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

Name: United Kingdom (UK) 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: ETC4395550	Publication Date: Jul 2023	Updated Date: Aug 2025	Product Type: Report
Publisher: 6Wresearch	Author: Shubham Padhi	No. of Pages: 85	No. of Figures: 45	No. of Tables: 25

United Kingdom (UK) Procurement Analytics Market Overview

The UK procurement analytics market is driven by the need for advanced analytics solutions to optimize procurement processes, reduce costs, and enhance supplier management. Procurement analytics involves the use of data analytics and machine learning to gain insights into procurement activities. The market benefits from the increasing adoption of digital transformation and data-driven decision-making in businesses.

Drivers of the market

The UK procurement analytics market growth is propelled by digital transformation in supply chain management, data-driven procurement strategies, and demand for cost optimization solutions. Procurement analytics tools leverage AI, machine learning, and big data analytics to enhance supplier performance, mitigate supply chain risks, and improve purchasing decisions. Rising adoption of predictive analytics, supplier intelligence platforms, and cloud-based procurement solutions drive market expansion. Technological innovations in spend analytics, contract management software, and real-time supply chain visibility further support market growth.

Challenges of the market

Challenges in the UK procurement analytics market include integrating analytics tools with existing procurement systems, ensuring data accuracy and reliability for informed decision-making, and leveraging analytics for strategic sourcing amidst global supply chain disruptions.

Government Policy of the market

In the UK, the procurement analytics market is influenced by government policies that promote efficiency, transparency, and cost-effectiveness in public sector procurement processes. Regulations and initiatives govern the use of analytics tools and technologies to optimize procurement decision-making, enhance supplier management, and mitigate procurement risks. The UK government supports initiatives that leverage data analytics for strategic sourcing, contract management, and performance monitoring to achieve value for money in public procurement contracts. Additionally, policies aim to foster collaboration between government agencies and private sector providers of procurement analytics solutions, promote data-driven insights into procurement practices, and ensure compliance with procurement regulations and ethical standards.

Key Highlights of the Report:

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

3.1 United Kingdom (UK) Country Macro Economic Indicators

3.2 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, 2021 & 2031F

3.3 United Kingdom (UK) Procurement Analytics Market - Industry Life Cycle

3.4 United Kingdom (UK) Procurement Analytics Market - Porter's Five Forces

3.5 United Kingdom (UK) Procurement Analytics Market Revenues & Volume Share, By Component , 2021 & 2031F

3.6 United Kingdom (UK) Procurement Analytics Market Revenues & Volume Share, By Organization Size , 2021 & 2031F

3.7 United Kingdom (UK) Procurement Analytics Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F

3.8 United Kingdom (UK) Procurement Analytics Market Revenues & Volume Share, By Application, 2021 & 2031F

3.9 United Kingdom (UK) Procurement Analytics Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F

4 United Kingdom (UK) Procurement Analytics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of data analytics in procurement processes to improve efficiency and cost savings.

4.2.2 Growing emphasis on strategic sourcing and supplier management in organizations.

4.2.3 Rising demand for real-time insights and predictive analytics to optimize procurement decisions.

4.3 Market Restraints

4.3.1 Data security and privacy concerns related to the use of analytics in procurement.

4.3.2 Lack of skilled professionals proficient in data analytics within the procurement function.

4.3.3 Integration challenges with existing procurement systems and technologies.

5 United Kingdom (UK) Procurement Analytics Market Trends

6 United Kingdom (UK) Procurement Analytics Market, By Types

6.1 United Kingdom (UK) Procurement Analytics Market, By Component

6.1.1 Overview and Analysis

6.1.2 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Component , 2021-2031F

6.1.3 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Solutions, 2021-2031F

6.1.4 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Services, 2021-2031F

6.2 United Kingdom (UK) Procurement Analytics Market, By Organization Size

6.2.1 Overview and Analysis

6.2.2 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F

6.2.3 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By SMEs, 2021-2031F

6.3 United Kingdom (UK) Procurement Analytics Market, By Deployment Mode

6.3.1 Overview and Analysis

6.3.2 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Cloud, 2021-2031F

6.3.3 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By On-premises, 2021-2031F

6.4 United Kingdom (UK) Procurement Analytics Market, By Application

6.4.1 Overview and Analysis

6.4.2 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Supply Chain Analytics, 2021-2031F

6.4.3 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Risk Analytics, 2021-2031F

6.4.4 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Spend Analytics, 2021-2031F

6.4.5 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Demand Forecasting, 2021-2031F

6.4.6 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Contract Management, 2021-2031F

6.4.7 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Vendor Management, 2021-2031F

6.5 United Kingdom (UK) Procurement Analytics Market, By Industry Vertical

6.5.1 Overview and Analysis

6.5.2 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By BFSI, 2021-2031F

6.5.3 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Retail and eCommerce, 2021-2031F

6.5.4 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Telecom and IT, 2021-2031F

6.5.5 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F

6.5.6 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F

6.5.7 United Kingdom (UK) Procurement Analytics Market Revenues & Volume, By Energy and Utilities, 2021-2031F

7 United Kingdom (UK) Procurement Analytics Market Import-Export Trade Statistics

7.1 United Kingdom (UK) Procurement Analytics Market Export to Major Countries

7.2 United Kingdom (UK) Procurement Analytics Market Imports from Major Countries

8 United Kingdom (UK) Procurement Analytics Market Key Performance Indicators

8.1 Percentage increase in spend under management through analytics-driven procurement.

8.2 Average time reduction in procurement cycles achieved through analytics implementation.

8.3 Percentage improvement in supplier performance and relationship management metrics.

8.4 Increase in cost savings and procurement efficiency as a result of analytics initiatives.

8.5 Number of procurement processes optimized through data-driven insights.

9 United Kingdom (UK) Procurement Analytics Market - Opportunity Assessment

9.1 United Kingdom (UK) Procurement Analytics Market Opportunity Assessment, By Component , 2021 & 2031F

9.2 United Kingdom (UK) Procurement Analytics Market Opportunity Assessment, By Organization Size , 2021 & 2031F

9.3 United Kingdom (UK) Procurement Analytics Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F

9.4 United Kingdom (UK) Procurement Analytics Market Opportunity Assessment, By Application, 2021 & 2031F

9.5 United Kingdom (UK) Procurement Analytics Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F

10 United Kingdom (UK) Procurement Analytics Market - Competitive Landscape

10.1 United Kingdom (UK) Procurement Analytics Market Revenue Share, By Companies, 2024

10.2 United Kingdom (UK) 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

Middle East Procurement Analytics Market

North America Procurement Analytics Market

Pakistan Procurement Analytics Market

Qatar Procurement Analytics Market

Saudi Arabia Procurement Analytics Market

Turkey Procurement Analytics Market

United Arab Emirates (UAE) 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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