Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1040.27 Billion | USD 3697.19 Billion | 13.52% | 2024 |
FrequentlyAsked Questions
Corporate travel is a kind of tourism in which people travel for purpose of doing business in other regions.
The global corporate travel market is expected to grow due to increasing international trade, and demand for travel management solutions; recovering post-pandemic travel boosting market rebound.
According to a study, the global corporate travel market size was worth around USD 1040.27 Billion in 2024 and is expected to reach USD 3697.19 Billion by 2034.
The global corporate travel market is expected to grow at a CAGR of 13.52% during the forecast period.
North America is expected to dominate the corporate travel market over the forecast period.
Leading players in the global corporate travel market include 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., among others.
The report explores crucial aspects of the corporate travel market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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