Home >> Service Industries >> Business Services & Administration >> General Business Services & Administration

World Business Travel Market - Opportunities and Forecasts, 2014 - 2022

Published: Sep-2016 | Format: PDF | Allied Market Research | Code: MRS - 71659

Business travel is a division of regular tourism in which people travel for a business oriented purpose. Business travel includes transportation, accommodation, business work, entertainment, and some other activities. World travel & tourism industry is one of the biggest industries with global economic contribution of more than $7000 billion. Business travel is one of the fastest growing segment of travel industry. In business tourism, destinations are generally commercial places, welldeveloped, and suited for trade work. It is generally performed for a short period of time. Employees working in multinational organizations are often required to travel across various countries, for various business purposes.

With the rise in demand for business travel management, numerous companies in this field are trying to provide well-managed and cost-effective programs to the customers. Time-management and comfort level of the traveler is very crucial for business travel. Presently the world business travel market growth is mainly driven by increase in investment in business travel, emergence of industrial revolution and increase in globalization. However, higher adoption of technology such as video conferencing hampers the market growth as this is cost-effective and less time consuming as compared to travelling. On the other hand, rapidly changing business trends is expected to create attractive opportunities for world business travel market.

The market is segmented on the basis of service type, industry, traveler, budget, and geography. The service segment is classified into transportation, food & lodging, and business activity. The industry segment includes government and corporate. On the basis of traveler, the market is classified as solo traveler and group traveler. The report also analyses market by travel budget that include high budget, medium budget, and low budget. Based on geography, the world business travel market is divided into North America, Europe, Asia-Pacific, and LAMEA. North America is classified into the U.S., Mexico, and Canada. Europe has been further segmented into UK, Russia, Germany, and rest of the Europe. The countries covered under Asia-Pacific are China, India, Japan, and rest of Asia-Pacific. LAMEA includes Latin America, Middle East, and Africa.

Major companies profiled in the report include Expedia Inc., The Priceline Group, American Express Travel, Carlson Wagonlit Travel, BCD Travel, HRG North America, Orbitz Worldwide, FC USA, Travelong, and AAA Travel.

POTENTIAL BENEFITS FOR STAKEHOLDERS

Comprehensive analysis of the current and future trends in the world business travel market are provided in this report
The report offers a competitive scenario of the world business travel market with current and future growth trends, structure, driving factors, scope, opportunities, and challenges
The report includes a comprehensive analysis of market segments to provide insights on the market dynamics
Porters Five Forces analysis highlights the potential of buyers and suppliers as well as provides insights on the competitive structure of the market to devise effective growth strategies and facilitate better decision-making
Value chain analysis provides key inputs on the role of stakeholders involved at various stages of the value chain
SWOT analysis of the key market players highlights their strengths and weaknesses along with potential opportunities present in the market

BUSINESS TRAVEL MARKET SEGMENTATION

The world business travel market is segmented on the basis of service, industry, traveler, budget, and geography.

By Service

Transportation
Food & Lodging
Business Activity

By Industry

Government
Corporate

By Traveller

Group
Solo

By Budget

High budget
Medium budget
Low budget

By Geography

North America
	U.S.
	Mexico
	Canada
Europe
	UK
	Germany
	Russia
	Rest of the Europe
Asia-Pacific
	China
	India
	Japan
	Rest of Asia Pacific
LAMEA
	Latin America
	Middle East
	Africa

Key Players

Expedia Inc.
The Priceline Group
American Express Travel
Carlson Wagonlit Travel
BCD Travel
HRG North America
Orbitz Worldwide
FC USA
Travelong
AAA Travel

Request Table of Contents

Please fill your details below, to request TOC of this report:
Indicates required fields

Inquiry For Buying

Please fill your details below, to inquire about this report:
Indicates required fields

Request Sample

Please fill your details below, to receive sample report:
Indicates required fields


Related Reports

Global Air Ambulance Industry Market Research 2017

Jun-2017 | HJResearch | Pages : 162 | Code : MRS-138915 | 2600

In this report, we analyze the Air Ambulance industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and the unit price that they offer in different regions from 2012 to 2017. In terms of its consumption, we analyze the consumption volume, consumption value, sale price, import and export in different regions from 2012 to 2017. We also make a Read more

Asia-Pacific Naval Vessel MRO Market by Manufacturers, Regions, Type and Application, Forecast to 2022

Jun-2017 | Global Info Research | Pages : 123 | Code : MRS-136529 | 4480

Naval vessels are differentiated from civilian ships by their design and purpose. Such ships are damage resilient and armed. Naval vessels MRO is crucial for sustaining and extending the life of a vessel. It comprises maintenance, overhauls, routine checks, inspections, repairs, and modifications carried out on a vessel and their components. MRO services assure the safety and airworthiness of naval vessels. Scope of the Report: This report focuses on the Naval Vessel MRO in Asia-Pacifi Read more

