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Worldwide Travel and Expense Management Software Market Shares, 2016: Year of Unified Spend Management

Worldwide Travel and Expense Management Software Market Shares, 2016: Year of Unified Spend Management

This IDC study reviews the competitive market for travel and expense management software in 2016. The travel and expense management software market grew to $1.55 billion, a 13.9% increase over 2015's $1.36 billion. This is the second iteration of the IDC Market Share study covering the travel and expense management software market."Travel and expense management software is a submarket within the broader financial applications market. The rise of SaaS applications has made pure-play T&E applications much more enticing. T&E management is now a primary method for companies to manage their travel and associated spend. Vendors in the T&E market are beginning to examine the SMB market and regions outside the United States to expand their presence, since the United States has the deepest penetration." — Jordan Jewell, research analyst, Digital Commerce and Enterprise Applications

Please Note: Extended description available upon request.


IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
SAP (Concur)
Coupa
Oracle
Chrome River
Expensify
Market Context
Significant Market Developments
Methodology
Market Definition
Related Research

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