Procurement Analytics Industry The global procurement analytics market size is expected to reach USD 18.18 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 23.6% from 2022 to 2030. The industry is benefiting from the requirement for operational efficiency. A rising need for efficiency sparks the market's growth. Procurement...

Market Overview Procurement analytics refers to the use of data science, AI, and business intelligence tools to gain actionable insights across the procurement value chain. This includes analyzing historical spending, tracking supplier performance, forecasting demand, and optimizing sourcing strategies. According to the research report, the global procurement analytics...