Vendor Management System (VMS) Software Market Size(US$)

CAGR 2025-2031
5.8%
Market Size,2031
USD 7,751
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Vendor Management System (VMS) Software was estimated to be worth US$ 5253 million in 2024 and is forecast to a readjusted size of US$ 7751 million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031.
A vendor management system (VMS) is an Internet-enabled, often Web-based application that acts as a mechanism for business to manage and procure staffing services – temporary, and, in some cases, permanent placement services – as well as outside contract or contingent labor.
North American market for Vendor Management System (VMS) Software was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Vendor Management System (VMS) Software was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Vendor Management System (VMS) Software was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global key companies of Vendor Management System (VMS) Software include SAP, QuickBooks, Airbase, Vanta, Venminder, Precoro, Productiv, Genuity, Onspring, Blissfully, etc. In 2024, the global five largest players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Vendor Management System (VMS) Software, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Vendor Management System (VMS) Software by region & country, by Type, and by Application.
The Vendor Management System (VMS) Software market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vendor Management System (VMS) Software.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Vendor Management System (VMS) Software company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Vendor Management System (VMS) Software in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Vendor Management System (VMS) Software in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYResearch's Strengths
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
Table of Contents
1 Market Overview
1.1 Vendor Management System (VMS) Software Product Introduction
1.2 Global Vendor Management System (VMS) Software Market Size Forecast (2020-2031)
1.3 Vendor Management System (VMS) Software Market Trends & Drivers
1.3.1 Vendor Management System (VMS) Software Industry Trends
1.3.2 Vendor Management System (VMS) Software Market Drivers & Opportunity
1.3.3 Vendor Management System (VMS) Software Market Challenges
1.3.4 Vendor Management System (VMS) Software Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Vendor Management System (VMS) Software Players Revenue Ranking (2024)
2.2 Global Vendor Management System (VMS) Software Revenue by Company (2020-2025)
2.3 Key Companies Vendor Management System (VMS) Software Manufacturing Base Distribution and Headquarters
2.4 Key Companies Vendor Management System (VMS) Software Product Offered
2.5 Key Companies Time to Begin Mass Production of Vendor Management System (VMS) Software
2.6 Vendor Management System (VMS) Software Market Competitive Analysis
2.6.1 Vendor Management System (VMS) Software Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Vendor Management System (VMS) Software Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Vendor Management System (VMS) Software as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Cloud Based
3.1.2 On-premises
3.2 Global Vendor Management System (VMS) Software Sales Value by Type
3.2.1 Global Vendor Management System (VMS) Software Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Vendor Management System (VMS) Software Sales Value, by Type (2020-2031)
3.2.3 Global Vendor Management System (VMS) Software Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 SMEs
4.1.2 Large Enterprises
4.2 Global Vendor Management System (VMS) Software Sales Value by Application
4.2.1 Global Vendor Management System (VMS) Software Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Vendor Management System (VMS) Software Sales Value, by Application (2020-2031)
4.2.3 Global Vendor Management System (VMS) Software Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Vendor Management System (VMS) Software Sales Value by Region
5.1.1 Global Vendor Management System (VMS) Software Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Vendor Management System (VMS) Software Sales Value by Region (2020-2025)
5.1.3 Global Vendor Management System (VMS) Software Sales Value by Region (2026-2031)
5.1.4 Global Vendor Management System (VMS) Software Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Vendor Management System (VMS) Software Sales Value, 2020-2031
5.2.2 North America Vendor Management System (VMS) Software Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Vendor Management System (VMS) Software Sales Value, 2020-2031
5.3.2 Europe Vendor Management System (VMS) Software Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Vendor Management System (VMS) Software Sales Value, 2020-2031
