Product Code: TIPRE00007305
The global vendor management software market accounted for US$ 4,389.2 Mn in 2018 and is expected to grow at a CAGR of 12.4% over the forecast period 2019-2027, to account for US$ 12,295.8 Mn in 2027. During the forecast period of 2019 to 2027, the positive growth outlook towards the continuous growth in the IT development is expected to drive the vendor management software worldwide. However, the challenges related to data privacy of vendor management solutions may restrain the future growth of the vendor management software market. Despite these limitations, the growing adoption of vendor management software across SMEs is projected to offer ample growth opportunities for the players operating in the vendor management software market during the forecast period Some of the leading players in vendor management software market are highly focusing on strategic market initiatives to enrich their production capabilities as well as to expand their geographical presence across the globe. Also, the players are focusing on receiving numerous strategies to focus strongly on the vendor management software market. This, in turn, is contributing to the growth of the vendor management software market.
The vendor management software market has been segmented on the basis of deployment mode, enterprise size, industry vertical, and geography. Based on deployment mode, the market has been segmented into cloud, and on- premise. The cloud segment represented the largest share of the overall market throughout the forecast period and is expected to be the fastest-growing. Based on industry vertical, the vendor management software market has been segmented into Retail, Manufacturing, BFSI, IT and Telecom, and Others. In 2018, retail segment contributed a substantial share in the global vendor management software market. Geographically, the vendor management software market is categorized as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America held the largest share of the vendor management software market in 2018, and it is expected to continue its dominance during the forecast period of 2019-2027. It has contributed more than 36% to the overall revenue of the vendor management software market in the year 2018. The APAC and Europe held the second and third position in the global vendor management software market in 2018 with market shares of 26% and 24%, respectively. The market in APAC is anticipated to grow at the highest growth rate from 2019 to 2027. Other developing regions such as the Middle East and Africa and South America are also anticipated to offer ample growth opportunities to the vendor management software market players during 2019-2027.
The overall vendor management software market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the vendor management software market. It also provides the overview and forecast for the global vendor management software market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the vendor management software market. Some of the players present in vendor management software market are Coupa Software Inc., Gatekeeper (Cinergy Technology Limited), HICX Solutions Ltd., IBM Corporation, Intelex Technologies Inc., LogicManager, Inc., MasterControl Inc., Ncontracts, SalesWarp, and SAP SE among others.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global vendor management software market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the global vendor management software market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Vendor Management Software Market Landscape
- 4.1 Market Overview
- 4.2 Ecosystem Analysis
- 4.3 PEST Analysis
- 4.3.1 North America PEST Analysis
- 4.3.2 Europe PEST Analysis
- 4.3.3 Asia-Pacific PEST Analysis
- 4.3.4 Middle East & Africa PEST Analysis
- 4.3.5 South America PEST Analysis
5. Vendor Management Software Market - Key Industry Dynamics
- 5.1 Key Drivers
- 5.1.1 High Inclination Toward Adoption of Solutions to Enhance Operational and Supply Chain Efficiencies
- 5.1.2 Impact of Vendor Management Software on Organization Bottom-Lines
- 5.2 Key Restraints
