Incentive Travel Market - By source, the domestic segment is expected to grow at the highest CAGR of 11.48% from 2022 to 2031

WILMINGTON, DE, UNITED STATES, December 10, 2024 /EINPresswire.com/ -- As per the report published by Allied Market Research, the global incentive travel market garnered $42.0 billion in 2021, and is estimated to generate $216.8 billion by 2031, manifesting a CAGR of 12.1% from 2022 to 2031. The report provides a comprehensive study which focuses on value chain, competitive scenario, changing market dynamics, major segments, and regional landscape.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/17236

Segments covered Industry Type, End User, Source, and Region.

Drivers The hectic lifestyle of employees working in various industries
Change in organizations’ prospective towards travel-based incentives
Opportunities The upcoming startups culture across the globe
Restraints Political climate across the globe
Safety and security of tourists
Currency fluctuation of destination country
Budget of companies

The research offers a detailed analysis which focuses on segmentation of the global incentive travel market based on source, industry type, end user, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

On the basis of source, the domestic segment contributed to the largest share in 2021, holding more than three-fourths of the global incentive travel market, and is anticipated to maintain its dominant position during the forecast period. On the other hand, the international segment is registered to grow at the fastest CAGR of 14.11% during the forecast period.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (707 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬):- https://www.alliedmarketresearch.com/checkout-final/546a6029c5df0dbd04db9fccac3a7c65

On the basis of industry type, the healthcare segment held the largest share in 2021, contributing to around one-fifth of the global incentive travel market, and is estimated to continue its dominance during the forecast period.

On the basis of end user, the corporate institutions segment held the highest share in 2021, contributing to more than 90% of the global incentive travel market, and is anticipated to lead the market during the forecast period.

On the basis of region, the Asia-Pacific region is registered to manifest the fastest CAGR of 12.79% during the forecast period. However, the region across Europe accounted for the largest share in 2021, contributing to nearly two-fifths of the total incentive travel market share, and is estimated to maintain its lead in terms of revenue in 2031.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐛𝐞𝐟𝐨𝐫𝐞 𝐛𝐮𝐲𝐢𝐧𝐠: - https://www.alliedmarketresearch.com/purchase-enquiry/17236

Leading market players of the global incentive travel market analyzed in the research include
BCD Group
BI Worldwide
Direct Travel
Fareportal
Frosch
Omega World Travel
CSI DMC
IBTM
ITA Group
Maritz
Carlson Wagonlit Travel
360 Destination Group
Access Destination Services
ATPI Ltd.
cievents
Conference Care Ltd.
Creative Group, Inc.
Meetings and Incentives Worldwide, Inc.
One10, LLC
The Freeman Company
The Interpublic Group of Companies, Inc.
Expedia Group
Booking Holdings
CWT
Travel Leaders Group
Travel Edge
ATG
Adelman Travel

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐆𝐨𝐨𝐝𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲
𝐕𝐢𝐝𝐞𝐨 𝐆𝐚𝐦𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 www.alliedmarketresearch.com/video-g…ket-A85196
𝐏𝐚𝐩𝐞𝐫 �.𝐚𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 www.alliedmarketresearch.com/paper-b…ket-A16182

David Correa
Allied Market Research
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