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Corporate Travel Market Size, Share and Forecast 2026-2036

The global corporate travel market is worth USD 1.6 tn in 2026 and is forecast to reach USD 2.8 tn by 2036, growing at a 5.6% CAGR. United States is the largest country market and Air travel is the largest by category segment.

USD 1.6 tnMarket size 2026
USD 2.8 tnForecast 2036
5.6%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global corporate travel market is worth USD 1.6 tn in 2026 and is forecast to reach USD 2.8 tn by 2036, growing at a 5.6% CAGR. United States is the largest country market and Air travel is the largest by category segment.

ScopeSpending by organisations on business travel: air, rail, lodging, ground transport and meals for employee trips, including corporate travel management fees.
IndustryTravel and Tourism
Value 2025USD 1.6 tn
Value 2026USD 1.6 tn
Value 2036USD 2.8 tn
CAGR 2026-20365.6%
Volume 20261,441 million business trips
Volume 20361,941 million business trips
Average price 2026USD 1,135 per business trip
Report priceStarts from USD 1,999
PublishedNovember 2026

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Corporate Travel market size and forecast, 2026-2036

Exhibit 1The global corporate travel market is forecast to grow from USD 1.6 tn in 2026 to USD 2.8 tn by 2036, a rise of 72%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 5.6%
Corporate Travel market value, 2025 to 2036Market value by year. 2025: USD 1.6 tn; 2026: USD 1.6 tn; 2027: USD 1.7 tn; 2028: USD 1.8 tn; 2029: USD 1.9 tn; 2030: USD 2.0 tn; 2031: USD 2.1 tn; 2032: USD 2.3 tn; 2033: USD 2.4 tn; 2034: USD 2.5 tn; 2035: USD 2.7 tn; 2036: USD 2.8 tn. Compound annual growth rate 2026 to 2036: 5.6%.20251.6 tn20262.1 tn20312.8 tn20365.6% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 1.6 tn
2027USD 1.7 tn
2028USD 1.8 tn
2029USD 1.9 tn
2030USD 2.0 tn
2031USD 2.1 tn
2032USD 2.3 tn
2033USD 2.4 tn
2034USD 2.5 tn
2035USD 2.7 tn
2036USD 2.8 tn

Corporate Travel market segmentation

By category

Exhibit 2Air travel is the largest segment by category, with 38.0% of 2026 revenueEstimated share of 2026 global revenue, by category
Corporate Travel market share by category, 2026Share of 2026 revenue by category. Air travel: 38.0%; Lodging: 27.0%; Meals and entertainment: 18.0%; Ground transport: 12.0%; Management and booking fees: 5.0%.Air travel38.0%Lodging27.0%Meals and entertainment18.0%Ground transport12.0%Management and booking fees5.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Air travel38.0%36.3%USD 621 bn5.1%
Lodging27.0%27.1%USD 442 bn5.6%
Ground transport12.0%11.5%USD 196 bn5.1%
Meals and entertainment18.0%19.8%USD 294 bn6.6%
Management and booking fees5.0%5.3%USD 81.8 bn6.1%

By trip type

Exhibit 3Domestic trips adds the most revenue by trip type, growing from USD 899 bn in 2026 to USD 1.5 tn by 2036Estimated revenue in USD by trip type, 2026 and 2036 forecast
Corporate Travel market by trip type, 2026 and 2036Revenue by trip type in 2026 and 2036. Domestic trips: USD 899 bn in 2026, USD 1.5 tn in 2036, change +62%; International trips: USD 540 bn in 2026, USD 1.0 tn in 2036, change +87%; Meetings and group travel: USD 196 bn in 2026, USD 350 bn in 2036, change +78%.20262036 forecastChangeDomestic trips+62%899 bn1.5 tnInternational trips+87%540 bn1.0 tnMeetings and group travel+78%196 bn350 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Domestic trips55.0%51.8%USD 899 bn5.0%
International trips33.0%35.8%USD 540 bn6.5%
Meetings and group travel12.0%12.4%USD 196 bn6.0%

By booking method

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Online tools42.0%52.0%USD 687 bn7.9%
Travel management companies40.0%32.0%USD 654 bn3.3%
Direct with suppliers18.0%16.0%USD 294 bn4.4%

By company size

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Large enterprises60.0%56.0%USD 981 bn4.9%
Mid-sized companies24.0%26.0%USD 392 bn6.5%
Small businesses16.0%18.0%USD 262 bn6.8%

By industry

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
IT and professional services28.0%28.0%USD 458 bn5.6%
Manufacturing22.0%20.0%USD 360 bn4.6%
Financial services18.0%18.0%USD 294 bn5.6%
Healthcare and pharma12.0%13.0%USD 196 bn6.5%
Energy and other20.0%21.0%USD 327 bn6.1%

Top 25 countries for corporate travel by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 80.0% of 2026 revenue and the 25 countries below together hold 94.8%.

