Global Vendor Management Software Market 2017-2021

  • ID: 4368838
  • Report
  • Region: Global
  • 83 pages
  • TechNavio
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Analysts forecast the global vendor management software market to grow at a CAGR of 12.63% during the period 2017-2021

FEATURED COMPANIES

  • 360factors
  • Deskera
  • Freshdesk
  • Intelex Technologies
  • MasterControl
  • SalesWarp
  • MORE
About Vendor Management Software

Analysts forecast the global vendor management software market to grow at a CAGR of 12.63% during the period 2017-2021

Vendor management is also known as supplier management. Vendor management software performs initial registration, ongoing performance assessment, recording non-conformance, implementing corrective or preventative actions, and tracking results. Vendor management software enables organizations to control costs, drive service excellence, and mitigate risks to gain increased value from vendors. Vendor management software helps companies to coordinate the entire vendor relationship from acquiring a vendor through the delivery of goods and services to issuing of paychecks and all the other functions in between.

Covered in this report

The report covers the present scenario and the growth prospects of the global vendor management software market for 2017-2021. To calculate the market size, the report considers revenue generated from the sale of vendor management software license, maintenance and support, installation, customization, and training.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Global Vendor Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
  • IBM Emptoris
  • Intelex Technologies
  • MasterControl
  • MetricStream
  • SAP Ariba
Other Prominent Vendors
  • Adjuno
  • ConnXus
  • Coupa Software
  • Determine
  • Deskera
  • eBid Systems
  • eSellerHub
  • 360factors
  • Freshdesk
  • GEP
  • HICX Solutions
  • Ivalua
  • JAGGAER
  • LogicManager
  • PROACTIS
  • Quantivate
  • SalesWarp
  • SUPERNAL SOFTWARE
  • TraceGains
  • Wax Digital
  • Wise Retail
  • Zycus
Market Drivers
  • Increased adoption of cloud-based vendor management software
  • For a full, detailed list, view the full report
Market Challenges
  • High implementation and maintenance costs
  • For a full, detailed list, view the full report
Market Trends
  • Rise in demand for integrated vendor management solutions
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research:
  • Primary research includes in-depth interviews with industry experts, vendors, resellers and customers
  • Secondary research includes the publisher's platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by government agencies
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 360factors
  • Deskera
  • Freshdesk
  • Intelex Technologies
  • MasterControl
  • SalesWarp
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Economic overview
  • Global economic overview and its impact on the market and vendors
PART 06: Market landscape
  • Market overview
  • Market assumptions
  • Market size and forecast
  • Five forces analysis
PART 07: Market segmentation by deployment model
  • Global vendor management software market by deployment model
  • Global on-premises vendor management software market
  • Global cloud-based vendor management software market
PART 08: Market segmentation by end-user
  • Global vendor management software market by end-user
PART 09: Geographical segmentation
  • Global vendor management software market by geography
  • Americas
  • EMEA
  • APAC
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Rise in demand for integrated vendor management solutions
  • Supply chain analytics in-built in vendor management software
  • Introduction of vendor management mobile apps
PART 13: Vendor landscape
  • Competitive scenario
PART 14: Mergers and acquisitions
  • Mergers and acquisitions in the market
  • Major-vendor offerings
  • Vendor matrix
  • Competitive rating
  • Key vendors
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Market assumptions
Exhibit 02: Global vendor management software market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Deployment models
Exhibit 05: Global vendor management software market by deployment 2016-2021 (% share of revenue)
Exhibit 06: Global on-premises vendor management software market 2016-2021 ($ billions)
Exhibit 07: Global cloud-based vendor management software market 2016-2021 ($ billions)
Exhibit 08: Differences between on-premises and cloud-based vendor management software
Exhibit 09: Global vendor management software market by end-user 2016-2021 (% share of revenue)
Exhibit 10: Global vendor management software market by end-user 2016-2021 ($ billions)
Exhibit 11: Global vendor management software by geography 2016-2021 (% share of revenue)
Exhibit 12: Global vendor management software market by geography 2016-2021 ($ billions)
Exhibit 13: Open-source vendor management software
Exhibit 14: Competitive factors among vendors in market
Exhibit 15: Licensing models
Exhibit 16: Mergers and acquisitions in the global vendor management software market
Exhibit 17: Product offerings
Exhibit 18: Features
Exhibit 19: Applications
Exhibit 20: Support
Exhibit 21: Training
Exhibit 22: End-users served
Exhibit 23: Geography
Exhibit 24: Competitive rating
Exhibit 25: Other prominent vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 360factors
  • Deskera
  • Freshdesk
  • Intelex Technologies
  • MasterControl
  • SalesWarp
  • MORE
New Research Report - Global Vendor Management Software Market 2017-2021

The publisher recognizes the following companies as the key players in the global vendor management software market: IBM Emptoris, Intelex Technologies, MasterControl, MetricStream, and SAP Ariba.

Other Prominent Vendors in the market are: Adjuno, ConnXus, Coupa Software, Determine, Deskera, eBid Systems, eSellerHub, 360factors, Freshdesk, GEP, HICX Solutions, Ivalua, JAGGAER, LogicManager, PROACTIS, Quantivate, SalesWarp, SUPERNAL SOFTWARE, TraceGains, Wax Digital, Wise Retail, and Zycus.

Commenting on the report, an analyst from the research team said: “One trend in the market is rise in demand for integrated vendor management solutions. End-users prefer vendors that provide integrated and converged software suites as opting for different software may lead to integration issues. Integrated products and software suites from the same vendor have better integration ability and support other functions. As increased complexity of network infrastructure has made integration an important buying criterion, solutions with better integration are finding higher adoption.”

According to the report, one driver in the market is increased adoption of cloud-based vendor management software. Cloud computing enable enterprises to use the software on a pay-per-use basis, which makes it cost-effective. Some of the factors responsible for the adoption of cloud-based vendor management software are easier and faster implementation of IT solutions, less dependency on in-house IT personnel, limited requirements for hardware infrastructure, low maintenance costs, and no licensing costs. These solutions enable businesses to focus on developing their core competencies.

Further, the report states that one challenge in the market is high implementation and maintenance costs. The high cost of deploying the on-premises vendor management software is one of the major challenges in the market for the SMEs. The price of the vendor management software includes the system design and customization cost, implementation cost, training, and maintenance cost. The implementation of the software in an organization requires IT staff with the relevant skill set. The implementation of the vendor management software requires planning, adequate funding, self-assessment, cooperation, and clear vision at all managerial levels.

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 a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • IBM Emptoris
  • Intelex Technologies
  • MasterControl
  • MetricStream
  • SAP Ariba
  • Adjuno
  • ConnXus
  • Coupa Software
  • Determine
  • Deskera
  • eBid Systems
  • eSellerHub
  • 360factors
  • Freshdesk
  • GEP
  • HICX Solutions
  • Ivalua
  • JAGGAER
  • LogicManager
  • PROACTIS
  • Quantivate
  • SalesWarp
  • SUPERNAL SOFTWARE
  • TraceGains
  • Wax Digital
  • Wise Retail
  • Zycus
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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