The Europe Spend Management Platform Market would witness market growth of 9.4% CAGR during the forecast period (2022-2028).
With the help of technological enhancement and the digital revolution, spend management techniques are evolving. Actionable insights and real-time data back agile management. Moreover, based on the frequency of the expenditure data input, the purchasing category strategy and analysis task is completed quarterly or annually.
Today, precise and reliable data allows response to supply market changes and seizing advantages as they rise. Automating spend management procedures allows extra time for strategic activities switching views into cooperation and action. Moreover, with the help of the tools and visibility, procurement companies can see their bottom line.
A synchronized trade spend grid is a fundamental requirement. Trade expenditure management is a complicated procedure with various aims, which is typically circular and requires regular updates. Standardizing the grid facilitates comparisons among marketplaces by reflecting trading circumstances and inconsistent language. The superior consumer goods enterprise administrates with a central medium that includes unmatched discounts where prices are minimized for a specific retailer.
Germany contributes one-fourth of the GDP, being the fourth largest economy internationally. Though controlled by the government and with a complete social service program, its "social market" economy primarily conforms to market regulations. Germany is one of the biggest customer markets in the European Union, with a population of 83.2 million. The impact of German industry impacts the overall industry. The world's most significant trade events, including Automechanika, Hannover Fair, ITB Tourism Show, and Medica, are administered in Germany.
The Germany market dominated the Europe Spend Management Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,907.6 million by 2028. The UK market is anticipated to grow at a CAGR of 8.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 10.2% during (2022 - 2028).
Based on Deployment, the market is segmented into Cloud and On-premise. Based on Enterprise, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Manufacturing, Consumer Goods, Retail, Healthcare & Pharmaceutical and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Spend Management Platform Market will Hit $29.4 Billion by 2028, at a CAGR of 10.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coupa Software Inc., SAP SE, The Sage Group PLC, SutiSoft, Inc., NB Ventures, Inc. (Global eProcure), Proactis Holdings Limited (Café Bidco Limited), VA Tech Ventures Pvt Ltd (Happay)(Cred), Sievo Oy, Expensify, Inc., and Procurify Technologies, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Deployment
By Enterprise
- Large Enterprises
- Small & Medium Enterprises
By Application
- Manufacturing
- Consumer Goods
- Retail
- Healthcare & Pharmaceutical
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Coupa Software Inc.
- SAP SE
- The Sage Group PLC
- SutiSoft, Inc.
- NB Ventures, Inc. (Global eProcure)
- Proactis Holdings Limited (Café Bidco Limited)
- VA Tech Ventures Pvt Ltd (Happay)(Cred)
- Sievo Oy
- Expensify, Inc.
- Procurify Technologies, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Spend Management Platform Market, by Deployment
1.4.2 Europe Spend Management Platform Market, by Enterprise
1.4.3 Europe Spend Management Platform Market, by Application
1.4.4 Europe Spend Management Platform Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Strategies Deployed in Spend Management Platform Market
Chapter 4. Europe Spend Management Platform Market by Deployment
4.1 Europe Cloud Market by Country
4.2 Europe On-premise Market by Country
Chapter 5. Europe Spend Management Platform Market by Enterprise
5.1 Europe Large Enterprises Market by Country
5.2 Europe Small & Medium Enterprises Market by Country
Chapter 6. Europe Spend Management Platform Market by Application
6.1 Europe Manufacturing Market by Country
6.2 Europe Consumer Goods Market by Country
6.3 Europe Retail Market by Country
6.4 Europe Healthcare & Pharmaceutical Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Spend Management Platform Market by Country
7.1 Germany Spend Management Platform Market
7.1.1 Germany Spend Management Platform Market by Deployment
7.1.2 Germany Spend Management Platform Market by Enterprise
7.1.3 Germany Spend Management Platform Market by Application
7.2 UK Spend Management Platform Market
7.2.1 UK Spend Management Platform Market by Deployment
7.2.2 UK Spend Management Platform Market by Enterprise
7.2.3 UK Spend Management Platform Market by Application
7.3 France Spend Management Platform Market
7.3.1 France Spend Management Platform Market by Deployment
7.3.2 France Spend Management Platform Market by Enterprise
7.3.3 France Spend Management Platform Market by Application
7.4 Russia Spend Management Platform Market
7.4.1 Russia Spend Management Platform Market by Deployment
7.4.2 Russia Spend Management Platform Market by Enterprise
7.4.3 Russia Spend Management Platform Market by Application
7.5 Spain Spend Management Platform Market
7.5.1 Spain Spend Management Platform Market by Deployment
7.5.2 Spain Spend Management Platform Market by Enterprise
7.5.3 Spain Spend Management Platform Market by Application
7.6 Italy Spend Management Platform Market
7.6.1 Italy Spend Management Platform Market by Deployment
7.6.2 Italy Spend Management Platform Market by Enterprise
7.6.3 Italy Spend Management Platform Market by Application
7.7 Rest of Europe Spend Management Platform Market
7.7.1 Rest of Europe Spend Management Platform Market by Deployment
7.7.2 Rest of Europe Spend Management Platform Market by Enterprise
7.7.3 Rest of Europe Spend Management Platform Market by Application
Chapter 8. Company Profiles
8.1 SAP SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Coupa Software, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.5.3 Geographical Expansions:
8.3 The Sage Group plc
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisitions and Mergers:
8.4 Expensify, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.5 Proactis Holdings Limited (Café Bidco Limited)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.6 NB Ventures, Inc. (Global eProcure)
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Geographical Expansions:
