An analysis of several procurement solutions performed in 2024 assigned a score of 2.4 out of four to the overall process orchestration on procurement platforms. This includes receiving information from supplier portals and aligning it with buyers' requests and required compliance with contracts. In turn, the actual receiving of goods was measured at 2.02 out of four.

Companies using procurement software for business purchases might not shop on marketplaces. Amazon Business seized this market opportunity and invested in digital procurement integrations, so that business-to-business (B2B) buyers could order products from Amazon Business and eventually finalize their transaction on the marketplace. As of February 2023, nearly 70 percent of available Amazon Business integrations included general procurement tools.

E-procurement, or electronic procurement, is the digital transformation of the traditional procurement process. It involves using electronic platforms, tools, and techniques to manage and execute all stages of the procurement cycle, from identifying a need to the final payment for goods and services. Governments worldwide have increasingly adopted e-procurement systems to enhance the efficiency, transparency, and accountability of public spending. In India, the e-procurement initiative is part of the Mission Mode Projects (MMP) under the National e-Governance Plan (NeGP). This program aims to simplify, streamline, and bring transparency to government procurement processes. The Directorate General of Supplies & Disposals (DGS&D), under the Ministry of Commerce and Industry, is responsible for implementing this MMP. With its expertise in procuring goods and services, DGS&D is pivotal in managing e-procurement across various government sectors.

According to a worldwide survey from 2023, e-procurement platform brought multiple advantages to companies having to spend for maintenance, repair, and operations (MRO). Digital procurement solutions allowed easier work with data and report creation (59 percent). B2B professionals appreciated having all procurement data in the same place and reordering frequently-used items, each at 56 percent of answers.

The Eprocurement Software market has emerged as a pivotal component within the digital transformation landscape, enabling organizations to automate and streamline their purchasing processes. This software serves as an essential tool for businesses across various industries, facilitating enhanced procurement efficien

The E-Procurement Tools market has emerged as a crucial component of modern business operations, streamlining the procurement process for companies across various industries. These tools enable organizations to automate procurement functions, enhancing efficiency and transparency while reducing costs. By facilitatin

Government Procurement Tools Market Outlook

The global market size for Government Procurement Tools was valued at approximately USD 7.5 billion in 2023 and is projected to reach around USD 14.2 billion by 2032, growing at a CAGR of 7.2% from 2024 to 2032. One of the key growth factors driving this market is the increasing adoption of digital solutions to streamline procurement processes in various government sectors. Governments around the world are increasingly investing in procurement tools to enhance efficiency, reduce costs, and ensure transparency in spending.

The escalating demand for e-procurement solutions is a significant growth factor in the Government Procurement Tools market. e-Procurement systems automate and integrate the entire procurement cycle, from requisition to invoice reconciliation, thereby minimizing manual errors and improving compliance with procurement policies. Governments are under pressure to adopt such systems due to stringent regulatory requirements and the need for enhanced transparency and accountability in public spending. Additionally, e-Procurement solutions provide real-time data and analytics, enabling informed decision-making and better supplier management.

Advancements in technology, particularly cloud computing and big data analytics, are radically transforming the government procurement landscape. Cloud-based procurement tools offer scalability, flexibility, and cost-efficiency, making them particularly attractive for government entities that need to manage large volumes of procurement data. Big data analytics, on the other hand, enable governments to perform spend analysis, identify cost-saving opportunities, and optimize procurement strategies. These technological advancements are propelling the adoption of modern procurement tools in the public sector.

Another driving factor for the Government Procurement Tools market is the increasing focus on vendor management and contract management. Effective vendor management helps in building strong supplier relationships, ensuring quality, and reducing risks. Contract management tools help in monitoring compliance, managing contract lifecycles, and ensuring that contractual obligations are met. As governments seek to improve their procurement processes, the demand for comprehensive vendor and contract management solutions is on the rise.

Procurement Analytics Software is increasingly becoming a vital component in the government procurement landscape. This software enables government agencies to harness the power of data to gain insights into procurement activities, supplier performance, and spending patterns. By leveraging advanced analytics, governments can make data-driven decisions that enhance procurement efficiency and transparency. The integration of procurement analytics software with existing procurement tools allows for a more comprehensive approach to managing procurement processes, ultimately leading to cost savings and improved supplier relationships. As governments continue to prioritize digital transformation, the adoption of procurement analytics software is expected to rise, providing a competitive edge in managing public funds effectively.

