Published: November 25, 2008
Document ID # G00162877
Author: Chad Eschinger, Debbie Wilson
The procurement software market is forecast to grow from $2.1 billion in 2008 to more than $3.0 billion worldwide in 2012, a compound annual growth rate (CAGR) of 10.1%. With current market discontinuities, procurement technologies are well-positioned to assist companies in reducing spending. This report profiles and sizes the overall market along with sub-markets for sourcing, contract management, e-procurement, procurement business process hubs (networks) and plain old purchasing. A subscription or purchase is required to access this report.