Remove 2026 Remove Spend management Remove supply chain budgeting
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Why Procuretech has Immense Potential to Grow

Procurement Software

The experience of COVID-19 also showed that poorly managed vendor master data contributed to some of the delivery delays and supply chain disruption. These are usually not the household names with massive marketing budgets to sponsor glitzy conferences. billion by 2026, at a CAGR of 25,3%. billion in 2021 to USD 8.0

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Will Digital Procurement Tech Grow 25.3% Year-on-Year?

Procurement Software

(Just for the record, I didn’t spend $4,500 to read it in full!). billion in 2021 to a projected $8 billion by 2026, which corresponds to a compound annual growth rate, or CAGR, of 25.3% In other words, I would lump e-sourcing, contract management and certain supply chain risk and resilience technology into this definition too.