Business Travel Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global business travel market is expected to grow at a CAGR of around 7.5% during 2025-2034. This report on global business travel market 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 type, purpose type, expenditure, age group, service type, travel type, end user and region. Also, detailed profiles of companies operating in the business travel market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Penetration of the Internet of Things
• The Rising Trend of Leisure Travel
• Increasing Digitization in the Tourism and Corporate Sectors
Market Challenges
• Increase in the Advanced Technology
• Outbreak of COVID-19 Implementing Quarantine
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Type
• Managed Business Travel
• Unmanaged Business Travel
Market by Purpose Type
• Marketing
• Internal Meetings
• Trade Shows
• Product Launch
• Others
Market by Expenditure
• Travel Fare
• Lodging
• Dining
• Others
Market by Age Group
• Travellers Below 40 Years
• Travellers Above 40 Years
Market by Service Type
• Transportation
• Food and Lodging
• Recreational Activities
• Others
Market by Travel Type
• Group Travel
• Solo Travel
Market by End-User
• Government
• Corporate
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Business Travel Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Business Travel Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Business Travel Market by Type
- 5.1. Introduction
- 5.2. Managed Business Travel
- 5.3. Unmanaged Business Travel
- 6. Global Business Travel Market by Purpose Type
- 6.1. Introduction
- 6.2 Marketing
- 6.3 Internal Meetings
- 6.4 Trade Shows
- 6.5 Product Launch
- 6.6 Others
- 7. Global Business Travel Market by Expenditure
- 7.1. Introduction
- 7.2. Travel Fare
- 7.3. Lodging
- 7.4. Dining
- 7.5. Others
- 8. Global Business Travel Market by Age Group
- 8.1. Introduction
- 8.2. Travellers Below 40 Years
- 8.3. Travellers Above 40 Years
- 9. Global Business Travel Market by Service Type
- 9.1. Introduction
- 9.2. Transportation
- 9.3. Food and Lodging
- 9.4. Recreational Activities
- 9.5. Others
- 10. Global Business Travel Market by Travel Type
- 10.1. Introduction
- 10.2. Group Travel
- 10.3. Solo Travel
- 11. Global Business Travel Market by End User
- 11.1. Introduction
- 11.2. Government
- 11.3. Corporate
- 11.4. Others
- 12. Global Business Travel Market by Region
- 12.1 Introduction
- 12.2 Europe
- 12.2.1 Germany
- 12.2.2 United Kingdom
- 12.2.3 France
- 12.2.4 Italy
- 12.2.5 Spain
- 12.2.6 Russia
- 12.2.7 Netherlands
- 12.2.8 Rest of the Europe
- 12.3 North America
- 12.3.1 United States
- 12.3.2 Canada
- 12.4 Asia Pacific
- 12.4.1 China
- 12.4.2 Japan
- 12.4.3 India
- 12.4.4 South Korea
- 12.4.5 Australia
- 12.4.6 Indonesia
- 12.4.7 Rest of the Asia Pacific
- 12.5 Latin America
- 12.5.1 Mexico
- 12.5.2 Brazil
- 12.5.3 Argentina
- 12.5.4 Rest of Latin America
- 12.6 Middle East & Africa
- 12.6.1 Saudi Arabia
- 12.6.2 Turkey
- 12.6.3 Iran
- 12.6.4 Rest of Middle East & Africa
- 13. SWOT Analysis
- 14. Porter’s Five Forces
- 15. Market Value Chain Analysis
- 16. Competitive Landscape
- 16.1 Competitive Scenario
- 16.2 Company Profiles
- 16.2.1 Airbnb Inc.
- 16.2.2 American Express Company
- 16.2.3 BCD Travel
- 16.2.4 Booking Holdings Inc.
- 16.2.5 Carlson Wagonlit Travel Inc.
- 16.2.6 Expedia Group Inc.
- 16.2.7 Fareportal Inc.
- 16.2.8 Flight Centre Travel Group
- 16.2.9 Hogg Robinson Group
- 16.2.10 Travel Leaders Group LLC
- 16.2.11 Wexas Travel
- List of Figures
- Figure 1: Global Business Travel Market (in US$ Million), 2020-2024
- Figure 2: Global Business Travel Market by Type, 2024
- Figure 3: Global Business Travel Market by Purpose Type, 2024
- Figure 4: Global Business Travel Market by Expenditure, 2024
- Figure 5: Global Business Travel Market by Age Group, 2024
- Figure 6: Global Business Travel Market by Service Type, 2024
- Figure 7: Global Business Travel Market by Travel Type, 2024
- Figure 8: Global Business Travel Market by End User, 2024
- Figure 9: Global Business Travel Market by Region, 2024
- Figure 10: Global Business Travel Market (in US$ Million), 2025-2034
- Figure 11: Global Business Travel Market by Type (in %), 2024 & 2034
- Figure 12: Global Managed Business Travel Market (in US$ Million), 2020-2024
- Figure 13: Global Managed Business Travel Market (in US$ Million), 2025-2034
- Figure 14: Global Unmanaged Business Travel Market (in US$ Million), 2020-2024
- Figure 15: Global Unmanaged Business Travel Market (in US$ Million), 2025-2034
- Figure 16: Global Business travel Market by Purpose Type (in %), 2024 & 2034
- Figure 17: Global Marketing Business Travel Market (in US$ Million), 2020-2024
- Figure 18: Global Marketing Business Travel Market (in US$ Million), 2025-2034
- Figure 19: Global Internal Meetings Business Travel Market (in US$ Million), 2020-2024
- Figure 20: Global Internal Meetings Business Travel Market (in US$ Million), 2025-2034
- Figure 21: Global Trade Shows Business Travel Market (in US$ Million), 2020-2024
- Figure 22: Global Trade Shows Business Travel Market (in US$ Million), 2025-2034
- Figure 23: Global Product Launch Business Travel Market (in US$ Million), 2020-2024
- Figure 24: Global Product Launch Business Travel Market (in US$ Million), 2025-2034
- Figure 25: Global Others Business Travel Purpose Types Market (in US$ Million), 2020-2024
- Figure 26: Global Others Business Travel Purpose Types Market (in US$ Million), 2025-2034
- Figure 27: Global Business Travel Market by Expenditure (in %), 2024 & 2034
- Figure 28: Global Travel Fare Business Travel Market (in US$ Million), 2020-2024
- Figure 29: Global Travel Fare Business Travel Market (in US$ Million), 2025-2034
- Figure 30: Global Lodging Business Travel Market (in US$ Million), 2020-2024
- Figure 31: Global Lodging Business Travel Market (in US$ Million), 2025-2034
- Figure 32: Global Dining Business Travel Market (in US$ Million), 2020-2024
- Figure 33: Global Dining Business Travel Market (in US$ Million), 2025-2034
- Figure 34: Global Other Expenditures Business Travel Market (in US$ Million), 2020-2024
- Figure 35: Global Other Expenditure Business Travel Market (in US$ Million), 2025-2034
- Figure 36: Global Business Travel Market by Age Group (in %), 2024 & 2034
- Figure 37: Global Business Travellers Below 40 Years Market (in US$ Million), 2020-2024
- Figure 38: Global Business Travellers Below 40 Years Market (in US$ Million), 2025-2034
- Figure 39: Global Business Travellers Above 40 Years Market (in US$ Million), 2020-2024
- Figure 40: Global Business Travellers Above 40 Years Market (in US$ Million), 2025-2034
- Figure 41: Global Business Travel Market by Service Type (in %), 2024 & 2034
- Figure 42: Global Transportation Business Travel Market (in US$ Million), 2020-2024
- Figure 43: Global Transportation Business Travel Market (in US$ Million), 2025-2034
- Figure 44: Global Food and Lodging Business Travel Market (in US$ Million), 2020-2024
- Figure 45: Global Food and Lodging Business Travel Market (in US$ Million), 2025-2034
- Figure 46: Global Recreational Activities Business Travel Market (in US$ Million), 2020-2024
- Figure 47: Global Recreational Activities Business Travel Market (in US$ Million), 2025-2034
- Figure 48: Global Other Service Types Market (in US$ Million), 2020-2024
- Figure 49: Global Other Service Types Market (in US$ Million), 2025-2034
- Figure 50: Global Business Travel Market by Travel Type (in %), 2024 & 2034
- Figure 51: Global Business Group Travel Market (in US$ Million), 2020-2024
- Figure 52: Global Business Group Travel Market (in US$ Million), 2025-2034
- Figure 53: Global Business Solo Travel Market (in US$ Million), 2020-2024
- Figure 54: Global Business Solo Travel Market (in US$ Million), 2025-2034
- Figure 55: Global Business Travel Market by End-User (in %), 2024 & 2034
- Figure 56: Global Government Business Travel Market (in US$ Million), 2020-2024
- Figure 57: Global Government Business Travel Market (in US$ Million), 2025-2034
- Figure 58: Global Corporate Business Travel Market (in US$ Million), 2020-2024
- Figure 59: Global Corporate Business Travel Market (in US$ Million), 2025-2034
- Figure 60: Global Other Travel Types Market (in US$ Million), 2020-2024
- Figure 61: Global Other Travel Types Market (in US$ Million), 2025-2034
- Figure 62: Global Business Travel Market by Region (in %), 2024 & 2034
- Figure 63: Europe Business Travel Market (in US$ Million), 2020-2024
- Figure 64: Europe Business Travel Market (in US$ Million), 2025-2034
- Figure 65: Europe Business Travel Market by Country (in %), 2024 & 2034
- Figure 66: Germany Business Travel Market (in US$ Million), 2020-2034
- Figure 67: United Kingdom Business Travel Market (in US$ Million), 2020-2034
- Figure 68: France Business Travel Market (in US$ Million), 2020-2034
- Figure 69: Italy Business Travel Market (in US$ Million), 2020-2034
- Figure 70: Spain Business Travel Market (in US$ Million), 2020-2034
- Figure 71: Russia Business Travel Market (in US$ Million), 2020-2034
- Figure 72: Netherlands Business Travel Market (in US$ Million), 2020-2034
- Figure 73: North America Business Travel Market (in US$ Million), 2020-2024
- Figure 74: North America Business Travel Market (in US$ Million), 2025-2034
- Figure 75: North America Business Travel Market by Country (in %), 2024 & 2034
- Figure 76: United States Business Travel Market (in US$ Million), 2020-2034
- Figure 77: Canada Business Travel Market (in US$ Million), 2020-2034
- Figure 78: Asia Pacific Business Travel Market (in US$ Million), 2020-2024
- Figure 79: Asia Pacific Business Travel Market (in US$ Million), 2025-2034
- Figure 80: Asia Pacific Business Travel Market by Country (in %), 2024 & 2034
- Figure 81: China Business Travel Market (in US$ Million), 2020-2034
- Figure 82: Japan Business Travel Market (in US$ Million), 2020-2034
- Figure 83: India Business Travel Market (in US$ Million), 2020-2034
- Figure 84: South Korea Business Travel Market (in US$ Million), 2020-2034
- Figure 85: Australia Business Travel Market (in US$ Million), 2020-2034
- Figure 86: Indonesia Business Travel Market (in US$ Million), 2020-2034
- Figure 87: Latin America Business Travel Market (in US$ Million), 2020-2024
- Figure 88: Latin America Business Travel Market (in US$ Million), 2025-2034
- Figure 89: Latin America Business Travel Market by Country (in %), 2024 & 2034
- Figure 90: Mexico Business Travel Market (in US$ Million), 2020-2034
- Figure 91: Brazil Business Travel Market (in US$ Million), 2020-2034
- Figure 92: Argentina Business Travel Market (in US$ Million), 2020-2034
- Figure 93: Middle East & Africa Business Travel Market (in US$ Million), 2020-2024
- Figure 94: Middle East & Africa Business Travel Market (in US$ Million), 2025-2034
- Figure 95: Middle East & Africa Business Travel Market by Country (in %), 2024 & 2034
- Figure 96: Saudi Arabia Business Travel Market (in US$ Million), 2020-2034
- Figure 97: Turkey Business Travel Market (in US$ Million), 2020-2034
- Figure 98: Iran Business Travel Market (in US$ Million), 2020-2034
- Figure 99: Market Value Chain
- List of Tables
- Table 1: Global Business Travel Market Portraiture
- Table 2: Global Business Travel Market by Type (in US$ Million), 2024 & 2034
- Table 3: Global Business Travel Market by Purpose Type (in US$ Million), 2024 & 2034
- Table 4: Global Business Travel Market by Expenditure (in US$ Million), 2024 & 2034
- Table 5: Global Business Travel Market by Age Group (in US$ Million), 2024 & 2034
- Table 6: Global Business Travel Market by Service Type (in US$ Million), 2024 & 2034
- Table 7: Global Business Travel Market by Travel Type (in US$ Million), 2024 & 2034
- Table 8: Global Business Travel Market by End User (in US$ Million), 2024 & 2034
- Table 9: Global Business Travel Market by Region (in US$ Million), 2024 & 2034
- Table 10: Europe Business Travel Market by Country (in US$ Million), 2024 & 2034
- Table 11: North America Business Travel Market by Country (in US$ Million), 2024 & 2034
- Table 12: Asia Pacific Business Travel Market by Country (in US$ Million), 2024 & 2034
- Table 13: Latin America Business Travel Market by Country (in US$ Million), 2024 & 2034
- Table 14: Middle East & Africa Business Travel Market by Country (in US$ Million), 2024 & 2034
- Table 15: List of Key Players
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