Corporate Travel Market Research Reports & Industry Analysis
This study found that while U.S. and Western European business travel markets were steady, the real growth can be found in the “BRIC” countries (Brazil, India and China; Russia is likely to be a more volatile location).
However, the industry still faces challenges. Conferencing technology, whether over the phone, video or through the internet by services such as Skype, offer a low- or even no-cost alternative to travel. Such options are proving attractive to budget-conscious corporations, which may prefer staff to meet remotely than spend the money for in-person meetings.
Rely on MarketResearch.com’s catalog of market research studies to keep you abreast of the resurgent corporate travel industry. Our studies examine broad global and industry trends, as well as reports examining consumer preferences when planning business travel.
Corporate Travel Industry Research & Market Reports
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Worldwide Travel and Expense Management Software Market Shares, 2023: Resurgence of Business Travel Heralds a New Chapter in Travel and Expense Software
... software for 2023."In a world in which digital meetings were poised to dominate, the unexpected resurgence of business travel heralds a new chapter, emphasizing the irreplaceable value of human connection amidst rising costs and economic ... Read More
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Boutique Hotel Market Size, Share & Trends Analysis Report By Type (Luxury, Mid-Scale, Budget) By Traveler Type (Leisure Travelers, Business Travelers), By Booking Mode (Direct Booking, Travel Agents), By Region, And Segment Forecasts, 2024 - 2030
... 2030 Boutique Hotel Market Growth & Trends The global boutique hotel market is anticipated to reach USD 40.26 billion by 2030, exhibiting a CAGR of 7.1% during the forecast period, i.e. 2024 to 2030, according ... Read More
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Luxury Hotel Market Report by Type (Business Hotels, Airport Hotels, Suite Hotels, Resorts, and Others), Room Type (Luxury, Upper-Upscale, Upscale), Category (Chain, Independent), and Region 2024-2032
... Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 156.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032. The market is experiencing steady growth driven by an ... Read More
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Low Cost Airlines Market Report by Purpose (Leisure Travel, VFR, Business Travel, and Others), Distribution Channel (Online, Travel Agency, and Others), Destination (Domestic, International), and Region 2024-2032
... US$ 205.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 405.1 Billion by 2032, exhibiting growth rate (CAGR) of 7.7% during 2024-2032. The rising domestic travel and tourism, widespread adoption ... Read More
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Business Travel Market: Global Market Size, Forecast, Insights, and Competitive Landscape
... report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global business travel market by segmenting the market based on ... Read More
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Business Travel (UK) - Industry Report
... the most attractive acquisition opportunities • Analyse industry trends • Benchmark their own financial performance Using an exclusive methodology, a quick glance of this Business Travel (UK) report will tell you the companies that have ... Read More
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Global Corporate & Leisure Travel Services Market Growth (Status and Outlook) 2024-2030
... it is expected to grow at a CAGR of %from 2024 to 2030. LPI (LP Information)' newest research report, the “Corporate & Leisure Travel Services Industry Forecast” looks at past sales and reviews total world ... Read More
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Global Corporate Travel Management (CTM) Software Industry Trends Analysis Report 2024, Forecast to 2032 (Broken Down by Type, End User, Regional Analysis, and Competitive Landscape)
... provides a comprehensive overview by conducting both qualitative and quantitative analysis of the market, sharing concrete numbers and thorough insights from different market segments. The quantitative analysis includes both historical and forecast data of various ... Read More
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Global Business Travel Market 2024 by Company, Regions, Type and Application, Forecast to 2030
... 2023 and is forecast to a readjusted size of USD 1514010 million by 2030 with a CAGR of 3.2% during review period. Business travel refers to domestic or international trips made by an employee for ... Read More
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Bleisure Travel - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)
... billion by 2029, growing at a CAGR of 9.52% during the forecast period (2024-2029). The rise in popularity of leisure travel can be attributed to its ability to enhance business travel by including leisure activities, ... Read More
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Destination Market Insight: China (2024)
... markets, as well as an assessment of the trends and issues in the covered destination market, in this case China. Domestic travel dominates China's tourist income, with approximately 2.5 billion trips taken in 2023 (expected ... Read More
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Air Travel
... by 2030, growing at a CAGR of 3.2% over the analysis period 2023-2030. The U.S. Market is Estimated at 917.3 Million Subscribers While China is Forecast to Grow at 5.3% CAGR The Air Travel market ... Read More
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Business Travel
... at a CAGR of 4.3% over the analysis period 2023-2030. Food & Lodging Service, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$509.8 Billion by the ... Read More
