What is the current Spend Analytics Software Market size?

The Spend Analytics Software Market is projected to register a CAGR of 18.20% during the forecast period (2024-2029) Read More

Who are the key players in Spend Analytics Software Market?

Capgemini SE, IBM Corporation, SAP SE, Genpact Ltd. and Jaggaer Inc. are the major companies operating in the Spend Analytics Software Market. Read More

Which is the fastest growing region in Spend Analytics Software 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 Software Market?

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

What years does this Spend Analytics Software Market cover?

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

Spend Analytics Software Market - Size, Share & Industry Analysis

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

The report Includes Global Spend Analysis Software and the Market is Segmented by Deployment (On-premise, On-cloud), End-User Industry (Healthcare & Life Sciences, Energy & Utilities, Retail & E-commerce, Banking, Financial Services & Insurance, Manufacturing, IT & Telecommunications), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Spend Analytics Software Industry Overview

The spending analytics software market is moderately competitive and is currently dominated by a few players with technological expertise in data analytics. The global market is expected to be consolidated in nature. The major players with a significant market share are focusing on expanding their customer base across various countries by leveraging product innovation and strategic collaborative initiatives to increase their market share and profitability. Genpact Ltd., Capgemini SE, WNS Global Services Pvt. Ltd., IBM Corporation, SAP SE, Jaggaer Inc., Zycus Inc., Coupa Software Inc., Ivalua Inc., Proactis Inc., GEP Solutions Pvt. Ltd., and Empronc Solutions Pvt. Ltd. are some of the significant players present in the current market.

In August 2022, Archlet, a software company that helps procurement make better sourcing decisions faster, launched. Sievo announced a new collaboration that would enable procurement to strategically manage business spending from spend analysis through sourcing execution and savings monitoring by combining the two major platforms.