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Global Spend Management Software Market Research Report 2024
Synopsis
Spend management software is a type of software that helps organizations to control, optimize, and analyze their spending across various categories, such as procurement, travel, expenses, invoices, contracts, and more. Spend management software provides features such as spend visibility, budgeting, approval workflows, compliance, reporting, and analytics. Spend management software aims to improve the efficiency, transparency, and profitability of organizations’ spending processes .
The global Spend Management Software market was valued at US$ 3310 million in 2023 and is anticipated to reach US$ 5542.4 million by 2030, witnessing a CAGR of 7.2% during the forecast period 2024-2030.
The increasing demand for digital transformation and automation of spending processes from organizations that need to adapt to changing market conditions, customer expectations, and regulatory requirements. Spend management software can help organizations to digitize and optimize their spending workflows from end to end by reducing manual tasks errors delays fraud waste.
This report aims to provide a comprehensive presentation of the global market for Spend Management Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spend Management Software.
Report Scope
The Spend Management Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Spend Management Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Spend Management Software companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Procurify
Precoro
Ariba
ProcurementExpress.com
Vroozi
Airbase
SMART by GEP
Coupa Spend Analysis
Fraxion
Resolvr
Accrualify
Claritum
Segment by Type
Cloud Based
Web Base
Segment by Application
Large Enterprises
SMEs
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Spend Management Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Spend management software is a type of software that helps organizations to control, optimize, and analyze their spending across various categories, such as procurement, travel, expenses, invoices, contracts, and more. Spend management software provides features such as spend visibility, budgeting, approval workflows, compliance, reporting, and analytics. Spend management software aims to improve the efficiency, transparency, and profitability of organizations’ spending processes .
The global Spend Management Software market was valued at US$ 3310 million in 2023 and is anticipated to reach US$ 5542.4 million by 2030, witnessing a CAGR of 7.2% during the forecast period 2024-2030.
The increasing demand for digital transformation and automation of spending processes from organizations that need to adapt to changing market conditions, customer expectations, and regulatory requirements. Spend management software can help organizations to digitize and optimize their spending workflows from end to end by reducing manual tasks errors delays fraud waste.
This report aims to provide a comprehensive presentation of the global market for Spend Management Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spend Management Software.
Report Scope
The Spend Management Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Spend Management Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Spend Management Software companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Procurify
Precoro
Ariba
ProcurementExpress.com
Vroozi
Airbase
SMART by GEP
Coupa Spend Analysis
Fraxion
Resolvr
Accrualify
Claritum
Segment by Type
Cloud Based
Web Base
Segment by Application
Large Enterprises
SMEs
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Spend Management Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Spend Management Software Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Cloud Based
1.2.3 Web Base
1.3 Market by Application
1.3.1 Global Spend Management Software Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Large Enterprises
1.3.3 SMEs
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Spend Management Software Market Perspective (2019-2030)
2.2 Spend Management Software Growth Trends by Region
2.2.1 Global Spend Management Software Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Spend Management Software Historic Market Size by Region (2019-2024)
2.2.3 Spend Management Software Forecasted Market Size by Region (2025-2030)
2.3 Spend Management Software Market Dynamics
2.3.1 Spend Management Software Industry Trends
2.3.2 Spend Management Software Market Drivers
2.3.3 Spend Management Software Market Challenges
2.3.4 Spend Management Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Spend Management Software Players by Revenue
3.1.1 Global Top Spend Management Software Players by Revenue (2019-2024)
3.1.2 Global Spend Management Software Revenue Market Share by Players (2019-2024)
3.2 Global Spend Management Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Spend Management Software Revenue
3.4 Global Spend Management Software Market Concentration Ratio
3.4.1 Global Spend Management Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Spend Management Software Revenue in 2023
3.5 Spend Management Software Key Players Head office and Area Served
