Data Bridge Market Research analyses that Travel And Expense Management Software Market is expected to reach the value of USD 117,171.22 thousand by 2029, at a CAGR of 7.4% during the forecast period. Cloud segment accounts for the largest offering segment in travel and expense management software market. Travel and expense management software market report also covers pricing analysis, patent analysis, and technological advancements in depth.
Rise in international visits by government representatives worldwide and hassle-free claims and reimbursement via travel and expense management software is driving the overall growth of the market. The constant threat of data breach is a major restraint factor for the travel and expense management market.
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North America Travel and Expense Management Software Market Analysis:
This North America Travel and Expense Management Software Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the North America Travel and Expense Management Software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Key players operating in the North America Travel and Expense Management Software market include:
Some of the major players operating in the market are Webexpenses Pty Ltd, Inc, Concur Technologies, Inc., GBT Travel Services UK Limited, Oversight Systems, Inc., Infor, Oracle, Emburse, Inc., TripActions, Empxtrack Inc(Saigun Technologies Pvt. Ltd), Expensify, Inc., SutiSoft, Inc., Zoho Corporation Pvt. Ltd., TravelPerk S.L.U, ExpensePoint, Rydoo, 8common, and Coupa Software Inc., among others.
Recent Development
In December 2019, Chrome River Technologies, Inc., was named a "Leader" in the IDC Market Scape: Worldwide SaaS and Cloud-Enabled Enterprise Travel and Expense Management Applications 2019 Vendor Assessment. Company is was positioned as a Leader for large enterprise deployments which created a brand image globally
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North America Travel and Expense Management Software Market Segmentations:
Deployment Model
- On-Premise
- Cloud
Organization Size
- Medium Enterprise
- Large Enterprise
Industry
- Defense
- Government
- Others
North America Travel and Expense Management Software Market Country Level Analysis
The countries covered in the travel and expense management software market report are U.S., Canada and Mexico in North America,
The U.S. is expected to dominate the North America travel and expense management software market due to the surge in trend and popularity of cloud technology among enterprises.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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