What is the current valuation of the US business travel market?

The market valuation was $583.55 Million in 2024. Read More

What is the projected market size for the US business travel market by 2035?

The market is expected to reach $1560.31 Million by 2035. Read More

What is the expected CAGR for the US business travel market during 2025 - 2035?

The expected CAGR is 9.35% during the forecast period. Read More

Which companies are considered key players in the US business travel market?

Key players include American Express Global Business Travel, BCD Travel, and Carlson Wagonlit Travel. Read More

What are the main segments of the US business travel market?

The main segments include Managed Business Travel and Unmanaged Business Travel. Read More

What was the expenditure on lodging in the US business travel market in 2024?

Expenditure on lodging was between $250.0 Million and $650.0 Million in 2024. Read More

How much was spent on marketing travel fare in the US business travel market in 2024?

Spending on marketing travel fare ranged from $200.0 Million to $500.0 Million in 2024. Read More

What is the age distribution of travelers in the US business travel market?

Travelers below 40 years accounted for $174.83 Million to $466.09 Million, while those above 40 years accounted for $408.72 Million to $1094.22 Million. Read More

What types of travel are most common in the US business travel market?

Common types include Group Travel and Solo Travel, with expenditures ranging from $150.0 Million to $700.0 Million. Read More

What was the expenditure on internal meetings in the US business travel market in 2024?

Expenditure on internal meetings was between $150.0 Million and $400.0 Million in 2024. Read More

US Business Travel Market

ID: MRFR/AD/15689-HCR

100 Pages

Triveni Bhoyar

Last Updated: April 06, 2026

US Business Travel Market Size, Share, Industry Trend & Analysis Research Report By Type (Managed Business Travel, Unmanaged Business Travel), By Purpose (Marketing, Internal Meetings, Trade Shows, Product Launch, Others), By Service (Food and Lodging, Recreation Activities), By Industry (Government, Corporate), By Traveler (Group Travel, Solo Travel, Service), By Age Group (Travelers Below 40 Years, Travelers Above 40 Years), By Expenditure (Marketing Travel Fare, Lodging, Dining, Others) - Forecast to 2035

US Business Travel Market

Market Size

Forecast Period2025 - 2035

CAGR (2025 - 2035)9.35%

2024 Market Size$ 583.55 Million

2025 Market Size$ 638.11 Million

2035 Market Size$ 1,560.31 Million

Key Players

American Express Global Business Travel

BCD Travel

Carlson Wagonlit Travel

Expedia Group

Travel Leaders Group

SAP Concur

Trends

Sustainability Initiatives
Technological Integration
Focus on Employee Well-being

Opportunities

Corporate Expansion Strategies
Rise of Remote Work and Hybrid Models
Evolving Travel Policies and Compliance

