| Product Code: ETC5452826 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The procurement analytics market in Taiwan is witnessing growth as organizations seek to enhance their supply chain efficiency and cost-effectiveness. By leveraging analytics tools, businesses can gain insights into procurement processes, optimize vendor selection, and improve decision-making. Taiwanese technology providers are developing advanced analytics solutions tailored to meet the specific needs of various industries, driving market growth.
The procurement analytics market in Taiwan is driven by the growing need for data-driven decision-making in procurement processes. Organizations are increasingly leveraging analytics tools to optimize sourcing strategies, reduce costs, and enhance supplier management. The rise of big data and advanced analytics technologies supports the need for effective procurement analytics solutions. Additionally, the focus on transparency and compliance in procurement practices further fuels market growth.
The procurement analytics market encounters challenges related to data integration and user adoption. As organizations increasingly seek to leverage data for strategic sourcing and procurement decision-making, integrating disparate data sources into cohesive analytics solutions can be complex. Additionally, ensuring that end-users understand and trust the insights provided by procurement analytics tools is crucial for widespread adoption. Companies must focus on user education and support to enhance adoption rates while navigating the complexities of data integration in procurement analytics.
The Taiwanese government actively promotes the procurement analytics market through initiatives that encourage innovation and efficiency in public and private procurement processes. Regulatory measures focus on ensuring transparency, accountability, and compliance with procurement regulations. The government supports the development of advanced analytics tools that enhance decision-making and strategic sourcing capabilities for organizations.
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 Taiwan Procurement Analytics Market Overview |
3.1 Taiwan Country Macro Economic Indicators |
3.2 Taiwan Procurement Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 Taiwan Procurement Analytics Market - Industry Life Cycle |
3.4 Taiwan Procurement Analytics Market - Porter's Five Forces |
3.5 Taiwan Procurement Analytics Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Taiwan Procurement Analytics Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Taiwan Procurement Analytics Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F |
3.8 Taiwan Procurement Analytics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Taiwan Procurement Analytics Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Taiwan Procurement Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing adoption of digital technologies in procurement processes |
4.2.2 Increasing focus on cost reduction and efficiency in procurement operations |
4.2.3 Rise in demand for real-time data analytics in procurement decision-making |
4.3 Market Restraints |
4.3.1 Concerns regarding data security and privacy |
4.3.2 Resistance to change from traditional procurement practices |
4.3.3 Lack of skilled workforce proficient in procurement analytics tools |
5 Taiwan Procurement Analytics Market Trends |
6 Taiwan Procurement Analytics Market Segmentations |
6.1 Taiwan Procurement Analytics Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Taiwan Procurement Analytics Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.3 Taiwan Procurement Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.2 Taiwan Procurement Analytics Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Taiwan Procurement Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.2.3 Taiwan Procurement Analytics Market Revenues & Volume, By SMEs, 2021-2031F |
6.3 Taiwan Procurement Analytics Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 Taiwan Procurement Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 Taiwan Procurement Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.4 Taiwan Procurement Analytics Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Taiwan Procurement Analytics Market Revenues & Volume, By Supply Chain Analytics, 2021-2031F |
6.4.3 Taiwan Procurement Analytics Market Revenues & Volume, By Risk Analytics, 2021-2031F |
6.4.4 Taiwan Procurement Analytics Market Revenues & Volume, By Spend Analytics, 2021-2031F |
6.4.5 Taiwan Procurement Analytics Market Revenues & Volume, By Demand Forecasting, 2021-2031F |
6.4.6 Taiwan Procurement Analytics Market Revenues & Volume, By Contract Management, 2021-2031F |
6.4.7 Taiwan Procurement Analytics Market Revenues & Volume, By Vendor Management, 2021-2031F |
6.5 Taiwan Procurement Analytics Market, By Industry Vertical |
6.5.1 Overview and Analysis |
6.5.2 Taiwan Procurement Analytics Market Revenues & Volume, By BFSI, 2021-2031F |
6.5.3 Taiwan Procurement Analytics Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.5.4 Taiwan Procurement Analytics Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.5.5 Taiwan Procurement Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5.6 Taiwan Procurement Analytics Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.5.7 Taiwan Procurement Analytics Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
7 Taiwan Procurement Analytics Market Import-Export Trade Statistics |
7.1 Taiwan Procurement Analytics Market Export to Major Countries |
7.2 Taiwan Procurement Analytics Market Imports from Major Countries |
8 Taiwan Procurement Analytics Market Key Performance Indicators |
8.1 Percentage increase in adoption of procurement analytics solutions |
8.2 Average time saved in procurement processes due to analytics implementation |
8.3 Percentage improvement in procurement cost savings achieved through analytics |
8.4 Increase in the number of organizations using real-time analytics in procurement decisions |
8.5 Growth in the demand for procurement analytics training programs |
9 Taiwan Procurement Analytics Market - Opportunity Assessment |
9.1 Taiwan Procurement Analytics Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Taiwan Procurement Analytics Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Taiwan Procurement Analytics Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F |
9.4 Taiwan Procurement Analytics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Taiwan Procurement Analytics Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Taiwan Procurement Analytics Market - Competitive Landscape |
10.1 Taiwan Procurement Analytics Market Revenue Share, By Companies, 2024 |
10.2 Taiwan Procurement Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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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