Global SaaS-Based Expense Management Market Growth (Status and Outlook) 2019-2024
Table of Contents
2019-2024 Global SaaS-Based Expense Management Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global SaaS-Based Expense Management Market Size 2014-2024
- 2.1.2 SaaS-Based Expense Management Market Size CAGR by Region
- 2.2 SaaS-Based Expense Management Segment by Type
- 2.2.1 Travel and Expense Management
- 2.2.2 Telecom Expense management
- 2.2.3 Others
- 2.3 SaaS-Based Expense Management Market Size by Type
- 2.3.1 Global SaaS-Based Expense Management Market Size Market Share by Type (2014-2019)
- 2.3.2 Global SaaS-Based Expense Management Market Size Growth Rate by Type (2014-2019)
- 2.4 SaaS-Based Expense Management Segment by Application
- 2.4.1 Small and Medium Business
- 2.4.2 Large Business
- 2.4.3 Others
- 2.5 SaaS-Based Expense Management Market Size by Application
- 2.5.1 Global SaaS-Based Expense Management Market Size Market Share by Application (2014-2019)
- 2.5.2 Global SaaS-Based Expense Management Market Size Growth Rate by Application (2014-2019)
3 Global SaaS-Based Expense Management by Players
- 3.1 Global SaaS-Based Expense Management Market Size Market Share by Players
- 3.1.1 Global SaaS-Based Expense Management Market Size by Players (2017-2019)
- 3.1.2 Global SaaS-Based Expense Management Market Size Market Share by Players (2017-2019)
- 3.2 Global SaaS-Based Expense Management Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 SaaS-Based Expense Management by Regions
- 4.1 SaaS-Based Expense Management Market Size by Regions
- 4.2 Americas SaaS-Based Expense Management Market Size Growth
- 4.3 APAC SaaS-Based Expense Management Market Size Growth
- 4.4 Europe SaaS-Based Expense Management Market Size Growth
- 4.5 Middle East & Africa SaaS-Based Expense Management Market Size Growth
5 Americas
- 5.1 Americas SaaS-Based Expense Management Market Size by Countries
- 5.2 Americas SaaS-Based Expense Management Market Size by Type
- 5.3 Americas SaaS-Based Expense Management Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC SaaS-Based Expense Management Market Size by Countries
- 6.2 APAC SaaS-Based Expense Management Market Size by Type
- 6.3 APAC SaaS-Based Expense Management Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe SaaS-Based Expense Management by Countries
- 7.2 Europe SaaS-Based Expense Management Market Size by Type
- 7.3 Europe SaaS-Based Expense Management Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa SaaS-Based Expense Management by Countries
- 8.2 Middle East & Africa SaaS-Based Expense Management Market Size by Type
- 8.3 Middle East & Africa SaaS-Based Expense Management Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global SaaS-Based Expense Management Market Forecast
- 10.1 Global SaaS-Based Expense Management Market Size Forecast (2019-2024)
- 10.2 Global SaaS-Based Expense Management Forecast by Regions
- 10.2.1 Global SaaS-Based Expense Management Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global SaaS-Based Expense Management Forecast by Type
- 10.8 Global SaaS-Based Expense Management Forecast by Application
11 Key Players Analysis
- 11.1 Concur Technologies
- 11.1.1 Company Details
- 11.1.2 SaaS-Based Expense Management Product Offered
- 11.1.3 Concur Technologies SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 Concur Technologies News
- 11.2 SAP Ariba
- 11.2.1 Company Details
- 11.2.2 SaaS-Based Expense Management Product Offered
- 11.2.3 SAP Ariba SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 SAP Ariba News
- 11.3 IBM
- 11.3.1 Company Details
- 11.3.2 SaaS-Based Expense Management Product Offered
- 11.3.3 IBM SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 IBM News
- 11.4 Infor
- 11.4.1 Company Details
- 11.4.2 SaaS-Based Expense Management Product Offered
- 11.4.3 Infor SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Infor News
- 11.5 Oracle
- 11.5.1 Company Details
- 11.5.2 SaaS-Based Expense Management Product Offered
- 11.5.3 Oracle SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 Oracle News
- 11.6 Apptricity
- 11.6.1 Company Details
- 11.6.2 SaaS-Based Expense Management Product Offered
- 11.6.3 Apptricity SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 Apptricity News
