India Procurement Analytics Market (2025-2031) Outlook | Industry, Size, Value, Forecast, Analysis, Revenue, Companies, Trends, Growth & Share

Name: India Procurement Analytics Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Procurement Analytics Market, India Procurement Analytics Market, India Procurement Analytics Market Revenues, India Procurement Analytics Market Share, India Procurement Analytics Market Size, India Procurement Analytics Market Outlook, India Procurement Analytics Market Report, India Procurement Analytics Market Competition, India Procurement Analytics Market Overview, India Procurement Analytics Market Trends, India Procurement Analytics Market Forecast

Market Forecast By Component (Solutions, Services), By Organization Size (Large Enterprises, SMEs), By Deployment Mode (Cloud, On-premises), By Application (Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management, Category Management), By Industry Vertical (BFSI, Retail and eCommerce, Telecom and IT, Manufacturing, Healthcare and Life Sciences, Energy and Utilities, Government and Defense) And Competitive Landscape

Product Code: ETC4395565	Publication Date: Jul 2023	Updated Date: Aug 2025	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 85	No. of Figures: 45	No. of Tables: 25

India Procurement Analytics Market Overview

The India Procurement Analytics market is witnessing growth, with organizations using analytics to optimize their procurement processes. These solutions offer insights into supplier performance, cost reduction opportunities, and supply chain efficiency, contributing to better decision-making.

Drivers of the Market

The India Procurement Analytics market is growing as organizations seek to optimize their procurement processes and reduce costs. Procurement analytics solutions provide insights into supplier performance, cost management, and supply chain efficiency. Businesses in India are investing in these tools to improve supplier relationships, make informed sourcing decisions, and ensure compliance with procurement policies.

Challenges of the Market

Procurement analytics faces challenges in managing and analyzing vast amounts of procurement data. Extracting actionable insights to optimize procurement processes, monitor supplier performance, and manage costs effectively is complex. Data accuracy and supply chain disruptions are also challenges.

COVID-19 Impact on the Market

COVID-19 has significantly impacted supply chain and procurement operations in India. The demand for procurement analytics solutions has surged as companies look for ways to optimize their procurement processes, ensure supply chain resilience, and mitigate risks. These solutions help organizations identify cost-saving opportunities, manage vendor relationships, and enhance procurement efficiency, which is crucial during these uncertain times.

Key Players in the Market

In the India Procurement Analytics Market, key players are making a significant impact by providing advanced analytics solutions for procurement and supply chain optimization. Prominent companies such as SAP SE, Oracle Corporation, IBM Corporation, and GEP Worldwide offer procurement analytics tools that enable organizations to improve their sourcing, supplier management, and cost control, contributing to greater efficiency and cost savings in the India business landscape.

Key Highlights of the Report:

India Procurement Analytics Market Outlook
Market Size of India Procurement Analytics Market, 2024
Forecast of India Procurement Analytics Market, 2031
Historical Data and Forecast of India Procurement Analytics Revenues & Volume for the Period 2021-2031
India Procurement Analytics Market Trend Evolution
India Procurement Analytics Market Drivers and Challenges
India Procurement Analytics Price Trends
India Procurement Analytics Porter's Five Forces
India Procurement Analytics Industry Life Cycle
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Component for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Solutions for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Services for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Organization Size for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Large Enterprises for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By SMEs for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Deployment Mode for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Cloud for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By On-premises for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Supply Chain Analytics for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Risk Analytics for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Spend Analytics for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Demand Forecasting for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Contract Management for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Vendor Management for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Category Management for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Industry Vertical for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By BFSI for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Retail and eCommerce for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Telecom and IT for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Manufacturing for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Healthcare and Life Sciences for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Energy and Utilities for the Period 2021-2031
Historical Data and Forecast of India Procurement Analytics Market Revenues & Volume By Government and Defense for the Period 2021-2031
India Procurement Analytics Import Export Trade Statistics
Market Opportunity Assessment By Component
Market Opportunity Assessment By Organization Size
Market Opportunity Assessment By Deployment Mode
Market Opportunity Assessment By Application
Market Opportunity Assessment By Industry Vertical
India Procurement Analytics Top Companies Market Share
India Procurement Analytics Competitive Benchmarking By Technical and Operational Parameters
India Procurement Analytics Company Profiles
India Procurement Analytics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 India Procurement Analytics Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Procurement Analytics Market Revenues & Volume, 2021 & 2031F

