Press release

Growth of Travel and Expense Management Software Market to Be Impacted by the Increasing Use of AI | Technavio

0
Sponsored by Businesswire

The report, travel and expense management software market 2019-2023, has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on deployment, component, and geography for the forecast period 2019-2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191001005591/en/

Technavio has announced its latest market research report titled global travel and expense management software market 2019-2023. (Graphic: Business Wire)

Technavio has announced its latest market research report titled global travel and expense management software market 2019-2023. (Graphic: Business Wire)

To learn more about the global trends impacting the future of market research: Download Free Sample Report

The report on the travel and expense management software market includes:

Travel and expense management software market analysis and forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation

    • Deployment
    • Component
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

Travel and expense management software Market 2019-2023: Competitive landscape

  • Vendors covered
  • Vendor classification

    • Certify
    • Chrome River Technologies
    • Expensify
    • Infor
    • SAP (Concur)

Travel and expense management software Market Landscape 2019-2023: Geographic Landscape

  • Americas – Market size and forecast 2018-2023
  • EMEA – Market size and forecast 2018-2023
  • APAC – Market size and forecast 2018-2023

Travel and expense management software Market Landscape 2019-2023: Deployment

  • SaaS-based – Market size and forecast 2018-2023
  • On-premises – Market size and forecast 2018-2023

Register for a free trial today and gain instant access to 10,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Rising adoption of travel and expense management software integrated with mobile apps will drive the travel and expense management software market

Enterprises are increasingly adopting travel and expense management mobile apps to stay connected around the clock. The integration of travel and expense management software with mobile applications offers employees the freedom to manage expenses from any location. It also enables enterprises to verify the services offered by travel agents including booking, cancellation and departure information Thus, the integration of the travel and expense management software with mobile apps will drive the market growth during the forecast period.

Use of AI with travel and expense management software – An emerging trend in the travel and expense management software market

AI in travel and expense software can reduce or even eliminate frauds by auditing the authenticity of the expense submitted by employees. Using AI, enterprises can perform an automated policy check and audit trail and flag non-compliant employees. Such benefits will trigger the use of AI in travel and expense management software during the forecast period.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis 

MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023 

Get Full Report: https://www.technavio.com/report/global-travel-and-expense-management-software-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

MARKET TRENDS

  • Use of artificial intelligence (AI) with travel and expense management software
  • Incorporation of analytics
  • Rise in adoption of travel and expense management software among SMEs

Technavio also offers Custom Research services providing focused, comprehensive, and tailored research.

For More Information Click Here

Browse Related Information Technology Reports:

  • Global Enterprise Performance Management Application Market 2019-2023: The global enterprise performance management application market is forecast to grow at a CAGR of close to 9% during the period 2018-2023. The enterprise performance management application market size will increase by USD 2.08 billion during the forecast period of 2019-2023.
  • Global Workforce Analytics Market 2019-2023: The global workforce analytics market is forecasted to grow at a CAGR of close to 16% during the period 2018-2023. The workforce analytics market size will increase by USD 842.89 million during the forecast period of 2019-2023. 

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 10,000 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.