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The Procurement Analytics Market size is expected to grow from USD 2.6 billion in 2021 to USD 8.0 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 25.3%. Procurement analytics is the process of using quantitative methods to derive actionable insights and outcomes from data. It typically reports what has happened in the past and creates estimates, using predictive analytics based on historical data to guess what will happen in the future. The market includes standalone solutions, which can be integrated into other solutions and devices for value addition. The cloud deployment mode is estimated to be the largest during the forecast period.