B2B travel market seen reaching $180.3 billion by 2035

The global B2B travel market is projected to surge from $30.5 billion in 2024 to $180.3 billion by 2035 as companies spend more on business travel and shift to digital travel management tools. The forecast points to faster demand for personalized, AI-enabled and compliance-focused services across large enterprises and SMEs.

Why it matters: - Corporate travel is moving back to a growth path as businesses raise travel budgets for meetings, client work and international deals. - The forecast suggests a major revenue opportunity for travel management companies, booking platforms and technology vendors that can automate planning, control costs and improve traveler support. - Smaller companies are now part of the addressable market, not just large enterprises, because digital tools and subscription models have lowered the barrier to using professional travel services.

What happened: - The global B2B travel market was valued at USD 30,537.06 million in 2024, with an estimated USD 35,887.23 million in 2025. - The market is projected to reach USD 180,329.47 million by 2035. - The forecast implies a 17.52% compound annual growth rate from 2025 to 2035. - The report was issued June 29, 2026 from New York. - Market Research Future also offered a free sample report at More information.

The details: - The market covers flight bookings, hotel reservations, transportation, expense management and travel policy compliance for business travel. - The industry has shifted from traditional agencies to technology-driven travel management companies using artificial intelligence, cloud computing and data analytics. - Buyers now want real-time updates, automated booking systems and better visibility into travel spending. - Global business expansion is increasing demand for travel programs that can handle cross-border operations and local compliance requirements. - Face-to-face meetings, conferences and international collaborations are contributing to higher travel demand. - Hybrid work models are creating more need for flexible booking and schedule changes. - Personalization is a major driver, with corporate travelers expecting customized itineraries, preferred hotels and loyalty program integration. - Cloud-based booking platforms, mobile apps and integrated expense tools are improving efficiency and transparency. - Artificial intelligence is being used to analyze traveler behavior, predict preferences, recommend options and automate routine tasks. - AI tools are also supporting virtual assistants, chatbots and predictive analytics for budget management and spending insights. - Duty of care is becoming a buying priority as companies look for real-time tracking, emergency support and risk management. - The market serves large enterprises and small and medium-sized businesses across information technology, financial services, manufacturing, healthcare and professional services.

Between the lines: - The forecast reflects a broader shift from travel as a basic booking function to travel as a managed corporate workflow tied to finance, employee safety and policy control. - Competition is likely to intensify as providers bundle automation, analytics and traveler support into one platform. - The regional outlook points to the strongest near-term growth in Asia-Pacific, while North America remains a large spending base and Europe benefits from multinational demand. - Sustainability and carbon reduction are emerging as additional decision factors, which could favor providers with reporting and greener travel options.

What's next: - Travel management providers are expected to keep investing in AI, automation, mobile tools and analytics to win enterprise contracts. - Strategic partnerships and acquisitions with airlines, hotel chains and technology firms are likely to continue. - Demand should expand further as companies prioritize efficiency, employee experience and cost optimization in travel programs. - The report expects the fastest growth from Asia-Pacific and steady gains from South America and the Middle East & Africa.

The bottom line: - B2B travel is becoming a tech-enabled corporate service market, and the biggest winners are likely to be providers that combine automation, personalization and duty-of-care features with global reach.