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Industry Research
Vendor Management System (VMS) Software Industry Research Report 2026
Market perspective
The global Vendor Management System (VMS) Software market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Vendor Management System (VMS) Software market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Vendor Management System (VMS) Software market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Vendor Management System (VMS) Software market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Vendor Management System (VMS) Software include SAP, Paylocity, Vanta, Ncontracts, Precoro, Productiv, Genuity, Onspring and Vendr, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Vendor Management System (VMS) Software market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Vendor Management System (VMS) Software.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Vendor Management System (VMS) Software Market by Company
SAP
Paylocity
Vanta
Ncontracts
Precoro
Productiv
Genuity
Onspring
Vendr
Oracle
Tradeshift
Beeline
Gatekeeper
PRM360
CobbleStone
Kissflow
Prokuria
Zoho
Pixid Group
GEP SMART
Ivalua
Jaggaer
Proactis
SynerTrade
Tipalti
Kodiak Hub
Medius
Coupa
Basware
Zycus
Upwork Enterprise
Workday
Magnit
Vendor Management System (VMS) Software Segment by Type
Cloud Based
On-premises
Vendor Management System (VMS) Software Segment by Application
Retail & E-commerce
Finance & Professional Services
Healthcare & Life Sciences
IT & High-Tech
Manufacturing & Energy
Construction & Engineering
Others
Vendor Management System (VMS) Software Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Vendor Management System (VMS) Software market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Vendor Management System (VMS) Software and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Vendor Management System (VMS) Software.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Vendor Management System (VMS) Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Cloud Based
- On-premises
Applications
- Retail & E-commerce
- Finance & Professional Services
- Healthcare & Life Sciences
- IT & High-Tech
- Manufacturing & Energy
- Construction & Engineering
- Others
Companies covered
- SAP
- Paylocity
- Vanta
- Ncontracts
- Precoro
- Productiv
- Genuity
- Onspring
- Vendr
- Oracle
- Tradeshift
- Beeline
- Gatekeeper
- PRM360
- CobbleStone
- Kissflow
- Prokuria
- Zoho
- Pixid Group
- GEP SMART
- Ivalua
- Jaggaer
- Proactis
- SynerTrade
- Tipalti
- Kodiak Hub
- Medius
- Coupa
- Basware
- Zycus
- Upwork Enterprise
- Workday
- Magnit
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Vendor Management System (VMS) Software by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Cloud Based
- 2.2.3 On-premises
- 2.3 Vendor Management System (VMS) Software by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Retail & E-commerce
- 2.3.3 Finance & Professional Services
- 2.3.4 Healthcare & Life Sciences
- 2.3.5 IT & High-Tech
- 2.3.6 Manufacturing & Energy
- 2.3.7 Construction & Engineering
- 2.3.8 Others
- 2.4 Assumptions and Limitations
3 Vendor Management System (VMS) Software Breakdown Data by Type
- 3.1 Global Vendor Management System (VMS) Software Historic Market Size by Type (2021-2026)
- 3.2 Global Vendor Management System (VMS) Software Forecasted Market Size by Type (2027-2032)
4 Vendor Management System (VMS) Software Breakdown Data by Application
- 4.1 Global Vendor Management System (VMS) Software Historic Market Size by Application (2021-2026)
- 4.2 Global Vendor Management System (VMS) Software Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Vendor Management System (VMS) Software Market Perspective (2021-2032)
- 5.2 Global Vendor Management System (VMS) Software Growth Trends by Region
- 5.2.1 Global Vendor Management System (VMS) Software Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Vendor Management System (VMS) Software Historic Market Size by Region (2021-2026)
