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).
In Japan the Vendor Management System (VMS) Software revenue is expected to grow from US$ 102.46 million in 2024 to US$ 147.80 million by 2031, at a CAGR of 5.42% during the forecast period (2025-2031).
This report focuses on global and Japan Vendor Management System (VMS) Software market, also covers the segmentation data of other regions in regional level and county level.
The global key players of Vendor Management System (VMS) Software include SAP, AgileOne (ActOne Group), Magnit, Beeline, Oracle, Workday, GEP, Coupa, Ncontracts, Ceipal, Pixid Group, SimplifyVMS, Tradeshift, Vanta, Trio Workforce Solutions, BridgeVMS, Ivalua, Gatekeeper, Paylocity, etc. The global five biggest players hold a share of 54.83 % in 2024.
Global Vendor Management System (VMS) Software Scope and Market Size
Vendor Management System (VMS) Software market is segmented in regional and country level, by players, by Type, and by Application. Players, stakeholders, and other participants in the global Vendor Management System (VMS) Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2020-2031.
For Japan market, this report focuses on the Vendor Management System (VMS) Software market size by players, by Type, and by Application, for the period 2020-2031. The key players include the global and local players which play important roles in Japan.
Market Segmentation
Chapter Outline
Chapter 1: Introduces Vendor Management System (VMS) Software definition, global market size, Japan market size, Japan percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of Vendor Management System (VMS) Software companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue of Vendor Management System (VMS) Software in global and 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 of each country in the world.
Chapter 6: Americas by Type, by Application and by country, revenue for each segment.
Chapter 7: EMEA by Type, by Application and by region, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: APAC (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Vendor Management System (VMS) Software revenue, gross margin, and recent development, etc.
Chapter 11: Analyst's Viewpoints/Conclusions
Table of Content
1 Study Coverage 1
1.1 Vendor Management System (VMS) Software Product Introduction 1
1.2 Global Vendor Management System (VMS) Software Outlook, 2020 VS 2024 VS 2031 2
1.2.1 Global Vendor Management System (VMS) Software Market Size for the Year 2020-2031 2
1.2.2 Japan Vendor Management System (VMS) Software Market Size for the Year 2020-2031 3
1.3 Vendor Management System (VMS) Software Market Size, Japan VS Global, 2020 VS 2024 VS 2031 5
1.3.1 The Market Share of Japan Vendor Management System (VMS) Software in Global, 2020 VS 2024 VS 2031 5
1.3.2 The Growth Rate of Vendor Management System (VMS) Software Market Size, Japan VS Global, 2020 VS 2024 VS 2031 5
1.4 Vendor Management System (VMS) Software Market Dynamics 6
1.4.1 Vendor Management System (VMS) Software Industry Trends 6
1.4.2 Vendor Management System (VMS) Software Market Drivers 7
1.4.3 Vendor Management System (VMS) Software Market Challenges 8
1.4.4 Vendor Management System (VMS) Software Market Restraints 9
1.5 Assumptions and Limitations 9
1.6 Study Objectives 10
1.7 Years Considered 11
2 Vendor Management System (VMS) Software by Type 12
2.1 Vendor Management System (VMS) Software Market by Type 12
2.1.1 Cloud Based 12
2.1.2 On-premises 13
2.2 Global Vendor Management System (VMS) Software Market Size by Type (2020, 2024 & 2031) 14
2.3 Global Vendor Management System (VMS) Software Market Size by Type (2020-2031) 16
2.4 Japan Vendor Management System (VMS) Software Market Size by Type (2020, 2024 & 2031) 17
