Global Vendor Management Software Market Size study, by Type (Cloud, On-premises), by Application (BFSI, Retail, IT & Telecommunication, Government, Others) and Regional Forecasts 2019-2026

Report Id

111214

Publisher Name

Bizwit Research & Consulting LLP

Published Date

15-May-19

No of Pages

200

Market Scenario

Global Vendor Management Software Market valued approximately USD 4.61 billion in 2018 is anticipated to grow with a healthy growth rate of more than 12.60% over the forecast period 2019-2026. The Vendor Management Software Market is continuously growing in the global scenario at significant pace. 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. Surging utility of cloud computing, escalating need to reduce administrative costs, increasing demand from mainly small and medium scale organizations and surging need of compliance management are the substantial driving factors of the market during the forecast period. Moreover, rising demand for integrated vendor management solution is the major factors that likely to create numerous opportunity in the near future. In addition, 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 is another factor that impelling the growth of the market during the forecast period. However, high implementation & maintenance cost and is one of the major factors that limiting the growth of the market across the world. 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 due to increasing demand for vendor management software among BFSI & telecom industries and presence of upgraded technologies in the region. Europe is estimated to grow at significant growth rate in the global Vendor Management Software market over the upcoming years. Further, Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2026 owing to rising adoption of software in various industries to enhance supply chain & customer service across the region. The major market player included in this report are: IBM Emptoris Intelex Technologies Master Control MetricStream SAP Ariba Zycus 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 Type: Cloud On-premises By Application: BFSI Retail IT & Telecommunication Government Others By Regions: North America U.S. Canada Europe UK Germany Asia Pacific China India Japan Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year –2016, 2017 Base year – 2018 Forecast period – 2019 to 2026 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

Table of Contents

TABLE OF CONTENTS Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Key Trends 1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion) 1.3.1. Vendor Management Software Market, by Deployment Model, 2016-2026 (USD Billion) 1.3.2. Vendor Management Software Market, by Industry Verticals, 2016-2026 (USD Billion) 1.3.3. Vendor Management Software Market, by Region, 2016-2026 (USD Billion) 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Vendor Management Software Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Industry Evolution 2.2.2. Scope of the Study 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Vendor Management Software Market Dynamics 3.1. See Saw Analysis 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Vendor Management Software Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Buyers 4.1.2. Bargaining Power of Suppliers 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 4.2. PEST Analysis 4.2.1. Political Scenario 4.2.2. Economic Scenario 4.2.3. Social Scenario 4.2.4. Technological Scenario 4.3. Key Buying Criteria (On Demand) 4.4. Regulatory Framework (On Demand) 4.5. Investment Vs Adoption Scenario (On Demand) 4.6. Analyst Recommendation & Conclusion Chapter 5. Vendor Management Software Market, by Deployment Model 5.1. Market Snapshot 5.2. Market Performance - Potential Model 5.3. Key Market Players 5.4. Vendor Management Software Market, Sub Segment Analysis 5.4.1. Cloud 5.4.1.1. Market estimates & forecasts, 2016-2026 (USD Billion) 5.4.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion) 5.4.2. On-premises 5.4.2.1. Market estimates & forecasts, 2016-2026 (USD Billion) 5.4.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion) Chapter 6. Vendor Management Software Market, by Industry Verticals 6.1. Market Snapshot 6.2. Market Performance - Potential Model 6.3. Key Market Players 6.4. Vendor Management Software Market, Sub Segment Analysis 6.4.1. BFSI 6.4.1.1. Market estimates & forecasts, 2016-2026 (USD Billion) 6.4.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion) 6.4.2. Retail 6.4.2.1. Market estimates & forecasts, 2016-2026 (USD Billion) 6.4.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion) 6.4.3. IT & Telecommunication 6.4.3.1. Market estimates & forecasts, 2016-2026 (USD Billion) 6.4.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion) 6.4.4. Government 6.4.4.1. Market estimates & forecasts, 2016-2026 (USD Billion) 6.4.4.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion) 6.4.5. Others 6.4.5.1. Market estimates & forecasts, 2016-2026 (USD Billion) 6.4.5.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion) Chapter 7. Vendor Management Software Market, by Regional Analysis 7.1. Vendor Management Software Market, Regional Market Snapshot (2016-2026) 7.2. North America Vendor Management Software Market Snapshot 7.2.1. U.S. 7.2.1.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.2.1.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.2.1.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.2.2. Canada 7.2.2.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.2.2.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.2.2.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.3. Europe Vendor Management Software Market Snapshot 7.3.1. U.K. 7.3.1.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.3.1.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.3.1.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.3.2. Rest of Europe 7.3.2.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.3.2.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.3.2.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.4. Asia Vendor Management Software Market Snapshot 7.4.1. China 7.4.1.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.4.1.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.4.1.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.4.2. India 7.4.2.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.4.2.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.4.2.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.4.3. Japan 7.4.3.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.4.3.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.4.3.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.4.4. Rest of Asia Pacific 7.4.4.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.4.4.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.4.4.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.5. Latin America Vendor Management Software Market Snapshot 7.5.1. Brazil 7.5.1.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.5.1.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.5.1.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.5.2. Mexico 7.5.2.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.5.2.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.5.2.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.6. Rest of The World 7.6.1. South America 7.6.1.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.6.1.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.6.1.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.6.2. Middle East and Africa 7.6.2.1. Market estimates & forecasts, 2016-2026 (USD Billion) 7.6.2.2. Deployment Model breakdown estimates & forecasts, 2016-2026 (USD Billion) 7.6.2.3. Industry Verticals breakdown estimates & forecasts, 2016-2026 (USD Billion) Chapter 8. Competitive Intelligence 8.1. Company Market Share (Subject to Data Availability) 8.2. Top Market Strategies 8.3. Company Profiles 8.3.1. IBM Emptoris 8.3.1.1. Overview 8.3.1.2. Financial (Subject to Data Availability) 8.3.1.3. Summary 8.3.1.4. Recent Developments 8.3.2. Intelex Technologies 8.3.3. Master Control 8.3.4. MetricStream 8.3.5. SAP Ariba 8.3.6. Zycus 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 9.1.6. Research Assumption

Methodology

This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain

research-methodology

Research Tools and Models

  • Top-Down Approach and Bottom-Up Approach
  • QFD Modeling for Market Size and Share Calculation
  • Regression, Variable and Impact Analysis
  • Penetration Modeling

Qualitative Research

  • It comprises briefing about market dynamics and business opportunities and strategies.
  • Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.

Quantitative Research

It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:

  • Identification of market variables and market size derivation
  • Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
  • Evaluation historical market trends and derivation of present and future year-on-year growth trends

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