North America Vessel Traffic Services (VTS) Market by Manufacturers, Countries, Type and Application, Forecast to 2022

May-2017 | Global Info Research | Pages : 117 | Code : MRS-132791 | 4480

A vessel traffic service (VTS) is a marine traffic monitoring system established by harbour or port authorities, similar to air traffic control for aircraft. Typical VTS systems use radar, closed-circuit television (CCTV), VHF radiotelephony and automatic identification system to keep track of vessel movements and provide navigational safety in a limited geographical area. Scope of the Report: This report focuses on the Vessel Traffic Services (VTS) in North America market, especially Read more

Global Vessel Traffic Services (VTS) Market by Manufacturers, Countries, Type and Application, Forecast to 2022

May-2017 | Global Info Research | Pages : 117 | Code : MRS-132790 | 3480

A vessel traffic service (VTS) is a marine traffic monitoring system established by harbour or port authorities, similar to air traffic control for aircraft. Typical VTS systems use radar, closed-circuit television (CCTV), VHF radiotelephony and automatic identification system to keep track of vessel movements and provide navigational safety in a limited geographical area. Scope of the Report: This report focuses on the Vessel Traffic Services (VTS) in Global market, especially in North Read more

Social Services Market Global Briefing 2017 Including: Secondary Schools, Colleges, Universities, Individual and Family Services, Community Food, Housing, and Relief Services, Child Day Care Services Covering: United Nations Children's Fund (UNICEF), Harvard University, Gates Foundation, MIT, American National Red Cross, Apollo Education Group, Cambridge University and Save the Child

May-2017 | The Business Research Company | Pages : 29 | Code : MRS-130929 | 1000

Services to the elderly and to people with permanent disabilities have undergone significant transformation during the last five years. Social organizations started to provide more at home services. This helped the elderly to stay at home rather than moving to residential care homes or old age centers. Social services global market briefing provides strategists, marketers and senior management with the critical information they need to assess the global social services sector. Reasons to Read more

Services Market Global Briefing 2017 Including: Housing, Other Real Estate, Business Support Services, Employment Services, Automotive Repair And Maintenance, Personal Care Services, And Civic, Social, Professional Organizations Covering: Adecco, Randstad, China Vanke, Manpower, Hertz Global Holdings, The Priceline Group, Sun Hung Kai Properties, Avis Budget Group, Expedia

May-2017 | The Business Research Company | Pages : 38 | Code : MRS-130928 | 1000

The Americas was the largest region in the services market in 2016, accounting for 36% market share. It is followed by Asia and Europe. Services global market briefing provides strategists, marketers and senior management with the critical information they need to assess the global services sector. Reasons to Purchase • Get up to date information available on the services market globally. • Identify growth segments and opportunities. • Facilitate decision making on the basis of historic a Read more

Professional Services Market Global Briefing 2017 Including: Accounting Services, Legal Services and General Professional Services, Design, Research, Promotional And Consulting Services Covering: PwC, Deloitte, Bechtel, EY, KPMG, WPP, Publicis Groupe, Omnicom Group, McKinsey and AECOM

May-2017 | The Business Research Company | Pages : 49 | Code : MRS-130925 | 1000

Professional service is a broad sector which comprises varied occupations which provide support to businesses of all sizes and in all sectors. The business entities which are engaged in providing professional services are generally referred to as professional service organizations (PSOs) or professional service firms (PSFs). Professional Services Global Market Briefing provides strategists, marketers and senior management with the critical information they need to assess the global profess Read more

Photographic Services Market Global Briefing 2017 Including: Photography Studios and Commercial Photography Covering: Lifetouch, Getty Images, Studio Alice, Picture People and Dimension Studios

May-2017 | The Business Research Company | Pages : 34 | Code : MRS-130924 | 1000

Photographic services include processes for creating durable images by recording light or through an electromagnetic radiation by means of an image sensor or chemically by means of a light sensitive photographic film. It includes editing, processing, and presentation pictures as desired by customers. The various photographic services include school portraits, wedding photography, special occasions and event photography. Photographic Services Global Market Briefing provides strategists, mar Read more

Global Online Recruitment Market Research 2011- 2022

Apr-2017 | HeyReport | Pages : 107 | Code : MRS-129388 | 2560

Summary The Global Online Recruitment market is estimated to reach 32.2 Billion USD in 2017. The objective of report is to define, segment, and project the market on the basis of type, application, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc. Based on products type, the report describes major products type share of regional market. Products mentioned as follows: By Type Permanent Part Time Read more

World Patient Temperature Management Device Market by Product Type, Market, Players and Regions-Forecast to 2021

Apr-2017 | ICRWorld Research | Pages : 112 | Code : MRS-125235 | 2960

Summary ICRWorld’s Patient Temperature Management Device market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market sh Read more

Single User | $(USD)4740 View Pricing