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PUBLISHER: KBV Research | PRODUCT CODE: 1173384

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PUBLISHER: KBV Research | PRODUCT CODE: 1173384

North America Spend Management Platform Market Size, Share & Industry Trends Analysis Report By Deployment, By Enterprise, By Application, By Country and Growth Forecast, 2022 - 2028

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The North America Spend Management Platform Market would witness market growth of 8.8% CAGR during the forecast period (2022-2028).

For the records, purchasing companies strive for a detailed understanding of their expenses. It provides enhanced transparency and enlarges spending clarity and expense under management; the knowledge and track of spending help the enterprise increase the company's value. The future broadcast and precision of such forecasts directly affect the planning, assuming future profitability, and financial budgeting.

Moreover, with economic growth, spend management supports supply risk management, environmental considerations, social responsibility, and legal compliance. The digital spend management software market is flooded with vendors who offer a one-stop shop. This source-to-pay offering is also a "full suite" solution for software procurement.

However, many substitute solutions are available, such as source-to-contract suites up until contract signing, covering strategic sourcing efforts along with purchase-to-pay suites, including buying orders, automation, and invoice confirmation. For example, workers spend management equipment is utilized for claiming, submitting, and charting travel charges.

Due to the booming domestic technology industry in Canada, the growth of the spend management platform is increasing. Many businesses exist in the Canadian information and communications technology (ICT) sector. Canada had one of the solid digital transitions before the coronavirus impact; with the new joining of the new employee, the organization aimed to develop and integrate the latest technologies in the system.

The US market dominated the North America Spend Management Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,391.9 million by 2028. The Canada market is poised to grow at a CAGR of 10.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 10.6% during (2022 - 2028).

Based on Deployment, the market is segmented into Cloud and On-premise. Based on Enterprise, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Manufacturing, Consumer Goods, Retail, Healthcare & Pharmaceutical and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coupa Software Inc., SAP SE, The Sage Group PLC, SutiSoft, Inc., NB Ventures, Inc. (Global eProcure), Proactis Holdings Limited (Cafe Bidco Limited), VA Tech Ventures Pvt Ltd (Happay)(Cred), Sievo Oy, Expensify, Inc., and Procurify Technologies, Inc.

Scope of the Study

Market Segments covered in the Report:

By Deployment

  • Cloud
  • On-premise

By Enterprise

  • Large Enterprises
  • Small & Medium Enterprises

By Application

  • Manufacturing
  • Consumer Goods
  • Retail
  • Healthcare & Pharmaceutical
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Companies Profiled

  • Coupa Software Inc.
  • SAP SE
  • The Sage Group PLC
  • SutiSoft, Inc.
  • NB Ventures, Inc. (Global eProcure)
  • Proactis Holdings Limited (Cafe Bidco Limited)
  • VA Tech Ventures Pvt Ltd (Happay)(Cred)
  • Sievo Oy
  • Expensify, Inc.
  • Procurify Technologies, Inc.

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

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Spend Management Platform Market, by Deployment
    • 1.4.2 North America Spend Management Platform Market, by Enterprise
    • 1.4.3 North America Spend Management Platform Market, by Application
    • 1.4.4 North America Spend Management Platform Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition & Scenarios
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Recent Strategies Deployed in Spend Management Platform Market

Chapter 4. North America Spend Management Platform Market by Deployment

  • 4.1 North America Cloud Market by Country
  • 4.2 North America On-premise Market by Country

Chapter 5. North America Spend Management Platform Market by Enterprise

  • 5.1 North America Large Enterprises Market by Country
  • 5.2 North America Small & Medium Enterprises Market by Country

Chapter 6. North America Spend Management Platform Market by Application

  • 6.1 North America Manufacturing Market by Country
  • 6.2 North America Consumer Goods Market by Country
  • 6.3 North America Retail Market by Country
  • 6.4 North America Healthcare & Pharmaceutical Market by Country
  • 6.5 North America Others Market by Country

