The global vendor management software market accounted to US$ 4,389.2 Mn in 2018 and is expected to grow at a CAGR of 12.4% during the forecast period 2019 – 2027, to account to US$ 12,295.8 Mn by 2027.
Vendor Management Software market is led by the North American region in 2018. North America led the landing global vendor management software market with more than 36% share, followed by APAC and Europe region. The presence of well developed countries such as the US and Canada and presence of large IT companies are two of the major factors responsible for the growth of vendor management software market in this region. The US is a technologically developed country; hence, the adoption of advanced technology is high across various sectors of the country. The country has the presence of diverse industries and is one of the world’s leading high-technology innovators. The presence of a large number of well-established players from various industries is a significant factor that is driving the growth of vendor management software in the country. The US holds the dominant share in the vendor management software market, and it is expected to continue its dominance during the forecast period. Consequently, presenting tremendous opportunities for the rise in the business of vendor management software market players.
Lucrative Regional Vendor Management Software Markets
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Market Insights
High Inclination Toward Adoption of Solutions to Enhance Operational and Supply Chain Efficiencies
The increasing trend of the adoption of hi-tech solutions across various enterprises to streamline business process is boosting the implementation of the vendor management systems. The organizations are focusing more on automating their business process to attain increased efficiencies at reduced costs. A vendor management system is a web-based tool used for managing vendor-related information and organization activities by ensuring amended efficiency, to attain long-term growth in a cost-effective manner. The implementation of vendor management solutions enables the organizations to take appropriate measures for reducing potential risks related to vendors, controlling cost, deriving value from vendors, and ensuring excellent service deliverability in the long run, this increased demand is expected to fuel the growth of global vendor management software market.
Concerns pertaining to data privacy and security
The world is witnessing rising number of cyber-attacks with the constantly upgrading connectivity technologies. Ever-increasing threats as well as evolving industry and government compliances and regulations are imposing organizations to spend heavily on their security infrastructure. Organizations are becoming progressively alert to cyber-threats. Cybersecurity has already become a severe issue across several businesses due to proliferation of the online world becomes an underlying component of the physical world. In the recent years, cyber-attacks have hampered the ease of doing businesses for the BFSI, media and entertainment, healthcare, and government organizations may hinder the growth of the vendor management software market.
Deployment Mode Segment Insights
The vendor management software market on the basis of deployment mode is segmented into on-premise and cloud. . The on-premise vendor management software is installed and runs on the organization’s premises. However, cloud-based solutions can be remotely accessed online and are installed on the online server. The on-premise deployment solution costs more and is generally adopted by companies that do not intend to share data with other organizations. However, cloud deployment is gaining popularity as it offers cost-efficient solutions with various benefits such as greater flexibility, on-demand scalability, and low cost of implementation. Thus, anticipated to create significant market space for vendor management software market players operation worldwide.
Enterprise Size Segment Insights
The vendor management software market on the basis of enterprise size is segmented into SMEs and large enterprises. The dependence of large enterprises on various, high complexity of systems that large businesses control, and increasing demand for efficiently managing solutions from the centralized dashboard are the major factors that are expected to drive the revenue generation of vendor management solutions across large enterprises are the major factor driving the revenue generation of the solution segment in the vendor management solution market.
Rest of APAC Vendor Management Software Market by Industry Vertical
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Vendor Management Software Market: Strategic Insights
Market Size Value in US$ 4,389.2 Million in 2018 Market Size Value by US$ 12,295.8 Million by 2027 Growth rate CAGR of 12.4% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Vendor Management Software Market: Strategic Insights
| Market Size Value in | US$ 4,389.2 Million in 2018 |
| Market Size Value by | US$ 12,295.8 Million by 2027 |
| Growth rate | CAGR of 12.4% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Market Initiatives was observed as the most adopted strategy in global vendor management software market. Few of the recent market initiatives are listed below:
2019:Coupa announced the expansion of its relationship with Amazon Web Services (AWS) to focus more on controlling over their IT spend.
