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

Name: Saudi Arabia Procurement Analytics Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

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: ETC4395580	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

Saudi Arabia Procurement Analytics Market Overview

The procurement analytics market employs data analysis and AI to optimize procurement processes and supplier relationships. It ensures efficient and cost-effective procurement operations in Saudi Arabia.

Drivers of the Market

The procurement analytics market in Saudi Arabia is experiencing notable growth, driven by the increasing adoption of analytics to enhance procurement processes and optimize supply chain operations. Organizations are utilizing procurement analytics solutions to improve vendor management, streamline purchasing activities, and negotiate better terms. Cost-efficiency, improved supplier relationships, and compliance with regulations are key factors driving the demand for procurement analytics in the Saudi Arabia market.

Challenges of the Market

The challenges in the procurement analytics market in Saudi Arabia include managing and analyzing large volumes of procurement data, optimizing supplier relationships and sourcing strategies, and addressing the need for real-time procurement insights.

COVID-19 Impact on the Market

The pandemic prompted organizations to invest in procurement analytics in Saudi Arabia to optimize procurement processes and manage supply chain disruptions. With supply chain challenges and the need for cost control, businesses sought procurement analytics tools for data-driven procurement decisions. The crisis led to an increased focus on supply chain resilience.

Key Players in the Market

Notable vendors in the Saudi Arabia Procurement Analytics market include GEP, Jaggaer, and SAP Ariba. They offer procurement analytics solutions to optimize sourcing and secure procurement processes.

Key Highlights of the Report:

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

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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 Saudi Arabia Procurement Analytics Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Procurement Analytics Market Revenues & Volume, 2021 & 2031F

3.3 Saudi Arabia Procurement Analytics Market - Industry Life Cycle

3.4 Saudi Arabia Procurement Analytics Market - Porter's Five Forces

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

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

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

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

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

4 Saudi Arabia Procurement Analytics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing adoption of advanced analytics and artificial intelligence in procurement processes

4.2.2 Increasing focus on cost optimization and efficiency in procurement operations

4.2.3 Government initiatives promoting digital transformation and data-driven decision-making in Saudi Arabia

4.3 Market Restraints

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

4.3.2 Lack of skilled workforce proficient in analytics and data interpretation

4.3.3 Resistance to change from traditional procurement practices and reluctance to invest in new technologies

5 Saudi Arabia Procurement Analytics Market Trends

6 Saudi Arabia Procurement Analytics Market, By Types

6.1 Saudi Arabia Procurement Analytics Market, By Component

6.1.1 Overview and Analysis

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

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

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

6.2 Saudi Arabia Procurement Analytics Market, By Organization Size

6.2.1 Overview and Analysis

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

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

6.3 Saudi Arabia Procurement Analytics Market, By Deployment Mode

6.3.1 Overview and Analysis

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

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

6.4 Saudi Arabia Procurement Analytics Market, By Application

6.4.1 Overview and Analysis

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

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

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

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

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

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

6.5 Saudi Arabia Procurement Analytics Market, By Industry Vertical

6.5.1 Overview and Analysis

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

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

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

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

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

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

7 Saudi Arabia Procurement Analytics Market Import-Export Trade Statistics

7.1 Saudi Arabia Procurement Analytics Market Export to Major Countries

7.2 Saudi Arabia Procurement Analytics Market Imports from Major Countries

8 Saudi Arabia Procurement Analytics Market Key Performance Indicators

8.1 Percentage increase in procurement process efficiency after implementing analytics solutions

8.2 Reduction in procurement costs due to improved decision-making supported by analytics

8.3 Percentage increase in procurement team productivity attributed to analytics tools and technologies

8.4 Number of successful procurement analytics projects completed within set timelines

8.5 Improvement in supplier performance and relationship management metrics due to analytics-driven insights and actions

9 Saudi Arabia Procurement Analytics Market - Opportunity Assessment

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

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

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

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

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

10 Saudi Arabia Procurement Analytics Market - Competitive Landscape

10.1 Saudi Arabia Procurement Analytics Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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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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