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The Global Procurement Analytics market is expected to reach $7.21 billion by 2026 growing at a CAGR of 18.5% during 2018 to 2026. Procurement analytics is a software tool that offers quantitative methods to derive actionable insights and outcomes from datasets. The procurement analytics provide comprehensive information about the historical data and with the help of predictive analytical tools enables enterprises to forecast future trends. Factors such as introduction of innovative technologies and implementing them, increasing adoption of the procurement process for cloud-based procurement solutions are driving the market growth. On the other hand, issues related with privacy and lack of awarenesss about the technical issues is hindering the market growth. Moreover, in order to have operational efficiency there is a huge rising need for highly efficient solutions is one of the major opportunities for the market growth. Based on organization size, small and medium-sized enterprises segment is anticipated to grow at significant market share during the forecast period. Due to increase in their market share by either introducing dedicated cloud platforms or associating with other cloud service organizations. The key vendors mentioned are BRIDGEi2i, Zycus, Sievo, Proactis, Rosslyn Data Technologies, Genpact, Coupa Software, SAP, Simfoni, Oracle, SAS, BirchStreet, JAGGAER, and Tamr. Organization Sizes Covered: • Large Enterprises • Small and Medium-Sized Enterprises Deployment Types Covered: • On-Premises • Cloud Applications Covered: • Spend Analytics • Contract Management • Supply Chain Analytics • Demand Forecasting • Vendor Management • Risk Analytics End Users Covered: • Healthcare and Life Sciences • Manufacturing • Banking, Financial Services, and Insurance • Government and Defense • Energy and Utilities • Retail and eCommerce • Telecom and IT • Other End Users Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Procurement Analytics Market, By Organization Size
5.1 Introduction
5.2 Large Enterprises
5.3 Small and Medium-Sized Enterprises
6 Global Procurement Analytics Market, By Component
6.1 Introduction
6.2 Services
6.3 Solutions
7 Global Procurement Analytics Market, By Deployment Type
7.1 Introduction
7.2 On-Premises
7.3 Cloud
8 Global Procurement Analytics Market, By Application
8.1 Introduction
8.2 Spend Analytics
8.3 Contract Management
8.4 Supply Chain Analytics
8.5 Demand Forecasting
8.6 Vendor Management
8.7 Risk Analytics
9 Global Procurement Analytics Market, By End User
9.1 Introduction
9.2 Healthcare and Life Sciences
9.3 Manufacturing
9.4 Banking, Financial Services, and Insurance
9.5 Government and Defense
9.6 Energy and Utilities
9.7 Retail and eCommerce
9.8 Telecom and IT
9.9 Other End Users
10 Global Procurement Analytics Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 BRIDGEi2i
12.2 Zycus
12.3 Sievo
12.4 Proactis
12.5 Rosslyn Data Technologies
12.6 Genpact
12.7 Coupa Software
12.8 SAP
12.9 Simfoni
12.10 Oracle
12.11 SAS
12.12 BirchStreet
12.13 JAGGAER
12.14 Tamr
List of Data Tables
1 Global Procurement Analytics Market Outlook, By Region (2016-2026) ($MN)
2 Global Procurement Analytics Market Outlook, By Organization Size (2016-2026) ($MN)
3 Global Procurement Analytics Market Outlook, By Large Enterprises (2016-2026) ($MN)
4 Global Procurement Analytics Market Outlook, By Small and Medium-Sized Enterprises (2016-2026) ($MN)
5 Global Procurement Analytics Market Outlook, By Component (2016-2026) ($MN)
6 Global Procurement Analytics Market Outlook, By Services (2016-2026) ($MN)
7 Global Procurement Analytics Market Outlook, By Solutions (2016-2026) ($MN)
8 Global Procurement Analytics Market Outlook, By Deployment Type (2016-2026) ($MN)
