Press release
Latest News 2020: Business Travel Market Will Emerge Globally And Grow With 5.2% of CAGR by 2026 | Know the Impact Analysis of Corona-virus/COVID19
The Global Business Travel Market Ecosystem was valued at US$ 1358 Mn in 2018 and is expected to reach US$ XX Mn by the year 2026, growing at a CAGR of 5.2% by 2027.The ripple effect of Coronavirus-COVID19 on the Business Travel Market Ecosystem needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the Business Travel Market. Key datasets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.
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Business Travel is highly in demand globally due to COVID19/Corona Virus Pandemic situation. Check out the COVID19 Impact on Business Travel Industry with global market positioning and detail profiles
This report evaluates “Global Business Travel Market- Ecosystem” by studying Ecosystem analysis, trend intelligence and market revenue analysis. Rapidly evolving technologies such as mobile payments, artificial intelligence, and virtual reality are boosting the overall growth of business travel market ecosystem. The current generation has grown up with technologies and is comfortable with rapidly evolving technology applications. Millennials are playing an important role in rapidly growing business travel market ecosystem, which is becoming tech savvy and value-driven and is seen as an important factor for global business travel market ecosystem growth. Shifting preference of millennials flexible working hours and remote working opportunities is seen as an indicator of growth.
Market Segmentation:
Following Top Key players are profiled in this Market Study:
Expedia Group, Inc, Booking Holdings, Inc, American Express Global Business Travel, BCD Travel N.V., Carlson Wagonlit Travel and more…
End-Use Industry: BPO, Automobile, Finance, Energy, IT, Pharma
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REGIONAL ANALYSIS OF BUSINESS TRAVEL MARKET ECOSYSTEM
Travel companies are adopting enhanced travel tools that provide work efficiency, cost-reduction, and travellers’ safety. Previously, travel booking tools were addressing the issues of multiple bookings from various customers and refunds. Digitalization in various countries has resulted in the growing use of mobile payments in business travel, which improves efficiency by reducing the amount of time employees spend in travel management.
When it comes to business travel, it is important to make travellers arrive at their destinations feeling rested, focused, and ready to connect. Poorly managed corporate travel programs may frustrate employees and impact business operations. Travel companies are concentrating on continuously improving their services offered to travellers and provide a better travel experience
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Table of Content:
Ecosystem Report – Table of Content
1.Introduction
1.Global Business Travel Market Ecosystem Definition
2.Scope of study
2.Executive Summary
1.Global Market Segmentation
Business Travel Market Ecosystem Positioning
1.Global Business Travel Market Ecosystem Snapshot
2.Global Business Travel Market Ecosystem Segmentation
1.By Component
Business Travel Market Ecosystem Sizing, Volume, and ASP Analysis & Forecast
1.Global Business Travel Market Ecosystem Sizing & Volume
1.Cross-segmentation
And More…
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