2.5 Japan Vendor Management System (VMS) Software Market Size by Type (2020-2031) 18
3 Vendor Management System (VMS) Software by Application 20
3.1 Vendor Management System (VMS) Software Market by Application 20
3.1.1 BFSI & Professional Services 20
3.1.2 Healthcare & Life Sciences 21
3.1.3 IT & High-Tech 22
3.1.4 Manufacturing & Energy 23
3.1.5 Retail & Logistics 24
3.1.6 Construction & Engineering 25
3.1.7 Others 26
3.2 Global Vendor Management System (VMS) Software Market Size, by Application (2020, 2024 & 2031) 27
3.3 Global Vendor Management System (VMS) Software Market Size by Application (2020-2031) 29
3.4 Japan Vendor Management System (VMS) Software Market Size by Application (2020, 2024 & 2031) 30
3.5 Japan Vendor Management System (VMS) Software Market Size by Application (2020-2031) 32
4 Global Vendor Management System (VMS) Software Competitor Landscape by Company 33
4.1 Global Vendor Management System (VMS) Software Market Size by Company 33
4.1.1 Global Key Companies of Vendor Management System (VMS) Software, Ranked by Revenue (2024) 33
4.1.2 Global Vendor Management System (VMS) Software Revenue by Player (2020-2025) 34
4.2 Global Vendor Management System (VMS) Software Concentration Ratio (CR) 37
4.2.1 Vendor Management System (VMS) Software Market Concentration Ratio (CR) (2020-2025) 37
4.2.2 Global Top 5 Largest Companies of Vendor Management System (VMS) Software in 2024 38
4.2.3 Global Vendor Management System (VMS) Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 38
4.3 Global Key Players of Vendor Management System (VMS) Software Head office and Area Served 40
4.4 Global Key Players of Vendor Management System (VMS) Software Product Type 41
4.5 Established Date of Global Key Players in Vendor Management System (VMS) Software Market 43
4.6 Companies Mergers & Acquisitions, Expansion Plans 44
4.7 Japan Vendor Management System (VMS) Software Market Size by Company 49
4.7.1 Key Players of Vendor Management System (VMS) Software in Japan, Ranked by Revenue (2024) 49
4.7.2 Japan Vendor Management System (VMS) Software Revenue by Players (2023, 2024 & 2025) 49
5 Global Vendor Management System (VMS) Software Market Size by Region 51
5.1 Global Vendor Management System (VMS) Software Market Size by Region: 2020 VS 2024 VS 2031 51
5.2 Global Vendor Management System (VMS) Software Market Size by Region (2020-2031) 53
5.2.1 Global Vendor Management System (VMS) Software Market Size by Region: 2020-2025 53
5.2.2 Global Vendor Management System (VMS) Software Market Size by Region: 2026-2031 53
6 Americas 55
6.1 Americas Vendor Management System (VMS) Software Market Size YoY Growth 2020-2031 55
6.2 Americas Vendor Management System (VMS) Software Market Size by Type 55
6.2.1 Americas Vendor Management System (VMS) Software Market Size by Type (2020-2025) 55
6.2.2 Americas Vendor Management System (VMS) Software Market Size by Type (2026-2031) 56
6.2.3 Americas Vendor Management System (VMS) Software Market Share by Type (2020-2031) 57
6.3 Americas Vendor Management System (VMS) Software Market Size by Application 57
6.3.1 Americas Vendor Management System (VMS) Software Market Size by Application (2020-2025) 57
6.3.2 Americas Vendor Management System (VMS) Software Market Size by Application (2026-2031) 58
6.3.3 Americas Vendor Management System (VMS) Software Market Share by Application (2020-2031) 59
6.4 Americas Vendor Management System (VMS) Software Market Facts & Figures by Country (2020, 2024 & 2031) 59
6.4.1 United States 61
6.4.2 Canada 61
6.4.3 Mexico 62
6.4.4 Brazil 62
7 EMEA 63
7.1 EMEA Vendor Management System (VMS) Software Market Size YoY Growth 2020-2031 63
7.2 EMEA Vendor Management System (VMS) Software Market Size by Type 63
7.2.1 EMEA Vendor Management System (VMS) Software Market Size by Type (2020-2025) 63
