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Global Travel and Expense Management Software Market- Featuring Apptricity Corp., Basware Corp., and DATABASICS Inc. Among Others

LONDON–(BUSINESS WIRE)–The travel and expense management software market is poised to grow by USD 2.85 billion during 2020-2024 progressing at a CAGR of over 12% during the forecast period.

The report on the travel and expense management software market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing mobile workforce.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

The travel and expense management software market analysis includes the deployment segment and geographic landscapes. This study identifies the requirement to reduce employee travel and expense reimbursement frauds as one of the prime reasons driving the market growth during the next few years.

This report 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.

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

Companies Mentioned

  • Apptricity Corp.
  • Basware Corp.
  • DATABASICS Inc.
  • Emburse
  • Expensify Inc.
  • IBM Corp.
  • Infor Inc.
  • Oracle Corp.
  • SAP SE (Concur)
  • Zoho Corporation Pvt Ltd.

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Deployment

  • Market segments
  • Comparison by Deployment placement
  • On-premises – Market size and forecast 2019-2024
  • SaaS-based – Market size and forecast 2019-2024
  • Market opportunity by Deployment

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption
  • Vendor Analysis

Vendors covered

  • Market positioning of vendors
  • Apptricity Corp.
  • Basware Corp.
  • DATABASICS Inc.
  • Emburse
  • Expensify Inc.
  • IBM Corp.
  • Infor Inc.
  • Oracle Corp.
  • SAP SE (Concur)
  • Zoho Corporation Pvt Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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