- 5.2.1 Concerns pertaining to data privacy and security
- 5.3 Key Opportunities
- 5.3.1 Growing Adoption of Vendor Management Software across SMEs
- 5.4 Future Trends
- 5.4.1 Integration of Artificial Intelligence in Vendor Management Softwares
- 5.5 Impact Analysis of Drivers And Restraints
6. Vendor Management Software Market - Global Market Analysis
- 6.1 Global Vendor Management Software Market Overview
- 6.2 Global Vendor Management Software Market Forecast and Analysis
- 6.3 Market Positioning- Top Five Players
7. Vendor Management Software Market - By Deployment Mode
- 7.1 Overview
- 7.2 Cloud
- 7.2.1 Overview
- 7.2.2 Global Cloud Market Revenue and Forecasts to 2027 (US$ Mn)
- 7.3 On-Premises
- 7.3.1 Overview
- 7.3.2 Global On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)
8. Vendor Management Software Market Analysis - By Enterprise Size
- 8.1 Overview
- 8.2 Large Enterprise
- 8.2.1 Overview
- 8.2.2 Large Enterprise Market Revenue and Forecasts to 2027 (US$ Mn)
- 8.3 SMEs
- 8.3.1 Overview
- 8.3.2 Global SMEs Market Revenue and Forecasts to 2027 (US$ Mn)
9. Vendor Management Software Market Revenue and Forecasts to 2027-Industry Vertical
- 9.1 Overview
- 9.2 Global Vendor Management Software Market Breakdown, By Industry Vertical, 2018 & 2027
- 9.3 BFSI Market
- 9.3.1 Overview
- 9.3.2 BFSI Market Forecast and Analysis
- 9.4 Retail
- 9.4.1 Overview
- 9.4.2 Retail Market Forecast and Analysis
- 9.5 Manufacturing
- 9.5.1 Overview
- 9.5.2 Manufacturing Market Forecast and Analysis
- 9.6 IT and Telecom Market
- 9.6.1 Overview
- 9.6.2 IT and Telecom Market Forecast and Analysis
- 9.7 Others Market
- 9.7.1 Overview
- 9.7.2 Others Market Forecast and Analysis
10. Global Vendor Management Software Market - Geographic Analysis
- 10.1 Overview
- 10.2 North America Vendor Management Software Market Revenue and Forecast to 2027
- 10.2.1 Overview
- 10.2.2 North America Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.2.3 North America Vendor Management Software Market Breakdown, By Deployment Mode
- 10.2.4 North America Vendor Management Software Market Breakdown, By Enterprise Size
- 10.2.5 North America Vendor Management Software Market Breakdown, By Industry Vertical
- 10.2.6 North America Vendor Management Software Market Breakdown, By Country
- 10.2.6.1 US Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.2.6.1.1 US Vendor Management Software Market Breakdown, By Deployment Mode
- 10.2.6.1.2 US Vendor Management Software Market Breakdown, By Enterprise Size
- 10.2.6.1.3 US Vendor Management Software Market Breakdown, By Industry Vertical
- 10.2.6.2 Canada Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.2.6.2.1 Canada Vendor Management Software Market Breakdown, By Deployment Mode
- 10.2.6.2.2 Canada Vendor Management Software Market Breakdown, By Enterprise Size
- 10.2.6.2.3 Canada Vendor Management Software Market Breakdown, By Industry Vertical
- 10.2.6.3 Mexico Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.2.6.3.1 Mexico Vendor Management Software Market Breakdown, By Deployment Mode
- 10.2.6.3.2 Mexico Vendor Management Software Market Breakdown, By Enterprise Size
- 10.2.6.3.3 Mexico Vendor Management Software Market Breakdown, By Industry Vertical
- 10.3 Europe Vendor Management Software Market Revenue and Forecast to 2027
- 10.3.1 Overview
- 10.3.2 Europe Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.3.3 Europe Vendor Management Software Market Breakdown, By Deployment Mode
- 10.3.4 Europe Vendor Management Software Market Breakdown, By Enterprise Size
- 10.3.5 Europe Vendor Management Software Market Breakdown, By Industry Vertical
- 10.3.6 Europe Vendor Management Software Market Breakdown, By Country
- 10.3.6.1 UK Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.3.6.1.1 UK Vendor Management Software Market Breakdown, By Deployment Mode
- 10.3.6.1.2 UK Vendor Management Software Market Breakdown, By Enterprise Size
- 10.3.6.1.3 UK Vendor Management Software Market Breakdown, By Industry Vertical
- 10.3.6.2 Germany Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.3.6.2.1 Germany Vendor Management Software Market Breakdown, By Deployment Mode
