Business Travel Market to 2027 - Global Analysis and Forecasts by Industry (Government and Corporate), Service (Transportation, Food & Accommodation, and Recreation Activity); Traveler (Group and Solo)

Name: Business Travel Market
SKU: Technology, Media and Telecommunications
Rating: 4.9 (13 reviews)

Publication Month: Jul 2019 | Report Code: TIPRE00006074 | No. of Pages: 164 | Category: Technology, Media and Telecommunications | Status: Published

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The Business Travel market accounted for US$ 1.37 Tr in 2018 and is expected to grow at a CAGR of 4.9% over the forecast period 2019–2027, to account for US$ 2.09 Tr by 2027.

Business travel is a broad term that consists of all the activities executed to achieve a business goal or objective. This objective could be increasing sales, building business relationships, client support, business operations, training, and learning & development among many others. Business Travel is a critical function in any organization and travel managers sees it as an opportunity for revenue generation. For governments also, business travel generates jobs, increases income and tax revenues. Business Travel is affected by factors such as size of the economy, GDP growth, travel infrastructure development, population, industry mix, business dispersion, technology adoption, exports, oil prices, tax, security, and regulatory policies.

Among the various geographic regions, Asia Pacific held the leading position in the global business travel market and it is anticipated to be the highest spending contributor throughout the forecast period. The market growth in Asia Pacific is primarily driven by development of travel infrastructure and presence of a large number of Small and Medium Enterprises (SMEs).

Business Travel Market- Lucrative Regional Markets

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Market Insights

Bleisure - A Fast Growing Trend Among Business Travelers

Bleisure is defined as a practice of combining both business and leisure on a business trip. The popularity of bleisure travel is growing among corporate travelers worldwide, as it allows frequent travelers to take some time off from the hectic schedule of travelling and business meetings during a trip.More than half of of Business Travelers prefers to take bleisure trips. These trips help travelers in increasing their work productivity by reducing the stress associated with business trips. With increasing connected generation and young millennial business professionals, the demand for bleisure services is anticipated to grow at a fast pace during the forecast period. According to the latest survey conducted by Expedia Group Media Solutions on ‘Unpacking Bleisure Traveler Trends’, more than 60% of business trips converted into bleisure trips across five countries in the year 2017. This survey was conducted with more than 2500 business travelers from China, Germany, India, the UK and the U.S. There was a 40% increase since last years’ study when only 43% business trips were bleisure in the U.S. With this growing trend of mixing leisure with business and each traveler taking an average of more than 6 trips in one year, bleisure travel present a huge opportunity for market players operating in the global business travel market during the forecast period of 2019 to 2027.

Growing Adoption of Technologies such as AI and IoT in Global Travel Ecosystem

Increasing innovations in advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT), could result in multiple benefits for both business travelers and companies operating in the global Business Travel market. Companies can offer personalized services tailored to the needs of today’s tech-savvy business travelers with the integration of AI in their applications. A typical mobile assistant is a perfect example of AI in the business travel market, that helps travelers during their journey by delivering required information instantly. Saved customer profiles with important information such as passport numbers, payment cards, flight details, business itinerary, and frequent flyer details are just some parts of this process that led to contextual and custom customer experience. There are various areas in a business travel ecosystem which are integrating technology innovations into their services, for instance, ‘smart’ airline seats, luggage mapping & tracking, temperature controls in hotels.

Global Business Travel Market- Industry Segment Insights

Based on industry, the Business Travel market is segmented into government and corporate. The global business travel market by industry was led by corporate segment and it is expected to continue its dominance during the forecast period of 2019 to 2027.

Global Business Travel Market- Service Segment Insights

On the basis of service type, the Business Travel market is segmented into transportation, food & accommodation, and recreation activity. In 2018, the global business travel market is dominated by food & accommodation segment with more than half of the global market share.

Global Business Travel Market- Traveler Segment Insights

Based on traveler type, the market is bifurcated into group and solo traveler. Group traveler segment held the largest market share of global business travel spending in 2018 and it is expected to continue its dominance during the forecast period with a CAGR of 5.8%.

Global Business Travel Market by Traveler Type

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Strategic Insights

The market players present in Business Travel market are mainly focusing on service enhancements through the integration of technology in their existing offerings and as well as on new product innovations. The companies are also adopting acquisition and collaboration strategy to enhance their capabilities and expand their footprint in different geographies. This type of strategy allows companies to strengthen their footprint in the market. Few of the recent merger and acquisition activities in the global Business Travel market are listed below:

2019: Travel Leaders Group acquired UK-Based Your Event Solutions, which is an event management company with offices in Europe, US and UAE.

2019: Booking Holding, Inc. entered in to an agreement to acquire Venga, which is a guest management platform for restaurants and other businesses. With this acquisition OpenTable and Venga would work together to improve the restaurant hospitality.

2019: American Express Global Business Travel completed the acquisition of Hogg Robinson Group, which is a B2B company with expertise in travel management. This acquisition is expected to help the company in offering its clients a wider range of products and services.

GLOBAL BUSINESS TRAVEL MARKET SEGMENTATION

By Industry

Government
Corporate

By Service

Transportation
Food & Accommodation
Recreation Activity

By Traveler

Group
Solo

By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
- Turkey
- Rest of Europe
Asia Pacific (APAC)
- South Korea
- China
- India
- Australia
- Japan
- Rest of Asia Pacific
Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
South America
- Brazil
- Argentina
- Rest of South America (SAM)

Company Profiles

American Express Global Business Travel
BCD Group
Booking Holdings, Inc.
Corporate Travel Management
CWT
Direct Travel, Inc.
Expedia Group
Fareportal
Flight Centre Travel Group Limited
Travel Leaders Group

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Global Business Travel Market – By Industry

1.3.2 Global Business Travel Market – By Service

1.3.3 Global Business Travel Market – By Traveler

1.3.4 Global Business Travel Market – By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Business Travel- Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 Porter’s Five Forces Analysis

4.3.1 Bargaining Power of Buyers

4.3.2 Bargaining Power of Suppliers

4.3.3 Threat of Substitutes

4.3.4 Threat of New Entrants

4.3.5 Industry Rivalry

5. Business Travel Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Rising Globalization, Increasing Trade Volumes and Positive Economic Outlook

5.1.2 Growing Digitalization of Payments and Travel Bookings is Driving Market Demand

5.2 Key Market Restraints

5.2.1 Data Saftey and Cyber Security Concerns

5.2.2 Dynamic International Privacy Regulations and Compliance Requirements

5.3 Key Market Opportunities

5.3.1 Small and Medium Enterprises are Expected to Fuel the Future Demand

5.4 Future Trends

5.4.1 Bleisure- A Fast Growing Trend among Business Travelers

5.4.2 Growing Adoption of Technologies such as AI and IoT in Global Travel Ecosystem

5.5 Impact Analysis of Drivers and Restraints

6. Business Travel Market– Global Analysis

6.1 Global Business Travel Market Overview

6.2 Global Business Travel Market Forecast and Analysis

6.3 Market Positioning- Top Five Players

7. Business Travel Market – By Service

7.1 Overview

7.2 Business Travel Market Breakdown, By Service, 2018 & 2027

7.3 Transportation

7.3.1 Overview

7.3.2 Transportation Market Revenue and Forecasts to 2027 (US$ Bn)

7.4 Food & Accommodation

7.4.1 Overview

7.4.2 Food & Accommodation Market Revenue and Forecasts to 2027 (US$ Bn)

7.5 Recreation Activity

7.5.1 Overview

7.5.2 Recreation Activity Market Revenue and Forecasts to 2027 (US$ Bn)

8. Business Travel Market – By Industry

8.1 Overview

8.2 Business Travel Market Breakdown, By Industry, 2018 & 2027

8.3 Government

8.3.1 Overview

8.3.2 Government Market Revenue and Forecasts to 2027 (US$ Bn)

8.4 Corporate

8.4.1 Overview

8.4.2 Corporate Market Revenue and Forecasts to 2027 (US$ Bn)

9. Business Travel Market – By Traveler

9.1 Overview

9.2 Business Travel Market Breakdown, By Traveler, 2018 & 2027

9.3 Group

9.3.1 Overview

9.3.2 Group Market Revenue and Forecasts to 2027 (US$ Bn)

9.4 Solo

9.4.1 Overview

9.4.2 Solo Market Revenue and Forecasts to 2027 (US$ Bn)

10. Business Travel Market – Geographical Analysis

10.1 Overview

10.2 North America Business Travel Market Revenue and Forecasts to 2027

10.2.1 North America Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.2.2 North America Business Travel Market Breakdown By Service

10.2.3 North America Business Travel Market Breakdown By Industry

10.2.4 North America Business Travel Market Breakdown By Traveler

10.2.5 North America Business travel market Breakdown, By Key Countries

10.2.5.1 U.S. Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.2.5.1.1 U.S Business Travel Market Breakdown By Service

10.2.5.1.2 U.S. Business Travel Market Breakdown By Industry

10.2.5.1.3 U.S. Business Travel Market Breakdown By Traveler

10.2.5.2 Canada Business travel market Revenue and Forecasts to 2027 (US$ Bn)

10.2.5.2.1 Canada Business Travel Market Breakdown By Service

10.2.5.2.2 Canada Business Travel Market Breakdown By Industry

10.2.5.2.3 Canada Business Travel Market Breakdown By Traveler

10.2.5.3 Mexico Business travel market Revenue and Forecasts to 2027 (US$ Bn)

10.2.5.3.1 Mexico Business Travel Market Breakdown By Service

10.2.5.3.2 Mexico Business Travel Market Breakdown By Industry

10.2.5.3.3 Mexico Business Travel Market Breakdown By Traveler

10.3 Europe Business Travel Market Revenue and Forecasts to 2027

10.3.1 Europe Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.3.2 Europe Business Travel Market Breakdown By Service

10.3.3 Europe Business Travel Market Breakdown By Industry

10.3.4 Europe Business Travel Market Breakdown By Traveler

10.3.5 Europe Business Travel Market Breakdown, By Key Countries

10.3.5.1 France Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.3.5.1.1 France Business Travel Market Breakdown By Service

10.3.5.1.2 France Business Travel Market Breakdown By Industry

10.3.5.1.3 France Business Travel Market Breakdown By Traveler

10.3.5.2 Germany Business travel market Revenue and Forecasts to 2027 (US$ Bn)

10.3.5.2.1 Germany Business Travel Market Breakdown By Service

10.3.5.2.2 Germany Business Travel Market Breakdown By Industry

10.3.5.2.3 Germany Business Travel Market Breakdown By Traveler

10.3.5.3 Italy Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.3.5.3.1 Italy Business Travel Market Breakdown By Service

10.3.5.3.2 Italy Business Travel Market Breakdown By Industry

10.3.5.3.3 Italy Business Travel Market Breakdown By Traveler

10.3.5.4 Spain Business travel market Revenue and Forecasts to 2027 (US$ Bn)

10.3.5.4.1 Spain Business Travel Market Breakdown By Service

10.3.5.4.2 Spain Business Travel Market Breakdown By Industry

10.3.5.4.3 Spain Business Travel Market Breakdown By Traveler

10.3.5.5 UK Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.3.5.5.1 UK Business Travel Market Breakdown By Service

10.3.5.5.2 UK Business Travel Market Breakdown By Industry

10.3.5.5.3 UK Business Travel Market Breakdown By Traveler

10.3.5.6 Turkey Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.3.5.6.1 Turkey Business Travel Market Breakdown By Service

10.3.5.6.2 Turkey Business Travel Market Breakdown By Industry

10.3.5.6.3 Turkey Business Travel Market Breakdown By Traveler

10.3.5.7 Rest of Europe Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.3.5.7.1 Rest of Europe Business Travel Market Breakdown By Service

