PUBLISHER: The Business Research Company | PRODUCT CODE: 1686369
PUBLISHER: The Business Research Company | PRODUCT CODE: 1686369
Expense Tracker Apps Global Market Report 2025
Expense tracker apps are software tools designed to help individuals or businesses monitor and manage their financial transactions. These apps typically enable users to track their income, expenses, and other financial activities, providing valuable insights into their spending habits, budgeting, and overall financial well-being.
Expense tracker apps are available on two main platforms such as mobile and web-based. Mobile apps are software programs intended for installation and use on mobile devices such as smartphones and tablets. They often offer subscription models such as freemium and premium, providing a range of functionalities such as basic expense tracking, financial analytics, and receipt scanning and management. These apps cater to a diverse range of end-users, including individuals for personal finance management and businesses for expense tracking purposes.
The expense tracker apps market research report is one of a series of new reports from The Business Research Company that provides expense tracker apps market statistics, including expense tracker apps industry global market size, regional shares, competitors with a expense tracker apps market share, detailed expense tracker apps market segments, market trends and opportunities, and any further data you may need to thrive in the expense tracker apps industry. This expense tracker apps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The expense tracker apps market size has grown rapidly in recent years. It will grow from $9.67 billion in 2024 to $10.93 billion in 2025 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to smartphone proliferation, increased financial awareness, rise in digital banking, security, and privacy concerns, and rise of the gig economy.
The expense tracker apps market size is expected to see rapid growth in the next few years. It will grow to $17.75 billion in 2029 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to integration with the financial ecosystem, the emergence of open banking, expansion into emerging markets, focus on user education and engagement, and focus on financial wellness. Major trends in the forecast period include AI-powered insights, blockchain integration, subscription management, augmented reality (AR) features, voice-activated assistants, and collaborative budgeting.
The expense tracker app market is poised for growth, propelled by the increasing penetration of smartphones. Smartphone user penetration, denoting the percentage of individuals using smartphones within the total population, is on the rise due to various factors such as affordability, internet accessibility, and expanding mobile ecosystems. This trend is fostering a larger user base for expense tracker apps. These apps empower users to manage expenses, create budgets, and gain insights into spending habits conveniently through their smartphones or tablets. They offer functionalities such as expense categorization, budget setting, and notifications for upcoming payments or unusual spending patterns. For example, in February 2024, Uswitch Limited reported a significant increase in mobile connections in the UK, projecting a substantial portion of the population to be smartphone users by 2025. This surge in smartphone user penetration is a key driver behind the expansion of the expense tracker app market.
Leading players in the expense tracker app market are focusing on product innovation to enhance financial control and efficiency. One notable advancement is the development of expense management solutions, which simplify and automate expense tracking, submission, approval, and reimbursement processes. For instance, in July 2023, Justworks introduced Expenses, an expense management tool tailored for its PEO customers. This tool streamlines cost reimbursement and payroll processing, allowing administrators to create approval workflows and unique rules for easier reconciliation. Employees can conveniently create expenses using the Justworks mobile app by capturing photos of receipts. Justworks designed Expenses to integrate seamlessly, reduce errors, and offer an intuitive solution without the need for additional expense management software.
In March 2024, BetterCloud, a US-based software company, acquired G2 Track from G2.com, Inc. for an undisclosed sum. This acquisition provides BetterCloud's customers with improved visibility and automation tools, enabling IT teams to play a key role as trusted advisors in tech spending decisions and driving efficient growth within organizations. G2.com, Inc. is a US-based provider of business software and services specializing in spend and expense tracking solutions.
Major companies operating in the expense tracker apps market are Zoho Corporation Pvt. Ltd., SAP SE, Sodexo Motivation Solutions UK Limited, Intuit Inc., Paycom Software Inc., LendingTree LLC, Xero Limited, Expensify Inc., Fresh Books, You Need A Budget LLC, Spendesk, Tiller LLC, Realbyte Inc., Dayspring Technologies Private Limited, Cleevio s.r.o, Everlance Inc., Hurdlr Inc., PocketGuard Inc., WalletIQ Inc., Abacus Labs Inc., Truebill Inc., Wave Financial Inc., Ramsey Solutions Inc., Emburse Holdings Inc., Shoeboxed Inc.
North America was the largest region in the expense tracker apps market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the expense tracker apps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the expense tracker apps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The expense tracker apps market includes revenues earned by entities by providing services such as receipt scanning, bank account integration, reporting and analytics, bill reminders, and customization options. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Expense Tracker Apps Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on expense tracker apps market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Scope
Table of Contents
1. Executive Summary
2. Expense Tracker Apps Market Characteristics
3. Expense Tracker Apps Market Trends And Strategies
4. Expense Tracker Apps Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Expense Tracker Apps Growth Analysis And Strategic Analysis Framework
- 5.1. Global Expense Tracker Apps PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Expense Tracker Apps Market Growth Rate Analysis
- 5.4. Global Expense Tracker Apps Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Expense Tracker Apps Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Expense Tracker Apps Total Addressable Market (TAM)
6. Expense Tracker Apps Market Segmentation
7. Expense Tracker Apps Market Regional And Country Analysis
8. Asia-Pacific Expense Tracker Apps Market
9. China Expense Tracker Apps Market
10. India Expense Tracker Apps Market
11. Japan Expense Tracker Apps Market
12. Australia Expense Tracker Apps Market
13. Indonesia Expense Tracker Apps Market
14. South Korea Expense Tracker Apps Market
15. Western Europe Expense Tracker Apps Market
16. UK Expense Tracker Apps Market
17. Germany Expense Tracker Apps Market
18. France Expense Tracker Apps Market
19. Italy Expense Tracker Apps Market
20. Spain Expense Tracker Apps Market
21. Eastern Europe Expense Tracker Apps Market
22. Russia Expense Tracker Apps Market
23. North America Expense Tracker Apps Market
24. USA Expense Tracker Apps Market
25. Canada Expense Tracker Apps Market
26. South America Expense Tracker Apps Market
27. Brazil Expense Tracker Apps Market
28. Middle East Expense Tracker Apps Market
29. Africa Expense Tracker Apps Market
30. Expense Tracker Apps Market Competitive Landscape And Company Profiles
31. Expense Tracker Apps Market Other Major And Innovative Companies
32. Global Expense Tracker Apps Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Expense Tracker Apps Market
34. Recent Developments In The Expense Tracker Apps Market
35. Expense Tracker Apps Market High Potential Countries, Segments and Strategies
36. Appendix