Regionally, North America is expected to dominate the Government Procurement Tools market due to the early adoption of advanced procurement technologies and the presence of major market players. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. The rapid digitization of government processes in countries like China and India, along with increasing government initiatives to enhance procurement efficiency, are driving the market in this region.

Type Analysis

The Government Procurement Tools market is segmented by type into e-Procurement, Vendor Management, Contract Management, Spend Analysis, and others. e-Procurement solutions are expected to hold the largest market share due to their ability to automate and streamline the entire procurement process. These solutions help in reducing manual errors, improving compliance, and ensuring transparency in procurement activities. The growing focus on digital transformation within government entities is further driving the adoption of e-Procurement solutions.

Vendor Management tools are crucial for government agencies to manage their relationships with suppliers effectively. These tools help in assessing vendor performance, ensuring compliance with contractual

The e-Procurement Purchasing System Software market has emerged as a crucial component in the modern business landscape, facilitating the procurement process through digital platforms. This software streamlines purchasing activities, enabling organizations to manage their procurement workflows efficiently, from sour

Many studies have explored numerous barriers to e-procurement adoption in the construction industry. However, a comprehensive review of literature to reveal the interconnectivity among the barriers is still lacking. This study aims to conduct a systematic review and to reveal the relationships among e-procurement barriers in literature. Through a systematic review technique, 61 relevant papers were extracted. Thirty-four barriers were identified and categorized into organizational, technological legal and cultural barriers. Further, network analysis was employed to depict the complex interrelationships among the barriers. Although the barriers related to change resistance and lack of trust were prominent and highly connected, there exist other significant connections among the barriers to e-procurement adoption. The study contributes to e-procurement body of knowledge by exploring the complex interrelationships among e-procurement barriers. Further, this study offers practitioners a guiding frame in the development of effective strategies that mitigate e-procurement barriers and relationships in the construction industry.

A 2024 survey carried out in several APAC countries showed that nearly two-thirds of professionals believed AI to be widely adopted in procurement processes. Even more than that, nearly 30 percent of respondents thought AI will become a core component of procurement processes.

The Pharmaceutical E-Procurement Systems market has emerged as a critical component of modern healthcare supply chain management, enabling organizations to streamline their procurement processes, reduce costs, and enhance operational efficiency. These systems facilitate the electronic acquisition of pharmaceutical p

Eprocurement Software Market Outlook

In 2023, the global eProcurement software market size was valued at approximately USD 5.3 billion and is projected to reach USD 11.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.3% during the forecast period. This remarkable growth is driven by the increasing adoption of digital procurement solutions to enhance operational efficiency and reduce costs.

One of the primary growth factors of the eProcurement software market is the increasing need for process automation in procurement activities. Businesses are under constant pressure to optimize their supply chains and procurement processes to stay competitive. eProcurement software offers a seamless and efficient way to manage procurement activities, from sourcing to payment, thereby reducing manual errors, enhancing compliance, and speeding up procurement cycles. The integration of advanced technologies like artificial intelligence (AI) and machine learning (ML) into eProcurement solutions is further driving market growth by enabling predictive analytics and deeper insights into procurement data.

Another significant growth driver is the rising trend of digital transformation across various industries. Organizations are increasingly investing in digital tools and platforms to streamline their operations and improve productivity. eProcurement software is a critical component of digital transformation initiatives, offering businesses the ability to manage procurement activities digitally, improve supplier relationships, and achieve greater transparency and control over their procurement processes. The COVID-19 pandemic has further accelerated the adoption of digital procurement solutions as businesses have had to adapt to remote working environments and ensure business continuity.

The increasing focus on compliance and risk management is also contributing to the growth of the eProcurement software market. Regulatory requirements and compliance standards are becoming more stringent, and businesses must ensure that their procurement processes adhere to these regulations. eProcurement software provides tools and features that help organizations maintain compliance, manage risks, and ensure that procurement activities are conducted ethically and transparently. This is particularly important in industries such as healthcare, BFSI, and government, where compliance and risk management are critical.