10.3.5.7.2 Rest of Europe Business Travel Market Breakdown By Industry

10.3.5.7.3 Rest of Europe Business Travel Market Breakdown By Traveler

10.4 APAC Business Travel Market Revenue and Forecasts to 2027

10.4.1 APAC Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.4.2 APAC Business Travel Market Breakdown By Service

10.4.3 APAC Business Travel Market Breakdown By Industry

10.4.4 APAC Business Travel Market Breakdown By Traveler

10.4.5 APAC Business Travel Market Breakdown, By Key Countries

10.4.5.1 South Korea Business travel market Revenue and Forecasts to 2027 (US$ Bn)

10.4.5.1.1 South Korea Business Travel Market Breakdown By Service

10.4.5.1.2 South Korea Business Travel Market Breakdown By Industry

10.4.5.1.3 South Korea Business Travel Market Breakdown By Traveler

10.4.5.2 China Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.4.5.2.1 China Business Travel Market Breakdown By Service

10.4.5.2.2 China Business Travel Market Breakdown By Industry

10.4.5.2.3 China Business Travel Market Breakdown By Traveler

10.4.5.3 India Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.4.5.3.1 India Business Travel Market Breakdown By Service

10.4.5.3.2 India Business Travel Market Breakdown By Industry

10.4.5.3.3 India Business Travel Market Breakdown By Traveler

10.4.5.4 Japan Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.4.5.4.1 Japan Business Travel Market Breakdown By Service

10.4.5.4.2 Japan Business Travel Market Breakdown By Industry

10.4.5.4.3 Japan Business Travel Market Breakdown By Traveler

10.4.5.5 Australia Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.4.5.5.1 Australia Business Travel Market Breakdown By Service

10.4.5.5.2 Australia Business Travel Market Breakdown By Industry

10.4.5.5.3 Australia Business Travel Market Breakdown By Traveler

10.4.5.6 Rest of APAC Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.4.5.6.1 Rest of APAC Business Travel Market Breakdown By Service

10.4.5.6.2 Rest of APAC Business Travel Market Breakdown By Industry

10.4.5.6.3 Rest of APAC Business Travel Market Breakdown By Traveler

10.5 Middle East and Africa Business Travel Market Revenue and Forecasts to 2027

10.5.1 Middle East and Africa Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.5.2 MEA Business Travel Market Breakdown By Service

10.5.3 MEA Business Travel Market Breakdown By Industry

10.5.4 MEA Business Travel Market Breakdown By Traveler

10.5.5 MEA Business travel market Breakdown, By Key Countries

10.5.5.1 South Africa Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.5.5.1.1 South Africa Business Travel Market Breakdown By Service

10.5.5.1.2 South Africa Business Travel Market Breakdown By Industry

10.5.5.1.3 South Africa Business Travel Market Breakdown By Traveler

10.5.5.2 Saudi Arabia Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.5.5.2.1 Saudi Arabia Business Travel Market Breakdown By Service

10.5.5.2.2 Saudi Arabia Business Travel Market Breakdown By Industry

10.5.5.2.3 Saudi Arabia Business Travel Market Breakdown By Traveler

10.5.5.3 UAE Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.5.5.3.1 UAE Business Travel Market Breakdown By Service

10.5.5.3.2 UAE Business Travel Market Breakdown By Industry

10.5.5.3.3 UAE Business Travel Market Breakdown By Traveler

10.5.5.4 Rest of MEA Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.5.5.4.1 Rest of MEA Business Travel Market Breakdown By Service

10.5.5.4.2 Rest of MEA Business Travel Market Breakdown By Industry

10.5.5.4.3 Rest of MEA Business Travel Market Breakdown By Traveler

10.6 South America Business Travel Market Revenue and Forecasts to 2027

10.6.1 South America Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.6.2 South America Business Travel Market Breakdown By Service

10.6.3 South America Business Travel Market Breakdown By Industry

10.6.4 South America Business Travel Market Breakdown By Traveler

10.6.5 South America Business Travel Market Breakdown, By Key Countries

10.6.5.1 Brazil Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.6.5.1.1 Brazil Business Travel Market Breakdown By Service

