The Spend Analysis market was valued at USD 1.61 billion in 2020 and is expected to reach USD 4.33 billion by 2026 at a CAGR of 17% over the forecast period from 2021 to 2027. The new generation of solutions is quietly attracting attention with an AI approach. As the demand for supplier and market intelligence increases, technology giants like IBM, Coupa and TAMR are undertaking very innovative developments, which will gain traction in the future.
A full report of Spend Analytics Market available at https://www.orionmarketreports.com/spend-analytics-market/28568/
Major Market Players of Speech Recognition Market
• SAP SE (Germany)
• SAS Institute, Inc. (US)
• IBM Corporation (US)
• Oracle Corporation (US)
• Coupa Software Inc. (US)
• Zycus Inc. (US)
• Proactis (UK)
• Empronc Solutions Pvt. Ltd. (India)
• JAGGAER (US)
• Rosslyn Analytics, Ltd. (UK)
• Ivalua Inc. (US)
• BravoSolution SPA (US)
Spend Analytics Market- Segmentation
By Application
• Financial Management
• Risk Management
• Governance & Compliance Management
• Supplier Sourcing & Performing Management
• Demand & Supply Forecasting
• Others
By Component
• Software
• Services
By Analytics Type
• Diagnostic
• Predictive
• Prescriptive
• Descriptive
By Business Function
• Finance
• Information Technology (IT)
• Marketing
• Procurement
By Deployment Model
• On-Premises
• Cloud
• Hybrid
By Organization Size
• Small & Medium-Sized Businesses (SMBs)
• Large Enterprises
By Industry Vertical
• Manufacturing
• Retail & E-Commerce
• Government & Defense
• Healthcare & Life Sciences
• Telecommunications & Information Technology (IT)
• Banking, Financial Services & Insurance (BFSI)
• Energy & Utilities
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
