Global Supplier Relationship Management Software Market Size Study & Forecast, by Deployment Type, Organization Size, Industry Vertical, Functionality, Solution Type, and Regional Forecasts 2025-2035

Description

The Global Supplier Relationship Management (SRM) Software Market is valued approximately at USD 23 billion in 2024 and is expected to witness a remarkable growth trajectory with a CAGR exceeding 11.92% over the forecast period 2025-2035. As enterprises maneuver through increasingly global and complex supply chains, SRM software has emerged as a critical enabler of supplier collaboration, risk mitigation, and strategic sourcing. By streamlining interactions between businesses and their suppliers through digital interfaces, these platforms foster transparency, enhance procurement agility, and drive cost efficiencies. The growing emphasis on operational resilience, especially post-pandemic, has propelled organizations to digitize their procurement ecosystems and embrace SRM tools that deliver actionable insights and bolster long-term supplier performance.

The surge in cloud adoption, AI integration, and demand for real-time analytics has acted as a catalyst for the evolution of SRM software from simple procurement trackers into comprehensive platforms that unify vendor management, risk assessments, and performance evaluation. Enterprises across verticals-ranging from manufacturing to financial services-are leveraging SRM solutions to consolidate fragmented supplier data, reduce lead times, and ensure ESG compliance. Notably, hybrid deployment models are gaining popularity, especially among large enterprises that seek the flexibility of cloud with the control of on-premise systems. Meanwhile, small and medium-sized enterprises (SMEs) are turning to SaaS-based SRM platforms due to their scalability, lower upfront costs, and ease of implementation.

From a regional perspective, North America currently dominates the SRM software landscape, underpinned by widespread digitalization across industries, high awareness levels, and the strong presence of leading technology vendors. The United States, being at the forefront of procurement automation and supplier performance analytics, continues to drive innovation in the sector. On the other hand, Asia Pacific is forecasted to exhibit the fastest growth during the forecast period. Rapid industrialization in economies like China, India, and Southeast Asia, combined with an expanding SME base and government-driven digitization agendas, are pushing SRM adoption. Europe also presents robust growth prospects, fueled by stringent regulatory requirements and the push toward sustainable, ethical sourcing practices.

Major market player included in this report are:

SAP SE
Oracle Corporation
Coupa Software Inc.
IBM Corporation
Jaggaer
GEP Worldwide
Zycus Inc.
Basware
Ivalua Inc.
Determine Inc.
Epicor Software Corporation
SynerTrade
Proactis Holdings PLC
BirchStreet Systems
Corcentric Inc.

Global Supplier Relationship Management Software Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Deployment Type:

On-Premise
Cloud
Hybrid

By Organization Size:

Small and Medium-sized Enterprises (SMEs)
Large Enterprises

By Industry Vertical:

Manufacturing
Retail
Healthcare
Financial Services
IT and Telecom

By Functionality:

Vendor Management
Performance Management
Risk Management
Collaboration
Analytics

By Solution Type:

Basic
Advanced
Enterprise

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Supplier Relationship Management Software Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global Supplier Relationship Management Software Market Forces Analysis

3.1. Market Forces Shaping The Global Supplier Relationship Management Software Market (2024-2035)
3.2. Drivers
- 3.2.1. Digitalization of Procurement and Supply Chain Processes
- 3.2.2. Need for Cost Optimization and Enhanced Supplier Collaboration
3.3. Restraints
- 3.3.1. Complexity of Integrating Legacy ERP and Procurement Systems
- 3.3.2. Limited Awareness and Adoption among SMEs
3.4. Opportunities
- 3.4.1. Integration of AI-Driven Analytics for Supplier Risk and Performance
- 3.4.2. Expansion of Cloud-Based and Hybrid SRM Deployments

Chapter 4. Global Supplier Relationship Management Software Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Supplier Relationship Management Software Market Size & Forecasts by Deployment Type 2025-2035

5.1. Market Overview
5.2. Global Supplier Relationship Management Software Market Performance - Potential Analysis (2025)
5.3. On-Premise
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035
5.4. Cloud
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market Size Analysis, by Region, 2025-2035
5.5. Hybrid
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global Supplier Relationship Management Software Market Size & Forecasts by Organization Size 2025-2035

6.1. Market Overview
6.2. Global Supplier Relationship Management Software Market Performance - Potential Analysis (2025)
6.3. Small and Medium-sized Enterprises (SMEs)
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market Size Analysis, by Region, 2025-2035
6.4. Large Enterprises
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global Supplier Relationship Management Software Market Size & Forecasts by Industry Vertical 2025-2035

7.1. Market Overview
7.2. Global Supplier Relationship Management Software Market Performance - Potential Analysis (2025)
7.3. Manufacturing
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market Size Analysis, by Region, 2025-2035
7.4. Retail
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market Size Analysis, by Region, 2025-2035
7.5. Healthcare
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market Size Analysis, by Region, 2025-2035
7.6. Financial Services
- 7.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.6.2. Market Size Analysis, by Region, 2025-2035
7.7. IT and Telecom
- 7.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.7.2. Market Size Analysis, by Region, 2025-2035

