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Market Research Report

Worldwide Travel and Expense Management Software Forecast, 2020-2024: Pandemic Impacts Travel and Reshapes Expense Management

Published by IDC Product code 945375
Published Content info 13 Pages
Delivery time: 1-2 business days
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Worldwide Travel and Expense Management Software Forecast, 2020-2024: Pandemic Impacts Travel and Reshapes Expense Management
Published: June 26, 2020 Content info: 13 Pages
Description

This IDC study examines the market for travel and expense (T&E) management software, which is expected to see solid growth despite industrywide impacts of the COVID-19 crisis. The crisis is expected to accelerate the adoption of cloud travel and expense management software relative to on-premises and private cloud deployments."In so many ways, the events associated with the coronavirus outbreak have highlighted the need for transparency, flexibility, and visibility for every customer. Duty of care, safety, and spend management all were highlighted. It will be the vendors with the right mix of functionality and flexibility that will be best positioned for growth," said Kevin M. Permenter, research manager for Enterprise Applications with IDC.

Table of Contents
Product Code: US46530020

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

  • Drivers and Inhibitors
    • Drivers
      • 3rd Platform and Innovation Accelerators
      • Rapid Technology Advancements
      • DX Use Cases
    • Inhibitors
      • Economic Downturn
      • Uncertainty
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

Methodology

  • Historical and Forecast Market Values and Exchange Rates

Related Research

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