Global Mobile Expense Management Market Growth (Status and Outlook) 2023-2029
The global Mobile Expense Management market size is projected to grow from US$ 4410.9 million in 2022 to US$ 9276 million in 2029; it is expected to grow at a CAGR of 11.2% from 2023 to 2029.
Increasing Mobile Device Adoption. With the proliferation of smartphones and tablets in both personal and professional environments, organizations are facing the challenge of managing a growing number of mobile devices and associated expenses. This trend has fueled the demand for MEM solutions to gain visibility and control over mobile expenses.
Bring-Your-Own-Device (BYOD) and Choose-Your-Own-Device (CYOD) Policies. Many organizations have adopted BYOD or CYOD policies, allowing employees to use personal or selected devices for work purposes. This trend has created a need for MEM solutions that can effectively manage the expenses associated with these devices, such as reimbursement plans, device usage tracking, and data consumption management.
LPI (LP Information)' newest research report, the “Mobile Expense Management Industry Forecast” looks at past sales and reviews total world Mobile Expense Management sales in 2022, providing a comprehensive analysis by region and market sector of projected Mobile Expense Management sales for 2023 through 2029. With Mobile Expense Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mobile Expense Management industry.
This Insight Report provides a comprehensive analysis of the global Mobile Expense Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mobile Expense Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mobile Expense Management market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mobile Expense Management and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mobile Expense Management.
This report presents a comprehensive overview, market shares, and growth opportunities of Mobile Expense Management market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Cloud-based Expense Management
Real-time Expense Management
Other
Segmentation by application
BFSI
Retail and E-Commerce
Healthcare
IT and Telecom
Manufacturing
Government
Transportation
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Microsoft
Oracle
Brightfin
Hexnode
Rydoo
Aspire Systems
Odoo
Vox Mobile
Infor
Please note: The report will take approximately 2 business days to prepare and deliver.