Corporate Travel Management Software Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

By: HDIN Research Published: 2025-11-02 Pages: 94
Market Research Report Price
  • Single User License (1 Users) $ 3,500
  • Team License (2~5 Users) $ 4,500
  • Corporate License (>5 Users) $ 5,500
Corporate Travel Management Software Market Summary
Corporate Travel Management Software encompasses cloud and on-premises platforms that streamline booking, expense tracking, itinerary planning, and compliance for business travel. These solutions integrate with enterprise systems like CRM and ERP, automating workflows for policy enforcement, vendor negotiations, and real-time reporting. Core features include AI-driven recommendations for cost-effective routes, mobile apps for traveler self-service, and analytics for spend optimization. The industry blends traditional travel tech with fintech elements, such as virtual cards and automated reimbursements, addressing the need for visibility in fragmented travel ecosystems. Post-pandemic, hybrid models combining remote and in-person trips have surged, prompting solutions to balance safety, sustainability, and agility. While on-premises systems offer customization for data-sensitive firms, cloud deployments dominate for scalability and remote access. The sector's hallmark is personalization, using data to tailor experiences while ensuring regulatory adherence across borders. Compared to consumer travel apps, corporate variants emphasize ROI through duty-of-care tools and ESG tracking. High specialization prevails, with vendors focusing on modular integrations amid rising demand for seamless, end-to-end management. The global market for Corporate Travel Management Software is estimated to reach between USD 700 million and USD 1,500 million by 2025, capturing the rebound in business travel. From 2025 to 2030, the market is projected to expand at a compound annual growth rate (CAGR) of approximately 10.0% to 18.0%, fueled by AI personalization, sustainability mandates, and the integration of virtual events.
Industry Characteristics
Corporate travel management software has matured into sophisticated ecosystems that unify fragmented travel elements—from bookings to reimbursements—into intuitive dashboards. At its foundation, these platforms employ machine learning to predict traveler needs, recommending optimal itineraries that align with budgets and preferences, reducing unplanned spend by up to 30%. Manual approvals are supplanted by automated workflows, where AI flags policy violations in real-time, ensuring compliance without halting productivity. The industry's pivot to cloud architectures enables elastic scaling for seasonal peaks, such as conferences, while on-premises options persist for sectors demanding absolute data sovereignty. Synergies with ancillary tools, like expense auditors and carbon calculators, amplify value by linking travel to broader financial ecosystems. Relative to leisure travel apps, corporate solutions prioritize enterprise rigor, embedding features like risk alerts for geopolitical events and ESG metrics for sustainable routing. The market's concentration among innovators underscores a focus on API-driven extensibility, allowing seamless fusion with HR and procurement systems. Despite commoditization of basic booking functions, differentiation lies in predictive analytics that forecast disruptions, safeguarding duty-of-care. Production is vendor-led, with cloud-native designs minimizing hardware dependencies, though customization for multinational compliance remains a bespoke craft.
Regional Market Trends
Corporate travel management software adoption mirrors economic recovery and digital maturity, with demand linked to business mobility and regulatory landscapes.
● North America: North America leads with 4.5%–7.5% growth through 2030, anchored by U.S. and Canadian enterprises prioritizing integrated platforms for hybrid travel. Fintech synergies in finance and tech sectors drive usage, though data privacy laws like CCPA spur secure deployments.
● Europe: Europe advances at 4.0%–6.5% CAGR, propelled by GDPR-compliant tools in Germany, UK, and France. Sustainability focus in tourism and automotive boosts demand for green routing.
● Asia-Pacific (APAC): APAC surges at 6.5%–11.0% CAGR, led by China's e-commerce boom and India's IT services. Southeast Asia's trade pacts accelerate adoption.
● Latin America: Latin America grows at 5.0%–8.0%, with Brazil and Mexico emphasizing cost controls amid economic flux.
● Middle East and Africa (MEA): MEA expands at 5.5%–9.0%, with UAE's trade hubs fueling demand.
Application Analysis
Applications vary by enterprise scale, each exhibiting unique dynamics amid digital evolution.
● Small and Medium Enterprises: SMBs drive 7.0%–12.0% CAGR through 2030, favoring cloud tools for affordability and scalability. Trends include mobile-first bookings, though integration gaps persist.
● Large Enterprises: Large firms grow at 5.5%–9.5% CAGR, demanding robust analytics for global compliance. AI personalization enhances ROI.
Company Landscape
Key players span software natives and diversified giants, emphasizing AI and integrations.
● Concur (SAP): SAP Concur leads with AI-driven expense automation, serving 50 million+ users.
● Egencia (Amex GBT): Amex GBT's Egencia excels in global bookings for multinationals.
● TravelPerk: TravelPerk targets SMBs with flexible, sustainable tools.
● TripActions (Navan): Navan innovates with real-time trade credit.
● Corporate Travel Management: CTM focuses on APAC enterprise solutions.
● BCD Travel: BCD provides end-to-end consultancy.
● CWT: CWT integrates AI for predictive travel.
● FCM Travel: FCM emphasizes compliance.
● Omega World Travel: Omega serves U.S. corporates.
● Travelport: Travelport powers GDS integrations.
● Amadeus: Amadeus leads in API-driven bookings.
