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

Name: South Africa 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: ETC4395589	Publication Date: Jul 2023	Updated Date: Aug 2025	Product Type: Report
Publisher: 6Wresearch	Author: Shubham Padhi	No. of Pages: 200	No. of Figures: 90	No. of Tables: 300

South Africa Procurement Analytics Market Overview

South Africa`s procurement analytics market is growing as organizations look to leverage data analytics to optimize their procurement processes. This market includes software and services that help businesses analyze procurement data, manage supplier relationships, and make informed purchasing decisions. The need for cost reduction, risk management, and efficiency improvements are key drivers of this market.

Drivers of the market

The procurement analytics market in South Africa is driven by the need for businesses to streamline their procurement processes and improve cost efficiency. The increasing adoption of big data and analytics solutions across industries boosts market growth. Additionally, the focus on enhancing supplier relationships and managing risks in the supply chain are significant drivers.

Challenges of the market

Challenges in the South African procurement analytics market include the high cost of implementing advanced analytics solutions, which can be a barrier for many companies, especially smaller enterprises. There is also a significant skills gap, as effective use of procurement analytics requires specialized knowledge in both analytics and procurement. Data quality and integration issues can also impede the effectiveness of analytics solutions, as disparate and incomplete data sources can lead to inaccurate insights. Additionally, economic fluctuations can impact corporate spending on new technologies.

Government Policy of the market

Government policies in South Africa`s procurement analytics market focus on enhancing transparency and efficiency in public procurement processes. The National Treasury`s implementation of the eProcurement system aims to streamline procurement operations and reduce fraud. Support for digital transformation in government agencies through funding and training programs also drives market growth.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?

Do you also provide customisation in the market study?

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 South Africa Procurement Analytics Market Overview

3.1 South Africa Country Macro Economic Indicators

3.2 South Africa Procurement Analytics Market Revenues & Volume, 2021 & 2031F

3.3 South Africa Procurement Analytics Market - Industry Life Cycle

3.4 South Africa Procurement Analytics Market - Porter's Five Forces

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

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

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

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

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

4 South Africa Procurement Analytics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of advanced analytics technologies in procurement processes

4.2.2 Growing demand for cost reduction and process optimization in procurement operations

4.2.3 Rising focus on data-driven decision-making in organizations

4.3 Market Restraints

4.3.1 Lack of skilled professionals in procurement analytics

4.3.2 Data security and privacy concerns hindering the adoption of analytics solutions

5 South Africa Procurement Analytics Market Trends

6 South Africa Procurement Analytics Market, By Types

6.1 South Africa Procurement Analytics Market, By Component

6.1.1 Overview and Analysis

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

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

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

6.2 South Africa Procurement Analytics Market, By Organization Size

6.2.1 Overview and Analysis

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

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

6.3 South Africa Procurement Analytics Market, By Deployment Mode

6.3.1 Overview and Analysis

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

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

6.4 South Africa Procurement Analytics Market, By Application

6.4.1 Overview and Analysis

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

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

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

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

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

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

6.5 South Africa Procurement Analytics Market, By Industry Vertical

6.5.1 Overview and Analysis

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

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

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

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

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

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

7 South Africa Procurement Analytics Market Import-Export Trade Statistics

7.1 South Africa Procurement Analytics Market Export to Major Countries

7.2 South Africa Procurement Analytics Market Imports from Major Countries

8 South Africa Procurement Analytics Market Key Performance Indicators

8.1 Procurement efficiency improvement rate

8.2 Percentage increase in spend under management

8.3 Supplier performance visibility index

8.4 Procurement cycle time reduction metric

8.5 Cost savings achieved through analytics implementation

9 South Africa Procurement Analytics Market - Opportunity Assessment

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

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

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

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

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

10 South Africa Procurement Analytics Market - Competitive Landscape

10.1 South Africa Procurement Analytics Market Revenue Share, By Companies, 2024

10.2 South Africa 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

Bahrain Procurement Analytics Market

Europe Procurement Analytics Market

Global Procurement Analytics Market

Iraq Procurement Analytics Market

Jordan Procurement Analytics Market

Kuwait Procurement Analytics Market

Middle East Procurement Analytics Market

North America Procurement Analytics Market

Oman 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.

To discover high-growth global markets and optimize your business strategy:

Click Here