2019:Ncontracts signed a joint venture with The Community Bankers Association of Illinois (CBAI), for assuring the CBAI member banks to rely on Ncontracts teammate with risk and vendor management, cybersecurity assessments, business continuity planning, contract management as well as findings management.
2018:Intelex Technologies announced its partnership with Liderança Group, to fill the essential gaps present in ESHQ training, by removing compliance-paralysis for companies for better processes as well as more profitable outcomes.
2017:SalesWarp’s Omnichannel Order Management and Warehouse solution selected by Active Ride Shop, for improving efficiency and providing a better experience for its Active Ride Shop customers.
GLOBAL VENDOR MANAGEMENT SOFTWARE MARKET SEGMENTATION
Global Vendor Management Software Market – By Deployment Mode
- On-Premise
- Cloud
Global Vendor Management Software Market – By Enterprise Size
- SMEs
- Large Enterprises
Global Vendor Management Software Market – By Industry Vertical
- Retail
- Manufacturing
- BFSI
- IT and Telecom
- Others
Global Vendor Management Software Market - By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Russia
- UK
- Rest of Europe
Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- UAE
- Saudi Arabia
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Global Vendor Management Software Market - Company Profiles
- Coupa Software Inc.
- Gatekeeper (Cinergy Technology Limited)
- HICX Solutions Ltd.
- IBM Corporation
- Intelex Technologies Inc.
- LogicManager, Inc.
- MasterControl Inc.
- Ncontracts
- SalesWarp
- SAP SE
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Deployment Mode ; Enterprise Size ; Industry Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
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
LIST OF TABLES
Table 1. Global Vendor Management Software Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Global Vendor Management Software Market Revenue and Forecast To 2027, By Geography (US$ Mn)
Table 3. North America Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 4. North America Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 5. North America Vendor Management Software Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 6. US Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 7. US Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 8. US Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 9. Canada Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 10. Canada Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 11. Canada Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 12. Mexico Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 13. Mexico Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 14. Mexico Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 15. Europe Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 16. Europe Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 17. Europe Vendor Management Software Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 18. UK Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 19. UK Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 20. UK Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 21. Germany Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 22. Germany Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 23. Germany Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 24. France Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 25. France Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 26. France Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 27. Italy Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 28. Italy Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 29. Italy Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 30. Russia Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 31. Russia Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 32. Russia Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 33. Rest of Europe Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 34. Rest of Europe Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 35. Rest of Europe Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 36. APAC Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 37. Europe Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 38. APAC Vendor Management Software Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 39. China Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 40. China Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 41. China Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 42. Japan Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 43. Japan Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 44. Japan Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 45. India Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 46. India Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 47. India Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 48. South Korea Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 49. South Korea Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 50. South Korea Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 51. Australia Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 52. Australia Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 53. Australia Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 54. Rest of APAC Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 55. Rest of APAC Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 56. Rest of APAC Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 57. MEA Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 58. MEA Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 59. MEA Vendor Management Software Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 60. Saudi Arabia Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 61. Saudi Arabia Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 62. Saudi Arabia Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 63. UAE Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 64. UAE Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 65. UAE Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 66. South Africa Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 67. South Africa Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 68. South Africa Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 69. Rest of MEA Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 70. Rest of MEA Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 71. Rest of MEA Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 72. South America Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 73. South America Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 74. South America Vendor Management Software Market Revenue and Forecast to 2027 – By Industry Vertical (US$ Mn)
