PUBLISHER: KBV Research | PRODUCT CODE: 1804032
PUBLISHER: KBV Research | PRODUCT CODE: 1804032
Europe Procure To Pay Solution Market Size, Share & Industry Analysis Report By Component, By Deployment, By Enterprise Size (Large Enterprises and Small & Medium Enterprises ), By End Use, By Country and Growth Forecast, 2025 - 2032
The Europe Procure To Pay Solution Market would witness market growth of 6.3% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe Procure To Pay Solution Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 577.2 million by 2032. The UK market is exhibiting a CAGR of 5.2% during (2025 - 2032). Additionally, The France market would experience a CAGR of 7.1% during (2025 - 2032). The Germany and UK led the Europe Procure To Pay Solution Market by Country with a market share of 19.2% and 16.9% in 2024.
The market for procure-to-pay (P2P) solutions in Europe has changed quickly, moving from manual procurement to digital platforms because of the need for efficiency, compliance, and transparency. Government rules, like the EU Public Procurement Directives, have sped up adoption, especially in the public sector. P2P adoption started with big businesses, but it has grown to include small and medium-sized businesses as well, thanks to the rise of cloud-based solutions that are easy to use, affordable, and scalable. Organizations can make better decisions, manage risks, and improve their sustainability practices thanks to new technologies like AI, ML, and analytics. More focus on ESG goals has also led to solutions that support ethical sourcing and supplier diversity.
Three main trends are shaping the European P2P market right now: digital automation, cloud adoption, and following the rules for sustainability. AI, RPA, and analytics are being combined to lower costs, make workflows better, and cut down on mistakes. This is especially important in public procurement, where openness is very important. Cloud platforms let you share data in real time, work with ERP/SRM systems, and offer solutions that can grow with your business. SAP Ariba, Oracle, and Coupa are the biggest players in the market, but smaller companies focus on meeting the needs of specific industries and regions. There is a lot of competition, and vendors are using innovation, strategic partnerships, and customer-focused offerings to meet changing procurement needs.
Component Outlook
Based on Component, the market is segmented into Software and Services. Among various Germany Procure To Pay Solution Market by End Use; The BFSI market achieved a market size of USD 84.9 Million in 2024 and is expected to grow at a CAGR of 3.8 % during the forecast period. The IT & Telecom market is predicted to experience a CAGR of 5.3% throughout the forecast period from (2025 - 2032).
Enterprise Size Outlook
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). The Large Enterprises market segment dominated the France Procure To Pay Solution Market by Enterprise Size is expected to grow at a CAGR of 6.6 % during the forecast period thereby continuing its dominance until 2032. Also, The Small & Medium Enterprises (SMEs) market is anticipated to grow as a CAGR of 7.7 % during the forecast period during (2025 - 2032).
Country Outlook
Germany has the largest economy in Europe and is a major player in the procure-to-pay (P2P) solutions market because it has a strong industrial base in electronics, chemicals, machinery, and cars. Businesses of all sizes, from small and medium-sized businesses to large multinational corporations, use P2P systems to make the most of their money, make sure they follow the rules, and make the supply chain more open. Strict rules, digital transformation projects, and the adoption of Industrie 4.0 are all big factors in growth. More and more people are using cloud-based solutions that include AI analytics, collaboration with suppliers, and tracking of sustainability. There is a lot of competition among global ERP providers and local SaaS vendors who use their knowledge, ability to customize, and strategic partnerships to offer complete procurement solutions.
List of Key Companies Profiled
- SAP SE
- Oracle Corporation
- IBM Corporation
- Ivalua Inc.
- Coupa Software, Inc.
- GEP Software
- Zycus, Inc.
- Procurify Technologies, Inc.
- Corcentric Inc.
- Informatica Inc.
