Business Travel Market by Application, Type, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 161 SKU: IRTNTR44220

Business Travel Market Report 2023-2027 

The Global Business Travel Market size is estimated to grow by USD 1,535.23 billion, exhibiting a positive CAGR of 24.42% between 2023 and 2027. 

Our report offers in-depth analysis of the market drivers, trends, opportunities, challenges, and restraints, with segmentation by Application (marketing, internal meeting, trade show, and product launch), Type (travel fare, lodging, dining, and others), and Geography (APAC, Europe, North America, South America, and Middle East and Africa). Additionally, Technavio provides valuable insights through value chain analysis, parent market analysis, Porter’s Five analysis, vendor analysis, and COVID-19 impact data. The report also includes a thorough analysis of historical market data from 2017 to 2022.

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Business Travel Market Analysis and Insights

The growing technological advances is a key factor propelling the business travel market growth. The corporate travel market relies on technological advancements to enhance travel agents' and clients' experiences, facilitating access to travel data, comparing reservations, and securing efficient, cost-effective, and comfortable options. Advancements in artificial intelligence (AI) streamline the booking process by automating tasks and preserving employee travel preferences. Hilton Hotels, for instance, utilizes robotic concierges to address inquiries.

Companies employ advanced solutions like personal travel assistants, leveraging AI for a personalized booking experience, reducing time and enhancing efficiency. The market's growth is fueled by technological features that optimize travel arrangements, minimizing time investment. Thus, ongoing technological advances contribute to the expansion of the global corporate travel market.

The growing preference of consumers to book through online travel agencies is a key trend shaping the business travel market. Consumers increasingly opt for online portals to streamline travel bookings, prompting travel agencies to introduce innovative promotions. For instance, Upside tailors deals for business travelers, enticing over 5,000 companies to enroll in its corporate plan through VIP programs and complimentary cards. Booking.com, a major online portal, caters to diverse business trip needs, allowing companies to filter hotels based on amenities. This shift towards online travel agency preferences is expected to substantially fuel the expansion of the global corporate travel market in the forecast period.

The rising penetration of online video conferencing platforms is a major challenge hindering the market growth. Online video conferencing platforms like Zoom and Google Meet are poised to challenge participants in the global business travel market in the forecast period. These platforms gained popularity post-pandemic and are widely embraced by corporate entities, serving as a cost-effective alternative to expensive business travel. The advancements in online communication technologies, including banking, phone calls, emails, and video conferencing, offer companies efficient and economical means of communication and transactions.

The emergence of real-time communication options, such as Skype, FaceTime, Google Meet, and Zoom, has become a major constraint for the business travel market due to their low cost and high effectiveness. As a result, the increasing prevalence of online video conferencing platforms is expected to impede the growth of the global corporate travel market in the forecast period.

Business Travel Market Segmentation

The marketing segments are estimated to witness significant growth during the forecast period. Business travel is a crucial part of the marketing strategies of small and large enterprises operating globally. International marketing, which is also known as global marketing, moreover the marketing of a company on its own overseas market for products and services.

Business Travel Market

By Application

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The marketing segment was the largest segment and was valued at USD 140.84 billion in 2017. The marketing of products in international markets enables companies to expand their customer base and build the reputation of their brands. With the help of a business trip undertaken by employees by the international market, the companies can have a better understanding of the sales strategies and can focus on the target customer base. 

APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Business Travel Market

By APAC

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APAC held the highest revenue share of the global business travel market and is expected to hold its leading market position during the forecast period. In terms of quality, companies are making efforts to improve business travel for employees. Moreover, the business travel market in APAC is becoming autonomous in terms of planning business travel, especially for booking flights and hotels, either from a pre-approved list of flights or without any restrictions. In addition, the market is continuing to grow supported by favorable fares with minor increases for each fare class and route. Furthermore, the growing middle-class population, strong economy, and limited demand for new inventories are the factors responsible for the controlled hotel prices.

The business travel market in APAC was negatively impacted due to the COVID-19 outbreak that claimed around 0.39 million lives in India as of June 22, 2020. However, the vaccination drives that were conducted by the government across the region in the first half of 2021 helped to normalize the situation. The region's rapidly growing infrastructure makes it easier to set up a business, and the expansion of the business opportunities in the region will increase the growth of the regional corporate travel market. Therefore, owing to such factors, the business travel market In the region is expected to grow during the forecast period.

Business Travel Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Segment Overview

The business travel market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Billion, 2017 - 2027)
    • Marketing
    • Internal meeting
    • Trade show
    • Product launch
  • Type Outlook (USD Billion, 2017 - 2027)
    • Travel fare
    • Lodging
    • Dining
    • Others
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Argentina
      • Brazil

