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Travel & Expense Management Software Market Research Report by Deployment, by Function, by User, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

  • ID: 5292912
  • Report
  • January 2022
  • Region: Global
  • 186 Pages
  • 360iResearch™
UP TO OFF
until Dec 31st 2022

FEATURED COMPANIES

  • Basware
  • Coupa Software Inc.
  • Expense8
  • Intuit Inc.
  • Nexonia
  • Paychex, Inc.
The Global Travel & Expense Management Software Market size was estimated at USD 992.66 million in 2020, is expected to reach USD 1,109.44 million in 2021, and is projected to grow at a CAGR of 12.12% to reach USD 2,212.33 million by 2027.



Market Statistics:


The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2027 are considered the forecast period.

Market Segmentation & Coverage:


This research report categorizes the Travel & Expense Management Software to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Deployment, the market was studied across Cloud and On-Premises.
  • Based on Function, the market was studied across Analytics, Approval Workflows, Expense Categories, Expense Reports, and Payment Integration.
  • Based on User, the market was studied across Accountants, Contractors, Employees, and Managers.
  • Based on Region, the market was studied across the Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:


COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Ongoing research by the publisher amplifies their research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:


The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:


The FPNV Positioning Matrix evaluates and categorizes the vendors in the Travel & Expense Management Software Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:


The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:


The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:


The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Travel & Expense Management Software Market, including Basware, Certify, Inc., Chrome River Technologies Inc., Concur Technologies, Inc., Coupa Software Inc., DATABASICS Inc., Emburse, LLC, Expense8, Expensify, Inc., Infor, Intuit Inc., KDS, Microsoft Corporation, Nexonia, Oracle Corporation, Oversight Systems Inc., Paychex, Inc., Rydoo, SalesTrip, Serko, Sodexo, TripActions, VA Tech Ventures Pvt. Ltd., VV Finly Technologies Pvt. Ltd., and Zoho Corporation Pvt. Ltd..

The report provides insights on the following pointers:


1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:


1. What is the market size and forecast of the Global Travel & Expense Management Software Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Travel & Expense Management Software Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Travel & Expense Management Software Market?
4. What is the competitive strategic window for opportunities in the Global Travel & Expense Management Software Market?
5. What are the technology trends and regulatory frameworks in the Global Travel & Expense Management Software Market?
6. What is the market share of the leading vendors in the Global Travel & Expense Management Software Market?
7. What modes and strategic moves are considered suitable for entering the Global Travel & Expense Management Software Market?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Basware
  • Coupa Software Inc.
  • Expense8
  • Intuit Inc.
  • Nexonia
  • Paychex, Inc.
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Introduction
2.2. Define: Research Objective
2.3. Determine: Research Design
2.4. Prepare: Research Instrument
2.5. Collect: Data Source
2.6. Analyze: Data Interpretation
2.7. Formulate: Data Verification
2.8. Publish: Research Report
2.9. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Businesses expanding internationally and rise in number of business travels
5.1.1.2. Increasing penetration of smart devices
5.1.1.3. Demand for definite travel policy and management with aim to reduce burden on finance team
5.1.2. Restraints
5.1.2.1. Insecurity and privacy concern
5.1.3. Opportunities
5.1.3.1. Integration of AI to help automate and optimize the report approvals and payment processes
5.1.3.2. Increasing business spending in automated process and software to optimise the company expenses
5.1.4. Challenges
5.1.4.1. Unclear travel expense policies and poor expense visibility
5.2. Cumulative Impact of COVID-19

6. Travel & Expense Management Software Market, by Deployment
6.1. Introduction
6.2. Cloud
6.3. On-Premises

7. Travel & Expense Management Software Market, by Function
7.1. Introduction
7.2. Analytics
7.3. Approval Workflows
7.4. Expense Categories
7.5. Expense Reports
7.6. Payment Integration

8. Travel & Expense Management Software Market, by User
8.1. Introduction
8.2. Accountants
8.3. Contractors
8.4. Employees
8.5. Managers

9. Americas Travel & Expense Management Software Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Travel & Expense Management Software Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand

11. Europe, Middle East & Africa Travel & Expense Management Software Market
11.1. Introduction
11.2. France
11.3. Germany
11.4. Italy
11.5. Netherlands
11.6. Qatar
11.7. Russia
11.8. Saudi Arabia
11.9. South Africa
11.10. Spain
11.11. United Arab Emirates
11.12. United Kingdom

12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.1.1. Quadrants
12.1.2. Business Strategy
12.1.3. Product Satisfaction
12.2. Market Ranking Analysis
12.3. Market Share Analysis, By Key Player
12.4. Competitive Scenario
12.4.1. Merger & Acquisition
12.4.2. Agreement, Collaboration, & Partnership
12.4.3. New Product Launch & Enhancement
12.4.4. Investment & Funding
12.4.5. Award, Recognition, & Expansion

