Global Tail Spend Solution Supply, Demand and Key Producers, 2024-2030
Page: 105
Published Date: 09 Jul 2024
Category: Service & Software
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
Tail spend solutions help organizations manage and optimize their low-value, high-volume procurement spend, which often accounts for a significant portion of total transactions but a small percentage of total spend. These solutions streamline the procurement process, reduce costs, and increase efficiency.
The global Tail Spend Solution market size is expected to reach $ million by 2030, rising at a market growth of %CAGR during the forecast period (2024-2030).
This report studies the global Tail Spend Solution demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Tail Spend Solution, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Tail Spend Solution that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Tail Spend Solution total market, 2019-2030, (USD Million)
Global Tail Spend Solution total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Tail Spend Solution total market, key domestic companies, and share, (USD Million)
Global Tail Spend Solution revenue by player, revenue and market share 2019-2024, (USD Million)
Global Tail Spend Solution total market by Type, CAGR, 2019-2030, (USD Million)
Global Tail Spend Solution total market by Application, CAGR, 2019-2030, (USD Million)
This report profiles major players in the global Tail Spend Solution market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Coupa, SAP Ariba, Proactis, GEP, Jaggaer, Determine (a Corcentric company), Scanmarket, Fairmarkit, Xeeva, Ivalua, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Tail Spend Solution market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Tail Spend Solution Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Tail Spend Solution Market, Segmentation by Type
Spend Analysis
Contract Management
Other
Global Tail Spend Solution Market, Segmentation by Application:
Manufacturing
Retail
Financial Services
Health Care
Other
Companies Profiled:
Coupa
SAP Ariba
Proactis
GEP
Jaggaer
Determine (a Corcentric company)
Scanmarket
Fairmarkit
Xeeva
Ivalua
Key Questions Answered
1. How big is the global Tail Spend Solution market?
2. What is the demand of the global Tail Spend Solution market?
3. What is the year over year growth of the global Tail Spend Solution market?
4. What is the total value of the global Tail Spend Solution market?
5. Who are the Major Players in the global Tail Spend Solution market?
6. What are the growth factors driving the market demand?
Table of Contents
1 Supply Summary
1.1 Tail Spend Solution Introduction
1.2 World Tail Spend Solution Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Tail Spend Solution Total Market by Region (by Headquarter Location)
1.3.1 World Tail Spend Solution Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Based Company Tail Spend Solution Revenue (2019-2030)
1.3.3 China Based Company Tail Spend Solution Revenue (2019-2030)
1.3.4 Europe Based Company Tail Spend Solution Revenue (2019-2030)
1.3.5 Japan Based Company Tail Spend Solution Revenue (2019-2030)
1.3.6 South Korea Based Company Tail Spend Solution Revenue (2019-2030)
1.3.7 ASEAN Based Company Tail Spend Solution Revenue (2019-2030)
1.3.8 India Based Company Tail Spend Solution Revenue (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Tail Spend Solution Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Major Market Trends
2 Demand Summary
2.1 World Tail Spend Solution Consumption Value (2019-2030)
2.2 World Tail Spend Solution Consumption Value by Region
2.2.1 World Tail Spend Solution Consumption Value by Region (2019-2024)
2.2.2 World Tail Spend Solution Consumption Value Forecast by Region (2025-2030)
2.3 United States Tail Spend Solution Consumption Value (2019-2030)
2.4 China Tail Spend Solution Consumption Value (2019-2030)
2.5 Europe Tail Spend Solution Consumption Value (2019-2030)
2.6 Japan Tail Spend Solution Consumption Value (2019-2030)
2.7 South Korea Tail Spend Solution Consumption Value (2019-2030)
2.8 ASEAN Tail Spend Solution Consumption Value (2019-2030)
2.9 India Tail Spend Solution Consumption Value (2019-2030)
3 World Tail Spend Solution Companies Competitive Analysis
3.1 World Tail Spend Solution Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Tail Spend Solution Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Tail Spend Solution in 2023
3.2.3 Global Concentration Ratios (CR8) for Tail Spend Solution in 2023
3.3 Tail Spend Solution Company Evaluation Quadrant
3.4 Tail Spend Solution Market: Overall Company Footprint Analysis
3.4.1 Tail Spend Solution Market: Region Footprint
3.4.2 Tail Spend Solution Market: Company Product Type Footprint
3.4.3 Tail Spend Solution Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers & Acquisitions Activity
4 United States VS China VS Rest of World (by Headquarter Location)
4.1 United States VS China: Tail Spend Solution Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Tail Spend Solution Revenue Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Tail Spend Solution Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Tail Spend Solution Consumption Value Comparison
4.2.1 United States VS China: Tail Spend Solution Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Tail Spend Solution Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Tail Spend Solution Companies and Market Share, 2019-2024
4.3.1 United States Based Tail Spend Solution Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Tail Spend Solution Revenue, (2019-2024)
4.4 China Based Companies Tail Spend Solution Revenue and Market Share, 2019-2024
4.4.1 China Based Tail Spend Solution Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Tail Spend Solution Revenue, (2019-2024)
4.5 Rest of World Based Tail Spend Solution Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Tail Spend Solution Companies, Headquarters (Province, Country)
4.5.2 Rest of World Based Companies Tail Spend Solution Revenue (2019-2024)
5 Market Analysis by Type
5.1 World Tail Spend Solution Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Spend Analysis
5.2.2 Contract Management
5.2.3 Other
5.3 Market Segment by Type
5.3.1 World Tail Spend Solution Market Size by Type (2019-2024)
5.3.2 World Tail Spend Solution Market Size by Type (2025-2030)
5.3.3 World Tail Spend Solution Market Size Market Share by Type (2025-2030)
6 Market Analysis by Application
6.1 World Tail Spend Solution Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Manufacturing
6.2.2 Retail
6.2.3 Financial Services
6.2.4 Health Care
6.2.5 Other
6.3 Market Segment by Application
6.3.1 World Tail Spend Solution Market Size by Application (2019-2024)
6.3.2 World Tail Spend Solution Market Size by Application (2025-2030)
6.3.3 World Tail Spend Solution Market Size Market Share by Application (2019-2030)
7 Company Profiles
7.1 Coupa
7.1.1 Coupa Details
7.1.2 Coupa Major Business
7.1.3 Coupa Tail Spend Solution Product and Services
7.1.4 Coupa Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Coupa Recent Developments/Updates
7.1.6 Coupa Competitive Strengths & Weaknesses
7.2 SAP Ariba
7.2.1 SAP Ariba Details
7.2.2 SAP Ariba Major Business
7.2.3 SAP Ariba Tail Spend Solution Product and Services
7.2.4 SAP Ariba Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 SAP Ariba Recent Developments/Updates
7.2.6 SAP Ariba Competitive Strengths & Weaknesses
7.3 Proactis
7.3.1 Proactis Details
7.3.2 Proactis Major Business
7.3.3 Proactis Tail Spend Solution Product and Services
7.3.4 Proactis Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Proactis Recent Developments/Updates
7.3.6 Proactis Competitive Strengths & Weaknesses
7.4 GEP
7.4.1 GEP Details
7.4.2 GEP Major Business
7.4.3 GEP Tail Spend Solution Product and Services
7.4.4 GEP Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 GEP Recent Developments/Updates
7.4.6 GEP Competitive Strengths & Weaknesses
7.5 Jaggaer
7.5.1 Jaggaer Details
7.5.2 Jaggaer Major Business
7.5.3 Jaggaer Tail Spend Solution Product and Services
7.5.4 Jaggaer Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Jaggaer Recent Developments/Updates
7.5.6 Jaggaer Competitive Strengths & Weaknesses
7.6 Determine (a Corcentric company)
7.6.1 Determine (a Corcentric company) Details
7.6.2 Determine (a Corcentric company) Major Business
7.6.3 Determine (a Corcentric company) Tail Spend Solution Product and Services
7.6.4 Determine (a Corcentric company) Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 Determine (a Corcentric company) Recent Developments/Updates
7.6.6 Determine (a Corcentric company) Competitive Strengths & Weaknesses
7.7 Scanmarket
7.7.1 Scanmarket Details
7.7.2 Scanmarket Major Business
7.7.3 Scanmarket Tail Spend Solution Product and Services
7.7.4 Scanmarket Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Scanmarket Recent Developments/Updates
7.7.6 Scanmarket Competitive Strengths & Weaknesses
7.8 Fairmarkit
7.8.1 Fairmarkit Details
7.8.2 Fairmarkit Major Business
7.8.3 Fairmarkit Tail Spend Solution Product and Services
7.8.4 Fairmarkit Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Fairmarkit Recent Developments/Updates
7.8.6 Fairmarkit Competitive Strengths & Weaknesses
7.9 Xeeva
7.9.1 Xeeva Details
7.9.2 Xeeva Major Business
7.9.3 Xeeva Tail Spend Solution Product and Services
7.9.4 Xeeva Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Xeeva Recent Developments/Updates
