Business Travel Market Sees Huge Growth for New Normal | Hogg Robinson Group, BCD Travel, Carlson Wagonlit Travel

New Jerseya, July 17, 2022 The Business Travel Market research report provides all the information about the industry. It provides market perspective by providing its client with authentic data which helps in making crucial decisions. It provides an overview of the market including its definition, applications and developments, and manufacturing technology. This Business Travel market research report tracks all the latest developments and innovations in the market. It provides insight into obstacles during business establishment and guides to overcome future challenges and obstacles.

Business travel is travel specifically for business purposes and does not include travel, leisure travel or vacations. According to the WTO, about 30% of international travel today is for business, and business travel shows no signs of slowing down. Trend factors driving the business travel market include leisure travel (business + leisure), IoT (internet of things), development of smart hotels, virtual reality for hotel reservations, and personalization. All these developments in hotels will drive the growth of the hospitality and accommodation segment as well as the overall business travel market in the near future.

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Competitive landscape:

This Business Travel research report sheds light on the key market players thriving in the market; it tracks their business strategies, financial status and future products.

Some of the key companies influencing this market include:Hogg Robinson Group, BCD Travel, Carlson Wagonlit Travel, Flight Center Travel Group, Expedia Inc., Fareportal, Inc. (travel included), Travel Leaders Group, The Priceline Group, Airbnb Inc., American Express Travel, Wexas Travel,

Market scenario:

First, this Business Travel research report introduces the market by providing an overview which includes definition, applications, product introduction, developments, challenges, and regions. The market is anticipated to exhibit strong growth driven by consumption in various markets. An analysis of current market patterns and other basic characteristics is provided in the Business Travel report.

Regional coverage:

Regional coverage of the market is mentioned in the report, mainly focusing on the regions:

  • North America
  • South America
  • Asia and the Pacific region
  • Middle East and Africa
  • Europe

Market segmentation analysis

The market is segmented on the basis of type, product, end users, raw materials, etc. segmentation helps to give an accurate explanation of the market

Market Segmentation: By Type

Transportation
Food & Accommodation
Recreational activity

Market segmentation: By application

government
cORPORATE

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An assessment of the attractiveness of the market in relation to the competition that new players and products are likely to present to older ones is given in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques and products of the key participants present in the global Business Travel market. To present a clear vision of the market, the competitive landscape has been thoroughly analyzed using value chain analysis. The publication also highlights the opportunities and threats present in the future for the main market players.

This report aims to provide:

  • A qualitative and quantitative analysis of current trends, dynamics and estimates from 2022 to 2029.
  • Analysis tools such as SWOT analysis and Porter’s five forces analysis are used which explain the power of buyers and suppliers to make profit-oriented decisions and strengthen their business.
  • In-depth market segmentation analysis helps identify dominant market opportunities.
  • Ultimately, this Business Travel report helps you save time and money by providing unbiased information under one roof.

Table of Contents

Global Business Travel Market Research Report 2022 – 2029

Chapter 1 Business Travel Market Overview

Chapter 2 Global economic impact on industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global production, revenue (value) by region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Production cost analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Business Travel Market Forecast

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