Procurement Software Market - Global Outlook and Forecast 2022-2028
Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.
This report contains market size and forecasts of Procurement Software in Global, including the following market information:
- Global Procurement Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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The global Procurement Software market was valued at 5573.6 million in 2021 and is projected to reach US$ 9168.2 million by 2028, at a CAGR of 7.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cloud Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Procurement Software include Basware, IBM, Oracle, PROACTIS, SAP, SciQuest, BravoSolution, BuyerQuest and Coupa Software, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Procurement Software 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.
Total Market by Segment:
Global Procurement Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Procurement Software Market Segment Percentages, by Type, 2021 (%)
- Cloud
- On-premises
Global Procurement Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Procurement Software Market Segment Percentages, by Application, 2021 (%)
- The School
- The Factory
- The Hospital
- The Supermarket
- Other
Global Procurement Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Procurement Software 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 Software revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Procurement Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Basware
- IBM
- Oracle
- PROACTIS
- SAP
- SciQuest
- BravoSolution
- BuyerQuest
- Coupa Software
- Elcom
- Epicor
- Infor
- IQNavigator
- Ivalua
- JDA Software
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