Global Spend Analytics Market

Market Overview:
The Global Spend Analytics Market was valued at USD 1.21 billion in 2016 and is projected to reach USD 5.33 billion by 2025, growing at a CAGR of 17.86% from 2017 to 2025.

Spend analytics is the process of collecting, cleansing, classifying and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring compliance. It can also be used in other areas of business such as inventory management, budgeting and planning, and product development. Spend analytics solution can benefit the organization in several ways including - identify savings opportunities, drive policy and contract compliance, create an auditable record of enterprise spend, and ensures best practice helping in continuous improvements in sourcing and vendor management.

Sample Infographics:




Market Dynamics:
1. Market Drivers
1.1 Increasing use of mobile applications
1.2 Increasing demand for cloud computing technology
1.3 Increasing need for better management of internal compliance policies and external contracts
1.4 Rising need for suppliers and market intelligence
1.5 Growing demand for predictive analytics for business
2. Market Restraints
2.1 Increasing number of data sources
2.2 No standardized process
2.3 Complexities related to migrate from legacy systems

Market Segmentation:
The Global Spend Analytics Market is segmented on the analytics type, business function, organization size, component, deployment model, application, vertical, and region.

1. By Analytics Type:
1.1 Descriptive
1.2 Predictive
1.3 Prescriptive

2. By Business Function:
2.1 Information Technology
2.2 Finance
2.3 Procurement
2.4 Marketing

3. Organization Size:
3.1 Large Enterprises
3.2 Small and Medium Organizations

4. By Component:
4.1 Software
4.2 Services
4.2.1 Managed services
4.2.2 Professional services
4.2.2.1 Support and maintenance services
4.2.2.2 Consulting services

5. By Deployment Mode:
5.1 Cloud-based
5.2 On-premises

6. By Application:
6.1 Financial management
6.2 Demand and supply forecasting
6.3 Risk management
6.4 Supplier sourcing and performance management
6.5 Governance and compliance management

7. By Vertical:
7.1 Healthcare
7.2 Government and Defense
7.3 IT and Telecom
7.4 Banking, Financial Services, and Insurance (BFSI)
7.5 Energy and Utilities
7.6 Retail and e-commerce
7.7 Manufacturing
7.8 Others

8. By Region:
8.1 North America (U.S., Canada, Mexico)
8.2 Europe (Germany, UK, France, Rest of Europe)
8.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
8.4 Latin America (Brazil, Argentina, Rest of Latin America)
8.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. IBM Corporation
2. SAP
3. Coupa Software
4. Bravosolution
5. SAS Institute
6. Oracle
7. Zycus
8. Ivalua
9. Rosslyn Data Technologies
10. Jaggaer
11. Empronc Solutions
12. Proactis

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Spend Analytics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team
INTRODUCTION OF GLOBAL SPEND ANALYTICS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL SPEND ANALYTICS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL SPEND ANALYTICS MARKET BY ANALYTICS TYPE
5.1 Descriptive
5.2 Predictive
5.3 Prescriptive

6 GLOBAL SPEND ANALYTICS MARKET BY BUSINESS FUNCTION
6.1 Information Technology
6.2 Finance
6.3 Procurement
6.4 Marketing

7 GLOBAL SPEND ANALYTICS MARKET BY ORGANIZATION SIZE
7.1 Large Enterprises
7.2 Small and Medium Organizations

8 GLOBAL SPEND ANALYTICS MARKET BY COMPONENT
8.1 Software
8.2 Services
8.2.1 Managed services
8.2.2 Professional services
8.2.2.1 Support and maintenance services
8.2.2.2 Consulting services

9 GLOBAL SPEND ANALYTICS MARKET BY DEPLOYMENT MODE
9.1 Cloud-based
9.2 On-premises

10 GLOBAL SPEND ANALYTICS MARKET BY APPLICATION
10.1 Financial management
10.2 Demand and supply forecasting
10.3 Risk management
10.4 Supplier sourcing and performance management
10.5 Governance and compliance management

11 GLOBAL SPEND ANALYTICS MARKET BY VERTICAL
11.1 Healthcare
11.2 Government and Defense
11.3 IT and Telecom
11.4 Banking, Financial Services, and Insurance (BFSI)
11.5 Energy and Utilities
11.6 Retail and e-commerce
11.7 Manufacturing
11.8 Others

12 GLOBAL SPEND ANALYTICS MARKET , BY GEOGRAPHY
12.1 Overview
12.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
12.2.1 U.S.
12.2.2 Canada
12.2.3 Mexico
12.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
12.3.1 Germany
12.3.2 U.K.
12.3.3 France
12.3.4 Rest of Europe
12.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 Rest of Asia Pacific
12.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
12.5.1 Brazil
12.5.2 Argentina
12.6 Rest of the World Regional Market Estimates and Forecasts, 2012 â€" 2025

