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Global Business Travel Market 2024-2028

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    Report

  • 171 Pages
  • June 2024
  • Region: Global
  • TechNavio
  • ID: 5125632
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The business travel market is forecasted to grow by USD 3.21 trillion during 2023-2028, accelerating at a CAGR of 34.28% during the forecast period. The report on the business travel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing technological advances, digitalization of travel payments, and availability of business services in hotels.

The business travel market is segmented as below:

By Application

  • Marketing
  • Internal meeting
  • Trade show
  • Product launch

By Type

  • Travel fare
  • Lodging
  • Dining
  • Others

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the growing preference of consumers to book through online travel agencies as one of the prime reasons driving the business travel market growth during the next few years. Also, personalization of guest data in hotels and growing demand for leisure travel will lead to sizable demand in the market.

The report on the business travel market covers the following areas:

  • Business travel market sizing
  • Business travel market forecast
  • Business travel market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading business travel market vendors that include ADTRAV Corp., Airbnb Inc., American Express Global Business Travel GBT, ATG Travel Worldwide BV, BCD Travel Services BV, Booking Holdings Inc., Christopherson Business Travel, CWT Global BV, Direct Travel Inc., Fareportal Inc., FCM Travel Solutions, Flight Centre Travel Group Ltd., JPMorgan Chase and Co., JTBUSA Inc., MakeMyTrip Ltd., Omega World Travel Inc., Travel Leaders Group Holdings LLC, UNIGLOBE Travel International Limited Partnership, Walmart Inc., and WexasA Ltd. Also, the business travel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Business Travel Market 2018 - 2022
Historic Market Size - Data Table on Global Business Travel Market 2018 - 2022 ($ billion)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Marketing - Market size and forecast 2023-2028
Chart on Marketing - Market size and forecast 2023-2028 ($ billion)
Data Table on Marketing - Market size and forecast 2023-2028 ($ billion)
Chart on Marketing - Year-over-year growth 2023-2028 (%)
Data Table on Marketing - Year-over-year growth 2023-2028 (%)
6.4 Internal meeting - Market size and forecast 2023-2028
Chart on Internal meeting - Market size and forecast 2023-2028 ($ billion)
Data Table on Internal meeting - Market size and forecast 2023-2028 ($ billion)
Chart on Internal meeting - Year-over-year growth 2023-2028 (%)
Data Table on Internal meeting - Year-over-year growth 2023-2028 (%)
6.5 Trade show - Market size and forecast 2023-2028
Chart on Trade show - Market size and forecast 2023-2028 ($ billion)
Data Table on Trade show - Market size and forecast 2023-2028 ($ billion)
Chart on Trade show - Year-over-year growth 2023-2028 (%)
Data Table on Trade show - Year-over-year growth 2023-2028 (%)
6.6 Product launch - Market size and forecast 2023-2028
Chart on Product launch - Market size and forecast 2023-2028 ($ billion)
Data Table on Product launch - Market size and forecast 2023-2028 ($ billion)
Chart on Product launch - Year-over-year growth 2023-2028 (%)
Data Table on Product launch - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Market opportunity by Application ($ billion)
Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
7.3 Travel fare - Market size and forecast 2023-2028
Chart on Travel fare - Market size and forecast 2023-2028 ($ billion)
Data Table on Travel fare - Market size and forecast 2023-2028 ($ billion)
Chart on Travel fare - Year-over-year growth 2023-2028 (%)
Data Table on Travel fare - Year-over-year growth 2023-2028 (%)
7.4 Lodging - Market size and forecast 2023-2028
Chart on Lodging - Market size and forecast 2023-2028 ($ billion)
Data Table on Lodging - Market size and forecast 2023-2028 ($ billion)
Chart on Lodging - Year-over-year growth 2023-2028 (%)
Data Table on Lodging - Year-over-year growth 2023-2028 (%)
7.5 Dining - Market size and forecast 2023-2028
Chart on Dining - Market size and forecast 2023-2028 ($ billion)
Data Table on Dining - Market size and forecast 2023-2028 ($ billion)
Chart on Dining - Year-over-year growth 2023-2028 (%)
Data Table on Dining - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ billion)
Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ billion)
Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ billion)
Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ billion)
Data Table on China - Market size and forecast 2023-2028 ($ billion)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ billion)
Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 ADTRAV Corp.
ADTRAV Corp. - Overview
ADTRAV Corp. - Product / Service
ADTRAV Corp. - Key offerings
12.4 Airbnb Inc.
Airbnb Inc. - Overview
Airbnb Inc. - Product / Service
Airbnb Inc. - Key offerings
12.5 American Express Global Business Travel GBT
American Express Global Business Travel GBT - Overview
American Express Global Business Travel GBT - Product / Service
American Express Global Business Travel GBT - Key offerings