7.9.6 Xeeva Competitive Strengths & Weaknesses
7.10 Ivalua
7.10.1 Ivalua Details
7.10.2 Ivalua Major Business
7.10.3 Ivalua Tail Spend Solution Product and Services
7.10.4 Ivalua Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Ivalua Recent Developments/Updates
7.10.6 Ivalua Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Tail Spend Solution Industry Chain
8.2 Tail Spend Solution Upstream Analysis
8.3 Tail Spend Solution Midstream Analysis
8.4 Tail Spend Solution Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Tail Spend Solution Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Tail Spend Solution Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Tail Spend Solution Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Tail Spend Solution Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Tail Spend Solution Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Tail Spend Solution Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Tail Spend Solution Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Tail Spend Solution Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Tail Spend Solution Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Tail Spend Solution Players in 2023
Table 12. World Tail Spend Solution Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Tail Spend Solution Company Evaluation Quadrant
Table 14. Head Office of Key Tail Spend Solution Players
Table 15. Tail Spend Solution Market: Company Product Type Footprint
Table 16. Tail Spend Solution Market: Company Product Application Footprint
Table 17. Tail Spend Solution Mergers & Acquisitions Activity
Table 18. United States VS China Tail Spend Solution Revenue Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Tail Spend Solution Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Tail Spend Solution Companies, Headquarters (States, Country)
Table 21. United States Based Companies Tail Spend Solution Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Tail Spend Solution Revenue Market Share (2019-2024)
Table 23. China Based Tail Spend Solution Companies, Headquarters (Province, Country)
Table 24. China Based Companies Tail Spend Solution Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Tail Spend Solution Revenue Market Share (2019-2024)
Table 26. Rest of World Based Tail Spend Solution Companies, Headquarters (Province, Country)
Table 27. Rest of World Based Companies Tail Spend Solution Revenue (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Tail Spend Solution Revenue Market Share (2019-2024)
Table 29. World Tail Spend Solution Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Tail Spend Solution Market Size Value by Type (2019-2024) & (USD Million)
Table 31. World Tail Spend Solution Market Size by Type (2025-2030) & (USD Million)
Table 32. World Tail Spend Solution Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Tail Spend Solution Market Size by Application (2019-2024) & (USD Million)
Table 34. World Tail Spend Solution Market Size by Application (2025-2030) & (USD Million)
Table 35. Coupa Basic Information, Manufacturing Base and Competitors
Table 36. Coupa Major Business
Table 37. Coupa Tail Spend Solution Product and Services
Table 38. Coupa Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Coupa Recent Developments/Updates
Table 40. Coupa Competitive Strengths & Weaknesses
Table 41. SAP Ariba Basic Information, Manufacturing Base and Competitors
Table 42. SAP Ariba Major Business
Table 43. SAP Ariba Tail Spend Solution Product and Services
Table 44. SAP Ariba Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. SAP Ariba Recent Developments/Updates
Table 46. SAP Ariba Competitive Strengths & Weaknesses
Table 47. Proactis Basic Information, Manufacturing Base and Competitors
Table 48. Proactis Major Business
Table 49. Proactis Tail Spend Solution Product and Services
Table 50. Proactis Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Proactis Recent Developments/Updates
Table 52. Proactis Competitive Strengths & Weaknesses
Table 53. GEP Basic Information, Manufacturing Base and Competitors
Table 54. GEP Major Business
Table 55. GEP Tail Spend Solution Product and Services
Table 56. GEP Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. GEP Recent Developments/Updates
Table 58. GEP Competitive Strengths & Weaknesses
Table 59. Jaggaer Basic Information, Manufacturing Base and Competitors
Table 60. Jaggaer Major Business
Table 61. Jaggaer Tail Spend Solution Product and Services
Table 62. Jaggaer Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Jaggaer Recent Developments/Updates
Table 64. Jaggaer Competitive Strengths & Weaknesses
Table 65. Determine (a Corcentric company) Basic Information, Manufacturing Base and Competitors
Table 66. Determine (a Corcentric company) Major Business
