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Global Business travel Market 2025-2029

Publisher TechNavio
Published Jan 31, 2025
Length 204 Pages
SKU # INF19584562

Description

Business Travel Market 2025-2029

The business travel market is forecasted to grow by USD 4867.6 billion during 2024-2029, accelerating at a CAGR of 38.3% during the forecast period. The report on the business travel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing technological advances, digitalization of travel payments, and availability of business services in hotels.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's business travel market is segmented as below:

By Application
  • Marketing
  • Internal meeting
  • Trade show
  • Product launch
By Type
  • Travel fare
  • Lodging
  • Dining
  • Others
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the growing preference of consumers to book through online travel agencies as one of the prime reasons driving the business travel market growth during the next few years. Also, personalization of guest data in hotels and growing demand for leisure travel will lead to sizable demand in the market.

The report on the business travel market covers the following areas:
  • Business Travel Market sizing
  • Business Travel Market forecast
  • Business Travel Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading business travel market vendors that include ADTRAV Corp., Airbnb Inc., American Express Global Business Travel GBT, ATG Travel Worldwide BV, BCD Travel Services BV, Booking Holdings Inc., Christopherson Business Travel, CWT Global BV, Direct Travel Inc., Fareportal Inc., FCM Travel Solutions, Flight Centre Travel Group Ltd., JPMorgan Chase and Co., JTBUSA Inc., MakeMyTrip Ltd., Omega World Travel Inc., Travel Leaders Group Holdings LLC, UNIGLOBE Travel International Limited Partnership, Walmart Inc., and WexasA Ltd.. Also, the business travel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

204 Pages
    • Market overview
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
    • Global Business Travel Market 2019 - 2023
    • Application segment analysis 2019 - 2023
    • Type segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
    • Impact of AI on global business travel market
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Application
    • Marketing - Market size and forecast 2024-2029
    • Internal meeting - Market size and forecast 2024-2029
    • Trade show - Market size and forecast 2024-2029
    • Product launch - Market size and forecast 2024-2029
    • Market opportunity by Application
    • Market segments
    • Comparison by Type
    • Travel fare - Market size and forecast 2024-2029
    • Lodging - Market size and forecast 2024-2029
    • Dining - Market size and forecast 2024-2029
    • Others - Market size and forecast 2024-2029
    • Market opportunity by Type
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2024-2029
    • Europe - Market size and forecast 2024-2029
    • North America - Market size and forecast 2024-2029
    • South America - Market size and forecast 2024-2029
    • Middle East and Africa - Market size and forecast 2024-2029
    • US - Market size and forecast 2024-2029
    • China - Market size and forecast 2024-2029
    • Japan - Market size and forecast 2024-2029
    • Germany - Market size and forecast 2024-2029
    • India - Market size and forecast 2024-2029
    • UK - Market size and forecast 2024-2029
    • Canada - Market size and forecast 2024-2029
    • France - Market size and forecast 2024-2029
    • Italy - Market size and forecast 2024-2029
    • Brazil - Market size and forecast 2024-2029
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • ADTRAV Corp.
    • Airbnb Inc.
    • American Express Global Business Travel GBT
    • ATG Travel Worldwide BV
    • BCD Travel Services BV
    • Booking Holdings Inc.
    • Christopherson Business Travel
    • CWT Global BV
    • Direct Travel Inc.
    • Fareportal Inc.
    • Flight Centre Travel Group Ltd.
    • JPMorgan Chase and Co.
    • JTBUSA Inc.
    • MakeMyTrip Ltd.
    • Travel Leaders Group Holdings LLC
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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