Europe Procurement Software Market Size & Outlook, 2025-2033
Europe procurement software market highlights
- The Europe procurement software market generated a revenue of USD 2,600.0 million in 2024.
- The market is expected to grow at a CAGR of 8.9% from 2025 to 2033.
- In terms of segment, spend analysis was the largest revenue generating software type in 2024.
- Spend Analysis is the most lucrative software type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 2,600.0 million |
| Market revenue in 2033 | USD 5,525.1 million |
| Growth rate | 8.9% (CAGR from 2025 to 2033) |
| Largest segment | Spend analysis |
| Fastest growing segment | Spend Analysis |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spend Analysis |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.0% of the global procurement software market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,936.1 million by 2033.
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Procurement Software Market Scope
Procurement Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jaggaer | View profile | 501-1000 | Cary, North Carolina, United States, North America | https://www.jaggaer.com |
| Basware | View profile | 1001-5000 | Fort Mill, South Carolina, United States, North America | https://www.basware.com/ |
| Epicor Software Corporation | View profile | - | - | - |
| Proactis | View profile | 101-250 | Paris, Ile-de-France, France, Europe | https://www.proactis.com |
| Ivalua | View profile | 501-1000 | Massy, Ile-de-France, France, Europe | http://ivalua.com/ |
| Zycus | View profile | 1001-5000 | Princeton, New Jersey, United States, North America | http://www.zycus.com |
| GT Nexus | View profile | 501-1000 | Oakland, California, United States, North America | http://www.gtnexus.com |
| GEP | View profile | 1001-5000 | Clark, New Jersey, United States, North America | https://www.gep.com |
| Coupa Software | View profile | 1001-5000 | San Mateo, California, United States, North America | http://www.coupa.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Europe procurement software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to procurement software market will help companies and investors design strategic landscapes.
Spend analysis was the largest segment with a revenue share of 107.55% in 2024. Horizon Databook has segmented the Europe procurement software market based on spend analysis covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Europe procurement software market databook
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Our clientele includes a mix of procurement software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe procurement software market , including forecasts for subscribers. This continent databook contains high-level insights into Europe procurement software market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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