The Procurement Analytics Market is expected to register a CAGR of 25.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented based on Application (Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management), Deployment type (Cloud, On Premises), Industry Vertical (Retail and E Commerce, Manufacturing, Government and Defense, Healthcare and Life sciences, Telecom and IT, Energy and Utility, Banking Financial Services and Insurance). The global analysis is further broken down at the regional level and major countries.
The report Procurement Analytics Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
The regional trends and factors influencing the Procurement Analytics Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Procurement Analytics Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2024 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2025 - 2031) | 25.5% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Application
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Procurement Analytics Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Procurement Analytics Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The research report on the Procurement Analytics Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players in the Procurement Analytics Market are: BRIDGEi2i Analytics Solutions, Coupa Software Inc, Genpact, JAGGAER, Oracle, Proactis Holdings Limited, Rosslyn Data Technologies, SAP, SAS Institute Inc
Procurement Analytics Market is expected to grow at a CAGR of 25.5% between 2023-2031
The future trends of the Procurement Analytics Market are: Technological Advancement, Data-Driven Decision Making
The driving factors impacting the Procurement Analytics Market are: Growing Complexities in the market, Sustainability