Italy registered nearly ** million international business travel arrivals in 2019, according to data published by the World Tourism Organization (UNWTO). In that same year, France reported over ** million inbound business traveler arrivals, while the United States' corporate travel tourism volume amounted to ***** million tourist arrivals.

Various U.S. companies have adopted different sustainability measures to be kept by their employees when traveling for work. According to a 2024 survey, chainwide sustainability standards were mandatory in 26 percent of companies studied in the North American country. Another 39 percent of responding companies had made information about sustainable aviation fuel available in their booking engines.

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Business Travel Market Size 2025-2029

The business travel market size is forecast to increase by USD 4867.6 billion, at a CAGR of 38.3% between 2024 and 2029.

The market is experiencing significant shifts, driven by the increasing adoption of advanced technologies and the evolving preferences of consumers. Technological innovations, such as online travel agencies and digital booking platforms, are revolutionizing the way businesses plan and manage their travel arrangements. This trend is further fueled by the growing popularity of online video conferencing platforms, enabling remote work and virtual meetings, thereby reducing the need for extensive business travel. Meanwhile, challenges persist in the form of data security concerns and complex travel policies. With the rise of digital booking platforms, ensuring secure transactions and protecting sensitive business data becomes paramount.
Additionally, managing complex travel policies across diverse teams and locations can be a daunting task, requiring robust solutions to streamline the process and maintain compliance. Companies seeking to capitalize on the opportunities presented by the evolving business travel landscape must focus on addressing these challenges effectively, while leveraging technology to enhance travel management efficiency and productivity.

What will be the Size of the Business Travel Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market activities shaping the landscape across various sectors. Premium economy travel and loyalty programs are increasingly popular, offering enhanced comfort and rewards for frequent business travelers. Flight booking and travel procurement platforms streamline the process, while travel agent services provide expert assistance. Eco-friendly travel options gain traction, aligning with sustainability initiatives. Travel reporting and analytics enable effective business travel management, ensuring policy compliance and cost control. Business class travel, travel concierge services, and ground transportation options cater to the needs of corporate travelers.

Travel technology advances, integrating travel policy compliance, travel risk management, and expense management systems. Bleisure travel, frequent flyer programs, travel rewards, and travel technology further enrich the business travel experience. The ongoing unfolding of market activities underscores the importance of staying informed and adaptable in this ever-evolving landscape.

How is this Business Travel Industry segmented?

The business travel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Marketing
  Internal meeting
  Trade show
  Product launch


Type

  Travel fare
  Lodging
  Dining
  Others


Service Type

  Transportation (Air, Rail, Car)
  Accommodation
  Meetings and Events


Booking Type

  Online Travel Agencies
  Direct Bookings
  Corporate Travel Management Companies


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The marketing segment is estimated to witness significant growth during the forecast period.

Business travel plays a pivotal role in the international marketing efforts of both small and large enterprises. This involves employees traveling to overseas markets to promote products and services, expand customer bases, and build brand reputation. Travel itinerary management and security are essential considerations to ensure the safety and productivity of business travelers. Duty of care and traveler tracking are crucial components of travel risk management, while travel insurance provides financial protection. Travel consolidators offer cost savings through bundled services, including flights, ground transportation, hotels, and car rentals. Carbon offsetting and eco-friendly travel options are increasingly important for companies committed to sustainability.

Travel data analytics enable businesses to make informed decisions on travel procurement and policy compliance. Premium economy travel and business class offerings cater to the needs of frequent travelers, while loyalty programs and travel rewards provide incentives. Travel technology, including travel booking platforms and expense management systems, streamline the travel process. Airport lounges and travel concierge services enhance the travel experience. First class travel and corporate travel policies cater to executives an

This data set is about the World Tourism Organization's Compendium of Tourism Statistics and the Yearbook of Tourism Statistics. It gives statistics on arrivals of nonresident tourists/visitors, departures, and tourism expenditure in the country and in other countries. It also provides comprehensive information on international tourism worldwide and offers a selection of the latest available statistics on "arrivals of non-resident tourists/visitors" and "tourism expenditure". The best analytical projects include data cleaning and visualization.

The number of business visitor arrivals from overseas to the United States increased in 2023 by around *********** to a total of almost *** million. However, this figure was still around **** percent below the 2019's figure.

The Latin America business travel market size reached USD 50.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 86.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.89% during 2025-2033. The rising investments in transportation and communication infrastructure, the implementation of favorable government policies to attract foreign investments to promote business growth, and the significant expansion in several industries are some of the major factors propelling the market.

IMARC Group provides an analysis of the key trends in each segment of the Latin America business travel market report, along with forecasts at the regional and country levels from 2025-2033. Our report has categorized the market based on type, purpose type, expenditure, age group, service type, travel type and end user.

This dataset offers a comprehensive view of global tourism, focusing on accommodation and transportation metrics, derived from the United Nations World Tourism Organization (UNWTO) data. The UNWTO is a specialized agency of the United Nations that serves as a global forum for tourism policy issues and a practical source of tourism know-how.

Travel habits of business travelers in the Federal Republic. Topics: destinations, travel frequency and length of business trips inthe previous year; travel costs; use of various means of transport;primary means of transport; opportunities of use, selection criteriaand limitation on use in the selection of primary means of transport;reasons for travel; information-provider and decision-maker in travelplanning; travel department in the company; agreements or contractswith hotels, airlines, rental car companies or the Federal Railway;booking; gathering information on cities, regions and countries to bevisited on business; combining business trips and private shortvacations; use of cultural offerings on business trips; agent for thesecultural offerings; traveling in company of spouse; use of spousefares; taking out travel insurance; private and business credit cardpossession; knowledge and possession of a telephone card; usefulness oftelephone cards on business trips; interest in use of telephone cards;use of trains and special offers, services and fares of the railroad;airplane use; frequency of travel and airlines used; use ofcompany-owned airplanes; airplane class and fares used, special offersand services of the airlines; most important selection criteria forairlines; airlines used for domestic and international trips; degree offamiliarity of international and national airlines; degree offamiliarity and use of American and German charter companies; airportsused in the last two years; use of various means of transport on theway to the airport; frequency of use of duty-free shops; productspurchased; car possession; access to company car or staff car; car usefor business trips at home and abroad; number of kilometers drivenannually; use of car for short or long distances; possession of cartelephone; interest in car telephone; possession of drivers license;use of rental car; preferred vehicle class; selection criteria forrental car company; degree of familiarity and frequency of use ofrental car company; preference for rental car company and possession ofcar credit card; selection criteria for choice of hotel at home andabroad; preferred hotel category; way of paying hotel bill; possessionof a VIP-card or hotel club card; degree of familiarity and use ofhotel chains; preferred hotel chains; trade fairs visited at home andabroad; length of employment; professional position; knowledge offoreign languages; company size and area of business; size ofmunicipality class; media usage of domestic and foreign newspapers.

Dataset

This dataset was created by Koki Ando

Released under Data files © Original Authors

Contents

Corporate Travel Security Market size was valued at USD 10.86 Billion in 2023 and is projected to reach USD 14.06 Billion by 2030, growing at a CAGR of 4.4% during the forecast period 2024-2030.

Global Corporate Travel Security Market Drivers

The market drivers for the Corporate Travel Security Market can be influenced by various factors. These may include:

Globalization of Business: A rise in corporate travel has resulted from enterprises expanding internationally. Businesses with a global presence must deal with the security issues raised by dispatching staff to a variety of occasionally dangerous locations.

Growing Apprehensions over Worker Safety: Organizations place a high premium on protecting the security and safety of their workers. The need for corporate travel security solutions is driven by growing knowledge of potential hazards, such as terrorism, political unrest, and natural disasters.

Geopolitical Uncertainties: The safety of business travelers may be impacted by geopolitical tensions, civil upheaval, and political instability. Companies use travel security services to keep aware of possible threats and to quickly support and help staff members who are working in uncharted territory or unstable areas.

Terrorism and Threats: Proactive steps must be taken to reduce hazards for business travelers due to the ongoing threat of terrorism on a worldwide scale. In these kinds of scenarios, security solutions with real-time threat information and emergency response capabilities become essential.

Technological Advancements: Corporate travel security solutions are made more capable by integrating cutting-edge technology like data analytics, artificial intelligence, and real-time communication tools. This makes it possible for companies to keep an eye on possible risks and react to them more skillfully.

Responsibility of Care Compliance: Businesses are realizing more and more that they have a responsibility of care to their workers. Corporate travel security services are adopted to reduce legal and reputational risks in accordance with duty of care requirements and legislation.

Increased Business Travel Frequency: As companies grow and become more international, business travel becomes more common.

The heightened level of travel activity highlights the necessity for all-encompassing travel security measures to safeguard personnel, property, and confidential data.

Health and Pandemic Concerns: The COVID-19 pandemic has brought attention to how crucial it is to be safe and healthy when traveling. The need for business travel security services that handle health-related hazards is influenced by factors other than pandemics, such as general health concerns and medical emergencies.

Data security and cyber risks: As more people rely on technology for communication and travel planning, there is a greater chance that cyber threats will materialize. Organizations need corporate travel security services that address cybersecurity threats, such as secure communication and data protection.

Customization and Scalability: The market is growing because of the capacity to scale services according to the volume and type of corporate travel as well as customize security solutions to the unique requirements of various businesses. One important factor is adaptability to various security standards.

Insurance and Liability Considerations: As part of their risk management plan, businesses frequently use travel security services. This involves taking insurance into account. Strong security protocols can reduce the risks connected to insurance and liabilities that come with business travel.

