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Travel and Expense Management Systems-Global Market Insights and Sales Trends 2024
Synopsis
Travel expense management (also often called TEM or T&E) is the element of corporate expense management that deals specifically with controlling business travel expenses. Travel and expense (T&E) software is programming that allows an organization to track and approve reimbursement for the cost of a business trip.
The global Travel and Expense Management Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Travel and Expense Management Systems in various end use industries. The expanding demands from the Transportation & Logistics, Government & Defense, Energy & Utilities and Healthcare, are propelling Travel and Expense Management Systems market. Cloud Based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the On Premise segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Travel and Expense Management Systems market, driven by demand from China, the second largest economy with some signs of stabilising, the Travel and Expense Management Systems market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Travel and Expense Management Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Travel and Expense Management Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Travel and Expense Management Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Travel and Expense Management Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Travel and Expense Management Systems covered in this report include Oracle Corporation, Apptricity Corp., SAP SE (Concur), Basware, Expensify, Chrome River Technologies, Infor, Coupa Software and Trippeo Technologies, etc.
The global Travel and Expense Management Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Oracle Corporation
Apptricity Corp.
SAP SE (Concur)
Basware
Expensify
Chrome River Technologies
Infor
Coupa Software
Trippeo Technologies
Certify
Journyx
Xero
Harvest
Ariett
Abila
Global Travel and Expense Management Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Travel and Expense Management Systems market, Segment by Type:
Cloud Based
On Premise
Global Travel and Expense Management Systems market, by Application
Transportation & Logistics
Government & Defense
Energy & Utilities
Healthcare
Retail
Telecom & IT
Manufacturing
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Travel and Expense Management Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Travel expense management (also often called TEM or T&E) is the element of corporate expense management that deals specifically with controlling business travel expenses. Travel and expense (T&E) software is programming that allows an organization to track and approve reimbursement for the cost of a business trip.
The global Travel and Expense Management Systems market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Travel and Expense Management Systems in various end use industries. The expanding demands from the Transportation & Logistics, Government & Defense, Energy & Utilities and Healthcare, are propelling Travel and Expense Management Systems market. Cloud Based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the On Premise segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Travel and Expense Management Systems market, driven by demand from China, the second largest economy with some signs of stabilising, the Travel and Expense Management Systems market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Travel and Expense Management Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Travel and Expense Management Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Travel and Expense Management Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Travel and Expense Management Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Travel and Expense Management Systems covered in this report include Oracle Corporation, Apptricity Corp., SAP SE (Concur), Basware, Expensify, Chrome River Technologies, Infor, Coupa Software and Trippeo Technologies, etc.
The global Travel and Expense Management Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Oracle Corporation
Apptricity Corp.
SAP SE (Concur)
Basware
Expensify
Chrome River Technologies
Infor
Coupa Software
Trippeo Technologies
Certify
Journyx
Xero
Harvest
Ariett
Abila
Global Travel and Expense Management Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Travel and Expense Management Systems market, Segment by Type:
Cloud Based
On Premise
Global Travel and Expense Management Systems market, by Application
Transportation & Logistics
Government & Defense
Energy & Utilities
Healthcare
Retail
Telecom & IT
Manufacturing
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Travel and Expense Management Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Travel and Expense Management Systems
1.1 Travel and Expense Management Systems Market Overview
1.1.1 Travel and Expense Management Systems Product Scope
1.1.2 Travel and Expense Management Systems Market Status and Outlook
1.2 Global Travel and Expense Management Systems Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Travel and Expense Management Systems Market Size by Region (2018-2029)
1.4 Global Travel and Expense Management Systems Historic Market Size by Region (2018-2023)
1.5 Global Travel and Expense Management Systems Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Travel and Expense Management Systems Market Size (2018-2029)
1.6.1 North America Travel and Expense Management Systems Market Size (2018-2029)
1.6.2 Europe Travel and Expense Management Systems Market Size (2018-2029)
1.6.3 Asia-Pacific Travel and Expense Management Systems Market Size (2018-2029)
1.6.4 Latin America Travel and Expense Management Systems Market Size (2018-2029)
1.6.5 Middle East & Africa Travel and Expense Management Systems Market Size (2018-2029)
2 Travel and Expense Management Systems Market by Type
2.1 Introduction
2.1.1 Cloud Based
2.1.2 On Premise
2.2 Global Travel and Expense Management Systems Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Travel and Expense Management Systems Historic Market Size by Type (2018-2023)
2.2.2 Global Travel and Expense Management Systems Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Travel and Expense Management Systems Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Travel and Expense Management Systems Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Travel and Expense Management Systems Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Travel and Expense Management Systems Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Travel and Expense Management Systems Revenue Breakdown by Type (2018-2029)
3 Travel and Expense Management Systems Market Overview by Application
3.1 Introduction
3.1.1 Transportation & Logistics
3.1.2 Government & Defense
3.1.3 Energy & Utilities
3.1.4 Healthcare
3.1.5 Retail
3.1.6 Telecom & IT
3.1.7 Manufacturing
3.1.8 Others
3.2 Global Travel and Expense Management Systems Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Travel and Expense Management Systems Historic Market Size by Application (2018-2023)
3.2.2 Global Travel and Expense Management Systems Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Travel and Expense Management Systems Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Travel and Expense Management Systems Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Travel and Expense Management Systems Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Travel and Expense Management Systems Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Travel and Expense Management Systems Revenue Breakdown by Application (2018-2029)
4 Travel and Expense Management Systems Competition Analysis by Players
4.1 Global Travel and Expense Management Systems Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Travel and Expense Management Systems as of 2022)
