Global Travel Management Company (TMC) Market Research Report 2024
The global Travel Management Company (TMC) market was valued at US$ 23.67 billion in 2023. It is anticipated to reach US$ 35.47 billion by 2030, witnessing a CAGR of 5.4% during the forecast period... もっと見る
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SummaryThe global Travel Management Company (TMC) market was valued at US$ 23.67 billion in 2023. It is anticipated to reach US$ 35.47 billion by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.The major global companies of Travel Management Company (TMC) include TravelPerk, AltexSoft, Corporate Travel Management (CTM), BCD Travel, Direct Travel, CWT, Navan, AMEX GBT (Egencia), and FCM Travel, etc. In 2023, the world's top three vendors accounted for approximately 22% of the revenue. This report aims to provide a comprehensive presentation of the global market for Travel Management Company (TMC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Travel Management Company (TMC). The Travel Management Company (TMC) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Travel Management Company (TMC) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. The report will help the Travel Management Company (TMC) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions. Market Segmentation By Company TravelPerk AltexSoft Corporate Travel Management (CTM) BCD Travel Direct Travel CWT Navan AMEX GBT (Egencia) FCM Travel ITILITE JTB Business Travel Spendesk TruTrip SAP Concur TravelBank Segment by Type Service Software Segment by Application Large Enterprises SMEs Government and NGO By Region North America United States Canada Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of APAC Europe Germany France U.K. Italy Russia Nordic Countries Rest of Europe Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA Chapter Outline Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry. Chapter 3: Detailed analysis of Travel Management Company (TMC) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 12: The main points and conclusions of the report. Table of Contents1 Report Overview 11.1 Study Scope 1 1.2 Market Analysis by Type 2 1.2.1 Global Travel Management Company (TMC) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030 2 1.2.2 Service 3 1.2.3 Software 4 1.3 Market by Application 4 1.3.1 Global Travel Management Company (TMC) Market Growth by Application: 2019 VS 2023 VS 2030 5 1.3.2 Large Enterprises 6 1.3.3 SMEs 7 1.3.4 Government and NGO 7 1.4 Assumptions and Limitations 8 1.5 Study Objectives 9 1.6 Years Considered 10 2 Global Growth Trends 11 2.1 Global Travel Management Company (TMC) Market Perspective (2019-2030) 11 2.2 Global Travel Management Company (TMC) Growth Trends by Region 12 2.2.1 Global Travel Management Company (TMC) Market Size by Region: 2019 VS 2023 VS 2030 13 2.2.2 Travel Management Company (TMC) Historic Market Size by Region (2019-2024) 14 2.2.3 Travel Management Company (TMC) Forecasted Market Size by Region (2025-2030) 14 2.3 Travel Management Company (TMC) Market Dynamics 15 2.3.1 Travel Management Company (TMC) Industry Trends 15 2.3.2 Travel Management Company (TMC) Market Drivers 16 2.3.3 Travel Management Company (TMC) Market Challenges 17 2.3.4 Travel Management Company (TMC) Market Restraints 18 3 Competition Landscape by Key Players 19 3.1 Global Top Travel Management Company (TMC) Players by Revenue 19 3.1.1 Global Top Travel Management Company (TMC) Players by Revenue (2019-2024) 19 3.1.2 Global Travel Management Company (TMC) Revenue Market Share by Players (2019-2024) 20 3.2 Global Travel Management Company (TMC) Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 21 3.3 Global Key Players Ranking by Travel Management Company (TMC) Revenue 23 3.4 Global Travel Management Company (TMC) Market Concentration Ratio 24 3.4.1 Global Travel Management Company (TMC) Market Concentration Ratio (CR5) 24 3.4.2 Global Top 5 Companies by Travel Management Company (TMC) Revenue in 2023 25 3.5 Global Key Players of Travel Management Company (TMC) Head office and Area Served 25 3.6 Global Key Players of Travel Management Company (TMC), Product Offered 26 3.7 Mergers & Acquisitions, Expansion Plans 27 4 Travel Management Company (TMC) Breakdown Data by Type 29 4.1 Global Travel Management Company (TMC) Historic Market Size by Type (2019-2024) 29 4.2 Global Travel Management Company (TMC) Forecasted Market Size by Type (2025-2030) 30 5 Travel Management Company (TMC) Breakdown Data by Application 31 5.1 Global Travel Management Company (TMC) Historic Market Size by Application (2019-2024) 31 5.2 Global Travel Management Company (TMC) Forecasted Market Size by Application (2025-2030) 32 6 North America 33 6.1 North America Travel Management Company (TMC) Market Size (2019-2030) 33 6.2 North America Travel Management Company (TMC) Market Growth Rate by Country: 2019 VS 2023 VS 2030 33 6.3 North America Travel Management Company (TMC) Market Size by Country (2019-2024) 34 6.4 North America Travel Management Company (TMC) Market Size by Country (2025-2030) 34 6.5 United States 35 6.6 Canada 36 7 Europe 37 7.1 Europe Travel Management Company (TMC) Market Size (2019-2030) 37 7.2 Europe Travel Management Company (TMC) Market Growth Rate by Country: 2019 VS 2023 VS 2030 37 7.3 Europe Travel Management Company (TMC) Market Size by Country (2019-2024) 38 7.4 Europe Travel Management Company (TMC) Market Size by Country (2025-2030) 38 7.5 Germany 39 7.6 France 40 7.7 U.K. 40 7.8 Italy 41 7.9 Russia 41 7.10 Nordic Countries 42 8 Asia-Pacific 43 8.1 Asia-Pacific Travel Management Company (TMC) Market Size (2019-2030) 43 8.2 Asia-Pacific Travel Management Company (TMC) Market Growth Rate by Country: 2019 VS 2023 VS 2030 43 8.3 Asia-Pacific Travel Management Company (TMC) Market Size by Region (2019-2024) 44 8.4 Asia-Pacific Travel Management Company (TMC) Market Size by Region (2025-2030) 44 8.5 China 45 8.6 Japan 46 8.7 South Korea 46 8.8 Southeast Asia 47 8.9 India 47 8.10 Australia 48 9 Latin America 49 9.1 Latin America Travel Management Company (TMC) Market Size (2019-2030) 49 9.2 Latin America Travel Management Company (TMC) Market Growth Rate by Country: 2019 VS 2023 VS 2030 49 9.3 Latin America Travel Management Company (TMC) Market Size by Country (2019-2024) 50 9.4 Latin America Travel Management Company (TMC) Market Size by Country (2025-2030) 50 9.5 Mexico 51 9.6 Brazil 52 10 Middle East & Africa 53 10.1 Middle East & Africa Travel Management Company (TMC) Market Size (2019-2030) 53 10.2 Middle East & Africa Travel Management Company (TMC) Market Growth Rate by Country: 2019 VS 2023 VS 2030 53 10.3 Middle East & Africa Travel Management Company (TMC) Market Size by Country (2019-2024) 54 10.4 Middle East & Africa Travel Management Company (TMC) Market Size by Country (2025-2030) 54 10.5 Turkey 55 10.6 Saudi Arabia 56 10.7 UAE 56 11 Key Players Profiles 57 11.1 TravelPerk 57 11.1.1 TravelPerk Company Details 57 11.1.2 TravelPerk Business Overview 57 11.1.3 TravelPerk Travel Management Company (TMC) Introduction 58 11.1.4 TravelPerk Revenue in Travel Management Company (TMC) Business (2019-2024) 59 11.1.5 TravelPerk Recent Development 59 11.2 AltexSoft 59 11.2.1 AltexSoft Company Details 60 11.2.2 AltexSoft Business Overview 60 11.2.3 AltexSoft Travel Management Company (TMC) Introduction 61 11.2.4 AltexSoft Revenue in Travel Management Company (TMC) Business (2019-2024) 61 11.3 Corporate Travel Management (CTM) 62 11.3.1 Corporate Travel