Europe Procure To Pay Solution Market Report Segmentation
By Component
- Software
- Services
By Deployment
- Cloud
- On-Premises
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By End Use
- Manufacturing
- BFSI
- Retail
- Healthcare
- IT & Telecom
- Other End Use
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Procure To Pay Solution Market, by Component
- 1.4.2 Europe Procure To Pay Solution Market, by Deployment
- 1.4.3 Europe Procure To Pay Solution Market, by Enterprise Size
- 1.4.4 Europe Procure To Pay Solution Market, by End Use
- 1.4.5 Europe Procure To Pay Solution Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.2 Market Drivers
- 3.1.3 Market Restraints
- 3.1.4 Market Opportunities
- 3.1.5 Market Challenges
- 3.1.1 Overview
- 3.2 Porter Five Forces Analysis
Chapter 4. Market Trends - Europe Procure To Pay Solution Market
Chapter 5. State of Competition - Europe Procure To Pay Solution Market
Chapter 6. Product Life Cycle (PLC) - Procure To Pay Solution Market
Chapter 7. Market Consolidation - Procure To Pay Solution Market
Chapter 8. Value Chain Analysis of Procure To Pay Solution Market
Chapter 9. Key Customer Criteria - Procure To Pay Solution Market
Chapter 10. Europe Procure To Pay Solution Market by Component
- 10.1 Europe Software Market by Country
- 10.2 Europe Services Market by Country
Chapter 11. Europe Procure To Pay Solution Market by Deployment
- 11.1 Europe Cloud Market by Country
- 11.2 Europe On-Premises Market by Country
Chapter 12. Europe Procure To Pay Solution Market by Enterprise Size
- 12.1 Europe Large Enterprises Market by Country
- 12.2 Europe Small & Medium Enterprises (SMEs) Market by Country
Chapter 13. Europe Procure To Pay Solution Market by End Use
- 13.1 Europe Manufacturing Market by Country
- 13.2 Europe BFSI Market by Country
- 13.3 Europe Retail Market by Country
- 13.4 Europe Healthcare Market by Country
- 13.5 Europe IT & Telecom Market by Country
- 13.6 Europe Other End Use Market by Country
Chapter 14. Europe Procure To Pay Solution Market by Country
- 14.1 Germany Procure To Pay Solution Market
- 14.1.1 Germany Procure To Pay Solution Market by Component
- 14.1.2 Germany Procure To Pay Solution Market by Deployment
- 14.1.3 Germany Procure To Pay Solution Market by Enterprise Size
- 14.1.4 Germany Procure To Pay Solution Market by End Use
- 14.2 UK Procure To Pay Solution Market
- 14.2.1 UK Procure To Pay Solution Market by Component
- 14.2.2 UK Procure To Pay Solution Market by Deployment
- 14.2.3 UK Procure To Pay Solution Market by Enterprise Size
- 14.2.4 UK Procure To Pay Solution Market by End Use
- 14.3 France Procure To Pay Solution Market
- 14.3.1 France Procure To Pay Solution Market by Component
- 14.3.2 France Procure To Pay Solution Market by Deployment
- 14.3.3 France Procure To Pay Solution Market by Enterprise Size
- 14.3.4 France Procure To Pay Solution Market by End Use
- 14.4 Russia Procure To Pay Solution Market
- 14.4.1 Russia Procure To Pay Solution Market by Component
- 14.4.2 Russia Procure To Pay Solution Market by Deployment
- 14.4.3 Russia Procure To Pay Solution Market by Enterprise Size
- 14.4.4 Russia Procure To Pay Solution Market by End Use
- 14.5 Spain Procure To Pay Solution Market
- 14.5.1 Spain Procure To Pay Solution Market by Component
- 14.5.2 Spain Procure To Pay Solution Market by Deployment
- 14.5.3 Spain Procure To Pay Solution Market by Enterprise Size
- 14.5.4 Spain Procure To Pay Solution Market by End Use
- 14.6 Italy Procure To Pay Solution Market
- 14.6.1 Italy Procure To Pay Solution Market by Component
- 14.6.2 Italy Procure To Pay Solution Market by Deployment
- 14.6.3 Italy Procure To Pay Solution Market by Enterprise Size
- 14.6.4 Italy Procure To Pay Solution Market by End Use
- 14.7 Rest of Europe Procure To Pay Solution Market
- 14.7.1 Rest of Europe Procure To Pay Solution Market by Component
- 14.7.2 Rest of Europe Procure To Pay Solution Market by Deployment
- 14.7.3 Rest of Europe Procure To Pay Solution Market by Enterprise Size
- 14.7.4 Rest of Europe Procure To Pay Solution Market by End Use
Chapter 15. Company Profiles
- 15.1 SAP SE
- 15.1.1 Company Overview
- 15.1.2 Financial Analysis
- 15.1.3 Regional Analysis
- 15.1.4 Research & Development Expense
- 15.1.5 SWOT Analysis
- 15.2 Oracle Corporation
- 15.2.1 Company Overview
- 15.2.2 Financial Analysis
- 15.2.3 Segmental and Regional Analysis
- 15.2.4 Research & Development Expense
- 15.2.5 SWOT Analysis
- 15.3 IBM Corporation
- 15.3.1 Company Overview
- 15.3.2 Financial Analysis
- 15.3.3 Regional & Segmental Analysis
- 15.3.4 Research & Development Expenses
- 15.3.5 SWOT Analysis
- 15.4 Ivalua Inc.