● Sabre: Sabre optimizes airline inventory.
● GTM (Global Travel Management): GTM aids UK firms.
Industry Value Chain Analysis
The value chain from ideation to analytics underscores software's pivotal role.
● Raw Materials: Data feeds from GDS and APIs form the base.
● Manufacturing: Cloud development yields scalable platforms.
● Distribution: SaaS models and partnerships enable reach.
● End-User Applications: Integration with ERP drives value.
Opportunities and Challenges
Opportunities abound in AI personalization:
● Hybrid Travel: 70% of firms expand for blended models.
● Sustainability: Carbon tracking could save $1 trillion by 2030.
● Emerging Markets: LATAM's 20% growth.
Challenges include:
● Data Privacy: GDPR compliance costs 4% of revenue.
● Supply Disruptions: 25% delay risk.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Corporate Travel Management Software Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Corporate Travel Management Software Market in North America (2020-2030)
8.1 Corporate Travel Management Software Market Size
8.2 Corporate Travel Management Software Market by End Use
8.3 Competition by Players/Suppliers
8.4 Corporate Travel Management Software Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Corporate Travel Management Software Market in South America (2020-2030)
9.1 Corporate Travel Management Software Market Size
9.2 Corporate Travel Management Software Market by End Use
9.3 Competition by Players/Suppliers
9.4 Corporate Travel Management Software Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Corporate Travel Management Software Market in Asia & Pacific (2020-2030)
10.1 Corporate Travel Management Software Market Size
10.2 Corporate Travel Management Software Market by End Use
10.3 Competition by Players/Suppliers
10.4 Corporate Travel Management Software Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Corporate Travel Management Software Market in Europe (2020-2030)
11.1 Corporate Travel Management Software Market Size
11.2 Corporate Travel Management Software Market by End Use
11.3 Competition by Players/Suppliers
11.4 Corporate Travel Management Software Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Corporate Travel Management Software Market in MEA (2020-2030)
12.1 Corporate Travel Management Software Market Size
12.2 Corporate Travel Management Software Market by End Use
12.3 Competition by Players/Suppliers
12.4 Corporate Travel Management Software Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Corporate Travel Management Software Market (2020-2025)
13.1 Corporate Travel Management Software Market Size
13.2 Corporate Travel Management Software Market by End Use
13.3 Competition by Players/Suppliers
13.4 Corporate Travel Management Software Market Size by Type
Chapter 14 Global Corporate Travel Management Software Market Forecast (2025-2030)
14.1 Corporate Travel Management Software Market Size Forecast
14.2 Corporate Travel Management Software Application Forecast
14.3 Competition by Players/Suppliers
14.4 Corporate Travel Management Software Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Concur (SAP)
15.1.1 Company Profile
15.1.2 Main Business and Corporate Travel Management Software Information
15.1.3 SWOT Analysis of Concur (SAP)
15.1.4 Concur (SAP) Corporate Travel Management Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Egencia (Amex GBT)
15.2.1 Company Profile
15.2.2 Main Business and Corporate Travel Management Software Information
15.2.3 SWOT Analysis of Egencia (Amex GBT)
15.2.4 Egencia (Amex GBT) Corporate Travel Management Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 TravelPerk
15.3.1 Company Profile
15.3.2 Main Business and Corporate Travel Management Software Information
15.3.3 SWOT Analysis of TravelPerk
15.3.4 TravelPerk Corporate Travel Management Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 TripActions (Navan)
15.4.1 Company Profile
15.4.2 Main Business and Corporate Travel Management Software Information
15.4.3 SWOT Analysis of TripActions (Navan)
15.4.4 TripActions (Navan) Corporate Travel Management Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Corporate Travel Management
15.5.1 Company Profile
15.5.2 Main Business and Corporate Travel Management Software Information
15.5.3 SWOT Analysis of Corporate Travel Management
15.5.4 Corporate Travel Management Corporate Travel Management Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 BCD Travel
15.6.1 Company Profile
15.6.2 Main Business and Corporate Travel Management Software Information
15.6.3 SWOT Analysis of BCD Travel
15.6.4 BCD Travel Corporate Travel Management Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 CWT
15.7.1 Company Profile
15.7.2 Main Business and Corporate Travel Management Software Information
15.7.3 SWOT Analysis of CWT
15.7.4 CWT Corporate Travel Management Software Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 FCM Travel
15.8.1 Company Profile
15.8.2 Main Business and Corporate Travel Management Software Information
15.8.3 SWOT Analysis of FCM Travel
15.8.4 FCM Travel Corporate Travel Management Software Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation and Acronyms
Table Research Scope of Corporate Travel Management Software Report
Table Data Sources of Corporate Travel Management Software Report
Table Major Assumptions of Corporate Travel Management Software Report
Table Corporate Travel Management Software Classification
Table Corporate Travel Management Software Applications
Table Drivers of Corporate Travel Management Software Market
Table Restraints of Corporate Travel Management Software Market
Table Opportunities of Corporate Travel Management Software Market
Table Threats of Corporate Travel Management Software Market
Table Raw Materials Suppliers
Table Different Production Methods of Corporate Travel Management Software
