Research Reports
Business Travel Market Projected to Deliver Greater Revenues By 2026
Published by Vironi Solutions LLP
Posted on October 11, 2021
4 min readLast updated: January 29, 2026
Global Banking & Finance Review®
Company
Published by Vironi Solutions LLP
Posted on October 11, 2021
4 min readLast updated: January 29, 2026
The Business Travel Market is projected to reach $2,034.20 Bn by 2026, driven by new trends and government support, with a CAGR of 5.2%.
Latest market research report on the Global Business Travel Market provides a comprehensive analysis of some of the most significant trends and patterns that are anticipated to impact the market potentials throughout the forecast period. Regal Intelligence defines an emerging trend as a leading factor that has the latent to strike the market and bestow to its growth or decline.
Business Travel Market is expected to reach US$ 2,034.20 Bn by 2026, expanding at a CAGR of 5.2% during the forecast period 2021-2026
The report considers the current market trends and inclinations, along with the future potential growth opportunities of Business Travel in the consumer goods industry. Additionally, it studies the extent of applications for Business Travel in various regions and proposes the future growth potentials by analyzing the stringent government regulations and policies, thereby accentuating the consumer demand in that region. The market provided is based on the consumer acceptance or consumption quantity across various applications at the local and regional space. Furthermore, by conducting a top-down & bottom-up approach and considering all the price trends, the market value and volumes were derived.
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The leading competitors in the global Business Travel market have adopted different key strategies, approaches, and methodologies, including product launch, partnerships & collaborations, mergers & acquisitions, and agreements, to sustain the intense level of competition in the global marketplace. The leading participants profiled in this research report are the consumer goods manufacturers, who serve the product globally to several end-user industries. The data with regards to the key competitors and their strategic moves are collected by means of annual reports and press releases of respective companies, different blogs available on their company homepages, and primary calls made to the specialists in the industry.
Prominent Players:
Expedia Group, Inc., Booking Holdings, Inc., American Express Global Business Travel, BCD Travel N.V., Carlson Wagonlit Travel, among others.
The Global Business Travel Industry Segmentation:
By Business Traveler Type:
By Type:
By Purpose:
By Composition:
By Distribution Channel:
By End-use:
Key Trends that Drive the Growth of the Global Business Travel Market are Given Below:
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Key Market Benefits:
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The article focuses on the projected growth of the Business Travel Market by 2026.
Key players include Expedia Group, Booking Holdings, and American Express Global Business Travel.
Growth is driven by new applications, product designs, and government regulations.
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