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The tail spend management solutions market is forecasted to grow by USD 453.1 mn during 2022-2027, accelerating at a CAGR of 4.74% % during the forecast period. The report on the tail spend management solutions market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increasing focus on cost reduction, the growing complexity of supply chain management, and the adoption of cloud-based solutions.
The tail spend management solutions market is segmented as below:
By Solution
- Spend analytics
- Order management
- Contract management
By End-user
- BFSI
- Transportation and logistics
- Healthcare
- Retail
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the tail spend management solutions market covers the following areas:
- Tail spend management solutions market sizing
- Tail spend management solutions market forecast
- Tail spend management solutions market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Solution
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global tail spend management solutions market: ASM Technologies Ltd., Basware Corp., Capita Plc, Corcentric Inc., Fairmarkit Inc., Ivalua Inc., JAGGAER LLC, Logistic Solution Inc., NB Ventures Inc., SAP SE, Simfoni Ltd., Technology Concepts Group International, UNA, V LINE Europe GmbH, Zycus Inc., and Proactis Holdings plc.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased adoption of AI and ML.'
According to the report, one of the major drivers for this market is the increasing focus on cost reduction.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ASM Technologies Ltd.
- Basware Corp.
- Capita Plc
- Corcentric Inc.
- Fairmarkit Inc.
- Ivalua Inc.
- JAGGAER LLC
- Logistic Solution Inc.
- NB Ventures Inc.
- SAP SE
- Simfoni Ltd.
- Technology Concepts Group International
- UNA
- V LINE Europe GmbH
- Zycus Inc.
- Proactis Holdings plc