Table Cost Structure Analysis of Corporate Travel Management Software
Table Key End Users
Table Latest News of Corporate Travel Management Software Market
Table Merger and Acquisition
Table Planned/Future Project of Corporate Travel Management Software Market
Table Policy of Corporate Travel Management Software Market
Table 2020-2030 North America Corporate Travel Management Software Market Size
Table 2020-2030 North America Corporate Travel Management Software Market Size by Application
Table 2020-2025 North America Corporate Travel Management Software Key Players Revenue
Table 2020-2025 North America Corporate Travel Management Software Key Players Market Share
Table 2020-2030 North America Corporate Travel Management Software Market Size by Type
Table 2020-2030 United States Corporate Travel Management Software Market Size
Table 2020-2030 Canada Corporate Travel Management Software Market Size
Table 2020-2030 Mexico Corporate Travel Management Software Market Size
Table 2020-2030 South America Corporate Travel Management Software Market Size
Table 2020-2030 South America Corporate Travel Management Software Market Size by Application
Table 2020-2025 South America Corporate Travel Management Software Key Players Revenue
Table 2020-2025 South America Corporate Travel Management Software Key Players Market Share
Table 2020-2030 South America Corporate Travel Management Software Market Size by Type
Table 2020-2030 Brazil Corporate Travel Management Software Market Size
Table 2020-2030 Argentina Corporate Travel Management Software Market Size
Table 2020-2030 Chile Corporate Travel Management Software Market Size
Table 2020-2030 Peru Corporate Travel Management Software Market Size
Table 2020-2030 Asia & Pacific Corporate Travel Management Software Market Size
Table 2020-2030 Asia & Pacific Corporate Travel Management Software Market Size by Application
Table 2020-2025 Asia & Pacific Corporate Travel Management Software Key Players Revenue
Table 2020-2025 Asia & Pacific Corporate Travel Management Software Key Players Market Share
Table 2020-2030 Asia & Pacific Corporate Travel Management Software Market Size by Type
Table 2020-2030 China Corporate Travel Management Software Market Size
Table 2020-2030 India Corporate Travel Management Software Market Size
Table 2020-2030 Japan Corporate Travel Management Software Market Size
Table 2020-2030 South Korea Corporate Travel Management Software Market Size
Table 2020-2030 Southeast Asia Corporate Travel Management Software Market Size
Table 2020-2030 Australia Corporate Travel Management Software Market Size
Table 2020-2030 Europe Corporate Travel Management Software Market Size
Table 2020-2030 Europe Corporate Travel Management Software Market Size by Application
Table 2020-2025 Europe Corporate Travel Management Software Key Players Revenue
Table 2020-2025 Europe Corporate Travel Management Software Key Players Market Share
Table 2020-2030 Europe Corporate Travel Management Software Market Size by Type
Table 2020-2030 Germany Corporate Travel Management Software Market Size
Table 2020-2030 France Corporate Travel Management Software Market Size
Table 2020-2030 United Kingdom Corporate Travel Management Software Market Size
Table 2020-2030 Italy Corporate Travel Management Software Market Size
Table 2020-2030 Spain Corporate Travel Management Software Market Size
Table 2020-2030 Belgium Corporate Travel Management Software Market Size
Table 2020-2030 Netherlands Corporate Travel Management Software Market Size
Table 2020-2030 Austria Corporate Travel Management Software Market Size
Table 2020-2030 Poland Corporate Travel Management Software Market Size
Table 2020-2030 Russia Corporate Travel Management Software Market Size
Table 2020-2030 MEA Corporate Travel Management Software Market Size
Table 2020-2030 MEA Corporate Travel Management Software Market Size by Application
Table 2020-2025 MEA Corporate Travel Management Software Key Players Revenue
Table 2020-2025 MEA Corporate Travel Management Software Key Players Market Share
Table 2020-2030 MEA Corporate Travel Management Software Market Size by Type
Table 2020-2030 Egypt Corporate Travel Management Software Market Size
Table 2020-2030 Israel Corporate Travel Management Software Market Size
Table 2020-2030 South Africa Corporate Travel Management Software Market Size
Table 2020-2030 Gulf Cooperation Council Countries Corporate Travel Management Software Market Size
Table 2020-2030 Turkey Corporate Travel Management Software Market Size
Table 2020-2025 Global Corporate Travel Management Software Market Size by Region
Table 2020-2025 Global Corporate Travel Management Software Market Size Share by Region
Table 2020-2025 Global Corporate Travel Management Software Market Size by Application
Table 2020-2025 Global Corporate Travel Management Software Market Share by Application
Table 2020-2025 Global Corporate Travel Management Software Key Vendors Revenue
Table 2020-2025 Global Corporate Travel Management Software Key Vendors Market Share
Table 2020-2025 Global Corporate Travel Management Software Market Size by Type
Table 2020-2025 Global Corporate Travel Management Software Market Share by Type
Table 2025-2030 Global Corporate Travel Management Software Market Size by Region
Table 2025-2030 Global Corporate Travel Management Software Market Size Share by Region
Table 2025-2030 Global Corporate Travel Management Software Market Size by Application
Table 2025-2030 Global Corporate Travel Management Software Market Share by Application
Table 2025-2030 Global Corporate Travel Management Software Key Vendors Revenue
Table 2025-2030 Global Corporate Travel Management Software Key Vendors Market Share
Table 2025-2030 Global Corporate Travel Management Software Market Size by Type
Table 2025-2030 Corporate Travel Management Software Global Market Share by Type