3.3 India Procurement Analytics Market - Industry Life Cycle

3.4 India Procurement Analytics Market - Porter's Five Forces

3.5 India Procurement Analytics Market Revenues & Volume Share, By Component , 2021 & 2031F

3.6 India Procurement Analytics Market Revenues & Volume Share, By Organization Size , 2021 & 2031F

3.7 India Procurement Analytics Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F

3.8 India Procurement Analytics Market Revenues & Volume Share, By Application, 2021 & 2031F

3.9 India Procurement Analytics Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F

4 India Procurement Analytics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of digital technologies in procurement processes

4.2.2 Growing focus on cost reduction and efficiency in procurement operations

4.2.3 Rising demand for real-time data analytics and insights in procurement decision-making

4.3 Market Restraints

4.3.1 Data security and privacy concerns hindering adoption of procurement analytics solutions

4.3.2 Lack of awareness and skilled professionals in the field of procurement analytics

4.3.3 Resistance to change and traditional procurement practices

5 India Procurement Analytics Market Trends

6 India Procurement Analytics Market, By Types

6.1 India Procurement Analytics Market, By Component

6.1.1 Overview and Analysis

6.1.2 India Procurement Analytics Market Revenues & Volume, By Component , 2021-2031F

6.1.3 India Procurement Analytics Market Revenues & Volume, By Solutions, 2021-2031F

6.1.4 India Procurement Analytics Market Revenues & Volume, By Services, 2021-2031F

6.2 India Procurement Analytics Market, By Organization Size

6.2.1 Overview and Analysis

6.2.2 India Procurement Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F

6.2.3 India Procurement Analytics Market Revenues & Volume, By SMEs, 2021-2031F

6.3 India Procurement Analytics Market, By Deployment Mode

6.3.1 Overview and Analysis

6.3.2 India Procurement Analytics Market Revenues & Volume, By Cloud, 2021-2031F

6.3.3 India Procurement Analytics Market Revenues & Volume, By On-premises, 2021-2031F

6.4 India Procurement Analytics Market, By Application

6.4.1 Overview and Analysis

6.4.2 India Procurement Analytics Market Revenues & Volume, By Supply Chain Analytics, 2021-2031F

6.4.3 India Procurement Analytics Market Revenues & Volume, By Risk Analytics, 2021-2031F

6.4.4 India Procurement Analytics Market Revenues & Volume, By Spend Analytics, 2021-2031F

6.4.5 India Procurement Analytics Market Revenues & Volume, By Demand Forecasting, 2021-2031F

6.4.6 India Procurement Analytics Market Revenues & Volume, By Contract Management, 2021-2031F

6.4.7 India Procurement Analytics Market Revenues & Volume, By Vendor Management, 2021-2031F

6.5 India Procurement Analytics Market, By Industry Vertical

6.5.1 Overview and Analysis

6.5.2 India Procurement Analytics Market Revenues & Volume, By BFSI, 2021-2031F

6.5.3 India Procurement Analytics Market Revenues & Volume, By Retail and eCommerce, 2021-2031F

6.5.4 India Procurement Analytics Market Revenues & Volume, By Telecom and IT, 2021-2031F

6.5.5 India Procurement Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F

6.5.6 India Procurement Analytics Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F

6.5.7 India Procurement Analytics Market Revenues & Volume, By Energy and Utilities, 2021-2031F

7 India Procurement Analytics Market Import-Export Trade Statistics

7.1 India Procurement Analytics Market Export to Major Countries

7.2 India Procurement Analytics Market Imports from Major Countries

8 India Procurement Analytics Market Key Performance Indicators

8.1 Percentage increase in procurement process efficiency after implementing analytics solutions

8.2 Reduction in procurement cycle times

8.3 Number of successful procurement cost optimization initiatives completed

8.4 Increase in the accuracy and timeliness of procurement forecasting

8.5 Improvement in supplier performance and relationship management

9 India Procurement Analytics Market - Opportunity Assessment

9.1 India Procurement Analytics Market Opportunity Assessment, By Component , 2021 & 2031F

9.2 India Procurement Analytics Market Opportunity Assessment, By Organization Size , 2021 & 2031F

9.3 India Procurement Analytics Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F

9.4 India Procurement Analytics Market Opportunity Assessment, By Application, 2021 & 2031F

9.5 India Procurement Analytics Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F

10 India Procurement Analytics Market - Competitive Landscape

10.1 India Procurement Analytics Market Revenue Share, By Companies, 2024

10.2 India Procurement Analytics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Africa Procurement Analytics Market

Asia Pacific Procurement Analytics Market

Europe Procurement Analytics Market

Global Procurement Analytics Market

Mauritania Procurement Analytics Market

Mauritius Procurement Analytics Market

Micronesia Procurement Analytics Market

Middle East Procurement Analytics Market

Monaco Procurement Analytics Market

Mongolia Procurement Analytics Market

North America Procurement Analytics Market

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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