What is the current Spend Analytics Market size?

The Spend Analytics Market is projected to register a CAGR of 17.90% during the forecast period (2024-2029) Read More

Who are the key players in Spend Analytics Market?

IBM Corporation, SAS Institute, Inc., JAGGAER Incorporation, SAP SE and Coupa Software are the major companies operating in the Spend Analytics Market. Read More

Which is the fastest growing region in Spend Analytics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Spend Analytics Market?

In 2024, the North America accounts for the largest market share in Spend Analytics Market. Read More

What years does this Spend Analytics Market cover?

The report covers the Spend Analytics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Spend Analytics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Spend Analytics Market - Report, Companies, Industry Share & Size

Spend Analytics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Market Report Covers Global Spend Analysis Companies and is Segmented by Type (Software, Service), Deployment (On-Premises, Cloud), Analysis (Descriptive, Prescriptive, Predictive), End-user Industry (Manufacturing, Supply Chain and logistics, Retail, BFSI, IT & Telecommunication, Education, Healthcare), and Geography.

Spend Analytics Industry Overview

The spend analytics market is fragmented in nature, as no single vendor dominates the market, as well as new emerging players, are thriving in intense rivalry. These players aim to gain an edge over the other players through innovative product development by investing in research and development and player acquisitions. Key players are IBM Corporation, SAS Institute Inc., JAGGAER Incorporation, etc. Recent developments in the market are -

April 2022 - SAS and Microsoft could collaborate to create deep technological integrations to make advanced health analytics more accessible to healthcare and life science enterprises. The collaboration could improve healthcare interoperability by facilitating the adoption of Fast Healthcare Interoperability Resources (FHIR) standards and integrating Azure Health Data Services with SAS Health on Azure.
January 2022 - SAP SE and Icertis announced expanding their partnership for improved contract management, helping companies increase efficiency, minimize risk, and realize the whole purpose of their agreements. The partnership could include a financial investment from SAP in Icertis. It is expected to lead to a joint product roadmap and deeper technological integration to help deliver enterprise-wide value, including greater compliance, faster negotiations, and AI-powered business insights and automation.