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Travel and Expense Management Software Market Size, Share, and Analysis, By Deployment (Cloud and On-premises), By Enterprise Type (Large Enterprise and Small & Medium Enterprise), By Industry (Healthcare, BFSI, IT & Telecom, Education, Manufacturing, Ret

Publisher Fatpos Global
Published Apr 01, 2024
Length 463 Pages
SKU # FAGL18942635

Description

Travel and Expense Management Software Market Size, Share, and Analysis, By Deployment (Cloud and On-premises), By Enterprise Type (Large Enterprise and Small & Medium Enterprise), By Industry (Healthcare, BFSI, IT & Telecom, Education, Manufacturing, Retail and E-commerce and Others) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034


Travel and Expense Management Software Market Size, Share, and Analysis, By Deployment (Cloud and On-premises), By Enterprise Type (Large Enterprise and Small & Medium Enterprise), By Industry (Healthcare, BFSI, IT & Telecom, Education, Manufacturing, Retail and E-commerce and Others) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Travel and Expense Management Software Market is anticipated to grow at a CAGR of 13.4% in the forecast period (2024-2034), with the market size valued at USD 5.5 billion in 2023 and projected to reach USD 21.9 billion by 2034.

Travel and Expense Management Software refers to technological solutions which are designed in order to make the process associated with business travel and expenses more smooth and efficient. These software facilitates organizations with various tools in order to manage various aspects of travel, such as booking arrangement, tracking expenses which all falls in line with company policies and regulatory requirements. This software generally includes features like travel booking, receipt scanning and providing analytics for better financial results. The Travel and Expense Management Software Market is improving with ongoing technological developments, with increased focus on features such as artificial intelligence and cloud based deployments. Companies that operate in this segment are often competing to offer better user-friendly interfaces, robust functions and better integration capabilities to meet the essential needs of businesses.

MARKET HIGHLIGHTS

Travel and Expense Management Software Market is anticipated to reach USD 21.9 billion, growing at a CAGR of 13.4% during the forecast period owing to the increasing complexities in business travel and heightened use of automated solutions for better expense tracking and reporting. Travel Expense Management software are generally available in both Cloud and On-premise variants, with cloud services dominating the market sphere due to their better flexibility in usage from around any corner of the globe with internet connectivity. This software’s are actively used by large and small & medium size businesses to manage and calculate their necessary expenses regarding organizational travel and provide a better analysis and solutions regarding them. Industries such as Healthcare, BFSI, IT & Telecom, Education, Manufacturing, Retail and E-commerce and Others are the businesses that take help of Travel and Expense Management Software’s for efficient management of their business related travel expenses. As the travel among corporation employees increases, the demand for Travel and Expense Management Software will rise sharply, due to their improved.

Travel and Expense Management Software Market Segments:
  • By Deployment
  • Cloud
  • On-premises
  • By Enterprise Type
  • Large Enterprise
  • Small & Medium Enterprise
  • By Industry
  • Healthcare
  • BFSI
  • IT & Telecom
  • Education
  • Manufacturing
  • Retail and E-commerce
  • Others
MARKET DYNAMICS

Growth Drivers

Increase In Business Travel Post-Pandemic Heightened The Whole Market Demand

Need For Cost Control And Budget Compliance Enhances Market Development

Restraint

Data Security Risks And Privacy Concerns May Hinder Total Market Growth

Key Players
  • SAP Concur
  • Coupa Travel & Expense
  • Certify Expense Management
  • Expensify
  • Rydoo
  • Zoho Expense
  • Chrome River Expense
  • SAP Fieldglass Travel and Expense
  • Oracle Cloud Expense
  • TravelPerk
  • TripActions
  • Deel
  • Divvy
  • Airbase
  • Emburse
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*

Table of Contents

463 Pages
1. Executive Summary
1.1. Regional Market Share
1.2.Business Trends
1.3. Travel and Expense Management Software Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1.Market Definition
3.2.Travel and Expense Management Software Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Deployment Data
4.Travel and Expense Management Software Market –Industry Insights
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.Risk Analysis
9. Market Analysis
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.Travel and Expense Management Software Market
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Travel and Expense Management Software Market Size & Forecast 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Deployment
11.3.1.1. Cloud
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2. On-premises
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Enterprise Type
11.3.2.1.Large Enterprises
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2.Small & Medium Enterprises
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3. By Industry
11.3.3.1.Healthcare
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2.BFSI
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.3.IT & Telecommunication
11.3.3.3.1.By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.4. Education
11.3.3.4.1.By Value (USD Million) 2024-2034F
11.3.3.4.2. Market Share (%) 2024-2034F
11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.5. Manufacturing
11.3.3.5.1.By Value (USD Million) 2024-2034F
11.3.3.5.2. Market Share (%) 2024-2034F
11.3.3.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.6. Retail
11.3.3.6.1.By Value (USD Million) 2024-2034F
11.3.3.6.2. Market Share (%) 2024-2034F
11.3.3.6.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.7. E-commerce
11.3.3.7.1.By Value (USD Million) 2024-2034F
11.3.3.7.2. Market Share (%) 2024-2034F
11.3.3.7.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.8. Others
11.3.3.8.1.By Value (USD Million) 2024-2034F
11.3.3.8.2. Market Share (%) 2024-2034F
11.3.3.8.3. Y-o-Y Growth (%) 2024-2034F
12.North America Travel and Expense Management Software Market Size & Forecast 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Deployment
12.3.2. By Enterprise Type
12.3.3. By Industry
12.4. Country
12.4.1. United States
12.4.2. Canada
13.Europe Travel and Expense Management Software Market Size & Forecast 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Deployment
13.3.2. By Enterprise Type
13.3.3. By Industry
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.Asia-Pacific Travel and Expense Management Software Market Size & Forecast 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Deployment
14.3.2. By Enterprise Type
14.3.3. By Industry
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.Middle East and Africa Travel and Expense Management Software Market Size & Forecast 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Deployment
15.3.2. By Enterprise Type
15.3.3. By Industry
15.4.Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Travel and Expense Management Software Market Size & Forecast 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Deployment
16.3.2. By Enterprise Type
16.3.3. By Industry
16.4.Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1.SAP Concur
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Coupa Travel & Expense
18.3.Certify Expense Management
18.4.Expensify
18.5.Rydoo
18.6.Zoho Expense
18.7.Chrome River Expense
18.8.SAP Fieldglass Travel and Expense
18.9.Oracle Cloud Expense
18.10. TravelPerk
18.11. TripActions
18.12.Deel
18.13.Divvy
18.14. Airbase
18.15.Emburse
18.16.Other Prominent Players
19. Appendix
20.Consultant Recommendation

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