4.3 Date of Key Players Enter into Travel and Expense Management Systems Market
4.4 Global Top Players Travel and Expense Management Systems Headquarters and Area Served
4.5 Key Players Travel and Expense Management Systems Product Solution and Service
4.6 Competitive Status
4.6.1 Travel and Expense Management Systems Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Oracle Corporation
5.1.1 Oracle Corporation Profile
5.1.2 Oracle Corporation Main Business
5.1.3 Oracle Corporation Travel and Expense Management Systems Products, Services and Solutions
5.1.4 Oracle Corporation Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.1.5 Oracle Corporation Recent Developments
5.2 Apptricity Corp.
5.2.1 Apptricity Corp. Profile
5.2.2 Apptricity Corp. Main Business
5.2.3 Apptricity Corp. Travel and Expense Management Systems Products, Services and Solutions
5.2.4 Apptricity Corp. Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.2.5 Apptricity Corp. Recent Developments
5.3 SAP SE (Concur)
5.3.1 SAP SE (Concur) Profile
5.3.2 SAP SE (Concur) Main Business
5.3.3 SAP SE (Concur) Travel and Expense Management Systems Products, Services and Solutions
5.3.4 SAP SE (Concur) Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.3.5 Basware Recent Developments
5.4 Basware
5.4.1 Basware Profile
5.4.2 Basware Main Business
5.4.3 Basware Travel and Expense Management Systems Products, Services and Solutions
5.4.4 Basware Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.4.5 Basware Recent Developments
5.5 Expensify
5.5.1 Expensify Profile
5.5.2 Expensify Main Business
5.5.3 Expensify Travel and Expense Management Systems Products, Services and Solutions
5.5.4 Expensify Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.5.5 Expensify Recent Developments
5.6 Chrome River Technologies
5.6.1 Chrome River Technologies Profile
5.6.2 Chrome River Technologies Main Business
5.6.3 Chrome River Technologies Travel and Expense Management Systems Products, Services and Solutions
5.6.4 Chrome River Technologies Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.6.5 Chrome River Technologies Recent Developments
5.7 Infor
5.7.1 Infor Profile
5.7.2 Infor Main Business
5.7.3 Infor Travel and Expense Management Systems Products, Services and Solutions
5.7.4 Infor Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.7.5 Infor Recent Developments
5.8 Coupa Software
5.8.1 Coupa Software Profile
5.8.2 Coupa Software Main Business
5.8.3 Coupa Software Travel and Expense Management Systems Products, Services and Solutions
5.8.4 Coupa Software Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.8.5 Coupa Software Recent Developments
5.9 Trippeo Technologies
5.9.1 Trippeo Technologies Profile
5.9.2 Trippeo Technologies Main Business
5.9.3 Trippeo Technologies Travel and Expense Management Systems Products, Services and Solutions
5.9.4 Trippeo Technologies Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.9.5 Trippeo Technologies Recent Developments
5.10 Certify
5.10.1 Certify Profile
5.10.2 Certify Main Business
5.10.3 Certify Travel and Expense Management Systems Products, Services and Solutions
5.10.4 Certify Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.10.5 Certify Recent Developments
5.11 Journyx
5.11.1 Journyx Profile
5.11.2 Journyx Main Business
5.11.3 Journyx Travel and Expense Management Systems Products, Services and Solutions
5.11.4 Journyx Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.11.5 Journyx Recent Developments
5.12 Xero
5.12.1 Xero Profile
5.12.2 Xero Main Business
5.12.3 Xero Travel and Expense Management Systems Products, Services and Solutions
5.12.4 Xero Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.12.5 Xero Recent Developments
5.13 Harvest
5.13.1 Harvest Profile
5.13.2 Harvest Main Business
5.13.3 Harvest Travel and Expense Management Systems Products, Services and Solutions
5.13.4 Harvest Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.13.5 Harvest Recent Developments
5.14 Ariett
5.14.1 Ariett Profile
5.14.2 Ariett Main Business
5.14.3 Ariett Travel and Expense Management Systems Products, Services and Solutions
5.14.4 Ariett Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.14.5 Ariett Recent Developments
5.15 Abila
5.15.1 Abila Profile
5.15.2 Abila Main Business
5.15.3 Abila Travel and Expense Management Systems Products, Services and Solutions
5.15.4 Abila Travel and Expense Management Systems Revenue (US$ Million) & (2018-2023)
5.15.5 Abila Recent Developments
6 North America
6.1 North America Travel and Expense Management Systems Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Travel and Expense Management Systems Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Travel and Expense Management Systems Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Travel and Expense Management Systems Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Travel and Expense Management Systems Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Travel and Expense Management Systems Market Dynamics
11.1 Travel and Expense Management Systems Industry Trends
11.2 Travel and Expense Management Systems Market Drivers
11.3 Travel and Expense Management Systems Market Challenges
11.4 Travel and Expense Management Systems Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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