Procurement Software Market Key Industry Analysis

The report covers a detailed analysis and forecast for the global procurement software market on a global and regional level from 2021 to 2028. The study offers historical data from 2016 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million). The study comprises a comprehensive view of the market with a review of market drivers, restraints, and opportunities. It also provides the level of impact of drivers and restraints on the procurement software market between 2021 and 2028.

These assessments help users of the report to analyze the procurement software market on the basis of different metrics that includes brand loyalty, switching costs, capital investments, economies of scale, regulatory legislation, current sales networks, production rights and patents, customer preferences, and promotional effects. This categorized data is expected to aid industry stakeholders in decision-making.The study also suggests company penetration plans for new entrants. Furthermore, the procurement software industry study report has listed the main manufacturers and distributors operating in all the major regions. We anticipate that this analysis and data will assist industry players to strengthen their networks of market penetration and expand their geographical breadth as a result of their efforts.

Market Research Store (MRS) published a latest report titled “Procurement Software Market research report which is segmented by Products (Spend Analysis, E-Sourcing, E-Procurement, Contract Management, Supplier Management, Others), by Applications (Small and medium enterprise (SMEs), Large enterprises), by Key Players/Companies (Zycus Inc, Infor Inc., Epicor Software Corporation, SAP SE, Coupa Software Incorporated, Machines Corporation, IBM Corporation, JDA Software Inc., Mercateo AG, Oracle Corporation, Proactis)”. In 2020, the global procurement software market demand was registered at XX (USD Million) and is predicted to reach XX (USD Million) at a CAGR of XX% by 2028.

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Report Scope:

Report Attributes Report Details
Report Title Procurement Software Market Research Report
By Products Spend Analysis, E-Sourcing, E-Procurement, Contract Management, Supplier Management, Others
By Applications Small and medium enterprise (SMEs), Large enterprises
By Key Players Zycus Inc, Infor Inc., Epicor Software Corporation, SAP SE, Coupa Software Incorporated, Machines Corporation, IBM Corporation, JDA Software Inc., Mercateo AG, Oracle Corporation, Proactis
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA)
Countries Covered North America : U.S and Canada
Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe
APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific
Latin America : Mexico, Brazil
The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA
Base Year 2020
Historical Year 2016to 2020 (Depending on availability, data from 2010 can be offered)
Forecast Year 2028
Number of Pages 104
Customization Available Yes, the report can be tailored to meet your specific requirements.

The study includes a detailed competitive scenario and product portfolio of key vendors. The report evaluates Porter’s Five Forces model to analyze the different factors affecting the growth of the procurement software market. Furthermore, the study encompasses a market attractiveness analysis, which provides the most attractive and least attractive market segments information by products, applications, and region. Additionally, the report also covers the exhaustive regulatory landscape, technology landscape, value chain analysis and PEST analysis.

Global Procurement Software  Y-O-Y Growth
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Procurement Software Market COVID-19 Impact Analysis

The epidemic of COVID-19 has caused significant economic and social upheaval. The pandemic has had an influence on the supply chain and value chain of numerous businesses. The procurement software market is not an exception. The impact of the COVID-19 pandemic will be analyzed on the basis of the overall industry including both the demand side and supply side perspectives. The effects of the pandemic would be studied and analyzed for short-term and long-term scenarios. This would assist to formulate business strategies for the period during the pandemic as well as the post-pandemic period for all stakeholders involved in the industry including suppliers, manufacturers, vendors, distributors, and end-users.

Procurement Software Market Key Segment Analysis

The report study delivers a critical assessment on the procurement software by segmenting the total addressable market based on products, applications, and region. All the segments & categories of the procurement software market are evaluated on the basis of past and future trends. The data for the market and its segments & categories are provided from 2016 to 2028. The report has identified the important segments & categories offering the most to the total addressable market growth in terms of revenue as well as the factors advancing their development.

The report includes a detailed segment analysis of the procurement software market based on products, applications, and region. On the basis of Products, the market can be classified into Spend Analysis, E-Sourcing, E-Procurement, Contract Management, Supplier Management, Others. Based on the Applications, the market can be segmented into the Small and medium enterprise (SMEs), Large enterprises.

Key Market Players & Competitive Landscape of Procurement Software Market

The report provides exhaustive information on all the key players in the industry based on company overview, company market share, recent developments, business strategies, and financial performance among others. The report will also provide an extensive product portfolio for each company along with detailed descriptions/features. This report also contains useful recommendations for both established and new players around the world.

