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Spend Analytics Global Market by Application, Scope, Analysis and Outlook to 2023

12-14-2017 12:39 PM CET | IT, New Media & Software

Press release from: ReportsWeb

Reportsweb

Reportsweb

According to Publisher, the Global Spend Analytics Market is accounted for $1.09 billion in 2016 and is expected to reach $3.54 billion by 2023 growing at a CAGR of 18.3 % during the forecast period. Expanding requirement for supplier and market intelligence and Predictive Analytics for businesses are some drivers which are positively affecting the market. However, trouble in migrating from legacy systems is hindering the market. Developing demand for cloud computing technology is providing the significant growth opportunities for the market.

By analytics type, descriptive analytics segment is projected to grow at a fastest CAGR due to growing appropriation of computerized innovations. By geography, Asia pacific is estimated to grow at a highest CAGR during the forecast period due to increasing machinery cost in countries such as China and India.

For more information @ http://www.reportsweb.com/spend-analytics-global-market-outlook-2017-2023

Some of the key players in Spend Analytics market include Jaggaer, SAP SE, Oracle Corporation, Proactis, Ivalua Inc., Coupa Software Incorporated, International Business Machines Corporation, Empronc Solutions Pvt. Ltd., Bravosolution SPA, SAS Institute Inc., Zycus Inc., and Rosslyn Data Technologies PLC.

Analytics Types Covered:
-Prescriptive Analytics
-Descriptive Analytics
-Predictive Analytics

Deployment Models Covered:
-Cloud
-On-Premises

Applications Covered:
-Governance and Compliance Management
-Financial Management
-Demand and Supply Forecasting
-Risk Management
-Supplier Sourcing and Performance Management
-Other Applications

Organization Sizes Covered:
-Large Enterprises
-Small and Medium-Sized Businesses

Request Sample Copy http://www.reportsweb.com/inquiry&RW00011033082/sample

Components Covered:
-Services
-Professional Services
-Consulting
-Managed Services
-Support and Maintenance
-Software

End Users Covered:
-Healthcare and Life Sciences
-Energy and Utilities
-Retail and Ecommerce
-Banking, Financial Services, and Insurance
-Manufacturing
-Telecommunications and IT
-Government and Defense
-Other End Users

Business Functions Covered:
-Marketing
-Finance
-Procurement
-Information Technology

Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-France
-Italy
-UK
-Spain
-Rest of Europe
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-South Korea
-Rest of Asia Pacific
-South America
-Argentina
-Brazil
-Chile
-Rest of South America
-Middle East & Africa
-Saudi Arabia
-UAE
-Qatar
-South Africa
-Rest of Middle East & Africa

Make an enquiry: http://www.reportsweb.com/inquiry&RW00011033082/buying

Contact Us:
Call: +1-646-491-9876
Email: sales@reportsweb.com

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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