One of the major drivers of this market is that technology advances are growing. The business travel market relies on technically advanced solutions to help travel agencies and customers access their travel data. Compare booking options. Book the most efficient, economical and comfortable options. In addition, advances in artificial intelligence (AI) have helped automate the travel booking process, eliminating the need to re-enter employee travel preferences, saving time and energy. Global Business Travel Market is expected to rise from its initial estimated value of USD 1375.36 billion in 2018 to an estimated value of USD 1915.83 billion by 2026, registering a CAGR of 4.23% in the forecast period of 2019-2026. Rise in the travel and tourism industry is the major factor for the growth of this market.
Detailed segmentation premised on product type, application and regional segmentation is presented in the report. The Business Travel Market. Report examines the competitive scenario of the manufacturer and gives market share to all major players on the basis of production capacity, sales, revenue, geographical presence and other important factors. The Business Travel Market report also covers import / export data in all the key regions covered by the report. In addition, we can only provide information on import / export data in any particular country as required.
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Key Market Competitors: Global Business Travel Market
Few of the major competitors currently working in the business travel market are Airbnb, Inc., American Express Company, Expedia, Inc., BCD Travel, CWT, Flight Centre Travel Group Limited, Hogg Robinson Ltd, Booking Holdings, Fareportal, WEXAS TRAVEL, Travel Leaders Group.
The Business Travel Market report also covers a detailed description, a competitive scenario, a wide range of leading players in this market and business strategies adopted by competitors in conjunction with their SWOT analysis. On country level, the regional segment is further divided. The analysis report on the Business Travel Market covers a detailed analysis of the value chain of the Business Travel Market
Business Travel Breakdown Data by Type
Marketing, Trade Shows, Internal Meeting, Product Launch
Business Travel Breakdown Data by Application
Below 40 Years, Above 40 Years
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Business Travel.
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FROM TABLE OF CONTENTS- Business Travel Market
1 Study Coverage
2 Executive Summary
3 Business Travel Market Size by Manufacturers
4 Business Travel Production by Regions
5 Business Travel Consumption by Regions
6 Business Travel Market Size by Type
8 Manufacturers Profiles
9 Production Forecasts
10 Consumption Forecast
11 Value Chain and Sales Channels Analysis
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Main Aspects covered in the Business Travel Market Report
- Overview of the Business Travel market including production, consumption, status & forecast and market growth
- 2015-2018 historical data and 2019-2025 market forecast
- Geographical analysis including major countries
- Overview the product type market including development
- Overview the end-user market including development
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