Business Travel Market
Business Travel Market - Global Industry Assessment & Forecast
#
Pages:
143
Base Year:
2022
Jun - 2023
Format:
Report Code:
VMR-2161
Segments Covered
By
Service Transportation, Food & Lodging, Recreation
-
By
Industry Government, Corporate
-
By
Traveler Group, Solo
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 742.9 Billion |
 Revenue 2030:
|
USD 1964.1 Billion |
 Revenue CAGR
(2023 - 2030): |
14.9% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Business Travel Market Segment Analysis
- Business Travel Service Outlook (Revenue, USD Million, 2018 - 2030)
- Transportation
- Food & Lodging
- Recreation
- Business Travel Industry Outlook (Revenue, USD Million, 2018 - 2030)
- Government
- Corporate
- Business Travel Traveler Outlook (Revenue, USD Million, 2018 - 2030)
- Group
- Solo
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
-
North America Business Travel Market, by Industry
- Government
- Corporate
-
North America Business Travel Market, by Traveler
- Group
- Solo
- U.S.
- U.S. Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- U.S. Business Travel Market, by Industry
- Government
- Corporate
- U.S. Business Travel Market, by Traveler
- Group
- Solo
- U.S. Business Travel Market, by Service
- Canada
- Canada Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Canada Business Travel Market, by Industry
- Government
- Corporate
- Canada Business Travel Market, by Traveler
- Group
- Solo
- Canada Business Travel Market, by Service
-
Mexico
- Mexico Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Mexico Business Travel Market, by Industry
- Government
- Corporate
- Mexico Business Travel Market, by Traveler
- Group
- Solo
- Mexico Business Travel Market, by Service
-
North America Business Travel Market, by Service
- Europe
-
Europe Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
-
Europe Business Travel Market, by Industry
- Government
- Corporate
-
Europe Business Travel Market, by Traveler
- Group
- Solo
- U. K.
- U.K. Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- U.K. Business Travel Market, by Industry
- Government
- Corporate
- U.K. Business Travel Market, by Traveler
- Group
- Solo
- U.K. Business Travel Market, by Service
- France
- France Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- France Business Travel Market, by Industry
- Government
- Corporate
- France Business Travel Market, by Traveler
- Group
- Solo
- France Business Travel Market, by Service
-
Germany
- Germany Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Germany Business Travel Market, by Industry
- Government
- Corporate
- Germany Business Travel Market, by Traveler
- Group
- Solo
- Germany Business Travel Market, by Service
-
Italy
- Italy Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Italy Business Travel Market, by Industry
- Government
- Corporate
- Italy Business Travel Market, by Traveler
- Group
- Solo
- Italy Business Travel Market, by Service
-
Spain
- Spain Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Spain Business Travel Market, by Industry
- Government
- Corporate
- Spain Business Travel Market, by Traveler
- Group
- Solo
- Spain Business Travel Market, by Service
-
Rest of Europe
- Rest of Europe Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Rest of Europe Business Travel Market, by Industry
- Government
- Corporate
- Rest of Europe Business Travel Market, by Traveler
- Group
- Solo
- Rest of Europe Business Travel Market, by Service
-
Europe Business Travel Market, by Service
- Asia Pacific
-
Asia Pacific Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
-
Asia Pacific Business Travel Market, by Industry
- Government
- Corporate
-
Asia Pacific Business Travel Market, by Traveler
- Group
- Solo
- China
- China Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- China Business Travel Market, by Industry
- Government
- Corporate
- China Business Travel Market, by Traveler
- Group
- Solo
- China Business Travel Market, by Service
- Japan
- Japan Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Japan Business Travel Market, by Industry
- Government
- Corporate
- Japan Business Travel Market, by Traveler
- Group
- Solo
- Japan Business Travel Market, by Service
-
Germany
- Germany Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Germany Business Travel Market, by Industry
- Government
- Corporate
- Germany Business Travel Market, by Traveler
- Group
- Solo
