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LAMEA Procure To Pay Solution Market Size, Share & Industry Analysis Report By Component (Software and Services), By Deployment (Cloud and On-Premises), By Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), By End Use (Manufacturing, BFSI, Retail, Healthcare, IT & Telecom, and Other End Use), By Country and Growth Forecast, 2025 - 2032

Published Date : 25-Aug-2025

Pages: 158

Report Format: PDF + Excel

The Latin America, Middle East and Africa Procure To Pay Solution Market would witness market growth of 7.5% CAGR during the forecast period (2025-2032).

The Brazil market dominated the LAMEA Procure To Pay Solution Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 232 million by 2032. The Argentina market is showcasing a CAGR of 9% during (2025 - 2032). Additionally, The UAE market would register a CAGR of 6.5% during (2025 - 2032). The Brazil and UAE led the LAMEA Procure To Pay Solution Market by Country with a market share of 20.8% and 16.1% in 2024.

LAMEA Procure To Pay Solution Market Size, 2021 - 2032

The LAMEA region's Procure-to-Pay (P2P) solution market has changed quickly from a bunch of separate manual procurement systems to advanced digital platforms. This is because businesses need efficiency, transparency, and compliance. Governments in Brazil and the UAE have started electronic procurement programs to cut down on corruption and make people more responsible. At the same time, economic growth has led to more investments in technology. Cloud computing is becoming more popular because it is scalable and saves money. AI and machine learning are making automation, predictive analytics, and fraud detection better. Companies are also using end-to-end automation to make the procurement process faster, work better with suppliers, and help reach sustainability goals. This change shows that more and more people see procurement as a way to control costs and improve performance.

The competition in LAMEA is always changing. Global companies like SAP and Oracle compete with local companies that make solutions that fit local rules and industry needs. Some important trends are the growth of cloud-based P2P platforms for more flexibility, AI- and ML-driven analytics for smarter buying, and better tools for working with suppliers to make supply chains stronger. To meet the region's wide range of digital maturity levels, vendors are putting a lot of money into research and development, strategic partnerships, and training customers. Software solutions make up the biggest part of revenue, especially cloud-based platforms. Services like consulting and managed solutions are still important, but they are smaller in scale. As demand for automation and compliance grows, competition is getting tougher. Vendors are having to stand out by coming up with new ideas, offering localized services, and providing great customer support.

Component Outlook

Based on Component, the market is segmented into Software and Services. With a compound annual growth rate (CAGR) of 8% over the projection period, the Software Market, dominate the Saudi Arabia Procure To Pay Solution Market by Component in 2024 and would be a prominent market until 2032. The Services market is expected to witness a CAGR of 7.6% during (2025 - 2032).

Country Procure To Pay Solution Market Size by Segmentation

End Use Outlook

Based on End Use, the market is segmented into Manufacturing, BFSI, Retail, Healthcare, IT & Telecom, and Other End Use. Among various Brazil Procure To Pay Solution Market by End Use; The Manufacturing market achieved a market size of USD 39.9 Million in 2024 and is expected to grow at a CAGR of 4.7 % during the forecast period. The IT & Telecom market is predicted to experience a CAGR of 6.3% throughout the forecast period from (2025 - 2032).

Free Valuable Insights: The Worldwide Procure To Pay Solution Market is Projected to reach USD 12.42 Billion by 2032, at a CAGR of 6.5%

Country Outlook

Brazil is a major market for procure-to-pay (P2P) solutions in the LAMEA region because its economy is so varied and it needs fast, digital procurement processes. Adoption is heavily influenced by the need for better financial governance and compliance with local tax laws like SPED. Cloud-based platforms and mobile procurement apps are becoming more popular because they are flexible and can grow with your business. At the same time, AI and analytics are being used more and more to improve spend management and supplier risk. Competition comes from both international vendors working with local companies and domestic providers using their knowledge of regulations. Working with banks also makes payment integration and operational efficiency better.

List of Key Companies Profiled

  • SAP SE
  • Oracle Corporation
  • IBM Corporation
  • Ivalua Inc.
  • Coupa Software, Inc.
  • GEP Software
  • Zycus, Inc.
  • Procurify Technologies, Inc.
  • Corcentric Inc.
  • Informatica Inc.

