Business Spend Management (BSM) Software Market Size, Share & Industry Analysis, By Solution (Procure-to-Pay Solutions, Supplier & Risk Management, Travel & Expense Management, Contract & e-Tender Management, Spend Management/Spend Analytics, and Others (Source-To-Contract, Treasury Management)), By Deployment (Cloud and On-premise), By Enterprise Type (SMEs and Large Enterprises), By End-user (BFSI, Travel & Tourism, Hospitality, Healthcare, IT & Telecom, Energy & Utility, Retail & E-Commerce, and Others (Logistics and Education)), and Regional Forecast, 2025-2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Unit

Value (USD billion)

Growth Rate

CAGR of 11.7% from 2025 to 2032

Segmentation

By Solution

• Procure-to-Pay Solutions


• Supplier & Risk Management


• Travel & Expense Management


• Contract & e-Tender Management


• Spend Management/Spend Analytics


• Others (Source-to-Contract, Treasury Management)

By Deployment

• Cloud


• On-premise

By Enterprise Type

• SMEs


• Large Enterprises

By End-user

• BFSI


• Travel & Tourism


• Hospitality


• Healthcare


• IT & Telecom


• Energy & Utility


• Retail & E-commerce


• Others (Logistics, Education)

By Region

• North America (Solution, Deployment, Enterprise Type, End-user, and Country)




• U.S.


• Canada


• Mexico




• Europe (Solution, Deployment, Enterprise Type, End-user, and Country)




• U.K.


• Germany


• Italy


• France


• Russia


• Spain


• Benelux


• Nordics


• Rest of Europe




• Asia Pacific (Solution, Deployment, Enterprise Type, End-user, and Country)




• China


• Japan


• India


• South Korea


• ASEAN


• Oceania


• Rest of Asia Pacific




• Middle East & Africa (Solution, Deployment, Enterprise Type, End-user, and Country)




• Turkey


• GCC


• Israel


• North Africa


• South Africa


• Rest of Middle East & Africa




• South America (Solution, Deployment, Enterprise Type, End-user, and Country)




• Brazil


• Argentina


• Rest of South America