7.2.2 EMEA Vendor Management System (VMS) Software Market Size by Type (2026-2031) 64
7.2.3 EMEA Vendor Management System (VMS) Software Market Share by Type (2020-2031) 65
7.3 EMEA Vendor Management System (VMS) Software Market Size by Application 65
7.3.1 EMEA Vendor Management System (VMS) Software Market Size by Application (2020-2025) 65
7.3.2 EMEA Vendor Management System (VMS) Software Market Size by Application (2026-2031) 66
7.3.3 EMEA Vendor Management System (VMS) Software Market Share by Application (2020-2031) 67
7.4 EMEA Vendor Management System (VMS) Software Market Facts & Figures by Region (2020, 2024 & 2031) 67
7.4.1 Europe 69
7.4.2 Middle East 69
7.4.3 Africa 70
8 Japan 71
8.1 Japan Vendor Management System (VMS) Software Market Size YoY Growth 2020-2031 71
8.2 Japan Vendor Management System (VMS) Software Market Size by Type 71
8.2.1 Japan Vendor Management System (VMS) Software Market Size by Type (2020-2025) 71
8.2.2 Japan Vendor Management System (VMS) Software Market Size by Type (2026-2031) 72
8.2.3 Japan Vendor Management System (VMS) Software Market Share by Type (2020-2031) 73
8.3 Japan Vendor Management System (VMS) Software Market Size by Application 73
8.3.1 Japan Vendor Management System (VMS) Software Market Size by Application (2020-2025) 73
8.3.2 Japan Vendor Management System (VMS) Software Market Size by Application (2026-2031) 74
8.3.3 Japan Vendor Management System (VMS) Software Market Share by Application (2020-2031) 75
9 APAC (excluding Japan) 76
9.1 APAC Vendor Management System (VMS) Software Market Size YoY Growth 2020-2031 76
9.2 APAC Vendor Management System (VMS) Software Market Size by Type 76
9.2.1 APAC Vendor Management System (VMS) Software Market Size by Type (2020-2025) 76
9.2.2 APAC Vendor Management System (VMS) Software Market Size by Type (2026-2031) 77
9.2.3 APAC Vendor Management System (VMS) Software Market Share by Type (2020-2031) 78
9.3 APAC Vendor Management System (VMS) Software Market Size by Application 78
9.3.1 APAC Vendor Management System (VMS) Software Market Size by Application (2020-2025) 78
9.3.2 APAC Vendor Management System (VMS) Software Market Size by Application (2026-2031) 79
9.3.3 APAC Vendor Management System (VMS) Software Market Share by Application (2020-2031) 80
9.4 APAC Vendor Management System (VMS) Software Market Facts & Figures by Region (2020, 2024 & 2031) 80
9.4.1 China 82
9.4.2 South Korea 82
9.4.3 ASEAN 83
9.4.4 India 83
10 Key Players Profiles 84
10.1 SAP 84
10.1.1 SAP Company Details 84
10.1.2 SAP Business Overview 85
10.1.3 SAP Vendor Management System (VMS) Software Introduction 86
10.1.4 SAP Revenue in Vendor Management System (VMS) Software Business (2020-2025) 88
10.1.5 SAP Recent Development 89
10.2 AgileOne (ActOne Group) 90
10.2.1 AgileOne (ActOne Group) Company Details 90
10.2.2 AgileOne (ActOne Group) Business Overview 91
10.2.3 AgileOne (ActOne Group) Vendor Management System (VMS) Software Introduction 91
10.2.4 AgileOne (ActOne Group) Revenue in Vendor Management System (VMS) Software Business (2020-2025) 93
10.3 Magnit 93
10.3.1 Magnit Company Details 94
10.3.2 Magnit Business Overview 94
10.3.3 Magnit Vendor Management System (VMS) Software Introduction 95
10.3.4 Magnit Revenue in Vendor Management System (VMS) Software Business (2020-2025) 97
10.3.5 Magnit Recent Development 98
10.4 Beeline 99
10.4.1 Beeline Company Details 99
10.4.2 Beeline Business Overview 100
10.4.3 Beeline Vendor Management System (VMS) Software Introduction 101
10.4.4 Beeline Revenue in Vendor Management System (VMS) Software Business (2020-2025) 105
10.4.5 Beeline Recent Development 106
10.5 Oracle 107
10.5.1 Oracle Company Details 107
10.5.2 Oracle Business Overview 107
10.5.3 Oracle Vendor Management System (VMS) Software Introduction 108