Business Travel Market Scope

Report Coverage

Details

Page number

161

Base year

2022

Historic period

 2018 - 2022

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 24.42%

Market growth 2023-2027

USD 1,535.23 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

23.34

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ADTRAV Corp., Airbnb Inc., American Express Global Business Travel GBT, ATG Travel Worldwide BV, BCD Travel Services BV, Booking Holdings Inc., Christopherson Business Travel, CWT Global BV, Direct Travel Inc., Fareportal Inc., FCM Travel Solutions, Flight Centre Travel Group Ltd., JPMorgan Chase and Co., JTBUSA Inc., MakeMyTrip Ltd., Omega World Travel Inc., Travel Leaders Group Holdings LLC, UNIGLOBE Travel International Limited Partnership, Walmart Inc., and WexasA Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Business Travel Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global business travel market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global business travel market 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Marketing - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Marketing - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Marketing - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Marketing - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Marketing - Year-over-year growth 2022-2027 (%)
    • 6.4 Internal meeting - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Internal meeting - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Internal meeting - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Internal meeting - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Internal meeting - Year-over-year growth 2022-2027 (%)
    • 6.5 Trade show - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Trade show - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Trade show - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Trade show - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Trade show - Year-over-year growth 2022-2027 (%)
    • 6.6 Product launch - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Product launch - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Product launch - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Product launch - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Product launch - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Travel fare - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Travel fare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Travel fare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Travel fare - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Travel fare - Year-over-year growth 2022-2027 (%)
    • 7.4 Lodging - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Lodging - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Lodging - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Lodging - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Lodging - Year-over-year growth 2022-2027 (%)
    • 7.5 Dining - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Dining - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Dining - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Dining - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Dining - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 72: Market opportunity by Type ($ billion)
      • Exhibit 73: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 115: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 116: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 117: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ billion)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 ADTRAV Corp.
              • Exhibit 127: ADTRAV Corp. - Overview
              • Exhibit 128: ADTRAV Corp. - Product / Service
              • Exhibit 129: ADTRAV Corp. - Key offerings
            • 12.4 Airbnb Inc.
              • Exhibit 130: Airbnb Inc. - Overview
              • Exhibit 131: Airbnb Inc. - Product / Service
              • Exhibit 132: Airbnb Inc. - Key offerings
            • 12.5 American Express Global Business Travel GBT
              • Exhibit 133: American Express Global Business Travel GBT - Overview
              • Exhibit 134: American Express Global Business Travel GBT - Product / Service
              • Exhibit 135: American Express Global Business Travel GBT - Key offerings
            • 12.6 ATG Travel Worldwide BV
              • Exhibit 136: ATG Travel Worldwide BV - Overview
              • Exhibit 137: ATG Travel Worldwide BV - Product / Service
              • Exhibit 138: ATG Travel Worldwide BV - Key offerings
            • 12.7 BCD Travel Services BV
              • Exhibit 139: BCD Travel Services BV - Overview
              • Exhibit 140: BCD Travel Services BV - Product / Service
              • Exhibit 141: BCD Travel Services BV - Key news
              • Exhibit 142: BCD Travel Services BV - Key offerings
            • 12.8 Booking Holdings Inc.
              • Exhibit 143: Booking Holdings Inc. - Overview
              • Exhibit 144: Booking Holdings Inc. - Product / Service
              • Exhibit 145: Booking Holdings Inc. - Key offerings
            • 12.9 Christopherson Business Travel
              • Exhibit 146: Christopherson Business Travel - Overview
              • Exhibit 147: Christopherson Business Travel - Product / Service
              • Exhibit 148: Christopherson Business Travel - Key offerings
            • 12.10 CWT Global BV
              • Exhibit 149: CWT Global BV - Overview
              • Exhibit 150: CWT Global BV - Product / Service
              • Exhibit 151: CWT Global BV - Key offerings
            • 12.11 Direct Travel Inc.
              • Exhibit 152: Direct Travel Inc. - Overview
              • Exhibit 153: Direct Travel Inc. - Product / Service
              • Exhibit 154: Direct Travel Inc. - Key offerings
            • 12.12 Fareportal Inc.
              • Exhibit 155: Fareportal Inc. - Overview
              • Exhibit 156: Fareportal Inc. - Product / Service
              • Exhibit 157: Fareportal Inc. - Key offerings
            • 12.13 Flight Centre Travel Group Ltd.
              • Exhibit 158: Flight Centre Travel Group Ltd. - Overview
              • Exhibit 159: Flight Centre Travel Group Ltd. - Product / Service
              • Exhibit 160: Flight Centre Travel Group Ltd. - Key offerings
            • 12.14 JPMorgan Chase and Co.
              • Exhibit 161: JPMorgan Chase and Co. - Overview
              • Exhibit 162: JPMorgan Chase and Co. - Business segments
              • Exhibit 163: JPMorgan Chase and Co. - Key offerings
              • Exhibit 164: JPMorgan Chase and Co. - Segment focus
            • 12.15 JTBUSA Inc.
              • Exhibit 165: JTBUSA Inc. - Overview
              • Exhibit 166: JTBUSA Inc. - Product / Service
              • Exhibit 167: JTBUSA Inc. - Key offerings
            • 12.16 MakeMyTrip Ltd.
              • Exhibit 168: MakeMyTrip Ltd. - Overview
              • Exhibit 169: MakeMyTrip Ltd. - Business segments
              • Exhibit 170: MakeMyTrip Ltd. - Key offerings
              • Exhibit 171: MakeMyTrip Ltd. - Segment focus
            • 12.17 Travel Leaders Group Holdings LLC
              • Exhibit 172: Travel Leaders Group Holdings LLC - Overview
              • Exhibit 173: Travel Leaders Group Holdings LLC - Product / Service
              • Exhibit 174: Travel Leaders Group Holdings LLC - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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