LAMEA Procure To Pay Solution Market Report Segmentation

By Component

  • Software
  • Services

By Deployment

  • Cloud
  • On-Premises

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

By End Use

  • Manufacturing
  • BFSI
  • Retail
  • Healthcare
  • IT & Telecom
  • Other End Use

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Procure To Pay Solution Market, by Component
1.4.2 LAMEA Procure To Pay Solution Market, by Deployment
1.4.3 LAMEA Procure To Pay Solution Market, by Enterprise Size
1.4.4 LAMEA Procure To Pay Solution Market, by End Use
1.4.5 LAMEA Procure To Pay Solution Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.1.2 Market Drivers
3.1.3 Market Restraints
3.1.4 Market Opportunities
3.1.5 Market Challenges
3.2 Porter Five Forces Analysis

Chapter 4. Market Trends – LAMEA Procure To Pay Solution Market
Chapter 5. State of Competition – LAMEA Procure To Pay Solution Market
Chapter 6. Product Life Cycle (PLC) – Procure To Pay Solution Market
Chapter 7. Market Consolidation – Procure To Pay Solution Market
Chapter 8. Value Chain Analysis of Procure To Pay Solution Market
Chapter 9. Key Customer Criteria – Procure To Pay Solution Market
Chapter 10. LAMEA Procure To Pay Solution Market by Component

10.1 LAMEA Software Market by Country
10.2 LAMEA Services Market by Country

Chapter 11. LAMEA Procure To Pay Solution Market by Deployment
11.1 LAMEA Cloud Market by Country
11.2 LAMEA On-Premises Market by Country

Chapter 12. LAMEA Procure To Pay Solution Market by Enterprise Size
12.1 LAMEA Large Enterprises Market by Country
12.2 LAMEA Small & Medium Enterprises (SMEs) Market by Country

Chapter 13. LAMEA Procure To Pay Solution Market by End Use
13.1 LAMEA Manufacturing Market by Country
13.2 LAMEA BFSI Market by Country
13.3 LAMEA Retail Market by Country
13.4 LAMEA Healthcare Market by Country
13.5 LAMEA IT & Telecom Market by Country
13.6 LAMEA Other End Use Market by Country

Chapter 14. LAMEA Procure To Pay Solution Market by Country
14.1 Brazil Procure To Pay Solution Market
14.1.1 Brazil Procure To Pay Solution Market by Component
14.1.2 Brazil Procure To Pay Solution Market by Deployment
14.1.3 Brazil Procure To Pay Solution Market by Enterprise Size
14.1.4 Brazil Procure To Pay Solution Market by End Use
14.2 Argentina Procure To Pay Solution Market
14.2.1 Argentina Procure To Pay Solution Market by Component
14.2.2 Argentina Procure To Pay Solution Market by Deployment
14.2.3 Argentina Procure To Pay Solution Market by Enterprise Size
14.2.4 Argentina Procure To Pay Solution Market by End Use
14.3 UAE Procure To Pay Solution Market
14.3.1 UAE Procure To Pay Solution Market by Component
14.3.2 UAE Procure To Pay Solution Market by Deployment
14.3.3 UAE Procure To Pay Solution Market by Enterprise Size
14.3.4 UAE Procure To Pay Solution Market by End Use
14.4 Saudi Arabia Procure To Pay Solution Market
14.4.1 Saudi Arabia Procure To Pay Solution Market by Component
14.4.2 Saudi Arabia Procure To Pay Solution Market by Deployment
14.4.3 Saudi Arabia Procure To Pay Solution Market by Enterprise Size
14.4.4 Saudi Arabia Procure To Pay Solution Market by End Use
14.5 South Africa Procure To Pay Solution Market
14.5.1 South Africa Procure To Pay Solution Market by Component
14.5.2 South Africa Procure To Pay Solution Market by Deployment
14.5.3 South Africa Procure To Pay Solution Market by Enterprise Size
14.5.4 South Africa Procure To Pay Solution Market by End Use
14.6 Nigeria Procure To Pay Solution Market
14.6.1 Nigeria Procure To Pay Solution Market by Component
14.6.2 Nigeria Procure To Pay Solution Market by Deployment
14.6.3 Nigeria Procure To Pay Solution Market by Enterprise Size
14.6.4 Nigeria Procure To Pay Solution Market by End Use
14.7 Rest of LAMEA Procure To Pay Solution Market
14.7.1 Rest of LAMEA Procure To Pay Solution Market by Component
14.7.2 Rest of LAMEA Procure To Pay Solution Market by Deployment
14.7.3 Rest of LAMEA Procure To Pay Solution Market by Enterprise Size
14.7.4 Rest of LAMEA Procure To Pay Solution Market by End Use

