Cool Corporate Travel Market Size Ideas

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Corporate Travel Market Size. Sweden and norway, with respective market growth rates of 6.8% and 6.6 %, are quickly becoming popular business travel destinations as well (gbta, 2018). Global business travel decreased by more than half in 2020 to $694 billion.

Five Charts That Explain the Size of the Global Travel
Five Charts That Explain the Size of the Global Travel from skift.com

The market is anticipated to flourish at a cagr of 8.6% over the forecast period. 1 and in the next few years, its importance will only grow, as the market is expected to expand four times as quickly as the north american market and more than twice as fast as the european market. Sweden and norway, with respective market growth rates of 6.8% and 6.6 %, are quickly becoming popular business travel destinations as well (gbta, 2018).

Five Charts That Explain the Size of the Global Travel

China, however, will continue to dominate the business travel market, with a projected annual business travel spend of $129 billion by 2022. Corporate travel management software market aimed to provides comprehensive and insightful analysis of new project investments, industry size and share analysis,cagr status, swot analysis and. The corporate travel services market has witnessed growth from usd million to usd million from 2017 to 2022. Business travel (solo travel) market: