target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: Market Forecast - Doc Document number: # US50231923
Worldwide Travel and Expense Management Software Forecast, 2023–2027: Travel Transformation Adding Complexity and Driving Investment
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Abstract
This 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.