- 10.3.6.2.2 Germany Vendor Management Software Market Breakdown, By Enterprise Size
- 10.3.6.2.3 Germany Vendor Management Software Market Breakdown, By Industry Vertical
- 10.3.6.3 France Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.3.6.3.1 France Vendor Management Software Market Breakdown, By Deployment Mode
- 10.3.6.3.2 France Vendor Management Software Market Breakdown, By Enterprise Size
- 10.3.6.3.3 France Vendor Management Software Market Breakdown, By Industry Vertical
- 10.3.6.4 Italy Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.3.6.4.1 Italy Vendor Management Software Market Breakdown, By Deployment Mode
- 10.3.6.4.2 Italy Vendor Management Software Market Breakdown, By Enterprise Size
- 10.3.6.4.3 Italy Vendor Management Software Market Breakdown, By Industry Vertical
- 10.3.6.5 Russia Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.3.6.5.1 Russia Vendor Management Software Market Breakdown, By Deployment Mode
- 10.3.6.5.2 Russia Vendor Management Software Market Breakdown, By Enterprise Size
- 10.3.6.5.3 Russia Vendor Management Software Market Breakdown, By Industry Vertical
- 10.3.6.6 Rest of Europe Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.3.6.6.1 Rest of Europe Vendor Management Software Market Breakdown, By Deployment Mode
- 10.3.6.6.2 Rest of Europe Vendor Management Software Market Breakdown, By Enterprise Size
- 10.3.6.6.3 Rest of Europe Vendor Management Software Market Breakdown, By Industry Vertical
- 10.4 APAC Vendor Management Software Market Revenue and Forecast to 2027
- 10.4.1 Overview
- 10.4.2 APAC Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.4.3 APAC Vendor Management Software Market Breakdown, By Deployment Mode
- 10.4.4 APAC Vendor Management Software Market Breakdown, By Enterprise Size
- 10.4.5 APAC Vendor Management Software Market Breakdown, By Industry Vertical
- 10.4.6 APAC Vendor Management Software Market Breakdown, By Country
- 10.4.6.1 China Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.4.6.1.1 China Vendor Management Software Market Breakdown, By Deployment Mode
- 10.4.6.1.2 China Vendor Management Software Market Breakdown, By Enterprise Size
- 10.4.6.1.3 China Vendor Management Software Market Breakdown, By Industry Vertical
- 10.4.6.2 Japan Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.4.6.2.1 Japan Vendor Management Software Market Breakdown, By deployment mode
- 10.4.6.2.2 Japan Vendor Management Software Market Breakdown, By Enterprise Size
- 10.4.6.2.3 Japan Vendor Management Software Market Breakdown, By Industry Vertical
- 10.4.6.3 India Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.4.6.3.1 India Vendor Management Software Market Breakdown, By deployment mode
- 10.4.6.3.2 India Vendor Management Software Market Breakdown, By Enterprise Size
- 10.4.6.3.3 India Vendor Management Software Market Breakdown, By Industry Vertical
- 10.4.6.4 South Korea Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.4.6.4.1 South Korea Vendor Management Software Market Breakdown, By Deployment Mode
- 10.4.6.4.2 South Korea Vendor Management Software Market Breakdown, By Enterprise Size
- 10.4.6.4.3 South Korea Vendor Management Software Market Breakdown, By Industry Vertical
- 10.4.6.5 Australia Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.4.6.5.1 Australia Vendor Management Software Market Breakdown, By Deployment Mode
- 10.4.6.5.2 Australia Vendor Management Software Market Breakdown, By Enterprise Size
- 10.4.6.5.3 Australia Vendor Management Software Market Breakdown, By Industry Vertical
- 10.4.6.6 Rest of APAC Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.4.6.6.1 Rest of APAC Vendor Management Software Market Breakdown, By Deployment Mode
- 10.4.6.6.2 Rest of APAC Vendor Management Software Market Breakdown, By Enterprise Size
- 10.4.6.6.3 Rest of APAC Vendor Management Software Market Breakdown, By Industry Vertical
- 10.5 MEA Vendor Management Software Market Revenue and Forecast to 2027
- 10.5.1 Overview
- 10.5.2 MEA Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.5.3 MEA Vendor Management Software Market Breakdown, By Deployment Mode