8.7 VA Tech Ventures Pvt. Ltd. (Happay) (Dreamplug Technologies Private Limited)
8.7.1 Company Overview
8.8 Sievo Oy
8.8.1 Company Overview
8.9 Procurify Technologies, Inc.
8.9.1 Company Overview
8.10. SutiSoft Inc.
8.10.1 Company Overview
TABLE 1 Europe Spend Management Platform Market, 2018 - 2021, USD Million
TABLE 2 Europe Spend Management Platform Market, 2022 - 2028, USD Million
TABLE 3 Europe Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 4 Europe Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 5 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
TABLE 10 Europe Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
TABLE 11 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Spend Management Platform Market by Application, 2018 - 2021, USD Million
TABLE 16 Europe Spend Management Platform Market by Application, 2022 - 2028, USD Million
TABLE 17 Europe Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Consumer Goods Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Consumer Goods Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Retail Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Retail Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Healthcare & Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Healthcare & Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Spend Management Platform Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Spend Management Platform Market by Country, 2022 - 2028, USD Million
TABLE 29 Germany Spend Management Platform Market, 2018 - 2021, USD Million
TABLE 30 Germany Spend Management Platform Market, 2022 - 2028, USD Million
TABLE 31 Germany Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 32 Germany Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 33 Germany Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
TABLE 34 Germany Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
TABLE 35 Germany Spend Management Platform Market by Application, 2018 - 2021, USD Million
TABLE 36 Germany Spend Management Platform Market by Application, 2022 - 2028, USD Million
TABLE 37 UK Spend Management Platform Market, 2018 - 2021, USD Million
TABLE 38 UK Spend Management Platform Market, 2022 - 2028, USD Million
TABLE 39 UK Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 40 UK Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 41 UK Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
TABLE 42 UK Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
TABLE 43 UK Spend Management Platform Market by Application, 2018 - 2021, USD Million
TABLE 44 UK Spend Management Platform Market by Application, 2022 - 2028, USD Million
TABLE 45 France Spend Management Platform Market, 2018 - 2021, USD Million
TABLE 46 France Spend Management Platform Market, 2022 - 2028, USD Million
TABLE 47 France Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 48 France Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 49 France Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
TABLE 50 France Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
TABLE 51 France Spend Management Platform Market by Application, 2018 - 2021, USD Million
TABLE 52 France Spend Management Platform Market by Application, 2022 - 2028, USD Million
TABLE 53 Russia Spend Management Platform Market, 2018 - 2021, USD Million
TABLE 54 Russia Spend Management Platform Market, 2022 - 2028, USD Million
TABLE 55 Russia Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 56 Russia Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 57 Russia Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
TABLE 58 Russia Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
TABLE 59 Russia Spend Management Platform Market by Application, 2018 - 2021, USD Million
TABLE 60 Russia Spend Management Platform Market by Application, 2022 - 2028, USD Million
TABLE 61 Spain Spend Management Platform Market, 2018 - 2021, USD Million
TABLE 62 Spain Spend Management Platform Market, 2022 - 2028, USD Million
TABLE 63 Spain Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 64 Spain Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 65 Spain Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
TABLE 66 Spain Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
TABLE 67 Spain Spend Management Platform Market by Application, 2018 - 2021, USD Million
TABLE 68 Spain Spend Management Platform Market by Application, 2022 - 2028, USD Million
TABLE 69 Italy Spend Management Platform Market, 2018 - 2021, USD Million
TABLE 70 Italy Spend Management Platform Market, 2022 - 2028, USD Million
TABLE 71 Italy Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 72 Italy Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 73 Italy Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
TABLE 74 Italy Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
TABLE 75 Italy Spend Management Platform Market by Application, 2018 - 2021, USD Million
TABLE 76 Italy Spend Management Platform Market by Application, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Spend Management Platform Market, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Spend Management Platform Market, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Spend Management Platform Market by Deployment, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Spend Management Platform Market by Deployment, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Spend Management Platform Market by Enterprise, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Spend Management Platform Market by Enterprise, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Spend Management Platform Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Spend Management Platform Market by Application, 2022 - 2028, USD Million
TABLE 85 Key Information – SAP SE
TABLE 86 Key information – Coupa Software, Inc.
TABLE 87 Key Information – The Sage Group plc
TABLE 88 Key Information – expensify, inc.
TABLE 89 Key information – Proactis Holdings Limited
TABLE 90 key information – NB Ventures, Inc.
TABLE 91 Key Information –VA Tech Ventures Pvt. Ltd.
TABLE 92 Key Information – Sievo oy
TABLE 93 Key Information – Procurify Technologies, Inc.
TABLE 94 Key Information – SutiSoft Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: SAP SE
FIG 3 Recent strategies and developments: Coupa Software, Inc.