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