Tokyo, Japan -- (SBWire) -- 02/28/2019 --Travel and expense management software allows organizations to track and approve the expenses accrued during a business travel by the employees on the business-related travel along with submission, processing, reimbursement, and reporting of the employee expenditure. Receipt tracking, itemized report creation, and automation of the reimbursement are key advantages of the travel and expense management software. Complex and multi hierarchal models of the organization and high adoption of mobile devices has created the need of the travel and expense management software in the market.
The Global Travel & Expense Management Software Market size is estimated to grow at a CAGR of +12% during forecast period.
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The rising need to reduce operational cost and expenses in organizations, adoption of mobile devices, and need of hassle-free claim of expenses drive the travel and expense management software market. Further, the emergence of the software-as-a-service gave a push to the development of travel and expense management software and indirectly fueled the market to growth segment.
Top Companies Profiled in this Report includes, Apptricity Corp., Fraedom UK Limited, Insperity Payroll Services LLC, Ariett Business Solutions Inc., BasWare Inc., Coupa Software Incorporated, Interplx Inc., 8common Limited, Data-Basics Inc., KDS Inc.
New research report takes a close and analytical look at the various companies that strive for a higher share of the global Travel & Expense Management Software market. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis. The market is segmented on the basis of key criteria. For this purpose, a section dedicated to company profiles has been included in the report.
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Travel & Expense Management Software market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. The report provides detailed industry analysis of the global Travel & Expense Management Software market with the help of proven research methodologies such as Porter's five forces. The major geographical regions which include, North America, Asia Pacific, Europe, the Middle East & Africa and Latin America are studied.
Travel & Expense Management Software Market Key Segments:
Travel & Expense Management Software Market segment by Type:
- Cloud
- On-premises
Travel & Expense Management Software Market segment by Application:
- Small and Medium Scale
- Large Scale
Travel & Expense Management Software Market segment by Industry Verticals:
- Banking, Financial Services, and Insurance
- Aerospace & Defence
- Healthcare
- Public Sector
- IT & Telecom
- Retail
- Other
Travel & Expense Management Software Market segment by Regions/Countries, this report covers
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South America
Key questions answered in the report include
- What will the market size and the growth rate be in 2025?
- What are the key factors driving the global Travel & Expense Management Software market?
- What are the key market trends impacting the growth of the global Travel & Expense Management Software market?
- What are the challenges to market growth?
- Who are the key vendors in the global Travel & Expense Management Software market?
- What are the market opportunities and threats faced by the vendors in the global Travel & Expense Management Software market?
- Trending factors influencing the market shares of the APAC, Europe, North America, and ROW.
- What are the key outcomes of the five forces analysis of the global Travel & Expense Management Software market?
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Table of Contents
Global Travel & Expense Management Software Market Research Report
Chapter 1 Travel & Expense Management Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Travel & Expense Management Software Market Forecast
Insight on the Growth of Travel & Expense Management Software Market Forecast to 2025 - Trends, Analysis by Regions, Type, Application, Market Drivers and Top Companies
This report offers an analysis of the market based on deployment (SaaS-based and on-premises) and component (travel management and expense management). The travel and expense management market research report further presents in-depth insights into the growth prospects of the market across the Americas, APAC, and EMEA. The report analyzes the market’s competitive landscape and offers information on several companies including Certify, Chrome River Technologies, Expensify, Infor, and SAP (Concur).