10.5.4 Oracle Revenue in Vendor Management System (VMS) Software Business (2020-2025) 109
10.5.5 Oracle Recent Development 110
10.6 Workday 110
10.6.1 Workday Company Details 111
10.6.2 Workday Business Overview 111
10.6.3 Workday Vendor Management System (VMS) Software Introduction 112
10.6.4 Workday Revenue in Vendor Management System (VMS) Software Business (2020-2025) 115
10.6.5 Workday Recent Development 116
10.7 GEP 117
10.7.1 GEP Company Details 117
10.7.2 GEP Business Overview 117
10.7.3 GEP Vendor Management System (VMS) Software Introduction 118
10.7.4 GEP Revenue in Vendor Management System (VMS) Software Business (2020-2025) 121
10.7.5 GEP Recent Development 122
10.8 Coupa 122
10.8.1 Coupa Company Details 122
10.8.2 Coupa Business Overview 123
10.8.3 Coupa Vendor Management System (VMS) Software Introduction 123
10.8.4 Coupa Revenue in Vendor Management System (VMS) Software Business (2020-2025) 125
10.8.5 Coupa Recent Development 126
10.9 Ncontracts 127
10.9.1 Ncontracts Company Details 127
10.9.2 Ncontracts Business Overview 127
10.9.3 Ncontracts Vendor Management System (VMS) Software Introduction 128
10.9.4 Ncontracts Revenue in Vendor Management System (VMS) Software Business (2020-2025) 136
10.9.5 Ncontracts Recent Development 137
10.10 Ceipal 137
10.10.1 Ceipal Company Details 138
10.10.2 Ceipal Business Overview 138
10.10.3 Ceipal Vendor Management System (VMS) Software Introduction 138
10.10.4 Ceipal Revenue in Vendor Management System (VMS) Software Business (2020-2025) 142
10.10.5 Ceipal Recent Development 143
10.11 Pixid Group 144
10.11.1 Pixid Group Company Details 144
10.11.2 Pixid Group Business Overview 144
10.11.3 Pixid Group Vendor Management System (VMS) Software Introduction 145
10.11.4 Pixid Group Revenue in Vendor Management System (VMS) Software Business (2020-2025) 151
10.11.5 Pixid Group Recent Development 152
10.12 SimplifyVMS 152
10.12.1 SimplifyVMS Company Details 152
10.12.2 SimplifyVMS Business Overview 153
10.12.3 SimplifyVMS Vendor Management System (VMS) Software Introduction 153
10.12.4 SimplifyVMS Revenue in Vendor Management System (VMS) Software Business (2020-2025) 155
10.13 Tradeshift 156
10.13.1 Tradeshift Company Details 156
10.13.2 Tradeshift Business Overview 157
10.13.3 Tradeshift Vendor Management System (VMS) Software Introduction 158
10.13.4 Tradeshift Revenue in Vendor Management System (VMS) Software Business (2020-2025) 160
10.14 Vanta 161
10.14.1 Vanta Company Details 161
10.14.2 Vanta Business Overview 161
10.14.3 Vanta Vendor Management System (VMS) Software Introduction 163
10.14.4 Vanta Revenue in Vendor Management System (VMS) Software Business (2020-2025) 167
10.14.5 Vanta Recent Development 168
10.15 Trio Workforce Solutions 168
10.15.1 Trio Workforce Solutions Company Details 168
10.15.2 Trio Workforce Solutions Business Overview 169
10.15.3 Trio Workforce Solutions Vendor Management System (VMS) Software Introduction 169
10.15.4 Trio Workforce Solutions Revenue in Vendor Management System (VMS) Software Business (2020-2025) 170
10.15.5 Trio Workforce Solutions Recent Development 171
10.16 BridgeVMS 172
10.16.1 BridgeVMS Company Details 172
10.16.2 BridgeVMS Business Overview 172
10.16.3 BridgeVMS Vendor Management System (VMS) Software Introduction 173
10.16.4 BridgeVMS Revenue in Vendor Management System (VMS) Software Business (2020-2025) 175
10.17 Ivalua 175
10.17.1 Ivalua Company Details 176
10.17.2 Ivalua Business Overview 176
10.17.3 Ivalua Vendor Management System (VMS) Software Introduction 176
10.17.4 Ivalua Revenue in Vendor Management System (VMS) Software Business (2020-2025) 180
10.18 Gatekeeper 180
10.18.1 Gatekeeper Company Details 181
10.18.2 Gatekeeper Business Overview 181
