Business Travel Market Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-2028

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Global Business Travel Market Research and
Forecast Report 2022-2027




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Business Travel Market Research Report
2022-2027 The latest report by IMARC Group,
titled Business Travel Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2022-2027, finds that the global
business travel market is expected to reach US
1.5 Trillion by 2027, exhibiting a CAGR of 7.88
during 2022-2027. Business travel, or corporate
travel, refers to domestic or international
travel carried out for work or business purposes
on behalf of a company or organization. It
involves traveling for business conferences or
events and to different locations or branches of
a company to meet with buyers or suppliers. It
also includes other activities, such as brand
promotion, meeting clients, new market
assessment, project site evaluation, and employee
training programs. In recent years, business
travel has gained immense popularity across the
globe as it helps improve business prospects and
aids in business expansion. We are regularly
tracking the direct effect of COVID-19 on the
market, along with the indirect influence of
associated industries. These observations will be
integrated into the report. Request for a PDF
sample of this report https//www.imarcgroup.com
/business-travel-market/requestsample

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Report Description and Highlights
Report Description

Global Business Travel Market Trends The
rising digitization in the tourism and corporate
sectors and rapid globalization represent the
primary factors driving the market growth.
Besides this, the emerging trend of Bleisure
travel that incorporates business with pleasure
elements, such as leisure or recreational
activities, for relieving stress and improving
work efficiency is another major growth-inducing
factor. Additionally, the widespread adoption of
advanced technologies, such as the Internet of
Things (IoT), artificial intelligence (AI), and
virtual reality (VR), to automate the process has
facilitated smooth operations for both travelers
and travel operators. Along with this, the
escalating demand for enhanced, efficient, and
personalized customer experiences has propelled
the market growth. Furthermore, several corporate
organizations are entering into tie-ups with the
leading travel companies to offer customized
collaborative spaces and team-building exercises,
thereby contributing to the market growth. Other
factors, including the growing penetration of
high-speed internet for easy travel and bookings,
rising number of small and medium enterprises
(SMEs), developments in the travel and tourism
sector, increased business activities, and
technological advancements, are also creating a
favorable market outlook..
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Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments
• Breakup by Type
• Managed Business Travel
• Unmanaged Business Travel
• Breakup by Purpose Type
• Marketing
• Internal Meetings
• Trade Shows
• Product Launch
• Others
• Breakup by Expenditure
• Travel Fare
• Lodging
• Dining
• Others

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Report Description and Highlights
Report Description

•  
• Breakup by Age Group
• Travelers Below 40 Years
• Travelers Above 40 Years
• Breakup by Service Type
• Transportation
• Food and Lodging
• Recreational Activities
• Others
• Breakup by Travel Type
• Group Travel
• Solo Travel
• Breakup by End-User
• Government
• Corporate
• Others

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Report Description and Highlights
Report Description

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• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
• Competitive Landscape
• Airbnb Inc.
• American Express Company
• BCD Travel
• Booking Holdings Inc.
• Carlson Wagonlit Travel Inc.
• Expedia Group Inc.
• Fareportal Inc.
• Flight Centre Travel Group
• Hogg Robinson Group
• Travel Leaders Group LLC

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Key Questions Answered in the Report
Report Description

1. What is the expected growth rate of the global
business travel market during 2022-2027? 2. What
are the key factors driving the global business
travel market? 3. What has been the impact of
COVID-19 on the global business travel market? 4.
What is the breakup of the global business travel
market based on the type? 5. What is the breakup
of the global business travel market based on the
purpose type? 6. What is the breakup of the
global business travel market based on the
expenditure? 7. What is the breakup of the global
business travel market based on the age group? 8.
What is the breakup of the global business travel
market based on the service type? 9. What is the
breakup of the global business travel market
based on the travel type? 10. What is the breakup
of the global business travel market based on the
end-user? 11. What are the key regions in the
global business travel market? 12. Who are the
key companies/players in the global business
travel market?
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Table of Contents
Report Description

1 Preface 2 Scope and Methodology 2.1
Objectives of the Study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Business Travel Market 5.1 Market
Overview 5.2 Market Performance 5.3
Impact of COVID-19 5.4 Market Forecast
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Table of Contents
Report Description
6 Market Breakup by Type 6.1 Managed
Business Travel 6.1.1 Market Trends
6.1.2 Market Forecast 6.2 Unmanaged
Business Travel 6.2.1 Market Trends
6.2.2 Market Forecast 7 Market Breakup by
Purpose Type 7.1 Marketing 7.1.1
Market Trends 7.1.2 Market Forecast
7.2 Internal Meetings 7.2.1 Market
Trends 7.2.2 Market Forecast 7.3
Trade Shows 7.3.1 Market Trends
7.3.2 Market Forecast Click here to visit the
complete table of content with list of figures
and tables https//www.imarcgroup.com/business-t
ravel-market/toc

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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