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New report examines the spend analytics market

Industrial Market Research

the Global Spend Analytics Market is accounted for $1.09 billion in 2016 and is expected to reach $3.54 billion by 2023 growing at a CAGR of 18.3 % during the forecast period. Expanding requirement for supplier and market intelligence and Predictive Analytics for businesses are some drivers which are positively affecting the market.

However, trouble in migrating from legacy systems is hindering the market. Developing demand for cloud computing technology is providing the significant growth opportunities for the market.

Browse the report:…outlook-2017-2023

By analytics type, descriptive analytics segment is projected to grow at a fastest CAGR due to growing appropriation of computerized innovations. By geography, Asia pacific is estimated to grow at a highest CAGR during the forecast period due to increasing machinery cost in countries such as China and India.

Some of the key players in Spend Analytics market include Jaggaer, SAP SE, Oracle Corporation, Proactis, Ivalua Inc., Coupa Software Incorporated, International Business Machines Corporation, Empronc Solutions Pvt. Ltd., Bravosolution SPA, SAS Institute Inc., Zycus Inc., and Rosslyn Data Technologies PLC.


Analytics Types Covered:
Prescriptive Analytics
Descriptive Analytics
Predictive Analytics

Deployment Models Covered:

Applications Covered:
Governance and Compliance Management
Financial Management
Demand and Supply Forecasting
Risk Management
Supplier Sourcing and Performance Management
Other Applications

Organization Sizes Covered:
Large Enterprises
Small and Medium-Sized Businesses

Components Covered:
Professional Services
Managed Services
Support and Maintenance

End Users Covered:
Healthcare and Life Sciences
Energy and Utilities
Retail and Ecommerce
Banking, Financial Services, and Insurance
Telecommunications and IT
Government and Defense
Other End Users

Business Functions Covered:
Information Technology

Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
South Korea
Rest of Asia Pacific
South America
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Major Points From The Table Of Contents:

Executive Summary


Market Trend Analysis

Porters Five Force Analysis

Global Spend Analytics Market, By Analytics Type

Global Spend Analytics Market, By Deployment Model

Global Spend Analytics Market, By Application

Global Spend Analytics Market, By Organization Size

Global Spend Analytics Market, By Component

Global Spend Analytics Market, By End User

Global Spend Analytics Market, By Business Function

Global Spend Analytics Market, By Geography

Key Developments

Company Profiling


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