Industry: Service & Software
Published Date: 2025-09-06
Pages: 100 Pages
Report ld: 4995558
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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 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.
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.
The global Procurement Software market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Procurement Software market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., On-premises in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., The Factory in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Procurement Software value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 Cloud
1.2.3 On-premises
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 The School
1.3.3 The Factory
1.3.4 The Hospital
1.3.5 The Supermarket
1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Procurement Software Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Procurement Software Revenue Market Share by Region (2020-2025)
2.4 Global Procurement Software Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Procurement Software Market Size and Prospective (2020-2031)
2.5.2 Europe Procurement Software Market Size and Prospective (2020-2031)
2.5.3 China Procurement Software Market Size and Prospective (2020-2031)
2.5.4 Japan Procurement Software Market Size and Prospective (2020-2031)
2.5.5 Southeast Asia Procurement Software Market Size and Prospective (2020-2031)
2.5.6 India Procurement Software Market Size and Prospective (2020-2031)
2.5.7 Central & South America Procurement Software Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Procurement Software Historic Market Size by Type (2020-2025)
3.2 Global Procurement Software Forecasted Market Size by Type (2026-2031)
3.3 Different Types Procurement Software Representative Players
4 Breakdown Data by Application
4.1 Global Procurement Software Historic Market Size by Application (2020-2025)
4.2 Global Procurement Software Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Procurement Software Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Procurement Software Players by Revenue (2020-2025)
5.1.2 Global Procurement Software Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Procurement Software Revenue
5.4 Global Procurement Software Market Concentration Analysis
5.4.1 Global Procurement Software Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Procurement Software Revenue in 2024
5.5 Global Key Players of Procurement Software Head office and Area Served
5.6 Global Key Players of Procurement Software, Product and Application
5.7 Global Key Players of Procurement Software, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Procurement Software Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Procurement Software Market Size by Type (2020-2025)
6.1.2.2 North America Procurement Software Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Procurement Software Market Size by Application (2020-2025)
6.1.3.2 North America Procurement Software Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Procurement Software Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Procurement Software Market Size by Type (2020-2025)
6.2.2.2 Europe Procurement Software Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Procurement Software Market Size by Application (2020-2025)
6.2.3.2 Europe Procurement Software Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China Procurement Software Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China Procurement Software Market Size by Type (2020-2025)
6.3.2.2 China Procurement Software Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China Procurement Software Market Size by Application (2020-2025)
6.3.3.2 China Procurement Software Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments and Downstream
6.4.1 Japan Procurement Software Revenue by Company (2020-2025)
6.4.2 Japan Market Size by Type
6.4.2.1 Japan Procurement Software Market Size by Type (2020-2025)
6.4.2.2 Japan Procurement Software Market Share by Type (2020-2025)
6.4.3 Japan Market Size by Application
6.4.3.1 Japan Procurement Software Market Size by Application (2020-2025)
6.4.3.2 Japan Procurement Software Market Share by Application (2020-2025)
6.4.4 Japan Market Trend and Opportunities
6.5 Southeast Asia Market: Players, Segments and Downstream
6.5.1 Southeast Asia Procurement Software Revenue by Company (2020-2025)
6.5.2 Southeast Asia Market Size by Type
6.5.2.1 Southeast Asia Procurement Software Market Size by Type (2020-2025)
6.5.2.2 Southeast Asia Procurement Software Market Share by Type (2020-2025)
