Spend Analytics - Global Market Outlook (2017-2023)
According to Stratistics MRC, the Global Spend Analytics Market is accounted for $1.09 billion in 2016 and is expected to reach $3.54 billion by 2023 growing at a CAGR of 18.3 % during the forecast period. Expanding requirement for supplier and market intelligence and Predictive Analytics for businesses are some drivers which are positively affecting the market. However, trouble in migrating from legacy systems is hindering the market. Developing demand for cloud computing technology is providing the significant growth opportunities for the market.
By analytics type, descriptive analytics segment is projected to grow at a fastest CAGR due to growing appropriation of computerized innovations. By geography, Asia pacific is estimated to grow at a highest CAGR during the forecast period due to increasing machinery cost in countries such as China and India.
Some of the key players in Spend Analytics market include Jaggaer, SAP SE, Oracle Corporation, Proactis, Ivalua Inc., Coupa Software Incorporated, International Business Machines Corporation, Empronc Solutions Pvt. Ltd., Bravosolution SPA, SAS Institute Inc., Zycus Inc., and Rosslyn Data Technologies PLC.
Analytics Types Covered:
• Prescriptive Analytics
• Descriptive Analytics
• Predictive Analytics
Deployment Models Covered:
• Cloud
• On-Premises
Applications Covered:
• Governance and Compliance Management
• Financial Management
• Demand and Supply Forecasting
• Risk Management
• Supplier Sourcing and Performance Management
• Other Applications
Organization Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Businesses
Components Covered:
• Services
Professional Services
Consulting
Managed Services
Support and Maintenance
• Software
End Users Covered:
• Healthcare and Life Sciences
• Energy and Utilities
• Retail and Ecommerce
• Banking, Financial Services, and Insurance
• Manufacturing
• Telecommunications and IT
• Government and Defense
• Other End Users
Business Functions Covered:
• Marketing
• Finance
• Procurement
• Information Technology
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Futuristic Market Scenario
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Spend Analytics Market, By Analytics Type
- 5.1 Introduction
- 5.2 Prescriptive Analytics
- 5.3 Descriptive Analytics
- 5.4 Predictive Analytics
- 6 Global Spend Analytics Market, By Deployment Model
- 6.1 Introduction
- 6.2 Cloud
- 6.3 On-Premises
- 7 Global Spend Analytics Market, By Application
- 7.1 Introduction
- 7.2 Governance and Compliance Management
- 7.3 Financial Management
- 7.4 Demand and Supply Forecasting
- 7.5 Risk Management
- 7.6 Supplier Sourcing and Performance Management
- 7.7 Other Applications
- 8 Global Spend Analytics Market, By Organization Size
- 8.1 Introduction
- 8.2 Large Enterprises
- 8.3 Small and Medium-Sized Businesses
- 9 Global Spend Analytics Market, By Component
- 9.1 Introduction
- 9.2 Services
- 9.2.1 Professional Services
- 9.2.2 Consulting
- 9.2.3 Managed Services
- 9.2.4 Support and Maintenance
- 9.3 Software
- 10 Global Spend Analytics Market, By End User
- 10.1 Introduction
- 10.2 Healthcare and Life Sciences
- 10.3 Energy and Utilities
- 10.4 Retail and Ecommerce
- 10.5 Banking, Financial Services, and Insurance
- 10.6 Manufacturing
- 10.7 Telecommunications and IT
- 10.8 Government and Defense
- 10.9 Other End Users
- 11 Global Spend Analytics Market, By Business Function
- 11.1 Introduction
- 11.2 Marketing
- 11.3 Finance
- 11.4 Procurement
- 11.5 Information Technology
- 12 Global Spend Analytics Market, By Geography
- 12.1 Introduction
- 12.2 North America
- 12.2.1 US
- 12.2.2 Canada
- 12.2.3 Mexico
- 12.3 Europe
- 12.3.1 Germany
- 12.3.2 UK
- 12.3.3 Italy
- 12.3.4 France
- 12.3.5 Spain
- 12.3.6 Rest of Europe
- 12.4 Asia Pacific
- 12.4.1 Japan
- 12.4.2 China
- 12.4.3 India
- 12.4.4 Australia
- 12.4.5 New Zealand
- 12.4.6 South Korea
- 12.4.7 Rest of Asia Pacific
- 12.5 South America
- 12.5.1 Argentina
- 12.5.2 Brazil
- 12.5.3 Chile
- 12.5.4 Rest of South America
- 12.6 Middle East & Africa
- 12.6.1 Saudi Arabia
- 12.6.2 UAE
- 12.6.3 Qatar
- 12.6.4 South Africa
- 12.6.5 Rest of Middle East & Africa
- 13 Key Developments
- 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 13.2 Acquisitions & Mergers
- 13.3 New Product Launch
- 13.4 Expansions
- 13.5 Other Key Strategies
- 14 Company Profiling
- 14.1 Jaggaer
- 14.2 SAP SE
- 14.3 Oracle Corporation
- 14.4 Proactis
- 14.5 Ivalua Inc.
