Global Procurement Analytics Market Research Report by Forecast to 2024

Global Procurement Analytics Market Research Report by Forecast to 2024

Global Procurement Analytics Market Research Report by Forecast to 2024

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Global Procurement Analytics Market Research Report by Forecast to 2024

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Global Procurement Analytics Market Research Report by Forecast to 2024

Summary The global procurement analytics market to demonstrate a compound annual growth rate (CAGR) of 21.4% between 2018 and 2024 reports Market Research Future (MRFR). The market is expected to surpass a valuation of USD 7 Bn by the end of the assessment period. Digital innovation and incessant advances in cloud infrastructure has led to a rise in uptake of data-driven technologies. This has created tremendous application opportunities for analytics. Enterprises are increasingly inclining towards analytics to reduce capital investment and cutdown operation expenditure. Such factors are favouring the growth of the global procurement analytics.

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Global Procurement Analytics Market Research Report by Forecast to 2024

Major Key Players: •

IBM Corporation. (US)

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SAP SE (Germany)

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Oracle Corporation (US)

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Tamr (US)

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Zycus Inc. (US)

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SAS Institute Inc.(US)

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Genpact (UK)

Segmentation: •

On the basis of deployment mode, the market has been segmented into cloud and on-premise.

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By industry vertical, the market has been segmented into financial services and insurance (BFSI), telecom and IT, energy and utilities, banking, retail and e-commerce, healthcare and life sciences and others.

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By organization size, the market has been segmented into large enterprises, and small and medium-sized enterprises (SMEs)

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Global Procurement Analytics Market Research Report by Forecast to 2024

Regional Analysis: The regions covered in the report include Asia Pacific (APAC), Europe, North America, South America and the Middle East and Africa (MEA). In 2018, North America commanded for the leading share of the global procurement analytics market. This trend is likely to continue throughout the assessment period. Europe holds the second position in the global market and expected to maintain its position over 2024.

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Global Procurement Analytics Market Research Report by Forecast to 2024

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