Exhibit 4United States is the largest country market at USD 491 bn in 2026, and the three largest countries hold 55.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Corporate Travel market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 491 bn, 30.0%; China: USD 311 bn, 19.0%; Germany: USD 98.1 bn, 6.0%; Japan: USD 81.8 bn, 5.0%; United Kingdom: USD 81.8 bn, 5.0%; India: USD 65.4 bn, 4.0%; France: USD 57.2 bn, 3.5%; Brazil: USD 40.9 bn, 2.5%; Canada: USD 40.9 bn, 2.5%; South Korea: USD 40.9 bn, 2.5%.United States491 bn 30.0%China311 bn 19.0%Germany98.1 bn 6.0%Japan81.8 bn 5.0%United Kingdom81.8 bn 5.0%India65.4 bn 4.0%France57.2 bn 3.5%Brazil40.9 bn 2.5%Canada40.9 bn 2.5%South Korea40.9 bn 2.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 491 bn30.0%USD 787 bn4.8%
2ChinaUSD 311 bn19.0%USD 601 bn6.8%
3GermanyUSD 98.1 bn6.0%USD 149 bn4.3%
4JapanUSD 81.8 bn5.0%USD 118 bn3.8%
5United KingdomUSD 81.8 bn5.0%USD 124 bn4.3%
6IndiaUSD 65.4 bn4.0%USD 161 bn9.4%
7FranceUSD 57.2 bn3.5%USD 87.4 bn4.3%
8BrazilUSD 40.9 bn2.5%USD 76.1 bn6.4%
9CanadaUSD 40.9 bn2.5%USD 64.9 bn4.7%
10South KoreaUSD 40.9 bn2.5%USD 67.7 bn5.2%
11ItalyUSD 32.2 bn2.0%USD 57.5 bn6.0%
12SpainUSD 28.6 bn1.8%USD 51.0 bn6.0%
13AustraliaUSD 25.5 bn1.6%USD 45.4 bn5.9%
14NetherlandsUSD 22.7 bn1.4%USD 40.6 bn6.0%
15SwitzerlandUSD 20.3 bn1.2%USD 36.1 bn5.9%
16MexicoUSD 18.0 bn1.1%USD 32.1 bn6.0%
17SingaporeUSD 16.0 bn1.0%USD 28.5 bn5.9%
18United Arab EmiratesUSD 14.2 bn0.9%USD 27.1 bn6.6%
19Saudi ArabiaUSD 12.8 bn0.8%USD 24.3 bn6.6%
20RussiaUSD 11.3 bn0.7%USD 20.0 bn5.9%
21TurkeyUSD 10.0 bn0.6%USD 18.0 bn6.1%
22SwedenUSD 9.0 bn0.6%USD 16.1 bn6.0%
23IndonesiaUSD 8.0 bn0.5%USD 15.2 bn6.6%
24PolandUSD 7.0 bn0.4%USD 12.7 bn6.1%
25TaiwanUSD 6.4 bn0.4%USD 11.3 bn5.9%
Rest of worldUSD 85.0 bn5.2%USD 148 bn5.7%
Exhibit 5United States and China account for 49% of the USD 1.2 tn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Corporate Travel market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 1.6 tn. United States: +USD 296 bn; China: +USD 290 bn; India: +USD 95.3 bn; Germany: +USD 51.3 bn; United Kingdom: +USD 42.3 bn; 20 other countries: +USD 347 bn; Rest of world: +USD 62.7 bn. Market value 2036: USD 2.8 tn.Market value 20261.6 tnUnited States+296 bnChina+290 bnIndia+95.3 bnGermany+51.3 bnUnited Kingdom+42.3 bn20 other countries+347 bnRest of world+62.7 bnMarket value 20362.8 tn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • American Express Global Business Travel
  • CWT
  • BCD Travel
  • Navan
  • SAP Concur
  • Corporate Travel Management
  • Trip.com Group

Group 2: Regional and specialist players

  • Flight Centre Travel Group
  • Amadeus
  • Sabre
  • Egencia
  • Delta Air Lines
  • Marriott International
  • Hilton
  • Lufthansa Group
  • Direct Travel
  • Ovation Travel Group

Group 3: Emerging and niche players

  • TravelPerk
  • Spotnana
  • Perk
  • TravelBank
  • Troop
  • Locomote

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the corporate travel market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.6% is calculated from the resulting values.

The market is divided by category, by trip type, by booking method, by company size, by industry. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the corporate travel market?

The global corporate travel market is estimated at USD 1.6 tn in 2025 and USD 1.6 tn in 2026.

How fast will the corporate travel market grow?

It is forecast to reach USD 2.8 tn by 2036, a compound annual growth rate of 5.6% from 2026, an increase of USD 1.2 tn.

Which country is the largest market for corporate travel?

United States is the largest market by revenue at USD 491 bn in 2026, 30.0% of the global total. The three largest countries together hold 55.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 9.4% a year from 2026 to 2036.

Which corporate travel segment is largest?

In the by category split, Air travel is the largest segment with 38.0% of 2026 revenue.

Who are the leading corporate travel companies?

Global leaders include American Express Global Business Travel, CWT, BCD Travel, Navan.

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