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Global Travel & Expense Software Market Research Report 2024
Synopsis
Travel & Expense Software is a software category that helps businesses and employees manage and automate their travel and expense processes. Travel & Expense Software can provide features such as travel booking, expense reporting, receipt capture, policy compliance, reimbursement, approval workflow, and more. Travel & Expense Software can help businesses and employees save time, reduce costs, improve visibility, and enhance satisfaction .
The global Travel & Expense Software market was valued at US$ 6363 million in 2023 and is anticipated to reach US$ 10230 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
The industry trend of Travel & Expense Software is expected to be positive and growing in the coming years. Some of the factors that will drive the growth of this market are:
The increasing demand for efficient and convenient travel and expense management solutions that require travel and expense software to automate and streamline the complex travel and expense processes.
The rising adoption of cloud-based travel and expense software that offers more flexibility, scalability, security, and affordability for businesses and employees.
The growing awareness and adoption of SaaSOps as a framework for streamlining and automating the operational processes of travel and expense software.
The emergence of new technologies and innovations that enhance the capabilities and functionalities of travel and expense software, such as artificial intelligence (AI), machine learning (ML), natural language processing (NLP), blockchain, etc.
This report aims to provide a comprehensive presentation of the global market for Travel & Expense Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Travel & Expense Software.
Report Scope
The Travel & Expense Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Travel & Expense Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Travel & Expense Software companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SAP Concur
TripActions
TravelPerk
Lola.com
Rydoo
Certify
TravelBank
Egencia
Expensify
Zoho Expense
Abacus
Receipt Bank
Paylocity
Pleo
BigTime
Workday HCM
Segment by Type
Cloud Based
Web Based
Segment by Application
Large Enterprises
SMEs
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Travel & Expense Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Travel & Expense Software is a software category that helps businesses and employees manage and automate their travel and expense processes. Travel & Expense Software can provide features such as travel booking, expense reporting, receipt capture, policy compliance, reimbursement, approval workflow, and more. Travel & Expense Software can help businesses and employees save time, reduce costs, improve visibility, and enhance satisfaction .
The global Travel & Expense Software market was valued at US$ 6363 million in 2023 and is anticipated to reach US$ 10230 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
The industry trend of Travel & Expense Software is expected to be positive and growing in the coming years. Some of the factors that will drive the growth of this market are:
The increasing demand for efficient and convenient travel and expense management solutions that require travel and expense software to automate and streamline the complex travel and expense processes.
The rising adoption of cloud-based travel and expense software that offers more flexibility, scalability, security, and affordability for businesses and employees.
The growing awareness and adoption of SaaSOps as a framework for streamlining and automating the operational processes of travel and expense software.
The emergence of new technologies and innovations that enhance the capabilities and functionalities of travel and expense software, such as artificial intelligence (AI), machine learning (ML), natural language processing (NLP), blockchain, etc.
This report aims to provide a comprehensive presentation of the global market for Travel & Expense Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Travel & Expense Software.
Report Scope
The Travel & Expense Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Travel & Expense Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Travel & Expense Software companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SAP Concur
TripActions
TravelPerk
Lola.com
Rydoo
Certify
TravelBank
Egencia
Expensify
Zoho Expense
Abacus
Receipt Bank
Paylocity
Pleo
BigTime
Workday HCM
Segment by Type
Cloud Based
Web Based
Segment by Application
Large Enterprises
SMEs
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Travel & Expense Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Travel & Expense Software Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Cloud Based
1.2.3 Web Based
1.3 Market by Application
1.3.1 Global Travel & Expense Software Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Large Enterprises
1.3.3 SMEs
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Travel & Expense Software Market Perspective (2019-2030)
2.2 Travel & Expense Software Growth Trends by Region
2.2.1 Global Travel & Expense Software Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Travel & Expense Software Historic Market Size by Region (2019-2024)
2.2.3 Travel & Expense Software Forecasted Market Size by Region (2025-2030)
2.3 Travel & Expense Software Market Dynamics
2.3.1 Travel & Expense Software Industry Trends
2.3.2 Travel & Expense Software Market Drivers
2.3.3 Travel & Expense Software Market Challenges
2.3.4 Travel & Expense Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Travel & Expense Software Players by Revenue
3.1.1 Global Top Travel & Expense Software Players by Revenue (2019-2024)
3.1.2 Global Travel & Expense Software Revenue Market Share by Players (2019-2024)
3.2 Global Travel & Expense Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Travel & Expense Software Revenue
3.4 Global Travel & Expense Software Market Concentration Ratio
3.4.1 Global Travel & Expense Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Travel & Expense Software Revenue in 2023
