Corporate Travel Market Size, Share, Growth Report 2032

Corporate Travel Market

Corporate Travel Market By Service (Transportation, Food & Lodging, and Recreation), By End-User Industry (Government and Corporate), By Traveler (Group and Solo), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 - 2030

Category: Consumer Goods Report Format : PDF Pages: 190 Report Code: ZMR-7094 Published Date: Jan-2023 Status : Published

Global corporate travel market was evaluated at $711.1 billion in 2021 and is slated to hit $2,997.2 billion by the end of 2030 with a CAGR of nearly 13.3%

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Corporate Travel Market, (2022 - 2030) (USD Billion)
    • 2.2 Global Corporate Travel Market : snapshot
  • Chapter 3. Global Corporate Travel Market - Industry Analysis
    • 3.1 Corporate Travel Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Large-scale penetration of robotic technology in travel & tourism sector to foster global corporate travel industry expansion
    • 3.3 Market Restraints
      • 3.3.1. Increase in use of advanced techniques such as videoconferencing to impede the global market expansion
    • 3.4 Market Opportunities
      • 3.4.1. Thriving travel retail sector to create new growth opportunities for the global market
    • 3.5 Market Challenges
      • 3.5.1. Large-scale utilization of online technologies to pose a challenge to the growth of the global industry
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Service
      • 3.7.2 Market attractiveness analysis By End-User Industry
      • 3.7.3 Market attractiveness analysis By Traveler
  • Chapter 4. Global Corporate Travel Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Corporate Travel Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Corporate Travel Market - Service Analysis
    • 5.1 Global Corporate Travel Market overview: By Service
      • 5.1.1 Global Corporate Travel Market share, By Service, 2021 and 2030
    • 5.2 Transportation
      • 5.2.1 Global Corporate Travel Market by Transportation, 2022 - 2030 (USD Billion)
    • 5.3 Food & Lodging
      • 5.3.1 Global Corporate Travel Market by Food & Lodging, 2022 - 2030 (USD Billion)
    • 5.4 Recreation
      • 5.4.1 Global Corporate Travel Market by Recreation, 2022 - 2030 (USD Billion)
  • Chapter 6. Global Corporate Travel Market - End-User Industry Analysis
    • 6.1 Global Corporate Travel Market overview: By End-User Industry
      • 6.1.1 Global Corporate Travel Market share, By End-User Industry, 2021 and 2030
    • 6.2 Government
      • 6.2.1 Global Corporate Travel Market by Government, 2022 - 2030 (USD Billion)
    • 6.3 Corporate
      • 6.3.1 Global Corporate Travel Market by Corporate, 2022 - 2030 (USD Billion)
  • Chapter 7. Global Corporate Travel Market - Traveler Analysis
    • 7.1 Global Corporate Travel Market overview: By Traveler
      • 7.1.1 Global Corporate Travel Market share, By Traveler, 2021 and 2030
    • 7.2 Group
      • 7.2.1 Global Corporate Travel Market by Group, 2022 - 2030 (USD Billion)
    • 7.3 Solo
      • 7.3.1 Global Corporate Travel Market by Solo, 2022 - 2030 (USD Billion)
  • Chapter 8. Corporate Travel Market - Regional Analysis
    • 8.1 Global Corporate Travel Market Regional Overview
    • 8.2 Global Corporate Travel Market Share, by Region, 2021 & 2030 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Corporate Travel Market, 2022 - 2030 (USD Billion)
        • 8.3.1.1 North America Corporate Travel Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 North America Corporate Travel Market, by Service, 2022 - 2030
      • 8.4.1 North America Corporate Travel Market, by Service, 2022 - 2030 (USD Billion)
    • 8.5 North America Corporate Travel Market, by End-User Industry, 2022 - 2030
      • 8.5.1 North America Corporate Travel Market, by End-User Industry, 2022 - 2030 (USD Billion)
    • 8.6 North America Corporate Travel Market, by Traveler, 2022 - 2030
      • 8.6.1 North America Corporate Travel Market, by Traveler, 2022 - 2030 (USD Billion)
    • 8.4. Europe
      • 8.4.2 Europe Corporate Travel Market, 2022 - 2030 (USD Billion)
        • 8.4.2.1 Europe Corporate Travel Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 Europe Corporate Travel Market, by Service, 2022 - 2030
      • 8.4.1 Europe Corporate Travel Market, by Service, 2022 - 2030 (USD Billion)
    • 8.5 Europe Corporate Travel Market, by End-User Industry, 2022 - 2030
      • 8.5.1 Europe Corporate Travel Market, by End-User Industry, 2022 - 2030 (USD Billion)
    • 8.6 Europe Corporate Travel Market, by Traveler, 2022 - 2030