5.4.2 Asia Pacific Vendor Management System (VMS) Software Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Vendor Management System (VMS) Software Sales Value, 2020-2031
5.5.2 South America Vendor Management System (VMS) Software Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Vendor Management System (VMS) Software Sales Value, 2020-2031
5.6.2 Middle East & Africa Vendor Management System (VMS) Software Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Vendor Management System (VMS) Software Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Vendor Management System (VMS) Software Sales Value, 2020-2031
6.3 United States
6.3.1 United States Vendor Management System (VMS) Software Sales Value, 2020-2031
6.3.2 United States Vendor Management System (VMS) Software Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Vendor Management System (VMS) Software Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Vendor Management System (VMS) Software Sales Value, 2020-2031
6.4.2 Europe Vendor Management System (VMS) Software Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Vendor Management System (VMS) Software Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Vendor Management System (VMS) Software Sales Value, 2020-2031
6.5.2 China Vendor Management System (VMS) Software Sales Value by Type (%), 2024 VS 2031
6.5.3 China Vendor Management System (VMS) Software Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Vendor Management System (VMS) Software Sales Value, 2020-2031
6.6.2 Japan Vendor Management System (VMS) Software Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Vendor Management System (VMS) Software Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Vendor Management System (VMS) Software Sales Value, 2020-2031
6.7.2 South Korea Vendor Management System (VMS) Software Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Vendor Management System (VMS) Software Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Vendor Management System (VMS) Software Sales Value, 2020-2031
6.8.2 Southeast Asia Vendor Management System (VMS) Software Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Vendor Management System (VMS) Software Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Vendor Management System (VMS) Software Sales Value, 2020-2031
6.9.2 India Vendor Management System (VMS) Software Sales Value by Type (%), 2024 VS 2031
6.9.3 India Vendor Management System (VMS) Software Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 SAP
7.1.1 SAP Profile
7.1.2 SAP Main Business
7.1.3 SAP Vendor Management System (VMS) Software Products, Services and Solutions
7.1.4 SAP Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.1.5 SAP Recent Developments
7.2 QuickBooks
7.2.1 QuickBooks Profile
7.2.2 QuickBooks Main Business
7.2.3 QuickBooks Vendor Management System (VMS) Software Products, Services and Solutions
7.2.4 QuickBooks Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.2.5 QuickBooks Recent Developments
7.3 Airbase
7.3.1 Airbase Profile
7.3.2 Airbase Main Business
7.3.3 Airbase Vendor Management System (VMS) Software Products, Services and Solutions
7.3.4 Airbase Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.3.5 Airbase Recent Developments
7.4 Vanta
7.4.1 Vanta Profile
7.4.2 Vanta Main Business
7.4.3 Vanta Vendor Management System (VMS) Software Products, Services and Solutions
7.4.4 Vanta Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.4.5 Vanta Recent Developments
7.5 Venminder
7.5.1 Venminder Profile
7.5.2 Venminder Main Business
7.5.3 Venminder Vendor Management System (VMS) Software Products, Services and Solutions
7.5.4 Venminder Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.5.5 Venminder Recent Developments
7.6 Precoro
7.6.1 Precoro Profile
7.6.2 Precoro Main Business
7.6.3 Precoro Vendor Management System (VMS) Software Products, Services and Solutions
7.6.4 Precoro Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.6.5 Precoro Recent Developments
7.7 Productiv
7.7.1 Productiv Profile
7.7.2 Productiv Main Business
7.7.3 Productiv Vendor Management System (VMS) Software Products, Services and Solutions
7.7.4 Productiv Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.7.5 Productiv Recent Developments
7.8 Genuity
7.8.1 Genuity Profile
7.8.2 Genuity Main Business
7.8.3 Genuity Vendor Management System (VMS) Software Products, Services and Solutions
7.8.4 Genuity Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.8.5 Genuity Recent Developments
7.9 Onspring
7.9.1 Onspring Profile
7.9.2 Onspring Main Business
7.9.3 Onspring Vendor Management System (VMS) Software Products, Services and Solutions
7.9.4 Onspring Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.9.5 Onspring Recent Developments
7.10 Blissfully
7.10.1 Blissfully Profile
7.10.2 Blissfully Main Business
7.10.3 Blissfully Vendor Management System (VMS) Software Products, Services and Solutions