- 14.6 Coupa Software Incorporated
- 14.7 International Business Machines Corporation
- 14.8 Empronc Solutions Pvt. Ltd.
- 14.9 Bravosolution SPA
- 14.10 SAS Institute Inc.
- 14.11 Zycus Inc.
- 14.12 Rosslyn Data Technologies PLC
- List of Tables
- Table 1 Global Spend Analytics Market Outlook, By Region (2014-2023) ($MN)
- Table 2 Global Spend Analytics Market Outlook, By Analytics Type (2014-2023) ($MN)
- Table 3 Global Spend Analytics Market Outlook, By Prescriptive Analytics (2014-2023) ($MN)
- Table 4 Global Spend Analytics Market Outlook, By Descriptive Analytics (2014-2023) ($MN)
- Table 5 Global Spend Analytics Market Outlook, By Predictive Analytics (2014-2023) ($MN)
- Table 6 Global Spend Analytics Market Outlook, By Deployment Model (2014-2023) ($MN)
- Table 7 Global Spend Analytics Market Outlook, By Cloud (2014-2023) ($MN)
- Table 8 Global Spend Analytics Market Outlook, By On-Premises (2014-2023) ($MN)
- Table 9 Global Spend Analytics Market Outlook, By Application (2014-2023) ($MN)
- Table 10 Global Spend Analytics Market Outlook, By Governance and Compliance Management (2014-2023) ($MN)
- Table 11 Global Spend Analytics Market Outlook, By Financial Management (2014-2023) ($MN)
- Table 12 Global Spend Analytics Market Outlook, By Demand and Supply Forecasting (2014-2023) ($MN)
- Table 13 Global Spend Analytics Market Outlook, By Risk Management (2014-2023) ($MN)
- Table 14 Global Spend Analytics Market Outlook, By Supplier Sourcing and Performance Management (2014-2023) ($MN)
- Table 15 Global Spend Analytics Market Outlook, By Other Applications (2014-2023) ($MN)
- Table 16 Global Spend Analytics Market Outlook, By Organization Size (2014-2023) ($MN)
- Table 17 Global Spend Analytics Market Outlook, By Large Enterprises (2014-2023) ($MN)
- Table 18 Global Spend Analytics Market Outlook, By Small and Medium-Sized Businesses (2014-2023) ($MN)
- Table 19 Global Spend Analytics Market Outlook, By Component (2014-2023) ($MN)
- Table 20 Global Spend Analytics Market Outlook, By Services (2014-2023) ($MN)
- Table 21 Global Spend Analytics Market Outlook, By Professional Services (2014-2023) ($MN)
- Table 22 Global Spend Analytics Market Outlook, By Consulting (2014-2023) ($MN)
- Table 23 Global Spend Analytics Market Outlook, By Managed Services (2014-2023) ($MN)
- Table 24 Global Spend Analytics Market Outlook, By Support and Maintenance (2014-2023) ($MN)
- Table 25 Global Spend Analytics Market Outlook, By Software (2014-2023) ($MN)
- Table 26 Global Spend Analytics Market Outlook, By End User (2014-2023) ($MN)
- Table 27 Global Spend Analytics Market Outlook, By Healthcare and Life Sciences (2014-2023) ($MN)
- Table 28 Global Spend Analytics Market Outlook, By Energy and Utilities (2014-2023) ($MN)
- Table 29 Global Spend Analytics Market Outlook, By Retail and Ecommerce (2014-2023) ($MN)
- Table 30 Global Spend Analytics Market Outlook, By Banking, Financial Services, and Insurance (2014-2023) ($MN)
- Table 31 Global Spend Analytics Market Outlook, By Manufacturing (2014-2023) ($MN)
- Table 32 Global Spend Analytics Market Outlook, By Telecommunications and IT (2014-2023) ($MN)
- Table 33 Global Spend Analytics Market Outlook, By Government and Defense (2014-2023) ($MN)
- Table 34 Global Spend Analytics Market Outlook, By Other End Users (2014-2023) ($MN)
- Table 35 Global Spend Analytics Market Outlook, By Business Function (2014-2023) ($MN)
- Table 36 Global Spend Analytics Market Outlook, By Marketing (2014-2023) ($MN)
- Table 37 Global Spend Analytics Market Outlook, By Finance (2014-2023) ($MN)
- Table 38 Global Spend Analytics Market Outlook, By Procurement (2014-2023) ($MN)
- Table 39 Global Spend Analytics Market Outlook, By Information Technology (2014-2023) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above
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