Business Travel Management Service Market Report 2026

The business travel management service market size has grown strongly in recent years. It will grow from $8.53 billion in 2025 to $9.06 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of corporate globalization, growth in business travel spending, adoption of centralized travel booking systems, increasing demand for expense management solutions, expansion of managed travel services.

The business travel management service market size is expected to see strong growth in the next few years. It will grow to $11.19 billion in 2030 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to increasing focus on sustainable corporate travel, rising integration of ai-based travel planning tools, expansion of real-time travel analytics, growing demand for flexible travel policies, continued recovery of global business travel. Major trends in the forecast period include increasing adoption of digital travel management platforms, rising focus on cost optimization and policy compliance, growing demand for sustainable travel programs, expansion of data-driven travel insights, enhanced emphasis on traveler safety.

The growth of the travel and tourism industry is anticipated to drive the expansion of the business travel management services market in the future. The travel and tourism industry encompasses a broad range of businesses, services, and activities associated with travel, tourism, and hospitality, as well as individuals traveling domestically or internationally. Travel and tourism are increasing due to improved accessibility, affordability, and the overall appeal of travel. Business travel management services play a vital role within the travel and tourism industry by offering specialized solutions that improve the efficiency, cost control, and overall experience of corporate travel. For example, in 2023, according to Condor Ferries Limited, a US-based travel services company, 59% of US visitors visited aquariums, 56% attended scientific museums, 49% explored historical and cultural sites, and 46% participated in sightseeing excursions. Additionally, in August 2025, the UK Parliament, a UK-based government organization, reported that UK residents made 94.6 million overseas trips in 2024, compared to 86.2 million trips in 2023. Therefore, the expansion of the travel and tourism industry is contributing to the growth of the business travel management services market.

Major companies in the business travel management services sector are leveraging technology innovation by developing new apps aimed at simplifying business travel, streamlining booking processes, enhancing traveler safety, and providing real-time updates. These apps serve as centralized platforms where users can efficiently manage all aspects of their travel itinerary, including booking flights, accommodations, scheduling meetings, and arranging transportation. For example, in April 2024, Trip.Biz, a digital travel management company based in Singapore and part of the Trip.com Group, introduced the Trip.Biz app. This app is specifically designed to optimize corporate travel arrangements by integrating user-friendly technology and emphasizing sustainability. It offers round-the-clock customer support in multiple languages, ensuring a seamless experience for users handling their corporate travel requirements. Through such technological advancements, companies in the business travel management services sector aim to enhance efficiency, improve user experience, and meet the evolving needs of corporate travelers worldwide.

In March 2023, Travelport, a travel company headquartered in the UK, completed the acquisition of Deem Inc. for an undisclosed amount. This strategic move by Travelport is intended to bolster its portfolio and enhance capabilities in corporate travel management. Deem Inc., based in the US, specializes in providing software and solutions designed to streamline and optimize business travel management processes. Through this acquisition, Travelport aims to offer businesses more efficient and integrated travel solutions, catering to the needs of corporate travelers seeking enhanced productivity and cost-effectiveness in managing their travel arrangements.

Major companies operating in the business travel management service market are American Express Company, Booking Holdings Inc., Expedia Group Inc., Carlson Wagonlit Travel, BCD Travel, GBT Travel Services UK Limited, Christopherson Business Travel, Flight Centre Travel Group Limited, Fareportal Inc., Direct Travel Inc., Travel Leaders Group LLC, Corporate Travel Management Limited, FCM Travel Solutions, Adelman Travel Group, Safe Harbors Business Travel Inc., JTB Business Travel, Corporate Travel Planners Inc., Cain Travel & Events, ARTA Travel, Radius Travel, GTI Travel, Egencia

North America was the largest region in the business travel management service market in 2025. The regions covered in the business travel management service market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the business travel management service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The business travel management services market includes revenues earned by entities by providing services such as travel and expense management, risk management and duty of care, and corporate meetings and management and related online booking tools, expense management software, travel management platforms, and itinerary management tools. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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