Global Business Spend Management (BSM) Software Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/1/2022
- NO OF PAGES
- 248
- CATEGORY
- Information Technology
The Business Spend Management (BSM) Software market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Business Spend Management (BSM) Software market. On the basis of historic growth analysis and current scenario of Business Spend Management (BSM) Software market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Business Spend Management (BSM) Software market. This further helps user with their developmental strategy.
This report examines all the key factors influencing growth of global Business Spend Management (BSM) Software market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Business Spend Management (BSM) Software market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Business Spend Management (BSM) Software Market: Major Players
Advanced
Ariba Inc
SutiSoft, Inc
Fraxion
Coupa Software Inc
IBM
Altergy
Procurify
Sievo
TRADOGRAM
GEP
Global Business Spend Management (BSM) Software Market: Types
Indirect Spending
Direct Spending
MRO Spending
Others
Global Business Spend Management (BSM) Software Market: Applications
Small
Medium
Large
Global Business Spend Management (BSM) Software Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Business Spend Management (BSM) Software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Points:
Define, describe and forecast Business Spend Management (BSM) Software product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Base Year: 2023This report examines all the key factors influencing growth of global Business Spend Management (BSM) Software market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Business Spend Management (BSM) Software market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Business Spend Management (BSM) Software Market: Major Players
Advanced
Ariba Inc
SutiSoft, Inc
Fraxion
Coupa Software Inc
IBM
Altergy
Procurify
Sievo
TRADOGRAM
GEP
Global Business Spend Management (BSM) Software Market: Types
Indirect Spending
Direct Spending
MRO Spending
Others
Global Business Spend Management (BSM) Software Market: Applications
Small
Medium
Large
Global Business Spend Management (BSM) Software Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Business Spend Management (BSM) Software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Points:
Define, describe and forecast Business Spend Management (BSM) Software product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Historic Year: 2016-2022
Forecast: 2024-2035
1 Business Spend Management (BSM) Software Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Business Spend Management (BSM) Software
1.3 Business Spend Management (BSM) Software Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Business Spend Management (BSM) Software
1.4.2 Applications of Business Spend Management (BSM) Software
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Advanced Market Performance Analysis
3.1.1 Advanced Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Advanced Sales, Value, Price, Gross Margin 2016-2021
3.2 Ariba Inc Market Performance Analysis
3.2.1 Ariba Inc Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Ariba Inc Sales, Value, Price, Gross Margin 2016-2021
3.3 SutiSoft, Inc Market Performance Analysis
3.3.1 SutiSoft, Inc Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 SutiSoft, Inc Sales, Value, Price, Gross Margin 2016-2021
3.4 Fraxion Market Performance Analysis
3.4.1 Fraxion Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Fraxion Sales, Value, Price, Gross Margin 2016-2021
3.5 Coupa Software Inc Market Performance Analysis
3.5.1 Coupa Software Inc Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Coupa Software Inc Sales, Value, Price, Gross Margin 2016-2021
3.6 IBM Market Performance Analysis
3.6.1 IBM Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 IBM Sales, Value, Price, Gross Margin 2016-2021
3.7 Altergy Market Performance Analysis
3.7.1 Altergy Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Altergy Sales, Value, Price, Gross Margin 2016-2021
3.8 Procurify Market Performance Analysis
3.8.1 Procurify Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Procurify Sales, Value, Price, Gross Margin 2016-2021
3.9 Sievo Market Performance Analysis
3.9.1 Sievo Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Sievo Sales, Value, Price, Gross Margin 2016-2021
3.10 TRADOGRAM Market Performance Analysis
3.10.1 TRADOGRAM Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 TRADOGRAM Sales, Value, Price, Gross Margin 2016-2021
3.11 GEP Market Performance Analysis
3.11.1 GEP Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 GEP Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Business Spend Management (BSM) Software Production and Value by Type
4.1.1 Global Business Spend Management (BSM) Software Production by Type 2016-2021
4.1.2 Global Business Spend Management (BSM) Software Market Value by Type 2016-2021
4.2 Global Business Spend Management (BSM) Software Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Indirect Spending Market Production, Value and Growth Rate
4.2.2 Direct Spending Market Production, Value and Growth Rate
4.2.3 MRO Spending Market Production, Value and Growth Rate
4.2.4 Others Market Production, Value and Growth Rate
4.3 Global Business Spend Management (BSM) Software Production and Value Forecast by Type
4.3.1 Global Business Spend Management (BSM) Software Production Forecast by Type 2021-2026
4.3.2 Global Business Spend Management (BSM) Software Market Value Forecast by Type 2021-2026
4.4 Global Business Spend Management (BSM) Software Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Indirect Spending Market Production, Value and Growth Rate Forecast
4.4.2 Direct Spending Market Production, Value and Growth Rate Forecast
4.4.3 MRO Spending Market Production, Value and Growth Rate Forecast
4.4.4 Others Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Business Spend Management (BSM) Software Consumption and Value by Application
5.1.1 Global Business Spend Management (BSM) Software Consumption by Application 2016-2021
5.1.2 Global Business Spend Management (BSM) Software Market Value by Application 2016-2021
5.2 Global Business Spend Management (BSM) Software Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Small Market Consumption, Value and Growth Rate