13. Company Usability Profiles
13.1. Basware
13.2. Certify, Inc.
13.3. Chrome River Technologies Inc.
13.4. Concur Technologies, Inc.
13.5. Coupa Software Inc.
13.6. DATABASICS Inc.
13.7. Emburse, LLC
13.8. Expense8
13.9. Expensify, Inc.
13.10. Infor
13.11. Intuit Inc.
13.12. KDS
13.13. Microsoft Corporation
13.14. Nexonia
13.15. Oracle Corporation
13.16. Oversight Systems Inc.
13.17. Paychex, Inc.
13.18. Rydoo
13.19. SalesTrip
13.20. Serko
13.21. Sodexo
13.22. TripActions
13.23. VA Tech Ventures Pvt. Ltd.
13.24. VV Finly Technologies Pvt. Ltd.
13.25. Zoho Corporation Pvt. Ltd.

14. Appendix
14.1. Discussion Guide
14.2. License & Pricing


List of Figures
Figure 1. Global Travel & Expense Management Software Market: Research Process
Figure 2. Global Travel & Expense Management Software Market: Market Dynamics
Figure 3. Global Travel & Expense Management Software Market Size, by Deployment, 2020 Vs 2027 (%)
Figure 4. Global Travel & Expense Management Software Market Size, by Deployment, 2020 Vs 2027 (USD Million)
Figure 5. Competitive Strategic Window For Global Travel & Expense Management Software Market Size, by Deployment, 2027
Figure 6. Global Travel & Expense Management Software Market Size, by Cloud, 2018-2027 (USD Million)
Figure 7. Global Travel & Expense Management Software Market Size, by Cloud, by Region, 2020 Vs 2027 (USD Million)
Figure 8. Global Travel & Expense Management Software Market Size, by On-Premises, 2018-2027 (USD Million)
Figure 9. Global Travel & Expense Management Software Market Size, by On-Premises, by Region, 2020 Vs 2027 (USD Million)
Figure 10. Global Travel & Expense Management Software Market Size, by Function, 2020 Vs 2027 (%)
Figure 11. Global Travel & Expense Management Software Market Size, by Function, 2020 Vs 2027 (USD Million)
Figure 12. Competitive Strategic Window For Global Travel & Expense Management Software Market Size, by Function, 2027
Figure 13. Global Travel & Expense Management Software Market Size, by Analytics, 2018-2027 (USD Million)
Figure 14. Global Travel & Expense Management Software Market Size, by Analytics, by Region, 2020 Vs 2027 (USD Million)
Figure 15. Global Travel & Expense Management Software Market Size, by Approval Workflows, 2018-2027 (USD Million)
Figure 16. Global Travel & Expense Management Software Market Size, by Approval Workflows, by Region, 2020 Vs 2027 (USD Million)
Figure 17. Global Travel & Expense Management Software Market Size, by Expense Categories, 2018-2027 (USD Million)
Figure 18. Global Travel & Expense Management Software Market Size, by Expense Categories, by Region, 2020 Vs 2027 (USD Million)
Figure 19. Global Travel & Expense Management Software Market Size, by Expense Reports, 2018-2027 (USD Million)
Figure 20. Global Travel & Expense Management Software Market Size, by Expense Reports, by Region, 2020 Vs 2027 (USD Million)
Figure 21. Global Travel & Expense Management Software Market Size, by Payment Integration, 2018-2027 (USD Million)
Figure 22. Global Travel & Expense Management Software Market Size, by Payment Integration, by Region, 2020 Vs 2027 (USD Million)
Figure 23. Global Travel & Expense Management Software Market Size, by User, 2020 Vs 2027 (%)
Figure 24. Global Travel & Expense Management Software Market Size, by User, 2020 Vs 2027 (USD Million)
Figure 25. Competitive Strategic Window For Global Travel & Expense Management Software Market Size, by User, 2027
Figure 26. Global Travel & Expense Management Software Market Size, by Accountants, 2018-2027 (USD Million)
Figure 27. Global Travel & Expense Management Software Market Size, by Accountants, by Region, 2020 Vs 2027 (USD Million)
Figure 28. Global Travel & Expense Management Software Market Size, by Contractors, 2018-2027 (USD Million)
Figure 29. Global Travel & Expense Management Software Market Size, by Contractors, by Region, 2020 Vs 2027 (USD Million)
Figure 30. Global Travel & Expense Management Software Market Size, by Employees, 2018-2027 (USD Million)
Figure 31. Global Travel & Expense Management Software Market Size, by Employees, by Region, 2020 Vs 2027 (USD Million)
Figure 32. Global Travel & Expense Management Software Market Size, by Managers, 2018-2027 (USD Million)
Figure 33. Global Travel & Expense Management Software Market Size, by Managers, by Region, 2020 Vs 2027 (USD Million)
Figure 34. Americas Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 35. Argentina Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 36. Brazil Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 37. Canada Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 38. Mexico Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 39. United States Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 40. Asia-Pacific Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 41. Australia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 42. China Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 43. India Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 44. Indonesia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 45. Japan Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 46. Malaysia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 47. Philippines Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 48. Singapore Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 49. South Korea Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 50. Taiwan Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 51. Thailand Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 52. Europe, Middle East & Africa Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 53. France Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 54. Germany Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 55. Italy Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 56. Netherlands Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 57. Qatar Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 58. Russia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 59. Saudi Arabia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 60. South Africa Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 61. Spain Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 62. United Arab Emirates Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 63. United Kingdom Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Figure 64. Global Travel & Expense Management Software Market: Fpnv Positioning Matrix
Figure 65. Global Travel & Expense Management Software Market: Share, by Key Player, 2020
Figure 66. Competitive Scenario Analysis In Global Travel & Expense Management Software Market, by Type


