The Latin America, Middle East and Africa SaaS-based Expense Management Market would witness market growth of 17.8% CAGR during the forecast period (2022-2028).
When the accounting software can cooperate and interact with other software, accountants are freed from this time-consuming chore. Modern cloud-based payment systems recognize this bottleneck due to their adaptability and overcome it by reconciling either automatically or manually.
Along with the details of the important bank accounts, the accounting data also includes the sensitive information of the consumers and merchants. Data security & privacy in the transaction can only be guaranteed by a reliable and secure platform. Since they are locked safely in a virtual world rather than being installed on a system, cloud-based applications are safer in this regard. Systems are vulnerable to ransomware assaults, viruses, and manual destruction. The same is true of manual storage, which does not even allow for the encryption that the former did.
Businesses have the choice of reporting expenses by project, employee, or category. Analytics & reporting give a real-time view of the company's expenses. The automated expense software compiles all of the business's expenditures into a single report. The software also aids in identifying high-spenders among employees, discounts on utilities, & motivating staff to cut back on spending.
The Information and Communication Technology (ICT) sector faces competition in the UAE, a major hub for international trade & business in the LAMEA region. Various initiatives are taken by the governments of different countries in LAMEA region that are aimed to create a competitive knowledge economy and an open, effective, & globally integrated business environment in an effort to lessen reliance on oil revenue & expand the private sector. To encourage the growth of the knowledge economy, the United Arab Emirates government is implementing a number of actions.
The Brazil market dominated the LAMEA SaaS-based Expense Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $142.2 million by 2028. The Argentina market is experiencing a CAGR of 18.4% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 17.4% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into Telecom & IT, BFSI, Manufacturing, Retail & Ecommerce, Government & Public Sector, Healthcare & Life Sciences, Media & Entertainment, Energy & Utilities, Travel & Tourism, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Type, the market is segmented into Travel & Expense Management and Telecom Expense management. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global SaaS-based Expense Management Market is Predict to reach $6.6 Billion by 2028, at a CAGR of 11.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, IBM Corporation, SAP SE, Apptricity Corporation, Insperity, Inc., SutiSoft Inc., Emburse, Inc. (Certify), Infor, Inc. (Koch Industries), and Zoho Corporation Pvt. ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Vertical
- Telecom & IT
- BFSI
- Manufacturing
- Retail & Ecommerce
- Government & Public Sector
- Healthcare & Life Sciences
- Media & Entertainment
- Energy & Utilities
- Travel & Tourism
- Others
By Organization size
By Type
- Travel & Expense Management
- Telecom Expense management
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- IBM Corporation
- SAP SE
- Apptricity Corporation
- Insperity, Inc.
- SutiSoft Inc.
- Emburse, Inc. (Certify)
- Infor, Inc. (Koch Industries)
- Zoho Corporation Pvt. ltd.
TABLE 1 LAMEA Prescription Lens Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Prescription Lens Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Prescription Lens Market by Coating, 2018 - 2021, USD Million
TABLE 4 LAMEA Prescription Lens Market by Coating, 2022 - 2028, USD Million
TABLE 5 LAMEA Anti-reflective Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Anti-reflective Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Scratch Resistant Coating Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Scratch Resistant Coating Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Anti-fog Coating Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Anti-fog Coating Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Ultraviolet Treatment Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Ultraviolet Treatment Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Prescription Lens Market by Application, 2018 - 2021, USD Million
TABLE 14 LAMEA Prescription Lens Market by Application, 2022 - 2028, USD Million
TABLE 15 LAMEA Myopia Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Myopia Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Hyperopia/Hypermetropia Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Hyperopia/Hypermetropia Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Astigmatism Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Astigmatism Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Presbyopia Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Presbyopia Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Prescription Lens Market by Type, 2018 - 2021, USD Million
TABLE 24 LAMEA Prescription Lens Market by Type, 2022 - 2028, USD Million
