Spend Analytics Market Analysis, Revenue Share, Company Profiles, Launches, & Forecast Till 2027
The global Spend Analytics market
research report forecast to 2027 has been recently published by Reports and
Data to help user understand the current market scenario. The report offers a
detailed analysis of market size, revenue growth, emerging trends, top
companies, market drivers, restraints, opportunities, limitations that the
global Spend Analytics market is expected to offer during the forecast period. The
global spend analytics market is forecast to reach USD 7,628.6 Million by 2028,
according to a new report by Reports and Data.
The data is obtained through
extensive primary and secondary research which is further verified by industry
experts. This data is represented using various charts, tables and graphs which
makes it easier for the reader. It also provides complete analysis of the
global Spend Analytics market with details about statistical tools such as SWOT
and Porter’s Five Forces analysis.
The report shed light on various
top companies in the market are SAS Institute, Inc., SAP SE, Oracle
Corporation, IBM Corporation, Zycus Inc., Coupa Software Inc., Empronc
Solutions Pvt. Ltd., Proactis, Rosslyn Analytics, Ltd., JAGGAER, Ivalua Inc.,
and BravoSolution SPA, among other are some leading companies operating in the
global Spend Analytics market.
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The
information and communication technology sector is expected to observe a robust
revenue growth over the forecast period.
Factors
such as technological advancements in AI and robotics, increasing innovations,
growing need for high data security, large data management are fueling market
development. Availability of variety of devices such as computers, smartphones,
softwares and growing usage of internet is boosting overall growth of the
information and communication technology. In addition, growing adoption of IOT
and cloud based systems, increasing demand for technologically advanced
devices, and change in consumer preference are some significant factors fueling
market growth.
Competitive
landscape of global Spend Analytics market is quite fragmented with regional
and global key players. They are often involved in various strategies including
mergers and acquisitions, collaborations, new product launches or corporate
deals to sustain their market position and expand their product portfolio.
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Segments
covered in the report:
This report forecasts revenue growth at a global,
regional & country level, and provides an analysis of the industry trends
in each of the sub-segments from 2016 to 2026. For the purpose of this report,
Reports and Data have segmented into the global Spend Analytics market on the
basis of end use, component, analysis type, deployment mode, industry vertical,
and region:
End
Use Outlook (Revenue, USD Billion; 2018-2028)
- Governance And Compliance Management
- Financial Management
- Demand And Supply Forecasting
- Risk Management
- Others
Component
Outlook (Revenue, USD Billion; 2018-2028)
- Solution
- Services
Deployment
Mode Outlook (Revenue, USD Billion; 2018-2028)
- Cloud
- On-Premises
Analysis
Type Outlook (Revenue, USD Billion; 2018-2028)
- Descriptive
- Diagnostic
- Predictive
- Prescriptive
Industry
Vertical Outlook (Revenue, USD Billion; 2018-2028)
- Government and Defense
- Healthcare and Life Sciences
- Manufacturing
- Retail and E-commerce
- IT and Telecommunication
- Energy and Utilities
- Banking, Financial services, and Insurance
(BFSI)
- Others
Key questions addressed in the global Spend Analytics market
report:
What
revenue CAGR is the global Spend
Analytics
·
market projected to register throughout the
forecast period?
·
Which leading
companies are operating in the global Spend Analytics market?
·
Which region
is expected to account for largest revenue growth over the forecast period?
·
What are the
key drivers that are expected to fuel the global market?
·
What are the
key outcomes of Porter’s Five Force analysis of the global Spend Analytics
market?
·
What are the
key restraints expected to hamper global market growth?
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