10.18.3 Gatekeeper Vendor Management System (VMS) Software Introduction 181
10.18.4 Gatekeeper Revenue in Vendor Management System (VMS) Software Business (2020-2025) 184
10.18.5 Gatekeeper Recent Development 185
10.19 Paylocity 186
10.19.1 Paylocity Company Details 186
10.19.2 Paylocity Business Overview 186
10.19.3 Paylocity Vendor Management System (VMS) Software Introduction 187
10.19.4 Paylocity Revenue in Vendor Management System (VMS) Software Business (2020-2025) 190
10.19.5 Paylocity Recent Development 191
10.20 Prosperix 192
10.20.1 Prosperix Company Details 192
10.20.2 Prosperix Business Overview 193
10.20.3 Prosperix Vendor Management System (VMS) Software Introduction 194
10.20.4 Prosperix Revenue in Vendor Management System (VMS) Software Business (2020-2025) 202
10.20.5 Prosperix Recent Development 202
10.21 DirectSkills (zvoove) 203
10.21.1 DirectSkills (zvoove) Company Details 203
10.21.2 DirectSkills (zvoove) Business Overview 204
10.21.3 DirectSkills (zvoove) Vendor Management System (VMS) Software Introduction 204
10.21.4 DirectSkills (zvoove) Revenue in Vendor Management System (VMS) Software Business (2020-2025) 208
10.21.5 DirectSkills (zvoove) Recent Development 209
10.22 Flextrack 209
10.22.1 Flextrack Company Details 210
10.22.2 Flextrack Business Overview 210
10.22.3 Flextrack Vendor Management System (VMS) Software Introduction 211
10.22.4 Flextrack Revenue in Vendor Management System (VMS) Software Business (2020-2025) 214
10.22.5 Flextrack Recent Development 215
10.23 Netive VMS 215
10.23.1 Netive VMS Company Details 216
10.23.2 Netive VMS Business Overview 216
10.23.3 Netive VMS Vendor Management System (VMS) Software Introduction 217
10.23.4 Netive VMS Revenue in Vendor Management System (VMS) Software Business (2020-2025) 222
10.23.5 Netive VMS Recent Development 223
10.24 CobbleStone 224
10.24.1 CobbleStone Company Details 224
10.24.2 CobbleStone Business Overview 224
10.24.3 CobbleStone Vendor Management System (VMS) Software Introduction 225
10.24.4 CobbleStone Revenue in Vendor Management System (VMS) Software Business (2020-2025) 227
10.25 Onspring 228
10.25.1 Onspring Company Details 228
10.25.2 Onspring Business Overview 229
10.25.3 Onspring Vendor Management System (VMS) Software Introduction 229
10.25.4 Onspring Revenue in Vendor Management System (VMS) Software Business (2020-2025) 230
10.25.5 Onspring Recent Development 231
10.26 Flentis 232
10.26.1 Flentis Company Details 232
10.26.2 Flentis Business Overview 232
10.26.3 Flentis Vendor Management System (VMS) Software Introduction 233
10.26.4 Flentis Revenue in Vendor Management System (VMS) Software Business (2020-2025) 235
10.27 Kissflow 235
10.27.1 Kissflow Company Details 236
10.27.2 Kissflow Business Overview 236
10.27.3 Kissflow Vendor Management System (VMS) Software Introduction 237
10.27.4 Kissflow Revenue in Vendor Management System (VMS) Software Business (2020-2025) 239
10.28 Conexis VMS 240
10.28.1 Conexis VMS Company Details 240
10.28.2 Conexis VMS Business Overview 241
10.28.3 Conexis VMS Vendor Management System (VMS) Software Introduction 241
10.28.4 Conexis VMS Revenue in Vendor Management System (VMS) Software Business (2020-2025) 243
10.29 Eqip 244
10.29.1 Eqip Company Details 244
10.29.2 Eqip Business Overview 245
10.29.3 Eqip Vendor Management System (VMS) Software Introduction 245
10.29.4 Eqip Revenue in Vendor Management System (VMS) Software Business (2020-2025) 246
11 Research Findings and Conclusion 248
12 Appendix 250
12.1 Research Methodology 250
12.1.1 Methodology/Research Approach 250
12.1.2 Data Source 253
12.2 Author Details 256
12.3 Disclaimer 257
List of Tables
Table 1. Vendor Management System (VMS) Software Market Size, Japan VS Global, CAGR (2020 VS 2024 VS 2031) 5
Table 2. Vendor Management System (VMS) Software Market Trends 6
