Business Travel Market Share, Size, and Trends by 2027
Business Travel Market: Strategic Insights
Business Travel Market
-
CAGR (2018 - 2027)4.9% -
Market Size 2018
US$ 1.37 Trillion -
Market Size 2027
US$ 2.09 Trillion
Market Dynamics
GROWTH DRIVERS
- Expansion of global business travel
- Increasing globalization of businesses
FUTURE TRENDS
- Rise of business travel technology and apps
- Focus on seamless travel experiences
OPPORTUNITIES
- Emerging travel markets post-pandemic
- Focus on eco-friendly and cost-efficient travel options
Key Players
- American Express Global Business Travel
- BCD Group
- Booking Holdings Inc
- Corporate Travel Management
- CWT
- Direct Travel Inc
- Expedia Group
- Fareportal
- Flight Centre Travel Group Limited
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Industry
- Government and Corporate
Service
- Transportation
- Food & Accommodation
- Recreation Activity
Traveler
- Group and Solo