Business
Travel Market will register a CAGR of % during 2020-2024. The market’s
growth momentum will Accelerate.
the Growing technological advances will be one of the major factors driving
the growth of this market. Additionally, key Business Travel Market trends such
as the Digitalization of travel payments will also influence market growth
during the forecast period.
Business Travel Market Size
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growth and the market share of various regions
During the forecast period, the Business Travel Market size will grow by $
268.83 bn.
Business Travel Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the Business Travel Market. Though the
forecast period offers opportunities for vendors to increase their market
share, factors such as the Rising number of pandemics | Travel fatigue |
Ill-managed travel plans will also challenge the growth of the companies.
ADTRAV Corp. | Airbnb Inc. | BCD Group | Booking Holdings Inc. | CWT
Global BV | Egencia LLC | FROSCH International Travel Inc. | GBT Travel
Services UK Limited d/b/a/ American Express Global Business Travel | Ovation
Travel Group | Travel Leaders Group LLC.list
are some of the companies covered in Technavio’s Business Travel Market
report for 2020-2024.
Business Travel Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the Business Travel Market.
The APAC will account for the largest Business Travel Market share and
during 2020-2024, the region will contribute to 53% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Business
Travel Market report also analyzes the market by Travel fare | Lodging | Dining |
Other expenditure | APAC | Europe | North America | South America | MEA.comma
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your specific requirements.
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