Procurement Software Market - Global Outlook and Forecast 2022-2028

March 2022 | 102 pages | ID: PB473483BC83EN
Market Monitor Global

Abstracts

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)

Global top five companies in 2021 (%)

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.

MARKET MONITOR GLOBAL, INC (MMG) has 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

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Procurement Software Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Procurement Software Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL PROCUREMENT SOFTWARE OVERALL MARKET SIZE

2.1 Global Procurement Software Market Size: 2021 VS 2028
2.2 Global Procurement Software Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Procurement Software Players in Global Market
3.2 Top Global Procurement Software Companies Ranked by Revenue
3.3 Global Procurement Software Revenue by Companies
3.4 Top 3 and Top 5 Procurement Software Companies in Global Market, by Revenue in 2021
3.5 Global Companies Procurement Software Product Type
3.6 Tier 1, Tier 2 and Tier 3 Procurement Software Players in Global Market
  3.6.1 List of Global Tier 1 Procurement Software Companies
  3.6.2 List of Global Tier 2 and Tier 3 Procurement Software Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Procurement Software Market Size Markets, 2021 & 2028
  4.1.2 Cloud
  4.1.3 On-premises
4.2 By Type - Global Procurement Software Revenue & Forecasts
  4.2.1 By Type - Global Procurement Software Revenue, 2017-2022
  4.2.2 By Type - Global Procurement Software Revenue, 2023-2028
  4.2.3 By Type - Global Procurement Software Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Procurement Software Market Size, 2021 & 2028
  5.1.2 The School
  5.1.3 The Factory
  5.1.4 The Hospital
  5.1.5 The Supermarket
  5.1.6 Other
5.2 By Application - Global Procurement Software Revenue & Forecasts
  5.2.1 By Application - Global Procurement Software Revenue, 2017-2022
  5.2.2 By Application - Global Procurement Software Revenue, 2023-2028
  5.2.3 By Application - Global Procurement Software Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Procurement Software Market Size, 2021 & 2028
6.2 By Region - Global Procurement Software Revenue & Forecasts
  6.2.1 By Region - Global Procurement Software Revenue, 2017-2022
  6.2.2 By Region - Global Procurement Software Revenue, 2023-2028
  6.2.3 By Region - Global Procurement Software Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Procurement Software Revenue, 2017-2028
  6.3.2 US Procurement Software Market Size, 2017-2028
  6.3.3 Canada Procurement Software Market Size, 2017-2028
  6.3.4 Mexico Procurement Software Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Procurement Software Revenue, 2017-2028
  6.4.2 Germany Procurement Software Market Size, 2017-2028
  6.4.3 France Procurement Software Market Size, 2017-2028
  6.4.4 U.K. Procurement Software Market Size, 2017-2028
  6.4.5 Italy Procurement Software Market Size, 2017-2028
  6.4.6 Russia Procurement Software Market Size, 2017-2028
  6.4.7 Nordic Countries Procurement Software Market Size, 2017-2028
  6.4.8 Benelux Procurement Software Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Procurement Software Revenue, 2017-2028
  6.5.2 China Procurement Software Market Size, 2017-2028
  6.5.3 Japan Procurement Software Market Size, 2017-2028
  6.5.4 South Korea Procurement Software Market Size, 2017-2028
  6.5.5 Southeast Asia Procurement Software Market Size, 2017-2028
  6.5.6 India Procurement Software Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Procurement Software Revenue, 2017-2028
  6.6.2 Brazil Procurement Software Market Size, 2017-2028
  6.6.3 Argentina Procurement Software Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Procurement Software Revenue, 2017-2028
  6.7.2 Turkey Procurement Software Market Size, 2017-2028
  6.7.3 Israel Procurement Software Market Size, 2017-2028
  6.7.4 Saudi Arabia Procurement Software Market Size, 2017-2028
  6.7.5 UAE Procurement Software Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Basware
  7.1.1 Basware Corporate Summary
  7.1.2 Basware Business Overview
  7.1.3 Basware Procurement Software Major Product Offerings
  7.1.4 Basware Procurement Software Revenue in Global Market (2017-2022)
  7.1.5 Basware Key News
7.2 IBM
  7.2.1 IBM Corporate Summary
  7.2.2 IBM Business Overview
  7.2.3 IBM Procurement Software Major Product Offerings
  7.2.4 IBM Procurement Software Revenue in Global Market (2017-2022)
  7.2.5 IBM Key News
7.3 Oracle
  7.3.1 Oracle Corporate Summary
  7.3.2 Oracle Business Overview
  7.3.3 Oracle Procurement Software Major Product Offerings
  7.3.4 Oracle Procurement Software Revenue in Global Market (2017-2022)
  7.3.5 Oracle Key News
7.4 PROACTIS
  7.4.1 PROACTIS Corporate Summary
  7.4.2 PROACTIS Business Overview
  7.4.3 PROACTIS Procurement Software Major Product Offerings
