Asia Pacific Procurement Analytics Market Size & Outlook
Related Markets
Asia Pacific procurement analytics market highlights
- The Asia Pacific procurement analytics market generated a revenue of USD 737.4 million in 2022.
- The market is expected to grow at a CAGR of 26.6% from 2023 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2022.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 737.4 million |
| Market revenue in 2030 | USD 4,852.8 million |
| Growth rate | 26.6% (CAGR from 2022 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | SAP SE, Oracle Corp, SAS, Genpact Ltd, Microsoft Corp, International Business Machines Corp, Cisco Systems Inc, Coupa Software, Rosslyn Data Technologies, GEP |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.1% of the global procurement analytics market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,852.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Procurement Analytics Market Scope
Procurement Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GEP | View profile | 1001-5000 | Clark, New Jersey, United States, North America | https://www.gep.com |
| Rosslyn Data Technologies | View profile | 51-100 | London, England, United Kingdom, Europe | https://www.rosslyn.ai |
| Coupa Software | View profile | 1001-5000 | San Mateo, California, United States, North America | http://www.coupa.com |
| Genpact Ltd | View profile | 131000 | 22 Victoria Street, Canon's Court, Hamilton, Bermuda, HM 12 | https://www.genpact.com |
| SAS | View profile | 10001+ | Cary, North Carolina, United States, North America | http://www.sas.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Asia Pacific procurement analytics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to procurement analytics market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 76.66% in 2022. Horizon Databook has segmented the Asia Pacific procurement analytics market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Asia Pacific procurement analytics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific procurement analytics market databook
-
Our clientele includes a mix of procurement analytics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific procurement analytics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific procurement analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific procurement analytics market size, by country, 2018-2030 (US$M)
Asia Pacific Procurement Analytics Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
