Spend Analytics Market Projected to Grow at CAGR of +17% - Technological Advancements, Global Innovations, Competitive Analysis, Forecast to 2023
Need for predictive analytics for businesses, requirement for better managing internal compliance policies and external contracts, and growing demand for cloud computing technology are other factors fueling the growth of this market. However, difficulty in migrating from legacy systems is the biggest restraint for the spend analytics market.
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