Chapter 15. Company Profiles
15.1 SAP SE
15.1.1 Company Overview
15.1.2 Financial Analysis
15.1.3 Regional Analysis
15.1.4 Research & Development Expense
15.1.5 SWOT Analysis
15.2 Oracle Corporation
15.2.1 Company Overview
15.2.2 Financial Analysis
15.2.3 Segmental and Regional Analysis
15.2.4 Research & Development Expense
15.2.5 SWOT Analysis
15.3 IBM Corporation
15.3.1 Company Overview
15.3.2 Financial Analysis
15.3.3 Regional & Segmental Analysis
15.3.4 Research & Development Expenses
15.3.5 SWOT Analysis
15.4 Ivalua Inc.
15.4.1 Company Overview
15.5 Coupa Software, Inc.
15.5.1 Company Overview
15.6 Zycus, Inc.
15.6.1 Company Overview
15.7 Procurify Technologies Inc.
15.7.1 Company Overview
15.8 GEP Software
15.8.1 Company Overview
15.9 Informatica Inc.
15.9.1 Company Overview
15.9.2 Financial Analysis
15.9.3 Regional Analysis
15.9.4 Research & Development Expenses
15.9.5 SWOT Analysis
15.10. Corcentric Inc.
15.10.1 Company Overview
TABLE 1 LAMEA Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 2 LAMEA Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 3 Key Customer Criteria – Procure To Pay Solution Market
TABLE 4 LAMEA Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 5 LAMEA Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 6 LAMEA Software Market by Country, 2021 - 2024, USD Million
TABLE 7 LAMEA Software Market by Country, 2025 - 2032, USD Million
TABLE 8 LAMEA Services Market by Country, 2021 - 2024, USD Million
TABLE 9 LAMEA Services Market by Country, 2025 - 2032, USD Million
TABLE 10 LAMEA Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 11 LAMEA Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 12 LAMEA Cloud Market by Country, 2021 - 2024, USD Million
TABLE 13 LAMEA Cloud Market by Country, 2025 - 2032, USD Million
TABLE 14 LAMEA On-Premises Market by Country, 2021 - 2024, USD Million
TABLE 15 LAMEA On-Premises Market by Country, 2025 - 2032, USD Million
TABLE 16 LAMEA Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 17 LAMEA Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 18 LAMEA Large Enterprises Market by Country, 2021 - 2024, USD Million
TABLE 19 LAMEA Large Enterprises Market by Country, 2025 - 2032, USD Million
TABLE 20 LAMEA Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2024, USD Million
TABLE 21 LAMEA Small & Medium Enterprises (SMEs) Market by Country, 2025 - 2032, USD Million
TABLE 22 LAMEA Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 23 LAMEA Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 24 LAMEA Manufacturing Market by Country, 2021 - 2024, USD Million
TABLE 25 LAMEA Manufacturing Market by Country, 2025 - 2032, USD Million
TABLE 26 LAMEA BFSI Market by Country, 2021 - 2024, USD Million
TABLE 27 LAMEA BFSI Market by Country, 2025 - 2032, USD Million
TABLE 28 LAMEA Retail Market by Country, 2021 - 2024, USD Million
TABLE 29 LAMEA Retail Market by Country, 2025 - 2032, USD Million
TABLE 30 LAMEA Healthcare Market by Country, 2021 - 2024, USD Million
TABLE 31 LAMEA Healthcare Market by Country, 2025 - 2032, USD Million
TABLE 32 LAMEA IT & Telecom Market by Country, 2021 - 2024, USD Million
TABLE 33 LAMEA IT & Telecom Market by Country, 2025 - 2032, USD Million
TABLE 34 LAMEA Other End Use Market by Country, 2021 - 2024, USD Million
TABLE 35 LAMEA Other End Use Market by Country, 2025 - 2032, USD Million
TABLE 36 LAMEA Procure To Pay Solution Market by Country, 2021 - 2024, USD Million
TABLE 37 LAMEA Procure To Pay Solution Market by Country, 2025 - 2032, USD Million
TABLE 38 Brazil Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 39 Brazil Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 40 Brazil Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 41 Brazil Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 42 Brazil Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 43 Brazil Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 44 Brazil Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 45 Brazil Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 46 Brazil Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 47 Brazil Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 48 Argentina Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 49 Argentina Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 50 Argentina Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 51 Argentina Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 52 Argentina Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 53 Argentina Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 54 Argentina Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 55 Argentina Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 56 Argentina Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 57 Argentina Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 58 UAE Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 59 UAE Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 60 UAE Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 61 UAE Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 62 UAE Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 63 UAE Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 64 UAE Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 