This IDC market share report reviews the competitive market for travel and expense (T&E) management software in 2021. SAP continues to be ranked #1 in T&E technology, with 49% total 2021 market share.
The surge in travel activity along with new complications from persistent COVID-19 pandemic restrictions and policy changes put strain on finance leaders and travel managers. SAP Concur solutions offer an integrated global T&E platform and among the Concur Travel is the largest online booking tool (OBT) in the world. Our depth of experience and our scale enable us to keep on top of continuously evolving global complexities and compliance requirements, from digital tax compliance to receipt handling to validation for tax reclaim purposes. Our ongoing conversations and innovations with customers, TMCs, suppliers, partners, and others are helping us to deliver a better experience in this pivotal moment in time for businesses.
For more details, download the IDC Worldwide Travel and Expense Management Software Market Shares, 2021 report excerpt.