Chapter 7. North America Spend Management Platform Market by Country

  • 7.1 US Spend Management Platform Market
    • 7.1.1 US Spend Management Platform Market by Deployment
    • 7.1.2 US Spend Management Platform Market by Enterprise
    • 7.1.3 US Spend Management Platform Market by Application
  • 7.2 Canada Spend Management Platform Market
    • 7.2.1 Canada Spend Management Platform Market by Deployment
    • 7.2.2 Canada Spend Management Platform Market by Enterprise
    • 7.2.3 Canada Spend Management Platform Market by Application
  • 7.3 Mexico Spend Management Platform Market
    • 7.3.1 Mexico Spend Management Platform Market by Deployment
    • 7.3.2 Mexico Spend Management Platform Market by Enterprise
    • 7.3.3 Mexico Spend Management Platform Market by Application
  • 7.4 Rest of North America Spend Management Platform Market
    • 7.4.1 Rest of North America Spend Management Platform Market by Deployment
    • 7.4.2 Rest of North America Spend Management Platform Market by Enterprise
    • 7.4.3 Rest of North America Spend Management Platform Market by Application

Chapter 8. Company Profiles

  • 8.1 SAP SE
    • 8.1.1 Company Overview
    • 8.1.2 Financial Analysis
    • 8.1.3 Segmental and Regional Analysis
    • 8.1.4 Research & Development Expense
    • 8.1.5 Recent strategies and developments:
      • 8.1.5.1 Acquisition and Mergers:
    • 8.1.6 SWOT Analysis
  • 8.2 Coupa Software, Inc.
    • 8.2.1 Company Overview
    • 8.2.2 Financial Analysis
    • 8.2.3 Regional & Segmental Analysis
    • 8.2.4 Research & Development Expenses
    • 8.2.5 Recent strategies and developments:
      • 8.2.5.1 Partnerships, Collaborations, and Agreements:
      • 8.2.5.2 Acquisition and Mergers:
      • 8.2.5.3 Geographical Expansions:
  • 8.3 The Sage Group plc
    • 8.3.1 Company Overview
    • 8.3.2 Financial Analysis
    • 8.3.3 Segmental and Regional Analysis
    • 8.3.4 Research & Development Expenses
    • 8.3.5 Recent strategies and developments:
      • 8.3.5.1 Partnerships, Collaborations, and Agreements:
      • 8.3.5.2 Acquisitions and Mergers:
  • 8.4 Expensify, Inc.
    • 8.4.1 Company Overview
    • 8.4.2 Financial Analysis
    • 8.4.3 Regional Analysis
    • 8.4.4 Research & Development Expenses
    • 8.4.5 Recent strategies and developments:
      • 8.4.5.1 Partnerships, Collaborations, and Agreements:
  • 8.5 Proactis Holdings Limited (Cafe Bidco Limited)
    • 8.5.1 Company Overview
    • 8.5.2 Financial Analysis
    • 8.5.3 Regional & Segmental Analysis
    • 8.5.4 Research & Development Expenses
    • 8.5.5 Recent strategies and developments:
      • 8.5.5.1 Partnerships, Collaborations, and Agreements:
  • 8.6 NB Ventures, Inc. (Global eProcure)
    • 8.6.1 Company Overview
    • 8.6.2 Recent strategies and developments:
      • 8.6.2.1 Geographical Expansions:
  • 8.7 VA Tech Ventures Pvt. Ltd. (Happay) (Dreamplug Technologies Private Limited)
    • 8.7.1 Company Overview
  • 8.8 Sievo Oy
    • 8.8.1 Company Overview
  • 8.9 Procurify Technologies, Inc.
    • 8.9.1 Company Overview
  • 8.10. SutiSoft Inc.
    • 8.10.1 Company Overview

