Travel and Expense Management Software Industry: 2019 Global Market Analysis by Upcoming Opportunities, Share, Size, Trends, Growth and Forecast To 2025
The Global Travel and Expense Management Software Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of over 14% by 2025. The market is growing due to increase demand for streamlining enterprise business process. This software is used by enterprises for functions such as receipt tracking, itemized report creation, and automation of the reimbursement. The demand is particularly observed in regions such as North America and Europe.
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Some of the key players operating in this market include – Certify, Expensify, Chrome River Technologies, Infor .
Key Benefits of the Report:
* Global, Regional, Country, Insight Type, and Application Market Size and Forecast from 2014-2025
* Detailed market dynamics, industry outlook with market specific PESTEL, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
* Identification of key companies that can influence this market on a global and regional scale
* Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, Insight Type & Application, and competitive landscape with qualitative and quantitative information and facts
Global Travel and Expense Management Software Industry is spread across 121 pages, profiling 05 companies and supported with tables and figures.
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Target Audience:
* Travel and Expense Management Software manufacturers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
Businesses across the world are focusing on improving organization’s efficiency through simplification and automation of various business operational tasks such as management of business travels, expenses, reimbursements, etc. The software also aids in providing faster, efficient, and flexible solution to manage business travel expenses. Developing economies such as China and India are showing substantial demand for this software.
Therefore, these factors are expected to propel growth of the global Travel and Expense Management Software market over forecast period. The market is highly competitive, rapidly changing owing to new solution introductions. The industry is anticipated to expand at a high CAGR during the forecast period from 2018 to 2025. The global Travel and Expense Management Software Market for has been segmented based on type, end use, and region.
Regionally, the market is segmented into North America, Middle East and Africa, South America, Asia Pacific and Europe. Out of which, North America is expected to lead the global Travel and Expense Management Software Market during forecast period owing to increasing end use industry demands in this region whereas Asia Pacific region is expected to witness highest growth rate owing to high consumption.
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Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics, capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer,
* Application Supplier,
* Distributors,
* Government Body & Associations, and
* Research Institute
TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Travel and Expense Management Software Market — Industry Outlook
4 Global Travel And Expense Management Software Market End Use Outlook
5 Global Travel And Expense Management Software Market Type Outlook
6 Global Travel And Expense Management Software Market Regional Outlook
7 Competitive Landscape
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