Procurement Analytics Market to reach a market size of $4.6 billion by 2024- KBV Research

Press release   •   Jul 01, 2019 16:01 IST

According to a new report Global Procurement Analytics Market, published by KBV research, The Global Procurement Analytics Market size is expected to reach $4.6 billion by 2024, rising at a market growth of 19.6% CAGR during the forecast period.

The North America market would dominate the Global Procurement Analytics Solution Market by Region by 2024, growing at a CAGR of 17% during the forecast period. The Europe market is expected to witness a CAGR of 17.7% during (2018-2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 20.6% during (2018-2024).

The On-Premise market dominated the Global Procurement Analytics Market by Deployment Mode 2017. The Cloud market is expected to witness a CAGR of 22.1% during (2018-2024).

The Retail & Ecommerce market dominated the Global Procurement Analytics Market by End User 2017, growing at a CAGR of 18.2 % during the forecast period. The Healthcare & Life Sciences market is expected to witness a CAGR of 20.8% during (2018-2024). The Energy & Utilities market is expected to witness a CAGR of 22.9% during (2018-2024). Additionally, The Telecom & IT market is expected to witness highest CAGR of 21.2% during (2018-2024).

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Simfoni Analytics Ltd., Proactis Holdings PLC., JAGGAER Inc., Zycus Inc., SAP SE, Oracle Corporation, IBM Corporation, Coupa Software Incorporated, Genpact Limited, and Rosslyn Data Technologies.

Full Report: https://www.kbvresearch.com/procurement-analytics-market/

Global Procurement Analytics Market Segmentation

By Component

  • Solution
  • Services

Integration & Deployment

Training & Consulting

Support & Maintenance

By Organization Size

Large Enterprises

Small & Medium-Sized Enterprises

By Deployment mode

On Premise


By End User

Retail & Ecommerce

Healthcare & Life Sciences

Energy & Utilities

Telecom & IT


Government & Defense


By Geography

North America




Rest of North America








Rest of Europe

Asia Pacific




South Korea



Rest of Asia Pacific





Saudi Arabia

South Africa


Rest of LAMEA

Companies Profiled

Simfoni Analytics Ltd.

Proactis Holdings PLC.


Zycus Inc.


Oracle Corporation

IBM Corporation

Coupa Software Incorporated

Genpact Limited

Rosslyn Data Technologies.

Unique Offerings from KBV Research

Exhaustive coverage

Highest number of market tables and figures

Subscription based model available

Guaranteed best price

Assured post sales research support with 10% customization free

Procurement Analytics Market Related Reports:

North America Procurement Analytics Market

Europe Procurement Analytics Market

Asia Pacific Procurement Analytics Market

LAMEA Procurement Analytics Market

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.