LIST OF TABLES

  • TABLE 1 North America Spend Management Platform Market, 2018 - 2021, USD Million
  • TABLE 2 North America Spend Management Platform Market, 2022 - 2028, USD Million
  • TABLE 3 North America Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
  • TABLE 4 North America Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
  • TABLE 5 North America Cloud Market by Country, 2018 - 2021, USD Million
  • TABLE 6 North America Cloud Market by Country, 2022 - 2028, USD Million
  • TABLE 7 North America On-premise Market by Country, 2018 - 2021, USD Million
  • TABLE 8 North America On-premise Market by Country, 2022 - 2028, USD Million
  • TABLE 9 North America Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
  • TABLE 10 North America Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
  • TABLE 11 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
  • TABLE 12 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
  • TABLE 13 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
  • TABLE 14 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
  • TABLE 15 North America Spend Management Platform Market by Application, 2018 - 2021, USD Million
  • TABLE 16 North America Spend Management Platform Market by Application, 2022 - 2028, USD Million
  • TABLE 17 North America Manufacturing Market by Country, 2018 - 2021, USD Million
  • TABLE 18 North America Manufacturing Market by Country, 2022 - 2028, USD Million
  • TABLE 19 North America Consumer Goods Market by Country, 2018 - 2021, USD Million
  • TABLE 20 North America Consumer Goods Market by Country, 2022 - 2028, USD Million
  • TABLE 21 North America Retail Market by Country, 2018 - 2021, USD Million
  • TABLE 22 North America Retail Market by Country, 2022 - 2028, USD Million
  • TABLE 23 North America Healthcare & Pharmaceutical Market by Country, 2018 - 2021, USD Million
  • TABLE 24 North America Healthcare & Pharmaceutical Market by Country, 2022 - 2028, USD Million
  • TABLE 25 North America Others Market by Country, 2018 - 2021, USD Million
  • TABLE 26 North America Others Market by Country, 2022 - 2028, USD Million
  • TABLE 27 North America Spend Management Platform Market by Country, 2018 - 2021, USD Million
  • TABLE 28 North America Spend Management Platform Market by Country, 2022 - 2028, USD Million
  • TABLE 29 US Spend Management Platform Market, 2018 - 2021, USD Million
  • TABLE 30 US Spend Management Platform Market, 2022 - 2028, USD Million
  • TABLE 31 US Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
  • TABLE 32 US Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
  • TABLE 33 US Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
  • TABLE 34 US Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
  • TABLE 35 US Spend Management Platform Market by Application, 2018 - 2021, USD Million
  • TABLE 36 US Spend Management Platform Market by Application, 2022 - 2028, USD Million
  • TABLE 37 Canada Spend Management Platform Market, 2018 - 2021, USD Million
  • TABLE 38 Canada Spend Management Platform Market, 2022 - 2028, USD Million
  • TABLE 39 Canada Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
  • TABLE 40 Canada Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
  • TABLE 41 Canada Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
  • TABLE 42 Canada Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
  • TABLE 43 Canada Spend Management Platform Market by Application, 2018 - 2021, USD Million
  • TABLE 44 Canada Spend Management Platform Market by Application, 2022 - 2028, USD Million
  • TABLE 45 Mexico Spend Management Platform Market, 2018 - 2021, USD Million
  • TABLE 46 Mexico Spend Management Platform Market, 2022 - 2028, USD Million
  • TABLE 47 Mexico Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
  • TABLE 48 Mexico Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
  • TABLE 49 Mexico Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
  • TABLE 50 Mexico Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
  • TABLE 51 Mexico Spend Management Platform Market by Application, 2018 - 2021, USD Million
  • TABLE 52 Mexico Spend Management Platform Market by Application, 2022 - 2028, USD Million
  • TABLE 53 Rest of North America Spend Management Platform Market, 2018 - 2021, USD Million
  • TABLE 54 Rest of North America Spend Management Platform Market, 2022 - 2028, USD Million
  • TABLE 55 Rest of North America Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
  • TABLE 56 Rest of North America Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
  • TABLE 57 Rest of North America Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
  • TABLE 58 Rest of North America Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
  • TABLE 59 Rest of North America Spend Management Platform Market by Application, 2018 - 2021, USD Million
  • TABLE 60 Rest of North America Spend Management Platform Market by Application, 2022 - 2028, USD Million
  • TABLE 61 Key Information - SAP SE
  • TABLE 62 Key information - Coupa Software, Inc.
  • TABLE 63 Key Information - The Sage Group plc
  • TABLE 64 Key Information - expensify, inc.
  • TABLE 65 Key information - Proactis Holdings Limited
  • TABLE 66 key information - NB Ventures, Inc.
  • TABLE 67 Key Information -VA Tech Ventures Pvt. Ltd.
  • TABLE 68 Key Information - Sievo oy
  • TABLE 69 Key Information - Procurify Technologies, Inc.
  • TABLE 70 Key Information - SutiSoft Inc.

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 SWOT Analysis: SAP SE
  • FIG 3 Recent strategies and developments: Coupa Software, Inc.
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