The multinational Procurement Analytics Software market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Procurement analytics is a software tool that offers quantitative methods to derive actionable insights and outcomes from datasets. The procurement analytics provide comprehensive information about the historical data, and with the help of predictive analytical tools enables enterprises to forecast future trends. These quantitative data allows enterprises with data-driven decision-making to gain a competitive advantage in the market. Moreover, implementing analytics in the procurement process, allows enterprises to achieve better visibility and control over expenses.
In the global Procurement Analytics Software market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
IBM
SAP
Oracle
Tamr
Zycus
SAS Institute
Accenture
GEP
Genpact
Sievo
Dataction
Tungsten Corporation
Rosslyn Data Technologies
BirchStreet
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Cloud-based
On-premise
In market segmentation by applications :
BFSI
Healthcare and Life Sciences
IT & Telecom
Retail & E-Commerce
Energy And Utilities
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Procurement Analytics Software market for the forecast period 2020 - 2025?
• What are the driving forces in the Procurement Analytics Software market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Procurement Analytics Software industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?