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Global Travel Management Software Market Research Report 2024(Status and Outlook)
... estimated at USD 3262.22 million in 2023 and is projected to reach USD 4950.88 million by 2029, exhibiting a CAGR of 7.20% during the forecast period. This report provides a deep insight into the global ... Read More
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Global Luxury Travel Service Market Research Report 2024(Status and Outlook)
... by 2029, exhibiting a CAGR of 8.40% during the forecast period. This report provides a deep insight into the global Luxury Travel Service market covering all its essential aspects. This ranges from a macro overview ... Read More
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Generative AI in Travel and Expense Management: Potential Opportunities for Trip Management and Cost Savings
... AI technology. The current approach to travel and expense management results in companies facing challenges around auditing, trip management, and reporting/analytics. With features optimized via generative AI, solution providers are exploring ways to improve the ... Read More
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Global Business Travel Market 2024-2028
... 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 ... Read More
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Global Business Travel Insurance Competitive Landscape Professional Research Report 2024
... financial protection against a range of risks and unexpected events that can occur during business trips. Business travel insurance typically includes coverage for medical emergencies, trip cancellation or interruption, lost or delayed baggage, travel delays, ... Read More
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Limousine Services Market by Vehicle Type (Hummer Limo, Limo Bus, Sedan Limousine), Type (Airport Transfers, Corporate Services, Nightlife & Entertainment), Application, Booking Type - Global Forecast 2024-2030
... USD 21.95 billion in 2023 and expected to reach USD 23.55 billion in 2024, at a CAGR 7.66% to reach USD 36.82 billion by 2030. The limousine services provide luxury transportation services for various occasions ... Read More
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Bleisure Travel Market by Tour Type (Group, Solo), Travel Type (Domestic, International) - Global Forecast 2024-2030
... billion in 2024, at a CAGR 10.35% to reach USD 894.73 billion by 2030. Bleisure travel refers to the practice where individuals combine their business trips with leisure activities, extending their stay at a particular ... Read More
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Key Trends in Business Travel (2024)
... outbound trips for business purpose during 2023 was 174.23 million which was an increase of 68.95% in comparison with 2022 (103.3 million trips). Globalization drives the demand for international business travel, as businesses expand their ... Read More
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Travel Insurance Market by Age (Millennials, Generation X, and Baby Boomers), by Income Level (Low-income travelers, Middle-income travelers and High-Income Travelers), by Coverage (Medical Coverage, Trip Cancellation Coverage, Baggage and Personal Belongings Coverage, Accidental Death and Dismemberment (AD&D) Coverage), by Days of coverage (Short-Trip Insurance, Standard Trip Insurance, Extended Trip Insurance and Multi-Trip Insurance) by End User (Pilgrim Travelers, Education Travelers, Business Travelers and Family Travelers) by Distributional Channel (Insurance Companies, Banks, Airlines, Online Platforms, Insurance Aggregators & Comparison Websites, and Travel Agents & Tour Operators) – Global Opportunity Analysis and Industry Forecast, 2024–2030
... and Dismemberment (AD&D) Coverage), by Days of coverage (Short-Trip Insurance, Standard Trip Insurance, Extended Trip Insurance and Multi-Trip Insurance) by End User (Pilgrim Travelers, Education Travelers, Business Travelers and Family Travelers) by Distributional Channel (Insurance ... Read More
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Business Tourism Market, By Service (Transport, Food & Lodging, Recreation activity, Others), By Industry (Corporate and Government), By Traveler Type (Solo and Groups), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
... Africa) Global business tourism market has witnessed significant growth over the past few years. Business tourism refers to travels undertaken for purposes of business interactions, conferences, exhibitions, trade shows and other business events. It contributes ... Read More
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Corporate Travel Services in Australia - Industry Market Research Report
... platforms, has enabled corporate travel agents to increase automation and reduce their operating costs. Conversely, new technology has also exposed the industry to greater competition from upstream travel product providers, like airlines and hotel chains. ... Read More
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Travel Insurance Market By Insurance Cover (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, Long-Stay Travel Insurance), By Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, Insurance Aggregators), By End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, Others), By Age Group (1-17 Years Old, 18-30 Years Old, 31-49 Years Old, Above 50): Global Opportunity Analysis and Industry Forecast, 2023-2032
... Business Travelers, Family Travelers, Others), By Age Group (1-17 Years Old, 18-30 Years Old, 31-49 Years Old, Above 50): Global Opportunity Analysis and Industry Forecast, 2023-2032 The global travel insurance market was valued at $16.8 ... Read More
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