
Vendor Management Software Market by Software (Procurement & Sourcing Software, Vendor Analytics & Reporting Software, Vendor Contract Management Software), Deployment Type (Cloud-Based, On-Premises), Enterprise Size, End-User - Global Forecast 2024-2030
Description
Vendor Management Software Market by Software (Procurement & Sourcing Software, Vendor Analytics & Reporting Software, Vendor Contract Management Software), Deployment Type (Cloud-Based, On-Premises), Enterprise Size, End-User - Global Forecast 2024-2030
The Vendor Management Software Market size was estimated at USD 7.84 billion in 2023 and expected to reach USD 8.83 billion in 2024, at a CAGR 12.96% to reach USD 18.42 billion by 2030.
Global Vendor Management Software Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Vendor Management Software Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Vendor Management Software Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Vendor Management Software Market, highlighting leading vendors and their innovative profiles. These include 360factors, Inc., Avaali Solutions Pvt Ltd., Bentley Systems, Inc., Corcentric, Inc., Coupa Software Inc., Deskera US Inc., eSellerHub, Freshworks Inc., Gatekeeper, GEP, HICX Solutions, Ingram Micro, Inc., Intelex Technologies Inc., International Business Machines Corporation, Ivalua Inc., LogicManager, Inc., Mailchimp, MasterControl, Inc., MetricStream Inc., Ncontracts LLC, Proactis Holdings PLC, Quantivate, LLC, SalesWarp, SAP SE, and TYASuite Software Solutions Pvt. Ltd..
Market Segmentation & Coverage
This research report categorizes the Vendor Management Software Market to forecast the revenues and analyze trends in each of the following sub-markets:
Software
Procurement & Sourcing Software
Vendor Analytics & Reporting Software
Vendor Contract Management Software
Vendor Information Management Software
Vendor Onboarding & Compliance Software
Vendor Performance Management Software
Vendor Relationship Management Software
Vendor Risk Management Software
Deployment Type
Cloud-Based
On-Premises
Enterprise Size
Large Enterprises
Small & Medium Enterprises
End-User
Banking, Financial Services & Insurance
Energy & Utilities
Government
Healthcare
IT & Telecommunications
Manufacturing
Retail & Consumer Goods
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Vendor Management Software Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Vendor Management Software Market?
3. What are the technology trends and regulatory frameworks in the Vendor Management Software Market?
4. What is the market share of the leading vendors in the Vendor Management Software Market?
5. Which modes and strategic moves are suitable for entering the Vendor Management Software Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
199 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Vendor Management Software Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rapid shift toward the modernization of vendor management procedures
- 5.1.1.2. Increasing demand for data-driven insights into vendor performance to optimize vendor selection
- 5.1.1.3. Surging globalization and growing demand for effective management of diverse vendor relationships
- 5.1.2. Restraints
- 5.1.2.1. High implementation cost and integration issues
- 5.1.3. Opportunities
- 5.1.3.1. Integration of automation features in vendor management software
- 5.1.3.2. Emergence of blockchain-based vendor management systems
- 5.1.4. Challenges
- 5.1.4.1. Concerns associated with data privacy and data security
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Vendor Management Software Market, by Software
- 6.1. Introduction
- 6.2. Procurement & Sourcing Software
- 6.3. Vendor Analytics & Reporting Software
- 6.4. Vendor Contract Management Software
- 6.5. Vendor Information Management Software
- 6.6. Vendor Onboarding & Compliance Software
- 6.7. Vendor Performance Management Software
- 6.8. Vendor Relationship Management Software
- 6.9. Vendor Risk Management Software
- 7. Vendor Management Software Market, by Deployment Type
- 7.1. Introduction
- 7.2. Cloud-Based
- 7.3. On-Premises
- 8. Vendor Management Software Market, by Enterprise Size
- 8.1. Introduction
- 8.2. Large Enterprises
- 8.3. Small & Medium Enterprises
- 9. Vendor Management Software Market, by End-User
- 9.1. Introduction
- 9.2. Banking, Financial Services & Insurance
- 9.3. Energy & Utilities
- 9.4. Government
- 9.5. Healthcare
- 9.6. IT & Telecommunications
- 9.7. Manufacturing
- 9.8. Retail & Consumer Goods
- 10. Americas Vendor Management Software Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Vendor Management Software Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Vendor Management Software Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. 360factors, Inc.
- 14.1.2. Avaali Solutions Pvt Ltd.
- 14.1.3. Bentley Systems, Inc.
- 14.1.4. Corcentric, Inc.
- 14.1.5. Coupa Software Inc.
- 14.1.6. Deskera US Inc.
- 14.1.7. eSellerHub
- 14.1.8. Freshworks Inc.
- 14.1.9. Gatekeeper
- 14.1.10. GEP
- 14.1.11. HICX Solutions
- 14.1.12. Ingram Micro, Inc.
- 14.1.13. Intelex Technologies Inc.
- 14.1.14. International Business Machines Corporation
- 14.1.15. Ivalua Inc.
- 14.1.16. LogicManager, Inc.
- 14.1.17. Mailchimp
- 14.1.18. MasterControl, Inc.
- 14.1.19. MetricStream Inc.
- 14.1.20. Ncontracts LLC
- 14.1.21. Proactis Holdings PLC
- 14.1.22. Quantivate, LLC
- 14.1.23. SalesWarp
- 14.1.24. SAP SE
- 14.1.25. TYASuite Software Solutions Pvt. Ltd.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. VENDOR MANAGEMENT SOFTWARE MARKET RESEARCH PROCESS
- FIGURE 2. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, 2023 VS 2030
- FIGURE 3. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. VENDOR MANAGEMENT SOFTWARE MARKET DYNAMICS
- FIGURE 7. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY SOFTWARE, 2023 VS 2030 (%)
- FIGURE 8. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY SOFTWARE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2030 (%)
- FIGURE 10. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY ENTERPRISE SIZE, 2023 VS 2030 (%)
- FIGURE 12. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY ENTERPRISE SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 14. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. VENDOR MANAGEMENT SOFTWARE MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. VENDOR MANAGEMENT SOFTWARE MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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