Global eSourcing System Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI08256064

Publication Date:

August 8, 2025

Pages:

129

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

According to this study, the global eSourcing System market size will reach US$ 4026 million by 2031.
An eSourcing system is a digital platform or software solution designed to manage and automate the sourcing processes of an organization. It facilitates electronic execution of procurement tasks such as supplier identification, eRFx (requests for information, proposals, and quotations), online bidding (reverse auctions), supplier evaluation, negotiation, and contract award. By centralizing and streamlining these activities, an eSourcing system enhances transparency, reduces procurement cycle times, drives cost savings, and improves supplier collaboration. Typically integrated with broader procurement or ERP systems, eSourcing systems support strategic sourcing and ensure compliance with internal policies and external regulations.
The eSourcing system market is experiencing strong growth driven by increasing adoption of cloud-based platforms, which offer scalability and cost-effectiveness. AI and machine learning are being integrated to enhance supplier selection, automate bid evaluations, and predict sourcing risks. Sustainability and ESG compliance tracking have become critical, alongside growing use of real-time analytics for better decision-making. Reverse auctions are expanding across industries to encourage competitive pricing, while supplier collaboration features and mobile accessibility are improving user engagement. There is also a strong push for seamless integration with ERP and procure-to-pay systems, and heightened focus on cybersecurity and data privacy. Notably, affordable SaaS models are enabling wider adoption among small and mid-sized enterprises (SMEs), accelerating digital transformation in procurement.
The 鈥渆Sourcing System Industry Forecast鈥� looks at past sales and reviews total world eSourcing System sales in 2024, providing a comprehensive analysis by region and market sector of projected eSourcing System sales for 2025 through 2031. With eSourcing System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world eSourcing System industry.
This Insight Report provides a comprehensive analysis of the global eSourcing System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on eSourcing System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global eSourcing System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for eSourcing System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global eSourcing System.
This report presents a comprehensive overview, market shares, and growth opportunities of eSourcing System market by product type, application, key players and key regions and countries.
Segmentation by Type:
eRFx Tools
eAuction Tools
Spend Analysis Tools
Contract Management Tools
Segmentation by Application:
Manufacturing Sector
Retail Sector
Public Sector
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SAP
Jaggaer
Coupa
Global eProcure
Ivalua
Synertrade
Zycus
Proactis
Scanmarket
Corcentric
Market Dojo
Sourcemap
Keelvar Systems
EcoVadis
SpendHQ
Onventis

