{"product_id":"global-business-travel-market-growth-status-and-outlook-2023-2029","title":"Global Business Travel Market Growth (Status and Outlook) 2023-2029","description":"\u003cp\u003eGlobal Business Travel Market Growth (Status and Outlook) 2023-2029\u003c\/p\u003e\n\n\u003cp\u003eBusiness travel refers to domestic or international trips made by an employee for several business-related purposes, including the organization of trade shows, marketing of the company, product launches, and internal meetings. Tourism is one of the major sources of revenue for a number of countries and has a positive impact on the economy of both the source and host countries. The tourism industry has experienced a high growth in the last six decades, especially in regions like Europe that host a large number of international travelers on short breaks. Tourists usually have high budgets and a preference for good food and luxury accommodations. However, these preferences may differ from one tourist to another. For instance, some tourists prefer simple beach vacations, while others want family-oriented holidays at quieter resorts, uncommercialized places, or niche market-targeted destination hotels.\u003c\/p\u003e\n\n\u003cp\u003eLPI (LP Information)' newest research report, the “Business Travel Industry Forecast” looks at past sales and reviews total world Business Travel sales in 2022, providing a comprehensive analysis by region and market sector of projected Business Travel sales for 2023 through 2029. With Business Travel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Business Travel industry.\u003c\/p\u003e\n\n\u003cp\u003eThis Insight Report provides a comprehensive analysis of the global Business Travel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M\u0026amp;A activity. This report also analyzes the strategies of leading global companies with a focus on Business Travel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Business Travel market.\u003c\/p\u003e\n\n\u003cp\u003eThis Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Business Travel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Business Travel.\u003c\/p\u003e\n\n\u003cp\u003eThe global Business Travel market size is projected to grow from US$ 1156290 million in 2022 to US$ 1465670 million in 2029; it is expected to grow at a CAGR of 3.4% from 2023 to 2029.\u003c\/p\u003e\n\n\u003cp\u003eOne of the major drivers for this market is the growing technological advances. The business travel market relies on technologically advanced solutions that aid travel agents and their clients access the travel data; compare reservation options; and book the most efficient, economical, and comfortable option. Furthermore, advances in artificial intelligence (AI) have helped automate the travel booking process, eliminating the need to re-enter the employee travel preferences and, in turn, saving time and energy.\u003c\/p\u003e\n\n\u003cp\u003eThis report presents a comprehensive overview, market shares, and growth opportunities of Business Travel market by product type, application, key players and key regions and countries.\u003c\/p\u003e\n\n\u003cp\u003eMarket Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eSegmentation by type\u003cbr\u003e\nConsulting Services\u003cbr\u003e\nTransportation \u0026amp; Accommodation Management\u003cbr\u003e\nMeetings \u0026amp; Events Management\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eSegmentation by application\u003cbr\u003e\nLarge Enterprises\u003cbr\u003e\nSMEs\u003cbr\u003e\nGovernment \u0026amp; Nonprofits\u003c\/p\u003e\n\n\u003cp\u003eThis report also splits the market by region:\u003cbr\u003e\nAmericas\u003cbr\u003e\nUnited States\u003cbr\u003e\nCanada\u003cbr\u003e\nMexico\u003cbr\u003e\nBrazil\u003cbr\u003e\nAPAC\u003cbr\u003e\nChina\u003cbr\u003e\nJapan\u003cbr\u003e\nKorea\u003cbr\u003e\nSoutheast Asia\u003cbr\u003e\nIndia\u003cbr\u003e\nAustralia\u003cbr\u003e\nEurope\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nUK\u003cbr\u003e\nItaly\u003cbr\u003e\nRussia\u003cbr\u003e\nMiddle East \u0026amp; Africa\u003cbr\u003e\nEgypt\u003cbr\u003e\nSouth Africa\u003cbr\u003e\nIsrael\u003cbr\u003e\nTurkey\u003cbr\u003e\nGCC Countries\u003c\/p\u003e\n\n\u003cp\u003eThe below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.\u003cbr\u003e\nCorporate Travel Management (CTM)\u003cbr\u003e\nCWT\u003cbr\u003e\nFCM Travel Solutions\u003cbr\u003e\nDirect Travel\u003cbr\u003e\nGBT\u003cbr\u003e\nARTA Travel\u003cbr\u003e\nBCD Group\u003cbr\u003e\nBusiness Tavel\u003cbr\u003e\nCain Travel \u0026amp; Events\u003cbr\u003e\nCorpTrav (FROSCH)\u003cbr\u003e\nEnterprise Holdings\u003cbr\u003e\nGTI Travel\u003cbr\u003e\nJTB Business Travel\u003cbr\u003e\nNational Express\u003cbr\u003e\nRadius Travel\u003cbr\u003e\nSafe Harbors Business Travel\u003cbr\u003e\nTeplis Travel Service\u003c\/p\u003e\n\n\u003cp\u003ePlease note: The report will take approximately 2 business days to prepare and deliver.\u003c\/p\u003e","brand":"Travel \u0026 Leisure","offers":[{"title":"March, 2023 \/ 112 Pages \/ MCW16195397","offer_id":47554615116082,"sku":null,"price":4392.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-business-travel-market-growth-status-and-outlook-2023-2029","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}