendous compound annual growth rate (CAGR) of 4.4% during the forecast period 2022 to 2027.
The research provides in-depth details on the major…
Automotive Paint Market 2022 Procurement Outlook, Procurement Intelligence, Supp …
Astute Analytica published a new report on the global Automotive paint market. The global market report has extensive information about the market size, drivers, threats, opportunities, and growth factors. In addition, the research report contains COVID-19 impact, regional insight, competitors' analysis, and segmentation.
Astute Analytica's report on the global Automotive Paint Market foresees exponential growth in terms of revenue and growth rate. The Automotive Paint Market is projected to grow from…
New procurement painkiller released at Digital Procurement World 2019
Amsterdam, NETHERLANDS. (September 19, 2019) - Today on the first day of Digital Procurement World Conference, a long-awaited procurement transformation software ProcurementFlow.com is publicly released.
“When talking about digital procurement transformation, startups ought to be part of the conversation. I’m happy that this event is the global epicenter of procurement industry know-how and innovation launchpad” said Matthias Gutzmann, organiser of DPW 2019 Conference.
Procurement strikes back
“Procurement is often regarded as only…
Procurement Goes Digital
POOL4TOOL will hold the first Digital Procurement Day in Vienna
Vienna | Munich | Stuttgart, February 10, 2017 - POOL4TOOL is holding the first Digital Procurement Day on March 30, 2017, in Vienna. In talks, discussions and presentations, participants from the worlds of Procurement and Logistics will learn how they can use the positive effects of digitization to benefit their own companies. They will be joined by experts from KPMG, riskmethods…
