North America Travel and Expense Management Software Market Size, Share & Trends Analysis Report By Deployment Type (Hosted and On-Premise), By Enterprise Size, By Vertical, By Country and Growth Forecast, 2024

List of Tables

The North America Travel and Expense Management Software Market would witness market growth of 14.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Travel and Expense Management Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,665.5 million by 2031. The Canada market is experiencing a CAGR of 16.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 15.8% during (2024 - 2031).

The travel and expense management software market are undergoing substantial growth as businesses progressively transition to cloud-based solutions, automation, and digitization to optimize their financial processes. Managing travel expenses manually is time-consuming, error-prone, and inefficient, leading companies to seek advanced software solutions that offer seamless tracking, automated approvals, and real-time reporting.

Additionally, with the rise in corporate travel, remote work, and hybrid work models, organizations are adopting AI-driven and cloud-based expense management platforms to enhance accuracy, reduce fraud, and ensure compliance with financial regulations. The growing need for cost control, transparency, and efficient financial management has propelled the market, making it an essential component for modern businesses.

Canada's transportation and logistics industry is critical in driving the demand for T&E management solutions. In 2023, Canada's merchandise trade with the U.S. exceeded CAD 700 billion, necessitating seamless cross-border logistics. The National Trade Corridors Fund (NTCF)-which allocated CAD 2 billion to improve trade corridors-has contributed to the growth of freight and logistics services, resulting in increased employee travel and expense management challenges. The Canadian government's emphasis on digital adoption and cloud-based business solutions through programs like the Canada Digital Adoption Program (CDAP) has further accelerated the implementation of AI-driven T&E management software, allowing logistics companies to optimize costs and improve operational efficiency.

Based on Deployment Type, the market is segmented into Hosted and On-Premise. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into Telecom & IT, Transportation & Logistics, Manufacturing, Retail, Government & Defense, Energy & Utilities, Healthcare, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Oracle Corporation
SAP SE
Infor, Inc.
Coupa Software, Inc.
Zoho Corporation Pvt. Ltd.
Emburse, Inc. (Certify)
Expensify, Inc.
Navan, Inc.
Ariett (AvidXchange)
Rippling

North America Travel and Expense Management Software Market Report Segmentation

By Deployment Type

Hosted
On-Premise

By Enterprise Size

Large Enterprises
SMEs

By Vertical

Telecom & IT
Transportation & Logistics
Manufacturing
Retail
Government & Defense
Energy & Utilities
Healthcare
Other Vertical

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Travel and Expense Management Software Market, by Deployment Type
- 1.4.2 North America Travel and Expense Management Software Market, by Enterprise Size
- 1.4.3 North America Travel and Expense Management Software Market, by Vertical
- 1.4.4 North America Travel and Expense Management Software Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Travel and Expense Management Software Market by Deployment Type

4.1 North America Hosted Market by Region
4.2 North America On-Premise Market by Region

Chapter 5. North America Travel and Expense Management Software Market by Enterprise Size

5.1 North America Large Enterprises Market by Country
5.2 North America SMEs Market by Country

Chapter 6. North America Travel and Expense Management Software Market by Vertical

6.1 North America Telecom & IT Market by Country
6.2 North America Transportation & Logistics Market by Country
6.3 North America Manufacturing Market by Country
6.4 North America Retail Market by Country
6.5 North America Government & Defense Market by Country
6.6 North America Energy & Utilities Market by Country
6.7 North America Healthcare Market by Country
6.8 North America Other Vertical Market by Country

Chapter 7. North America Travel and Expense Management Software Market by Country

7.1 US Travel and Expense Management Software Market
- 7.1.1 US Travel and Expense Management Software Market by Deployment Type
- 7.1.2 US Travel and Expense Management Software Market by Enterprise Size
- 7.1.3 US Travel and Expense Management Software Market by Vertical
7.2 Canada Travel and Expense Management Software Market
- 7.2.1 Canada Travel and Expense Management Software Market by Deployment Type
- 7.2.2 Canada Travel and Expense Management Software Market by Enterprise Size
- 7.2.3 Canada Travel and Expense Management Software Market by Vertical
7.3 Mexico Travel and Expense Management Software Market
- 7.3.1 Mexico Travel and Expense Management Software Market by Deployment Type
- 7.3.2 Mexico Travel and Expense Management Software Market by Enterprise Size
- 7.3.3 Mexico Travel and Expense Management Software Market by Vertical
7.4 Rest of North America Travel and Expense Management Software Market
- 7.4.1 Rest of North America Travel and Expense Management Software Market by Deployment Type
- 7.4.2 Rest of North America Travel and Expense Management Software Market by Enterprise Size
- 7.4.3 Rest of North America Travel and Expense Management Software Market by Vertical

Chapter 8. Company Profiles

8.1 Oracle Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 Recent strategies and developments:
  - 8.1.5.1 Product Launches and Product Expansions:
- 8.1.6 SWOT Analysis
8.2 SAP SE
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Regional Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 Recent strategies and developments:
  - 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.6 SWOT Analysis
8.3 Infor, Inc. (Koch Industries)
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
8.4 Coupa Software, Inc.
- 8.4.1 Company Overview
8.5 Zoho Corporation Pvt. Ltd.
- 8.5.1 Company Overview
8.6 Emburse, Inc. (Certify)
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
8.7 Expensify, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Regional Analysis
- 8.7.4 Research & Development Expenses
8.8 Navan, Inc.
- 8.8.1 Company Overview
8.9 Ariett (AvidXchange)
- 8.9.1 Company Overview
8.10. Rippling
- 8.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 2 North America Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 3 North America Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 4 North America Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 5 North America Hosted Market by Region, 2020 - 2023, USD Million
TABLE 6 North America Hosted Market by Region, 2024 - 2031, USD Million
TABLE 7 North America On-Premise Market by Region, 2020 - 2023, USD Million
TABLE 8 North America On-Premise Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 10 North America Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 11 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 13 North America SMEs Market by Country, 2020 - 2023, USD Million
TABLE 14 North America SMEs Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 16 North America Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 17 North America Telecom & IT Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Telecom & IT Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Transportation & Logistics Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Transportation & Logistics Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Government & Defense Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Government & Defense Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Travel and Expense Management Software Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Travel and Expense Management Software Market by Country, 2024 - 2031, USD Million
TABLE 35 US Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 36 US Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 37 US Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 38 US Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 39 US Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 40 US Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 41 US Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 42 US Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 43 Canada Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 44 Canada Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 45 Canada Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 46 Canada Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 47 Canada Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 48 Canada Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 49 Canada Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 50 Canada Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 51 Mexico Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 52 Mexico Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 53 Mexico Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 54 Mexico Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 55 Mexico Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 56 Mexico Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 57 Mexico Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 58 Mexico Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 59 Rest of North America Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 60 Rest of North America Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 61 Rest of North America Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 62 Rest of North America Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 63 Rest of North America Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 64 Rest of North America Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 65 Rest of North America Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 66 Rest of North America Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 67 Key Information - Oracle Corporation
TABLE 68 Key Information - SAP SE
TABLE 69 Key Information - Infor, Inc.
TABLE 70 Key information - Coupa Software, Inc.
TABLE 71 Key Information - Zoho Corporation Pvt. Ltd.
TABLE 72 Key information - Emburse, Inc.
TABLE 73 Key Information - expensify, inc.
TABLE 74 Key Information - Navan, Inc.
TABLE 75 Key Information - Ariett
TABLE 76 Key Information - Rippling

North America Travel and Expense Management Software Market Size, Share & Trends Analysis Report By Deployment Type (Hosted and On-Premise), By Enterprise Size, By Vertical, By Country and Growth Forecast, 2024 - 2031

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