12.6 ATG Travel Worldwide BV
ATG Travel Worldwide BV - Overview
ATG Travel Worldwide BV - Product / Service
ATG Travel Worldwide BV - Key offerings
12.7 BCD Travel Services BV
BCD Travel Services BV - Overview
BCD Travel Services BV - Product / Service
BCD Travel Services BV - Key offerings
12.8 Booking Holdings Inc.
Booking Holdings Inc. - Overview
Booking Holdings Inc. - Product / Service
Booking Holdings Inc. - Key offerings
12.9 Christopherson Business Travel
Christopherson Business Travel - Overview
Christopherson Business Travel - Product / Service
Christopherson Business Travel - Key offerings
12.10 CWT Global BV
CWT Global BV - Overview
CWT Global BV - Product / Service
CWT Global BV - Key offerings
12.11 Direct Travel Inc.
Direct Travel Inc. - Overview
Direct Travel Inc. - Product / Service
Direct Travel Inc. - Key offerings
12.12 Fareportal Inc.
Fareportal Inc. - Overview
Fareportal Inc. - Product / Service
Fareportal Inc. - Key offerings
12.13 Flight Centre Travel Group Ltd.
Flight Centre Travel Group Ltd. - Overview
Flight Centre Travel Group Ltd. - Product / Service
Flight Centre Travel Group Ltd. - Key news
Flight Centre Travel Group Ltd. - Key offerings
12.14 JPMorgan Chase and Co.
JPMorgan Chase and Co. - Overview
JPMorgan Chase and Co. - Business segments
JPMorgan Chase and Co. - Key news
JPMorgan Chase and Co. - Key offerings
JPMorgan Chase and Co. - Segment focus
12.15 JTBUSA Inc.
JTBUSA Inc. - Overview
JTBUSA Inc. - Product / Service
JTBUSA Inc. - Key offerings
12.16 MakeMyTrip Ltd.
MakeMyTrip Ltd. - Overview
MakeMyTrip Ltd. - Business segments
MakeMyTrip Ltd. - Key offerings
MakeMyTrip Ltd. - Segment focus
12.17 Travel Leaders Group Holdings LLC
Travel Leaders Group Holdings LLC - Overview
Travel Leaders Group Holdings LLC - Product / Service
Travel Leaders Group Holdings LLC - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Business Travel Market 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Application - Market share 2023-2028 (%)
Exhibits 33: Data Table on Application - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Application
Exhibits 35: Data Table on Comparison by Application
Exhibits 36: Chart on Marketing - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Data Table on Marketing - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Chart on Marketing - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Marketing - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Internal meeting - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Data Table on Internal meeting - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Chart on Internal meeting - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Internal meeting - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Trade show - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Data Table on Trade show - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Chart on Trade show - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Trade show - Year-over-year growth 2023-2028 (%)
Exhibits 48: Chart on Product launch - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Data Table on Product launch - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Chart on Product launch - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Product launch - Year-over-year growth 2023-2028 (%)
Exhibits 52: Market opportunity by Application ($ billion)
Exhibits 53: Data Table on Market opportunity by Application ($ billion)
Exhibits 54: Chart on Type - Market share 2023-2028 (%)
Exhibits 55: Data Table on Type - Market share 2023-2028 (%)
Exhibits 56: Chart on Comparison by Type
Exhibits 57: Data Table on Comparison by Type
Exhibits 58: Chart on Travel fare - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Data Table on Travel fare - Market size and forecast 2023-2028 ($ billion)
Exhibits 60: Chart on Travel fare - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Travel fare - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Lodging - Market size and forecast 2023-2028 ($ billion)
Exhibits 63: Data Table on Lodging - Market size and forecast 2023-2028 ($ billion)
Exhibits 64: Chart on Lodging - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Lodging - Year-over-year growth 2023-2028 (%)
Exhibits 66: Chart on Dining - Market size and forecast 2023-2028 ($ billion)
Exhibits 67: Data Table on Dining - Market size and forecast 2023-2028 ($ billion)
Exhibits 68: Chart on Dining - Year-over-year growth 2023-2028 (%)
Exhibits 69: Data Table on Dining - Year-over-year growth 2023-2028 (%)
Exhibits 70: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 71: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 73: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 74: Market opportunity by Type ($ billion)
Exhibits 75: Data Table on Market opportunity by Type ($ billion)
Exhibits 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 77: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 78: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 79: Chart on Geographic comparison
Exhibits 80: Data Table on Geographic comparison
