Get All Access for $5/mo

These 10 Countries Will See the Most Business Travelers in the Next Decade Get ready for a travel boom.

By Rose Leadem

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

If you're in the travel industry, get ready for a busy future. During the World Travel & Tourism Council (WTTC) Global Summit in Bangkok this month, WTTC and Travelport revealed in a new report that the $1.2 trillion business travel sector is expected to increase by 3.7 percent year over year for the next decade.

Related: 11 Strategies for More Efficient Business Travel

And for those who work in emerging markets such as Asia-Pacific, it's time to gear up for the travel boom: Business travel in that region is expected to increase 6.2 percent every year. Unsurprisingly, China tops the list as the country with the most expected growth, with an estimated 9.5 percent yearly increase in activity. Following close behind is Myanmar at 8.7 percent and Rwanda at 8.5 percent.

The top 10 countries with the highest forecasted growth in business travel for 2017 to 2027 are:

  1. China, 9.5 percent

  2. Myanmar, 8.7 percent

  3. Rwanda, 8.5 percent

  4. Gabon, 8.5 percent

  5. Greece, 8.2 percent

  6. Hong Kong, 8 percent

  7. Tanzania, 7.9 percent

  8. Cambodia, 7.4 percent

  9. Solomon Island, 7.3 percent

  10. India, 7.2 percent

Over the past five years, spending for business travel in emerging markets such as the Democratic Republic of the Congo and Qatar has been on the rise. Between 2011 and 2016, business travel spending in Congo increased by 32 percent, 25 percent in Qatar, 21 percent in Azerbaijan and 19 percent in Mozambique. However, the largest business travel markets are still the U.S., China, the U.K., Germany and Japan.

The report notes a number of factors contributing to this growth. Today, companies are seeking to expand into unchartered territories, developing new markets and maximizing revenue. The study pinpoints a link between peace and economic development, which helps to explains why countries such as Sudan, Sri Lanka, Angola and Rwanda -- which have come out of conflict -- make the list of countries expecting high business travel growth.

Related: 8 Tips for Making Your Business Travel Worth the Hassle

Of course, one of the primary factors contributing to this growth is technology. From mobile phone alerts to flight upgrades and accessible information, more and more tech is emerging that supports travelers and travel businesses.

"Every day we see business travel growing at a significant rate in many emerging markets with technology playing an in increasingly important role in easing the way for those on trips for their work," said Travelport CEO Gordon Wilson in a press release.

Rose Leadem is a freelance writer for Entrepreneur.com. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Growing a Business

How to Determine The Ideal Length of Your Marketing Emails Your Customers Will Actually Read

Wondering how long your marketing emails should be? Here's what consumers say — so you can send them exactly what they like.

Leadership

Tech Overload Will Destroy Your Customer Relationships. Are You Guilty of Using Too Much Tech?

Technology's value in our world is undeniable. However, there can be a point where it is ineffective and possibly counterproductive. See where it can negatively impact your product, brand, and business.

Devices

Clean up Your Mac Software with This $12 Family Plan, for One Week Only

Save on a program that can optimize your company's Mac computers.

Management

Most Gen Z Workers Want This One Thing From Their Employer. Are You Providing It?

Millions of college graduates are entering the workforce, and many feel unprepared. Here's the one thing they're looking for from potential employers — and how providing it will benefit you and your business in the long run.

Operations & Logistics

How to Know It's Time to Add an HR Department

HR activities at startups are often reactive in nature instead of proactive. That leaves gaps in the system.