Business Travel Market to Grow Significantly by 2019-2026 Focusing on Leading Players are Airbnb, Inc., American Express Company, Expedia, Inc., BCD Travel
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In addition, the years considered for the study are as follows:
Historical year – 2013-2018 | Base year – 2018 | Forecast period – 2019 to 2026
The Major players profiled in this report include Airbnb, Inc., American Express Company, Expedia, Inc., BCD Travel, CWT, Flight Centre Travel Group Limited, Hogg Robinson Ltd, Booking Holdings, Fareportal, WEXAS TRAVEL, Travel Leaders Group.
Global Business Travel Market: Segment Analysis
By Service (Transportation, Food & Lodging, Recreation Activity),
Industry (Government, Corporate),
Traveller (Group, Solo)
Unique structure of the report
Global Business Travel Market is expected to rise from its initial estimated value of USD 1375.36 billion in 2018 to an estimated value of USD 1915.83 billion by 2026, registering a CAGR of 4.23% in the forecast period of 2019-2026. Rise in the travel and tourism industry is the major factor for the growth of this market.
Business travel is the journey which is done for the business or work purposes only. These are usually done to meet the customers, meeting at other company, to visit any worksite, building new partnership, strengthening relations between companies or for the promotion of any product. These days, conference rooms and meeting rooms are there in the hotel itself so that meeting can be held there.
Highlights following MARKET DRIVERS AND RESTRAINT:
Increase in urbanization is the major factor for the growth of this market.
Development in the travel and tourism is driving the market.
Increase in the advanced technology like video conferencing is the major factor restraining the growth of this market.
In February 2018, American Express Global business Travel announced the launch of its Business Travel Made offer which will help the companies to easily role out travel management platform.
In March 2016, QuadLabs announced the launch of their new cooperate booking tool for the travel management company and business traveller across the globe so that there will be smooth relationship between the travel houses and their clients.
Research Methodology: Global Business Travel Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Most important Highlights of TOC:
1 Introduction of Business Travel Market
1.1 Overview of the Market
1.2 Scope of Report
2 Exclusive Summary
3 Research Methodology
3.1 Primary Interviews
3.2 Data Mining
3.4 List of Statistics
4 Business Travel Market Segment & Geographic Analysis
4.1 By Type [2013-2026]
4.2 By Application [2013-2026]
4.3 By Region [2013-2026]
5 Business Travel Market Outlook
5.2 Market Dynamics
5.3 Porter’s Five Force Model
5.4 Value Chain Analysis
6 Business Travel Market Competitive Landscape
6.2 Key Development Policies
6.3 Company Market Standing
Browse Full Report with Facts and Figures of Business Travel Market Report at: https://www.databridgemarketresearch.com/toc/?dbmr=global-business-travel-market
At the Last, Business Travel industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher’s disclaimer.
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