Global Travel and Expense Management Software Market 2022-2026

Global Travel And Expense Management Software Market 2022-2026

Technavio has been monitoring the travel and expense management software market and it is poised to grow by $ 2.90 bn during 2022-2026, accelerating at a CAGR of 10.79% during the forecast period. Our report on the travel and expense management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increasingly mobile workforce, a growing integration of travel and expense management software with a mobile app, and a growing need to reduce the time for processing reimbursements.

The travel and expense management software market analysis includes the deployment segment and geographic landscape.

Technavio's travel and expense management software market is segmented as below:

By Deployment

  • On-premises
  • SaaS-based
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • The Middle East and Africa
This study identifies the use of artificial intelligence (AI) with travel and expense management software as one of the prime reasons driving the travel and expense management software market growth during the next few years. Also, the growing advancement in travel and expense management software and the rise in adoption of travel and expense management software among SMEs will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the travel and expense management software market covers the following areas:
  • Travel and expense management software market sizing
  • Travel and expense management software market forecast
  • Travel and expense management software market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading travel and expense management software market vendors that include Apptricity, AvidXchange Inc., Basware Corp., Coupa Software Inc., DATABASICS Inc., Emburse Inc., Expense8, Expensify Inc., Finally Technology Pvt. Ltd., Fyle Technologies Pvt. Ltd., General Data Pvt. Ltd., Infor Inc., International Business Machines Corp., JSM Technologies Pvt. Ltd., Oracle Corp., Paychex Inc., SAP SE, VA Tech Ventures Pvt Ltd., and Zoho Corp. Pvt. Ltd. Also, the travel and expense management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Deployment
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
      • Table Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Table Data Table on Global Market: Year-over-year growth 2021-2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2021 and 2026
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2021 and 2026
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2021 and 2026
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2021 and 2026
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2021 and 2026
    • Market condition
      • Table Chart on Market condition - Five forces 2021 and 2026
  • Market Segmentation by Deployment
    • Market segments
      • Table Chart on Deployment - Market share 2021-2026 (%)
      • Table Data Table on Deployment - Market share 2021-2026 (%)
    • Comparison by Deployment
      • Table Chart on Comparison by Deployment
      • Table Data Table on Comparison by Deployment
    • On-premises - Market size and forecast 2021-2026
      • Table Chart on On-premises - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on On-premises - Market size and forecast 2021-2026 ($ million)
      • Table Chart on On-premises - Year-over-year growth 2021-2026 (%)
      • Table Data Table on On-premises - Year-over-year growth 2021-2026 (%)
    • SaaS-based - Market size and forecast 2021-2026
      • Table Chart on SaaS-based - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on SaaS-based - Market size and forecast 2021-2026 ($ million)
      • Table Chart on SaaS-based - Year-over-year growth 2021-2026 (%)
      • Table Data Table on SaaS-based - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Deployment
      • Table Market opportunity by Deployment ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2021-2026 (%)
      • Table Data Table on Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2021-2026
      • Table Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Table Chart on North America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on North America - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • APAC - Market size and forecast 2021-2026
      • Table Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Table Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Table Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Table Chart on South America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on South America - Year-over-year growth 2021-2026 (%)
    • Middle East and Africa - Market size and forecast 2021- 2026
      • Table Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • US - Market size and forecast 2021-2026
      • Table Chart on US - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Table Chart on US - Year-over-year growth 2021-2026 (%)
      • Table Data Table on US - Year-over-year growth 2021-2026 (%)
    • China - Market size and forecast 2021-2026
      • Table Chart on China - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Table Chart on China - Year-over-year growth 2021-2026 (%)
      • Table Data Table on China - Year-over-year growth 2021-2026 (%)
    • UK - Market size and forecast 2021-2026
      • Table Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Table Chart on UK - Year-over-year growth 2021-2026 (%)
      • Table Data Table on UK - Year-over-year growth 2021-2026 (%)
    • Germany - Market size and forecast 2021-2026
      • Table Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • India - Market size and forecast 2021-2026
      • Table Chart on India - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Table Chart on India - Year-over-year growth 2021-2026 (%)
      • Table Data Table on India - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing mobile workforce
      • Growing integration of travel and expense management software with mobile app
      • Growing need to reduce the time for processing reimbursements
    • Market challenges
      • Growing threat from open-source travel and expense management solutions
      • Growing threat to data security
      • Threat from manual expense report filing and poor Internet infrastructure
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2021 and 2026
    • Market trends
      • Use of artificial intelligence (AI) with travel and expense management software
      • Growing advancement in travel and expense management software
      • Rise in adoption of travel and expense management software among SMEs
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Apptricity
      • Table Apptricity - Overview
      • Table Apptricity - Product / Service
      • Table Apptricity - Key news
      • Table Apptricity - Key offerings
    • Basware Corp.
      • Table Basware Corp. - Overview
      • Table Basware Corp. - Product / Service
      • Table Basware Corp. - Key news
      • Table Basware Corp. - Key offerings
    • DATABASICS Inc.
      • Table DATABASICS Inc. - Overview
      • Table DATABASICS Inc. - Product / Service
      • Table DATABASICS Inc. - Key news
      • Table DATABASICS Inc. - Key offerings
    • Emburse Inc.
      • Table Emburse Inc. - Overview
      • Table Emburse Inc. - Product / Service
      • Table Emburse Inc. - Key offerings
    • Expensify Inc.
      • Table Expensify Inc. - Overview
      • Table Expensify Inc. - Product / Service
      • Table Expensify Inc. - Key offerings
    • Infor Inc.
      • Table Infor Inc. - Overview
      • Table Infor Inc. - Product / Service
      • Table Infor Inc. - Key news
      • Table Infor Inc. - Key offerings
    • International Business Machines Corp.
      • Table International Business Machines Corp. - Overview
      • Table International Business Machines Corp. - Business segments
      • Table International Business Machines Corp. - Key offerings
      • Table International Business Machines Corp. - Segment focus
    • Oracle Corp.
      • Table Oracle Corp. - Overview
      • Table Oracle Corp. - Business segments
      • Table Oracle Corp. - Key news
      • Table Oracle Corp. - Key offerings
      • Table Oracle Corp. - Segment focus
    • SAP SE
      • Table SAP SE - Overview
      • Table SAP SE - Business segments
      • Table SAP SE - Key news
      • Table SAP SE - Key offerings
      • Table SAP SE - Segment focus
    • Zoho Corp. Pvt. Ltd.
      • Table Zoho Corp. Pvt. Ltd. - Overview
      • Table Zoho Corp. Pvt. Ltd. - Product / Service
      • Table Zoho Corp. Pvt. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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