From a regional perspective, North America currently holds the largest market share, driven by the early adoption of advanced technologies and the presence of major market players in the region. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rapid industrialization, digitalization, and increasing investments in IT infrastructure. Europe also represents a significant market for eProcurement software, with businesses in the region focusing on enhancing operational efficiency and compliance. The Middle East & Africa and Latin America are emerging markets with growing awareness and adoption of eProcurement solutions.

Deployment Mode Analysis

The deployment mode of eProcurement software is a critical factor that influences its adoption and implementation. The market is segmented into on-premises and cloud-based solutions. On-premises eProcurement software involves the installation of the software on the organization's own servers and infrastructure. This deployment mode offers greater control over data and customization options, making it suitable for large enterprises with complex procurement needs and stringent security requirements. However, the high initial investment and ongoing maintenance costs can be a deterrent for smaller organizations.

Cloud-based eProcurement software, on the other hand, is hosted on the vendor's servers and accessed via the internet. This deployment mode offers several advantages, including lower upfront costs, scalability, and ease of implementation. Cloud-based solutions are particularly attractive to small and medium enterprises (SMEs) that may lack the resources to manage on-premises infrastructure. Additionally, cloud-based eProcurement software provides flexibility, enabling organizations to access procurement data and processes from anywhere, thus supporting remote work and enabling better collaboration with suppliers.

The growing preference for cloud-based solutions is a significant trend in the eProcurement software market. The cloud deployment model is gaining traction due to its cost-effectiveness, ease of integration w

The e-procurement purchasing system software market is experiencing robust growth, driven by the increasing need for automation, efficiency, and cost reduction in procurement processes across various industries. The market, estimated at $X billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of XX% from 2025 to 2033, reaching a value of approximately $Y billion by 2033. This growth is fueled by several key factors, including the rising adoption of cloud-based solutions, the increasing demand for improved supply chain visibility, and the growing emphasis on data-driven decision-making in procurement. Furthermore, the integration of advanced technologies such as artificial intelligence (AI) and machine learning (ML) is enhancing the capabilities of e-procurement systems, leading to greater efficiency and cost savings. The market is segmented by deployment model (cloud, on-premise), organization size (small, medium, large enterprises), industry vertical (manufacturing, retail, healthcare, etc.), and geographic region. Leading players like Coupa, SAP Ariba, and Oracle are investing heavily in research and development to enhance their product offerings and maintain a competitive edge. The competitive landscape is characterized by the presence of both established players and emerging vendors offering specialized solutions. While established players benefit from brand recognition and extensive client networks, smaller vendors are focusing on niche markets and offering innovative features. The market faces certain restraints, including concerns related to data security, integration complexities, and the need for extensive user training. However, the long-term outlook remains positive, with the ongoing digital transformation across industries and the increasing adoption of e-procurement solutions expected to drive substantial market expansion over the forecast period. The market is geographically diverse, with North America and Europe currently holding significant market share, though Asia-Pacific is anticipated to witness the fastest growth in the coming years.

Dataset

This dataset was created by ciparins

Contents

🇺🇸 미국 English The State Contract and Procurement Registration System (SCPRS) was established in 2003, as a centralized database of information on State contracts and purchases over $5000. eSCPRS represents the data captured in the State's eProcurement (eP) system, Bidsync, as of March 16, 2009. The data provided is an extract from that system for fiscal years 2012-2013, 2013-2014, and 2014-2015 Data Limitations: Some purchase orders have multiple UNSPSC numbers, however only first was used to identify the purchase order. Multiple UNSPSC numbers were included to provide additional data for a DGS special event however this affects the formatting of the file. The source system Bidsync is being deprecated and these issues will be resolved in the future as state systems transition to Fi$cal. Data Collection Methodology: The data collection process starts with a data file from eSCPRS that is scrubbed and standardized prior to being uploaded into a SQL Server database. There are four primary tables. The Supplier, Department and United Nations Standard Products and Services Code (UNSPSC) tables are reference tables. The Supplier and Department tables are updated and mapped to the appropriate numbering schema and naming conventions. The UNSPSC table is used to categorize line item information and requires no further manipulation. The Purchase Order table contains raw data that requires conversion to the correct data format and mapping to the corresponding data fields. A stacking method is applied to the table to eliminate blanks where needed. Extraneous characters are removed from fields. The four tables are joined together and queries are executed to update the final Purchase Order Dataset table. Once the scrubbing and standardization process is complete the data is then uploaded into the SQL Server database. Secondary/Related Resources:

