A market research analysis and estimations carried out in this Global Procurement Analytics Market report aids businesses in gaining knowledge about what is already there in the market, what market looks forward to, the competitive background and steps to be followed for outdoing the rivals. Competitive landscape analysis is performed based on the prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, applications in global Procurement Analytics market considering the past, present and future state of the industry. The Procurement Analytics market underlines the global key manufacturers, to define, describe and analyze the market competition landscape with the help of SWOT analysis.
To achieve success in the competition of global market place, going for this global Procurement Analytics market research report is the key. The report strategically analyses the growth trends and future prospects. Moreover, this Procurement Analytics market report also provides strategic profiling of top players in the Information and Communication Technology industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. Further, it presents the company profile, product specifications, production value, contact information of manufacturer and market shares for company. The report identifies and analyses the emerging trends along with key drivers, challenges and opportunities in the Information and Communication Technology industry.
Market Analysis: Global Procurement Analytics Market
Global Procurement Analytics Market is expected to rise from its initial estimated value of USD 1.67 billion in 2018 to an estimated value of USD 7.38 billion by 2026, registering a CAGR of 20.42% in the forecast period of 2019-2026. Increasing demand for cloud based analytical solutions is driving the market.
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Major Market Competitors/Players
SAP SE, Oracle, SAS Institute Inc, Coupa Software Inc., BRIDGEi2i Analytics Solutions, Rosslyn Analytics, JAGGAER, Zycus Inc, Genpact, roactis Holdings Plc, BirchStreet Systems Inc., Tamr, Sievo, Tungsten Corporation plc., Dataction, Proactis Holdings Plc.
Key Developments in the Market:
In October 2018, Sievo announced the launch of their new Dynamic Benchmarking solution which is specially designed to help the procurement organization to observe category performance, critical financial metrics and peer benchmarks. The main aim is to help the business to analyse their performance and check where they are falling behind. This solution will help them to be more efficient & intelligent so that they can create more revenue.
In October 2018, Mintec announced the launch of their procurement platform which is equipped by Robotic Process Automation whose main aim is to change the relationship between the buyers and sellers. This platform is specially designed to provide information about the key drivers, weather patterns, events etc. which is affecting the price.
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Procurement Analytics Market Landscape
Part 04: Global Procurement Analytics Market Sizing
Part 05: Global Procurement Analytics Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
And More…..Get Detailed TOC | At https://databridgemarketresearch.com/toc/?dbmr=global-procurement-analytics-market
Rising demand for cloud based analytical solutions is driving the growth of this market
Increasing focus on augmenting the ability of procurement channels is driving the market
Lack trained and skilled analytical professionals is restraining the growth of this market
Increasing awareness towards data security is another factor restraining market
Global procurement analytics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of procurement analytics market for global, Europe, North America, Asia-Pacific and South America.
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Segmentation: Global Procurement Analytics Market
- Professional Services
- Training and Education
- Support and Maintenance
- Integration and Deployment
- Managed Services
By Application Area
- Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting Contract Management, Vendor Management
By Deployment Type
- Cloud, On- Premises
By Organization Type
- Small and Medium-Sized Enterprises, Large Enterprises
- Retail and eCommerce, Manufacturing, Government and Defense, Healthcare and Life Sciences, Telecom and IT, Energy and Utilities, Banking, Financial Services, and Insurance, Others
- North America, South America, Europe, Asia-Pacific, Middle East and Africa
Customization of the Report: Global Procurement Analytics market report can be customized to meet the client’s requirements. Please connect with us (email@example.com), we will ensure that you get a report that suits your needs.
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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