Procurement analytics is the process of using quantitative methods to derive actionable insights and outcomes from data. It involves the capture and use of data to support fact based decision making and gaining competitive advantage. The future of the procurement is really big. Procurement Analytics Market is expected to register at a CAGR of +20% during the forecast period of 2019–2026.
This report offers deep-dive analysis on recent market trends and technological aggrandizement that impact growth in the Market, and the Market is thriving by Major Players are:
Other Prominent Vendors:
- Coupa Software
BRIDGEi2i Analytics, JAGGAER, Rosslyn Data Technologies, Genpact, Tamr, Simfoni, BirchStreet, Proactis, Sievo
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The recently released report by Report Consultant titled as Global Procurement Analytics Market is a detailed analogy that gives readers an insight into intricacies of several elements like growth rate, technological developments, and impact of socio-economic conditions that affect the market space. An in-depth study of these numerous components is essential as all these aspects need to blend-in seamlessly for Market to achieve success in this industry.
Market Segmentation by components:
Market Segmentation by Application:
Market Segmentation by Organization Size:
Market Segmentation by deployment type:
Market Segmentation by Verticals:
- Supply Chain Analytics
- Risk Analytics
- Spend Analytics
- Demand Forecasting
- Contract Management
- Vendor Management
- Banking, Financial Services, and Insurance
- Government and Defense
- Retail and eCommerce
- Healthcare and Lifesciences
- Telecom and IT
- Energy and Utilities
- Manufacturing and
- Others (Media and Entertainment, Transportation and Logistics, Real Estate and Construction, and Education)
Geographically, a well-developed infrastructure of the global Procurement Analytics Market, its awareness, regulatory framework are some of the factors that are driving the North Americans, Europe, Asia-Pacific, Middle East & Africans, and Latin Americans global market.
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Researchers shed light on the latest advancements in technologies and some standard operating procedures which helps to enhance the performance of the Procurement Analytics Market. Furthermore, it offers a detailed description of sales approaches and new online sales patterns. It offers an active assessment of global competitors across the world. Different case studies from various business experts or industry experts are also comprised in the report.
Key highlights of the global Procurement Analytics Market for the forecast years 2019-2026:
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- Procurement Analytics Market report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
Industry analysis tools such as SWOT and Porter’s five techniques have been used for analyzing the global Procurement Analytics Market. Moreover, development plans and policies are also presented in the report. For a stronger and effective outlook of the global market, this report has been elucidated with info-graphics. Additionally, it offers an investigation of global market pilots.
In This Study, The Years Considered to Estimate the Size of Procurement Analytics Market Are As Follows:
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- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2026