Spend Management Platform Market Scope And Analysis

Report Code : TIPRE00037810
Category : Technology, Media and Telecommunications

No. of Pages : 150

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Spend Management Platform Market Growth Analysis by 2031

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Spend Management Platform Market Report Scope

Report Attribute	Details
Market size in 2024	US$ 22.06 Billion
Market Size by 2031	US$ 49.25 Billion
Global CAGR (2025 - 2031)	12.2%
Historical Data	2021-2023
Forecast period	2025-2031
Segments Covered	By Deployment Cloud On-Premise By Enterprise Size SMEs Large Enterprises By Industry Vertical BFSI IT and Telecom Retail Healthcare Manufacturing
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Coupa Software Inc GEP IBM Corporation Procurify SAP SE Sievo SutiSoft Inc Touchstone Group Ltd Expensify Inc Sage Group PLC

Spend Management Platform Market News and Recent Developments

The spend management platform market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:

In January 2024, Corpay, a FLEETCOR trademark, introduced a spend management platform aimed at transforming corporate payments and spending into a mobile-friendly solution. The new Corpay Complete offers a full solution for finance teams by integrating corporate cards, expense reimbursements, accounts payable (AP) automation, and supplier payments. (Source: Corpay, Press Release)
In July 2023, EnKash, Asia’s 1st and smartest spend Management platform, launched “Olympus,” an industry-first solution that automates business payables and receivables. Midsize and especially traditional businesses lack experience and accessibility of digital payments, considering the high costs and efforts involved. While larger companies get desired technology solutions from banks and their software providers, startups and small-to-midsize businesses have struggled for a long time. (Source: EnKash, Newsletter)

Spend Management Platform Market Report Coverage and Deliverables

The “Spend Management Platform Market Size and Forecast (2023–2031)” report provides a detailed analysis of the market covering the following areas:

Spend Management PlatformMarket size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Spend Management Platform Markettrends
Detailed PEST/Porter’s Five Forces and SWOT analysis
Spend Management Platform market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments.
Spend Management PlatformIndustry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments.
Detailed company profiles