Procurement Software Market Size, Report: USD 15.13 Bn by 2030, Highlighting Oracle Corporation
Streamlining Spending: Procurement Software Market Set to Reach USD 15.13 Billion by 2030 Businesses around the world are tightening their belts and optimizing operations. The global procurement software market is poised for significant growth, reaching an estimated USD 15.13 billion by 2030. This translates to a healthy CAGR of 10.8% over the forecast period, driven by the increasing need for efficient and cost-effective procurement processes, according to a new report by Maximize Market Research. Request for free sample: Procurement Software: A Smarter Way to Source Procurement software helps businesses automate and streamline their purchasing processes, from requisitioning and sourcing to contract management and invoice processing. This empowers companies to save money, improve efficiency, and gain greater visibility into their spending. Market in Focus: A Segmented Landscape The procurement software market is segmented by deployment type (on-premises, cloud-based) and industry