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LAMEA Spend Management Platform Market Size, Share & Industry Trends Analysis Report By Deployment, By Enterprise, By Application, By Country and Growth Forecast, 2022 - 2028

LAMEA Spend Management Platform Market Size, Share & Industry Trends Analysis Report By Deployment, By Enterprise, By Application, By Country and Growth Forecast, 2022 - 2028
  • Publish Date:November 2022

  • Number of Pages:81

  • Report ID:6374253

  • Format:PDF

  • Publisher:KBV Research

$ 1500


The Latin America, Middle East and Africa Spend Management Platform Market would witness market growth of 16.3% CAGR during the forecast period (2022-2028).

A growing number of supermarkets are taking part in international purchasing agreements. Moreover, organizations such as Amazon and Lidl work on the same system within their businesses. The partnership’s primary goal, with more than five members, has historically aimed to bargain discounts based on their massive integrated volumes of various producers’ products.

Additionally, small partnerships of two to four retailers, for example, Envergure and EURELEC, have begun the bargain the prices of every single product. A central team should be authorized to collect and analyze trade spending data to generate views on various channels and markets. In addition, the team will help to standardize trade-spend definitions, structure, and procedure.

The trade team will also be charged for distributing funds to various channels and markets based on their strategic goals. Moreover, it will also provide parameters that include the highest prices for the local groups while bargaining with local consumers. The local groups will negotiate with local sellers, whereas the central team will get enhanced responsibilities for handling international consumers and purchasing units.

UAE, considered a significant point for international trade & business in the region, is facing competition. The different governments take numerous initiatives in the LAMEA region to provide a competitive knowledge economy and a globally open and effective integrated business environment to minimize reliance on oil revenue and the expansion of the private sector. The UAE government is taking various steps to encourage the knowledge economy’s growth.

The Brazil market dominated the LAMEA Spend Management Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $648.6 million by 2028. The Argentina market is experiencing a CAGR of 16.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 16% during (2022 - 2028).

Based on Deployment, the market is segmented into Cloud and On-premise. Based on Enterprise, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Manufacturing, Consumer Goods, Retail, Healthcare & Pharmaceutical and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coupa Software Inc., SAP SE, The Sage Group PLC, SutiSoft, Inc., NB Ventures, Inc. (Global eProcure), Proactis Holdings Limited (Café Bidco Limited), VA Tech Ventures Pvt Ltd (Happay)(Cred), Sievo Oy, Expensify, Inc., and Procurify Technologies, Inc.

Scope of the Study

Market Segments covered in the Report:

By Deployment

• Cloud

• On-premise

By Enterprise

• Large Enterprises

• Small & Medium Enterprises

By Application

• Manufacturing

• Consumer Goods

• Retail

• Healthcare & Pharmaceutical

• Others

By Country

• Brazil

• Argentina


• Saudi Arabia

• South Africa

• Nigeria

• Rest of LAMEA

Companies Profiled

• Coupa Software Inc.


• The Sage Group PLC

• SutiSoft, Inc.

• NB Ventures, Inc. (Global eProcure)

• Proactis Holdings Limited (Café Bidco Limited)

• VA Tech Ventures Pvt Ltd (Happay)(Cred)

• Sievo Oy

• Expensify, Inc.

• Procurify Technologies, Inc.

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free

Table of contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Spend Management Platform Market, by Deployment
1.4.2 LAMEA Spend Management Platform Market,...


Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.