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The companies provides industry-specific software to a variety of sectors and verticals, develops and provides automated technologies to help make finance and procurement procedures easier and more efficient, and manufactures various software for computers, tablets, servers, and mixed reality.
Epicor Software Corporation: Founded in 1972, with its headquarters in the United States, Epicor provides industry-specific software to a variety of sectors and verticals, such as manufacturing, distribution, retail, and service.
Basware Inc.: Founded in 1985, with its headquarters in Finland, Basware develops and provides automated technologies to help make finance and procurement procedures easier and more efficient.
Zycus Inc.: Founded in 1998, with its headquarters in the United States, Zycus assists businesses in achieving significant cost reductions, risk reduction, and compliance enhancements through its solutions.
Microsoft Corporation: Founded in 1975, with its headquarters in the United States, the company manufactures various software for computers, tablets, servers, and mixed reality, including Internet search, digital services, cloud computing, and software development.
Other global procurement software market key players are Fraxion, GEP, Kissflow Procurement Cloud, Jaggaer, SAP SE, Proactis Holdings Limited., Procurify Technologies Inc., and Ivalua Inc. among others.
Procurement Software Market Size
Procurement Software Market Growth
Procurement Software Market Trends
Procurement Software Market Share
Procurement Software Manufacturers
Procurement Software Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Procurement Software Market Analysis
8.1 Key Industry Highlights
8.2 Global Procurement Software Historical Market (2018-2023)
8.3 Global Procurement Software Market Forecast (2024-2032)
8.4 Global Procurement Software Market by Deployment
8.4.1 On-Premise
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Cloud
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Procurement Software Market by End User
8.5.1 Retail
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Manufacturing
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Transportation and Logistics
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Healthcare
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Food and Beverage
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Procurement Software Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Procurement Software Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Procurement Software Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Procurement Software Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Procurement Software Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Procurement Software Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Fraxion
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 GEP
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Kissflow Procurement Cloud
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Epicor Software Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Jaggaer
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Basware Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 SAP SE
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Proactis Holdings Limited.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Procurify Technologies Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Zycus Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Ivalua Inc.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Microsoft Corporation
15.2.12.1 Company Overview
15.2.12.2 Product Portfolio
15.2.12.3 Demographic Reach and Achievements
15.2.12.4 Certifications
15.2.13 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Procurement Software Market: Key Industry Highlights, 2018 and 2032
2. Global Procurement Software Historical Market: Breakup by Deployment (USD Million), 2018-2023
3. Global Procurement Software Market Forecast: Breakup by Deployment (USD Million), 2024-2032
4. Global Procurement Software Historical Market: Breakup by End User (USD Million), 2018-2023
5. Global Procurement Software Market Forecast: Breakup by End User (USD Million), 2024-2032
6. Global Procurement Software Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Procurement Software Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Procurement Software Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Procurement Software Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Procurement Software Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Procurement Software Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Procurement Software Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Procurement Software Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Procurement Software Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Procurement Software Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Procurement Software Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Procurement Software Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Procurement Software Market Structure
The market was valued at USD 7.41 billion in 2023.
The market is projected to grow at a CAGR of 12.0% between 2024 and 2032.
The revenue generated from the procurement software market is expected to reach USD 20.53 billion in 2032.
The market is categorised according to the end use, which includes retail, manufacturing, transportation and logistics, healthcare, food and beverage, and others.
The market key players are Fraxion, GEP, Kissflow Procurement Cloud, Epicor Software Corporation, Jaggaer, Basware Inc., SAP SE, Proactis Holdings Limited., Procurify Technologies Inc., Zycus Inc., Ivalua Inc., and Microsoft Corporation among others.
Based on the deployment, the market is divided into on-premise and cloud.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
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