Table 3. Vendor Management System (VMS) Software Market Drivers 7
Table 4. Vendor Management System (VMS) Software Market Challenges 8
Table 5. Vendor Management System (VMS) Software Market Restraints 9
Table 6. Global Vendor Management System (VMS) Software Market Size Growth Rate (CAGR) by Type: 2020 VS 2024 VS 2031 (US$ Million) 14
Table 7. Japan Vendor Management System (VMS) Software Market Size by Type: 2020 VS 2024 VS 2031 (US$ Million) 17
Table 8. Global Vendor Management System (VMS) Software Market Size Growth Rate (CAGR) by Application: 2020 VS 2024 VS 2031 (US$ Million) 27
Table 9. Japan Vendor Management System (VMS) Software Market Size by Application: 2020 VS 2024 VS 2031 (US$ Million) 30
Table 10. Global Key Companies of Vendor Management System (VMS) Software, Ranked by Revenue (2024) & (US$ Million) 33
Table 11. Global Vendor Management System (VMS) Software Revenue by Player, (US$ Million), 2020-2025 34
Table 12. Global Vendor Management System (VMS) Software Revenue Share by Player, 2020-2025 36
Table 13. Global Vendor Management System (VMS) Software Companies Market Concentration Ratio (CR5) 37
Table 14. Global Vendor Management System (VMS) Software by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Vendor Management System (VMS) Software as of 2024) 39
Table 15. Global Key Players of Vendor Management System (VMS) Software, Headquarters and Area Served 40
Table 16. Global Key Players of Vendor Management System (VMS) Software Product Type 41
Table 17. Established Date of Global Key Players in Vendor Management System (VMS) Software Market 43
Table 18. Companies Mergers & Acquisitions, Expansion Plans 44
Table 19. Key Players of Vendor Management System (VMS) Software in Japan, Ranked by Revenue (2024) & (US$ Million) 49
Table 20. Japan Vendor Management System (VMS) Software Revenue by Players, (US$ Million), 2023, 2024 & 2025 49
Table 21. Japan Vendor Management System (VMS) Software Revenue Share by Players, 2023, 2024 & 2025 50
Table 22. Global Vendor Management System (VMS) Software Market Size Growth Rate (CAGR) by Region (US$ Million): 2020 VS 2024 VS 2031 51
Table 23. Global Vendor Management System (VMS) Software Market Size by Region (2020-2025) & (US$ Million) 53
Table 24. Global Vendor Management System (VMS) Software Market Size Forecast by Region (2026-2031) & (US$ Million) 53
Table 25. Americas Vendor Management System (VMS) Software Market Size by Type (2020-2025) & (US$ Million) 55
Table 26. Americas Vendor Management System (VMS) Software Market Size by Type (2026-2031) & (US$ Million) 56
Table 27. Americas Vendor Management System (VMS) Software Market Size by Application (2020-2025) & (US$ Million) 57
Table 28. Americas Vendor Management System (VMS) Software Market Size by Application (2026-2031) & (US$ Million) 58
Table 29. Americas Vendor Management System (VMS) Software Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031 59
Table 30. Americas Vendor Management System (VMS) Software Market Size by Country (2020-2025) & (US$ Million) 60
Table 31. Americas Vendor Management System (VMS) Software Market Size by Country (2026-2031) & (US$ Million) 60
Table 32. EMEA Vendor Management System (VMS) Software Market Size by Type (2020-2025) & (US$ Million) 63
Table 33. EMEA Vendor Management System (VMS) Software Market Size by Type (2026-2031) & (US$ Million) 64
Table 34. EMEA Vendor Management System (VMS) Software Market Size by Application (2020-2025) & (US$ Million) 65
Table 35. EMEA Vendor Management System (VMS) Software Market Size by Application (2026-2031) & (US$ Million) 66
Table 36. EMEA Vendor Management System (VMS) Software Market Size Growth Rate (CAGR) by Region (US$ Million): 2020 VS 2024 VS 2031 67