Some of the key players in the procurement software market include:

  • Zycus Inc
  • Infor Inc.
  • Epicor Software Corporation
  • SAP SE
  • Coupa Software Incorporated
  • Machines Corporation
  • IBM Corporation
  • JDA Software Inc.
  • Mercateo AG
  • Oracle Corporation
  • Proactis

Due to the existence of multiple significant competitors, the industry is very competitive. Several inorganic growth techniques, such as acquisitions, mergers, and regional expansion are being pursued by the majority of manufacturers in order to increase their market share and obtain a competitive edge.

Key Benefits of the Report:

  • COVID-19 Impact Analysis (A completely separate Chapter)
  • Market size in terms of revenue from 2016 to 2028
  • Market size for each segment from 2016 to 2028, by Region
  • Market Attractiveness Analysis for all the segments
  • Market Drivers, Restraints, and Opportunities
  • Regional Market Trends
  • Value Chain Analysis
  • Regulatory Landscape
  • Technology Landscape
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Competitive Landscape and Company Market Shares

Procurement Software Market Regional Analysis

The report provides market size for all the segments and their categories for regions that include North America, Europe, Asia Pacific (APAC), Latin America and the Middle East & Africa (MEA). These regions are further bifurcated into major countries including the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others. The report has analyzed both developed & developing regions considered for research of the procurement software market. To assist firms in developing effective development strategies, the regional analysis section provides a complete overview of the industry from a number of countries and regions.

Global Procurement Software  Regional SegmentationInquiry Before Buying

Significant aspects of the Procurement Software Market Report:

  1. Drivers, Restraints, Opportunities and Recent Trends of the procurement software market
  2. Structure of the market and projections for the next few years
  3. Market situation for each segment and region
  4. By Products
    • Spend Analysis
    • E-Sourcing
    • E-Procurement
    • Contract Management
    • Supplier Management
    • Others
  5. By Applications
    • Small and medium enterprise (SMEs)
    • Large enterprises
  6. By Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • The Middle East & Africa
  7. An evaluation of upstream raw materials, downstream demand, and existing market dynamics is carried out
  8. Company Market Shares, Competitive Landscape, SWOT Analysis, and Product Specification

The findings would be further affirmed and expanded upon through primary research conducted with industry professionals and decision-makers from around the world. A wide range of data validation and market estimation approaches were used to further assemble and validate the results gathered during the research. We also have our data forecasting algorithm that projects market growth over the year 2028. We performed both primary and secondary research to gain a clear overview of the procurement software market. This helped us understand existing market dynamics like supply-demand imbalance, pricing trends, product preferences, consumer behavior, and other factors.

The following are the justifications for purchasing the Procurement Software Market report:

  • Learn how to gather and analyze strategically essential competitor data and resources to develop effective R&D strategies.
  • Consider the target demography when classifying possible new clients or partners.
  • Identify the strategic priorities of top firms to establish tactical efforts.
  • Selecting Leading Manufacturers might help you determine mergers and acquisitions more effectively.
  • The study provides an in-depth analysis of market segments, sub-segments, and the regional prognosis for the market in consideration.
  • The report provides an in-depth overview of the supplier analysis, competitive landscape, and major industry strategies that will help businesses obtain a competitive advantage in the industry.

Frequently Asked Questions

These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in Procurement Software business includes.

  • Zycus Inc
  • Infor Inc.
  • Epicor Software Corporation
  • SAP SE
  • Coupa Software Incorporated
  • Machines Corporation
  • IBM Corporation
  • JDA Software Inc.
  • Mercateo AG
  • Oracle Corporation
  • Proactis

As per Procurement Software market analysis, North America is forecasted to occupied major share in the Procurement Software market.

The statistical data of the dominant industry player of Procurement Software market can be acquired from the company profile segment described in the report. This segment come up with analysis of major player’s in the Procurement Software market, also their last five-year revenue, segmental, product offerings, key strategies adopted and geographical revenue produced.

The report come up with a segment of the Procurement Software market based on Type, Region, and Application, Also offer a determined view on the Procurement Software market.

The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.

The sample report for Procurement Software market can be received after the apply from the website.

