Industry: Service & Software
Published Date: 2025-02-27
Pages: 107 Pages
Report ld: 4316114
Request Sample
Customized Report
Procurement Software Market Size(US$)

CAGR 2025-2031
7.7%
Market Size,2031
USD 10,720
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Procurement Software was estimated to be worth US$ 6424 million in 2024 and is forecast to a readjusted size of US$ 10720 million by 2031 with a CAGR of 7.7% during the forecast period 2025-2031.
Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.
The rising need for the automation of procurement processes will drive the growth prospects for the global procurement software market in the forthcoming years.
This report aims to provide a comprehensive presentation of the global market for Procurement Software, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Procurement Software by region & country, by Type, and by Application.
The Procurement 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 Procurement 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 Procurement 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 Procurement 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 Procurement 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 Procurement Software Product Introduction
1.2 Global Procurement Software Market Size Forecast (2020-2031)
1.3 Procurement Software Market Trends & Drivers
1.3.1 Procurement Software Industry Trends
1.3.2 Procurement Software Market Drivers & Opportunity
1.3.3 Procurement Software Market Challenges
1.3.4 Procurement Software Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Procurement Software Players Revenue Ranking (2024)
2.2 Global Procurement Software Revenue by Company (2020-2025)
2.3 Key Companies Procurement Software Manufacturing Base Distribution and Headquarters
2.4 Key Companies Procurement Software Product Offered
2.5 Key Companies Time to Begin Mass Production of Procurement Software
2.6 Procurement Software Market Competitive Analysis
2.6.1 Procurement Software Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Procurement 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 Procurement Software as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Cloud
3.1.2 On-premises
3.2 Global Procurement Software Sales Value by Type
3.2.1 Global Procurement Software Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Procurement Software Sales Value, by Type (2020-2031)
3.2.3 Global Procurement Software Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 The School
4.1.2 The Factory
4.1.3 The Hospital
4.1.4 The Supermarket
4.1.5 Other
4.2 Global Procurement Software Sales Value by Application
4.2.1 Global Procurement Software Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Procurement Software Sales Value, by Application (2020-2031)
4.2.3 Global Procurement Software Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Procurement Software Sales Value by Region
5.1.1 Global Procurement Software Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Procurement Software Sales Value by Region (2020-2025)
5.1.3 Global Procurement Software Sales Value by Region (2026-2031)
5.1.4 Global Procurement Software Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Procurement Software Sales Value, 2020-2031
5.2.2 North America Procurement Software Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Procurement Software Sales Value, 2020-2031
5.3.2 Europe Procurement Software Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Procurement Software Sales Value, 2020-2031
5.4.2 Asia Pacific Procurement Software Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Procurement Software Sales Value, 2020-2031
5.5.2 South America Procurement Software Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Procurement Software Sales Value, 2020-2031
5.6.2 Middle East & Africa Procurement Software Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Procurement Software Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Procurement Software Sales Value, 2020-2031
6.3 United States
6.3.1 United States Procurement Software Sales Value, 2020-2031
6.3.2 United States Procurement Software Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Procurement Software Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Procurement Software Sales Value, 2020-2031
6.4.2 Europe Procurement Software Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Procurement Software Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Procurement Software Sales Value, 2020-2031
6.5.2 China Procurement Software Sales Value by Type (%), 2024 VS 2031
6.5.3 China Procurement Software Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Procurement Software Sales Value, 2020-2031
6.6.2 Japan Procurement Software Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Procurement Software Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Procurement Software Sales Value, 2020-2031
6.7.2 South Korea Procurement Software Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Procurement Software Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Procurement Software Sales Value, 2020-2031
6.8.2 Southeast Asia Procurement Software Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Procurement Software Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Procurement Software Sales Value, 2020-2031
6.9.2 India Procurement Software Sales Value by Type (%), 2024 VS 2031
6.9.3 India Procurement Software Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Basware
7.1.1 Basware Profile
7.1.2 Basware Main Business
7.1.3 Basware Procurement Software Products, Services and Solutions
7.1.4 Basware Procurement Software Revenue (US$ Million) & (2020-2025)
7.1.5 Basware Recent Developments
7.2 IBM
7.2.1 IBM Profile
7.2.2 IBM Main Business
7.2.3 IBM Procurement Software Products, Services and Solutions
7.2.4 IBM Procurement Software Revenue (US$ Million) & (2020-2025)
7.2.5 IBM Recent Developments