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global eSourcing System Market Size (2020-2031)
2.1.2 eSourcing System Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for eSourcing System by Country/Region (2020, 2024 & 2031)
2.2 eSourcing System Segment by Type
2.2.1 eRFx Tools
2.2.2 eAuction Tools
2.2.3 Spend Analysis Tools
2.2.4 Contract Management Tools
2.3 eSourcing System Market Size by Type
2.3.1 eSourcing System Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global eSourcing System Market Size Market Share by Type (2020-2025)
2.4 eSourcing System Segment by Application
2.4.1 Manufacturing Sector
2.4.2 Retail Sector
2.4.3 Public Sector
2.4.4 Others
2.5 eSourcing System Market Size by Application
2.5.1 eSourcing System Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global eSourcing System Market Size Market Share by Application (2020-2025)
3 eSourcing System Market Size by Player
3.1 eSourcing System Market Size Market Share by Player
3.1.1 Global eSourcing System Revenue by Player (2020-2025)
3.1.2 Global eSourcing System Revenue Market Share by Player (2020-2025)
3.2 Global eSourcing System Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 eSourcing System by Region
4.1 eSourcing System Market Size by Region (2020-2025)
4.2 Global eSourcing System Annual Revenue by Country/Region (2020-2025)
4.3 Americas eSourcing System Market Size Growth (2020-2025)
4.4 APAC eSourcing System Market Size Growth (2020-2025)
4.5 Europe eSourcing System Market Size Growth (2020-2025)
4.6 Middle East & Africa eSourcing System Market Size Growth (2020-2025)
5 Americas
5.1 Americas eSourcing System Market Size by Country (2020-2025)
5.2 Americas eSourcing System Market Size by Type (2020-2025)
5.3 Americas eSourcing System Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC eSourcing System Market Size by Region (2020-2025)
6.2 APAC eSourcing System Market Size by Type (2020-2025)
6.3 APAC eSourcing System Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe eSourcing System Market Size by Country (2020-2025)
7.2 Europe eSourcing System Market Size by Type (2020-2025)
7.3 Europe eSourcing System Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa eSourcing System by Region (2020-2025)
8.2 Middle East & Africa eSourcing System Market Size by Type (2020-2025)
8.3 Middle East & Africa eSourcing System Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global eSourcing System Market Forecast
10.1 Global eSourcing System Forecast by Region (2026-2031)
10.1.1 Global eSourcing System Forecast by Region (2026-2031)
10.1.2 Americas eSourcing System Forecast
10.1.3 APAC eSourcing System Forecast
10.1.4 Europe eSourcing System Forecast
10.1.5 Middle East & Africa eSourcing System Forecast
10.2 Americas eSourcing System Forecast by Country (2026-2031)
10.2.1 United States Market eSourcing System Forecast
10.2.2 Canada Market eSourcing System Forecast
10.2.3 Mexico Market eSourcing System Forecast
10.2.4 Brazil Market eSourcing System Forecast
10.3 APAC eSourcing System Forecast by Region (2026-2031)
10.3.1 China eSourcing System Market Forecast
10.3.2 Japan Market eSourcing System Forecast
10.3.3 Korea Market eSourcing System Forecast
10.3.4 Southeast Asia Market eSourcing System Forecast
10.3.5 India Market eSourcing System Forecast
10.3.6 Australia Market eSourcing System Forecast
10.4 Europe eSourcing System Forecast by Country (2026-2031)
10.4.1 Germany Market eSourcing System Forecast
10.4.2 France Market eSourcing System Forecast
10.4.3 UK Market eSourcing System Forecast
10.4.4 Italy Market eSourcing System Forecast
10.4.5 Russia Market eSourcing System Forecast
10.5 Middle East & Africa eSourcing System Forecast by Region (2026-2031)
10.5.1 Egypt Market eSourcing System Forecast
10.5.2 South Africa Market eSourcing System Forecast
10.5.3 Israel Market eSourcing System Forecast
10.5.4 Turkey Market eSourcing System Forecast
10.6 Global eSourcing System Forecast by Type (2026-2031)
10.7 Global eSourcing System Forecast by Application (2026-2031)
10.7.1 GCC Countries Market eSourcing System Forecast
11 Key Players Analysis
11.1 SAP
11.1.1 SAP Company Information
11.1.2 SAP eSourcing System Product Offered
11.1.3 SAP eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 SAP Main Business Overview
11.1.5 SAP Latest Developments
11.2 Jaggaer
11.2.1 Jaggaer Company Information
11.2.2 Jaggaer eSourcing System Product Offered
11.2.3 Jaggaer eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Jaggaer Main Business Overview
11.2.5 Jaggaer Latest Developments
11.3 Coupa
11.3.1 Coupa Company Information
11.3.2 Coupa eSourcing System Product Offered
11.3.3 Coupa eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Coupa Main Business Overview
11.3.5 Coupa Latest Developments
11.4 Global eProcure
11.4.1 Global eProcure Company Information
11.4.2 Global eProcure eSourcing System Product Offered
11.4.3 Global eProcure eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Global eProcure Main Business Overview
11.4.5 Global eProcure Latest Developments
11.5 Ivalua
11.5.1 Ivalua Company Information
11.5.2 Ivalua eSourcing System Product Offered
11.5.3 Ivalua eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Ivalua Main Business Overview
11.5.5 Ivalua Latest Developments
11.6 Synertrade
11.6.1 Synertrade Company Information
11.6.2 Synertrade eSourcing System Product Offered
11.6.3 Synertrade eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Synertrade Main Business Overview
11.6.5 Synertrade Latest Developments
11.7 Zycus
11.7.1 Zycus Company Information
11.7.2 Zycus eSourcing System Product Offered
11.7.3 Zycus eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Zycus Main Business Overview
11.7.5 Zycus Latest Developments
11.8 Proactis
11.8.1 Proactis Company Information
11.8.2 Proactis eSourcing System Product Offered
11.8.3 Proactis eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Proactis Main Business Overview
11.8.5 Proactis Latest Developments
11.9 Scanmarket
11.9.1 Scanmarket Company Information
11.9.2 Scanmarket eSourcing System Product Offered
11.9.3 Scanmarket eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Scanmarket Main Business Overview
11.9.5 Scanmarket Latest Developments
11.10 Corcentric
11.10.1 Corcentric Company Information
11.10.2 Corcentric eSourcing System Product Offered
11.10.3 Corcentric eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Corcentric Main Business Overview
11.10.5 Corcentric Latest Developments
11.11 Market Dojo
11.11.1 Market Dojo Company Information
11.11.2 Market Dojo eSourcing System Product Offered
11.11.3 Market Dojo eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Market Dojo Main Business Overview
11.11.5 Market Dojo Latest Developments
11.12 Sourcemap
11.12.1 Sourcemap Company Information
11.12.2 Sourcemap eSourcing System Product Offered
11.12.3 Sourcemap eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Sourcemap Main Business Overview
11.12.5 Sourcemap Latest Developments
11.13 Keelvar Systems
11.13.1 Keelvar Systems Company Information
11.13.2 Keelvar Systems eSourcing System Product Offered
11.13.3 Keelvar Systems eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Keelvar Systems Main Business Overview
11.13.5 Keelvar Systems Latest Developments
11.14 EcoVadis
11.14.1 EcoVadis Company Information
11.14.2 EcoVadis eSourcing System Product Offered
11.14.3 EcoVadis eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 EcoVadis Main Business Overview
11.14.5 EcoVadis Latest Developments
11.15 SpendHQ
11.15.1 SpendHQ Company Information
11.15.2 SpendHQ eSourcing System Product Offered
11.15.3 SpendHQ eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 SpendHQ Main Business Overview
11.15.5 SpendHQ Latest Developments
11.16 Onventis
11.16.1 Onventis Company Information
11.16.2 Onventis eSourcing System Product Offered
11.16.3 Onventis eSourcing System Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Onventis Main Business Overview
11.16.5 Onventis Latest Developments
12 Research Findings and Conclusion

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