Travel Risk Management Services Market Surveys, Opportunity, Growth and Forecast by End-use Industry 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
· Trip Authorization
· Essential Tracking and Alerts
· Interactive Communications
· High Risk Tracking and Response
· Advisory Services
By End User
· Medium size enterprises
· Large Enterprises
By Region
· North America
· Europe
· Asia Pacific
· Middle East and Africa
· Latin America
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