Product Code: ETC4400906 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Spend analytics is becoming increasingly important for organizations in Thailand to manage their expenditures effectively. The Thailand Spend Analytics market is growing as businesses seek to gain insights into their procurement processes and optimize costs.
The Thailand Spend Analytics market is witnessing notable growth, driven by the adoption of analytics solutions to gain insights into organizational spending patterns, vendor relationships, and procurement efficiency. Spend Analytics solutions provide actionable data for optimizing procurement processes, controlling costs, and improving overall financial performance. The market growth is fueled by the increasing complexity of procurement landscapes, the desire for strategic sourcing decisions, and the recognition of Spend Analytics as a key technology for achieving cost savings. As Thailand organizations prioritize efficient procurement and financial management, the Spend Analytics market is expected to be a crucial facilitator of informed and strategic spending decisions.
Spend analytics encounters challenges in aggregating and categorizing procurement data from various sources. The complexity of supply chain data and the need for accurate cost analysis demand sophisticated analytics solutions. Additionally, organizations face challenges in establishing data-driven procurement strategies and overcoming resistance to change in traditional procurement practices.
The Spend Analytics market in Thailand played a crucial role during the COVID-19 pandemic as organizations focused on optimizing their spending and procurement processes. With the increased emphasis on cost efficiency and strategic sourcing, the demand for spend analytics solutions surged. The market responded by offering tools that analyze spending patterns, identify cost-saving opportunities, and enhance procurement decision-making. In the era of strategic procurement, the Spend Analytics market in Thailand continues to be a vital component, helping organizations gain visibility and control over their expenditures.
CAT Telecom and Triple T Broadband play a crucial role in shaping the Thailand Spend Analytics market. These companies offer spend analytics solutions that help organizations in Thailand analyze and optimize their spending patterns. By providing insights into procurement, supplier relationships, and cost management, these solutions enable businesses to make informed decisions and achieve cost savings.
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 Thailand Spend Analytics Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Spend Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Spend Analytics Market - Industry Life Cycle |
3.4 Thailand Spend Analytics Market - Porter's Five Forces |
3.5 Thailand Spend Analytics Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.6 Thailand Spend Analytics Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Thailand Spend Analytics Market Revenues & Volume Share, By Analytics Type, 2021 & 2031F |
3.8 Thailand Spend Analytics Market Revenues & Volume Share, By Business Function, 2021 & 2031F |
3.9 Thailand Spend Analytics Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.10 Thailand Spend Analytics Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.11 Thailand Spend Analytics Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Thailand Spend Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of data analytics in various industries in Thailand |
4.2.2 Government initiatives to promote digital transformation and efficiency in spending |
4.2.3 Growing awareness about the importance of spend analytics in cost optimization |
4.3 Market Restraints |
4.3.1 Lack of skilled professionals in data analytics and spend management |
4.3.2 Data security and privacy concerns hindering adoption of spend analytics solutions |
4.3.3 Resistance to change and traditional mindset towards spending practices |
5 Thailand Spend Analytics Market Trends |
6 Thailand Spend Analytics Market, By Types |
6.1 Thailand Spend Analytics Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Spend Analytics Market Revenues & Volume, By Application , 2021-2031F |
6.1.3 Thailand Spend Analytics Market Revenues & Volume, By Financial management, 2021-2031F |
6.1.4 Thailand Spend Analytics Market Revenues & Volume, By Risk management, 2021-2031F |
6.1.5 Thailand Spend Analytics Market Revenues & Volume, By Governance and compliance management, 2021-2031F |
6.1.6 Thailand Spend Analytics Market Revenues & Volume, By Supplier sourcing and performance management, 2021-2031F |
6.1.7 Thailand Spend Analytics Market Revenues & Volume, By Demand and supply forecasting, 2021-2031F |
6.1.8 Thailand Spend Analytics Market Revenues & Volume, By Others , 2021-2031F |
6.2 Thailand Spend Analytics Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Thailand Spend Analytics Market Revenues & Volume, By Software, 2021-2031F |
6.2.3 Thailand Spend Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.3 Thailand Spend Analytics Market, By Analytics Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Spend Analytics Market Revenues & Volume, By Predictive, 2021-2031F |
6.3.3 Thailand Spend Analytics Market Revenues & Volume, By Prescriptive, 2021-2031F |
6.3.4 Thailand Spend Analytics Market Revenues & Volume, By Descriptive, 2021-2031F |
6.4 Thailand Spend Analytics Market, By Business Function |
6.4.1 Overview and Analysis |
6.4.2 Thailand Spend Analytics Market Revenues & Volume, By Finance, 2021-2031F |
6.4.3 Thailand Spend Analytics Market Revenues & Volume, By Information Technology (IT), 2021-2031F |
6.4.4 Thailand Spend Analytics Market Revenues & Volume, By Marketing, 2021-2031F |
6.4.5 Thailand Spend Analytics Market Revenues & Volume, By Procurement, 2021-2031F |
6.5 Thailand Spend Analytics Market, By Deployment Model |
6.5.1 Overview and Analysis |
6.5.2 Thailand Spend Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.5.3 Thailand Spend Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
6.6 Thailand Spend Analytics Market, By Organization Size |
6.6.1 Overview and Analysis |
6.6.2 Thailand Spend Analytics Market Revenues & Volume, By Small and Medium Enterprises (SMEs), 2021-2031F |
6.6.3 Thailand Spend Analytics Market Revenues & Volume, By Large enterprises, 2021-2031F |
6.7 Thailand Spend Analytics Market, By Industry Vertical |
6.7.1 Overview and Analysis |
6.7.2 Thailand Spend Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.7.3 Thailand Spend Analytics Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.7.4 Thailand Spend Analytics Market Revenues & Volume, By Healthcare and life sciences, 2021-2031F |
6.7.5 Thailand Spend Analytics Market Revenues & Volume, By Healthcare and life sciences, 2021-2031F |
6.7.6 Thailand Spend Analytics Market Revenues & Volume, By Telecommunications and IT, 2021-2031F |
6.7.7 Thailand Spend Analytics Market Revenues & Volume, By Energy and utilities, 2021-2031F |
7 Thailand Spend Analytics Market Import-Export Trade Statistics |
7.1 Thailand Spend Analytics Market Export to Major Countries |
7.2 Thailand Spend Analytics Market Imports from Major Countries |
8 Thailand Spend Analytics Market Key Performance Indicators |
8.1 Percentage increase in the number of organizations implementing spend analytics solutions |
8.2 Rate of growth in the spend analytics software market in Thailand |
8.3 Percentage improvement in cost savings and efficiency for businesses using spend analytics |
9 Thailand Spend Analytics Market - Opportunity Assessment |
9.1 Thailand Spend Analytics Market Opportunity Assessment, By Application , 2021 & 2031F |
9.2 Thailand Spend Analytics Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Thailand Spend Analytics Market Opportunity Assessment, By Analytics Type, 2021 & 2031F |
9.4 Thailand Spend Analytics Market Opportunity Assessment, By Business Function, 2021 & 2031F |
9.5 Thailand Spend Analytics Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.6 Thailand Spend Analytics Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.7 Thailand Spend Analytics Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Thailand Spend Analytics Market - Competitive Landscape |
10.1 Thailand Spend Analytics Market Revenue Share, By Companies, 2024 |
10.2 Thailand Spend Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |