Global Business Travel Management Service Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Business Travel Management Service Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Business travel management providers offer services to help companies create ideal and effective travel arrangement processes. Providers help direct businesses toward the most favorable airfare, hotel, rental car, and travel insurance accommodations on an ad-hoc or ongoing basis. These services ensure corporate trips are well organized and within a specified budget by negotiating travel costs and connecting businesses to established partners for travel discounts. Many providers also offer financial consulting services by analyzing a business" average travel spend to improve implemented travel arrangement processes.

Companies typically utilize business travel management services to gain the highest possible ROI on travel spend. Providers identify savings methods by analyzing the travel and tourism market to offer educated travel arrangement insights to clients. Many providers are involved in partnership programs, giving businesses access to special vendor discounts.

Beyond consulting, many business travel management services providers may help businesses implement a travel arrangement software as a long-term travel budgeting and planning tool. Businesses can also implement financial consulting providers for deeper and more broad budget analysis.

The Business Travel Management Service industry can be broken down into several segments, Consulting Services, Transportation & Accommodation, etc.

Across the world, the major players cover CWT, Corporate Travel Management, etc.

According to our (Global Info Research) latest study, the global Business Travel Management Service market size was valued at US$ 8026 million in 2023 and is forecast to a readjusted size of USD 10950 million by 2030 with a CAGR of 4.6% during review period.

Global key players of Business Travel Management Service include GBT, CWT, FCM Travel Solutions, Direct Travel, CorpTrav (FROSCH), Corporate Travel Management and JTB Business Travel, etc. Top three players occupy for a share about 26%. Asia-Pacific is the largest market, with a share about 41%, followed by Europe and North America. In terms of product, Transportation and Accommodation is the largest segment, with a share over 62%. In terms of application, SMEs is the largest market, with a share over 67%.

This report is a detailed and comprehensive analysis for global Business Travel Management Service market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Business Travel Management Service market size and forecasts, in consumption value ($ Million), 2019-2030

Global Business Travel Management Service market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Business Travel Management Service market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Business Travel Management Service market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Business Travel Management Service

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Business Travel Management Service market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CWT, Corporate Travel Management, FCM Travel Solutions, Direct Travel, GBT, ARTA Travel, BCD Group, Cain Travel & Events, CorpTrav (FROSCH), Enterprise Holdings, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Business Travel Management Service market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Business Travel Management Service market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Consulting Services
Transportation & Accommodation
Meetings & Events Management
Others

Market segment by Application
Large Enterprises
SMEs
Government & Nonprofits

Market segment by players, this report covers
CWT
Corporate Travel Management
FCM Travel Solutions
Direct Travel
GBT
ARTA Travel
BCD Group
Cain Travel & Events
CorpTrav (FROSCH)
Enterprise Holdings
GTI Travel
JTB Business Travel
National Express
Radius Travel
Safe Harbors Business Travel
Teplis Travel Service

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Business Travel Management Service product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Business Travel Management Service, with revenue, gross margin, and global market share of Business Travel Management Service from 2019 to 2024.

Chapter 3, the Business Travel Management Service competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Business Travel Management Service market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Business Travel Management Service.

Chapter 13, to describe Business Travel Management Service research findings and conclusion.