Worldwide Travel and Expense Management Software Forecast, 2023–2027: Travel Transformation Adding Complexity and Driving Investment

Worldwide Travel and Expense Management Software Forecast, 2023–2027: Travel Transformation Adding Complexity and Driving InvestmentThis IDC study examines the market for travel and expense (T&E) management software."As travel returns, there will be changes to the travel experience itself. Travel companies (e.g., airlines, hotels, airports) will be adding more value to enrich your trip experience. These service providers will race to bring customers back, and as a result, vendors must be able to add new features and capabilities to their software packages. Agility will be even more essential as the new travel landscape takes shape," says Kevin Permenter, research director, Financial Applications at IDC.

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IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Digital Transformation
Convergence
Automation
Inhibitors
The Russia-Ukraine War
Inflation
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates
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