Table 75. Brazil Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 76. Brazil Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 77. Brazil Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 78. Argentina Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 79. Argentina Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 80. Argentina Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 81. Rest of South America Vendor Management Software Market Revenue and Forecast to 2027 – By Deployment Mode (US$ Mn)
Table 82. Rest of South America Vendor Management Software Market Revenue and Forecast to 2027 – By Enterprise Size (US$ Mn)
Table 83. Rest of South America Vendor Management Software Market Revenue and Forecast To 2027 – By Industry Vertical (US$ Mn)
Table 84. Glossary of Term: Vendor Management Software Market
LIST OF FIGURES
Figure 1. Vendor Management Software Market Segmentation
Figure 2. Vendor Management Software Market Segmentation – By Geography
Figure 3. Cloud segment to dominate the market by deployment mode throughout the forecast period
Figure 4. SMEs is expected to witness high growth
Figure 5. Retail holds the largest market share
Figure 6. Asia-Pacific to witness fastest CAGR
Figure 7. Vendor Management Software Market: Competition Landscape
Figure 8. Vendor Management Software Market Ecosystem Analysis
Figure 9. North America – PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia-Pacific PEST Analysis
Figure 12. Middle East & Africa PEST Analysis
Figure 13. South America PEST Analysis
Figure 14. Vendor Management Software Market: Impact Analysis of Driver and Restraints
Figure 15. Global Vendor Management Software Market- Geographical Analysis
Figure 16. Global Vendor Management Software Market Forecast and Analysis, (US$ Mn)
Figure 17. Global Vendor Management Software Market Breakdown, By Deployment Mode, 2018 & 2027 (%)
Figure 18. Global Cloud Based Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Global On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Global Vendor Management Software Market Breakdown, By Enterprise Size, 2018 & 2027 (%)
Figure 21. Global Large Enterprise Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Global SMEs Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Global Vendor Management Software Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 24. Global BFSI Market Revenue and Forecasts to 2027(US$ Mn)
Figure 25. Global Retail Market Revenue and Forecasts to 2027(US$ Mn)
Figure 26. Global Manufacturing Market Revenue and Forecasts to 2027(US$ Mn)
Figure 27. Global IT and Telecom Market Revenue and Forecasts to 2027(US$ Mn)
Figure 28. Global Others Market Revenue and Forecasts to 2027(US$ Mn)
Figure 29. Global Vendor Management Software Market Breakdown, By Region, 2018 & 2027 (%)
Figure 30. North America Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 31. North America Vendor Management Software Market Breakdown, By Deployment Mode, 2018 & 2027 (%)
Figure 32. North America Vendor Management Software Market Breakdown, By Enterprise Size, 2018 & 2027 (%)
Figure 33. North America Vendor Management Software Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 34. North America Vendor Management Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 35. US Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 36. Canada Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 37. Mexico Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 38. Europe Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 39. Europe Vendor Management Software Market Breakdown, By Deployment Mode, 2018 & 2027 (%)
Figure 40. Europe Vendor Management Software Market Breakdown, By Enterprise Size, 2018 & 2027 (%)
Figure 41. Europe Vendor Management Software Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 42. Europe Vendor Management Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 43. UK Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 44. Germany Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 45. France Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 46. Italy Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 47. Russia Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 48. Rest of Europe Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 49. APAC Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 50. APAC Vendor Management Software Market Breakdown, By Deployment Mode, 2018 & 2027 (%)
Figure 51. APAC Vendor Management Software Market Breakdown, By Enterprise Size, 2018 & 2027 (%)
Figure 52. APAC Vendor Management Software Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 53. APAC Vendor Management Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 54. China Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 55. Japan Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 56. India Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 57. South Korea Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 58. Australia Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 59. Rest of APAC Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 60. MEA Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 61. MEA Vendor Management Software Market Breakdown, By Deployment Mode, 2018 & 2027 (%)
Figure 62. MEA Vendor Management Software Market Breakdown, By Enterprise Size, 2018 & 2027 (%)
Figure 63. MEA Vendor Management Software Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 64. MEA Vendor Management Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 65. Saudi Arabia Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 66. UAE Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 67. South Africa Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 68. Rest of MEA Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 69. South America Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 70. South America Vendor Management Software Market Breakdown, By Deployment Mode, 2018 & 2027 (%)
Figure 71. South America Vendor Management Software Market Breakdown, By Enterprise Size, 2018 & 2027 (%)
Figure 72. South America Vendor Management Software Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
Figure 73. South America Vendor Management Software Market Breakdown, By Country, 2018 & 2027(%)
Figure 74. Brazil Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 75. Argentina Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 76. Rest of South America Vendor Management Software Market Revenue and Forecast to 2027 (US$ Mn)
Figure 77. Global Vendor Management Software Market, Industry Landscape (2016-2019) %
The List of Companies
- Coupa Software Inc.
- Gatekeeper (Cinergy Technology Limited)
- HICX Solutions Ltd.
- IBM Corporation
- Intelex Technologies Inc.
- LogicManager, Inc.
- MasterControl Inc.
- Ncontracts
- SalesWarp
- SAP SE
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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