The global business travel market is expected to grow at a CAGR of around 7.9% during 2024-2033. 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: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

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
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o Rest of Middle East & Africa