Summary Table of Contents Segmentation Download PDF

1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
1. 1.1 EXECUTIVE SUMMARY
  1. 1.1.1 Market Overview
  2. 1.1.2 Key Findings
  3. 1.1.3 Market Segmentation
  4. 1.1.4 Competitive Landscape
  5. 1.1.5 Challenges and Opportunities
  6. 1.1.6 Future Outlook
2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
1. 2.1 MARKET INTRODUCTION
  1. 2.1.1 Definition
  2. 2.1.2 Scope of the study
    1. 2.1.2.1 Research Objective
    2. 2.1.2.2 Assumption
    3. 2.1.2.3 Limitations
2. 2.2 RESEARCH METHODOLOGY
  1. 2.2.1 Overview
  2. 2.2.2 Data Mining
  3. 2.2.3 Secondary Research
  4. 2.2.4 Primary Research
    1. 2.2.4.1 Primary Interviews and Information Gathering Process
    2. 2.2.4.2 Breakdown of Primary Respondents
  5. 2.2.5 Forecasting Model
  6. 2.2.6 Market Size Estimation
    1. 2.2.6.1 Bottom-Up Approach
    2. 2.2.6.2 Top-Down Approach
  7. 2.2.7 Data Triangulation
  8. 2.2.8 Validation
3 SECTION III: QUALITATIVE ANALYSIS
1. 3.1 MARKET DYNAMICS
  1. 3.1.1 Overview
  2. 3.1.2 Drivers
  3. 3.1.3 Restraints
  4. 3.1.4 Opportunities
2. 3.2 MARKET FACTOR ANALYSIS
  1. 3.2.1 Value chain Analysis
  2. 3.2.2 Porter's Five Forces Analysis
    1. 3.2.2.1 Bargaining Power of Suppliers
    2. 3.2.2.2 Bargaining Power of Buyers
    3. 3.2.2.3 Threat of New Entrants
    4. 3.2.2.4 Threat of Substitutes
    5. 3.2.2.5 Intensity of Rivalry
  3. 3.2.3 COVID-19 Impact Analysis
    1. 3.2.3.1 Market Impact Analysis
    2. 3.2.3.2 Regional Impact
    3. 3.2.3.3 Opportunity and Threat Analysis
4 SECTION IV: QUANTITATIVE ANALYSIS
1. 4.1 Automobile, BY Type (USD Million)
  1. 4.1.1 Managed Business Travel
  2. 4.1.2 Unmanaged Business Travel
2. 4.2 Automobile, BY Purpose (USD Million)
  1. 4.2.1 Marketing
  2. 4.2.2 Internal Meetings
  3. 4.2.3 Trade Shows
  4. 4.2.4 Product Launch
  5. 4.2.5 Others
3. 4.3 Automobile, BY Expenditure (USD Million)
  1. 4.3.1 Marketing Travel Fare
  2. 4.3.2 Lodging
  3. 4.3.3 Dining
  4. 4.3.4 Others
4. 4.4 Automobile, BY Age Group (USD Million)
  1. 4.4.1 Travelers Below 40 Years
  2. 4.4.2 Travelers Above 40 Years
5. 4.5 Automobile, BY Traveler (USD Million)
  1. 4.5.1 Group Travel
  2. 4.5.2 Solo Travel
  3. 4.5.3 Service
6. 4.6 Automobile, BY Service (USD Million)
  1. 4.6.1 Food and Lodging
  2. 4.6.2 Recreation Activities
7. 4.7 Automobile, BY Industry (USD Million)
  1. 4.7.1 Government
  2. 4.7.2 Corporate
5 SECTION V: COMPETITIVE ANALYSIS
1. 5.1 Competitive Landscape
  1. 5.1.1 Overview
  2. 5.1.2 Competitive Analysis
  3. 5.1.3 Market share Analysis
  4. 5.1.4 Major Growth Strategy in the Automobile
  5. 5.1.5 Competitive Benchmarking
  6. 5.1.6 Leading Players in Terms of Number of Developments in the Automobile
  7. 5.1.7 Key developments and growth strategies
    1. 5.1.7.1 New Product Launch/Service Deployment
    2. 5.1.7.2 Merger & Acquisitions
    3. 5.1.7.3 Joint Ventures
  8. 5.1.8 Major Players Financial Matrix
    1. 5.1.8.1 Sales and Operating Income
    2. 5.1.8.2 Major Players R&D Expenditure. 2023
2. 5.2 Company Profiles
  1. 5.2.1 American Express Global Business Travel (US)
    1. 5.2.1.1 Financial Overview
    2. 5.2.1.2 Products Offered
    3. 5.2.1.3 Key Developments
    4. 5.2.1.4 SWOT Analysis
    5. 5.2.1.5 Key Strategies
  2. 5.2.2 BCD Travel (NL)
    1. 5.2.2.1 Financial Overview
    2. 5.2.2.2 Products Offered
    3. 5.2.2.3 Key Developments
    4. 5.2.2.4 SWOT Analysis
    5. 5.2.2.5 Key Strategies
  3. 5.2.3 Carlson Wagonlit Travel (US)
    1. 5.2.3.1 Financial Overview
    2. 5.2.3.2 Products Offered
    3. 5.2.3.3 Key Developments
    4. 5.2.3.4 SWOT Analysis
    5. 5.2.3.5 Key Strategies
  4. 5.2.4 Expedia Group (US)
    1. 5.2.4.1 Financial Overview
    2. 5.2.4.2 Products Offered
    3. 5.2.4.3 Key Developments
    4. 5.2.4.4 SWOT Analysis