10.6.5.1.2 Brazil Business Travel Market Breakdown By Industry

10.6.5.1.3 Brazil Business Travel Market Breakdown By Traveler

10.6.5.2 Argentina Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.6.5.2.1 Argentina Business Travel Market Breakdown By Service

10.6.5.2.2 Argentina Business Travel Market Breakdown By Industry

10.6.5.2.3 Argentina Business Travel Market Breakdown By Traveler

10.6.5.3 Rest of SAM Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

10.6.5.3.1 Rest of SAM Business Travel Market Breakdown By Service

10.6.5.3.2 Rest of SAM Business Travel Market Breakdown By Industry

10.6.5.3.3 Rest of SAM Business Travel Market Breakdown By Traveler

11. Industry Landscape

11.1 Market Initiatives

11.2 Mergers and Acquisitions

11.3 New Developments

12. Company Profiles

12.1 American Express Global Business Travel

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 BCD Group (BCD Travel)

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Booking Holdings Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Corporate Travel Management

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 CWT

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Direct Travel, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Expedia Group

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Fareportal

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Flight Centre Travel Group

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Travel Leaders Group

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary

LIST OF TABLES

Table 1. Real GDP Growth- Annual Percent Change (%)

Table 2. Global Business Travel Spending, By Industry Vertical

Table 3. Global Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Table 4. North America Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 5. North America Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 6. North America Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 7. U.S. Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 8. U.S. Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 9. U.S. Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 10. Canada Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 11. Canada Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 12. Canada Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 13. Mexico Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 14. Mexico Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 15. Mexico Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 16. Europe Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 17. Europe Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 18. Europe Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 19. France Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 20. France Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 21. France Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 22. Germany Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 23. Germany Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 24. Germany Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 25. Italy Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 26. Italy Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 27. Italy Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 28. Spain Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 29. Spain Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 30. Spain Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 31. UK Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 32. UK Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 33. UK Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 34. Turkey Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 35. Turkey Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 36. Turkey Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 37. Rest of Europe Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 38. Rest of Europe Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 39. Rest of Europe Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 40. APAC Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 41. APAC Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 42. APAC Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 43. South Korea Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 44. South Korea Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 45. South Korea Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 46. China Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 47. China Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 48. China Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 49. India Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 50. India Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 51. India Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 52. Japan Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 53. Japan Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 54. Japan Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 55. Australia Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 56. Australia Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 57. Australia Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 58. Rest of APAC Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 59. Rest of APAC Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 60. Rest of APAC Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 61. MEA Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 62. MEA Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 63. MEA Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 64. South Africa Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 65. South Africa Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 66. South Africa Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 67. Saudi Arabia Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 68. Saudi Arabia Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 69. Saudi Arabia Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 70. UAE Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 71. UAE Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 72. UAE Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 73. Rest of MEA Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 74. Rest of MEA Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 75. Rest of MEA Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 76. South America Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 77. South America Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 78. South America Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 79. Brazil Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 80. Brazil Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 81. Brazil Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 82. Argentina Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 83. Argentina Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 84. Argentina Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 85. Rest of SAM Business Travel Market Revenue and Forecasts to 2027 – By Service (US$ Bn)

Table 86. Rest of SAM Business Travel Market Revenue and Forecasts to 2027 – By Industry (US$ Bn)

Table 87. Rest of SAM Business Travel Market Revenue and Forecasts to 2027 – By Traveler (US$ Bn)

Table 88. Glossary of Terms, Business Travel Market

LIST OF FIGURES

Figure 1. Global Business Travel Market Segmentation

Figure 2. Global Business Travel Market Segmentation – By Region

Figure 3. Global Business Travel Market Overview

Figure 4. Global Business Travel Market, By Industry ($Bn)

Figure 5. Global Business Travel Market, By Service ($Bn)

Figure 6. Global Business Travel Market, By Traveler ($Bn)

Figure 7. Global Business Travel Market, By Geography ($Bn)

Figure 8. Global Business Travel Market, Industry Landscape

Figure 9. Global Business Travel Market Ecosystem Analysis

Figure 10. Global Business Travel Market Porter’s Five Forces Analysis

Figure 11. Global Business Travel Market Impact Analysis of Drivers and Restraints