- 15.4.1 Company Overview
- 15.5 Coupa Software, Inc.
- 15.5.1 Company Overview
- 15.6 Zycus, Inc.
- 15.6.1 Company Overview
- 15.7 Procurify Technologies Inc.
- 15.7.1 Company Overview
- 15.8 GEP Software
- 15.8.1 Company Overview
- 15.9 Informatica Inc.
- 15.9.1 Company Overview
- 15.9.2 Financial Analysis
- 15.9.3 Regional Analysis
- 15.9.4 Research & Development Expenses
- 15.9.5 SWOT Analysis
- 15.10. Corcentric Inc.
- 15.10.1 Company Overview
LIST OF TABLES
- TABLE 1 Europe Procure To Pay Solution Market, 2021 - 2024, USD Million
- TABLE 2 Europe Procure To Pay Solution Market, 2025 - 2032, USD Million
- TABLE 3 Key Customer Criteria - Procure To Pay Solution Market
- TABLE 4 Europe Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
- TABLE 5 Europe Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
- TABLE 6 Europe Software Market by Country, 2021 - 2024, USD Million
- TABLE 7 Europe Software Market by Country, 2025 - 2032, USD Million
- TABLE 8 Europe Services Market by Country, 2021 - 2024, USD Million
- TABLE 9 Europe Services Market by Country, 2025 - 2032, USD Million
- TABLE 10 Europe Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
- TABLE 11 Europe Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
- TABLE 12 Europe Cloud Market by Country, 2021 - 2024, USD Million
- TABLE 13 Europe Cloud Market by Country, 2025 - 2032, USD Million
- TABLE 14 Europe On-Premises Market by Country, 2021 - 2024, USD Million
- TABLE 15 Europe On-Premises Market by Country, 2025 - 2032, USD Million
- TABLE 16 Europe Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
- TABLE 17 Europe Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
- TABLE 18 Europe Large Enterprises Market by Country, 2021 - 2024, USD Million
- TABLE 19 Europe Large Enterprises Market by Country, 2025 - 2032, USD Million
- TABLE 20 Europe Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2024, USD Million
- TABLE 21 Europe Small & Medium Enterprises (SMEs) Market by Country, 2025 - 2032, USD Million
- TABLE 22 Europe Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
- TABLE 23 Europe Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
- TABLE 24 Europe Manufacturing Market by Country, 2021 - 2024, USD Million
- TABLE 25 Europe Manufacturing Market by Country, 2025 - 2032, USD Million
- TABLE 26 Europe BFSI Market by Country, 2021 - 2024, USD Million
- TABLE 27 Europe BFSI Market by Country, 2025 - 2032, USD Million
- TABLE 28 Europe Retail Market by Country, 2021 - 2024, USD Million
- TABLE 29 Europe Retail Market by Country, 2025 - 2032, USD Million
- TABLE 30 Europe Healthcare Market by Country, 2021 - 2024, USD Million
- TABLE 31 Europe Healthcare Market by Country, 2025 - 2032, USD Million
- TABLE 32 Europe IT & Telecom Market by Country, 2021 - 2024, USD Million
- TABLE 33 Europe IT & Telecom Market by Country, 2025 - 2032, USD Million
- TABLE 34 Europe Other End Use Market by Country, 2021 - 2024, USD Million
- TABLE 35 Europe Other End Use Market by Country, 2025 - 2032, USD Million
- TABLE 36 Europe Procure To Pay Solution Market by Country, 2021 - 2024, USD Million
- TABLE 37 Europe Procure To Pay Solution Market by Country, 2025 - 2032, USD Million
- TABLE 38 Germany Procure To Pay Solution Market, 2021 - 2024, USD Million
- TABLE 39 Germany Procure To Pay Solution Market, 2025 - 2032, USD Million
- TABLE 40 Germany Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
- TABLE 41 Germany Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
- TABLE 42 Germany Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
- TABLE 43 Germany Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
- TABLE 44 Germany Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
- TABLE 45 Germany Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
- TABLE 46 Germany Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
- TABLE 47 Germany Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
- TABLE 48 UK Procure To Pay Solution Market, 2021 - 2024, USD Million
- TABLE 49 UK Procure To Pay Solution Market, 2025 - 2032, USD Million
- TABLE 50 UK Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
- TABLE 51 UK Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
- TABLE 52 UK Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
- TABLE 53 UK Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
- TABLE 54 UK Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
- TABLE 55 UK Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
- TABLE 56 UK Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
- TABLE 57 UK Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
- TABLE 58 France Procure To Pay Solution Market, 2021 - 2024, USD Million
- TABLE 59 France Procure To Pay Solution Market, 2025 - 2032, USD Million
- TABLE 60 France Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
- TABLE 61 France Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
- TABLE 62 France Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
- TABLE 63 France Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
- TABLE 64 France Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
- TABLE 65 France Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
