Visa Outsourcing Services Research: the global market will expand from $2.97 billion in 2024 to $5.17 billion by 2031

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Visa Outsourcing Services- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Visa Outsourcing Services was estimated to be worth US$ 2974 million in 2024 and is forecast to a readjusted size of US$ 5485 million by 2031 with a CAGR of 9.3% during the forecast period 2025-2031.

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Visa Outsourcing Services Market Summary

Visa Service is a service where a service agency applies to a country's government for permission to enter, exit or transit the country at the request of an applicant, eliminating much of the paperwork required by an applicant to visit a country. Visa Service includes short-term business, work, study and tourism in some countries and other types of visas for applicants.

In recent years, many governments have outsourced their visa processing to external partners. This has helped them to manage the increasing demand for visas in the age of booming international travel. Visa outsourcing can also benefit travellers, reducing processing times and improving customer service. In this report, we counted the visa outsourcing service.

Market Impact and Recovery Trajectory

The COVID-19 pandemic caused severe disruptions to the global visa outsourcing service market from 2020 onward, with travel restrictions, consular closures, and reduced mobility demand leading to unprecedented declines. Industry data from UNWTO, IATA, and the World Economic Forum confirms that while 2021-2022 saw gradual recovery in air passenger volumes, visa processing activity remained below 2019 levels during this transitional period.

Current Market Status and Projections

As of 2023-2024, the market has entered a stable recovery phase, with analysts projecting a full return to pre-pandemic processing volumes by 2025. The sector is now demonstrating renewed growth, driven by pent-up travel demand and the resumption of business/leisure mobility. Our research indicates the global market will expand from $2.97 billion in 2024 to $5.17 billion by 2031, reflecting a robust 7.89% CAGR.

Competitive Landscape and Regional Dynamics

VFS Global dominates the sector with >50% market share, competing primarily with TLScontact, CGI, GDIT, and BLS International. Regionally, North America leads (35.34% share in 2024), followed by Europe and Asia-Pacific - the latter poised for fastest growth. The Middle East/Africa remains strategically important, contributing 34% of VFS's revenue. Family visa applications constitute the largest segment (51.41% share), with this category expected to maintain dominance through 2031.

Industry Outlook

The market's recovery has transitioned from rebound to sustainable growth, supported by digital transformation in visa processing and stabilized global travel patterns. While regional variations persist, the sector's 2025 normalization reflects its critical role in enabling cross-border mobility amid evolving geopolitical and economic conditions.

Figure00001. Global Visa Outsourcing Services Market Size (US$ Million), 2024 vs 2031

Visa Outsourcing Services

Above data is based on report from QYResearch: Global Visa Outsourcing Services Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.

According to the new market research report "Global Visa Outsourcing Services Market Report 2025-2031", published by QYResearch, the global Visa Outsourcing Services market size is projected to reach USD 4.81 billion by 2031, at a CAGR of 7.9% during the forecast period.

Figure00002. Global Visa Outsourcing Services Top 9 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Visa Outsourcing Services

Above data is based on report from QYResearch: Global Visa Outsourcing Services Market Report 2025-2031 (published in 2025). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Visa Outsourcing Services include VFS, CGI, TLScontact, GDIT, BLS, etc. In 2024, the global top five players had a share approximately 93.0% in terms of revenue.

Figure00003. Visa Outsourcing Services, Global Market Size, Split by Product Segment

Visa Outsourcing Services

Based on or includes research from QYResearch: Global Visa Outsourcing Services Market Report 2025-2031.

In terms of product type, currently Tourist Visa is the largest segment, hold a share of 81.2%.

In terms of product application, currently family is the largest segment, hold a share of 51.41%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Visa Outsourcing Services market is segmented as below:
By Company
VFS Global
CGI
GDIT
TLScontact
BLS International
CIBT
OIS
AlmavivA
Anatolia Travel Services

Segment by Type
Tourist Visa
Business Visa
Working Visa
Study Visa
Others

Segment by Application
Personal
Family
Enterprise

Each chapter of the report provides detailed information for readers to further understand the Visa Outsourcing Services market:

Chapter 1: Introduces the report scope of the Visa Outsourcing Services report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Visa Outsourcing Services manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Visa Outsourcing Services market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Visa Outsourcing Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Visa Outsourcing Services in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Visa Outsourcing Services competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Visa Outsourcing Services comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Visa Outsourcing Services market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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