Latest Market Research Report 2025

  Travel Insurance Market Growth & Trends The global  travel insurance market  is projected to experience substantial growth, with its size expected to reach USD 63.87 billion by 2030, expanding at a compound annual growth rate (CAGR) of 15.4% from 2025 to 2030, according to a detailed analysis by Grand View Research, Inc. This robust growth is largely driven by an increasing demand for travel insurance, propelled by the rapid expansion of the tourism industry. Key factors contributing to this surge include the convenience of online travel bookings, the extensive media coverage promoting various types of holidays, a rise in disposable income among consumers, and the increasing popularity of packaged holiday deals.   The integration of advanced technologies, such as AI-driven applications, the application of Big Data, and the growing use of Blockchain in the travel industry, are further expected to create new opportunities for travel providers. These technological...

  Travel Insurance Industry Overview The global travel insurance market size was valued at USD 17.8 billion in 2021 and is expected to grow at a CAGR of 15.4% from 2022 to 2030. Factors such as the rising demand for tourism and technological development are driving the demand for the travel insurance market. Additionally, the increasing travel laws and regulations by the government for travelers and travel insurance providers are fueling the demand for travel insurance worldwide. Gather more insights about the market drivers, restrains and growth of the   Travel Insurance Market The outbreak of coronavirus had an adverse impact on the travel insurance market. In 2020, the pandemic had a significant impact on the worldwide travel and transportation sector, resulting in a travel disruption. On the other hand, the travel insurance market experienced growth due to the increased demand for travel protection and medical insurance while traveling during the post-pandemic. In May 2020...