TABLE 25 LAMEA Single Vision Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Single Vision Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Workspace Progressives Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Workspace Progressives Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Progressive Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Progressive Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Trifocal Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Trifocal Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Bifocal Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Bifocal Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Prescription Lens Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Prescription Lens Market by Country, 2022 - 2028, USD Million
TABLE 39 Brazil Prescription Lens Market, 2018 - 2021, USD Million
TABLE 40 Brazil Prescription Lens Market, 2022 - 2028, USD Million
TABLE 41 Brazil Prescription Lens Market by Coating, 2018 - 2021, USD Million
TABLE 42 Brazil Prescription Lens Market by Coating, 2022 - 2028, USD Million
TABLE 43 Brazil Prescription Lens Market by Application, 2018 - 2021, USD Million
TABLE 44 Brazil Prescription Lens Market by Application, 2022 - 2028, USD Million
TABLE 45 Brazil Prescription Lens Market by Type, 2018 - 2021, USD Million
TABLE 46 Brazil Prescription Lens Market by Type, 2022 - 2028, USD Million
TABLE 47 Argentina Prescription Lens Market, 2018 - 2021, USD Million
TABLE 48 Argentina Prescription Lens Market, 2022 - 2028, USD Million
TABLE 49 Argentina Prescription Lens Market by Coating, 2018 - 2021, USD Million
TABLE 50 Argentina Prescription Lens Market by Coating, 2022 - 2028, USD Million
TABLE 51 Argentina Prescription Lens Market by Application, 2018 - 2021, USD Million
TABLE 52 Argentina Prescription Lens Market by Application, 2022 - 2028, USD Million
TABLE 53 Argentina Prescription Lens Market by Type, 2018 - 2021, USD Million
TABLE 54 Argentina Prescription Lens Market by Type, 2022 - 2028, USD Million
TABLE 55 UAE Prescription Lens Market, 2018 - 2021, USD Million
TABLE 56 UAE Prescription Lens Market, 2022 - 2028, USD Million
TABLE 57 UAE Prescription Lens Market by Coating, 2018 - 2021, USD Million
TABLE 58 UAE Prescription Lens Market by Coating, 2022 - 2028, USD Million
TABLE 59 UAE Prescription Lens Market by Application, 2018 - 2021, USD Million
TABLE 60 UAE Prescription Lens Market by Application, 2022 - 2028, USD Million
TABLE 61 UAE Prescription Lens Market by Type, 2018 - 2021, USD Million
TABLE 62 UAE Prescription Lens Market by Type, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Prescription Lens Market, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Prescription Lens Market, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Prescription Lens Market by Coating, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Prescription Lens Market by Coating, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Prescription Lens Market by Application, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Prescription Lens Market by Application, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Prescription Lens Market by Type, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Prescription Lens Market by Type, 2022 - 2028, USD Million
TABLE 71 South Africa Prescription Lens Market, 2018 - 2021, USD Million
TABLE 72 South Africa Prescription Lens Market, 2022 - 2028, USD Million
TABLE 73 South Africa Prescription Lens Market by Coating, 2018 - 2021, USD Million
TABLE 74 South Africa Prescription Lens Market by Coating, 2022 - 2028, USD Million
TABLE 75 South Africa Prescription Lens Market by Application, 2018 - 2021, USD Million
TABLE 76 South Africa Prescription Lens Market by Application, 2022 - 2028, USD Million
TABLE 77 South Africa Prescription Lens Market by Type, 2018 - 2021, USD Million
TABLE 78 South Africa Prescription Lens Market by Type, 2022 - 2028, USD Million
TABLE 79 Nigeria Prescription Lens Market, 2018 - 2021, USD Million
TABLE 80 Nigeria Prescription Lens Market, 2022 - 2028, USD Million
TABLE 81 Nigeria Prescription Lens Market by Coating, 2018 - 2021, USD Million
TABLE 82 Nigeria Prescription Lens Market by Coating, 2022 - 2028, USD Million
TABLE 83 Nigeria Prescription Lens Market by Application, 2018 - 2021, USD Million
TABLE 84 Nigeria Prescription Lens Market by Application, 2022 - 2028, USD Million
TABLE 85 Nigeria Prescription Lens Market by Type, 2018 - 2021, USD Million
TABLE 86 Nigeria Prescription Lens Market by Type, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Prescription Lens Market, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Prescription Lens Market, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Prescription Lens Market by Coating, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Prescription Lens Market by Coating, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Prescription Lens Market by Application, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Prescription Lens Market by Application, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Prescription Lens Market by Type, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Prescription Lens Market by Type, 2022 - 2028, USD Million
TABLE 95 Key Information – EssilorLuxottica SA
TABLE 96 Key Information – Carl Zeiss AG
TABLE 97 Key Information – Hoya Corporation
TABLE 98 Key Information – VISION EASE
TABLE 99 Key Information – Privé Revaux
TABLE 100 Key Information – Vision Rx Lab Pvt. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: EssilorLuxottica SA
FIG 3 Recent strategies and developments: Carl Zeiss AG