Procurement management software is a computer program that automates materials purchasing and maintaining inventory. It essentially does several jobs at once while maintaining accuracy in all. Just a few of its responsibilities include generating purchase orders, implementing the process of ordering, matching invoices to delivered materials, and making payment for the bills electronically.
Procurement management software can help automate the entire requisition and procurement process, compare proposals, track vendor performance, reduce un-managed spend, gain real-time visibility and control, and deliver a strong, demonstrable ROI across your entire organization. When integrated with your ERP solution, your organization’s purchasing data is transmitted quickly, and is instantly available on financial and operational reports.
According to this study, over the next five years the Procurement Management Software market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Procurement Management Software business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Procurement Management Software market by product type, application, key companies and key regions.
This study considers the Procurement Management Software value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Cloud-based
Web-based
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Large Companies and Multinational Enterprises
Small and Medium-sized Companies
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Tradogram
Promena
Officewise
GEP
NybSys
Empronc Solutions Pvt
Oracle
Comindware
Coupa
PurchaseControl
Bellwether
Procurify
ProjecTools
Paramount WorkPlace
MercuryGate International Inc
Agilyx New Zealand
Aufait
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Procurement Management Software market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Procurement Management Software market by identifying its various subsegments.
Focuses on the key global Procurement Management Software players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Procurement Management Software with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Procurement Management Software submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Procurement Management Software Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Procurement Management Software Market Size 2014-2024
2.1.2 Procurement Management Software Market Size CAGR by Region
2.2 Procurement Management Software Segment by Type
2.2.1 Cloud-based
2.2.2 Web-based
2.2.3 Others
2.3 Procurement Management Software Market Size by Type
2.3.1 Global Procurement Management Software Market Size Market Share by Type (2014-2019)
2.3.2 Global Procurement Management Software Market Size Growth Rate by Type (2014-2019)
2.4 Procurement Management Software Segment by Application
2.4.1 Large Companies and Multinational Enterprises
2.4.2 Small and Medium-sized Companies
2.4.3 Others
2.5 Procurement Management Software Market Size by Application
2.5.1 Global Procurement Management Software Market Size Market Share by Application (2014-2019)
2.5.2 Global Procurement Management Software Market Size Growth Rate by Application (2014-2019)
3 Global Procurement Management Software by Players
3.1 Global Procurement Management Software Market Size Market Share by Players
3.1.1 Global Procurement Management Software Market Size by Players (2017-2019)
3.1.2 Global Procurement Management Software Market Size Market Share by Players (2017-2019)
3.2 Global Procurement Management Software Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Procurement Management Software by Regions
4.1 Procurement Management Software Market Size by Regions
4.2 Americas Procurement Management Software Market Size Growth
4.3 APAC Procurement Management Software Market Size Growth
4.4 Europe Procurement Management Software Market Size Growth
4.5 Middle East & Africa Procurement Management Software Market Size Growth
5 Americas
5.1 Americas Procurement Management Software Market Size by Countries
5.2 Americas Procurement Management Software Market Size by Type
5.3 Americas Procurement Management Software Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Procurement Management Software Market Size by Countries
6.2 APAC Procurement Management Software Market Size by Type
6.3 APAC Procurement Management Software Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Procurement Management Software by Countries
7.2 Europe Procurement Management Software Market Size by Type
7.3 Europe Procurement Management Software Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Procurement Management Software by Countries
8.2 Middle East & Africa Procurement Management Software Market Size by Type
8.3 Middle East & Africa Procurement Management Software Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Procurement Management Software Market Forecast
10.1 Global Procurement Management Software Market Size Forecast (2019-2024)
10.2 Global Procurement Management Software Forecast by Regions
10.2.1 Global Procurement Management Software Forecast by Regions (2019-2024)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Procurement Management Software Forecast by Type
10.8 Global Procurement Management Software Forecast by Application
11 Key Players Analysis
11.1 Tradogram
11.1.1 Company Details
11.1.2 Procurement Management Software Product Offered
11.1.3 Tradogram Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Tradogram News
11.2 Promena
11.2.1 Company Details
11.2.2 Procurement Management Software Product Offered
11.2.3 Promena Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 Promena News
11.3 Officewise
11.3.1 Company Details
11.3.2 Procurement Management Software Product Offered
11.3.3 Officewise Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 Officewise News
11.4 GEP
11.4.1 Company Details
11.4.2 Procurement Management Software Product Offered
11.4.3 GEP Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 GEP News
11.5 NybSys
11.5.1 Company Details
11.5.2 Procurement Management Software Product Offered
11.5.3 NybSys Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 NybSys News
11.6 Empronc Solutions Pvt
11.6.1 Company Details
11.6.2 Procurement Management Software Product Offered
11.6.3 Empronc Solutions Pvt Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 Empronc Solutions Pvt News
11.7 Oracle
11.7.1 Company Details
11.7.2 Procurement Management Software Product Offered
11.7.3 Oracle Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 Oracle News
11.8 Comindware
11.8.1 Company Details
11.8.2 Procurement Management Software Product Offered
11.8.3 Comindware Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 Comindware News
11.9 Coupa
11.9.1 Company Details
11.9.2 Procurement Management Software Product Offered
11.9.3 Coupa Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 Coupa News
11.10 PurchaseControl
11.10.1 Company Details
11.10.2 Procurement Management Software Product Offered
11.10.3 PurchaseControl Procurement Management Software Revenue, Gross Margin and Market Share (2017-2019)
11.10.4 Main Business Overview
11.10.5 PurchaseControl News
11.11 Bellwether
11.12 Procurify
11.13 ProjecTools
11.14 Paramount WorkPlace
11.15 MercuryGate International Inc
11.16 Agilyx New Zealand
11.17 Aufait
12 Research Findings and Conclusion
List of Tables and Figures
Table Product Specifications of Procurement Management Software
Figure Procurement Management Software Report Years Considered
Figure Market Research Methodolog