List of Tables
Table 1. Global Travel & Expense Management Software Market: Market Segmentation & Coverage
Table 2. United States Dollar Exchange Rate, 2016-2020
Table 3. Global Travel & Expense Management Software Market Size, by Deployment, 2018-2027 (USD Million)
Table 4. Global Travel & Expense Management Software Market Size, by Cloud, by Region, 2018-2027 (USD Million)
Table 5. Global Travel & Expense Management Software Market Size, by On-Premises, by Region, 2018-2027 (USD Million)
Table 6. Global Travel & Expense Management Software Market Size, by Function, 2018-2027 (USD Million)
Table 7. Global Travel & Expense Management Software Market Size, by Analytics, by Region, 2018-2027 (USD Million)
Table 8. Global Travel & Expense Management Software Market Size, by Approval Workflows, by Region, 2018-2027 (USD Million)
Table 9. Global Travel & Expense Management Software Market Size, by Expense Categories, by Region, 2018-2027 (USD Million)
Table 10. Global Travel & Expense Management Software Market Size, by Expense Reports, by Region, 2018-2027 (USD Million)
Table 11. Global Travel & Expense Management Software Market Size, by Payment Integration, by Region, 2018-2027 (USD Million)
Table 12. Global Travel & Expense Management Software Market Size, by User, 2018-2027 (USD Million)
Table 13. Global Travel & Expense Management Software Market Size, by Accountants, by Region, 2018-2027 (USD Million)
Table 14. Global Travel & Expense Management Software Market Size, by Contractors, by Region, 2018-2027 (USD Million)
Table 15. Global Travel & Expense Management Software Market Size, by Employees, by Region, 2018-2027 (USD Million)
Table 16. Global Travel & Expense Management Software Market Size, by Managers, by Region, 2018-2027 (USD Million)
Table 17. Americas Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 18. Argentina Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 19. Brazil Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 20. Canada Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 21. Mexico Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 22. United States Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 23. Asia-Pacific Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 24. Australia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 25. China Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 26. India Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 27. Indonesia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 28. Japan Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 29. Malaysia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 30. Philippines Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 31. Singapore Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 32. South Korea Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 33. Taiwan Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 34. Thailand Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 35. Europe, Middle East & Africa Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 36. France Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 37. Germany Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 38. Italy Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 39. Netherlands Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 40. Qatar Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 41. Russia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 42. Saudi Arabia Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 43. South Africa Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 44. Spain Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 45. United Arab Emirates Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 46. United Kingdom Travel & Expense Management Software Market Size, 2018-2027 (USD Million)
Table 47. Global Travel & Expense Management Software Market: Scores
Table 48. Global Travel & Expense Management Software Market: Business Strategy
Table 49. Global Travel & Expense Management Software Market: Product Satisfaction
Table 50. Global Travel & Expense Management Software Market: Ranking
Table 51. Global Travel & Expense Management Software Market: Share, by Key Player, 2020
Table 52. Global Travel & Expense Management Software Market: Merger & Acquisition
Table 53. Global Travel & Expense Management Software Market: Agreement, Collaboration, & Partnership
Table 54. Global Travel & Expense Management Software Market: New Product Launch & Enhancement
Table 55. Global Travel & Expense Management Software Market: Investment & Funding
Table 56. Global Travel & Expense Management Software Market: Award, Recognition, & Expansion
Table 57. Global Travel & Expense Management Software Market: License & Pricing
Note: Product cover images may vary from those shown
  • Basware
  • Certify, Inc.
  • Chrome River Technologies Inc.
  • Concur Technologies, Inc.
  • Coupa Software Inc.
  • DATABASICS Inc.
  • Emburse, LLC
  • Expense8
  • Expensify, Inc.
  • Infor
  • Intuit Inc.
  • KDS
  • Microsoft Corporation
  • Nexonia
  • Oracle Corporation
  • Oversight Systems Inc.
  • Paychex, Inc.
  • Rydoo
  • SalesTrip
  • Serko
  • Sodexo
  • TripActions
  • VA Tech Ventures Pvt. Ltd.
  • VV Finly Technologies Pvt. Ltd.
  • Zoho Corporation Pvt. Ltd.
Note: Product cover images may vary from those shown

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