Market Analysis and Insights: Global Sourcing Analytics Market
Sourcing Analytics is a software tool that offers quantitative methods to derive actionable insights and outcomes from datasets. The sourcing analytics provide comprehensive information about the historical data, and with the help of predictive analytical tools enables enterprises to forecast future trends. These quantitative data allows enterprises with data-driven decision-making to gain a competitive advantage in the market. Moreover, implementing analytics in the procurement process, allows enterprises to achieve better visibility and control over expenses.
The global Sourcing Analytics market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Cloud-based accounting for % of the Sourcing Analytics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While BFSI segment is altered to an % CAGR throughout this forecast period.
China Sourcing Analytics market size is valued at US$ million in 2021, while the North America and Europe Sourcing Analytics are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Sourcing Analytics landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Sourcing Analytics market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Sourcing Analytics market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Sourcing Analytics market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Sourcing Analytics market.
Global Sourcing Analytics Scope and Market Size
Sourcing Analytics market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Sourcing Analytics 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 2017-2028.
Segment by Type
Cloud-based
On-premise
Segment by Application
BFSI
Healthcare and Life Sciences
IT & Telecom
Retail & E-Commerce
Energy And Utilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
IBM
SAP
Oracle
Tamr
Zycus
SAS Institute
Accenture
Genpact
Sievo
Dataction
Tungsten Corporation
Rosslyn Data Technologies
BirchStreet
Sourcing Analytics is a software tool that offers quantitative methods to derive actionable insights and outcomes from datasets. The sourcing analytics provide comprehensive information about the historical data, and with the help of predictive analytical tools enables enterprises to forecast future trends. These quantitative data allows enterprises with data-driven decision-making to gain a competitive advantage in the market. Moreover, implementing analytics in the procurement process, allows enterprises to achieve better visibility and control over expenses.
The global Sourcing Analytics market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Cloud-based accounting for % of the Sourcing Analytics global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While BFSI segment is altered to an % CAGR throughout this forecast period.
China Sourcing Analytics market size is valued at US$ million in 2021, while the North America and Europe Sourcing Analytics are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Sourcing Analytics landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Sourcing Analytics market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Sourcing Analytics market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Sourcing Analytics market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Sourcing Analytics market.
Global Sourcing Analytics Scope and Market Size
Sourcing Analytics market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Sourcing Analytics 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 2017-2028.
Segment by Type
Cloud-based
On-premise
Segment by Application
BFSI
Healthcare and Life Sciences
IT & Telecom
Retail & E-Commerce
Energy And Utilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
IBM
SAP
Oracle
Tamr
Zycus
SAS Institute
Accenture
Genpact
Sievo
Dataction
Tungsten Corporation
Rosslyn Data Technologies
BirchStreet
Frequently Asked Questions
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