Table 37. EMEA Vendor Management System (VMS) Software Market Size by Region (2020-2025) & (US$ Million) 68
Table 38. EMEA Vendor Management System (VMS) Software Market Size by Region (2026-2031) & (US$ Million) 68
Table 39. Japan Vendor Management System (VMS) Software Market Size by Type (2020-2025) & (US$ Million) 71
Table 40. Japan Vendor Management System (VMS) Software Market Size by Type (2026-2031) & (US$ Million) 72
Table 41. Japan Vendor Management System (VMS) Software Market Size by Application (2020-2025) & (US$ Million) 73
Table 42. Japan Vendor Management System (VMS) Software Market Size by Application (2026-2031) & (US$ Million) 74
Table 43. APAC Vendor Management System (VMS) Software Market Size by Type (2020-2025) & (US$ Million) 76
Table 44. APAC Vendor Management System (VMS) Software Market Size by Type (2026-2031) & (US$ Million) 77
Table 45. APAC Vendor Management System (VMS) Software Market Size by Application (2020-2025) & (US$ Million) 78
Table 46. APAC Vendor Management System (VMS) Software Market Size by Application (2026-2031) & (US$ Million) 79
Table 47. APAC Vendor Management System (VMS) Software Market Size Growth Rate (CAGR) by Region (US$ Million): 2020 VS 2024 VS 2031 80
Table 48. APAC Vendor Management System (VMS) Software Market Size by Region (2026-2031) & (US$ Million) 81
Table 49. APAC Vendor Management System (VMS) Software Market Size by Region (2026-2031) & (US$ Million) 81
Table 50. SAP Company Details 84
Table 51. SAP Business Overview 85
Table 52. SAP Vendor Management System (VMS) Software Product 86
Table 53. SAP Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 88
Table 54. SAP Recent Development 89
Table 55. AgileOne (ActOne Group) Company Details 90
Table 56. AgileOne (ActOne Group) Business Overview 91
Table 57. AgileOne (ActOne Group) Vendor Management System (VMS) Software Product 91
Table 58. AgileOne (ActOne Group) Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 93
Table 59. Magnit Company Details 94
Table 60. Magnit Business Overview 94
Table 61. Magnit Vendor Management System (VMS) Software Product 95
Table 62. Magnit Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 97
Table 63. Magnit Recent Development 98
Table 64. Beeline Company Details 99
Table 65. Beeline Business Overview 100
Table 66. Beeline Vendor Management System (VMS) Software Product 101
Table 67. Beeline Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 105
Table 68. Beeline Recent Development 106
Table 69. Oracle Company Details 107
Table 70. Oracle Business Overview 107
Table 71. Oracle Vendor Management System (VMS) Software Product 108
Table 72. Oracle Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 109
Table 73. Oracle Recent Development 110
Table 74. Workday Company Details 111
Table 75. Workday Business Overview 111
Table 76. Workday Vendor Management System (VMS) Software Product 112
Table 77. Workday Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 115
Table 78. Workday Recent Development 116
Table 79. GEP Company Details 117
Table 80. GEP Business Overview 117
Table 81. GEP Vendor Management System (VMS) Software Product 118
Table 82. GEP Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 121
Table 83. GEP Recent Development 122
Table 84. Coupa Company Details 122
Table 85. Coupa Business Overview 123
Table 86. Coupa Vendor Management System (VMS) Software Product 123
Table 87. Coupa Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 125
Table 88. Coupa Recent Development 126
Table 89. Ncontracts Company Details 127
Table 90. Ncontracts Business Overview 127
Table 91. Ncontracts Vendor Management System (VMS) Software Product 128
Table 92. Ncontracts Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 136
Table 93. Ncontracts Recent Development 137
