Business Travel Market Size and Growth 2021-2028 | Key players – Carlson Holdings American Express Company, Expedia Group Airbnb, Flight Center Travel Group, Priceline Group, Wexas Travel and BCD Group.
New Jersey, United States, – The Business travel market Size and forecast to 2028, this report provides an analysis of the impact of the COVID19 epidemic on the key points influencing the growth of the market. In addition, the business travel market segments (by major players, types, applications and major regions) outlook, business valuation, competitive scenario, trends and forecasts for the coming years. The study of the Business Travel report is carried out on the basis of a substantial research methodology, which enables analytical inspection of the global market by means of different segments in which the industry is also alienated in summary, an increase in the size of the market due to the different possibilities of prospects. The report also gives a 360-degree view of the competitive landscape industries. SWOT analysis has been used to understand the strengths, weaknesses, opportunities and threats of businesses. This will help businesses understand the threats and challenges they face. The business travel market is showing steady growth and the CAGR is expected to improve during the forecast period.
The business travel market was valued at $ 1.32 billion in 2019 and is expected to reach $ 1.78 billion by 2027, with a CAGR of 3.83% from 2020 to 2027.
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The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:
Carlson Holdings American Express Company, Expedia Group Airbnb, Flight Center Travel Group, Priceline Group, Wexas Travel and BCD Group.
Segmentation of the business travel market
Business travel market, by department
• Transportation • Food and accommodation • Commercial activities
Business Travel Market, By Industry
• Government • Business
Business travel market, per traveler
• Group • Solo
This report provides in-depth business travel analysis, current trends as well as comprehensive analysis based on type, application, and players. The report includes detailed analysis of competitors, SWOT analysis, industry structure and production process view. The report explains that the business travel market is fueled by several factors. This study underlines how important it is to carry out in-depth analyzes and how much this has a strong impact on the quality of the information made available to readers. Further, the report examines the impact on the Business Travel market of the COVID-19 pandemic and provides a clear assessment of the market trends for the forecast period.
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Scope of the Business Travel Market Report
Market size available for years
2021 – 2028
Reference year considered
2015 – 2020
2021 – 2028
Revenue in millions of USD and CAGR from 2021 to 2028
Types, applications, end users, etc.
Cover of the report
Revenue forecast, company ranking, competitive landscape, growth factors and trends
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization
Free customization of the report (equivalent to up to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options
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Geographic segment covered in the report:
• North America (United States and Canada) • Europe (UK, Germany, France and rest of Europe) • Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region) • Latin America (Brazil, Mexico and the rest of Latin America) • Middle East and Africa (GCC and rest of Middle East and Africa)
Key questions answered in the report:
What is the growth potential of the business travel market?
Which product segment will take the lion’s share?
Which regional market will emerge as a pioneer in the years to come?
Which application segment will experience strong growth?
What growth opportunities might arise in the business travel industry in the years to come?
What are the most important challenges that the business travel market could face in the future?
Who are the leading companies in the business travel market?
What are the main trends that are positively impacting the growth of the market?
What growth strategies are players considering to stay in the business travel market?
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