9 Global Procurement Analytics Market Outlook, By On-Premises (2016-2026) ($MN)
10 Global Procurement Analytics Market Outlook, By Cloud (2016-2026) ($MN)
11 Global Procurement Analytics Market Outlook, By Application (2016-2026) ($MN)
12 Global Procurement Analytics Market Outlook, By Spend Analytics (2016-2026) ($MN)
13 Global Procurement Analytics Market Outlook, By Contract Management (2016-2026) ($MN)
14 Global Procurement Analytics Market Outlook, By Supply Chain Analytics (2016-2026) ($MN)
15 Global Procurement Analytics Market Outlook, By Demand Forecasting (2016-2026) ($MN)
16 Global Procurement Analytics Market Outlook, By Vendor Management (2016-2026) ($MN)
17 Global Procurement Analytics Market Outlook, By Risk Analytics (2016-2026) ($MN)
18 Global Procurement Analytics Market Outlook, By End User (2016-2026) ($MN)
19 Global Procurement Analytics Market Outlook, By Healthcare and Life Sciences (2016-2026) ($MN)
20 Global Procurement Analytics Market Outlook, By Manufacturing (2016-2026) ($MN)
21 Global Procurement Analytics Market Outlook, By Banking, Financial Services, and Insurance (2016-2026) ($MN)
22 Global Procurement Analytics Market Outlook, By Government and Defense (2016-2026) ($MN)
23 Global Procurement Analytics Market Outlook, By Energy and Utilities (2016-2026) ($MN)
24 Global Procurement Analytics Market Outlook, By Retail and eCommerce (2016-2026) ($MN)
25 Global Procurement Analytics Market Outlook, By Telecom and IT (2016-2026) ($MN)
26 Global Procurement Analytics Market Outlook, By Other End Users (2016-2026) ($MN)
27 North America Procurement Analytics Market Outlook, By Organization Size (2016-2026) ($MN)
28 North America Procurement Analytics Market Outlook, By Component (2016-2026) ($MN)
29 North America Procurement Analytics Market Outlook, By Deployment Type (2016-2026) ($MN)
30 North America Procurement Analytics Market Outlook, By Application (2016-2026) ($MN)
31 North America Procurement Analytics Market Outlook, By End User (2016-2026) ($MN)
32 Europe Procurement Analytics Market Outlook, By Organization Size (2016-2026) ($MN)
33 Europe Procurement Analytics Market Outlook, By Component (2016-2026) ($MN)
34 Europe Procurement Analytics Market Outlook, By Deployment Type (2016-2026) ($MN)
35 Europe Procurement Analytics Market Outlook, By Application (2016-2026) ($MN)
36 Europe Procurement Analytics Market Outlook, By End User (2016-2026) ($MN)
37 Asia Pacific Procurement Analytics Market Outlook, By Organization Size (2016-2026) ($MN)
38 Asia Pacific Procurement Analytics Market Outlook, By Component (2016-2026) ($MN)
39 Asia Pacific Procurement Analytics Market Outlook, By Deployment Type (2016-2026) ($MN)
40 Asia Pacific Procurement Analytics Market Outlook, By Application (2016-2026) ($MN)
41 Asia Pacific Procurement Analytics Market Outlook, By End User (2016-2026) ($MN)
42 South America Procurement Analytics Market Outlook, By Organization Size (2016-2026) ($MN)
43 South America Procurement Analytics Market Outlook, By Component (2016-2026) ($MN)
44 South America Procurement Analytics Market Outlook, By Deployment Type (2016-2026) ($MN)
45 South America Procurement Analytics Market Outlook, By Application (2016-2026) ($MN)
46 South America Procurement Analytics Market Outlook, By End User (2016-2026) ($MN)
47 Middle East & Africa Procurement Analytics Market Outlook, By Organization Size (2016-2026) ($MN)
48 Middle East & Africa Procurement Analytics Market Outlook, By Component (2016-2026) ($MN)
49 Middle East & Africa Procurement Analytics Market Outlook, By Deployment Type (2016-2026) ($MN)
50 Middle East & Africa Procurement Analytics Market Outlook, By Application (2016-2026) ($MN)
51 Middle East & Africa Procurement Analytics Market Outlook, By End User (2016-2026) ($MN)