Press release
Global Travel and Expense Management Software Market Become Dominant At CAGR Of 7.66% By 2021
Travel and expense management software is used by enterprises to manage and audit the expenses by their employees that include travel. This software helps maintain the transparency between enterprise and its employees regarding their expenses on business trips. The software is used by enterprises to control and monitor expense reports, which help streamline the business process and prevent fraud and human error. It also increases the transparency among employees and enterprises for entire reimbursement claim process, reduces travel costs, and improves the efficiency of enterprises.
Technavios analysts forecast the global travel and expense management software market to grow at a CAGR of 7.66% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global travel and expense management software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of software license of travel and expense management software.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Travel and Expense Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
American Express Global Business Travel
Apptricity
AvidXchange
Basware
Certify
Chrome River Technologies
Coupa Software
DATABASICS
Expense8
ExpenseAnywhere
Expensify
Expenzing
Infor
InterplX
Oracle
Paychex
SAP
Serko
Skyjunxion
Traveldoo
TraveluXion
Trippeo Technologies
Unit4
Market driver
Pricing strategies of vendors
For a full, detailed list, view our report
Market challenge
High implementation and maintenance costs
For a full, detailed list, view our report
Market trend
Introduction of travel and expense management mobile app
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2016
Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY COMPONENT
Segmentation by component
Travel management software
Expense management software
PART 09: MARKET SEGMENTATION BY DEPLOYMENT TYPE
Segmentation by deployment type
Comparison by deployment type
On-premise Market size and forecast 2016-2021
Cloud-based Market size and forecast 2016-2021
Market opportunity by deployment type
PART 10: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas Market size and forecast 2016-2021
EMEA Market size and forecast 2016-2021
APAC Market size and forecast 2016-2021
Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
Introduction of travel and expense management mobile app
Rise in adoption among mid-sized enterprises
Increasing focus on reducing expenses and operational costs
PART 14: VENDOR LANDSCAPE
Competitive scenario
PART 15: VENDOR ANALYSIS
Vendors covered
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