Expense Management Software Market Size to Grow by USD 4,776.21 million from 2022 to 2027, Increasing adoption of cloud-based solutions to boost the market growth - Technavio
NEW YORK, June 1, 2023 /PRNewswire/ -- The global expense management software market size is estimated to increase by USD 4,776.21 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 13.75% during the forecast period. Increasing adoption of cloud-based solutions notably drives the expense management software market growth. Cloud-based expense management software solutions are typically less expensive than traditional on-premises solutions because, unlike the latter, there is no need to purchase expensive hardware or software licenses. They also improve scalability, as companies can easily scale up or down their software usage as their needs change. Moreover, cloud-based expense management software provides real-time visibility into expenses, allowing organizations to track expenses incurred and quickly look for issues and discrepancies. Hence, such factors drive market growth during the forecast period. Discover some insights on market size historic period (2017 to 2021) and Forecast 2023-2027 before buying the full report -Request a sample report
Expense management software market – Vendor Analysis
Vendor Landscape - The global expense management software market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer expense management software in the market are 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. and others.
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Expense Management Software Market - Segmentation Assessment
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Expense Management Software Market – Market Dynamics
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What are the key data covered in this Expense Management Software Market report?
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
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