Spend Analytics for Electronics and Semiconductor Market Analysis Report 2023 to 2030
Spend Analytics for Electronics and Semiconductor Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 537.56 Million |
Market Size by 2030 | US$ 1,769.15 Million |
Global CAGR (2022 - 2030) | 16.1% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Spend Analytics for Electronics and Semiconductor Market Recent Developments:
The spend analytics for electronics and semiconductor market players highly adopt inorganic and organic strategies. A few major developments of the spend analytics for electronics and semiconductor market report are listed below:
- In January 2024, AW Rostamani Group (AWR) and GEP partnered to transform the source-to-pay (S2P) process. AI-driven procurement and supply chain software provider GEP will work with AWR. The latter has confirmed that they will use GEP’s software to help transform their entire source-to-pay (S2P) process and spend analytics, encompassing sourcing, supplier, and contract management.
- In February 2022, Coupa Software, a provider of BSM solutions, announced the release of Community.ai—a suite of next-generation spend management tools. Coupa combines the features of data-driven artificial intelligence with person-to-person interactions to improve B2B communities and the way buyers and sellers connect.