  7.4.4 PROACTIS Procurement Software Revenue in Global Market (2017-2022)
  7.4.5 PROACTIS Key News
7.5 SAP
  7.5.1 SAP Corporate Summary
  7.5.2 SAP Business Overview
  7.5.3 SAP Procurement Software Major Product Offerings
  7.5.4 SAP Procurement Software Revenue in Global Market (2017-2022)
  7.5.5 SAP Key News
7.6 SciQuest
  7.6.1 SciQuest Corporate Summary
  7.6.2 SciQuest Business Overview
  7.6.3 SciQuest Procurement Software Major Product Offerings
  7.6.4 SciQuest Procurement Software Revenue in Global Market (2017-2022)
  7.6.5 SciQuest Key News
7.7 BravoSolution
  7.7.1 BravoSolution Corporate Summary
  7.7.2 BravoSolution Business Overview
  7.7.3 BravoSolution Procurement Software Major Product Offerings
  7.7.4 BravoSolution Procurement Software Revenue in Global Market (2017-2022)
  7.7.5 BravoSolution Key News
7.8 BuyerQuest
  7.8.1 BuyerQuest Corporate Summary
  7.8.2 BuyerQuest Business Overview
  7.8.3 BuyerQuest Procurement Software Major Product Offerings
  7.8.4 BuyerQuest Procurement Software Revenue in Global Market (2017-2022)
  7.8.5 BuyerQuest Key News
7.9 Coupa Software
  7.9.1 Coupa Software Corporate Summary
  7.9.2 Coupa Software Business Overview
  7.9.3 Coupa Software Procurement Software Major Product Offerings
  7.9.4 Coupa Software Procurement Software Revenue in Global Market (2017-2022)
  7.9.5 Coupa Software Key News
7.10 Elcom
  7.10.1 Elcom Corporate Summary
  7.10.2 Elcom Business Overview
  7.10.3 Elcom Procurement Software Major Product Offerings
  7.10.4 Elcom Procurement Software Revenue in Global Market (2017-2022)
  7.10.5 Elcom Key News
7.11 Epicor
  7.11.1 Epicor Corporate Summary
  7.11.2 Epicor Business Overview
  7.11.3 Epicor Procurement Software Major Product Offerings
  7.11.4 Epicor Procurement Software Revenue in Global Market (2017-2022)
  7.11.5 Epicor Key News
7.12 Infor
  7.12.1 Infor Corporate Summary
  7.12.2 Infor Business Overview
  7.12.3 Infor Procurement Software Major Product Offerings
  7.12.4 Infor Procurement Software Revenue in Global Market (2017-2022)
  7.12.5 Infor Key News
7.13 IQNavigator
  7.13.1 IQNavigator Corporate Summary
  7.13.2 IQNavigator Business Overview
  7.13.3 IQNavigator Procurement Software Major Product Offerings
  7.13.4 IQNavigator Procurement Software Revenue in Global Market (2017-2022)
  7.13.5 IQNavigator Key News
7.14 Ivalua
  7.14.1 Ivalua Corporate Summary
  7.14.2 Ivalua Business Overview
  7.14.3 Ivalua Procurement Software Major Product Offerings
  7.14.4 Ivalua Procurement Software Revenue in Global Market (2017-2022)
  7.14.5 Ivalua Key News
7.15 JDA Software
  7.15.1 JDA Software Corporate Summary
  7.15.2 JDA Software Business Overview
  7.15.3 JDA Software Procurement Software Major Product Offerings
  7.15.4 JDA Software Procurement Software Revenue in Global Market (2017-2022)
  7.15.5 JDA Software Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Procurement Software Market Opportunities & Trends in Global Market
Table 2. Procurement Software Market Drivers in Global Market
Table 3. Procurement Software Market Restraints in Global Market
Table 4. Key Players of Procurement Software in Global Market
Table 5. Top Procurement Software Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Procurement Software Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Procurement Software Revenue Share by Companies, 2017-2022
Table 8. Global Companies Procurement Software Product Type
Table 9. List of Global Tier 1 Procurement Software Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Procurement Software Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Procurement Software Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Procurement Software Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Procurement Software Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Procurement Software Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Procurement Software Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Procurement Software Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Procurement Software Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Procurement Software Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Procurement Software Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Procurement Software Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Procurement Software Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Procurement Software Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Procurement Software Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Procurement Software Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Procurement Software Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Procurement Software Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Procurement Software Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Procurement Software Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Procurement Software Revenue, (US$, Mn), 2023-2028
