Worldwide Travel and Expense Management Software Market Shares, 2020: Travel Down But New Opportunities Emerge

Worldwide Travel and Expense Management Software Market Shares, 2020: Travel Down But New Opportunities Emerge

This IDC study reviews the competitive market for travel and expense (T&E) management software in 2020."While business travel was down, many organizations took time to update/augment their expense management systems and accelerate their digital transformation journeys. Those T&E vendors that have either deep integrations or native expense management functionality were able to find pockets of growth, even amid the global travel slowdown," said Kevin M. Permenter, research manager for Enterprise Applications with IDC.

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