市场调查报告书
商品编码
1213679
经费管理软体的全球市场:~2027年Global Expense Management Software Market Research Report Forecast to 2027 |
中小企业、大企业为了效率化和合理化经费报告流程,皆采用经费管理软体。还有提高经费的能见度,推动企业的成长。经费管理软体市场,由于经费监测的行动应用程式的利用扩大,及企业的经费资料的一元管理等要素,今后数年预计成长。
本报告提供全球经费管理软体的市场调查,市场定义和概要,市场成长的各种影响因素分析,市场规模的变化、预测,各种区分、各地区/主要国家的明细,竞争环境,主要企业简介等彙整资讯。
Expense Management Software Market Forecast till 2027
The expense management software is a financial tool that helps businesses automate and simplify the process of managing and approving employee expenses. This leads to time and effort savings and enables better control over expenses. Both small and large enterprises are embracing this software to increase efficiency and streamline their expense reporting process.
The software also offers increased visibility into expenses, boosting the growth of enterprises. The expense management software market is expected to grow in the coming years, driven by factors such as the growing use of mobile apps for expense monitoring and centralization of expense data in businesses.
Segment Overview
The expense management software market has been classified on the basis of vertical, type, end user, and region.
The expense management software market has been divided into PC terminal and mobile terminal types. However, the adoption of cloud-based implementation may face challenges due to lack of skilled professionals and limited technology awareness. Concerns about data theft and security are also expected to hinder the growth of the travel and expense management software industry.
On-premise systems are anticipated to maintain a significant share due to increased security and lower total cost of ownership, despite the convenience offered by cloud-based systems.
By end-user, the market is segmented into small businesses, medium-sized businesses, and large enterprises.
By industry, the global market has been classified into transportation & logistics, IT & telecom, government & public sector, manufacturing, BFSI, retail & e-commerce, energy & utilities, and others.
India is the second most populous country after China, and has seen significant advancements in its business processes and technology adoption. Small and medium-sized enterprises play a significant role in the expense management software market. The country has become a popular destination for outsourcing IT and manufacturing services by western companies. The government's digitization initiatives have also boosted the adoption of digital software solutions across businesses. The SaaS model has been a driving force in the Indian market and is expected to provide promising investment opportunities for market players.
The key players of the global expense management software market include Workday Inc. (US), Intuit Inc. (US), Zoho Corporation Pvt. Ltd. (India), Coupa Software Inc. (US), Sodexo (France), Oracle (US), Insperity (US), Infor Inc. (US), IBM Corporation (US), SAP Concur (US), Xero Limited (New Zealand), and Expensify (US).
COVID-19, which started in Wuhan, China in early 2020, has now affected more than 150 million people globally and is still on the rise. Lockdowns and restrictions such as travel barriers, closed shops and markets, and remote work have been implemented across major economies, along with guidelines from governments aimed at controlling the spread of the virus. However, the number of cases has still increased. The pandemic has impacted business and transformed the way it is conducted in the future. Despite negative effects, the situation has created positive change by forcing organizations to quickly adopt and modernize technology, making digitalization a necessity. This shift has allowed companies to reorganize around their customers, leading to more connected and profitable operations. The pandemic has also accelerated demand for cloud-based solutions, particularly in industries where remote work is necessary. The adoption of cloud-based expense management software can benefit businesses of any size, as it is cost-effective, reduces the chance of error, and provides advanced analytics for better financial understanding. As a result, market players are expected to see increased profitability during the projected period.
Market players have seen a rise in revenue during the COVID-19 pandemic and are forecasted to continue to gain profitability. Cloud-hosted expense management software is not only easily accessible but also smart, offering businesses and users insight into areas for improvement such as expense management and optimizing business processes.
TABLE OF CONTENTS