Table 30. Basware Corporate Summary
Table 31. Basware Procurement Software Product Offerings
Table 32. Basware Procurement Software Revenue (US$, Mn), (2017-2022)
Table 33. IBM Corporate Summary
Table 34. IBM Procurement Software Product Offerings
Table 35. IBM Procurement Software Revenue (US$, Mn), (2017-2022)
Table 36. Oracle Corporate Summary
Table 37. Oracle Procurement Software Product Offerings
Table 38. Oracle Procurement Software Revenue (US$, Mn), (2017-2022)
Table 39. PROACTIS Corporate Summary
Table 40. PROACTIS Procurement Software Product Offerings
Table 41. PROACTIS Procurement Software Revenue (US$, Mn), (2017-2022)
Table 42. SAP Corporate Summary
Table 43. SAP Procurement Software Product Offerings
Table 44. SAP Procurement Software Revenue (US$, Mn), (2017-2022)
Table 45. SciQuest Corporate Summary
Table 46. SciQuest Procurement Software Product Offerings
Table 47. SciQuest Procurement Software Revenue (US$, Mn), (2017-2022)
Table 48. BravoSolution Corporate Summary
Table 49. BravoSolution Procurement Software Product Offerings
Table 50. BravoSolution Procurement Software Revenue (US$, Mn), (2017-2022)
Table 51. BuyerQuest Corporate Summary
Table 52. BuyerQuest Procurement Software Product Offerings
Table 53. BuyerQuest Procurement Software Revenue (US$, Mn), (2017-2022)
Table 54. Coupa Software Corporate Summary
Table 55. Coupa Software Procurement Software Product Offerings
Table 56. Coupa Software Procurement Software Revenue (US$, Mn), (2017-2022)
Table 57. Elcom Corporate Summary
Table 58. Elcom Procurement Software Product Offerings
Table 59. Elcom Procurement Software Revenue (US$, Mn), (2017-2022)
Table 60. Epicor Corporate Summary
Table 61. Epicor Procurement Software Product Offerings
Table 62. Epicor Procurement Software Revenue (US$, Mn), (2017-2022)
Table 63. Infor Corporate Summary
Table 64. Infor Procurement Software Product Offerings
Table 65. Infor Procurement Software Revenue (US$, Mn), (2017-2022)
Table 66. IQNavigator Corporate Summary
Table 67. IQNavigator Procurement Software Product Offerings
Table 68. IQNavigator Procurement Software Revenue (US$, Mn), (2017-2022)
Table 69. Ivalua Corporate Summary
Table 70. Ivalua Procurement Software Product Offerings
Table 71. Ivalua Procurement Software Revenue (US$, Mn), (2017-2022)
Table 72. JDA Software Corporate Summary
Table 73. JDA Software Procurement Software Product Offerings
Table 74. JDA Software Procurement Software Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Procurement Software Segment by Type in 2021
Figure 2. Procurement Software Segment by Application in 2021
Figure 3. Global Procurement Software Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Procurement Software Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Procurement Software Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Procurement Software Revenue in 2021
Figure 8. By Type - Global Procurement Software Revenue Market Share, 2017-2028
Figure 9. By Application - Global Procurement Software Revenue Market Share, 2017-2028
Figure 10. By Region - Global Procurement Software Revenue Market Share, 2017-2028
Figure 11. By Country - North America Procurement Software Revenue Market Share, 2017-2028
Figure 12. US Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Procurement Software Revenue Market Share, 2017-2028
Figure 16. Germany Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 17. France Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Procurement Software Revenue Market Share, 2017-2028
Figure 24. China Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 28. India Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Procurement Software Revenue Market Share, 2017-2028
Figure 30. Brazil Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Procurement Software Revenue Market Share, 2017-2028
Figure 33. Turkey Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Procurement Software Revenue, (US$, Mn), 2017-2028
Figure 37. Basware Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. IBM Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Oracle Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. PROACTIS Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. SAP Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. SciQuest Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. BravoSolution Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. BuyerQuest Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Coupa Software Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Elcom Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Epicor Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Infor Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. IQNavigator Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 50. Ivalua Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 51. JDA Software Procurement Software Revenue Year Over Year Growth (US$, Mn) & (2017-2022)