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Procurement Software Market Set to Surge to USD 15.13 Billion by 2030, Driven by Increased Demand for Efficiency and Cost Reduction
Summary:
The Global Procurement Software Market, valued at USD 7.38 billion in 2023, is projected to reach USD 15.13 billion by 2030, with a CAGR of 10.8% over the forecast period. The rise in demand for efficient procurement processes is driving this growth, supported by technological advancements and a focus on reducing operational costs.
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Global Cloud-Based ITSM Market Poised for Explosive Growth at 15% CAGR Through 2029
The global cloud-based ITSM market is anticipated to surge from US$4.97 billion in 2022 to a staggering US$13.25 billion by 2029, reflecting a robust compound annual growth rate (CAGR) of 15.02% throughout the forecast period. This dynamic growth is fueled by a confluence of factors, including:
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