7.10.4 Blissfully Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.10.5 Blissfully Recent Developments
7.11 Oracle
7.11.1 Oracle Profile
7.11.2 Oracle Main Business
7.11.3 Oracle Vendor Management System (VMS) Software Products, Services and Solutions
7.11.4 Oracle Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.11.5 Oracle Recent Developments
7.12 Tradeshift
7.12.1 Tradeshift Profile
7.12.2 Tradeshift Main Business
7.12.3 Tradeshift Vendor Management System (VMS) Software Products, Services and Solutions
7.12.4 Tradeshift Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.12.5 Tradeshift Recent Developments
7.13 Beeline
7.13.1 Beeline Profile
7.13.2 Beeline Main Business
7.13.3 Beeline Vendor Management System (VMS) Software Products, Services and Solutions
7.13.4 Beeline Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.13.5 Beeline Recent Developments
7.14 Gatekeeper
7.14.1 Gatekeeper Profile
7.14.2 Gatekeeper Main Business
7.14.3 Gatekeeper Vendor Management System (VMS) Software Products, Services and Solutions
7.14.4 Gatekeeper Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.14.5 Gatekeeper Recent Developments
7.15 PRM360
7.15.1 PRM360 Profile
7.15.2 PRM360 Main Business
7.15.3 PRM360 Vendor Management System (VMS) Software Products, Services and Solutions
7.15.4 PRM360 Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.15.5 PRM360 Recent Developments
7.16 Ncontracts
7.16.1 Ncontracts Profile
7.16.2 Ncontracts Main Business
7.16.3 Ncontracts Vendor Management System (VMS) Software Products, Services and Solutions
7.16.4 Ncontracts Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.16.5 Ncontracts Recent Developments
7.17 CobbleStone
7.17.1 CobbleStone Profile
7.17.2 CobbleStone Main Business
7.17.3 CobbleStone Vendor Management System (VMS) Software Products, Services and Solutions
7.17.4 CobbleStone Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.17.5 CobbleStone Recent Developments
7.18 Kissflow
7.18.1 Kissflow Profile
7.18.2 Kissflow Main Business
7.18.3 Kissflow Vendor Management System (VMS) Software Products, Services and Solutions
7.18.4 Kissflow Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.18.5 Kissflow Recent Developments
7.19 Prokuria
7.19.1 Prokuria Profile
7.19.2 Prokuria Main Business
7.19.3 Prokuria Vendor Management System (VMS) Software Products, Services and Solutions
7.19.4 Prokuria Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.19.5 Prokuria Recent Developments
7.20 Zoho
7.20.1 Zoho Profile
7.20.2 Zoho Main Business
7.20.3 Zoho Vendor Management System (VMS) Software Products, Services and Solutions
7.20.4 Zoho Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.20.5 Zoho Recent Developments
7.21 VectorVMS
7.21.1 VectorVMS Profile
7.21.2 VectorVMS Main Business
7.21.3 VectorVMS Vendor Management System (VMS) Software Products, Services and Solutions
7.21.4 VectorVMS Vendor Management System (VMS) Software Revenue (US$ Million) & (2020-2025)
7.21.5 VectorVMS Recent Developments
8 Industry Chain Analysis
8.1 Vendor Management System (VMS) Software Industrial Chain
8.2 Vendor Management System (VMS) Software Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Vendor Management System (VMS) Software Sales Model
8.5.2 Sales Channel
8.5.3 Vendor Management System (VMS) Software Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
Table of Figures
List of Tables
List of Figures
Related Reports
A vendor management system (VMS) is an Internet-enabled, often Web-based application that acts as a mechanism for business to manage and procure staffing services – temporary, and, in some cases, permanent placement services – as well as outside contract or contingent labor.
Published Date: 2024-02-23
Pages: 150
USD 3950.00
(Single User License)
A vendor management system (VMS) is an Internet-enabled, often Web-based application that acts as a mechanism for business to manage and procure staffing services – temporary, and, in some cases, permanent placement services – as well as outside contract or contingent labor.
Published Date: 2024-04-08
Pages: 128
USD 4900.00
(Single User License)
The global market for Vendor Management System (VMS) Software was valued at US$ 5253 million in the year 2024 and is projected to reach a revised size of US$ 7751 million by 2031, growing at a CAGR of 5.8% during the forecast period.
Published Date: 2025-02-20
Pages: 110
USD 2900.00
(Single User License)
The global Vendor Management System (VMS) Software market size was US$ 5253 million in 2024 and is forecast to a readjusted size of US$ 7751 million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031.
Published Date: 2025-02-20
Pages: 120
USD 4250.00
(Single User License)
The global Vendor Management System (VMS) Software market is projected to grow from US$ 5253 million in 2024 to US$ 7751 million by 2031, at a CAGR of 5.8% (2025-2031), driven by critical product segments and diverse end‑use applications.
