Global Tail Spend Management Solutions Market 2023-2027

Description

List of Tables

The tail spend management solutions market is forecasted to grow by USD 453.1 mn during 2022-2027, accelerating at a CAGR of 4.74% % during the forecast period. The report on the tail spend management solutions market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increasing focus on cost reduction, the growing complexity of supply chain management, and the adoption of cloud-based solutions.

Technavio's tail spend management solutions market is segmented as below:

By Solution

Spend analytics
Order management
Contract management

By End-user

BFSI
Transportation and logistics
Healthcare
Retail
Others

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the increased adoption of AI and ML as one of the prime reasons driving the tail spend management solutions market growth during the next few years. Also, integration with e-procurement systems and focus on user experience will lead to sizable demand in the market.

The report on the tail spend management solutions market covers the following areas:

Tail spend management solutions market sizing
Tail spend management solutions market forecast
Tail spend management solutions market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tail spend management solutions market vendors that include ASM Technologies Ltd., Basware Corp., Capita Plc, Corcentric Inc., Fairmarkit Inc., Ivalua Inc., JAGGAER LLC, Logistic Solution Inc., NB Ventures Inc., SAP SE, Simfoni Ltd., Technology Concepts Group International, UNA, V LINE Europe GmbH, Zycus Inc., and Proactis Holdings plc. Also, the tail spend management solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75400

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Solution
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global tail spend management solutions market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global tail spend management solutions market 2017 - 2021 ($ million)
4.2 Solution Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Solution Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Solution

6.1 Market segments
Exhibit 30: Chart on Solution - Market share 2022-2027 (%)
Exhibit 31: Data Table on Solution - Market share 2022-2027 (%)
6.2 Comparison by Solution
Exhibit 32: Chart on Comparison by Solution
Exhibit 33: Data Table on Comparison by Solution
6.3 Spend analytics - Market size and forecast 2022-2027
Exhibit 34: Chart on Spend analytics - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Spend analytics - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Spend analytics - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Spend analytics - Year-over-year growth 2022-2027 (%)
6.4 Order management - Market size and forecast 2022-2027
Exhibit 38: Chart on Order management - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Order management - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Order management - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Order management - Year-over-year growth 2022-2027 (%)
6.5 Contract management - Market size and forecast 2022-2027
Exhibit 42: Chart on Contract management - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Contract management - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Contract management - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Contract management - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Solution
Exhibit 46: Market opportunity by Solution ($ million)
Exhibit 47: Data Table on Market opportunity by Solution ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 50: Chart on Comparison by End-user
Exhibit 51: Data Table on Comparison by End-user
7.3 BFSI - Market size and forecast 2022-2027
Exhibit 52: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on BFSI - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
7.4 Transportation and logistics - Market size and forecast 2022-2027
Exhibit 56: Chart on Transportation and logistics - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Transportation and logistics - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Transportation and logistics - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Transportation and logistics - Year-over-year growth 2022-2027 (%)
7.5 Healthcare - Market size and forecast 2022-2027
Exhibit 60: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
7.6 Retail - Market size and forecast 2022-2027
Exhibit 64: Chart on Retail - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on Retail - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Retail - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 72: Market opportunity by End-user ($ million)
Exhibit 73: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 76: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027
Exhibit 111: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 115: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 116: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 117: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 119: Market opportunity By Geographical Landscape ($ million)
Exhibit 120: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 ASM Technologies Ltd.
Exhibit 127: ASM Technologies Ltd. - Overview
Exhibit 128: ASM Technologies Ltd. - Product / Service
Exhibit 129: ASM Technologies Ltd. - Key offerings
12.4 Basware Corp.
Exhibit 130: Basware Corp. - Overview
Exhibit 131: Basware Corp. - Product / Service
Exhibit 132: Basware Corp. - Key news
Exhibit 133: Basware Corp. - Key offerings
12.5 Capita Plc
Exhibit 134: Capita Plc - Overview
Exhibit 135: Capita Plc - Business segments
Exhibit 136: Capita Plc - Key offerings
Exhibit 137: Capita Plc - Segment focus
12.6 Corcentric Inc.
Exhibit 138: Corcentric Inc. - Overview
Exhibit 139: Corcentric Inc. - Product / Service
Exhibit 140: Corcentric Inc. - Key offerings
12.7 Fairmarkit Inc.
Exhibit 141: Fairmarkit Inc. - Overview
Exhibit 142: Fairmarkit Inc. - Product / Service
Exhibit 143: Fairmarkit Inc. - Key offerings
12.8 JAGGAER LLC
Exhibit 144: JAGGAER LLC - Overview
Exhibit 145: JAGGAER LLC - Product / Service
Exhibit 146: JAGGAER LLC - Key offerings
12.9 Logistic Solution Inc.
Exhibit 147: Logistic Solution Inc. - Overview
Exhibit 148: Logistic Solution Inc. - Product / Service
Exhibit 149: Logistic Solution Inc. - Key offerings
12.10 NB Ventures Inc.
Exhibit 150: NB Ventures Inc. - Overview
Exhibit 151: NB Ventures Inc. - Product / Service
Exhibit 152: NB Ventures Inc. - Key offerings
12.11 Proactis Holdings plc
Exhibit 153: Proactis Holdings plc - Overview
Exhibit 154: Proactis Holdings plc - Business segments
Exhibit 155: Proactis Holdings plc - Key offerings
Exhibit 156: Proactis Holdings plc - Segment focus
12.12 SAP SE
Exhibit 157: SAP SE - Overview
Exhibit 158: SAP SE - Business segments
Exhibit 159: SAP SE - Key news
Exhibit 160: SAP SE - Key offerings
Exhibit 161: SAP SE - Segment focus
12.13 Simfoni Ltd.
Exhibit 162: Simfoni Ltd. - Overview
Exhibit 163: Simfoni Ltd. - Product / Service
Exhibit 164: Simfoni Ltd. - Key offerings
12.14 Technology Concepts Group International
Exhibit 165: Technology Concepts Group International - Overview
Exhibit 166: Technology Concepts Group International - Product / Service
Exhibit 167: Technology Concepts Group International - Key offerings
12.15 UNA
Exhibit 168: UNA - Overview
Exhibit 169: UNA - Product / Service
Exhibit 170: UNA - Key offerings
12.16 V LINE Europe GmbH
Exhibit 171: V LINE Europe GmbH - Overview
Exhibit 172: V LINE Europe GmbH - Product / Service
Exhibit 173: V LINE Europe GmbH - Key offerings
12.17 Zycus Inc.
Exhibit 174: Zycus Inc. - Overview
Exhibit 175: Zycus Inc. - Product / Service
Exhibit 176: Zycus Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 177: Inclusions checklist
Exhibit 178: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 179: Currency conversion rates for US$
13.4 Research methodology
Exhibit 180: Research methodology
Exhibit 181: Validation techniques employed for market sizing
Exhibit 182: Information sources
13.5 List of abbreviations
Exhibit 183: List of abbreviations