B
Evidence Grade B
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accuracy verified by the review judge
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Recent
65%
65% -- market share for cloud-based deployment mode (procurement software) (2025)
Cloud-based deployment mode is projected to capture approximately 65.0% of the total procurement software market share in 2025.
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Lighthouse Research Team
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Evidence graded
Value
65%
Unit
Percentage
Data Vintage
2025
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Dimension Market Research
Primary
Tier B
https://dimensionmarketresearch.com/report/procurement-software-market/ ↗
Source Article
Procurement Software Market to reach USD 28.7 bn by 2034
Market Overview
The Global Procurement Software Market is estimated to be valued at USD 9.7 billion in 2025 and is further anticipated to reach USD 28.7 billion by 2034 at a CAGR of 12.8%.
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Procurement software is a digital sol…
Original Research
Dimension Market Research
· Original study ↗
Methodology
Deployment-type segment analysis
Methodology documented
Segmentation
Industrymarketing
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cloud-based deployment mode (procurement software): 65% market share. Source: Dimension Market Research (2025). Via Lighthouse Intelligence -- https://lighthousedata.io/data/cloud-deployment-share-procurement-software-2025
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<blockquote cite="https://lighthousedata.io/data/cloud-deployment-share-procurement-software-2025" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>65%</strong> -- market share for cloud-based deployment mode (procurement software)<br><small>Source: Dimension Market Research (2025) · <a href="https://lighthousedata.io/data/cloud-deployment-share-procurement-software-2025" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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