Japan Procurement Analytics Market Size & Outlook

The procurement analytics market in Japan is expected to reach a projected revenue of US$ 892.9 million by 2030. A compound annual growth rate of 25.7% is expected of Japan procurement analytics market from 2023 to 2030.
Revenue, 2022 (US$M)
$143.7
Forecast, 2030 (US$M)
$892.9
CAGR, 2023 - 2030
25.7%
Report Coverage
Japan

Japan procurement analytics market highlights

  • The Japan procurement analytics market generated a revenue of USD 143.7 million in 2022 and is expected to reach USD 892.9 million by 2030.
  • The Japan market is expected to grow at a CAGR of 25.7% 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.


Procurement analytics market data book summary

Market revenue in 2022USD 143.7 million
Market revenue in 2030USD 892.9 million
Growth rate25.7% (CAGR from 2022 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideSAP 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, Japan accounted for 4.3% of the global procurement analytics market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China procurement analytics market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 742.5 million by 2030.

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Procurement Analytics Market Companies

Name Profile # Employees HQ Website

Japan 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 74.95% in 2022. Horizon Databook has segmented the Japan procurement analytics market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Japan 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 country-level data and insights on the Japan procurement analytics market , including forecasts for subscribers. This country databook contains high-level insights into Japan procurement analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Japan procurement analytics market size, by component, 2018-2030 (US$M)

Japan Procurement Analytics Market Outlook Share, 2022 & 2030 (US$M)

Japan procurement analytics market size, by component, 2018-2030 (US$M)

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