Tourism Security Market Report, Size, Share, Growth, Trends, Industry Forecast to 2033

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The new report published by The Business Research Company, titled Tourism Security Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the tourism security market size has grown strongly in recent years. It will grow from $4.48 billion in 2023 to $4.9 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The tourism security market size is expected to see strong growth in the next few years. It will grow to $7.02 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%.

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What Is Driving The Growth Of The Global Tourism Security Market?

Rising Global Travel Trends And Their Impact On The Growth Of The Tourism Security Market
The growing number of people traveling across the world is expected to propel the growth of the tourism security market going forward. The number of travelers is rising due to increased globalization, improved transportation options, and growing disposable incomes, which facilitate easier and more affordable travel opportunities. Tourism security is required for travelers to ensure their safety, protect their belongings, and provide assistance during emergencies or crises while they are away from home. For instance, in May 2023, according to the report published by the Office for National Statistics, a UK-based non-ministerial department, the UK saw 31.2 million visits in 2022, which was an increase of 24.9 million visits compared to 2021. Additionally, UK residents' trips abroad rose from 51.8 million in 2021 to 71.0 million in 2022. Therefore, the growing number of people traveling across the world is driving the growth of the tourism security market.

What Is The Key Trend In The Global Tourism Security Market?

Technologically Advanced Solutions In Tourism Security
Major companies operating in the tourism security market are developing technologically advanced solutions, such as platforms as a service, to offer a scalable, flexible, and cost-effective solution for deploying and managing security applications. Platform as a Service (PaaS) is a cloud computing model that offers developers a comprehensive platform with the necessary hardware and software tools to build, deploy, and manage applications, eliminating the need to handle the underlying infrastructure complexities. For instance, in January 2023, Battleface Insurance Company, a US-based travel insurance company, launched Robin Assist. Robin Assist is a global API-driven InsurTech platform designed for insurance carriers, brokers, MGAs, and self-insured enterprises, offering comprehensive travel insurance solutions with features such as 24/7 customer support, emergency medical assistance, and efficient claims processing. It also provides medical case management, access to global medical networks, cost containment, and immediate payments in over 140 currencies. Born from a need for tech-driven solutions in emergency travel and medical assistance, Robin Assist continues to deliver high-quality service, enhancing travel insurance brands worldwide.

How Is The Global Tourism Security Market Segmented?
The tourism security market covered in this report is segmented -

1) By Safety Issues: Tourism And Security Issues, Tourism And Crime Issues, Tourism Crisis Management Issues
2) By Technology: Video Surveillance, Access Control, Biometrics, IoT And Sensors, Cybersecurity Software
3) By Booking Channel: Phone Booking, Online Booking, In Person Booking
4) By Tourist Type: Domestic, International
5) By End-User: Airports, Hotels And Accommodations, Tourist Attractions, Transportation

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How Is The Competitive Landscape Of The Global Tourism Security Market?
Major companies operating in the tourism security market are IBM Corp., Honeywell International, Johnson Controls, NEC Corporation, Allied Universal, G4S Plc, Securitas AB, Transguard Group, Bureau Veritas, Serco Group Plc, Prosegur, Brink's Global Services, Paladin Security Group Ltd., International SOS Ltd., Axis Communications, Kroll LLC, Verint Systems, Control Risks LLC, Smiths Detection, Pinkerton Consulting & Investigations Inc., Andrews International, MEDEX Global Solutions, Global Elite Group, CPS Security

Contents Of The Global Tourism Security Market
1. Executive Summary
2. Tourism Security Market Report Structure
3. Tourism Security Market Trends And Strategies
4. Tourism Security Market - Macro Economic Scenario
5. Tourism Security Market Size And Growth
…..
27. Tourism Security Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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