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Global Purchase Order Software Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Purchase Order Software Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Purchase Order Software Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 19 Aug 2020
  • Report ID: ICT&S 0069
  • Pages:193
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Purchase Order Software is anticipated to have CAGR of ~x% over 2019-2028. The rise in the need for process streamlining and management in a business would help the industry grow in the near future. The surge in adoption of analytic solutions for the process improvement is anticipated to boost the industry in the forecast period.

Top Driver: Rise in the need for process streamlining to boost the industry

Purchase Order Software is projected to grow with the surge in the need for having better management of the purchase orders. According to the data given by University of Texas, 94% of companies suffering from a catastrophic data loss do not survive and 43% never reopen and 51% close within two years. The software is designed which is helpful in maintaining the data regarding the purchase orders and hence is the need of the hour. The rising data loss is causing trouble for the business and has hence propelled the demand of the software and is to be maintained by the purchase order software.

On-premise to Make Crucial Contribution to Growth of Global Purchase Order Software Market

Among types segments of the global Purchase Order Software market, on-premise based software is anticipated to gain maximum shares. The on-premise based software is used by the majority of the small and medium enterprises and large scale enterprises as the privacy of the software is a major concern. However, the cloud-based systems are getting a steep growth in the recent years due to the situation of data losses. The recovery of the data is easier in the cloud based solutions.

Increase in data losses to propel North American Market

North America is experiencing highest revenue growth than any other country and is anticipated to boost in the coming years. According to the statistics given by the Home Office Computing Magazine 30% of all businesses that have a major fire go out of business within a year and 70% fail within five years. The need for storage of purchase orders has been increasing with the coming years and hence the software is required in order to help easier procurement of the data. Asia- Pacific region is anticipated to gain highest CAGR in the forecast period, due to the surge in the industry set ups and start up businesses in the region.

Due to outbreak of COVID-19 the various manufacturers are focusing over the purchase order software in order to manage the problems caused related to improper data management. This software is anticipated to gain maximum attention due to the advent of the notifications which can be taken into mobile phones also. However, due to reduction in the sale in various industries the decrease in the new installations of such software may be seen in the current scenario.

Players to Focus on advanced Purchase Order Software

The global Purchase Order Software market leaders include Proactis, SAP, Jaggaer, BravoSolution SPA, Coupa Software Inc., OpusCapita Group Oy, JDA Software Group, Inc., Zycus Inc., Ivalua Inc., Tradeshift, IBM, Vinimaya, Basware, Oracle, BuyerQuest Holdings Inc., Epicor Software Corporation, Tungsten Corporation Plc., and Infor.

Proactis: Proactis offered the software which help ensure that only appropriate purchases are made by cumulative compliance with authorization policies and procedures, while reducing the cost of the Accounts Payable function by automating the great majority of invoice processing. They are bringing up changes in the software, which are useful for the management of purchase order.

JDA Software Group, Inc.: JDA offered Luminate, which is a cloud-based supply chain management solution for large and enterprise companies. It serves clients across a variety of supply chain industries including automotive, aerospace, retail, TPL, food and beverage and consumer goods. The recent advancement includes the up-gradation of notification which can be popped up in mobile also and hence makes it easily accessible.

Epicor Software Corporation: Epicor ERP’s Purchase Management module works to streamline the PO process, handling PO writing in an intuitive platform. Users can easily modify orders and line items. They can also select from a list of suppliers, parts and quantities, reducing the risk of data entry errors.

Scope of the Report

By Types

  • On-Premise
  • Cloud-based

By Application

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By Region

  • North America
  • Europe
  • Asia Pacific

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Smart Greenhouse Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Smart Greenhouse Market -Industry Snapshots

6.1             Overview

6.1.1          Global Smart Greenhouse Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Smart Greenhouse Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Smart Greenhouse Market- By Type

7.2.1          Smart Greenhouse Market- Hydroponics

7.2.2          Smart Greenhouse Market- Non-hydroponics

Chapter 8           Global Smart Greenhouse Market Analysis, by Component

8.1             Overview

8.2             Key Findings for Smart Greenhouse Market- By Component

8.2.1          Smart Greenhouse Market- HVAC Systems

8.2.2          Smart Greenhouse Market- LED Grow Lights

8.2.3          Smart Greenhouse Market- Control Systems & Sensors

Chapter 9           Global Smart Greenhouse Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Smart Greenhouse Market- By End User

9.2.1          Smart Greenhouse Market- Retail Gardens

9.2.2          Smart Greenhouse Market- Commercial Growers

9.2.3          Smart Greenhouse Market- Research & Educational Institutes

9.2.4          Smart Greenhouse Market- Others

Chapter 10       Smart Greenhouse Market Analysis by Region

10.1           Key Findings for Smart Greenhouse Market- By region

10.2           Overview

10.2.1       Global Smart Greenhouse Market Analysis, By Type, 2019 – 2028

10.2.2       Global Smart Greenhouse Market Analysis, By Component, 2019 – 2028

10.2.3       Global Smart Greenhouse Market Analysis, By End User, 2019 – 2028

10.3           Smart Greenhouse Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Type

10.3.6       North America Market, By Component

10.3.7       North America Market, By End User

10.4           Smart Greenhouse Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Type

10.4.8       Europe Market, By Component

10.4.9       Europe market by, End User

10.5           Smart Greenhouse Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Type

10.5.7       Asia Pacific Market, By Component

10.5.8       Asia Pacific Market, By End User

10.6           Smart Greenhouse Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Type

10.6.6       South America, Middle East and Africa Market, By Component

10.6.7       South America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Nexus Corporation

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Argus Control Systems Limited

12.3           Certhon

12.4           Rough Brothers, Inc.

12.5           GreenTech Agro LLC

12.6           Netafim

12.7           Sensaphone

12.8           Cultivar Ltd.

12.9           Heliospectra AB

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix




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