- In February 2024, Marqeta partnered with Internet Travel Solutions to launch a commercial travel and expense (T&E) credit card aimed at the mid-market segment. The EasyCard corporate card program provides businesses with flexible payment solutions, designed to support the diverse needs of employees across different roles and functions. This collaboration enhances payment accessibility and management for companies seeking streamlined expense solutions
- In August 2023, HotelPlanner, a travel technology platform and hotel booking engine, acquired Lucid Travel, a travel management software provider focused on sports teams, universities, and event organizers. This acquisition aligns with HotelPlanner's core segments and growth strategy, leveraging shared expertise and operational synergies to enhance service offerings. The move strengthens HotelPlanner’s position in key sectors by integrating Lucid Travel's specialized capabilities
- In October 2022, TripActions formed a partnership with Global Glimpse, a non-profit dedicated to enhancing travel, cultural immersion, and leadership opportunities for young students. Through this collaboration, TripActions supports travel experiences and service learning for students while also contributing scholarship funds by recycling monitors and laptops. This initiative underscores TripActions’ commitment to empowering the next generation through impactful travel experiences
Frequently Asked Questions
The market is segmented based on Global Travel and Expense Management Software Market Segmentation, By Deployment Model (On-Premise and Cloud), Organization Size (Medium Enterprises and Large Enterprises), Industry (Defence, Government, IT and Telecom, BFSI Manufacturing, Public Sector, Healthcare, and Others) – Industry Trends and Forecast to 2032
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The Global Travel And Expense Management Software Market size was valued at USD 3.32 USD Billion in 2024.
The Global Travel And Expense Management Software Market is projected to grow at a CAGR of 6.8% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
