As per Maximize Market research, a global business research and consultancy firm, the total global market for Travel Insurance Market dynamics, structure by analyzing the market segments and projects the Market size.
The 34 countries that are supposed to be desirable travel destinations for industry stakeholders are covered by the report. The important players chosen for benchmarking and profiling are chosen based on their probable investment criteria, regional dominance, and global reach. The supply-side contribution of each local, regional, and international actor to the overall market has been taken into account.
Travel Insurance Market size was valued at USD 18.50 Bn. in 2021 and the total Travel Insurance revenue is expected to grow by 16 % from 2022 to 2029, reaching nearly USD 21 Bn.
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗛𝗲𝗿𝗲 𝗙𝗼𝗿 𝗧𝗵𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗢𝗳 𝗧𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 : https://www.maximizemarketresearch.com/request-sample/16133
Travel Insurance Market Segment :
Single-trip travel insurance, annual multi-trip travel insurance, and long-stay travel insurance are the three categories into which the market is split based on insurance coverage. With a market share of 60.1%, the single-trip travel insurance segment currently dominates the industry and is projected to expand at the fastest CAGR of 16.0% over the next five years. The market is divided based on distribution channels into insurance intermediaries, insurance companies, banks, insurance brokers, and insurance aggregators. With 34.8% of total revenue in 2021, the insurance companies segment dominated the market, and it is anticipated that it will continue to do so throughout the forecast period.
- Global Travel Insurance Market: Research Methodology
- Global Travel Insurance Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Travel Insurance Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Travel Insurance Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Travel Insurance Market Segmentation
- Global Travel Insurance Market, by Insurance Coverage (2021-2029)
- Global Travel Insurance Market, by Distribution Channel (2021-2029)
- Global Travel Insurance Market, by Application (2021-2029)
- Regional Travel Insurance Market(2021-2029)
- Regional Travel Insurance Market, by Insurance Coverage (2021-2029)
- Regional Travel Insurance Market, by Distribution Channel (2021-2029)
- Regional Travel Insurance Market, by Application (2021-2029)
- Regional Travel Insurance Market, by End-Users (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Regional Analysis:
On the basis of geography, the Travel Insurance market is segmented into 5 main regions and they are- North America, Europe, Asia Pacific, the Middle East, Africa, and South America respectively.
Travel Insurance Market Key players:
• Insure & Go Insurance Services Limited
• Seven Corners Inc.
• Travel Insured International
• Zurich
• Delphi Financial Group, Inc.
• Ping An Insurance (Group) Company of China, Ltd.
• Allianz Group
• Munchener-Ruck-Gruppe
• Talanx Konzern
• R+V Konzern
• Generali Deutschland AG
• AXA Konzern AG
• Bayern
• Huk-Coburg
• Signal Iduna
• Travelex Insurance Services Inc.
• Berkshire Hathaway Travel Protection
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