Global Travel Management Company (TMC) Market Research Report 2024

Global Travel Management Company (TMC) Market Research Report 2024

The global Travel Management Company (TMC) market was valued at US$ 23.67 billion in 2023. It is anticipated to reach US$ 35.47 billion by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.

The major global companies of Travel Management Company (TMC) include TravelPerk, AltexSoft, Corporate Travel Management (CTM), BCD Travel, Direct Travel, CWT, Navan, AMEX GBT (Egencia), and FCM Travel, etc. In 2023, the world's top three vendors accounted for approximately 22% of the revenue.

This report aims to provide a comprehensive presentation of the global market for Travel Management Company (TMC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Travel Management Company (TMC).

The Travel Management Company (TMC) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Travel Management Company (TMC) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Travel Management Company (TMC) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

TravelPerk

AltexSoft

Corporate Travel Management (CTM)

BCD Travel

Direct Travel

CWT

Navan

AMEX GBT (Egencia)

FCM Travel

ITILITE

JTB Business Travel

Spendesk

TruTrip

SAP Concur

TravelBank

Segment by Type

Service

Software

Segment by Application

Large Enterprises

SMEs

Government and NGO

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of APAC

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Travel Management Company (TMC) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.