Global Travel Insurance Market 2021-2025
Researcher has been monitoring the travel insurance market and it is poised to grow by $ 12.61 bn during 2021-2025, progressing at a CAGR of almost 9% during the forecast period. Our report on travel insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing tourism and business travels and new technological developments. In addition, growing tourism and business travels is anticipated to boost the growth of the market as well.
The travel insurance market analysis includes end-user segment and geographical landscapes.
Researcher's travel insurance market is segmented as below:
By End User
• senior citizens
• business travel
• family travel
• others
By Geographical Landscapes
• North America
• Europe
• APAC
• MEA
• South America
This study identifies the growing demand for travel insurance as one of the prime reasons driving the travel insurance market growth during the next few years.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on travel insurance market covers the following areas:
• Travel insurance market sizing
• Travel insurance market forecast
• Travel insurance market industry analysis
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading travel insurance market vendors that include Allianz Group, American Express Co., American International Group Inc., AXA Group, Insure and Go Insurance Services Limited, MH Ross, Seven Corners Inc., Travel Insured International, USI Insurance Services, and Zurich Insurance Co. Ltd. Also, the travel insurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Researcher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.