Table Of Content

Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Procurement Software Market Share by Type (2020-2026) 1.5.2 Spend Analysis 1.5.3 E-Sourcing 1.5.4 E-Procurement 1.5.5 Contract Management 1.5.6 Supplier Management 1.5.7 Others 1.6 Market by Application 1.6.1 Global Procurement Software Market Share by Application (2020-2026) 1.6.2 Small and medium enterprise (SMEs) 1.6.3 Large enterprises 1.7 Procurement Software Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Procurement Software Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Procurement Software Market 3.1 Value Chain Status 3.2 Procurement Software Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Procurement Software 3.2.3 Labor Cost of Procurement Software 3.2.3.1 Labor Cost of Procurement Software Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Zycus Inc 4.1.1 Zycus Inc Basic Information 4.1.2 Procurement Software Product Profiles, Application and Specification 4.1.3 Zycus Inc Procurement Software Market Performance (2015-2020) 4.1.4 Zycus Inc Business Overview 4.2 Infor Inc. 4.2.1 Infor Inc. Basic Information 4.2.2 Procurement Software Product Profiles, Application and Specification 4.2.3 Infor Inc. Procurement Software Market Performance (2015-2020) 4.2.4 Infor Inc. Business Overview 4.3 Epicor Software Corporation 4.3.1 Epicor Software Corporation Basic Information 4.3.2 Procurement Software Product Profiles, Application and Specification 4.3.3 Epicor Software Corporation Procurement Software Market Performance (2015-2020) 4.3.4 Epicor Software Corporation Business Overview 4.4 SAP SE 4.4.1 SAP SE Basic Information 4.4.2 Procurement Software Product Profiles, Application and Specification 4.4.3 SAP SE Procurement Software Market Performance (2015-2020) 4.4.4 SAP SE Business Overview 4.5 Coupa Software Incorporated 4.5.1 Coupa Software Incorporated Basic Information 4.5.2 Procurement Software Product Profiles, Application and Specification 4.5.3 Coupa Software Incorporated Procurement Software Market Performance (2015-2020) 4.5.4 Coupa Software Incorporated Business Overview 4.6 Machines Corporation 4.6.1 Machines Corporation Basic Information 4.6.2 Procurement Software Product Profiles, Application and Specification 4.6.3 Machines Corporation Procurement Software Market Performance (2015-2020) 4.6.4 Machines Corporation Business Overview 4.7 IBM Corporation 4.7.1 IBM Corporation Basic Information 4.7.2 Procurement Software Product Profiles, Application and Specification 4.7.3 IBM Corporation Procurement Software Market Performance (2015-2020) 4.7.4 IBM Corporation Business Overview 4.8 JDA Software Inc. 4.8.1 JDA Software Inc. Basic Information 4.8.2 Procurement Software Product Profiles, Application and Specification 4.8.3 JDA Software Inc. Procurement Software Market Performance (2015-2020) 4.8.4 JDA Software Inc. Business Overview 4.9 Mercateo AG 4.9.1 Mercateo AG Basic Information 4.9.2 Procurement Software Product Profiles, Application and Specification 4.9.3 Mercateo AG Procurement Software Market Performance (2015-2020) 4.9.4 Mercateo AG Business Overview 4.10 Oracle Corporation 4.10.1 Oracle Corporation Basic Information 4.10.2 Procurement Software Product Profiles, Application and Specification 4.10.3 Oracle Corporation Procurement Software Market Performance (2015-2020) 4.10.4 Oracle Corporation Business Overview 4.11 Proactis 4.11.1 Proactis Basic Information 4.11.2 Procurement Software Product Profiles, Application and Specification 4.11.3 Proactis Procurement Software Market Performance (2015-2020) 4.11.4 Proactis Business Overview 5 Global Procurement Software Market Analysis by Regions 5.1 Global Procurement Software Sales, Revenue and Market Share by Regions 5.1.1 Global Procurement Software Sales by Regions (2015-2020) 5.1.2 Global Procurement Software Revenue by Regions (2015-2020) 5.2 North America Procurement Software Sales and Growth Rate (2015-2020) 5.3 Europe Procurement Software Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Procurement Software Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Procurement Software Sales and Growth Rate (2015-2020) 5.6 South America Procurement Software Sales and Growth Rate (2015-2020) 6 North America Procurement Software Market Analysis by Countries 6.1 North America Procurement Software Sales, Revenue and Market Share by Countries 6.1.1 North America Procurement Software Sales by Countries (2015-2020) 6.1.2 North America Procurement Software Revenue by Countries (2015-2020) 6.1.3 North America Procurement Software Market Under COVID-19 6.2 United States Procurement Software Sales and Growth Rate (2015-2020) 6.2.1 United States Procurement Software Market Under COVID-19 6.3 Canada Procurement Software Sales and Growth Rate (2015-2020) 6.4 Mexico Procurement Software Sales and Growth Rate (2015-2020) 7 Europe Procurement Software Market Analysis by Countries 7.1 Europe Procurement Software Sales, Revenue and Market Share by Countries 7.1.1 Europe Procurement Software Sales by Countries (2015-2020) 7.1.2 Europe Procurement Software Revenue