Published Date: 2025-10-23
Pages: 164
USD 4900.00
(Single User License)
The global Vendor Management System (VMS) Software market size was US$ 3005 million in 2025 and is forecast to reach a readjusted size of US$ 4806 million by 2032 with a CAGR of 6.7% during the forecast period 2026-2032.
Published Date: 2026-01-22
Pages: 122
USD 4250.00
(Single User License)
The global market for Vendor Management System (VMS) Software was estimated to be worth US$ 3005 million in 2025 and is projected to reach US$ 4806 million, growing at a CAGR of 6.7% from 2026 to 2032.
Published Date: 2026-01-22
Pages: 168
USD 3950.00
(Single User License)
The global Vendor Management System (VMS) Software market is projected to grow from US$ 3005 million in 2025 to US$ 4806 million by 2032, at a CAGR of 6.7% (2026-2032), driven by critical product segments and diverse end‑use applications.
Published Date: 2026-01-22
Pages: 182
USD 4900.00
(Single User License)
The global Vendor Management System (VMS) Software market was valued at US$ 3005 million in 2025 and is anticipated to reach US$ 4806 million by 2032, at a CAGR of 6.7% from 2026 to 2032.
Published Date: 2026-01-22
Pages: 170
USD 2900.00
(Single User License)
The global Vendor Management System (VMS) Software revenue was US$ 2,773.73 million in 2024 and is forecast to a readjusted size of US$ 4,431.47 million by 2031 with a CAGR of 6.69% during the review period (2025-2031).
Published Date: 2026-01-19
Pages: 284
USD 4350.00
(Single User License)
A vendor management system (VMS) is an Internet-enabled, often Web-based application that acts as a mechanism for business to manage and procure staffing services – temporary, and, in some cases, permanent placement services – as well as outside contract or contingent labor.
Published: 2024-02-23
Pages: 150
A vendor management system (VMS) is an Internet-enabled, often Web-based application that acts as a mechanism for business to manage and procure staffing services – temporary, and, in some cases, permanent placement services – as well as outside contract or contingent labor.
Published: 2024-04-08
Pages: 128
The global market for Vendor Management System (VMS) Software was valued at US$ 5253 million in the year 2024 and is projected to reach a revised size of US$ 7751 million by 2031, growing at a CAGR of 5.8% during the forecast period.
Published: 2025-02-20
Pages: 110
The global Vendor Management System (VMS) Software market size was US$ 5253 million in 2024 and is forecast to a readjusted size of US$ 7751 million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031.
Published: 2025-02-20
Pages: 120
The global Vendor Management System (VMS) Software market is projected to grow from US$ 5253 million in 2024 to US$ 7751 million by 2031, at a CAGR of 5.8% (2025-2031), driven by critical product segments and diverse end‑use applications.
Published: 2025-10-23
Pages: 164
The global Vendor Management System (VMS) Software market size was US$ 3005 million in 2025 and is forecast to reach a readjusted size of US$ 4806 million by 2032 with a CAGR of 6.7% during the forecast period 2026-2032.
Published: 2026-01-22
Pages: 122
The global market for Vendor Management System (VMS) Software was estimated to be worth US$ 3005 million in 2025 and is projected to reach US$ 4806 million, growing at a CAGR of 6.7% from 2026 to 2032.
Published: 2026-01-22
Pages: 168
The global Vendor Management System (VMS) Software market is projected to grow from US$ 3005 million in 2025 to US$ 4806 million by 2032, at a CAGR of 6.7% (2026-2032), driven by critical product segments and diverse end‑use applications.
Published: 2026-01-22
Pages: 182
The global Vendor Management System (VMS) Software market was valued at US$ 3005 million in 2025 and is anticipated to reach US$ 4806 million by 2032, at a CAGR of 6.7% from 2026 to 2032.
Published: 2026-01-22
Pages: 170
The global Vendor Management System (VMS) Software revenue was US$ 2,773.73 million in 2024 and is forecast to a readjusted size of US$ 4,431.47 million by 2031 with a CAGR of 6.69% during the review period (2025-2031).
Published: 2026-01-19
Pages: 284
REPORT COVERAGE
Market Segmentation
QYResearch's Strengths
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
Interest In This Report?
Get A Free Sample
Pre-Order Enquiry
OR
Need a Tailored Report?
Customize this report to your needs.
Customize This Report
Fact Checked
Cite this Research