Spend Management Platform Market Is Expected To Reach $ 38.1 Billion By 2030
San Francisco, 13 Oct 2023: The Report Spend Management Platform Market Size, Share & Trends Analysis Report By Deployment, By Enterprise, By Application, By Region, And Segment Forecasts, 2022 - 2030 The global spend management platform market size is anticipated to reach USD 38.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.3% from 2022 to 2030. Enterprises using this solution platform have witnessed improved efficiency in their operations while helping in cost saving, supply chain management, procurement efficiency, etc. The COVID-19 pandemic had a negative impact on the spend management platform market and has affected every industry differently. The decreased activity across all industries majorly affected the spend management business. The market is anticipated to benefit from the strategies adopted by the companies. For instance, in November 2020, Coupa Software bought LLamasoft, a leading AI-po