5.2.2 Medium Market Consumption, Value and Growth Rate
5.2.3 Large Market Consumption, Value and Growth Rate
5.3 Global Business Spend Management (BSM) Software Consumption and Value Forecast by Application
5.3.1 Global Business Spend Management (BSM) Software Consumption Forecast by Application 2021-2026
5.3.2 Global Business Spend Management (BSM) Software Market Value Forecast by Application 2021-2026
5.4 Global Business Spend Management (BSM) Software Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Small Market Consumption, Value and Growth Rate Forecast
5.4.2 Medium Market Consumption, Value and Growth Rate Forecast
5.4.3 Large Market Consumption, Value and Growth Rate Forecast
6 Global Business Spend Management (BSM) Software by Region, Historical Data and Market Forecasts
6.1 Global Business Spend Management (BSM) Software Sales by Region 2016-2021
6.2 Global Business Spend Management (BSM) Software Market Value by Region 2016-2021
6.3 Global Business Spend Management (BSM) Software Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Business Spend Management (BSM) Software Sales Forecast by Region 2021-2026
6.5 Global Business Spend Management (BSM) Software Market Value Forecast by Region 2021-2026
6.6 Global Business Spend Management (BSM) Software Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Business Spend Management (BSM) Software Value and Market Growth 2016-2021
7.2 United State Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
7.3 United State Business Spend Management (BSM) Software Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Business Spend Management (BSM) Software Value and Market Growth 2016-2021
8.2 Canada Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
8.3 Canada Business Spend Management (BSM) Software Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Business Spend Management (BSM) Software Value and Market Growth 2016-2021
9.2 Germany Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
9.3 Germany Business Spend Management (BSM) Software Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Business Spend Management (BSM) Software Value and Market Growth 2016-2021
10.2 UK Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
10.3 UK Business Spend Management (BSM) Software Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Business Spend Management (BSM) Software Value and Market Growth 2016-2021
11.2 France Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
11.3 France Business Spend Management (BSM) Software Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Business Spend Management (BSM) Software Value and Market Growth 2016-2021
12.2 Italy Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
12.3 Italy Business Spend Management (BSM) Software Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Business Spend Management (BSM) Software Value and Market Growth 2016-2021
13.2 Spain Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
13.3 Spain Business Spend Management (BSM) Software Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Business Spend Management (BSM) Software Value and Market Growth 2016-2021
14.2 Russia Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
14.3 Russia Business Spend Management (BSM) Software Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Business Spend Management (BSM) Software Value and Market Growth 2016-2021
15.2 China Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
15.3 China Business Spend Management (BSM) Software Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Business Spend Management (BSM) Software Value and Market Growth 2016-2021
16.2 Japan Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
16.3 Japan Business Spend Management (BSM) Software Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Business Spend Management (BSM) Software Value and Market Growth 2016-2021
17.2 South Korea Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
17.3 South Korea Business Spend Management (BSM) Software Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Business Spend Management (BSM) Software Value and Market Growth 2016-2021
18.2 Australia Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
18.3 Australia Business Spend Management (BSM) Software Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Business Spend Management (BSM) Software Value and Market Growth 2016-2021
19.2 Thailand Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
19.3 Thailand Business Spend Management (BSM) Software Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Business Spend Management (BSM) Software Value and Market Growth 2016-2021
20.2 Brazil Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
20.3 Brazil Business Spend Management (BSM) Software Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Business Spend Management (BSM) Software Value and Market Growth 2016-2021
21.2 Argentina Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
21.3 Argentina Business Spend Management (BSM) Software Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Business Spend Management (BSM) Software Value and Market Growth 2016-2021
22.2 Chile Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
22.3 Chile Business Spend Management (BSM) Software Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Business Spend Management (BSM) Software Value and Market Growth 2016-2021
23.2 South Africa Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
23.3 South Africa Business Spend Management (BSM) Software Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Business Spend Management (BSM) Software Value and Market Growth 2016-2021
24.2 Egypt Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
24.3 Egypt Business Spend Management (BSM) Software Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Business Spend Management (BSM) Software Value and Market Growth 2016-2021
25.2 UAE Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
25.3 UAE Business Spend Management (BSM) Software Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Business Spend Management (BSM) Software Value and Market Growth 2016-2021
26.2 Saudi Arabia Business Spend Management (BSM) Software Sales and Market Growth 2016-2021
26.3 Saudi Arabia Business Spend Management (BSM) Software Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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