Chapter 8. Global Supplier Relationship Management Software Market Size & Forecasts by Functionality 2025-2035

8.1. Market Overview
8.2. Global Supplier Relationship Management Software Market Performance - Potential Analysis (2025)
8.3. Vendor Management
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market Size Analysis, by Region, 2025-2035
8.4. Performance Management
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market Size Analysis, by Region, 2025-2035
8.5. Risk Management
- 8.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.5.2. Market Size Analysis, by Region, 2025-2035
8.6. Collaboration
- 8.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.6.2. Market Size Analysis, by Region, 2025-2035
8.7. Analytics
- 8.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.7.2. Market Size Analysis, by Region, 2025-2035

Chapter 9. Global Supplier Relationship Management Software Market Size & Forecasts by Solution Type 2025-2035

9.1. Market Overview
9.2. Global Supplier Relationship Management Software Market Performance - Potential Analysis (2025)
9.3. Basic
- 9.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 9.3.2. Market Size Analysis, by Region, 2025-2035
9.4. Advanced
- 9.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 9.4.2. Market Size Analysis, by Region, 2025-2035
9.5. Enterprise
- 9.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 9.5.2. Market Size Analysis, by Region, 2025-2035

Chapter 10. Global Supplier Relationship Management Software Market Size & Forecasts by Region 2025-2035

10.1. Supplier Relationship Management Software Market, Regional Market Snapshot
10.2. Top Leading & Emerging Countries
10.3. North America Supplier Relationship Management Software Market
- 10.3.1. U.S. Supplier Relationship Management Software Market
  - 10.3.1.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.3.1.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.3.2. Canada Supplier Relationship Management Software Market
  - 10.3.2.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.3.2.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
10.4. Europe Supplier Relationship Management Software Market
- 10.4.1. UK Supplier Relationship Management Software Market
  - 10.4.1.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.4.1.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.4.2. Germany Supplier Relationship Management Software Market
  - 10.4.2.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.4.2.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.4.3. France Supplier Relationship Management Software Market
  - 10.4.3.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.4.3.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.4.4. Spain Supplier Relationship Management Software Market
  - 10.4.4.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.4.4.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.4.5. Italy Supplier Relationship Management Software Market
  - 10.4.5.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.4.5.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.4.6. Rest of Europe Supplier Relationship Management Software Market
  - 10.4.6.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.4.6.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
10.5. Asia Pacific Supplier Relationship Management Software Market
- 10.5.1. China Supplier Relationship Management Software Market
  - 10.5.1.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.5.1.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.5.2. India Supplier Relationship Management Software Market
  - 10.5.2.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.5.2.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.5.3. Japan Supplier Relationship Management Software Market
  - 10.5.3.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.5.3.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.5.4. Australia Supplier Relationship Management Software Market
  - 10.5.4.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.5.4.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.5.5. South Korea Supplier Relationship Management Software Market
  - 10.5.5.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.5.5.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.5.6. Rest of Asia Pacific Supplier Relationship Management Software Market
  - 10.5.6.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.5.6.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
10.6. Latin America Supplier Relationship Management Software Market
- 10.6.1. Brazil Supplier Relationship Management Software Market
  - 10.6.1.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.6.1.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.6.2. Mexico Supplier Relationship Management Software Market
  - 10.6.2.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.6.2.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
10.7. Middle East & Africa Supplier Relationship Management Software Market
- 10.7.1. UAE Supplier Relationship Management Software Market
  - 10.7.1.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.7.1.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.7.2. Saudi Arabia Supplier Relationship Management Software Market
  - 10.7.2.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.7.2.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.7.3. South Africa Supplier Relationship Management Software Market
  - 10.7.3.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.7.3.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035
- 10.7.4. Rest of Middle East & Africa Supplier Relationship Management Software Market
  - 10.7.4.1. Deployment Type & Organization Size Breakdown Size & Forecasts, 2025-2035
  - 10.7.4.2. Industry Vertical, Functionality & Solution Type Breakdown Size & Forecasts, 2025-2035

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. SAP SE
- 11.2.1. Company Overview
- 11.2.2. Key Executives
- 11.2.3. Company Snapshot
- 11.2.4. Financial Performance (Subject to Data Availability)
- 11.2.5. Product/Services Port
- 11.2.6. Recent Development
- 11.2.7. Market Strategies
- 11.2.8. SWOT Analysis
11.3. Oracle Corporation
11.4. Coupa Software Inc.
11.5. IBM Corporation
11.6. Jaggaer
11.7. GEP Worldwide
11.8. Zycus Inc.
11.9. Basware
11.10. Ivalua Inc.
11.11. Determine Inc.
11.12. Epicor Software Corporation
11.13. SynerTrade
11.14. Proactis Holdings PLC
11.15. BirchStreet Systems
11.16. Corcentric Inc.