Exhibits 81: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 83: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 106: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 107: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 110: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 111: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 113: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 114: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 115: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 116: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 117: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 118: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 119: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 120: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 121: Market opportunity By Geographical Landscape ($ billion)
Exhibits 122: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 123: Impact of drivers and challenges in 2023 and 2028
Exhibits 124: Overview on criticality of inputs and factors of differentiation
Exhibits 125: Overview on factors of disruption
Exhibits 126: Impact of key risks on business
Exhibits 127: Companies covered
Exhibits 128: Matrix on companies position and classification
Exhibits 129: ADTRAV Corp. - Overview
Exhibits 130: ADTRAV Corp. - Product / Service
Exhibits 131: ADTRAV Corp. - Key offerings
Exhibits 132: Airbnb Inc. - Overview
Exhibits 133: Airbnb Inc. - Product / Service
Exhibits 134: Airbnb Inc. - Key offerings
Exhibits 135: American Express Global Business Travel GBT - Overview
Exhibits 136: American Express Global Business Travel GBT - Product / Service
Exhibits 137: American Express Global Business Travel GBT - Key offerings
Exhibits 138: ATG Travel Worldwide BV - Overview
Exhibits 139: ATG Travel Worldwide BV - Product / Service
Exhibits 140: ATG Travel Worldwide BV - Key offerings
Exhibits 141: BCD Travel Services BV - Overview
Exhibits 142: BCD Travel Services BV - Product / Service
Exhibits 143: BCD Travel Services BV - Key offerings
Exhibits 144: Booking Holdings Inc. - Overview
Exhibits 145: Booking Holdings Inc. - Product / Service
Exhibits 146: Booking Holdings Inc. - Key offerings
Exhibits 147: Christopherson Business Travel - Overview
Exhibits 148: Christopherson Business Travel - Product / Service
Exhibits 149: Christopherson Business Travel - Key offerings
Exhibits 150: CWT Global BV - Overview
Exhibits 151: CWT Global BV - Product / Service
Exhibits 152: CWT Global BV - Key offerings
Exhibits 153: Direct Travel Inc. - Overview
Exhibits 154: Direct Travel Inc. - Product / Service
Exhibits 155: Direct Travel Inc. - Key offerings
Exhibits 156: Fareportal Inc. - Overview
Exhibits 157: Fareportal Inc. - Product / Service
Exhibits 158: Fareportal Inc. - Key offerings
Exhibits 159: Flight Centre Travel Group Ltd. - Overview
Exhibits 160: Flight Centre Travel Group Ltd. - Product / Service
Exhibits 161: Flight Centre Travel Group Ltd. - Key news
Exhibits 162: Flight Centre Travel Group Ltd. - Key offerings
Exhibits 163: JPMorgan Chase and Co. - Overview
Exhibits 164: JPMorgan Chase and Co. - Business segments
Exhibits 165: JPMorgan Chase and Co. - Key news
Exhibits 166: JPMorgan Chase and Co. - Key offerings
Exhibits 167: JPMorgan Chase and Co. - Segment focus
Exhibits 168: JTBUSA Inc. - Overview
Exhibits 169: JTBUSA Inc. - Product / Service
Exhibits 170: JTBUSA Inc. - Key offerings
Exhibits 171: MakeMyTrip Ltd. - Overview
Exhibits 172: MakeMyTrip Ltd. - Business segments
Exhibits 173: MakeMyTrip Ltd. - Key offerings
Exhibits 174: MakeMyTrip Ltd. - Segment focus
Exhibits 175: Travel Leaders Group Holdings LLC - Overview
Exhibits 176: Travel Leaders Group Holdings LLC - Product / Service
Exhibits 177: Travel Leaders Group Holdings LLC - Key offerings
Exhibits 178: Inclusions checklist
Exhibits 179: Exclusions checklist
Exhibits 180: Currency conversion rates for US$
Exhibits 181: Research methodology
Exhibits 182: Information sources
Exhibits 183: Data validation
Exhibits 184: Validation techniques employed for market sizing
Exhibits 185: Data synthesis
Exhibits 186: 360 degree market analysis
Exhibits 187: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global business travel market: ADTRAV Corp., Airbnb Inc., American Express Global Business Travel GBT, ATG Travel Worldwide BV, BCD Travel Services BV, Booking Holdings Inc., Christopherson Business Travel, CWT Global BV, Direct Travel Inc., Fareportal Inc., FCM Travel Solutions, Flight Centre Travel Group Ltd., JPMorgan Chase and Co., JTBUSA Inc., MakeMyTrip Ltd., Omega World Travel Inc., Travel Leaders Group Holdings LLC, UNIGLOBE Travel International Limited Partnership, Walmart Inc., and WexasA Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing preference of consumers to book through online travel agencies."

According to the report, one of the major drivers for this market is the growing technological advances.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ADTRAV Corp.
  • Airbnb Inc.
  • American Express Global Business Travel GBT
  • ATG Travel Worldwide BV
  • BCD Travel Services BV
  • Booking Holdings Inc.
  • Christopherson Business Travel
  • CWT Global BV
  • Direct Travel Inc.
  • Fareportal Inc.
  • FCM Travel Solutions
  • Flight Centre Travel Group Ltd.
  • JPMorgan Chase and Co.
  • JTBUSA Inc.
  • MakeMyTrip Ltd.
  • Omega World Travel Inc.
  • Travel Leaders Group Holdings LLC
  • UNIGLOBE Travel International Limited Partnership
  • Walmart Inc.
  • WexasA Ltd.

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