The Business Research Company’s Procurement Analytics Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Procurement Analytics Global Market Report 2023 evaluates procurement analytics market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global procurement analytics market size grew from $4.08 billion in 2022 to $4.88 billion in 2023 at a compound annual growth rate (CAGR) of 19.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The procurement analytics market size is expected to grow to $10.26 billion in 2027 at a CAGR of 20.4%.

The procurement analytics market segments in the report are:
Procurement Analytics Market By Component :
Solutions
Services

Procurement Analytics Market By Deployment Mode :
Cloud
On-Premises

Procurement Analytics Market By End User :
Retail and E-commerce
Manufacturing
Government and Defense
Healthcare and Life Sciences
Telecom and IT
Energy and Utilities
Banking
Financial Services, and Insurance
Other End Users

Procurement Analytics Market By Application :
Supply Chain Analytics
Risk Analytics
Spend Analytics
Demand Forecasting
Contract Management
Vendor Management
Category Management

North America was the largest region in the procurement analytics market in 2022.

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The table of contents in TBRC’s procurement analytics market report includes:
1. Executive Summary
2. Procurement Analytics Market Characteristics
3. Procurement Analytics Market Trends And Strategies
4. Procurement Analytics Market – Macro Economic Scenario
5. Procurement Analytics Market Size And Growth
.....................
26. Africa Procurement Analytics Market
27. Procurement Analytics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Procurement Analytics Market
29. Procurement Analytics Market Future Outlook and Potential Analysis
30. Appendix

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