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Business Travel Market Size to Reach USD 2.0 Trillion by 2033

The global business travel market size reached USD 1.1 Trillion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.0 Trillion by 2033, exhibiting a growth rate (CAGR) of 6.3% during 2025-2033.

IMARC Group, a leading market research company, has recently released a report titled “Business Travel Market Size, Share, Trends and Forecast by Type, End Use Sector, and Region, 2025-2033”. The study provides a detailed analysis of the industry, including the business travel market trends, growth, size, and industry growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How Big Is the global business travel market?

The global business travel market size reached USD 1.1 Trillion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.0 Trillion by 2033, exhibiting a growth rate (CAGR) of 6.3% during 2025-2033.

The business travel market in 2025 shows strong signs that it is now recovering also transforming as global economies continue so as to stabilize plus companies resume in in-person meetings, conferences, and events of course. Face-to-face interactions build relationships, finalize deals, and foster global partnerships though virtual communication is an important tool. Those digital with physical meetings influence the future for corporate travel.

Corporate trip demand is fueled via the rise in international trade as well as cross-border collaborations as a key driver of the business travel market. Company investment is increased for employee travel for industry exhibitions, client engagement activities, and then training programs. For corporate travel, travel service providers now embrace digital booking platforms and AI-powered solutions that is convenient, cost-effective, and efficient.

Since sustainability represents a big trend, organizations favor airlines and green hotels focused on carbon emission reduction. In 2025, personalized travel experiences gain traction along with flexible booking policies. Wellness-focused services are able to gain traction now as well.

Overall, the market in regard to business travel is evolving into an industry that is more for sustainability and technology. Smarter more efficient ways enable companies to oversee corporate travel needs.

Get your Sample of Business Travel Market Insights for Free: https://www.imarcgroup.com/business-travel-market/requestsample

Industry Segmentation:

Segmentation by Type:

  • Managed Business Travel
  • Unmanaged Business Travel

Segmentation by Purpose Type:

  • Marketing
  • Internal Meetings
  • Trade Shows
  • Product Launch
  • Others

Segmentation by Expenditure:

  • Travel Fare
  • Lodging
  • Dining
  • Others

Segmentation by Age Group:

  • Travelers Below 40 Years
  • Travelers Above 40 Years

Segmentation by Service Type:

  • Transportation
  • Food and Lodging
  • Recreational Activities
  • Others

Segmentation by Travel Type:

  • Group Travel
  • Solo Travel

Segmentation by End-User:

  • Government
  • Corporate
  • Others

Regional Insights:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Who are the key players operating in the industry?

The report covers the major market players including:

  • American Express Company
  • BCD Travel
  • Booking Holdings
  • Corporate Travel Management
  • CWT Solutions Group
  • Expedia, Inc.
  • Fareportal
  • Flight Centre Travel Group Limited
  • Frosch International Travel
  • Navan
  • Travel Leaders Franchise Group, LLC
  • World Travel, Inc.

Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2130&flag=E

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact US:

IMARC Group

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Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302


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