    5. 5.2.4.5 Key Strategies
  5. 5.2.5 Travel Leaders Group (US)
    1. 5.2.5.1 Financial Overview
    2. 5.2.5.2 Products Offered
    3. 5.2.5.3 Key Developments
    4. 5.2.5.4 SWOT Analysis
    5. 5.2.5.5 Key Strategies
  6. 5.2.6 SAP Concur (US)
    1. 5.2.6.1 Financial Overview
    2. 5.2.6.2 Products Offered
    3. 5.2.6.3 Key Developments
    4. 5.2.6.4 SWOT Analysis
    5. 5.2.6.5 Key Strategies
  7. 5.2.7 Egencia (US)
    1. 5.2.7.1 Financial Overview
    2. 5.2.7.2 Products Offered
    3. 5.2.7.3 Key Developments
    4. 5.2.7.4 SWOT Analysis
    5. 5.2.7.5 Key Strategies
  8. 5.2.8 ATPI (GB)
    1. 5.2.8.1 Financial Overview
    2. 5.2.8.2 Products Offered
    3. 5.2.8.3 Key Developments
    4. 5.2.8.4 SWOT Analysis
    5. 5.2.8.5 Key Strategies
  9. 5.2.9 Frosch (US)
    1. 5.2.9.1 Financial Overview
    2. 5.2.9.2 Products Offered
    3. 5.2.9.3 Key Developments
    4. 5.2.9.4 SWOT Analysis
    5. 5.2.9.5 Key Strategies
3. 5.3 Appendix
  1. 5.3.1 References
  2. 5.3.2 Related Reports
6 LIST OF FIGURES
1. 6.1 MARKET SYNOPSIS
2. 6.2 US MARKET ANALYSIS BY TYPE
3. 6.3 US MARKET ANALYSIS BY PURPOSE
4. 6.4 US MARKET ANALYSIS BY EXPENDITURE
5. 6.5 US MARKET ANALYSIS BY AGE GROUP
6. 6.6 US MARKET ANALYSIS BY TRAVELER
7. 6.7 US MARKET ANALYSIS BY SERVICE
8. 6.8 US MARKET ANALYSIS BY INDUSTRY
9. 6.9 KEY BUYING CRITERIA OF AUTOMOBILE
10. 6.10 RESEARCH PROCESS OF MRFR
11. 6.11 DRO ANALYSIS OF AUTOMOBILE
12. 6.12 DRIVERS IMPACT ANALYSIS: AUTOMOBILE
13. 6.13 RESTRAINTS IMPACT ANALYSIS: AUTOMOBILE
14. 6.14 SUPPLY / VALUE CHAIN: AUTOMOBILE
15. 6.15 AUTOMOBILE, BY TYPE, 2024 (% SHARE)
16. 6.16 AUTOMOBILE, BY TYPE, 2024 TO 2035 (USD Million)
17. 6.17 AUTOMOBILE, BY PURPOSE, 2024 (% SHARE)
18. 6.18 AUTOMOBILE, BY PURPOSE, 2024 TO 2035 (USD Million)
19. 6.19 AUTOMOBILE, BY EXPENDITURE, 2024 (% SHARE)
20. 6.20 AUTOMOBILE, BY EXPENDITURE, 2024 TO 2035 (USD Million)
21. 6.21 AUTOMOBILE, BY AGE GROUP, 2024 (% SHARE)
22. 6.22 AUTOMOBILE, BY AGE GROUP, 2024 TO 2035 (USD Million)
23. 6.23 AUTOMOBILE, BY TRAVELER, 2024 (% SHARE)
24. 6.24 AUTOMOBILE, BY TRAVELER, 2024 TO 2035 (USD Million)
25. 6.25 AUTOMOBILE, BY SERVICE, 2024 (% SHARE)
26. 6.26 AUTOMOBILE, BY SERVICE, 2024 TO 2035 (USD Million)
27. 6.27 AUTOMOBILE, BY INDUSTRY, 2024 (% SHARE)
28. 6.28 AUTOMOBILE, BY INDUSTRY, 2024 TO 2035 (USD Million)
29. 6.29 BENCHMARKING OF MAJOR COMPETITORS
7 LIST OF TABLES
1. 7.1 LIST OF ASSUMPTIONS
7.1.1
1. 7.2 US MARKET SIZE ESTIMATES; FORECAST
  1. 7.2.1 BY TYPE, 2025-2035 (USD Million)
  2. 7.2.2 BY PURPOSE, 2025-2035 (USD Million)
  3. 7.2.3 BY EXPENDITURE, 2025-2035 (USD Million)
  4. 7.2.4 BY AGE GROUP, 2025-2035 (USD Million)
  5. 7.2.5 BY TRAVELER, 2025-2035 (USD Million)
  6. 7.2.6 BY SERVICE, 2025-2035 (USD Million)
  7. 7.2.7 BY INDUSTRY, 2025-2035 (USD Million)
2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
7.3.1
1. 7.4 ACQUISITION/PARTNERSHIP
7.4.1

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US Business Travel Market Segmentation

US Business Travel Market By Type (USD Million, 2025-2035)

Managed Business Travel
Unmanaged Business Travel

US Business Travel Market By Purpose (USD Million, 2025-2035)

Marketing
Internal Meetings
Trade Shows
Product Launch
Others

US Business Travel Market By Expenditure (USD Million, 2025-2035)

Marketing Travel Fare
Lodging
Dining
Others

US Business Travel Market By Age Group (USD Million, 2025-2035)

Travelers Below 40 Years
Travelers Above 40 Years

US Business Travel Market By Traveler (USD Million, 2025-2035)

Group Travel
Solo Travel
Service

US Business Travel Market By Service (USD Million, 2025-2035)

Food and Lodging
Recreation Activities

US Business Travel Market By Industry (USD Million, 2025-2035)

Government
Corporate

Certified Researchers

Customize Report

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