Industry: Service & Software
Published Date: 2026-07-15
Pages: 120 Pages
Report ld: 6972468
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Procurement Software Market Size(US$)

CAGR 2026-2032
7.7%
Market Size,2032
USD 11,460
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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.
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 provides a comprehensive view of the global market for Procurement Software, covering total sales revenue, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Procurement Software market size, estimations, and forecasts are presented in terms of sales revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Procurement Software.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value). It also summarizes market dynamics and recent developments; identifies key drivers and restraints; outlines challenges and risks for players; reviews relevant industry policies.
Chapter 2: Provides a detailed analysis of the Procurement Software companies' competitive landscape—including revenue shares, recent development plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Procurement Software revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Procurement Software revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product revenue, gross margin, product portfolios, recent developments, etc.
Chapter 8: Analysis of Value 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 (2021–2032)
1.3 Procurement Software Market Trends & Drivers
1.3.1 Procurement Software Industry Trends
1.3.2 Procurement Software Market Drivers & Opportunities
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 (2025)
2.2 Global Procurement Software Revenue by Company (2021–2026)
2.3 Key Companies’ R&D and Operations Footprint and Headquarters
2.4 Key Companies Procurement Software Product Offerings
2.5 Key Companies General Availability (GA) Timeline for Procurement Software
2.6 Procurement Software Market Competitive Analysis
2.6.1 Procurement Software Market Concentration Rate (2021–2026)
2.6.2 Top 5 and Top 10 Global Companies by Procurement Software Revenue in 2025
2.6.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Procurement Software revenue, 2025
2.7 Mergers & Acquisitions and Expansion
3 Segmentation Procurement Software Market Classification
3.1 Introduction by Type
3.1.1 Cloud
3.1.2 On-premises
3.1.3 Global Procurement Software Sales Value by Type
3.1.3.1 Global Procurement Software Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global Procurement Software Sales Value, by Type (2021–2032)
3.1.3.3 Global Procurement Software Sales Value, by Type (%), 2021–2032
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 (2021 vs 2025 vs 2032)
4.2.2 Global Procurement Software Sales Value by Application (2021–2032)
4.2.3 Global Procurement Software Sales Value by Application (%), 2021–2032
5 Segmentation by Region
5.1 Global Procurement Software Sales Value by Region
5.1.1 Global Procurement Software Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Procurement Software Sales Value by Region (2021–2026)
5.1.3 Global Procurement Software Sales Value by Region (2027–2032)
5.1.4 Global Procurement Software Sales Value by Region (%), 2021–2032
5.2 North America
5.2.1 North America Procurement Software Sales Value, 2021–2032
5.2.2 North America Procurement Software Sales Value by Country (%), 2025 vs 2032
5.3 Europe
5.3.1 Europe Procurement Software Sales Value, 2021–2032
5.3.2 Europe Procurement Software Sales Value by Country (%), 2025 vs 2032
5.4 Asia Pacific
5.4.1 Asia Pacific Procurement Software Sales Value, 2021–2032
5.4.2 Asia Pacific Procurement Software Sales Value by Subregion (%), 2025 vs 2032
5.5 South America
5.5.1 South America Procurement Software Sales Value, 2021–2032
5.5.2 South America Procurement Software Sales Value by Country (%), 2025 vs 2032
5.6 Middle East & Africa
5.6.1 Middle East & Africa Procurement Software Sales Value, 2021–2032
5.6.2 Middle East & Africa Procurement Software Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Procurement Software Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Procurement Software Sales Value, 2021–2032
6.3 United States
6.3.1 United States Procurement Software Sales Value, 2021–2032
6.3.2 United States Procurement Software Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Procurement Software Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Procurement Software Sales Value, 2021–2032
6.4.2 Europe Procurement Software Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Procurement Software Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Procurement Software Sales Value, 2021–2032
6.5.2 China Procurement Software Sales Value by Type (%), 2025 vs 2032
6.5.3 China Procurement Software Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Procurement Software Sales Value, 2021–2032
6.6.2 Japan Procurement Software Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Procurement Software Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Procurement Software Sales Value, 2021–2032
6.7.2 South Korea Procurement Software Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Procurement Software Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Procurement Software Sales Value, 2021–2032
6.8.2 Southeast Asia Procurement Software Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Procurement Software Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Procurement Software Sales Value, 2021–2032
6.9.2 India Procurement Software Sales Value by Type (%), 2025 vs 2032
6.9.3 India Procurement Software Sales Value by Application, 2025 vs 2032
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
7.15.5 JDA Software Recent Developments
8 Industry Chain Analysis
8.1 Procurement Software Value Chain
8.2 Procurement Software Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Cost Structure
8.3 Midstream Analysis
8.4 Downstream (Customer) Analysis
8.5 Sales Model and Sales Channelss
8.5.1 Procurement Software Sales Model
8.5.2 Sales Channels
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
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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