Throughout most of the past decade, the number of international tourist arrivals in France which were motivated by business purposes surpassed eleven million each year. The lowest figure recorded in that period was in 2010, with approximately 9.7 inbound business visitor arrivals. By contrast, more than 11.8 million tourist arrivals of this kind were recorded in that European country in 2015 and 2017.

Annual data on Canada's international travel services are available for business travel and personal travel Geographical details cover United States, and all other countries.

This data was gathered from the Brazilian government's open data portal. It gathers data on estimates of the flow of international tourist arrivals (including foreign tourists and Brazilians residing abroad) to Brazil, broken down by country of permanent residence, month, and mode of entry (air, land, sea, or river). The databases are composed of administrative migration records collected at border control posts and provided to the Ministry of Tourism by the Federal Police.

The Enterprise Travel Management (ETM) services market is experiencing robust growth, driven by the increasing need for efficient and cost-effective travel solutions within organizations. The market, estimated at $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, reaching approximately $85 billion by 2033. This expansion is fueled by several key factors. Firstly, the globalization of businesses necessitates frequent international travel for employees, leading to a higher demand for comprehensive travel management solutions. Secondly, the rise of technology, particularly sophisticated booking platforms and travel data analytics tools, is improving efficiency and transparency in travel expenditure. Furthermore, the growing focus on corporate sustainability is encouraging businesses to adopt ETM solutions that optimize carbon footprints and promote responsible travel practices. The increasing adoption of cloud-based solutions and mobile applications within ETM further enhances convenience and accessibility. The market is segmented by application (personal and group travel) and type (domestic and outbound tourism). Outbound tourism currently holds a larger market share due to globalization and expansion into new markets. However, domestic tourism is also witnessing steady growth, driven by factors such as increased domestic travel budgets and government initiatives to promote domestic tourism. Competition within the ETM sector is intense, with a large number of established players vying for market share. These companies are constantly innovating to provide improved services, enhance their technological offerings, and expand their global footprint to maintain a competitive edge. While the market demonstrates impressive growth potential, challenges remain, including economic fluctuations that impact business travel budgets, security concerns impacting travel patterns, and the ongoing need to adapt to evolving traveler preferences and technological advancements.

Global Tourism Market size was worth around $11.39 trillion in 2023 and is predicted to grow to around $18.44 trillion by 2032 with a CAGR of 5.5%.

The number of international business travelers in Italy climbed up to ** million in 2023, recovering strongly from the COVID-19 pandemic. Despite the significant recovery, this figure was still below the last years of the 2010s.

Total tourism expenditure in Canada represents the aggregate real spending by Canadian residents on domestic travel and by international visitors on Canadian travel experiences, measured in billions of constant 2017 chained Canadian dollars. This metric captures all tourism-related outlays including accommodations, transportation, food and beverage, recreation and entertainment, and shopping across both leisure and business travel. Data is sourced from Statistics Canada's National Travel Survey and International Travel Survey programs, adjusted for inflation to reflect actual volume changes in tourism activity.

The Latin America Travel and Tourism Market Report is Segmented by Type (International Tourism and Domestic/Local Tourism), Purpose (Adventure Tourism, Business Travel, Conference or Seminar Travel, and Family and Friends Visit), and Country (Brazil, Mexico, Colombia, Chile, Argentina, and Rest of Latin America). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The dataset is part of the World Bank's extensive data on international tourism, specifically focused on capturing annual tourist arrivals across global destinations. This data helps in identifying tourism trends, economic impacts, and patterns in visitor growth by region and income level. By analyzing these trends, countries can gain insights into tourism’s role in their economy, the appeal of their destination on a global scale, and potential growth opportunities within the sector.

Sources The data is sourced from the World Bank's International Tourism dataset, which collects information from national tourism boards and government agencies worldwide. The World Bank collaborates with these sources to maintain consistent, reliable metrics on international tourism trends, which is essential for policy development and economic planning. The dataset is updated periodically to reflect new figures and adjusted estimates.

Inspiration This dataset serves as a foundation for understanding how tourism trends evolve over time and how global events can influence travel patterns. The inspiration for this analysis stems from the growing importance of tourism in the global economy and the need for destination countries to understand their positioning in the tourism market. Analyzing these data points offers a path to explore strategic initiatives, compare regional visitor trends, and identify emerging tourist hotspots.

coastal tourism is not identified as a specific sector in the the french classification of economic activities (naf). it includes a number of tourism related services e.g. hotels and restaurants, transport, renting, travel agencies, sporting activities, or other local services, most of which being geographically limited to coastal or shoreline areas. annual tourism accounts break down tourism consumption into main services as identified in the insee business database. using the latter, value added and employment are estimated. the share of coastal tourism consumption as part of the overall tourism consumption is roughly estimated using both the breakdown of hotel nights by tourism areas and statistical estimates of local consumption. hotel nights and visitor arrivals are usually published in tourism accounts; international data on visitor stays are usually published by eurostat and the unwto; and the number of cruise passengers is sourced from cruise industry associations.