- +1 (669)-293-6007
- [email protected]
- 3080 Olcott St D205, Santa Clara, CA 95054, United States
Our research covers 210 companies that use WEX, predominantly located in the United States and engaged in Financial Services. Typically, these businesses employ 100 to 500 people and have revenues between $500 million and $1 billion. This data dates back two years and three months.
If you’re interested in companies utilizing Wex, it may be beneficial to also consider WooCommerce and Magento.
WEX, officially known as Wright Express Corporation, is a dynamic global commerce platform designed to simplify business operations complexities. From managing employee benefits to streamlining fleet management and payment processing, Wex is here to help.
Wex is dedicated to streamlining processes for businesses of all sizes, ensuring fleet management is easier and more efficient than ever.
WEX provides financial technology solutions for a diverse range of industries. Its services are particularly valued for their efficiency in payment processing and fleet management.
We apply advanced data science and indexing methods to track the market share of over 15,000 technology products, including those in the eCommerce sector. By analyzing billions of public documents, we collect detailed insights on each company, averaging over 100 data points per organization. Currently, WEX commands a market share of about 0.1% in the eCommerce category.
Wex is utilized in industries such as transportation and logistics for fleet management and by healthcare organizations for payment processing. Retail, construction, e-commerce, government, and hospitality sectors also rely on Wex to streamline operations and manage vehicle fleets efficiently.
Wex caters to various industries, with the largest segments being Transportation and Logistics (15%), Healthcare (10%), and Retail (9%). Financial Services and Government Administration each make up (8%), while E-commerce accounts for (7%).
Wex is primarily used in the United States and accounts for most of its customer base. Other notable countries include Canada and the United Kingdom, where Wex supports businesses in effectively managing fleet operations and payment solutions.
Approximately 78% of Wex customers are based in the United States, while the remaining 22% are distributed across countries such as Canada, the United Kingdom, and Australia, highlighting WEX expanding international presence.
The analysis of companies using Wex by size reveals that 40% have between 100 and 500 employees, while 30% have 50 to 100 employees. Firms with 500 to 1,000 employees represent 15%, and those with over 1,000 account for 10%. This distribution emphasizes Wex’s attractiveness to small and medium-sized enterprises and larger organizations.
Approximately 25% of WEX customers are small businesses (<50 employees), 55% are medium-sized companies (50-500 employees), and 20% are large enterprises (>500 employees).
The revenue distribution of companies using Wex reveals that 20% earn under $1 million, 40% fall between $1 million and $10 million, and 25% generate $10 million to $100 million. Additionally, 10% reported revenues of $100 million to $1 billion, while 5% exceeded $1 billion. This highlights Wex’s diverse clientele, catering to small and more significant enterprises.
In conclusion, WEX stands out as a vital partner for businesses and companies across various industries, offering innovative financial technology solutions that enhance operational efficiency and streamline payment processes. With a diverse clientele, primarily consisting of small to medium-sized enterprises and larger organizations, WEX effectively addresses the unique needs of sectors such as transportation, healthcare, and retail. As the company continues to grow its presence, particularly in the U.S. market, its commitment to cost-effective solutions, robust security measures, and advanced analytics positions it as a critical player in the evolving landscape of financial services. For organizations seeking to optimize fleet management and enhance payment processing, WEX offers an indispensable toolkit for driving success and achieving greater operational effectiveness.
Mark Felix brings a unique blend of tech expertise and marketing know-how to his role at TechDataPark. With a background in data analytics and technology marketing, Mark is skilled at helping businesses leverage targeted tech users lists to expand their reach and drive conversions. His data-driven approach enables him to craft compelling marketing strategies that resonate with tech audiences. Outside of work, Mark enjoys staying on top of cutting-edge technology trends and exploring how data continues to transform the marketing landscape.
TechDataPark is your trusted partner for fueling marketing success and driving business growth. We provide the most accurate B2B technographic data, ensuring prompt delivery and exceptional response rate.
Our database is sourced from reliable data repositories and is offered at competitive market prices.
Copyright © 2024 TechDataPark | Powered by Spokesly Inc. All Rights Reserved.