IT Intelligence Markets

Business Travel Market by Service (Transportation, Food & Lodging, Business Activity) Technology Progress, Development Process and Forecast from 2018 to 2023

IT Intelligence Markets added Most up-to-date research on “Global Business Travel Market – Detailed Analysis Of The Present Market Along With Future Outlook, 2023” to its huge collection of research reports

 

Pune, India -- (SBWIRE) -- 08/13/2018 -- Global Business Travel Market report provides a comprehensive scenario of the present and future market processes, development methodologies and growth opportunities. Starting a discussion on the present-day state of the market, the report additionally dismembers the market territory started in it.

business travel market is segmented on the basis of service, industry, traveler, and geography. Based on service, the global market is categorized into food & lodging, transportation, and recreation activities. Food & lodging registers the highest growth rate, owing to the presence of affordable hotels and increase in online booking trend that have lowered the cost of stay. Based on industry, the market is classified into government and corporate. By traveler, it is divided into group and solo.

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Business Travel Market size is expected to reach $+1,655 billion by 2023, registering a CAGR of +3% during the forecast period

Some of the leading vendors: American Express Travel, Expedia Inc., BCD Travel, Carlson Wagonlit Travel, Flight Centre Travel Group, Hogg Robinson Group, The Priceline Group, Fareportal, Inc. (travelong inc.), and Wexas Travel.

High penetration of internet & technology in densely populated countries boost the growth of the market. Moreover, increase in penetration of IoT is supporting both travelers and travel operators in managing different operations related to business travel such as planning, booking, and being updated with the current status of their travel program. Business travel is an integral part of the corporate sector. The activities in the corporate sector are driven by profit maximization motives. Client meetings, brand & product promotions, business expansion, employee training, and incentives are some of activities involved in business travel

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Table of Content

Chapter 1 Industry Overview of Business Travel

Chapter 2 Manufacturing Cost Structure Analysis of Business Travel

Chapter 3 Technical Data and Manufacturing Plants Analysis of Business Travel

Chapter 4 Global Business Travel Overall Market Overview

Chapter 5 Business Travel Regional Market Analysis

Chapter 6 Major Manufacturers Analysis of Business Travel

Chapter 7 Development Trend of Analysis of Business Travel Market

Chapter 8 Business Travel Marketing Type Analysis

Chapter 9 Conclusion of the Global Business Travel Market Professional Survey Report 2018

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