- TABLE 66 France Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
- TABLE 67 France Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
- TABLE 68 Russia Procure To Pay Solution Market, 2021 - 2024, USD Million
- TABLE 69 Russia Procure To Pay Solution Market, 2025 - 2032, USD Million
- TABLE 70 Russia Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
- TABLE 71 Russia Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
- TABLE 72 Russia Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
- TABLE 73 Russia Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
- TABLE 74 Russia Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
- TABLE 75 Russia Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
- TABLE 76 Russia Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
- TABLE 77 Russia Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
- TABLE 78 Spain Procure To Pay Solution Market, 2021 - 2024, USD Million
- TABLE 79 Spain Procure To Pay Solution Market, 2025 - 2032, USD Million
- TABLE 80 Spain Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
- TABLE 81 Spain Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
- TABLE 82 Spain Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
- TABLE 83 Spain Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
- TABLE 84 Spain Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
- TABLE 85 Spain Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
- TABLE 86 Spain Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
- TABLE 87 Spain Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
- TABLE 88 Italy Procure To Pay Solution Market, 2021 - 2024, USD Million
- TABLE 89 Italy Procure To Pay Solution Market, 2025 - 2032, USD Million
- TABLE 90 Italy Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
- TABLE 91 Italy Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
- TABLE 92 Italy Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
- TABLE 93 Italy Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
- TABLE 94 Italy Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
- TABLE 95 Italy Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
- TABLE 96 Italy Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
- TABLE 97 Italy Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
- TABLE 98 Rest of Europe Procure To Pay Solution Market, 2021 - 2024, USD Million
- TABLE 99 Rest of Europe Procure To Pay Solution Market, 2025 - 2032, USD Million
- TABLE 100 Rest of Europe Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
- TABLE 101 Rest of Europe Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
- TABLE 102 Rest of Europe Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
- TABLE 103 Rest of Europe Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
- TABLE 104 Rest of Europe Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
- TABLE 105 Rest of Europe Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
- TABLE 106 Rest of Europe Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
- TABLE 107 Rest of Europe Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
- TABLE 108 Key Information - SAP SE
- TABLE 109 Key Information - Oracle Corporation
- TABLE 110 Key Information - IBM Corporation
- TABLE 111 Key Information - Ivalua Inc.
- TABLE 112 Key information - Coupa Software, Inc.
- TABLE 113 Key Information - Zycus, Inc.
- TABLE 114 Key Information - Procurify Technologies, Inc.
- TABLE 115 Key Information - GEP Software
- TABLE 116 Key Information - Informetica Inc.
- TABLE 117 Key Information - Corcentric Inc.
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 Europe Procure To Pay Solution Market, 2021 - 2032, USD Million
- FIG 3 Porter's Five Forces Analysis - Procure To Pay Solution Market
- FIG 4 Value Chain Analysis of Procure To Pay Solution Market
- FIG 5 Key Customer Criteria - Procure To Pay Solution Market
- FIG 6 Europe Procure To Pay Solution Market share by Component, 2024
- FIG 7 Europe Procure To Pay Solution Market share by Component, 2032
- FIG 8 Europe Procure To Pay Solution Market by Component, 2021 - 2032, USD Million
- FIG 9 Europe Procure To Pay Solution Market share by Deployment, 2024
- FIG 10 Europe Procure To Pay Solution Market share by Deployment, 2032
- FIG 11 Europe Procure To Pay Solution Market by Deployment, 2021 - 2032, USD Million
- FIG 12 Europe Procure To Pay Solution Market share by Enterprise Size, 2024
- FIG 13 Europe Procure To Pay Solution Market share by Enterprise Size, 2032
- FIG 14 Europe Procure To Pay Solution Market by Enterprise Size, 2021 - 2032, USD Million
- FIG 15 Europe Procure To Pay Solution Market share by End Use, 2024
- FIG 16 Europe Procure To Pay Solution Market share by End Use, 2032
- FIG 17 Europe Procure To Pay Solution Market by End Use, 2021 - 2032, USD Million
- FIG 18 Europe Procure To Pay Solution Market share by Country, 2024
- FIG 19 Europe Procure To Pay Solution Market share by Country, 2032
- FIG 20 Europe Procure To Pay Solution Market by Country, 2021 - 2032, USD Million
- FIG 21 SWOT Analysis: SAP SE
- FIG 22 SWOT Analysis: Oracle Corporation
- FIG 23 SWOT Analysis: IBM Corporation
- FIG 24 SWOT analysis: Informatica Inc.
