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The ‘ Vendor Management Software market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Vendor Management Software derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Vendor Management Software market size forecast, Get the report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario | Market Behavior/ Level of Risk and Opportunity | End Industry Behavior/ Opportunity Assessment | Expected Industry Recovery Timeline | Business Impact Horizon |
Opening of Economy by Q3 2020 | xx | xx | xx | xx |
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 | xx | xx | xx | xx |
Global Vendor Management Software Market is valued approximately USD 5.21 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13 % over the forecast period 2019-2026.
Vendor management is also termed as supplier management. Vendor management software are used for tracking results, implementing corrective or preventative actions , , recording non-conformance, , ongoing performance assessment and initial registration. Vendor management software permits organizations to regulate costs, drive service excellence, and mitigate risks to gain increased value from vendors. These also help companies to coordinate the complete vendor relationship from acquiring a vendor through the delivery of goods and services to issuing of paychecks and all the other functions. The Vendor Management Software market is mainly driven owing to swelling utility of cloud computing, mounting need to reduce administrative costs, increasing demand from mainly small and medium scale organizations and surging need of compliance management. The increasing adoption of cloud based software across the globe drives the market towards growth. As the vendors have access to cloud storages the adoption vendor management software increases. Moreover, the increasing penetration of smartphones fuels the market growth as with the development of vendor management mobile apps the software become easily accessible. The mobile vendor management app further improves vendor relationships, enhances supply chain and customer service, and increase productivity. However, high implementation costs impedes the growth of the market over the forecast period of 2020-2026. Although, the rise in the service sector and increasing demand from SMEs present a lucrative opportunity for the market growth.
The regional analysis of global Vendor Management Software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising preference over cloud-based technologies coupled with presence of major key players. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising disposable income and rising number of vendors would create lucrative growth prospects for the Vendor Management Software market across Asia-Pacific region.
Major market player included in this report are:
IBM Emptoris
Intelex Technologies ULC
MasterControl Inc.
MetricStream
SAP Ariba
Zycus
ConnXus
Coupa Software
Wax Digital
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Deployment Type:
On-premises
Cloud
By Industry Vertical:
BFSI
Retail
IT & Telecom
Government
Others
Target Audience of the Global Vendor Management Software Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning
Key Segments Studied in the Global Vendor Management Software Market
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Changing Forecasts in a Time of Crisis: explores key issues, including:
Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
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Key Points Covered in Vendor Management Software Market Report: COVID 19 Impact Analysis
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Vendor Management Software Market, by Region, 2018-2026 (USD Billion)
1.2.2. Vendor Management Software Market, by Deployment Type, 2018-2026 (USD Billion)
1.2.3. Vendor Management Software Market, by Industry Vertical, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vendor Management Software Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vendor Management Software Market Dynamics
3.1. Vendor Management Software Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Vendor Management Software Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Vendor Management Software Market, by Deployment Type
5.1. Market Snapshot
5.2. Global Vendor Management Software Market by Deployment Type, Performance – Potential Analysis
5.3. Global Vendor Management Software Market Estimates & Forecasts by Deployment Type 2016-2026 (USD Billion)
5.4. Vendor Management Software Market, Sub Segment Analysis
5.4.1. On-Premise
5.4.2. Cloud
Chapter 6. Global Vendor Management Software Market, by Industry Vertical
6.1. Market Snapshot
6.2. Global Vendor Management Software Market by Industry Vertical, Performance – Potential Analysis
6.3. Global Vendor Management Software Market Estimates & Forecasts by Industry Vertical 2016-2026 (USD Billion)
6.4. Vendor Management Software Market, Sub Segment Analysis
6.4.1. BFSI
6.4.2. Retail
6.4.3. IT & Telecom
6.4.4. Government
6.4.5. Others
Chapter 7. Global Vendor Management Software Market, Regional Analysis
7.1. Vendor Management Software Market, Regional Market Snapshot
7.2. North America Vendor Management Software Market
7.2.1. U.S. Vendor Management Software Market
7.2.1.1. Deployment Type breakdown estimates & forecasts, 2016-2026
7.2.1.2. Industry Vertical breakdown estimates & forecasts, 2016-2026
7.2.2. Canada Vendor Management Software Market
7.3. Europe Vendor Management Software Market Snapshot
7.3.1. U.K. Vendor Management Software Market
7.3.2. Germany Vendor Management Software Market
7.3.3. Rest of Europe Vendor Management Software Market
7.4. Asia-Pacific Vendor Management Software Market Snapshot
7.4.1. China Vendor Management Software Market
7.4.2. India Vendor Management Software Market
7.4.3. Japan Vendor Management Software Market
7.4.4. Rest of Asia Pacific Vendor Management Software Market
7.5. Latin America Vendor Management Software Market Snapshot
7.5.1. Brazil Vendor Management Software Market
7.5.2. Mexico Vendor Management Software Market
7.6. Rest of The World Vendor Management Software Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. IBM Emptoris
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Intelex Technologies ULC
8.2.3. MasterControl Inc.
8.2.4. MetricStream
8.2.5. SAP Ariba
8.2.6. Zycus
8.2.7. ConnXus
8.2.8. Coupa Software
8.2.9. Wax Digital
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
Continued….
……..and view more in complete table of Contents
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