The Asia Pacific Travel and Expense Management Software Market would witness market growth of 15.5% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $825.9 million by 2031. The Japan market is registering a CAGR of 14.8% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 16.3% during (2024 - 2031).

The traditional travel and expense management approach often involved paper receipts, spreadsheets, and manual reconciliation, resulting in delayed reimbursements, financial discrepancies, and increased risks of fraudulent claims. Employees had to submit physical receipts, finance teams had to manually verify expenses, and management had to approve costs through a cumbersome, multi-step process.
Moreover, such outdated practices were inefficient, leading to policy violations, financial misreporting, and compliance challenges. To address these issues, businesses across various industries invest in cloud-based T&E software that automates the entire process, ensuring real-time tracking, automated policy enforcement, and seamless integration with corporate financial systems.
In China, the retail sector is fueling the demand for T&E management software as businesses focus on digitalization, supply chain efficiency, and cross-border e-commerce growth. In the initial half of 2024, the e-commerce sector in China experienced substantial expansion. According to data released by the Ministry of Commerce (MOC), online retail sales increased by 9.8 percent year over year to 7.1 trillion yuan (approximately 996 billion U.S. dollars). The retail sales of goods reached 5.96 trillion yuan, representing an 8.8 percent increase. With initiatives like Made in China 2025 and the 14th Five-Year Plan, the government encourages enterprises to adopt cloud-based financial management systems, streamlining business expenses, supplier reimbursements, and employee travel costs.
Free Valuable Insights: The Global Travel and Expense Management Software Market is Predict to reach USD 10.33 Billion by 2031, at a CAGR of 14.9%
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 China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
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
Asia Pacific Travel and Expense Management Software Market Report Segmentation
By Deployment Type
By Enterprise Size
By Vertical
- Telecom & IT
- Transportation & Logistics
- Manufacturing
- Retail
- Government & Defense
- Energy & Utilities
- Healthcare
- Other Vertical
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Hosted Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Hosted Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific On-Premise Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific On-Premise Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific SMEs Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific SMEs Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Telecom & IT Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Telecom & IT Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Transportation & Logistics Market by Country, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Transportation & Logistics Market by Country, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Retail Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Retail Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Government & Defense Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Government & Defense Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Energy & Utilities Market by Country, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Energy & Utilities Market by Country, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 32 Asia Pacific Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 33 Asia Pacific Travel and Expense Management Software Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Travel and Expense Management Software Market by Country, 2024 - 2031, USD Million
TABLE 35 China Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 36 China Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 37 China Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 38 China Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 39 China Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 40 China Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 41 China Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 42 China Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 43 Japan Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 44 Japan Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 45 Japan Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 46 Japan Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 47 Japan Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 48 Japan Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 49 Japan Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 50 Japan Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 51 India Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 52 India Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 53 India Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 54 India Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 55 India Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 56 India Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 57 India Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 58 India Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 59 South Korea Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 60 South Korea Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 61 South Korea Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 62 South Korea Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 63 South Korea Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 64 South Korea Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 65 South Korea Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 66 South Korea Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 67 Australia Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 68 Australia Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 69 Australia Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 70 Australia Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 71 Australia Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 72 Australia Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 73 Australia Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 74 Australia Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 75 Malaysia Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 76 Malaysia Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 77 Malaysia Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 78 Malaysia Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 79 Malaysia Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 80 Malaysia Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 81 Malaysia Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 82 Malaysia Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 83 Rest of Asia Pacific Travel and Expense Management Software Market, 2020 - 2023, USD Million
TABLE 84 Rest of Asia Pacific Travel and Expense Management Software Market, 2024 - 2031, USD Million
TABLE 85 Rest of Asia Pacific Travel and Expense Management Software Market by Deployment Type, 2020 - 2023, USD Million
TABLE 86 Rest of Asia Pacific Travel and Expense Management Software Market by Deployment Type, 2024 - 2031, USD Million
TABLE 87 Rest of Asia Pacific Travel and Expense Management Software Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 88 Rest of Asia Pacific Travel and Expense Management Software Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 89 Rest of Asia Pacific Travel and Expense Management Software Market by Vertical, 2020 - 2023, USD Million
TABLE 90 Rest of Asia Pacific Travel and Expense Management Software Market by Vertical, 2024 - 2031, USD Million
TABLE 91 Key Information – Oracle Corporation
TABLE 92 Key Information – SAP SE
TABLE 93 Key Information – Infor, Inc.
TABLE 94 Key information – Coupa Software, Inc.
TABLE 95 Key Information – Zoho Corporation Pvt. Ltd.
TABLE 96 Key information – Emburse, Inc.
TABLE 97 Key Information – expensify, inc.
TABLE 98 Key Information – Navan, Inc.
TABLE 99 Key Information – Ariett
TABLE 100 Key Information – Rippling
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Travel and Expense Management Software Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Travel and Expense Management Software Market
FIG 4 Porter’s Five Forces Analysis – Network Engineering Services Market
FIG 5 Asia Pacific Travel and Expense Management Software Market share by Deployment Type, 2023
FIG 6 Asia Pacific Travel and Expense Management Software Market share by Deployment Type, 2031
FIG 7 Asia Pacific Travel and Expense Management Software Market by Deployment Type, 2020 - 2031, USD Million
FIG 8 Asia Pacific Travel and Expense Management Software Market share by Enterprise Size, 2023
FIG 9 Asia Pacific Travel and Expense Management Software Market share by Enterprise Size, 2031
FIG 10 Asia Pacific Travel and Expense Management Software Market by Enterprise Size, 2020 - 2031, USD Million
FIG 11 Asia Pacific Travel and Expense Management Software Market share by Vertical, 2023
FIG 12 Asia Pacific Travel and Expense Management Software Market share by Vertical, 2031
FIG 13 Asia Pacific Travel and Expense Management Software Market by Vertical, 2020 - 2031, USD Million
FIG 14 Asia Pacific Travel and Expense Management Software Market share by Country, 2023
FIG 15 Asia Pacific Travel and Expense Management Software Market share by Country, 2031
FIG 16 Asia Pacific Travel and Expense Management Software Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Oracle Corporation
FIG 18 SWOT Analysis: SAP SE
FIG 19 SWOT Analysis: Infor, Inc.
FIG 20 SWOT Analysis: Emburse, Inc.