Table 67. Determine (a Corcentric company) Tail Spend Solution Product and Services
Table 68. Determine (a Corcentric company) Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. Determine (a Corcentric company) Recent Developments/Updates
Table 70. Determine (a Corcentric company) Competitive Strengths & Weaknesses
Table 71. Scanmarket Basic Information, Manufacturing Base and Competitors
Table 72. Scanmarket Major Business
Table 73. Scanmarket Tail Spend Solution Product and Services
Table 74. Scanmarket Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Scanmarket Recent Developments/Updates
Table 76. Scanmarket Competitive Strengths & Weaknesses
Table 77. Fairmarkit Basic Information, Manufacturing Base and Competitors
Table 78. Fairmarkit Major Business
Table 79. Fairmarkit Tail Spend Solution Product and Services
Table 80. Fairmarkit Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. Fairmarkit Recent Developments/Updates
Table 82. Fairmarkit Competitive Strengths & Weaknesses
Table 83. Xeeva Basic Information, Manufacturing Base and Competitors
Table 84. Xeeva Major Business
Table 85. Xeeva Tail Spend Solution Product and Services
Table 86. Xeeva Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Xeeva Recent Developments/Updates
Table 88. Xeeva Competitive Strengths & Weaknesses
Table 89. Ivalua Basic Information, Manufacturing Base and Competitors
Table 90. Ivalua Major Business
Table 91. Ivalua Tail Spend Solution Product and Services
Table 92. Ivalua Tail Spend Solution Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Ivalua Recent Developments/Updates
Table 94. Ivalua Competitive Strengths & Weaknesses
Table 95. Global Key Players of Tail Spend Solution Upstream (Raw Materials)
Table 96. Global Tail Spend Solution Typical Customers
List of Figures
Figure 1. Tail Spend Solution Picture
Figure 2. World Tail Spend Solution Total Revenue: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Tail Spend Solution Total Revenue (2019-2030) & (USD Million)
Figure 4. World Tail Spend Solution Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Figure 5. World Tail Spend Solution Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Tail Spend Solution Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Tail Spend Solution Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Tail Spend Solution Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Tail Spend Solution Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Tail Spend Solution Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Tail Spend Solution Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Tail Spend Solution Revenue (2019-2030) & (USD Million)
Figure 13. Tail Spend Solution Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Tail Spend Solution Consumption Value (2019-2030) & (USD Million)
Figure 16. World Tail Spend Solution Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Tail Spend Solution Consumption Value (2019-2030) & (USD Million)
Figure 18. China Tail Spend Solution Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Tail Spend Solution Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Tail Spend Solution Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Tail Spend Solution Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Tail Spend Solution Consumption Value (2019-2030) & (USD Million)
Figure 23. India Tail Spend Solution Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Tail Spend Solution by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Tail Spend Solution Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Tail Spend Solution Markets in 2023
Figure 27. United States VS China: Tail Spend Solution Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Tail Spend Solution Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Tail Spend Solution Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Tail Spend Solution Market Size Market Share by Type in 2023
Figure 31. Spend Analysis
Figure 32. Contract Management
Figure 33. Other
Figure 34. World Tail Spend Solution Market Size Market Share by Type (2019-2030)
Figure 35. World Tail Spend Solution Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 36. World Tail Spend Solution Market Size Market Share by Application in 2023
Figure 37. Manufacturing
Figure 38. Retail
Figure 39. Financial Services
Figure 40. Health Care
Figure 41. Other
Figure 42. World Tail Spend Solution Market Size Market Share by Application (2019-2030)
Figure 43. Tail Spend Solution Industrial Chain
Figure 44. Methodology
Figure 45. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Coupa SAP Ariba Proactis GEP Jaggaer Determine (a Corcentric company) Scanmarket Fairmarkit Xeeva Ivalua
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