- 5.2.3 Vendor Management System (VMS) Software Forecasted Market Size by Region (2027-2032)
- 5.3 Vendor Management System (VMS) Software Market Dynamics
- 5.3.1 Vendor Management System (VMS) Software Industry Trends
- 5.3.2 Vendor Management System (VMS) Software Market Drivers
- 5.3.3 Vendor Management System (VMS) Software Market Challenges
- 5.3.4 Vendor Management System (VMS) Software Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Vendor Management System (VMS) Software Players by Revenue
- 6.1.1 Global Top Vendor Management System (VMS) Software Players by Revenue (2021-2026)
- 6.1.2 Global Vendor Management System (VMS) Software Revenue Market Share by Players (2021-2026)
- 6.2 Global Vendor Management System (VMS) Software Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Vendor Management System (VMS) Software Head Office and Area Served
- 6.4 Global Vendor Management System (VMS) Software Players, Product Type & Application
- 6.5 Global Vendor Management System (VMS) Software Manufacturers Established Date
- 6.6 Global Vendor Management System (VMS) Software Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Vendor Management System (VMS) Software Market Size (2021-2032)
- 7.2 North America Vendor Management System (VMS) Software Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Vendor Management System (VMS) Software Market Size by Country (2021-2026)
- 7.4 North America Vendor Management System (VMS) Software Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Vendor Management System (VMS) Software Market Size (2021-2032)
- 8.2 Europe Vendor Management System (VMS) Software Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Vendor Management System (VMS) Software Market Size by Country (2021-2026)
- 8.4 Europe Vendor Management System (VMS) Software Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Vendor Management System (VMS) Software Market Size (2021-2032)
- 9.2 Asia-Pacific Vendor Management System (VMS) Software Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Vendor Management System (VMS) Software Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Vendor Management System (VMS) Software Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Vendor Management System (VMS) Software Market Size (2021-2032)
- 10.2 South America Vendor Management System (VMS) Software Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Vendor Management System (VMS) Software Market Size by Country (2021-2026)
- 10.4 South America Vendor Management System (VMS) Software Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Vendor Management System (VMS) Software Market Size (2021-2032)
- 11.2 Middle East & Africa Vendor Management System (VMS) Software Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Vendor Management System (VMS) Software Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Vendor Management System (VMS) Software Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 SAP
- 12.1.1 SAP Company Information
- 12.1.2 SAP Business Overview
- 12.1.3 SAP Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.1.4 SAP Vendor Management System (VMS) Software Product Portfolio
- 12.1.5 SAP Recent Developments
- 12.2 Paylocity
- 12.2.1 Paylocity Company Information
- 12.2.2 Paylocity Business Overview
- 12.2.3 Paylocity Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.2.4 Paylocity Vendor Management System (VMS) Software Product Portfolio
- 12.2.5 Paylocity Recent Developments
- 12.3 Vanta
- 12.3.1 Vanta Company Information
- 12.3.2 Vanta Business Overview
- 12.3.3 Vanta Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.3.4 Vanta Vendor Management System (VMS) Software Product Portfolio
- 12.3.5 Vanta Recent Developments
- 12.4 Ncontracts
- 12.4.1 Ncontracts Company Information
- 12.4.2 Ncontracts Business Overview
- 12.4.3 Ncontracts Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.4.4 Ncontracts Vendor Management System (VMS) Software Product Portfolio
- 12.4.5 Ncontracts Recent Developments
- 12.5 Precoro
