Business Travel Management Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Business travel is travel undertaken for work or business purposes, as opposed to other types of travel, such as for leisure purposes or regularly commuting between one's home and workplace.

The global Business Travel Management market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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North American market for Business Travel Management is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Business Travel Management is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Business Travel Management in Group is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Business Travel Management include BCD Travel, ATPI Ltd, Expedia Inc., Airbnb Inc., American Express Travel, Carlson Wagonlit Travel, Flight Centre Travel Group, Hogg Robinson Group and The Priceline Group, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

By Type
• Transportation
• Food & Lodging
• Recreation Activity

By Application
• Group
• Solo

Key Companies
BCD Travel, ATPI Ltd, Expedia Inc., Airbnb Inc., American Express Travel, Carlson Wagonlit Travel, Flight Centre Travel Group, Hogg Robinson Group, The Priceline Group, Fareportal, Inc. (Travelong, Inc.), Wexas Travel

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