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TECH SUPPLIER Jun 2019 - Market Forecast - Doc # US45216619

Worldwide Procurement Applications Forecast, 2019–2023: Digitizing Procurement and Partnerships

By: Mickey North RizzaProgram Vice President, Enterprise Applications and Digital Commerce, Jordan JewellResearch Manager, Digital Commerce and Enterprise Applications


This IDC study examines the worldwide procurement applications market, which is forecast to reach $7.3 billion by 2023 at a CAGR of 7.6%.

"Digitizing procurement and partnerships are becoming major focus areas for many organizations. Digitization enables the business to shift from transactional processing and semiautomated processes to managing the relationships while also controlling costs and reducing risk," says Mickey North Rizza, program vice president, Enterprise Applications and Digital Commerce.


Subscriptions Covered

Enterprise Applications

Regions Covered


Topics Covered

Procurement, Public cloud services


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