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E-Sourcing Software Research:CAGR of 8.5% during the forecast period
Market Analysis and Insights: Global E-Sourcing Software Market
【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】
https://www.qyresearch.com/reports/2849064/e-sourcing-software
E-Sourcing Software Market Summary
E-sourcing software, also known as electronic sourcing software, is a type of technology that facilitates and streamlines the procurement and sourcing processes within an organization through online platforms. It is designed to automate and improve various aspects of strategic sourcing, procurement, and supply chain management.
According to the new market research report "Global E-Sourcing Software Market Report 2023-2029", published by QYResearch, the global E-Sourcing Software market size is projected to reach USD 4.67 billion by 2029, at a CAGR of 8.5% during the forecast period.
Global E-Sourcing Software MarketSize(US$ Million), 2018-2029
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Above data is based on report from QYResearch: Global E-Sourcing Software Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
Global E-Sourcing Software Top10Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
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Above data is based on report from QYResearch: Global E-Sourcing Software Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of E-Sourcing Software include Procol, Zycus, SAP Ariba, Workday, Strategic Sourcing, etc. In 2022, the global top four players had a share approximately 24% in terms of revenue.
Market Drivers:
Cost Savings: E-sourcing software enables organizations to conduct online auctions and competitive bidding, fostering a more transparent and competitive procurement environment. This can result in cost savings as suppliers compete to offer the best prices.
Globalization of Supply Chains: As businesses operate on a global scale, the need for efficient and centralized procurement solutions becomes crucial. E-sourcing software provides a platform for managing procurement activities across different geographic locations.
Restraint:
Data Security Concerns: As e-sourcing software involves the handling of sensitive procurement data, organizations may have concerns about data security. Ensuring the protection of confidential information and compliance with data privacy regulations is crucial for software providers.
Opportunity:
Mid-Market and SME Adoption: While larger enterprises have been early adopters of e-sourcing solutions, there is a growing opportunity to target mid-sized businesses and small and medium enterprises (SMEs). Developing solutions that cater to the specific needs and budgets of smaller organizations can tap into this market segment.
Sustainability and CSR Focus: Organizations are increasingly prioritizing sustainability and corporate social responsibility (CSR). E-sourcing software can play a role in facilitating sustainable sourcing practices, enabling organizations to make environmentally conscious procurement decisions.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The E-Sourcing Software market is segmented as below:
By Company
Procol
Zycus
SAP Ariba
Workday
Strategic Sourcing
Coupa
Jaggaer
Tipalti approve
EC Sourcing
ProcurementFlow
SourceSuite
Oboloo
Corcentric
Basware
Proactis
Aavenir
ProcureWare
Segment by Type
Cloud-based
On-premise
Segment by Application
Large Enterprises
SMEs
Each chapter of the report provides detailed information for readers to further understand the E-Sourcing Software market:
Chapter 1: Introduces the report scope of the E-Sourcing Software report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of E-Sourcing Software manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various E-Sourcing Software 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. (2019-2030)
Chapter 4: 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.(2019-2030)
Chapter 5: Sales, revenue of E-Sourcing Software in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of E-Sourcing Software in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
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. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth E-Sourcing Software competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides E-Sourcing Software comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides E-Sourcing Software market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global E-Sourcing Software Market Research Report 2024
E-Sourcing Software - Global Market Insights and Sales Trends 2024
Global E-Sourcing Software Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application
Global E-Sourcing Software Market Research Report 2023
Global E-Sourcing Software Market Insights, Forecast to 2029
Global and United States E-Sourcing Software Market Report & Forecast 2022-2028
About Us：
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)
JP: https://www.qyresearch.co.jp
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