6.5.3 Southeast Asia Market Size by Application
6.5.3.1 Southeast Asia Procurement Software Market Size by Application (2020-2025)
6.5.3.2 Southeast Asia Procurement Software Market Share by Application (2020-2025)
6.5.4 Southeast Asia Market Trend and Opportunities
6.6 India Market: Players, Segments and Downstream
6.6.1 India Procurement Software Revenue by Company (2020-2025)
6.6.2 India Market Size by Type
6.6.2.1 India Procurement Software Market Size by Type (2020-2025)
6.6.2.2 India Procurement Software Market Share by Type (2020-2025)
6.6.3 India Market Size by Application
6.6.3.1 India Procurement Software Market Size by Application (2020-2025)
6.6.3.2 India Procurement Software Market Share by Application (2020-2025)
6.6.4 India Market Trend and Opportunities
7 Key Players Profiles
7.1 Basware
7.1.1 Basware Company Details
7.1.2 Basware Business Overview
7.1.3 Basware Procurement Software Introduction
7.1.4 Basware Revenue in Procurement Software Business (2020-2025)
7.1.5 Basware Recent Development
7.2 IBM
7.2.1 IBM Company Details
7.2.2 IBM Business Overview
7.2.3 IBM Procurement Software Introduction
7.2.4 IBM Revenue in Procurement Software Business (2020-2025)
7.2.5 IBM Recent Development
7.3 Oracle
7.3.1 Oracle Company Details
7.3.2 Oracle Business Overview
7.3.3 Oracle Procurement Software Introduction
7.3.4 Oracle Revenue in Procurement Software Business (2020-2025)
7.3.5 Oracle Recent Development
7.4 PROACTIS
7.4.1 PROACTIS Company Details
7.4.2 PROACTIS Business Overview
7.4.3 PROACTIS Procurement Software Introduction
7.4.4 PROACTIS Revenue in Procurement Software Business (2020-2025)
7.4.5 PROACTIS Recent Development
7.5 SAP
7.5.1 SAP Company Details
7.5.2 SAP Business Overview
7.5.3 SAP Procurement Software Introduction
7.5.4 SAP Revenue in Procurement Software Business (2020-2025)
7.5.5 SAP Recent Development
7.6 SciQuest
7.6.1 SciQuest Company Details
7.6.2 SciQuest Business Overview
7.6.3 SciQuest Procurement Software Introduction
7.6.4 SciQuest Revenue in Procurement Software Business (2020-2025)
7.6.5 SciQuest Recent Development
7.7 BravoSolution
7.7.1 BravoSolution Company Details
7.7.2 BravoSolution Business Overview
7.7.3 BravoSolution Procurement Software Introduction
7.7.4 BravoSolution Revenue in Procurement Software Business (2020-2025)
7.7.5 BravoSolution Recent Development
7.8 BuyerQuest
7.8.1 BuyerQuest Company Details
7.8.2 BuyerQuest Business Overview
7.8.3 BuyerQuest Procurement Software Introduction
7.8.4 BuyerQuest Revenue in Procurement Software Business (2020-2025)
7.8.5 BuyerQuest Recent Development
7.9 Coupa Software
7.9.1 Coupa Software Company Details
7.9.2 Coupa Software Business Overview
7.9.3 Coupa Software Procurement Software Introduction
7.9.4 Coupa Software Revenue in Procurement Software Business (2020-2025)
7.9.5 Coupa Software Recent Development
7.10 Elcom
7.10.1 Elcom Company Details
7.10.2 Elcom Business Overview
7.10.3 Elcom Procurement Software Introduction
7.10.4 Elcom Revenue in Procurement Software Business (2020-2025)
7.10.5 Elcom Recent Development
7.11 Epicor
7.11.1 Epicor Company Details
7.11.2 Epicor Business Overview
7.11.3 Epicor Procurement Software Introduction
7.11.4 Epicor Revenue in Procurement Software Business (2020-2025)
7.11.5 Epicor Recent Development
7.12 Infor
7.12.1 Infor Company Details
7.12.2 Infor Business Overview
7.12.3 Infor Procurement Software Introduction
7.12.4 Infor Revenue in Procurement Software Business (2020-2025)
7.12.5 Infor Recent Development
7.13 IQNavigator
7.13.1 IQNavigator Company Details
7.13.2 IQNavigator Business Overview
7.13.3 IQNavigator Procurement Software Introduction
7.13.4 IQNavigator Revenue in Procurement Software Business (2020-2025)
7.13.5 IQNavigator Recent Development
7.14 Ivalua
7.14.1 Ivalua Company Details
7.14.2 Ivalua Business Overview
7.14.3 Ivalua Procurement Software Introduction
7.14.4 Ivalua Revenue in Procurement Software Business (2020-2025)
7.14.5 Ivalua Recent Development
7.15 JDA Software
7.15.1 JDA Software Company Details
7.15.2 JDA Software Business Overview
7.15.3 JDA Software Procurement Software Introduction
7.15.4 JDA Software Revenue in Procurement Software Business (2020-2025)
7.15.5 JDA Software Recent Development
8 Procurement Software Market Dynamics
8.1 Procurement Software Industry Trends
8.2 Procurement Software Market Drivers
8.3 Procurement Software Market Challenges
8.4 Procurement Software Market Restraints
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
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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