Product Code: ETC4395546 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The procurement analytics market in Argentina is witnessing growth as businesses adopt data-driven approaches to optimize purchasing processes, reduce costs, and improve supplier relationships. Procurement analytics solutions leverage data analytics, artificial intelligence, and machine learning technologies to analyze procurement data, identify cost-saving opportunities, and mitigate supply chain risks. Key players are offering advanced analytics platforms that provide insights into spending patterns, supplier performance, and market trends, enabling organizations to make informed procurement decisions and drive strategic sourcing initiatives.
The Argentina procurement analytics market experiences growth driven by several key factors, including increasing adoption of data-driven decision-making in procurement processes, rising demand for cost optimization strategies, and advancements in analytics technologies. Procurement analytics solutions enable organizations to gain valuable insights into supplier performance, pricing trends, and supply chain risks, empowering them to make informed sourcing decisions and negotiate favorable contracts. Moreover, the growing complexity of supply chains and the need for transparency and compliance drive the adoption of procurement analytics tools. Additionally, regulatory requirements and the emphasis on sustainability further stimulate market growth, fostering the integration of analytics capabilities into procurement workflows.
In Argentina, the procurement analytics market grapples with various challenges. One prominent issue is the limited adoption of advanced analytics and data-driven decision-making practices in procurement processes, due to organizational silos and cultural resistance to change. Educating procurement professionals about the value of analytics in optimizing sourcing strategies, supplier management, and cost savings is essential but can be challenging. Additionally, data quality and availability issues pose challenges for implementing robust analytics solutions, as procurement data may be fragmented across different systems and departments. Moreover, cybersecurity threats and data privacy concerns require stringent data protection measures and governance frameworks for procurement analytics initiatives.
Government policies in Argentina may encourage the adoption of procurement analytics solutions to improve transparency, efficiency, and accountability in public procurement processes. Regulations may promote the use of data analytics, performance metrics, and audit trails to enhance decision-making and mitigate procurement-related risks.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Argentina Procurement Analytics Market Overview |
3.1 Argentina Country Macro Economic Indicators |
3.2 Argentina Procurement Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 Argentina Procurement Analytics Market - Industry Life Cycle |
3.4 Argentina Procurement Analytics Market - Porter's Five Forces |
3.5 Argentina Procurement Analytics Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Argentina Procurement Analytics Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Argentina Procurement Analytics Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F |
3.8 Argentina Procurement Analytics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Argentina Procurement Analytics Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Argentina Procurement Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Argentina Procurement Analytics Market Trends |
6 Argentina Procurement Analytics Market, By Types |
6.1 Argentina Procurement Analytics Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Argentina Procurement Analytics Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Argentina Procurement Analytics Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 Argentina Procurement Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.2 Argentina Procurement Analytics Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Argentina Procurement Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.2.3 Argentina Procurement Analytics Market Revenues & Volume, By SMEs, 2021-2031F |
6.3 Argentina Procurement Analytics Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 Argentina Procurement Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 Argentina Procurement Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.4 Argentina Procurement Analytics Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Argentina Procurement Analytics Market Revenues & Volume, By Supply Chain Analytics, 2021-2031F |
6.4.3 Argentina Procurement Analytics Market Revenues & Volume, By Risk Analytics, 2021-2031F |
6.4.4 Argentina Procurement Analytics Market Revenues & Volume, By Spend Analytics, 2021-2031F |
6.4.5 Argentina Procurement Analytics Market Revenues & Volume, By Demand Forecasting, 2021-2031F |
6.4.6 Argentina Procurement Analytics Market Revenues & Volume, By Contract Management, 2021-2031F |
6.4.7 Argentina Procurement Analytics Market Revenues & Volume, By Vendor Management, 2021-2031F |
6.5 Argentina Procurement Analytics Market, By Industry Vertical |
6.5.1 Overview and Analysis |
6.5.2 Argentina Procurement Analytics Market Revenues & Volume, By BFSI, 2021-2031F |
6.5.3 Argentina Procurement Analytics Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.5.4 Argentina Procurement Analytics Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.5.5 Argentina Procurement Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5.6 Argentina Procurement Analytics Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.5.7 Argentina Procurement Analytics Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
7 Argentina Procurement Analytics Market Import-Export Trade Statistics |
7.1 Argentina Procurement Analytics Market Export to Major Countries |
7.2 Argentina Procurement Analytics Market Imports from Major Countries |
8 Argentina Procurement Analytics Market Key Performance Indicators |
9 Argentina Procurement Analytics Market - Opportunity Assessment |
9.1 Argentina Procurement Analytics Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Argentina Procurement Analytics Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Argentina Procurement Analytics Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F |
9.4 Argentina Procurement Analytics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Argentina Procurement Analytics Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Argentina Procurement Analytics Market - Competitive Landscape |
10.1 Argentina Procurement Analytics Market Revenue Share, By Companies, 2024 |
10.2 Argentina Procurement Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |