TECH SUPPLIER Jul 2021 - Market Forecast - Doc # US47980521
Worldwide Travel and Expense Management Software Forecast, 2021–2025: Post-Pandemic Promises Renewed Growth Opportunities
This IDC study examines the market for travel and expense (T&E) management software, which is expected to see solid growth despite industrywide impacts of the COVID-19 crisis. The crisis is expected to accelerate the adoption of cloud travel and expense management software relative to on-premises and private cloud deployments.
"Driven by vaccination progress and the removal of travel restrictions, we expect to see a slow but steady return to pre-pandemic business travel through the forecast period. Vendors that have invested in their platforms adding greater policy management and analytics are well position for growth going forward," said Kevin M. Permenter, research manager for Enterprise Applications with IDC.
List of Tables
List of Figures
When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.