Press release
Global Business Travel Market Driven by the Need for Face-to-Face Interactions
Global Business Travel Market Driven by the Need for Face-to-Face Interactions
The global business travel market size reached USD 1.1 trillion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.0 trillion by 2033, exhibiting a growth rate (CAGR) of 6.3% during 2025-2033.
The business travel industry in 2025 gives every indication that it is finally on the mend also changing as international economies keep going so as to balance along with businesses revive in face-to-face gatherings, conferences, plus events of course. The personal interaction creates partnerships, seals deals, plus forms global business relationships although virtual communication is a valuable asset. The digital ones with face-to-face meetings hold sway over the future of corporate travel.
business travel demand is driven through the increase in global trade as well as trans-border partnerships as a prominent business driver of the company travel industry. Investment by companies is high for staff travel for industry shows, client interaction activities, and subsequent training sessions. Travel service operators now accept computerized booking systems and AI-based solutions that is easy, affordable, and effective for corporate travel.
As sustainability is a major trend, organizations prefer airlines and carbon emission reduction-oriented green hotels. In 2025, customized travel experiences are in vogue along with flexible booking policies. Wellness-centric services can pick up pace now as well.
As a whole, the business travel market is becoming more of an industry that is technology and sustainability. Smart and more effective methods allow companies to manage corporate travel requirements.
Get your Sample of Business Travel Market Insights for Free: https://www.imarcgroup.com/business-travel-market/requestsample
Industry Segmentation:
Analysis by Type:
• Managed Business Travel
• Unmanaged Business Travel
Analysis by Purpose Type:
• Marketing
• Internal Meetings
• Trade Shows
• Product Launch
• Others
Analysis by Expenditure:
• Travel Fare
• Lodging
• Dining
• Others
Analysis by Age Group:
• Travelers Below 40 Years
• Travelers Above 40 Years
Analysis by Service Type:
• Transportation
• Food and Lodging
• Recreational Activities
• Others
Analysis by Travel Type:
• Group Travel
• Solo Travel
Analysis by End-User:
• Government
• Corporate
• Others
Regional Insights:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America
Who are the key players operating in the industry?
The report covers the major market players, including:
• American Express Company
• BCD Travel
• Booking Holdings
• Corporate Travel Management
• CWT Solutions Group
• Expedia, Inc.
• Fareportal
• Flight Centre Travel Group Limited
• Frosch International Travel
• Navan
• Travel Leaders Franchise Group, LLC
• World Travel, Inc.
Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2130&flag=E
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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