7.3 Oracle
7.3.1 Oracle Profile
7.3.2 Oracle Main Business
7.3.3 Oracle Procurement Software Products, Services and Solutions
7.3.4 Oracle Procurement Software Revenue (US$ Million) & (2020-2025)
7.3.5 Oracle Recent Developments
7.4 PROACTIS
7.4.1 PROACTIS Profile
7.4.2 PROACTIS Main Business
7.4.3 PROACTIS Procurement Software Products, Services and Solutions
7.4.4 PROACTIS Procurement Software Revenue (US$ Million) & (2020-2025)
7.4.5 PROACTIS Recent Developments
7.5 SAP
7.5.1 SAP Profile
7.5.2 SAP Main Business
7.5.3 SAP Procurement Software Products, Services and Solutions
7.5.4 SAP Procurement Software Revenue (US$ Million) & (2020-2025)
7.5.5 SAP Recent Developments
7.6 SciQuest
7.6.1 SciQuest Profile
7.6.2 SciQuest Main Business
7.6.3 SciQuest Procurement Software Products, Services and Solutions
7.6.4 SciQuest Procurement Software Revenue (US$ Million) & (2020-2025)
7.6.5 SciQuest Recent Developments
7.7 BravoSolution
7.7.1 BravoSolution Profile
7.7.2 BravoSolution Main Business
7.7.3 BravoSolution Procurement Software Products, Services and Solutions
7.7.4 BravoSolution Procurement Software Revenue (US$ Million) & (2020-2025)
7.7.5 BravoSolution Recent Developments
7.8 BuyerQuest
7.8.1 BuyerQuest Profile
7.8.2 BuyerQuest Main Business
7.8.3 BuyerQuest Procurement Software Products, Services and Solutions
7.8.4 BuyerQuest Procurement Software Revenue (US$ Million) & (2020-2025)
7.8.5 BuyerQuest Recent Developments
7.9 Coupa Software
7.9.1 Coupa Software Profile
7.9.2 Coupa Software Main Business
7.9.3 Coupa Software Procurement Software Products, Services and Solutions
7.9.4 Coupa Software Procurement Software Revenue (US$ Million) & (2020-2025)
7.9.5 Coupa Software Recent Developments
7.10 Elcom
7.10.1 Elcom Profile
7.10.2 Elcom Main Business
7.10.3 Elcom Procurement Software Products, Services and Solutions
7.10.4 Elcom Procurement Software Revenue (US$ Million) & (2020-2025)
7.10.5 Elcom Recent Developments
7.11 Epicor
7.11.1 Epicor Profile
7.11.2 Epicor Main Business
7.11.3 Epicor Procurement Software Products, Services and Solutions
7.11.4 Epicor Procurement Software Revenue (US$ Million) & (2020-2025)
7.11.5 Epicor Recent Developments
7.12 Infor
7.12.1 Infor Profile
7.12.2 Infor Main Business
7.12.3 Infor Procurement Software Products, Services and Solutions
7.12.4 Infor Procurement Software Revenue (US$ Million) & (2020-2025)
7.12.5 Infor Recent Developments
7.13 IQNavigator
7.13.1 IQNavigator Profile
7.13.2 IQNavigator Main Business
7.13.3 IQNavigator Procurement Software Products, Services and Solutions
7.13.4 IQNavigator Procurement Software Revenue (US$ Million) & (2020-2025)
7.13.5 IQNavigator Recent Developments
7.14 Ivalua
7.14.1 Ivalua Profile
7.14.2 Ivalua Main Business
7.14.3 Ivalua Procurement Software Products, Services and Solutions
7.14.4 Ivalua Procurement Software Revenue (US$ Million) & (2020-2025)
7.14.5 Ivalua Recent Developments
7.15 JDA Software
7.15.1 JDA Software Profile
7.15.2 JDA Software Main Business
7.15.3 JDA Software Procurement Software Products, Services and Solutions
7.15.4 JDA Software Procurement Software Revenue (US$ Million) & (2020-2025)
7.15.5 JDA Software Recent Developments
8 Industry Chain Analysis
8.1 Procurement Software Industrial Chain
8.2 Procurement 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 Procurement Software Sales Model
8.5.2 Sales Channel
8.5.3 Procurement 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
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global market for Procurement Software was estimated to be worth US$ 6869 million in 2025 and is projected to reach US$ 11460 million, growing at a CAGR of 7.7% from 2026 to 2032.
Published Date: 2026-07-15
Pages: 120
USD 3950.00
(Single User License)
The global Procurement Software market was valued at US$ 6869 million in 2025 and is anticipated to reach US$ 11460 million by 2032, at a CAGR of 7.7% from 2026 to 2032.
Published Date: 2026-04-28
Pages: 114
USD 2900.00
(Single User License)
The global Procurement Software market size was US$ 6424 million in 2024 and is forecast to a readjusted size of US$ 10720 million by 2031 with a CAGR of 7.7% during the forecast period 2025-2031.
Published Date: 2025-09-06
Pages: 100
USD 4250.00
(Single User License)
The global market for Procurement Software was valued at US$ 6424 million in the year 2024 and is projected to reach a revised size of US$ 10720 million by 2031, growing at a CAGR of 7.7% during the forecast period.
Published Date: 2025-02-27
Pages: 89
USD 2900.00
(Single User License)
Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.
Published Date: 2024-04-22
Pages: 117
USD 4900.00
(Single User License)
Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.
Published Date: 2024-01-31
Pages: 97
USD 2900.00
(Single User License)
The global market for Procurement Software was estimated to be worth US$ 6869 million in 2025 and is projected to reach US$ 11460 million, growing at a CAGR of 7.7% from 2026 to 2032.
Published: 2026-07-15
Pages: 120
The global Procurement Software market was valued at US$ 6869 million in 2025 and is anticipated to reach US$ 11460 million by 2032, at a CAGR of 7.7% from 2026 to 2032.
Published: 2026-04-28
Pages: 114
The global Procurement Software market size was US$ 6424 million in 2024 and is forecast to a readjusted size of US$ 10720 million by 2031 with a CAGR of 7.7% during the forecast period 2025-2031.
Published: 2025-09-06
Pages: 100
The global market for Procurement Software was valued at US$ 6424 million in the year 2024 and is projected to reach a revised size of US$ 10720 million by 2031, growing at a CAGR of 7.7% during the forecast period.
Published: 2025-02-27
Pages: 89
Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.
Published: 2024-04-22
Pages: 117
Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.
Published: 2024-01-31
Pages: 97
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now