Business Travel Market to Record Growth Worth $ 1,040.59 billion with ADTRAV Corp. and Airbnb Inc. Holding Dominant Positions in the Vendor Landscape | 17,000+ Technavio Research Reports

NEW YORK, Sept. 7, 2021 /PRNewswire/ — The »Business Travel Market by Expenditure, Age, Application, and Geography – Forecast and Analysis…

NEW YORK, Sept. 7, 2021 /PRNewswire/ — The »Business Travel Market by Expenditure, Age, Application, and Geography – Forecast and Analysis 2021-2025« report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 

The potential growth difference for the business travel market between 2021 and 2025 is USD 1,040.59 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Click Here

Key Market Dynamics: 

  • Market Driver 
  • Market Challenges 

The growth in technological advances and digitalization of travel payments are some of the key market drivers expected to drive the market during the forecast period. However, factors such as travel fatigue and pandemic restrictions will challenge market’s growth.  

To learn about additional key drivers, trends, and challenges available with TechnavioTake a look at our FREE Sample Report right now! 

The business travels market report is segmented by expenditure (travel fare, lodging, dining, and others), age (above 40 years and below 40 years), application (marketing, internal meeting, trade show, and product launch), and geography (APAC, Europe, North America, South America, and MEA). Moreover, 42% of the market’s growth will originate from APAC during the forecast period with China and Japan emerging as the key revenue-generating economies for the business travel market in the region.  

View our sample report for accurate prediction of the contribution of all the segments, and regional opportunities in store. 

Companies Mentioned with their Offerings 

  • ADTRAV Corp.
  • Airbnb Inc.
  • BCD Travel Services BV
  • Booking Holdings Inc.
  • CWT Global BV
  • To Gain Access to more Vendor Profiles with their Key Offerings available with Technavio, Click Here 

Related Reports on Consumer Discretionary Industry Include:

Luxury Travel Market by Type, Consumer, and Geography – Forecast and Analysis 2021-2025

Wellness Tourism Market by Type, Application, and Geography – Forecast and Analysis 2020-2024

Key Topics Covered: 

  • Executive Summary 
  • Market Landscape 
  • Market Sizing 
  • Five Forces Analysis 
  • Market Segmentation by Expenditure 
  • Customer landscape 
  • Geographic Landscape 
  • Vendor Landscape 
  • Vendor Analysis 
  • Appendix 

About Us 

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

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Email:media@technavio.com 

Website: www.technavio.com/ 

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SOURCE Technavio