      • 8.6.1 Europe Corporate Travel Market, by Traveler, 2022 - 2030 (USD Billion)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Corporate Travel Market, 2022 - 2030 (USD Billion)
        • 8.5.3.1 Asia Pacific Corporate Travel Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 Asia Pacific Corporate Travel Market, by Service, 2022 - 2030
      • 8.4.1 Asia Pacific Corporate Travel Market, by Service, 2022 - 2030 (USD Billion)
    • 8.5 Asia Pacific Corporate Travel Market, by End-User Industry, 2022 - 2030
      • 8.5.1 Asia Pacific Corporate Travel Market, by End-User Industry, 2022 - 2030 (USD Billion)
    • 8.6 Asia Pacific Corporate Travel Market, by Traveler, 2022 - 2030
      • 8.6.1 Asia Pacific Corporate Travel Market, by Traveler, 2022 - 2030 (USD Billion)
    • 8.6. Latin America
      • 8.6.4 Latin America Corporate Travel Market, 2022 - 2030 (USD Billion)
        • 8.6.4.1 Latin America Corporate Travel Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 Latin America Corporate Travel Market, by Service, 2022 - 2030
      • 8.4.1 Latin America Corporate Travel Market, by Service, 2022 - 2030 (USD Billion)
    • 8.5 Latin America Corporate Travel Market, by End-User Industry, 2022 - 2030
      • 8.5.1 Latin America Corporate Travel Market, by End-User Industry, 2022 - 2030 (USD Billion)
    • 8.6 Latin America Corporate Travel Market, by Traveler, 2022 - 2030
      • 8.6.1 Latin America Corporate Travel Market, by Traveler, 2022 - 2030 (USD Billion)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Corporate Travel Market, 2022 - 2030 (USD Billion)
        • 8.7.5.1 The Middle-East and Africa Corporate Travel Market, by Country, 2022 - 2030 (USD Billion)
    • 8.4 The Middle-East and Africa Corporate Travel Market, by Service, 2022 - 2030
      • 8.4.1 The Middle-East and Africa Corporate Travel Market, by Service, 2022 - 2030 (USD Billion)
    • 8.5 The Middle-East and Africa Corporate Travel Market, by End-User Industry, 2022 - 2030
      • 8.5.1 The Middle-East and Africa Corporate Travel Market, by End-User Industry, 2022 - 2030 (USD Billion)
    • 8.6 The Middle-East and Africa Corporate Travel Market, by Traveler, 2022 - 2030
      • 8.6.1 The Middle-East and Africa Corporate Travel Market, by Traveler, 2022 - 2030 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Airbnb Inc.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Corporate Travel Management
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Expedia Inc.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 American Express
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Flight Centre Travel Group Limited
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 BCD Group
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Fareportal
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Booking Holdings Inc.
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Carlson Wagonlit Travel
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Wexas Limited.
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Corporate Travel Market, 2022 - 2030 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Corporate Travel Market attractiveness, By Service
  • 6. Global Corporate Travel Market attractiveness, By End-User Industry
  • 7. Global Corporate Travel Market attractiveness, By Traveler
  • 8. Global Corporate Travel Market share by Service, 2022 and 2030 (USD Billion)
  • 9. Global Corporate Travel Market by Transportation, 2022 - 2030 (USD Billion)
  • 10. Global Corporate Travel Market by Food & Lodging, 2022 - 2030 (USD Billion)
  • 11. Global Corporate Travel Market by Recreation, 2022 - 2030 (USD Billion)
  • 12. Global Corporate Travel Market share by End-User Industry, 2022 and 2030 (USD Billion)
  • 13. Global Corporate Travel Market by Government, 2022 - 2030 (USD Billion)
  • 14. Global Corporate Travel Market by Corporate, 2022 - 2030 (USD Billion)
  • 15. Global Corporate Travel Market share by Traveler, 2022 and 2030 (USD Billion)
  • 16. Global Corporate Travel Market by Group, 2022 - 2030 (USD Billion)
  • 17. Global Corporate Travel Market by Solo, 2022 - 2030 (USD Billion)
  • 18. Global Corporate Travel Market share, by Region, 2022 and 2030
  • 19. North America Corporate Travel Market, 2022 - 2030 (USD Billion)
  • 20. Europe Corporate Travel Market, 2022 - 2030 (USD Billion)
  • 21. Asia Pacific Corporate Travel Market, 2022 - 2030 (USD Billion)
  • 22. Latin America Corporate Travel Market, 2022 - 2030 (USD Billion)
  • 23. The Middle-East and Africa Corporate Travel Market, 2022 - 2030 (USD Billion)