The global government procurement software market, valued at $1045.7 million in 2025, is projected to experience robust growth, driven by increasing government digitization initiatives and the need for enhanced transparency and efficiency in public procurement processes. The market's Compound Annual Growth Rate (CAGR) of 6.7% from 2025 to 2033 indicates a significant expansion, fueled by the adoption of cloud-based solutions offering scalability, cost-effectiveness, and improved data security. Key trends include the integration of advanced analytics for better decision-making, the rise of e-procurement platforms streamlining procurement cycles, and the growing focus on compliance with government regulations. While challenges such as legacy systems and data integration complexities exist, the overall market outlook remains positive, propelled by increasing government investment in IT infrastructure and the continuous demand for efficient and secure procurement systems. The segmentation by application (government and third-party vendors) and type (cloud-based and on-premises) reveals a clear preference for cloud-based solutions due to their flexibility and accessibility. Major players like Salesforce, GoveSpend, and others are competing to offer comprehensive solutions catering to the specific needs of different government agencies. The regional distribution shows a strong presence in North America and Europe, with significant growth potential in emerging economies within Asia-Pacific and the Middle East & Africa, as these regions gradually adopt sophisticated procurement technologies. The competitive landscape is dynamic, with established vendors focusing on expanding their product offerings and geographical reach. Smaller, specialized firms are also emerging, providing niche solutions tailored to specific government sectors or procurement processes. Strategic partnerships and mergers & acquisitions are expected to reshape the market landscape in the coming years, driving innovation and consolidation. Future growth will be significantly influenced by factors like the pace of technological advancements, government policies supporting digital transformation, and the increasing emphasis on data-driven decision-making in public procurement. The continued adoption of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML) for fraud detection and risk management will further enhance market growth. Increased cybersecurity concerns will also drive demand for robust security features within government procurement software solutions.

The Group Purchasing Organization (GPO) industry, vital to healthcare operations, has grown through the end of 2024. GPOs act as lifesavers for healthcare organizations struggling to maneuver the rising costs and stringent regulations and don the hat of trendsetters in using high-end tech like sophisticated analytics and e-commerce to streamline operations. On top of that, GPOs have braced themselves to face heightened competition owing to new entries and expanded their service portfolio. Through the end of 2024, industry revenue has climbed at a CAGR of 1.0% to reach $6.3 billion in 2024, including an expansion of 1.4% in 2024 alone. The GPO industry has undergone some defining transformations. Integrating advanced technology tools has pushed the industry closer to better strategic decisions and cost-effective solutions. The shift toward e-commerce platforms has made procurement more convenient and transparent. But at the same time, this rising digitization has challenged GPOs to fight off increasing cyber threats. The industry's competitive landscape has also intensified with more players joining the game and shifting towards diversified services. Amid consolidation trends, specialist GPOs emerged, providing personalized services to specific healthcare areas, marking a substantial change in industry contours. The five years through the end of 2029 will be an era of overwhelming digital adoption, with automation taking the front seat in procurement procedures. Specialist GPOs will call the shots, with their expertise highly sought after to align with company strategies. As going green becomes a priority, GPOs must ensure their procurement strategies align with sustainability efforts, making things interesting. Industry revenue will expand at a CAGR of 1.9% to reach $6.9 billion.

Provides information data for each type of electronic procurement contract information disclosure (construction, service, internal investment). * Construction contract status information inquiry service, service contract execution status information inquiry service, internal contract execution status information inquiry service

Digital procurement is going to play a key role in big consumer goods companies. According to a worldiwide survey, 36 percent of respondents will give priority to data analytics, whereas 33 percent of procurement professionals expect to implement source-to-contract processes by 2027. This will streamline supplier selection and contract signing.

Provide a list of procurement target classification codes and their Chinese and English names adopted by the government electronic procurement website.