Table 94. Ceipal Company Details 138
Table 95. Ceipal Business Overview 138
Table 96. Ceipal Vendor Management System (VMS) Software Product 138
Table 97. Ceipal Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 142
Table 98. Ceipal Recent Development 143
Table 99. Pixid Group Company Details 144
Table 100. Pixid Group Business Overview 144
Table 101. Pixid Group Vendor Management System (VMS) Software Product 145
Table 102. Pixid Group Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 151
Table 103. Pixid Group Recent Development 152
Table 104. SimplifyVMS Company Details 152
Table 105. SimplifyVMS Business Overview 153
Table 106. SimplifyVMS Vendor Management System (VMS) Software Product 153
Table 107. SimplifyVMS Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 155
Table 108. Tradeshift Company Details 156
Table 109. Tradeshift Business Overview 157
Table 110. Tradeshift Vendor Management System (VMS) Software Product 158
Table 111. Tradeshift Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 160
Table 112. Vanta Company Details 161
Table 113. Vanta Business Overview 161
Table 114. Vanta Vendor Management System (VMS) Software Product 163
Table 115. Vanta Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 167
Table 116. Vanta Recent Development 168
Table 117. Trio Workforce Solutions Company Details 168
Table 118. Trio Workforce Solutions Business Overview 169
Table 119. Trio Workforce Solutions Vendor Management System (VMS) Software Product 169
Table 120. Trio Workforce Solutions Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 170
Table 121. Trio Workforce Solutions Recent Development 171
Table 122. BridgeVMS Company Details 172
Table 123. BridgeVMS Business Overview 172
Table 124. BridgeVMS Vendor Management System (VMS) Software Product 173
Table 125. BridgeVMS Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 175
Table 126. Ivalua Company Details 176
Table 127. Ivalua Business Overview 176
Table 128. Ivalua Vendor Management System (VMS) Software Product 176
Table 129. Ivalua Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 180
Table 130. Gatekeeper Company Details 181
Table 131. Gatekeeper Business Overview 181
Table 132. Gatekeeper Vendor Management System (VMS) Software Product 181
Table 133. Gatekeeper Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 184
Table 134. Gatekeeper Recent Development 185
Table 135. Paylocity Company Details 186
Table 136. Paylocity Business Overview 186
Table 137. Paylocity Vendor Management System (VMS) Software Product 187
Table 138. Paylocity Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 190
Table 139. Paylocity Recent Development 191
Table 140. Prosperix Company Details 192
Table 141. Prosperix Business Overview 193
Table 142. Prosperix Vendor Management System (VMS) Software Product 194
Table 143. Prosperix Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 202
Table 144. Prosperix Recent Development 202
Table 145. DirectSkills (zvoove) Company Details 203
Table 146. DirectSkills (zvoove) Business Overview 204
Table 147. DirectSkills (zvoove) Vendor Management System (VMS) Software Product 204
Table 148. DirectSkills (zvoove) Revenue in Vendor Management System (VMS) Software Business (2020-2025) & (US$ Million) 208
Tab
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Table of Contents
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List of Tables
List of Figures
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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.
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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.
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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.
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