- 12.5.1 Precoro Company Information
- 12.5.2 Precoro Business Overview
- 12.5.3 Precoro Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.5.4 Precoro Vendor Management System (VMS) Software Product Portfolio
- 12.5.5 Precoro Recent Developments
- 12.6 Productiv
- 12.6.1 Productiv Company Information
- 12.6.2 Productiv Business Overview
- 12.6.3 Productiv Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.6.4 Productiv Vendor Management System (VMS) Software Product Portfolio
- 12.6.5 Productiv Recent Developments
- 12.7 Genuity
- 12.7.1 Genuity Company Information
- 12.7.2 Genuity Business Overview
- 12.7.3 Genuity Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.7.4 Genuity Vendor Management System (VMS) Software Product Portfolio
- 12.7.5 Genuity Recent Developments
- 12.8 Onspring
- 12.8.1 Onspring Company Information
- 12.8.2 Onspring Business Overview
- 12.8.3 Onspring Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.8.4 Onspring Vendor Management System (VMS) Software Product Portfolio
- 12.8.5 Onspring Recent Developments
- 12.9 Vendr
- 12.9.1 Vendr Company Information
- 12.9.2 Vendr Business Overview
- 12.9.3 Vendr Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.9.4 Vendr Vendor Management System (VMS) Software Product Portfolio
- 12.9.5 Vendr Recent Developments
- 12.10 Oracle
- 12.10.1 Oracle Company Information
- 12.10.2 Oracle Business Overview
- 12.10.3 Oracle Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.10.4 Oracle Vendor Management System (VMS) Software Product Portfolio
- 12.10.5 Oracle Recent Developments
- 12.11 Tradeshift
- 12.11.1 Tradeshift Company Information
- 12.11.2 Tradeshift Business Overview
- 12.11.3 Tradeshift Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.11.4 Tradeshift Vendor Management System (VMS) Software Product Portfolio
- 12.11.5 Tradeshift Recent Developments
- 12.12 Beeline
- 12.12.1 Beeline Company Information
- 12.12.2 Beeline Business Overview
- 12.12.3 Beeline Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.12.4 Beeline Vendor Management System (VMS) Software Product Portfolio
- 12.12.5 Beeline Recent Developments
- 12.13 Gatekeeper
- 12.13.1 Gatekeeper Company Information
- 12.13.2 Gatekeeper Business Overview
- 12.13.3 Gatekeeper Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.13.4 Gatekeeper Vendor Management System (VMS) Software Product Portfolio
- 12.13.5 Gatekeeper Recent Developments
- 12.14 PRM360
- 12.14.1 PRM360 Company Information
- 12.14.2 PRM360 Business Overview
- 12.14.3 PRM360 Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.14.4 PRM360 Vendor Management System (VMS) Software Product Portfolio
- 12.14.5 PRM360 Recent Developments
- 12.15 CobbleStone
- 12.15.1 CobbleStone Company Information
- 12.15.2 CobbleStone Business Overview
- 12.15.3 CobbleStone Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.15.4 CobbleStone Vendor Management System (VMS) Software Product Portfolio
- 12.15.5 CobbleStone Recent Developments
- 12.16 Kissflow
- 12.16.1 Kissflow Company Information
- 12.16.2 Kissflow Business Overview
- 12.16.3 Kissflow Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.16.4 Kissflow Vendor Management System (VMS) Software Product Portfolio
- 12.16.5 Kissflow Recent Developments
- 12.17 Prokuria
- 12.17.1 Prokuria Company Information
- 12.17.2 Prokuria Business Overview
- 12.17.3 Prokuria Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.17.4 Prokuria Vendor Management System (VMS) Software Product Portfolio
- 12.17.5 Prokuria Recent Developments
- 12.18 Zoho
- 12.18.1 Zoho Company Information
- 12.18.2 Zoho Business Overview
- 12.18.3 Zoho Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.18.4 Zoho Vendor Management System (VMS) Software Product Portfolio
- 12.18.5 Zoho Recent Developments
- 12.19 Pixid Group
- 12.19.1 Pixid Group Company Information
- 12.19.2 Pixid Group Business Overview
- 12.19.3 Pixid Group Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.19.4 Pixid Group Vendor Management System (VMS) Software Product Portfolio
