Accommodation, Hospitality & Personal Services

Corporate Travel Services: Market Size, Growth & Forecast to 2030

The Corporate Travel Services market is valued at about $1620 billion (2026) and is projected to grow at a 5.2% CAGR through 2030. The largest cost driver is Labor and Agent Operations (45% of spend). North America leads demand at 38%.

Market size
$1,620 bn (2026)
CAGR to 2030
+5.2%
Buyer power
Favours buyers
Tracked suppliers
25

Projected market growth to 2030

Market size index, 2026 = 100, at the 5.2% CAGR.

1291191101001002026105.22027110.72028116.42029122.52030128.82031

Cost structure

Labor and Agent Operations
45%
IT, Software, and AI Architecture Integration
25%
GDS Fees and Booking Technology Platforms
15%
Overhead, Marketing, and Administrative Costs
15%

Regional demand split

North America demand
38%
Europe demand
30%
Asia Pacific demand
22%
Latin America demand
5%
Rest of world demand
5%

Key suppliers

American Express Global Business Travel (Amex GBT)BCD TravelCWT (formerly Carlson Wagonlit Travel)Corporate Travel Management (CTM)Navan (formerly TripActions)
Read the full Corporate Travel Services report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/corporate-travel-services