Spend Analytics Market Insights by Emerging Trends, Growth and Forecast till 2022 [MarketWatch]
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Japan, Japan, Wed, 24 Nov 2021 02:52:56 / Comserve Inc. / -- The global spend analytics market size is estimated to grow from USD 1.33 billion in 2017 to USD 3.01 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.7%. With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. Increasing need for supplier and market intelligence is expected to propel the market growth The global spend analytics market size is estimated to grow from USD 1.33 billion in 2017 to USD 3.01 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.7%. Need for predictive analytics for businesses, requirement for better managing internal compliance policies and external contracts, and growing demand for cloud computing technology are other factors fueli
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