3.5 Travel & Expense Software Key Players Head office and Area Served
3.6 Key Players Travel & Expense Software Product Solution and Service
3.7 Date of Enter into Travel & Expense Software Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Travel & Expense Software Breakdown Data by Type
4.1 Global Travel & Expense Software Historic Market Size by Type (2019-2024)
4.2 Global Travel & Expense Software Forecasted Market Size by Type (2025-2030)
5 Travel & Expense Software Breakdown Data by Application
5.1 Global Travel & Expense Software Historic Market Size by Application (2019-2024)
5.2 Global Travel & Expense Software Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Travel & Expense Software Market Size (2019-2030)
6.2 North America Travel & Expense Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Travel & Expense Software Market Size by Country (2019-2024)
6.4 North America Travel & Expense Software Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Travel & Expense Software Market Size (2019-2030)
7.2 Europe Travel & Expense Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Travel & Expense Software Market Size by Country (2019-2024)
7.4 Europe Travel & Expense Software Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Travel & Expense Software Market Size (2019-2030)
8.2 Asia-Pacific Travel & Expense Software Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Travel & Expense Software Market Size by Region (2019-2024)
8.4 Asia-Pacific Travel & Expense Software Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Travel & Expense Software Market Size (2019-2030)
9.2 Latin America Travel & Expense Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Travel & Expense Software Market Size by Country (2019-2024)
9.4 Latin America Travel & Expense Software Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Travel & Expense Software Market Size (2019-2030)
10.2 Middle East & Africa Travel & Expense Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Travel & Expense Software Market Size by Country (2019-2024)
10.4 Middle East & Africa Travel & Expense Software Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SAP Concur
11.1.1 SAP Concur Company Detail
11.1.2 SAP Concur Business Overview
11.1.3 SAP Concur Travel & Expense Software Introduction
11.1.4 SAP Concur Revenue in Travel & Expense Software Business (2019-2024)
11.1.5 SAP Concur Recent Development
11.2 TripActions
11.2.1 TripActions Company Detail
11.2.2 TripActions Business Overview
11.2.3 TripActions Travel & Expense Software Introduction
11.2.4 TripActions Revenue in Travel & Expense Software Business (2019-2024)
11.2.5 TripActions Recent Development
11.3 TravelPerk
11.3.1 TravelPerk Company Detail
11.3.2 TravelPerk Business Overview
11.3.3 TravelPerk Travel & Expense Software Introduction
11.3.4 TravelPerk Revenue in Travel & Expense Software Business (2019-2024)
11.3.5 TravelPerk Recent Development
11.4 Lola.com
11.4.1 Lola.com Company Detail
11.4.2 Lola.com Business Overview
11.4.3 Lola.com Travel & Expense Software Introduction
11.4.4 Lola.com Revenue in Travel & Expense Software Business (2019-2024)
11.4.5 Lola.com Recent Development
11.5 Rydoo
11.5.1 Rydoo Company Detail
11.5.2 Rydoo Business Overview
11.5.3 Rydoo Travel & Expense Software Introduction
11.5.4 Rydoo Revenue in Travel & Expense Software Business (2019-2024)
11.5.5 Rydoo Recent Development
11.6 Certify
11.6.1 Certify Company Detail
11.6.2 Certify Business Overview
11.6.3 Certify Travel & Expense Software Introduction
11.6.4 Certify Revenue in Travel & Expense Software Business (2019-2024)
11.6.5 Certify Recent Development
11.7 TravelBank
11.7.1 TravelBank Company Detail
11.7.2 TravelBank Business Overview
11.7.3 TravelBank Travel & Expense Software Introduction
11.7.4 TravelBank Revenue in Travel & Expense Software Business (2019-2024)
11.7.5 TravelBank Recent Development
11.8 Egencia
11.8.1 Egencia Company Detail
11.8.2 Egencia Business Overview
11.8.3 Egencia Travel & Expense Software Introduction
11.8.4 Egencia Revenue in Travel & Expense Software Business (2019-2024)
11.8.5 Egencia Recent Development
11.9 Expensify
11.9.1 Expensify Company Detail
11.9.2 Expensify Business Overview
11.9.3 Expensify Travel & Expense Software Introduction
11.9.4 Expensify Revenue in Travel & Expense Software Business (2019-2024)
11.9.5 Expensify Recent Development
11.10 Zoho Expense
11.10.1 Zoho Expense Company Detail
11.10.2 Zoho Expense Business Overview
11.10.3 Zoho Expense Travel & Expense Software Introduction
11.10.4 Zoho Expense Revenue in Travel & Expense Software Business (2019-2024)
11.10.5 Zoho Expense Recent Development
11.11 Abacus
11.11.1 Abacus Company Detail
11.11.2 Abacus Business Overview
11.11.3 Abacus Travel & Expense Software Introduction
11.11.4 Abacus Revenue in Travel & Expense Software Business (2019-2024)
11.11.5 Abacus Recent Development
11.12 Receipt Bank
11.12.1 Receipt Bank Company Detail
11.12.2 Receipt Bank Business Overview
11.12.3 Receipt Bank Travel & Expense Software Introduction
11.12.4 Receipt Bank Revenue in Travel & Expense Software Business (2019-2024)
11.12.5 Receipt Bank Recent Development
11.13 Paylocity
11.13.1 Paylocity Company Detail
11.13.2 Paylocity Business Overview
11.13.3 Paylocity Travel & Expense Software Introduction
11.13.4 Paylocity Revenue in Travel & Expense Software Business (2019-2024)
11.13.5 Paylocity Recent Development
11.14 Pleo
11.14.1 Pleo Company Detail
11.14.2 Pleo Business Overview
11.14.3 Pleo Travel & Expense Software Introduction
11.14.4 Pleo Revenue in Travel & Expense Software Business (2019-2024)
11.14.5 Pleo Recent Development
11.15 BigTime
11.15.1 BigTime Company Detail
11.15.2 BigTime Business Overview
11.15.3 BigTime Travel & Expense Software Introduction
11.15.4 BigTime Revenue in Travel & Expense Software Business (2019-2024)
11.15.5 BigTime Recent Development
11.16 Workday HCM
11.16.1 Workday HCM Company Detail
11.16.2 Workday HCM Business Overview
11.16.3 Workday HCM Travel & Expense Software Introduction
11.16.4 Workday HCM Revenue in Travel & Expense Software Business (2019-2024)
11.16.5 Workday HCM Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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