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Predictive Analytics Procurement Category Is Projected to Grow at a CAGR of 21.54% by 2026, SpendEdge Reports

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NEW YORK, May 12, 2022 /PRNewswire/ — According to the SpendEdge Sourcing and Procurement Reports Predictive Analytics Procurement Market is expected to have an incremental spend of USD 1,736.64 million, with an accelerating CAGR of 21.54%. Read More

The report provides a complete drill-down on global Predictive Analytics spend outlook at a global as well as regional level. Current spend scenario, growth outlook, incremental spend, and other key information is available individually for North America, South America, Europe, Middle East and Africa, and APAC.

Learn about crucial advisory and intelligence that can assist buyers in identifying and shortlisting the most suitable suppliers for their dairy product requirements. Some of the leading Predictive Analytics suppliers profiled extensively in this report are Microsoft, Oracle, and SAP.

Request a FREE sample report to access more information on other key market vendors and vendor analysis.

Predictive Analytics Procurement: Pricing Insights

It is crucial to keep track of current and future Predictive Analytics price trends to completely optimize the value of the purchase, both from current cash outflow as well as overall cost and benefit perspective. The Predictive Analytics report expects a change of 20%-24% during the forecast period. Price forecasts are beneficial in purchase planning, especially when supplemented by constant monitoring of price influencing factors described in the report.

Pricing insights presented in this report cover pricing benchmarks and the trends and strategies that can help optimize cost savings.

Request for a FREE sample to access the definite purchasing guide on the Predictive Analytics that answers all your key questions on price trends and analysis:

  • Am I paying/getting the right prices? Is my Predictive Analytics TCO (total cost of ownership) favorable?
  • How is the price forecast expected to change? What is driving the current and future price changes?
  • Which pricing models offer the most rewarding opportunities?

Predictive Analytics Sourcing and Procurement Market Report Key Details:

Report Specs

Details

Spend growth (CAGR)

21.54%

Incremental spend

USD 1,736.64 million

Pricing growth outlook

20%-24%

Pricing models

Consumption-based pricing, and Perpetual license pricing

Supplier selection scope

Technology infrastructure provided, Look for suppliers with service credits, Customer testimonials, and TCO of the solution provided by the supplier.

Market dynamics

Regional category spend in terms of percentage with respect to North America, South America, Europe, Middle East, and Africa and APAC and global category spend and CAGR in terms of percentage over a span of 5 years.

Download a free sample of this report now: https://spendedge.com/predictive-analytics-sourcing-and-procurement-intelligence-report

What are the Key Data Covered in this Predictive Analytics Sourcing and Procurement Market Report?

  • Detailed insights and analysis of the major cost drivers, volume drivers, and innovations of the Predictive Analytics procurement and sourcing market.
  • Precise estimation of procurement strategies deployed by major category end-users across several industries while sourcing for Predictive Analytics requirements.
  • Accurate predictions on upcoming trends and changes in vendor behavior.
  • Analysis into various supplier selection criteria, RFX questions, supplier evaluation metrics, and the service level agreements.
  • Insight into the most adopted procurement strategies by buyers across industries and an analysis of these strategies with respect to innovation, regulatory compliance, quality, supply, and cost.
  • Comprehensive details about each pricing model and the pros and cons attached to every pricing model prevalent in the market.

Best Selling Report in the Information Technology Category:

Table of Content

  • Executive Summary
  • Market Insights
  • Category Pricing Insights
  • Cost-saving Opportunities
  • Best Practices
  • Category Ecosystem
  • Category Management Strategy
  • Category Management Enablers
  • Suppliers Selection
  • Suppliers under Coverage
  • US Market Insights
  • Category scope
  • Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

Contact

SpendEdge

Anirban Choudhury

Marketing Manager

Ph No: +1 (872) 206-9340

https://www.spendedge.com/contact-us

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SOURCE SpendEdge



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