글로벌 여행 및 경비 관리 소프트웨어 시장 – 2029년까지의 업계 동향 및 예측

여행 및 경비 관리 소프트웨어 시장 분석 및 규모

전 세계 정부 대표의 국제 방문 증가와 여행 및 경비 관리 소프트웨어를 통한 번거로움 없는 청구 및 환불이 시장의 전반적인 성장을 견인하고 있습니다. 데이터 침해의 끊임없는 위협은 글로벌 여행 및 경비 관리 시장의 주요 제약 요소입니다 .

Data Bridge Market Research는 여행 및 경비 관리 소프트웨어 시장이 2029년까지 294,241.30만 달러의 가치에 도달할 것으로 예상하고 있으며, 예측 기간 동안 CAGR은 6.8%입니다. 클라우드 세그먼트는 여행 및 경비 관리 소프트웨어 시장에서 가장 큰 제공 세그먼트를 차지합니다. 글로벌 여행 및 경비 관리 소프트웨어 시장 보고서는 또한 가격 분석, 특허 분석 및 기술 발전을 심층적으로 다룹니다.

시장 정의

여행 및 경비 관리 소프트웨어는 비즈니스 여행 경비를 관리하고 모니터링하는 데 도움이 되는 포괄적인 시스템입니다. T&E 관리 소프트웨어는 출장을 계획하거나, 출장 중인 직원을 감독하거나, 지출 보고서를 생성하든 직원을 출장에 보내는 회사에 필수적입니다.

모든 종류의 사업체는 기업 여행 및 경비 관리 소프트웨어의 혜택을 누릴 수 있습니다. 비즈니스 여행 경비를 철저히 이해하고 문제가 발생할 경우 지식이 풍부한 고객 지원을 받는 것이 중요합니다. 또한 회사의 여행 정책에 따라 청구 프로세스를 최적화하고 여행 일정을 잡는 데 도움이 됩니다.

글로벌 여행 및 경비 관리 소프트웨어 시장 역학

운전자

• 모바일 기기의 높은 채택률

The rise in the number of smartphones globally due to their high demand and affordable rate, has resulted in the increasing number of multi-platform software. This software is developed to work across multiple devices, synchronized with same data for the user. In the global travel and expense management software market, many companies offer smartphone applications with details of users, their history, tickets, and offers. The same companies offer websites or online services having the same features. Furthermore, with the advent of mobile computing technology, the cloud and the ability to connect to business systems all over the globe, many businesses are looking mobile app technology, system integrations and real-time solutions to help staff get things done quickly and more efficiently. Mobile expense management is one area where there have been huge developments in business efficiency. Employees that travel around the globe for business can use mobile expense reporting apps to streamline their expense reporting. The use of mobile device and expense applications offers a several benefits for the employee and the organization and as a driver for the growth of travel and expense management software market.

• INCREASING MILITARY TRAVEL INTERNATIONALLY

The movement of the military, which may be internally or in a nation, is increasing due to various reasons such as the presence of military outposts and postings; international exercises, and U.N. peacekeeping forces. The increasing budget of military expenses in various nations across the globe has allowed the military to provide travel allowance (T.A.) to the soldiers. Additionally, the presence of SAAS for travel expenses analysis with travel and expense management software on smartphones has allowed penetration of these software in military. The continuously evolving bilateral relations of nations allow their military to conduct exercises to boost soldiers' confidence, gain experience and increase brotherhood between two armies. Also, the increasing alien military bases of various army allows the soldiers to travel across the globe. These factors through which the movement of army and army personals has increase across the borders has started to act as a driver for the growth of travel and expense management software market. As the personal have started doing their travel booking and travel expenses through available software in the market.

Opportunities

• RISE IN DIGITIZATION IN DEFENSE AND GOVERNMENT SECTOR

Digitalization enables using digital technologies such as cloud computing, big data, data analytics, Internet of Things (IoT), artificial intelligence in the defence sector and government sector. The deployment of digital technologies improves legacy processes and enhances operation and process efficiencies, enabling faster decision making and better situational awareness. Digital technologies are perceived as key enablers to adapt to changes, facilitating more efficient operations and increased outputs. In many nations, governments are increasing their efforts to bring digital transformations in sectors such as executive, ministries and defence. This digitization rise is an opportunity for the travel and expense management software market. Because of this, it is becoming normal in many sectors and its team to use the institution's travel and expense management software.

• MORE OF PARTNERSHIP AND ACQUISITION AMONG MARKET PLAYERS

The travel and expense management software market is fragmented as it consists of many regional players and global players. The presence of these companies in the region provides stiff competition in global travel and expense management software market and produces the best applications and software for various business and employees. To tackle the stiff completion, few market players tend to sign an agreement, and partnership with other market players, to develop better software using advanced technologies such as ML and A.I. Additionally, few market players acquire small start-ups or businesses to increase their market dominance and offer better products and software. These steps by the market players provide various possibilities to expand the travel and expense management software market.

