Procurement Analytics System Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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This report aims to provide a comprehensive presentation of the global market for Procurement Analytics System study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Procurement Analytics System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Procurement Analytics System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-premise Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Procurement Analytics System include SAP, Oracle, SAS Institute, Coupa Software, Genpact, Rosslyn Data Technologies, Microsoft, IBM and Cisco and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Procurement Analytics System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Procurement Analytics System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Procurement Analytics System Market Segment Percentages, by Type, 2021 (%)
On-premise
Cloud-based
Global Procurement Analytics System Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Procurement Analytics System Market Segment Percentages, by Application, 2021 (%)
Small and Medium Enterprise
Large Enterprise
Global Procurement Analytics System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Procurement Analytics System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Procurement Analytics System revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Procurement Analytics System revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SAP
Oracle
SAS Institute
Coupa Software
Genpact
Rosslyn Data Technologies
Microsoft
IBM
Cisco
GEP
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Procurement Analytics System Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Procurement Analytics System Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Procurement Analytics System Overall Market Size
2.1 Global Procurement Analytics System Market Size: 2021 VS 2028
2.2 Global Procurement Analytics System Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Procurement Analytics System Players in Global Market
3.2 Top Global Procurement Analytics System Companies Ranked by Revenue
3.3 Global Procurement Analytics System Revenue by Companies
3.4 Top 3 and Top 5 Procurement Analytics System Companies in Global Market, by Revenue in 2021
3.5 Global Companies Procurement Analytics System Product Type
3.6 Tier 1, Tier 2 and Tier 3 Procurement Analytics System Players in Global Market
3.6.1 List of Global Tier 1 Procurement Analytics System Companies
3.6.2 List of Global Tier 2 and Tier 3 Procurement Analytics System Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Procurement Analytics System Market Size Markets, 2021 & 2028
4.1.2 On-premise
4.1.3 Cloud-based
4.2 By Type - Global Procurement Analytics System Revenue & Forecasts
4.2.1 By Type - Global Procurement Analytics System Revenue, 2017-2022
4.2.2 By Type - Global Procurement Analytics System Revenue, 2023-2028
4.2.3 By Type - Global Procurement Analytics System Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Procurement Analytics System Market Size, 2021 & 2028
5.1.2 Small and Medium Enterprise
5.1.3 Large Enterprise
5.2 By Application - Global Procurement Analytics System Revenue & Forecasts
5.2.1 By Application - Global Procurement Analytics System Revenue, 2017-2022
5.2.2 By Application - Global Procurement Analytics System Revenue, 2023-2028
5.2.3 By Application - Global Procurement Analytics System Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Procurement Analytics System Market Size, 2021 & 2028
6.2 By Region - Global Procurement Analytics System Revenue & Forecasts
6.2.1 By Region - Global Procurement Analytics System Revenue, 2017-2022
6.2.2 By Region - Global Procurement Analytics System Revenue, 2023-2028
6.2.3 By Region - Global Procurement Analytics System Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Procurement Analytics System Revenue, 2017-2028
6.3.2 US Procurement Analytics System Market Size, 2017-2028
6.3.3 Canada Procurement Analytics System Market Size, 2017-2028
6.3.4 Mexico Procurement Analytics System Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Procurement Analytics System Revenue, 2017-2028
