IDC: SAP Tops 2022 Travel and Expense Management Software Market with 49.4% Share
An IDC report shows SAP maintained the No. 1 ranking in the 2022 travel and expense management software market with 49.4% share, $1.281 billion in revenue, and 16.3% year-over-year growth. It also cites the 2023 Global Business Travel Survey finding that 67% of global business travelers are very willing to travel for work in the next 12 months, and a 30% increase in U.S. airline passengers between 2021 and 2022.
Impact and considerations
The travel and expense management software market is highly concentrated, and the leading vendor's scale and growth data can inform corporate T&E platform selection and negotiation.
Key points
- The IDC report shows SAP maintained the No. 1 ranking in the 2022 travel and expense management software market with 49.4% share.
- SAP's travel and expense business generated $1.281 billion in revenue in 2022, up 16.3% year over year.
- The 2023 Global Business Travel Survey found 67% of global business travelers are very willing to travel for work in the next 12 months, up 12 percentage points.
- The IDC report cites U.S. Bureau of Transportation data showing U.S. airline passengers increased 30% between 2021 and 2022.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 19 Oct 2023, 20:59
- Page published
- 14 Aug 2026, 08:21
- Last updated
- 19 Oct 2023, 20:59
- Original links
- SAP Concur Blog：SAP Ranks No. 1 in 2022 Market Share for Travel and Expense Management Software (opens in a new tab)Primary source · en · Published 19 Oct 2023, 20:59