by Countries (2015-2020) 7.1.3 Europe Procurement Software Market Under COVID-19 7.2 Germany Procurement Software Sales and Growth Rate (2015-2020) 7.2.1 Germany Procurement Software Market Under COVID-19 7.3 UK Procurement Software Sales and Growth Rate (2015-2020) 7.3.1 UK Procurement Software Market Under COVID-19 7.4 France Procurement Software Sales and Growth Rate (2015-2020) 7.4.1 France Procurement Software Market Under COVID-19 7.5 Italy Procurement Software Sales and Growth Rate (2015-2020) 7.5.1 Italy Procurement Software Market Under COVID-19 7.6 Spain Procurement Software Sales and Growth Rate (2015-2020) 7.6.1 Spain Procurement Software Market Under COVID-19 7.7 Russia Procurement Software Sales and Growth Rate (2015-2020) 7.7.1 Russia Procurement Software Market Under COVID-19 8 Asia-Pacific Procurement Software Market Analysis by Countries 8.1 Asia-Pacific Procurement Software Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Procurement Software Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Procurement Software Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Procurement Software Market Under COVID-19 8.2 China Procurement Software Sales and Growth Rate (2015-2020) 8.2.1 China Procurement Software Market Under COVID-19 8.3 Japan Procurement Software Sales and Growth Rate (2015-2020) 8.3.1 Japan Procurement Software Market Under COVID-19 8.4 South Korea Procurement Software Sales and Growth Rate (2015-2020) 8.4.1 South Korea Procurement Software Market Under COVID-19 8.5 Australia Procurement Software Sales and Growth Rate (2015-2020) 8.6 India Procurement Software Sales and Growth Rate (2015-2020) 8.6.1 India Procurement Software Market Under COVID-19 8.7 Southeast Asia Procurement Software Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Procurement Software Market Under COVID-19 9 Middle East and Africa Procurement Software Market Analysis by Countries 9.1 Middle East and Africa Procurement Software Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Procurement Software Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Procurement Software Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Procurement Software Market Under COVID-19 9.2 Saudi Arabia Procurement Software Sales and Growth Rate (2015-2020) 9.3 UAE Procurement Software Sales and Growth Rate (2015-2020) 9.4 Egypt Procurement Software Sales and Growth Rate (2015-2020) 9.5 Nigeria Procurement Software Sales and Growth Rate (2015-2020) 9.6 South Africa Procurement Software Sales and Growth Rate (2015-2020) 10 South America Procurement Software Market Analysis by Countries 10.1 South America Procurement Software Sales, Revenue and Market Share by Countries 10.1.1 South America Procurement Software Sales by Countries (2015-2020) 10.1.2 South America Procurement Software Revenue by Countries (2015-2020) 10.1.3 South America Procurement Software Market Under COVID-19 10.2 Brazil Procurement Software Sales and Growth Rate (2015-2020) 10.2.1 Brazil Procurement Software Market Under COVID-19 10.3 Argentina Procurement Software Sales and Growth Rate (2015-2020) 10.4 Columbia Procurement Software Sales and Growth Rate (2015-2020) 10.5 Chile Procurement Software Sales and Growth Rate (2015-2020) 11 Global Procurement Software Market Segment by Types 11.1 Global Procurement Software Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Procurement Software Sales and Market Share by Types (2015-2020) 11.1.2 Global Procurement Software Revenue and Market Share by Types (2015-2020) 11.2 Spend Analysis Sales and Price (2015-2020) 11.3 E-Sourcing Sales and Price (2015-2020) 11.4 E-Procurement Sales and Price (2015-2020) 11.5 Contract Management Sales and Price (2015-2020) 11.6 Supplier Management Sales and Price (2015-2020) 11.7 Others Sales and Price (2015-2020) 12 Global Procurement Software Market Segment by Applications 12.1 Global Procurement Software Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Procurement Software Sales and Market Share by Applications (2015-2020) 12.1.2 Global Procurement Software Revenue and Market Share by Applications (2015-2020) 12.2 Small and medium enterprise (SMEs) Sales, Revenue and Growth Rate (2015-2020) 12.3 Large enterprises Sales, Revenue and Growth Rate (2015-2020) 13 Procurement Software Market Forecast by Regions (2020-2026) 13.1 Global Procurement Software Sales, Revenue and Growth Rate (2020-2026) 13.2 Procurement Software Market Forecast by Regions (2020-2026) 13.2.1 North America Procurement Software Market Forecast (2020-2026) 13.2.2 Europe Procurement Software Market Forecast (2020-2026) 13.2.3 Asia-Pacific Procurement Software Market Forecast (2020-2026) 13.2.4 Middle East and Africa Procurement Software Market Forecast (2020-2026) 13.2.5 South America Procurement Software Market Forecast (2020-2026) 13.3 Procurement Software Market Forecast by Types (2020-2026) 13.4 Procurement Software Market Forecast by Applications (2020-2026) 13.5 Procurement Software Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source

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