Restraints/Challenges

• CONSTANT THREAT OF DATA BREACH

An expense management software holds data such as employee names and details, corporate credit card information, transaction statements, business-related activities, and financial history. Therefore, it has become a critical part of businesses and they tend to be careful when choosing an expense management solution. With such important business data contained in travel and expense management software, businesses are little conscious of the security of travel and expense management software across the globe. But, hackers or cybercriminals use phishing, malware, social engineering, or related techniques to steal information from businesses and travel and expense management software. Thus the constant threat of data breach in Travel and expense management software market is expected to limit the growth of market.

• FRAGMENTATION IN THE TRAVEL AND EXPENSE SOFTWARE INDUSTRY

Most companies today have different software for travel and expense management. It is a big challenge for them as travel bookings happen on one platform and expense process on the other, making the whole T&E process inefficient. According to a report from ITILITE, 70% of expenses are travel-related, and having separate tools for travel bookings, and expense reimbursements result in cost leakages, poor data visibility, and even leaves room for fraud and on top of all this, it provides a broken experience to employees and finance managers. This is estimated to act a restrain for the global travel and expense management software market growth.

The presence and use of different software for travel and expense management, hits on the finance productivity as it will be hard to manage data and expenses on a different platform. Additionally, due to this fragmentation in the travel and expense software industry, many companies continue to use their current segregated systems as they worry about the cost to change. But on the contrary, using an integrated travel and expense management solution can help them save more than 30% of the costs. Furthermore, this segregation also allows many frauds to slip by during audits as different software offer different offers to the customers and generally financial teams cannot detect these frauds. The fragmentation in travel and expense management industry, limits the finance professional as they don't have any visibility over the travel expenses, and can easily fall into the trap of exceeding your allocated budget.

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

Global Travel and Expense Management Software Market

The travel and expense management software market is segmented on the basis of deployment model, organization size, and industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Deployment Model

• On-Premise
• Cloud

On the basis of deployment, the global travel and expense management software market is segmented into on-premise and cloud.

Organization Size

• Medium Enterprise
• Large Enterprise

On the basis of organization size, the global travel and expense management software market is segmented into medium enterprises, large enterprises.

Industry

• Defense
• Government
• Others

On the basis of industry, the global travel and expense management market is segmented into defense, Government and others.

Global Travel and Expense Management Software Market Regional Analysis/Insights

여행 및 경비 관리 소프트웨어 시장을 분석하고 배포 모델, 조직 규모 및 산업별로 시장 규모에 대한 통찰력과 추세를 제공합니다.

글로벌 여행 및 경비 관리 소프트웨어 시장 보고서에서 다루는 국가는 북미의 미국, 캐나다, 멕시코입니다. 유럽의 영국, 독일, 스페인, 이스라엘, 기타 유럽. 아시아 태평양의 일본, 호주, 홍콩, 뉴질랜드, 기타 아시아 태평양. 중동 및 아프리카의 UAE, 카타르, 쿠웨이트, 남아프리카, 기타 중동 및 아프리카(MEA). 브라질, 멕시코, 파나마, 파나마, 페루, 기타 라틴 아메리카.

미국은 기업 사이에서 클라우드 기술의 추세와 인기가 급증함에 따라 북미 여행 및 경비 관리 소프트웨어 시장을 장악할 것으로 예상되며, 독일은 모바일 기기의 도입률이 높아 유럽 여행 및 경비 관리 소프트웨어 시장을 장악할 것으로 예상됩니다.

보고서의 국가 섹션은 또한 현재 및 미래 시장 추세에 영향을 미치는 개별 시장 영향 요인과 시장 규제의 변화를 제공합니다. 다운스트림 및 업스트림 가치 사슬 분석, 기술 추세 및 포터의 5가지 힘 분석, 사례 연구와 같은 데이터 포인트는 개별 국가의 시장 시나리오를 예측하는 데 사용되는 몇 가지 포인터입니다. 또한 글로벌 브랜드의 존재 및 가용성과 지역 및 국내 브랜드와의 대규모 또는 희소한 경쟁으로 인해 직면한 과제, 국내 관세 및 무역 경로의 영향은 국가 데이터에 대한 예측 분석을 제공하는 동안 고려됩니다.

경쟁 환경 및 글로벌 여행 및 경비 관리 소프트웨어 시장 점유율 분석

글로벌 여행 및 경비 관리 소프트웨어 시장 경쟁 구도는 경쟁자에 대한 세부 정보를 제공합니다. 포함된 세부 정보는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 글로벌 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 솔루션 출시, 제품 폭과 범위, 애플리케이션 우세입니다. 위의 데이터 포인트는 회사의 글로벌 여행 및 경비 관리 소프트웨어 시장에 대한 초점과만 관련이 있습니다.

이 시장에서 활동하는 주요 기업으로는 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 SLU, ExpensePoint, Rydoo, 8common, Coupa Software Inc. 등이 있습니다.

SKU-65966