Sourcing Software Market

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.

Sourcing Software Market aims to provide a comprehensive presentation of the global market for Sourcing Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sourcing Software. Sourcing Software Market contains market size and forecasts of Sourcing Software in global, including the following market information:

Global Sourcing Software Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global top five companies in 2022 (%)

The global Sourcing Software market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The manufacturing sector accounted for the largest sourcing software market share in 2017 and will continue to dominate the market over the next few years. One of the major factors responsible for the growing demand of sourcing software is to reduce supply chain risk and costs through automation of the sourcing process.

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, 2018-2023, 2024-2030 ($ millions)

Global Sourcing Software Market Segment Percentages, by Type, 2022 (%)

On-premise

Cloud-based

Global Sourcing Software Market, by Application, 2018-2023, 2024-2030 ($ millions)

Global Sourcing Software Market Segment Percentages, by Application, 2022 (%)

Manufacturing

Retail

IT and Telecom

Healthcare

Others

Global Sourcing Software Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)

Global Sourcing Software Market Segment Percentages, By Region and Country, 2022 (%)

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, 2018-2023 (estimated), ($ millions)

Key companies Sourcing Software revenues share in global market, 2022 (%)

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

Outline of Major Chapters:

Chapter 1: Introduces the definition of Sourcing Software, market overview.

Chapter 2: Global Sourcing Software market size in revenue.

Chapter 3: Detailed analysis of Sourcing Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Sourcing Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.