65 UAE Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 66 UAE Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 67 UAE Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 68 Saudi Arabia Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 69 Saudi Arabia Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 70 Saudi Arabia Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 71 Saudi Arabia Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 72 Saudi Arabia Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 73 Saudi Arabia Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 74 Saudi Arabia Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 75 Saudi Arabia Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 76 Saudi Arabia Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 77 Saudi Arabia Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 78 South Africa Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 79 South Africa Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 80 South Africa Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 81 South Africa Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 82 South Africa Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 83 South Africa Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 84 South Africa Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 85 South Africa Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 86 South Africa Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 87 South Africa Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 88 Nigeria Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 89 Nigeria Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 90 Nigeria Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 91 Nigeria Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 92 Nigeria Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 93 Nigeria Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 94 Nigeria Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 95 Nigeria Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 96 Nigeria Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 97 Nigeria Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 98 Rest of LAMEA Procure To Pay Solution Market, 2021 - 2024, USD Million
TABLE 99 Rest of LAMEA Procure To Pay Solution Market, 2025 - 2032, USD Million
TABLE 100 Rest of LAMEA Procure To Pay Solution Market by Component, 2021 - 2024, USD Million
TABLE 101 Rest of LAMEA Procure To Pay Solution Market by Component, 2025 - 2032, USD Million
TABLE 102 Rest of LAMEA Procure To Pay Solution Market by Deployment, 2021 - 2024, USD Million
TABLE 103 Rest of LAMEA Procure To Pay Solution Market by Deployment, 2025 - 2032, USD Million
TABLE 104 Rest of LAMEA Procure To Pay Solution Market by Enterprise Size, 2021 - 2024, USD Million
TABLE 105 Rest of LAMEA Procure To Pay Solution Market by Enterprise Size, 2025 - 2032, USD Million
TABLE 106 Rest of LAMEA Procure To Pay Solution Market by End Use, 2021 - 2024, USD Million
TABLE 107 Rest of LAMEA Procure To Pay Solution Market by End Use, 2025 - 2032, USD Million
TABLE 108 Key Information – SAP SE
TABLE 109 Key Information – Oracle Corporation
TABLE 110 Key Information – IBM Corporation
TABLE 111 Key Information – Ivalua Inc.
TABLE 112 Key information – Coupa Software, Inc.
TABLE 113 Key Information – Zycus, Inc.
TABLE 114 Key Information – Procurify Technologies, Inc.
TABLE 115 Key Information – GEP Software
TABLE 116 Key Information – Informetica Inc.
TABLE 117 Key Information – Corcentric Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Procure To Pay Solution Market, 2021 - 2032, USD Million
FIG 3 Porter’s Five Forces Analysis – Procure To Pay Solution Market
FIG 4 Value Chain Analysis of Procure To Pay Solution Market
FIG 5 Key Customer Criteria – Procure To Pay Solution Market
FIG 6 LAMEA Procure To Pay Solution Market share by Component, 2024
FIG 7 LAMEA Procure To Pay Solution Market share by Component, 2032
FIG 8 LAMEA Procure To Pay Solution Market by Component, 2021 - 2032, USD Million
FIG 9 LAMEA Procure To Pay Solution Market share by Deployment, 2024
FIG 10 LAMEA Procure To Pay Solution Market share by Deployment, 2032
FIG 11 LAMEA Procure To Pay Solution Market by Deployment, 2021 - 2032, USD Million
FIG 12 LAMEA Procure To Pay Solution Market share by Enterprise Size, 2024
FIG 13 LAMEA Procure To Pay Solution Market share by Enterprise Size, 2032
FIG 14 LAMEA Procure To Pay Solution Market by Enterprise Size, 2021 - 2032, USD Million
FIG 15 LAMEA Procure To Pay Solution Market share by End Use, 2024
FIG 16 LAMEA Procure To Pay Solution Market share by End Use, 2032
FIG 17 LAMEA Procure To Pay Solution Market by End Use, 2021 - 2032, USD Million
FIG 18 LAMEA Procure To Pay Solution Market share by Country, 2024
FIG 19 LAMEA Procure To Pay Solution Market share by Country, 2032
FIG 20 LAMEA Procure To Pay Solution Market by Country, 2021 - 2032, USD Million
FIG 21 SWOT Analysis: SAP SE
FIG 22 SWOT Analysis: Oracle Corporation
FIG 23 SWOT Analysis: IBM Corporation
FIG 24 SWOT analysis: Informatica Inc.

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