Business Travel Market by Expenditure, Age, Application, and Geography - 2020

Posted by sarahbennu on November 30th, 2020

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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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

Our Custom Research Solutions can provide tailored Business Travel Market information to meet your specific requirements.