- 10.5.4 MEA Vendor Management Software Market Breakdown, By Enterprise Size
- 10.5.5 MEA Vendor Management Software Market Breakdown, By Industry Vertical
- 10.5.6 MEA Vendor Management Software Market Breakdown, By Country
- 10.5.6.1 Saudi Arabia Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.5.6.1.1 Saudi Arabia Vendor Management Software Market Breakdown, By Deployment Mode
- 10.5.6.1.2 Saudi Arabia Vendor Management Software Market Breakdown, By Enterprise Size
- 10.5.6.1.3 Saudi Arabia Vendor Management Software Market Breakdown, By Industry Vertical
- 10.5.6.2 UAE Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.5.6.2.1 UAE Vendor Management Software Market Breakdown, By Deployment Mode
- 10.5.6.2.2 UAE Vendor Management Software Market Breakdown, By Enterprise Size
- 10.5.6.2.3 UAE Vendor Management Software Market Breakdown, By Industry Vertical
- 10.5.6.3 South Africa Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.5.6.3.1 South Africa Vendor Management Software Market Breakdown, By Deployment Mode
- 10.5.6.3.2 South Africa Vendor Management Software Market Breakdown, By Enterprise Size
- 10.5.6.3.3 South Africa Vendor Management Software Market Breakdown, By Industry Vertical
- 10.5.6.4 Rest of MEA Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.5.6.4.1 Rest of MEA Vendor Management Software Market Breakdown, By Deployment Mode
- 10.5.6.4.2 Rest of MEA Vendor Management Software Market Breakdown, By Enterprise Size
- 10.5.6.4.3 Rest of MEA Vendor Management Software Market Breakdown, By Industry Vertical
- 10.6 South America Vendor Management Software Market Revenue and Forecast to 2027
- 10.6.1 Overview
- 10.6.2 South America Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.6.3 South America Vendor Management Software Market Breakdown, By Deployment Mode
- 10.6.4 South America Vendor Management Software Market Breakdown, By Enterprise Size
- 10.6.5 South America Vendor Management Software Market Breakdown, By Industry Vertical
- 10.6.6 South America Vendor Management Software Market Breakdown, By Country
- 10.6.6.1 Brazil Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.6.6.1.1 Brazil Vendor Management Software Market Breakdown, By Deployment Mode
- 10.6.6.1.2 Brazil Vendor Management Software Market Breakdown, By Enterprise Size
- 10.6.6.1.3 Brazil Vendor Management Software Market Breakdown, By Industry Vertical
- 10.6.6.2 Argentina Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.6.6.2.1 Argentina Vendor Management Software Market Breakdown, By Deployment Mode
- 10.6.6.2.2 Argentina Vendor Management Software Market Breakdown, By Enterprise Size
- 10.6.6.2.3 Argentina Vendor Management Software Market Breakdown, By Industry Vertical
- 10.6.6.3 Rest of South America Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
- 10.6.6.3.1 Rest of South America Vendor Management Software Market Breakdown, By Deployment Mode
- 10.6.6.3.2 Rest of South America Vendor Management Software Market Breakdown, By Enterprise Size
- 10.6.6.3.3 Rest of South America Vendor Management Software Market Breakdown, By Industry Vertical
11. Vendor Management Software Market - Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 Merger & Acquisition
- 11.4 New Product Development
12. Vendor Management Software Market- Company Profiles
- 12.1 Coupa Software Inc.
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Gatekeeper (Cinergy Technology Limited)
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 HICX Solutions Ltd.
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 International Business Machines Corporation
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Intelex Technologies Inc.
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Logicmanager, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Mastercontrol, Inc.
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Ncontracts
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Saleswarp
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 SAP SE
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Business Description
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary of Terms
