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.

Market Analysis and Insights: Global Procurement Software Market
The global Procurement Software market size is projected to reach US$ 5584.3 million by 2026, from US$ 5156.5 million in 2020, at a CAGR of 7.7%% during 2021-2026.

Global Procurement Software Scope and Market Size
Procurement Software market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Procurement 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 in terms of revenue and forecast for the period 2015-2026.

The key players covered in this study

Basware
IBM
Oracle
PROACTIS
SAP
SciQuest
BravoSolution
BuyerQuest
Coupa Software
Elcom
Epicor
Infor
IQNavigator
Ivalua
JDA Software

Market segment by Type, the product can be split into

Cloud
On-premises

Market segment by Application, split into

The School
The Factory
The Hospital
The Supermarket
Other

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India