- 11.7 SumTotal Systems
- 11.7.1 Company Details
- 11.7.2 SaaS-Based Expense Management Product Offered
- 11.7.3 SumTotal Systems SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 SumTotal Systems News
- 11.8 Insperity
- 11.8.1 Company Details
- 11.8.2 SaaS-Based Expense Management Product Offered
- 11.8.3 Insperity SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 Insperity News
- 11.9 SuitSoft
- 11.9.1 Company Details
- 11.9.2 SaaS-Based Expense Management Product Offered
- 11.9.3 SuitSoft SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.9.4 Main Business Overview
- 11.9.5 SuitSoft News
- 11.10 Certify
- 11.10.1 Company Details
- 11.10.2 SaaS-Based Expense Management Product Offered
- 11.10.3 Certify SaaS-Based Expense Management Revenue, Gross Margin and Market Share (2017-2019)
- 11.10.4 Main Business Overview
- 11.10.5 Certify News
- 11.11 Expensify
- 11.12 Abacus
- 11.13 Nexonia
- 11.14 Unit4
- 11.15 Zoho Expense
- 11.16 Xpenditure
- 11.17 AccountSight
- 11.18 NetSuite
12 Research Findings and Conclusion
SaaS-based expense management includes the deployment of expense management systems as a web-based subscription service. This system helps in controlling and monitoring expense reports, thereby streamlining the business process and preventing fraud and human error. It also increases visibility across the entire reimbursement claim process, reducing travel costs and improving the efficiency of enterprises.
The SaaS-based system is operated by a third-party organization as opposed to the installation and maintenance of an on-site business system. SaaS-based expense management has succeeded in changing the procurement of expense management systems from a capital expenditure to a pay-per-use subscription arrangement.
In recent years, SAP acquired Ariba and Concur ,become the undisputed no.1 player, IBM is constantly strengthening cooperation with SAP, Oracle acquired NetSuite, K1 Investment Management combined Certify, Nexonia, ExpenseWatch and Tallie to create the largest independent company, consider other small companies, it's easy to forecast, the competition will be more intense
North America will remain the largest market.
China ---- the world's second largest economy will remain a high growth:
I. Local companies is smaller, it’s difficult to meet the requirements of large enterprises. some player can only supply standard version.
II.Affected by the traditional concept, most leaders of small and medium companies do not want to use management software, but now they began to realize the importance of software, and be willing to spend money.
III.With the development of China's economy, travel costs continue to increase, the market has been expanding.
According to this study, over the next five years the SaaS-Based Expense Management market will register a 8.0% CAGR in terms of revenue, the global market size will reach US$ 3000 million by 2024, from US$ 1890 million in 2019. In particular, this report presents the global revenue market share of key companies in SaaS-Based Expense Management business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of SaaS-Based Expense Management market by product type, application, key companies and key regions.
This study considers the SaaS-Based Expense Management value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Travel and Expense Management
Telecom Expense management
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Small and Medium Business
Large Business
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Concur Technologies
SAP Ariba
IBM
Infor
Oracle
Apptricity
SumTotal Systems
Insperity
SuitSoft
Certify
Expensify
Abacus
Nexonia
Unit4
Zoho Expense
Xpenditure
AccountSight
NetSuite
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global SaaS-Based Expense Management market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of SaaS-Based Expense Management market by identifying its various subsegments.
Focuses on the key global SaaS-Based Expense Management players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the SaaS-Based Expense Management with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of SaaS-Based Expense Management submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.