South Korea B2B Travel Market Size & Outlook, 2026-2034
South Korea B2B Travel Market Insights
- As per Reed Intelligence insights, the South Korea B2B Travel Market stood at USD 505.13 Million in 2025 and is anticipated to grow to USD 2555.95 Million by 2034.
- The South Korea market is expected to advance at a CAGR of 19.76% from 2026 through 2034.
- In 2025, Small and Medium-Sized Enterprises (SMEs) accounted for the highest share of the Customer Size market size.
- During the forecast period, Large Enterprises is set to register the highest growth, making it the most lucrative Customer Size segment.
Source: RI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2025, South Korea represented 1.62% of the overall global B2B Travel Market size.
- United States is projected to lead the global B2B Travel Market size by 2034.
- Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2034.
- South East Asia is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 4982.03 Million by 2034.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2025 |
| Study Period | 2022-2034 |
| Historical Period | 2022-2024 |
| Forecast Period | 2026-2034 |
| Market Size In 2025 | USD 505.13 Million |
| Market Size In 2034 | USD 2555.95 Million |
| Largest segment | Small and Medium-Sized Enterprises (SMEs) |
| Units | Revenue in USD Million |
| CAGR | 19.76% (2026-2034) |
| Segmnetation Covered | |
| Customer Size |
|
| Travel Type |
|
| Service Provider Type |
|
| Technology |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Korea B2B Travel Market Customer Size 2026-2034 (USD Million)
| Customer Size | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Small and Medium-Sized Enterprises (SMEs) | XX.x | XX.x | XX.x | 278.53 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Large Enterprises | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.
South Korea B2B Travel Market Travel Type 2026-2034 (USD Million)
| Travel Type | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Travel | XX.x | XX.x | XX.x | 185.84 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Meetings | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Incentives | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Conferences | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| and Exhibitions (MICE) | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Group Travel | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.
South Korea B2B Travel Market Service Provider Type 2026-2034 (USD Million)
| Service Provider Type | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Online Booking Platforms | XX.x | XX.x | XX.x | 249.28 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Travel Agencies | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Tour Operators | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.
South Korea B2B Travel Market Technology 2026-2034 (USD Million)
| Technology | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Artificial Intelligence and Machine Learning | XX.x | XX.x | XX.x | 275.8 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Virtual and Augmented Reality | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Blockchain | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.