Global Sourcing Software Market 2017-2021

NEW YORK, Feb. 22, 2017 /PRNewswire/ --

Sourcing Software

Sourcing is the process of locating sources of goods and services of a company. It is a component of the procurement process. In procurement, major focus will be on the logistics of acquiring materials, whereas in sourcing the focus is to find the best and cost-effective suppliers for the resources. Since the profit of a business can rely heavily on finding the best possible sources, sourcing plays a vital role in the procurement process and in the overall supply chain management process.

Technavio's analysts forecast the global sourcing software market to grow at a CAGR of 8.19% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global sourcing software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of sourcing software globally.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's™ report, Global Sourcing Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Capgemini
- Coupa Software
- IBM
- SAP
- sciQuest

Other prominent vendors
- ClearTrack Information Network
- Determine
- eBid Systems
- ESM Solutions
- GEP
- Market Dojo
- Winddle
- Xeeva
- Zycus

Market driver
- Increased need for cost reduction in the sourcing process
- For a full, detailed list, view our report

Market challenge
- Dynamic sourcing service requirements
- For a full, detailed list, view our report

Market trend
- Emergence of mobile sourcing technology
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: http://www.reportlinker.com/p04706404-summary/view-report.html

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

Read the full report: http://www.reportlinker.com/p04706404-summary/view-report.html

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