Global business travel market is expected to grow with a CAGR of 4.2% over the forecast period from 2019-2025

New York, Oct. 09, 2019 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Business Travel Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025" - https://www.reportlinker.com/p05806534/?utm_source=GNW

The report predicts the global business travel market to grow with a CAGR of 4.2% over the forecast period from 2019-2025. The study on business travel market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.

The report on business travel market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global business travel market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global business travel market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings
1) Drivers
• The growing travel and tourism industry
• Globalization of businesses
• The rising penetration of IoT helps the traveler in managing different operations related to business travel
2) Restraints
• The rising adoption of technology
3) Opportunities
• The rising infrastructural investments by regional governments

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global business travel market is segmented on the basis of service, industry, and traveler.

The Global Business Travel Market by Service
• Transportation
• Food & Lodging
• Recreation Activities

The Global Business Travel Market by Industry
• Government
• Corporate

The Global Business Travel Market by Traveler
• Group
• Solo

Company Profiles
• Airbnb Inc.
• Expedia Inc.
• American Express Travel
• Carlson Wagonlit Travel
• Fareportal, Inc.
• BCD Travel
• Flight Centre Travel Group
• Booking Holdings Inc.
• Wexas Travel
• American Express Global Business Travel
• Other companies

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the business travel market.
2. Complete coverage of all the segments in the business travel market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global business travel market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Read the full report: https://www.reportlinker.com/p05806534/?utm_source=GNW

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