Global Expense Management Software Market 2023-2027

Description

List of Tables

Technavio has been monitoring the expense management software market and is forecast to grow by USD 4776.21 mn during 2022-2027, accelerating at a CAGR of 13.75% during the forecast period. Our report on the expense management software market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of cloud-based solutions, the growing automation of manual processes, and the increasing need for cost reduction.

Technavio's expense management software market is segmented as below:

By Component

Solution
Service

By Application

Large enterprises
SMEs

By Geography

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the increasing use of artificial intelligence (AI) and machine learning (ML) in expense management software as one of the prime reasons driving the expense management software market growth during the next few years. Also, user-friendly interfaces in expense management software and subscription-based pricing will lead to sizable demand in the market.

Expense management software market sizing
Expense management software market forecast
Expense management software market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading expense management software market vendors that include Coupa Software Inc., Emburse Inc., Expensify Inc., Fyle Technologies Pvt. Ltd., Insperity Services L.P., International Business Machines Corp., Intuit Inc., ITILITE, Koch Industries Inc., Oracle Corp., Sage Group Plc, SAP SE, Sodexo SA, The Access Group, VA Tech Ventures Pvt. Ltd., Webexpenses Pty Ltd., Workday Inc., Xero Ltd., Zaggle Prepaid Ocean Services Pvt. Ltd., and Zoho Corp. Pvt. Ltd.. Also, the expense management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Product Code: IRTNTR75286

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global expense management software market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global expense management software market 2017 - 2021 ($ million)
4.2 Component Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Component Segment 2017 - 2021 ($ million)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

6.1 Market segments
Exhibit 30: Chart on Component - Market share 2022-2027 (%)
Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
6.2 Comparison by Component
Exhibit 32: Chart on Comparison by Component
Exhibit 33: Data Table on Comparison by Component
6.3 Solution - Market size and forecast 2022-2027
Exhibit 34: Chart on Solution - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Solution - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Solution - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Solution - Year-over-year growth 2022-2027 (%)
6.4 Service - Market size and forecast 2022-2027
Exhibit 38: Chart on Service - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Service - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Service - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Service - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Component
Exhibit 42: Market opportunity by Component ($ million)
Exhibit 43: Data Table on Market opportunity by Component ($ million)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 44: Chart on Application - Market share 2022-2027 (%)
Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 46: Chart on Comparison by Application
Exhibit 47: Data Table on Comparison by Application
7.3 Large enterprises - Market size and forecast 2022-2027
Exhibit 48: Chart on Large enterprises - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Large enterprises - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Large enterprises - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Large enterprises - Year-over-year growth 2022-2027 (%)
7.4 SMEs - Market size and forecast 2022-2027
Exhibit 52: Chart on SMEs - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on SMEs - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on SMEs - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on SMEs - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Application
Exhibit 56: Market opportunity by Application ($ million)
Exhibit 57: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share by geography 2022-2027 (%)
Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 France - Market size and forecast 2022-2027
Exhibit 87: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on France - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 China - Market size and forecast 2022-2027
Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 103: Market opportunity by geography ($ million)
Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Coupa Software Inc.
Exhibit 111: Coupa Software Inc. - Overview
Exhibit 112: Coupa Software Inc. - Product / Service
Exhibit 113: Coupa Software Inc. - Key offerings
12.4 Emburse Inc.
Exhibit 114: Emburse Inc. - Overview
Exhibit 115: Emburse Inc. - Product / Service
Exhibit 116: Emburse Inc. - Key offerings
12.5 Expensify Inc.
Exhibit 117: Expensify Inc. - Overview
Exhibit 118: Expensify Inc. - Product / Service
Exhibit 119: Expensify Inc. - Key offerings
12.6 Insperity Services L.P.
Exhibit 120: Insperity Services L.P. - Overview
Exhibit 121: Insperity Services L.P. - Product / Service
Exhibit 122: Insperity Services L.P. - Key offerings
12.7 International Business Machines Corp.
Exhibit 123: International Business Machines Corp. - Overview
Exhibit 124: International Business Machines Corp. - Business segments
Exhibit 125: International Business Machines Corp. - Key news
Exhibit 126: International Business Machines Corp. - Key offerings
Exhibit 127: International Business Machines Corp. - Segment focus
12.8 Intuit Inc.
Exhibit 128: Intuit Inc. - Overview
Exhibit 129: Intuit Inc. - Business segments
Exhibit 130: Intuit Inc. - Key offerings
Exhibit 131: Intuit Inc. - Segment focus
12.9 Koch Industries Inc.
Exhibit 132: Koch Industries Inc. - Overview
Exhibit 133: Koch Industries Inc. - Product / Service
Exhibit 134: Koch Industries Inc. - Key news
Exhibit 135: Koch Industries Inc. - Key offerings
12.10 Oracle Corp.
Exhibit 136: Oracle Corp. - Overview
Exhibit 137: Oracle Corp. - Business segments
Exhibit 138: Oracle Corp. - Key news
Exhibit 139: Oracle Corp. - Key offerings
Exhibit 140: Oracle Corp. - Segment focus
12.11 Sage Group Plc
Exhibit 141: Sage Group Plc - Overview
Exhibit 142: Sage Group Plc - Business segments
Exhibit 143: Sage Group Plc - Key offerings
Exhibit 144: Sage Group Plc - Segment focus
12.12 SAP SE
Exhibit 145: SAP SE - Overview
Exhibit 146: SAP SE - Business segments
Exhibit 147: SAP SE - Key news
Exhibit 148: SAP SE - Key offerings
Exhibit 149: SAP SE - Segment focus
12.13 Sodexo SA
Exhibit 150: Sodexo SA - Overview
Exhibit 151: Sodexo SA - Business segments
Exhibit 152: Sodexo SA - Key news
Exhibit 153: Sodexo SA - Key offerings
Exhibit 154: Sodexo SA - Segment focus
12.14 The Access Group
Exhibit 155: The Access Group - Overview
Exhibit 156: The Access Group - Product / Service
Exhibit 157: The Access Group - Key offerings
12.15 Workday Inc.
Exhibit 158: Workday Inc. - Overview
Exhibit 159: Workday Inc. - Product / Service
Exhibit 160: Workday Inc. - Key news
Exhibit 161: Workday Inc. - Key offerings
12.16 Xero Ltd.
Exhibit 162: Xero Ltd. - Overview
Exhibit 163: Xero Ltd. - Business segments
Exhibit 164: Xero Ltd. - Key offerings
Exhibit 165: Xero Ltd. - Segment focus
12.17 Zaggle Prepaid Ocean Services Pvt. Ltd.
Exhibit 166: Zaggle Prepaid Ocean Services Pvt. Ltd. - Overview
Exhibit 167: Zaggle Prepaid Ocean Services Pvt. Ltd. - Product / Service
Exhibit 168: Zaggle Prepaid Ocean Services Pvt. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 169: Inclusions checklist
Exhibit 170: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 171: Currency conversion rates for US$
13.4 Research methodology
Exhibit 172: Research methodology
Exhibit 173: Validation techniques employed for market sizing
Exhibit 174: Information sources
13.5 List of abbreviations
Exhibit 175: List of abbreviations