Figure 12. Global Business Travel Market- Geographical Analysis

Figure 13. Global Business Travel Market Forecast and Analysis, (US$ Bn)

Figure 14. Global Business Travel Market Breakdown, By Service, 2018 & 2027 (%)

Figure 15. Global Transportation Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 16. Global Food & Accommodation Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 17. Global Recreation Activity Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 18. Global Business Travel Market Breakdown, By Industry, 2018 & 2027 (%)

Figure 19. Global Government Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 20. Global Corporate Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 21. Global Business Travel Market Breakdown, By Traveler, 2018 & 2027 (%)

Figure 22. Global Group Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 23. Global Solo Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 24. Global Business Travel Market, Breakdown By Regions, 2018 & 2027 (%)

Figure 25. North America Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 26. North America Business Travel Market Breakdown By Service, 2018 & 2027 (%)

Figure 27. North America Business Travel Market Breakdown By Industry, 2018 & 2027 (%)

Figure 28. North America Business Travel Market Breakdown By Traveler, 2018 & 2027 (%)

Figure 29. North America Business Travel Market Breakdown By Key Countries, 2018 & 2027(%)

Figure 30. U.S. Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 31. Canada Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 32. Mexico Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 33. Europe Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 34. Europe Business Travel Market Breakdown By Service, 2018 & 2027 (%)

Figure 35. Europe Business Travel Market Breakdown By Industry, 2018 & 2027 (%)

Figure 36. Europe Business Travel Market Breakdown By Traveler, 2018 & 2027 (%)

Figure 37. Europe Business Travel Market Breakdown By Key Countries, 2018 & 2027(%)

Figure 38. France Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 39. Germany Business travel market Revenue and Forecasts to 2027 (US$ Bn)

Figure 40. Italy Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 41. Spain Business travel market Revenue and Forecasts to 2027 (US$ Bn)

Figure 42. UK Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 43. Turkey Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 44. Rest of Europe Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 45. APAC Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 46. APAC Business Travel Market Breakdown By Service, 2018 & 2027 (%)

Figure 47. APAC Business Travel Market Breakdown By Industry, 2018 & 2027 (%)

Figure 48. APAC Business Travel Market Breakdown By Traveler, 2018 & 2027 (%)

Figure 49. APAC Business Travel Market Breakdown By Key Countries, 2018 & 2027(%)

Figure 50. South Korea Business travel market Revenue and Forecasts to 2027 (US$ Bn)

Figure 51. China Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 52. India Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 53. Japan Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 54. Australia Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 55. Rest of APAC Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 56. MEA Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 57. MEA Business Travel Market Breakdown By Service, 2018 & 2027 (%)

Figure 58. MEA Business Travel Market Breakdown By Industry, 2018 & 2027 (%)

Figure 59. MEA Business Travel Market Breakdown By Traveler, 2018 & 2027 (%)

Figure 60. MEA Business Travel Market Breakdown By Key Countries, 2018 & 2027(%)

Figure 61. South Africa Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 62. Saudi Arabia Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 63. UAE Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 64. Rest of MEA Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 65. South America Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 66. MEA Business Travel Market Breakdown By Service, 2018 & 2027 (%)

Figure 67. South America Business Travel Market Breakdown By Industry, 2018 & 2027 (%)

Figure 68. South America Business Travel Market Breakdown By Traveler, 2018 & 2027 (%)

Figure 69. South America Business Travel Market Breakdown By Key Countries, 2018 & 2027(%)

Figure 70. Brazil Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 71. Argentina Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

Figure 72. Rest of SAM Business Travel Market Revenue and Forecasts to 2027 (US$ Bn)

The List of Companies - Business Travel Market

American Express Global Business Travel
BCD Group
Booking Holdings, Inc.
Corporate Travel Management
CWT
Direct Travel, Inc.
Expedia Group
Fareportal
Flight Centre Travel Group Limited
Travel Leaders Group

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the Business Travel market, thereby allowing players to develop effective long term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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TIPRE00006074

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Business Travel Market to 2027 - Global Analysis and Forecasts by Industry (Government and Corporate), Service (Transportation, Food & Accommodation, and Recreation Activity); Traveler (Group and Solo)

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