- Germany Business Travel Market, by Service
-
India
- India Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- India Business Travel Market, by Industry
- Government
- Corporate
- India Business Travel Market, by Traveler
- Group
- Solo
- India Business Travel Market, by Service
-
South Korea
- South Korea Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- South Korea Business Travel Market, by Industry
- Government
- Corporate
- South Korea Business Travel Market, by Traveler
- Group
- Solo
- South Korea Business Travel Market, by Service
-
South East Asia
- South East Asia Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- South East Asia Business Travel Market, by Industry
- Government
- Corporate
- South East Asia Business Travel Market, by Traveler
- Group
- Solo
- South East Asia Business Travel Market, by Service
-
Rest of Asia Pacific
- Rest of Asia Pacific Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Rest of Asia Pacific Business Travel Market, by Industry
- Government
- Corporate
- Rest of Asia Pacific Business Travel Market, by Traveler
- Group
- Solo
- Rest of Asia Pacific Business Travel Market, by Service
-
Asia Pacific Business Travel Market, by Service
- Latin America
-
Latin America Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
-
Latin America Business Travel Market, by Industry
- Government
- Corporate
-
Latin America Business Travel Market, by Traveler
- Group
- Solo
- Brazil
- Brazil Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Brazil Business Travel Market, by Industry
- Government
- Corporate
- Brazil Business Travel Market, by Traveler
- Group
- Solo
- Brazil Business Travel Market, by Service
- Argentina
- Argentina Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Argentina Business Travel Market, by Industry
- Government
- Corporate
- Argentina Business Travel Market, by Traveler
- Group
- Solo
- Argentina Business Travel Market, by Service
-
Rest of Latin America
- Rest of Latin America Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Rest of Latin America Business Travel Market, by Industry
- Government
- Corporate
- Rest of Latin America Business Travel Market, by Traveler
- Group
- Solo
- Rest of Latin America Business Travel Market, by Service
-
Latin America Business Travel Market, by Service
- Middle East & Africa
-
Middle East & Africa Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
-
Middle East & Africa Business Travel Market, by Industry
- Government
- Corporate
-
Middle East & Africa Business Travel Market, by Traveler
- Group
- Solo
- GCC Countries
- GCC Countries Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- GCC Countries Business Travel Market, by Industry
- Government
- Corporate
- GCC Countries Business Travel Market, by Traveler
- Group
- Solo
- GCC Countries Business Travel Market, by Service
- South Africa
- South Africa Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- South Africa Business Travel Market, by Industry
- Government
- Corporate
- South Africa Business Travel Market, by Traveler
- Group
- Solo
- South Africa Business Travel Market, by Service
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Business Travel Market, by Service
- Transportation
- Food & Lodging
- Recreation
- Rest of Middle East & Africa Business Travel Market, by Industry
- Government
- Corporate
- Rest of Middle East & Africa Business Travel Market, by Traveler
- Group
- Solo
- Rest of Middle East & Africa Business Travel Market, by Service
-
Middle East & Africa Business Travel Market, by Service
- North America
Vantage Market
Research | 12-Jun-2023
FAQ
Frequently Asked Question
What is the global demand for Business Travel in terms of revenue?
-
The global Business Travel valued at USD 742.9 Billion in 2022 and is expected to reach USD 1964.1 Billion in 2030 growing at a CAGR of 14.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Airbnb Inc. (U.S.), American Express Company (U.S.), BCD Group (BCD TRAVEL) (Netherlands), Booking Holdings Inc. (U.S.), Carlson Wagonlit Travel (CWT) (U.S.), Corporate Travel Management (Australia), Expedia Inc. (U.S.), FAREPORTAL Inc. (U.S.), Flight Centre Travel Group Ltd. (Australia), Wexas Ltd. (UK).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 14.9% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Business Travel include
- Rising demand of bleisure
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Business Travel in 2022.
