Travel

The AI-powered expense management market in the USA is projected to save $8B in corporate travel spend by 2030, driven by the adoption of automated expense reporting, real-time data tracking, and intelligent budgeting tools. By 2030, 50% of companies will be using AI-based systems to handle travel expenses, reducing fraud and cost overruns by 30%. With advanced analytics and predictive insights, AI will improve compliance, streamline workflows, and enhance employee satisfaction by offering faster reimbursements and greater visibility into spending patterns.

The Sustainable Aviation Fuel (SAF) mandates in the USA are set to increase airfares by 20% by 2030, driven by the rising costs of green fuel production and carbon-reduction targets. As the Biden administration accelerates SAF adoption through regulatory frameworks like the Clean Energy Standard, airlines are expected to invest heavily in SAF technology and infrastructure. While SAF will help decarbonize the aviation sector, the additional costs will result in higher airfares for consumers, estimated to rise by $15–$30 per ticket by 2030. However, regulatory incentives will reduce overall expenses for airlines, and fuel production technologies will gradually reduce costs.