3.6 Key Players Spend Management Software Product Solution and Service
3.7 Date of Enter into Spend Management Software Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Spend Management Software Breakdown Data by Type
4.1 Global Spend Management Software Historic Market Size by Type (2019-2024)
4.2 Global Spend Management Software Forecasted Market Size by Type (2025-2030)
5 Spend Management Software Breakdown Data by Application
5.1 Global Spend Management Software Historic Market Size by Application (2019-2024)
5.2 Global Spend Management Software Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Spend Management Software Market Size (2019-2030)
6.2 North America Spend Management Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Spend Management Software Market Size by Country (2019-2024)
6.4 North America Spend Management Software Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Spend Management Software Market Size (2019-2030)
7.2 Europe Spend Management Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Spend Management Software Market Size by Country (2019-2024)
7.4 Europe Spend Management Software Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Spend Management Software Market Size (2019-2030)
8.2 Asia-Pacific Spend Management Software Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Spend Management Software Market Size by Region (2019-2024)
8.4 Asia-Pacific Spend Management Software Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Spend Management Software Market Size (2019-2030)
9.2 Latin America Spend Management Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Spend Management Software Market Size by Country (2019-2024)
9.4 Latin America Spend Management Software Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Spend Management Software Market Size (2019-2030)
10.2 Middle East & Africa Spend Management Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Spend Management Software Market Size by Country (2019-2024)
10.4 Middle East & Africa Spend Management Software Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Procurify
11.1.1 Procurify Company Detail
11.1.2 Procurify Business Overview
11.1.3 Procurify Spend Management Software Introduction
11.1.4 Procurify Revenue in Spend Management Software Business (2019-2024)
11.1.5 Procurify Recent Development
11.2 Precoro
11.2.1 Precoro Company Detail
11.2.2 Precoro Business Overview
11.2.3 Precoro Spend Management Software Introduction
11.2.4 Precoro Revenue in Spend Management Software Business (2019-2024)
11.2.5 Precoro Recent Development
11.3 Ariba
11.3.1 Ariba Company Detail
11.3.2 Ariba Business Overview
11.3.3 Ariba Spend Management Software Introduction
11.3.4 Ariba Revenue in Spend Management Software Business (2019-2024)
11.3.5 Ariba Recent Development
11.4 ProcurementExpress.com
11.4.1 ProcurementExpress.com Company Detail
11.4.2 ProcurementExpress.com Business Overview
11.4.3 ProcurementExpress.com Spend Management Software Introduction
11.4.4 ProcurementExpress.com Revenue in Spend Management Software Business (2019-2024)
11.4.5 ProcurementExpress.com Recent Development
11.5 Vroozi
11.5.1 Vroozi Company Detail
11.5.2 Vroozi Business Overview
11.5.3 Vroozi Spend Management Software Introduction
11.5.4 Vroozi Revenue in Spend Management Software Business (2019-2024)
11.5.5 Vroozi Recent Development
11.6 Airbase
11.6.1 Airbase Company Detail
11.6.2 Airbase Business Overview
11.6.3 Airbase Spend Management Software Introduction
11.6.4 Airbase Revenue in Spend Management Software Business (2019-2024)
11.6.5 Airbase Recent Development
11.7 SMART by GEP
11.7.1 SMART by GEP Company Detail
11.7.2 SMART by GEP Business Overview
11.7.3 SMART by GEP Spend Management Software Introduction
11.7.4 SMART by GEP Revenue in Spend Management Software Business (2019-2024)
11.7.5 SMART by GEP Recent Development
11.8 Coupa Spend Analysis
11.8.1 Coupa Spend Analysis Company Detail
11.8.2 Coupa Spend Analysis Business Overview
11.8.3 Coupa Spend Analysis Spend Management Software Introduction
11.8.4 Coupa Spend Analysis Revenue in Spend Management Software Business (2019-2024)
11.8.5 Coupa Spend Analysis Recent Development
11.9 Fraxion
11.9.1 Fraxion Company Detail
11.9.2 Fraxion Business Overview
11.9.3 Fraxion Spend Management Software Introduction
11.9.4 Fraxion Revenue in Spend Management Software Business (2019-2024)
11.9.5 Fraxion Recent Development
11.10 Resolvr
11.10.1 Resolvr Company Detail
11.10.2 Resolvr Business Overview
11.10.3 Resolvr Spend Management Software Introduction
11.10.4 Resolvr Revenue in Spend Management Software Business (2019-2024)
11.10.5 Resolvr Recent Development
11.11 Accrualify
11.11.1 Accrualify Company Detail
11.11.2 Accrualify Business Overview
11.11.3 Accrualify Spend Management Software Introduction
11.11.4 Accrualify Revenue in Spend Management Software Business (2019-2024)
11.11.5 Accrualify Recent Development
11.12 Claritum
11.12.1 Claritum Company Detail
11.12.2 Claritum Business Overview
11.12.3 Claritum Spend Management Software Introduction
11.12.4 Claritum Revenue in Spend Management Software Business (2019-2024)
11.12.5 Claritum Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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