Management (CTM) Company Details 62 11.3.2 Corporate Travel Management (CTM) Business Overview 62 11.3.3 Corporate Travel Management (CTM) Travel Management Company (TMC) Introduction 63 11.3.4 Corporate Travel Management (CTM) Revenue in Travel Management Company (TMC) Business (2019-2024) 64 11.4 BCD Travel 64 11.4.1 BCD Travel Company Details 64 11.4.2 BCD Travel Business Overview 64 11.4.3 BCD Travel Travel Management Company (TMC) Introduction 65 11.4.4 BCD Travel Revenue in Travel Management Company (TMC) Business (2019-2024) 67 11.4.5 BCD Travel Recent Development 67 11.5 Direct Travel 67 11.5.1 Direct Travel Company Details 67 11.5.2 Direct Travel Business Overview 68 11.5.3 Direct Travel Travel Management Company (TMC) Introduction 68 11.5.4 Direct Travel Revenue in Travel Management Company (TMC) Business (2019-2024) 69 11.5.5 Direct Travel Recent Development 69 11.6 CWT 70 11.6.1 CWT Company Details 70 11.6.2 CWT Business Overview 70 11.6.3 CWT Travel Management Company (TMC) Introduction 71 11.6.4 CWT Revenue in Travel Management Company (TMC) Business (2019-2024) 72 11.6.5 CWT Recent Development 72 11.7 Navan 72 11.7.1 Navan Company Details 72 11.7.2 Navan Business Overview 73 11.7.3 Navan Travel Management Company (TMC) Introduction 73 11.7.4 Navan Revenue in Travel Management Company (TMC) Business (2019-2024) 74 11.7.5 Navan Recent Development 74 11.8 AMEX GBT (Egencia) 75 11.8.1 AMEX GBT (Egencia) Company Details 75 11.8.2 AMEX GBT (Egencia) Business Overview 75 11.8.3 AMEX GBT (Egencia) Travel Management Company (TMC) Introduction 76 11.8.4 AMEX GBT (Egencia) Revenue in Travel Management Company (TMC) Business (2019-2024) 77 11.8.5 AMEX GBT (Egencia) Recent Development 77 11.9 FCM Travel 78 11.9.1 FCM Travel Company Details 78 11.9.2 FCM Travel Business Overview 79 11.9.3 FCM Travel Travel Management Company (TMC) Introduction 79 11.9.4 FCM Travel Revenue in Travel Management Company (TMC) Business (2019-2024) 81 11.9.5 FCM Travel Recent Development 81 11.10 ITILITE 81 11.10.1 ITILITE Company Details 81 11.10.2 ITILITE Business Overview 82 11.10.3 ITILITE Travel Management Company (TMC) Introduction 82 11.10.4 ITILITE Revenue in Travel Management Company (TMC) Business (2019-2024) 83 11.11 JTB Business Travel 83 11.11.1 JTB Business Travel Company Details 83 11.11.2 JTB Business Travel Business Overview 84 11.11.3 JTB Business Travel Travel Management Company (TMC) Introduction 84 11.11.4 JTB Business Travel Revenue in Travel Management Company (TMC) Business (2019-2024) 85 11.12 Spendesk 85 11.12.1 Spendesk Company Details 86 11.12.2 Spendesk Business Overview 86 11.12.3 Spendesk Travel Management Company (TMC) Introduction 86 11.12.4 Spendesk Revenue in Travel Management Company (TMC) Business (2019-2024) 87 11.13 TruTrip 88 11.13.1 TruTrip Company Details 88 11.13.2 TruTrip Business Overview 88 11.13.3 TruTrip Travel Management Company (TMC) Introduction 89 11.13.4 TruTrip Revenue in Travel Management Company (TMC) Business (2019-2024) 90 11.14 SAP Concur 90 11.14.1 SAP Concur Company Details 90 11.14.2 SAP Concur Business Overview 90 11.14.3 SAP Concur Travel Management Company (TMC) Introduction 91 11.14.4 SAP Concur Revenue in Travel Management Company (TMC) Business (2019-2024) 92 11.15 TravelBank 92 11.15.1 TravelBank Company Details 93 11.15.2 TravelBank Business Overview 93 11.15.3 TravelBank Travel Management Company (TMC) Introduction 94 11.15.4 TravelBank Revenue in Travel Management Company (TMC) Business (2019-2024) 94 12 Analyst's Viewpoints/Conclusions 95 13 Appendix 96 13.1 Research Methodology 96 13.1.1 Methodology/Research Approach 96 13.1.2 Data Source 99 13.2 Author Details 102 13.3 Disclaimer 102
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