Report overview
Sourcing is the process of locating sources of goods and services of a company. It is a component of the procurement process. In procurement, major focus will be on the logistics of acquiring materials, whereas in sourcing the focus is to find the best and cost-effective suppliers for the resources. Since the profit of a business can rely heavily on finding the best possible sources, sourcing plays a vital role in the procurement process and in the overall supply chain management process.
This report contains market size and forecasts of Sourcing Software in Global, including the following market information:
Global Sourcing Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Sourcing Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-premise Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Sourcing Software include IBM, SAP, Capgemini, ESM Solutions, Coupa Software, Jaggaer, Determine, Inc, Winddle and Xeeva, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Sourcing Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sourcing Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Sourcing Software Market Segment Percentages, by Type, 2021 (%)
On-premise
Cloud-based
Global Sourcing Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Sourcing Software Market Segment Percentages, by Application, 2021 (%)
Manufacturing
Retail
IT and Telecom
Healthcare
Others
Global Sourcing Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Sourcing Software Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Sourcing Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Sourcing Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
SAP
Capgemini
ESM Solutions
Coupa Software
Jaggaer
Determine, Inc
Winddle
Xeeva
ClearTrack Information Network
eBid Systems
GEP Worldwide
Market Dojo
Zycus