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Corporate Travel Management Software Picture
Figure 2020-2030 North America Corporate Travel Management Software Market Size and CAGR
Figure 2020-2030 South America Corporate Travel Management Software Market Size and CAGR
Figure 2020-2030 Asia & Pacific Corporate Travel Management Software Market Size and CAGR
Figure 2020-2030 Europe Corporate Travel Management Software Market Size and CAGR
Figure 2020-2030 MEA Corporate Travel Management Software Market Size and CAGR
Figure 2020-2025 Global Corporate Travel Management Software Market Size and Growth Rate
Figure 2025-2030 Global Corporate Travel Management Software Market Size and Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

Why HDIN Research.com?

More options to meet your budget: you can choose Multi-user report, customized report even only specific data you need

 

Plenty of third-party databases and owned databases support

 

Accurate market information supported by Top Fortune 500 Organizations

 

24/7 purchase support and after-service support

 

Protect customer privacy

ABOUT HDIN RESEARCH

HDIN Research focuses on providing market consulting services. As an independent third-party consulting firm, it is committed to providing in-depth market research and analysis reports.

OUR LOCATION

Room 208-069, Floor 2, Building 6, No. 1, Shangdi 10th Street, Haidian District, Beijing, PR China
+86-010-82142830
sales@hdinresearch.com

QUICK LINKS