6.4.2 Germany Procurement Analytics System Market Size, 2017-2028
6.4.3 France Procurement Analytics System Market Size, 2017-2028
6.4.4 U.K. Procurement Analytics System Market Size, 2017-2028
6.4.5 Italy Procurement Analytics System Market Size, 2017-2028
6.4.6 Russia Procurement Analytics System Market Size, 2017-2028
6.4.7 Nordic Countries Procurement Analytics System Market Size, 2017-2028
6.4.8 Benelux Procurement Analytics System Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Procurement Analytics System Revenue, 2017-2028
6.5.2 China Procurement Analytics System Market Size, 2017-2028
6.5.3 Japan Procurement Analytics System Market Size, 2017-2028
6.5.4 South Korea Procurement Analytics System Market Size, 2017-2028
6.5.5 Southeast Asia Procurement Analytics System Market Size, 2017-2028
6.5.6 India Procurement Analytics System Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Procurement Analytics System Revenue, 2017-2028
6.6.2 Brazil Procurement Analytics System Market Size, 2017-2028
6.6.3 Argentina Procurement Analytics System Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Procurement Analytics System Revenue, 2017-2028
6.7.2 Turkey Procurement Analytics System Market Size, 2017-2028
6.7.3 Israel Procurement Analytics System Market Size, 2017-2028
6.7.4 Saudi Arabia Procurement Analytics System Market Size, 2017-2028
6.7.5 UAE Procurement Analytics System Market Size, 2017-2028
7 Players Profiles
7.1 SAP
7.1.1 SAP Corporate Summary
7.1.2 SAP Business Overview
7.1.3 SAP Procurement Analytics System Major Product Offerings
7.1.4 SAP Procurement Analytics System Revenue in Global Market (2017-2022)
7.1.5 SAP Key News
7.2 Oracle
7.2.1 Oracle Corporate Summary
7.2.2 Oracle Business Overview
7.2.3 Oracle Procurement Analytics System Major Product Offerings
7.2.4 Oracle Procurement Analytics System Revenue in Global Market (2017-2022)
7.2.5 Oracle Key News
7.3 SAS Institute
7.3.1 SAS Institute Corporate Summary
7.3.2 SAS Institute Business Overview
7.3.3 SAS Institute Procurement Analytics System Major Product Offerings
7.3.4 SAS Institute Procurement Analytics System Revenue in Global Market (2017-2022)
7.3.5 SAS Institute Key News
7.4 Coupa Software
7.4.1 Coupa Software Corporate Summary
7.4.2 Coupa Software Business Overview
7.4.3 Coupa Software Procurement Analytics System Major Product Offerings
7.4.4 Coupa Software Procurement Analytics System Revenue in Global Market (2017-2022)
7.4.5 Coupa Software Key News
7.5 Genpact
7.5.1 Genpact Corporate Summary
7.5.2 Genpact Business Overview
7.5.3 Genpact Procurement Analytics System Major Product Offerings
7.5.4 Genpact Procurement Analytics System Revenue in Global Market (2017-2022)
7.5.5 Genpact Key News
7.6 Rosslyn Data Technologies
7.6.1 Rosslyn Data Technologies Corporate Summary
7.6.2 Rosslyn Data Technologies Business Overview
7.6.3 Rosslyn Data Technologies Procurement Analytics System Major Product Offerings
7.6.4 Rosslyn Data Technologies Procurement Analytics System Revenue in Global Market (2017-2022)
7.6.5 Rosslyn Data Technologies Key News
7.7 Microsoft
7.7.1 Microsoft Corporate Summary
7.7.2 Microsoft Business Overview
7.7.3 Microsoft Procurement Analytics System Major Product Offerings
7.7.4 Microsoft Procurement Analytics System Revenue in Global Market (2017-2022)
7.7.5 Microsoft Key News
7.8 IBM
7.8.1 IBM Corporate Summary
7.8.2 IBM Business Overview
7.8.3 IBM Procurement Analytics System Major Product Offerings
7.8.4 IBM Procurement Analytics System Revenue in Global Market (2017-2022)
7.8.5 IBM Key News
7.9 Cisco
7.9.1 Cisco Corporate Summary
7.9.2 Cisco Business Overview
7.9.3 Cisco Procurement Analytics System Major Product Offerings
7.9.4 Cisco Procurement Analytics System Revenue in Global Market (2017-2022)
7.9.5 Cisco Key News
7.10 GEP
7.10.1 GEP Corporate Summary
7.10.2 GEP Business Overview
7.10.3 GEP Procurement Analytics System Major Product Offerings
7.10.4 GEP Procurement Analytics System Revenue in Global Market (2017-2022)
7.10.5 GEP Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
Research Methodology:
Procurement Analytics System Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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