target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Forecast - Doc Document number: # US50807223
Worldwide Procurement Applications Forecast, 2023–2027: Solid Growth Expected Driven by Value Delivery
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Abstract
This IDC study presents a five-year forecast for the worldwide procurement applications market.
"The many global disruptive events of the recent past have served to highlight the value of procurement applications and serve as a strong tailwind for the space at large. Providers are continuing their brisk pace of innovation and are adding new capabilities centered on ease of use, automation, stakeholder engagement, and time to value. Across our coverage universe, providers are experiencing robust growth, and IDC expects this to continue." — Patrick Reymann, research director, Procurement and Enterprise Applications, IDC