13 GLOBAL SPEND ANALYTICS MARKET COMPETITIVE LANDSCAPE
13.1 Overview
13.2 Company Market Share
13.3 Vendor Landscape
13.4 Key Development Strategies

14 COMPANY PROFILES
14.1 IBM Corporation
14.1.1 Overview
14.1.2 Financial Performance
14.1.3 Product Outlook
14.1.4 Key Developments

14.2 SAP
14.2.1 Overview
14.2.2 Financial Performance
14.2.3 Product Outlook
14.2.4 Key Developments

14.3 Coupa Software
14.3.1 Overview
14.3.2 Financial Performance
14.3.3 Product Outlook
14.3.4 Key Developments

14.4 Bravosolution
14.4.1 Overview
14.4.2 Financial Performance
14.4.3 Product Outlook
14.4.4 Key Developments

14.5 SAS Institute
14.5.1 Overview
14.5.2 Financial Performance
14.5.3 Product Outlook
14.5.4 Key Developments

14.6 Oracle
14.6.1 Overview
14.6.2 Financial Performance
14.6.3 Product Outlook
14.6.4 Key Developments

14.7 Zycus
14.7.1 Overview
14.7.2 Financial Performance
14.7.3 Product Outlook
14.7.4 Key Developments

14.8 Ivalua
14.8.1 Overview
14.8.2 Financial Performance
14.8.3 Product Outlook
14.8.4 Key Developments

14.9 Rosslyn Data Technologies
14.9.1 Overview
14.9.2 Financial Performance
14.9.3 Product Outlook
14.9.4 Key Developments

14.10 Jaggaer
14.10.1 Overview
14.10.2 Financial Performance
14.10.3 Product Outlook
14.10.4 Key Developments

14.11 Empronc Solutions
14.11.1 Overview
14.11.2 Financial Performance
14.11.3 Product Outlook
14.11.4 Key Developments

14.12 Proactis
14.12.1 Overview
14.12.2 Financial Performance
14.12.3 Product Outlook
14.12.4 Key Developments

15 Appendix
15.1 Related Reports

Global Workforce Analytics Market Research Report 2019-2023

Published Date : Jul 2019

Workforce analytics enables the control and management of various aspects of workforce management and helps maintain employees' details from the date of joining to the date of retirement. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influenc...

Global IoT Analytics Market Research Report 2019-2023

Published Date : Jul 2019

Internet of things (IoT) analytics helps user by auto-generating operative and functional data with generation of intelligent analytics. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. IoT Analytics Report by Material,...

Global Predictive Analytics Market Research Report 2019-2023

Published Date : Jun 2019

Predictive analytics encompasses a variety of statistical techniques from data mining, predictive modelling, and machine learning, that analyze current and historical facts to make predictions about future or otherwise unknown events. In the context of China-US trade war and global economic volatili...

Global Network Traffic Analytics Market Research Report 2019-2023

Published Date : Jun 2019

Network Traffic Analytics assist in managing cybersecurity throughout the product's lifecycle by building a vigorous security strategy, identifying & evaluating threats, finding the network infrastructure vulnerabilities, and strengthening the security architecture. In the context of China-US trade ...

Global Speech Analytics Market Research Report 2019-2023

Published Date : Jun 2019

Speech analysis technology refers to the transformation of unstructured speech information into a structured index through core technologies. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Speech Analytics Report by M...

GLOBAL CRM ANALYTICS MARKET SIZE AND FORECAST TO 2026

Published Date : Feb 2019

Global CRM Analytics Market Analysis According to Verified Market Research, The Global CRM Analytics Market was valued at USD 6.56 Billion in 2018 and is projected to reach USD 14.46 Billion by 2026, growing at a CAGR of 10.39% from 2019 to 2026. What are CRM Analytics? CRM ...

GLOBAL HEALTHCARE ANALYTICS MARKET SIZE AND FORECAST TO 2026

Published Date : Apr 2019

Global Healthcare Analytics Market Analysis According to Verified Market Research, the Global Healthcare Analytics Market was valued at USD 10.41 Billion in 2018 and is projected to grow at a CAGR of 27.17% to reach USD 71.80 Billion by 2026, over the forecast period. What is Heal...

Global Healthcare Analytics Market Data Survey Report 2013-2025

Published Date : May 2019

Summary The global Healthcare Analytics market will reach xxx Million USD in 2019 with CAGR xx% 2019-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers profile, products ...

Global Financial Analytics Market Data Survey Report 2013-2025

Published Date : May 2019

Summary The global Financial Analytics market will reach xxx Million USD in 2019 with CAGR xx% 2019-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers profile, products &...

Global Network Analytics Market Report 2019 - History, Present and Future

Published Date : Mar 2019

The global market size of Network Analytics is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024. Global Network Analytics Market Report 2019 - Market Size, Share, Price, Trend and Forecast...

 

Select License :

  • Single User : $3950
  • Multiple User : $4750
  • Corporate User : $6750

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.