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Travel Insurance Market Poised to Hit $124.8 billion Forecast by 2031 | American International Group, Inc., Assicurazioni Generali S.P.A.

03-29-2023 04:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Travel Insurance Market Poised to Hit $124.8 billion Forecast

Allied Market Research published a new report, titled," Travel Insurance Market by Insurance Cover (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, Long-Stay Travel Insurance), by Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, Insurance Aggregators), by End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, Others), by Age Group (1-17 Years Old, 18-30 Years Old, 31-49 Years Old, Above 50): Global Opportunity Analysis and Industry Forecast, 2021-2031." The research offers a thorough analysis of important segments, competitive environment, main investment pockets, drivers and prospects, and investment viability.

The global travel insurance market was valued at $14.2 billion in 2021, and is projected to reach $124.8 billion by 2031, growing at a CAGR of 24.7% from 2022 to 2031.

At the same time, restraining factors that are expected to obstruct or hold the growth of the industry are also presented by our expert analysts in order to provide the key market players with a detailed scenario of future threats in advance. Furthermore, the report provides a quantitative and qualitative analysis of the market and outlines the pain point analysis, value chain analysis, and key regulations.

To Get a Sample Copy of this Strategic Report (Use Corporate Mail ID for Top Priority)@ https://www.alliedmarketresearch.com/request-sample/1610

The worldwide Travel Insurance marketplace record gives a complete observation of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study covers a SWOT analysis that aids in recognizing the restraining and driving factors in the market. Furthermore, the report outlines market segmentation and growth analysis of the top 10 market players that are currently active in the industry. The drivers and opportunities help in grasping the dynamic market trends and how market players can leverage such trends.

A comprehensive analysis of each segment and sub-segment is provided in the research. In addition, the tabular and graphical representation of each segment and sub-segment will assist Travel Insurance market players in understanding the largest revenue-generating segments and driving factors thoroughly. This analysis is valuable in identifying the fastest-growing segments as well as strategizing to gain long-term growth.

Leading market players in the global Travel Insurance Market include:

American International Group, Inc., Assicurazioni Generali S.P.A., Aviva, AXA, Zurich, Just Travel Cover, PassportCard, Trailfinders Ltd., Staysure, and Insurefor.com.

Inquiry Before Buying@ https://www.alliedmarketresearch.com/purchase-enquiry/1610

Key Market Segments:

Insurance Cover

•  Single-Trip Travel Insurance
•  Annual Multi-Trip Travel Insurance
•  Long-Stay Travel Insurance

Distribution Channel

•  Insurance Intermediaries
•  Insurance Companies
•  Banks
•  Insurance Brokers
•  Insurance Aggregators

End User

•  Senior Citizens
•  Education Travelers
•  Business Travelers
•  Family Travelers
•  Others

Age Group

•  1-17 Years Old
•  18-30 Years Old
•  31-49 Years Old
•  Above 50

By Region:

1) North America- (U.S., Canada, Mexico)

2) Europe- (Germany, UK, France, Spain, Italy, Rest of Europe)

3) Asia-Pacific- (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)

4) LAMEA- (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

The Covid-19 outbreak has had a significant effect on the world. Some sectors thrived during the pandemic while some faced tremendous losses. As per the restrictions and guidelines issued by World Health Organization (WHO), the majority of the manufacturing and production facilities were closed or working at low potential. Moreover, the prolonged lockdown created challenges in the procurement of raw materials. These factors create a huge gap in supply and demand and disrupted the supply chain. However, as the world is recovering from the pandemic, the Travel Insurance market is expected to get back on track.

If you have any special requirements, please let us know@ https://www.alliedmarketresearch.com/request-for-customization/1610

We assist our clients with acquiring an upper hand in a market space by offering counseling administrations that incorporate however are not restricted to:

• Talent and engagement consulting services.

•  Market expansion and vertical tagging.

•  3 Business process and transformation consulting services.

•  Governance, risk, fraud, and compliance consulting.

•  Business and transformation consulting.

•  Customer acquisition and synergy planning.

•  Digital business strategy.

•  Strategic advisory and operational excellence consulting services.

Benefits of Purchasing Travel Insurance Market Reports:

• Customer Satisfaction: Our team of experts assists you with all your research needs and optimizes your reports.

• Analyst Support: Before or after purchasing the report, ask a professional analyst to address your questions.

• Assured Quality: Focuses on the accuracy and quality of reports.

• Incomparable Skills: Analysts provide in-depth insights into reports.

Want to Access the Statistical Data and Graphs, Key Players' Strategies@ https://www.alliedmarketresearch.com/travel-insurance-marketmarket/purchase-options

More Reports in BFSI Industry:

Claims Processing Software Market https://www.alliedmarketresearch.com/claims-processing-software-market-A06934
Financial Planning Software Market https://www.alliedmarketresearch.com/financial-planning-software-market-A16422
Liability Insurance Market https://www.alliedmarketresearch.com/liability-insurance-market-A15352
Parametric Insurance Market https://www.alliedmarketresearch.com/parametric-insurance-market-A14966
Europe Open Banking Market https://www.alliedmarketresearch.com/europe-open-banking-market-A16019

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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