PUBLISHER: 360iResearch | PRODUCT CODE: 1382053
PUBLISHER: 360iResearch | PRODUCT CODE: 1382053
The Vendor Management Software Market is projected to reach USD 18.42 billion by 2030 from USD 6.99 billion in 2022, at a CAGR of 12.87% during the forecast period.
Global Vendor Management Software Market
KEY MARKET STATISTICS | |
---|---|
Base Year Value [2022] | USD 6.99 billion |
Estimated Year Value [2023] | USD 7.84 billion |
Forecast Year Value [2030] | USD 18.42 billion |
CAGR (%) | 12.87% |
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Vendor Management Software Market.
Based on Software, market is studied across Procurement & Sourcing Software, Vendor Analytics & Reporting Software, Vendor Contract Management Software, Vendor Information Management Software, Vendor Onboarding & Compliance Software, Vendor Performance Management Software, Vendor Relationship Management Software, and Vendor Risk Management Software. The Vendor Onboarding & Compliance Software is projected to witness significant market share during forecast period.
Based on Deployment Type, market is studied across Cloud-Based and On-Premises. The On-Premises is projected to witness significant market share during forecast period.
Based on Enterprise Size, market is studied across Large Enterprises and Small & Medium Enterprises. The Small & Medium Enterprises is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Banking, Financial Services & Insurance, Energy & Utilities, Government, Healthcare, IT & Telecommunications, Manufacturing, and Retail & Consumer Goods. The IT & Telecommunications is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
The FPNV Positioning Matrix is an indispensable tool for assessing the Vendor Management Software Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
The Market Share Analysis offers invaluable insights into the vendor landscape Vendor Management Software Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
The report delves into recent significant developments in the Vendor Management Software Market, highlighting leading vendors and their innovative profiles. These include 360factors, Inc., Avaali Solutions Pvt Ltd., Bentley Systems, Inc., Corcentric, Inc., Coupa Software Inc., Deskera US Inc., eSellerHub, Freshworks Inc., Gatekeeper, GEP, HICX Solutions, Ingram Micro, Inc., Intelex Technologies Inc., International Business Machines Corporation, Ivalua Inc., LogicManager, Inc., Mailchimp, MasterControl, Inc., MetricStream Inc., Ncontracts LLC, Proactis Holdings PLC, Quantivate, LLC, SalesWarp, SAP SE, and TYASuite Software Solutions Pvt. Ltd..
1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast for the Vendor Management Software Market?
2. Which products, segments, applications, and areas hold the highest investment potential in the Vendor Management Software Market?
3. What is the competitive strategic window for identifying opportunities in the Vendor Management Software Market?
4. What are the latest technology trends and regulatory frameworks in the Vendor Management Software Market?
5. What is the market share of the leading vendors in the Vendor Management Software Market?
6. Which modes and strategic moves are suitable for entering the Vendor Management Software Market?