E-Procurement Forecast: 2014 Market Growth, Analysis, and Predictions [PRO]

This is the first in a series of 2014 market outlooks published to Spend Matters PRO subscribers. We will also be covering the e-sourcing, strategic sourcing, spend analytics, e-invoicing, supplier network, trade financing, and supplier management markets in this series. We can best sum up our market analysis and 2014 forecast for the e-procurement market in the following statement: “There is no leader and we do not anticipate a leader for the foreseeable future.” Read on for formal definitions of e-procurement and its sub-segments, along with our forecast for vendor growth and trends.

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