ProcureHub · Indirect & Services · Global
Corporate Travel Management - TMC: Market Size & Forecast 2026
The global corporate travel management (TMC) market sits at approximately USD 15 billion in service revenue for 2025, representing roughly 1 percent of the estimated USD 1.57 trillion in total global corporate travel spend managed by TMCs. The market operates under heightened supplier concentration following the Amex GBT acquisition of CWT in September 2025 and the subsequent Long Lake acquisition of Amex GBT for USD 6.3 billion in May 2026, which has consolidated the top tier into an integrated AI-capable platform serving roughly 30 percent of global managed travel spend. > **Analyst Take.** Our view: the Long Lake acquisition of Amex GBT is the single most consequential event buyers must price into 2026-2027 contract decisions. The USD 6.3 billion transaction brings General Catalyst and Alpha Wave as backers with explicit AI integration mandates, meaning the combined platform will prio
Official data · Claight AnalysisForecast
Market size and CAGR extracted from the published Claight report; figures match the report..
2025 base: $15.0bn2032 est: $22.0bn
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Connect to an analyst →Market size and forecast are Claight Analysis, informed by public research and industry data. Historical years before 2025 and all forecast years are Claight estimates at the stated CAGR. Retrieved 2026.