Europe Procurement Analytics Market By Component ( Solution, Services),By Organization Size(Large Enterprises, Small and Medium Sized Enterprises), By Deployment Mode (On-premise, Cloud), By End User(Retail and Ecommerce, Healthcare and Life Sciences, Energy and Utilities, Telecom and IT, Manufacturing, Government and Defense, Others)

Analysis of Market Size & Trends

The Europe Procurement Analytics Market would witness market growth of 18.7% CAGR during the forecast period (2018 - 2024). Data plays a major part in business management. It has helped to create, save and re-use the information subsequently. Even a company's major reports are generated with the assistance of data, thus, it can be said that the acquisition has also become information oriented. It becomes crucial from the central operations where every buyer and category manager conducts an assessment.

Integration of analytics with technological trends like the Internet of Things (IoT) and cognitive computing is expected to boost the acceptance of the procurement process for highly invasive decision-making. Therefore, the growing need for extremely effective alternatives for the acquisition method to boost operational effectiveness is anticipated to boost the procurement analytics industry during the assessment period. Also, rising demand for cloud-based procurement solutions and rising demand for data-driven alternatives are expected to boost the procurement services market during the forecast period.

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Based on Component, the market is segmented into Solution and Services. Services is further bifurcated into Integration & Deployment, Training & Consulting, and Support & Maintenance. Based on Organization size, the market is segmented into large enterprises and Small & Medium Sized enterprises. Based on Deployment mode, the market is segmented into On-premise and Cloud. Based on End User, the market is segmented into Retail & Ecommerce, Healthcare & Life Sciences, Energy & Utilities, Telecom & IT, Manufacturing, Government & Defense, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Simfoni Analytics Ltd., Proactis Holdings PLC., JAGGAER Inc., Zycus Inc., SAP SE, Oracle Corporation, IBM Corporation, Coupa Software Incorporated, Genpact Limited, and Rosslyn Data Technologies.

Scope of the Procurement Analytics Market Analysis

Market By Segments:

By Component

• Solution
• Services
  • Integration & Deployment
  • Training & Consulting
  • Support & Maintenance

By Organization Size

• Large Enterprises
• Small & Medium-Sized Enterprises

By Deployment mode

• On Premise
• Cloud

By End User

• Retail & Ecommerce
• Healthcare & Life Sciences
• Energy & Utilities
• Telecom & IT
• Manufacturing
• Government & Defense
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America

Companies Profiled

• Simfoni Analytics Ltd.
• Proactis Holdings PLC.
• JAGGAER Inc.
• Zycus Inc.
• SAP SE
• Oracle Corporation
• IBM Corporation
• Coupa Software Incorporated
• Genpact Limited
• Rosslyn Data Technologies.