- 12.19.5 Pixid Group Recent Developments
- 12.20 GEP SMART
- 12.20.1 GEP SMART Company Information
- 12.20.2 GEP SMART Business Overview
- 12.20.3 GEP SMART Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.20.4 GEP SMART Vendor Management System (VMS) Software Product Portfolio
- 12.20.5 GEP SMART Recent Developments
- 12.21 Ivalua
- 12.21.1 Ivalua Company Information
- 12.21.2 Ivalua Business Overview
- 12.21.3 Ivalua Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.21.4 Ivalua Vendor Management System (VMS) Software Product Portfolio
- 12.21.5 Ivalua Recent Developments
- 12.22 Jaggaer
- 12.22.1 Jaggaer Company Information
- 12.22.2 Jaggaer Business Overview
- 12.22.3 Jaggaer Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.22.4 Jaggaer Vendor Management System (VMS) Software Product Portfolio
- 12.22.5 Jaggaer Recent Developments
- 12.23 Proactis
- 12.23.1 Proactis Company Information
- 12.23.2 Proactis Business Overview
- 12.23.3 Proactis Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.23.4 Proactis Vendor Management System (VMS) Software Product Portfolio
- 12.23.5 Proactis Recent Developments
- 12.24 SynerTrade
- 12.24.1 SynerTrade Company Information
- 12.24.2 SynerTrade Business Overview
- 12.24.3 SynerTrade Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.24.4 SynerTrade Vendor Management System (VMS) Software Product Portfolio
- 12.24.5 SynerTrade Recent Developments
- 12.25 Tipalti
- 12.25.1 Tipalti Company Information
- 12.25.2 Tipalti Business Overview
- 12.25.3 Tipalti Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.25.4 Tipalti Vendor Management System (VMS) Software Product Portfolio
- 12.25.5 Tipalti Recent Developments
- 12.26 Kodiak Hub
- 12.26.1 Kodiak Hub Company Information
- 12.26.2 Kodiak Hub Business Overview
- 12.26.3 Kodiak Hub Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.26.4 Kodiak Hub Vendor Management System (VMS) Software Product Portfolio
- 12.26.5 Kodiak Hub Recent Developments
- 12.27 Medius
- 12.27.1 Medius Company Information
- 12.27.2 Medius Business Overview
- 12.27.3 Medius Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.27.4 Medius Vendor Management System (VMS) Software Product Portfolio
- 12.27.5 Medius Recent Developments
- 12.28 Coupa
- 12.28.1 Coupa Company Information
- 12.28.2 Coupa Business Overview
- 12.28.3 Coupa Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.28.4 Coupa Vendor Management System (VMS) Software Product Portfolio
- 12.28.5 Coupa Recent Developments
- 12.29 Basware
- 12.29.1 Basware Company Information
- 12.29.2 Basware Business Overview
- 12.29.3 Basware Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.29.4 Basware Vendor Management System (VMS) Software Product Portfolio
- 12.29.5 Basware Recent Developments
- 12.30 Zycus
- 12.30.1 Zycus Company Information
- 12.30.2 Zycus Business Overview
- 12.30.3 Zycus Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.30.4 Zycus Vendor Management System (VMS) Software Product Portfolio
- 12.30.5 Zycus Recent Developments
- 12.31 Upwork Enterprise
- 12.31.1 Upwork Enterprise Company Information
- 12.31.2 Upwork Enterprise Business Overview
- 12.31.3 Upwork Enterprise Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.31.4 Upwork Enterprise Vendor Management System (VMS) Software Product Portfolio
- 12.31.5 Upwork Enterprise Recent Developments
- 12.32 Workday
- 12.32.1 Workday Company Information
- 12.32.2 Workday Business Overview
- 12.32.3 Workday Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.32.4 Workday Vendor Management System (VMS) Software Product Portfolio
- 12.32.5 Workday Recent Developments
- 12.33 Magnit
- 12.33.1 Magnit Company Information
- 12.33.2 Magnit Business Overview
- 12.33.3 Magnit Revenue in Vendor Management System (VMS) Software Business (2021-2026)
- 12.33.4 Magnit Vendor Management System (VMS) Software Product Portfolio
- 12.33.5 Magnit Recent Developments
13 Report Conclusion
14 Disclaimer
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