Table Of Tables

  • 1. Global Corporate Travel Market: Snapshot
  • 2. Drivers of the Corporate Travel Market: impact analysis
  • 3. North America Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 4. North America Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 5. North America Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 6. U.S. Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 7. U.S. Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 8. U.S. Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 9. Canada Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 10. Canada Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 11. Canada Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 12. Europe Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 13. Europe Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 14. Europe Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 15. Germany Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 16. Germany Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 17. Germany Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 18. France Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 19. France Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 20. France Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 21. U.K. Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 22. U.K. Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 23. U.K. Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 24. Italy Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 25. Italy Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 26. Italy Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 27. Spain Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 28. Spain Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 29. Spain Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 30. Rest of Europe Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 31. Rest of Europe Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 32. Rest of Europe Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 33. Asia Pacific Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 34. Asia Pacific Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 35. Asia Pacific Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 36. China Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 37. China Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 38. China Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 39. Japan Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 40. Japan Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 41. Japan Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 42. India Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 43. India Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 44. India Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 45. South Korea Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 46. South Korea Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 47. South Korea Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 48. South-East Asia Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 49. South-East Asia Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 50. South-East Asia Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 51. Rest of Asia Pacific Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 52. Rest of Asia Pacific Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 53. Rest of Asia Pacific Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 54. Latin America Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 55. Latin America Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 56. Latin America Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 57. Brazil Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 58. Brazil Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 59. Brazil Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 60. Mexico Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 61. Mexico Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 62. Mexico Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 63. Rest of Latin America Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 64. Rest of Latin America Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 65. Rest of Latin America Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 66. The Middle-East and Africa Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 67. The Middle-East and Africa Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 68. The Middle-East and Africa Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 69. GCC Countries Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 70. GCC Countries Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 71. GCC Countries Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 72. South Africa Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 73. South Africa Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 74. South Africa Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)
  • 75. Rest of Middle-East Africa Corporate Travel Market revenue, By Service, 2022 - 2030 (USD Billion)
  • 76. Rest of Middle-East Africa Corporate Travel Market revenue, By End-User Industry, 2022 - 2030 (USD Billion)
  • 77. Rest of Middle-East Africa Corporate Travel Market revenue, By Traveler, 2022 - 2030 (USD Billion)

Methodology

FrequentlyAsked Questions

The global corporate travel market is anticipated to expand over 2022-2030 owing to establishment of smart hotels & restaurants and the use of new technologies such as virtual reality & machine learning algorithms as well as AI for hotel booking in the travel sector.

According to study, the global corporate travel market size was $711.1 billion in 2021 and is projected to reach $2,997.2 billion by the end of 2030 with a compound annual growth rate (CAGR) of roughly 13.3% between 2022 and 2030.

The Asia-Pacific corporate travel market is anticipated to record the highest growth in the forthcoming years due to the presence of strong infrastructure in countries such as Japan, India, and China. Moreover, the Asia-Pacific region accounted for about 44% of the global market share in 2021 due to governments in the region providing impetus and soaps to the travel & tourism industry.   

The global corporate travel market is led by players like Airbnb, Inc., Corporate Travel Management, Expedia, Inc., American Express, Flight Centre Travel Group Limited, BCD Group, Fareportal, Booking Holdings, Inc., Carlson Wagonlit Travel, and Wexas Limited.

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