Business travel management providers offer services to help companies create ideal and effective travel arrangement processes. Providers help direct businesses toward the most favorable airfare, hotel, rental car, and travel insurance accommodations on an ad-hoc or ongoing basis.
This report contains market size and forecasts of Business Travel Management Service in Global, including the following market information:
Global Business Travel Management Service Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Business Travel Management Service market was valued at 7636.7 million in 2021 and is projected to reach US$ 10390 million by 2028, at a CAGR of 4.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Consulting Service Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Business Travel Management Service include Carlson Wagonlit Travel, Corporate Travel Management, S.R. Travel Service, FCM Travel Solutions, GBT Travel Services, ARTA Travel, BCD Group, Cain Travel and Corporate Travel Planners, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Business Travel Management Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Business Travel Management Service Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Business Travel Management Service Market Segment Percentages, by Type, 2021 (%)
Consulting Service
Management Software
Global Business Travel Management Service Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Business Travel Management Service Market Segment Percentages, by Application, 2021 (%)
Large Enterprises
SMEs
Global Business Travel Management Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Business Travel Management Service Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Business Travel Management Service revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Business Travel Management Service revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Carlson Wagonlit Travel
Corporate Travel Management
S.R. Travel Service
FCM Travel Solutions
GBT Travel Services
ARTA Travel
BCD Group
Cain Travel
Corporate Travel Planners
EHI Direct
CorpTrav