Latest Industry News: Global Travel Risk Management Services Market Research Report 2021-2030

According to a comprehensive research report by Absolute Markets Insights, “Global Travel Risk Management Services Market” projected to grow at a CAGR of 9.1% during the period of assessment, 2021-2030 and global Travel Risk Management Services market is estimated to reach a market valuation of US$ 1,389.13+ Mn by the end of 2030. This informative data has been scrutinized by using effective exploratory techniques such as primary and secondary research methodologies. Different dynamic factors of the businesses have been elaborated to get a complete and detailed description of changing variables.

Different models have been studied by analysts, which helps to identify the risks and challenges in front of the businesses. Apart from this, it offers applicable data of various key segments and sub-segments of the Travel Risk Management Services Market.

The key market players profiled in the report include BCD Travel, Collinson Group Ltd, Control Risks, Drum Cassac, FocusPoint International, Inc., GBT Travel Services UK Limited, Healix, Carlson Wagonlit Travel Inc., iJET International, Inc., Kroll Inc, Millbank Solutions, NC4, Anvil Group, and Ovation Travel Group

Browse In-depth Market Research Report on Travel Risk Management Services Industry: https://www.absolutemarketsinsights.com/reports/Travel-Risk-Management-Services-Market-2019-2027-403

Travel risk management companies caters services to large and medium size enterprises in which large enterprises held the major share in 2018 and is estimated to grows at a CAGR of 8.7% over the forecast period. Corporate travel management program supports employees in organizing trips which includes security measures, data protection, guidelines for better hotels and airlines, timeframe for bookings and covers different aspects of the travel process. Owing to the benefits offered by travel management programs, companies are increasingly adopting travel management programs containing travel risk management. For instance, Mahindra and Mahindra collaborated with the International SOS to extend support to its expatriates and travelers on the needs of business travel, medical and security issues. Travel risk management service provider companies cover crisis management, medical support, security assistance, and other emergencies. In terms of regional bifurcation, travel risk management services market is growing rapidly in North America, which held a major share of 36.5% in 2018. Adoption of customer interface software amongst U.S. consumers along with an established travel industry in the U.S., is contributing for the highest share in the North America region.

Segmentation of Market covered in the research

By Services