Travel Insurance Industry share, Forecast 2014 - 2022

•

3 recomendaciones•529 vistas

Growth in tourism is the prime factor that drives the travel insurance market. According to UNWTO, international tourist arrivals grew at a rate of 4.4% in 2015 to reach a total of 1,184 million, with North America witnessing the highest inbound travel. With the growing tourist traffic, increased incidences of loss of luggage, important documents, medical emergencies, and natural calamities are being registered. To mitigate the risk associated with such incidences,more number of travelers are opting for travel insurance. In addition, there are several countries, where travel insurance is mandatory for obtaining VISA. For instance, to visit countries, such as the U.S., France, Belgium, Luxembourg, Norway, Finland, and Poland among others, travel health insurance is a must. Read more details at: https://www.alliedmarketresearch.com/travel-insurance-market

Viajes

TRAVEL INSURANCE
MARKET
Opportunities and Forecasts,
2014 – 2021
Pages: 110
Published: 2016

• Travel Insurance Market Report, published by Allied Market Research, forecasts
that the global market is expected to garner $28,264 million by 2022, growing at
a CAGR of 8.5% during the period 2016- 2022.
• In 2015, Europe lead the travel insurance market, followed by Asia-Pacific.
Growth in the region has been supplemented by rise in number of senior citizen
travelers, and increase in business travel expenditure.
• Growth in tourism is the prime factor that drives the travel insurance market.
According to UNWTO, international tourist arrivals grew at a rate of 4.4% in 2015
to reach a total of 1,184 million, with North America witnessing the highest
inbound travel.
Read more at : https://www.alliedmarketresearch.com/travel-insurance-
market
TRAVEL INSURANCE MARKET
OVERVIEW

TRAVEL INSURANCE MARKET
Travelling internationally is becoming easy with the increased aging
population, growth in middle class, and improved infrastructure
combined with technological advances and propelled demand for travel
insurance. Low dependency ratio, rise in disposable income, more spare
time, and rise in aspirations gave rise to Gen S travelers. A notable
increase in the number of senior citizen travelers especially leisure
travelers would have remarkable impact on travel insurance industry
Bhawna Kohli

TRAVEL INSURANCE MARKET
KEY BENEFITS
• The study provides an in-depth analysis of the world travel insurance market
with current trends and future estimations to elucidate the imminent
investment pockets.
• The report provides a quantitative analysis from 2014 to 2022, which is
expected to enable the stakeholders to capitalize on prevailing market
opportunities.
• The report provides actual historical figures for 2014 and 2015 and provides
forecasts for 2016 to 2022, considering 2015 as base.
• Competitive intelligence highlights the business practices followed by
leading players across various regions.

• In 2015, Europe was the highest revenue-generating region, followed by
Asia-Pacific.
• Single trip travel insurance policies would continue to be the major
revenue generating segment throughout the analysis period.
• Family travelers occupied prominent share of the overall market revenue
in 2015 and would continue to lead the market over 2016-2022.
• Insurance intermediaries would be the highest- revenue generating
market segment throughout 2014-2022.
TRAVEL INSURANCE MARKET
KEY FINDINGS

EU POPULATION PARTICIPATING IN
TOURISM BY AGE GROUP

KEY PLAYERS IN INDUSTRY
• Berkshire Hathaway Specialty Insurance,
• Travelex Group,
• Tokio Marine HCC Medical Insurance Services Group,
• Aviva PLC,
• American Express Company,
• Travel Insured International.
Download free Sample Report :
https://www.alliedmarketresearch.com/request-free-sample/1610

Sales
North America 2nd Qtr 3rd Qtr 4th Qtr
TRAVEL INSURANCE MARKET
BY DISTRIBUTION CHANNEL
BY
DISTRIBUTION
CHANNEL
Insurance
Aggregator
Insurance
Intermediari
es
Insurance
Company
Bank
Insurance
Broker

MARKET SEGMENT BY BY
INSURANCE COVER
BY
INSURANCE
COVER
Single Trip
Travel
Insurance
Annual
Multi-trip
Travel
Insurance
Long-Stay
Travel
Insurance

Follow Us On
Thank You!
For More Details
Visit us at
https://www.alliedmarketresearch.com/travel-
insurance-market

Más contenido relacionado

Más de Allied Market Research

Wireless charging market Future Analysis 2025

Allied Market Research

The leading players have adopted competitive strategies such as acquisition, product launch and agreement in order to strengthen their market presence. For instance, in 2015, Sailpoint Technologies, Inc. acquired Whitebox Security, which would help the company to manage unstructured data. In 2014, IBM acquired two IAM firms, Lighthouse Security Group and CrossIdeas to expand and enhance its identity and access management (IAM) offerings.

Cloud identity access management market

Allied Market Research

Roofing Market PPT

Allied Market Research

Bio-Alcohols Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $11,574 million by 2022, registering a CAGR of 8.6% during the period 2014-2022. Bioethanol is the largest segment by type and is expected to grow at a CAGR of 7.6% during the forecast period, in terms of revenue. Factors that drive the growth of the bio-alcohols market are, the demand for greener fuel coupled with providing long-term energy security to supply energy in line with economic developments and sustainable environmental needs. Volatility in crude oil prices is also expected to provide significant growth opportunities to the bio-alcohol industry players. Read more details about report at: https://www.alliedmarketresearch.com/bioalcohol-market

Global Bio-alcohols Market Size, Growth & Forecast 2014-2022

Allied Market Research

E-Waste Management Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $49.4 billion by 2020, registering a CAGR of 23.5% during the period 2014 - 2020.The ever-growing need for adapting the latest technology is the prime factor for a large volume of E-Waste generated across the globe. The Asia Pacific region contributes to the largest revenue share in the global E-Waste management market, followed by European countries. Analysis of the market indicates that the global volume of E-waste accounted for 57.7 million tons in 2013.

E-Waste Management Market is Expected to Reach $49.4 Billion, Globally, by 2020

Allied Market Research

Windows and doors market ppt

Allied Market Research

3D Printing Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $8.6 billion by 2020, registering a CAGR of 21% during the period 2015-2020. This surge in growth is primarily attributed to the rising demand for faster and efficient ways to manufacture complex design objects using a wide array of materials. Get Sample of this report : https://goo.gl/kTpMki

3D Printing Market : Pin-Point Analysis of Industry Trends & Recent Technolog...

Allied Market Research

Sensor Market to Reach $241 Billion, Globally by 2022

Allied Market Research

Power Electronics Market To Have Steady Growth of $25 Billion by 2022

Allied Market Research

The Global Location-Based Services Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $61,897 million by 2022, registering a CAGR of 26.6% from 2016 to 2022. In 2015,Mapping and navigation application dominated the global location-based services market, in terms of revenue. North America is expected to be the leading revenue contributor during the forecast period.

Location Based Services Market Expected to Reach $61,897 Million by 2022, Glo...

Allied Market Research

What will be the Market Value of "Aquaculture Market" in Next Few Years?

Allied Market Research

India Automotive Lighting Market to Reach $3.1 Billion, by 2022

Allied Market Research

Power Electronics Market to Reach $25 Billion, Globally by 2022

Allied Market Research

Food Intolerance Products Market By Type (Diabetic Food, Gluten-free Food, La...

Allied Market Research

In-Car Infotainment Market is Expected to Reach $33.8 Billion, Globally by 2022

Allied Market Research

According to a new report published by Allied Market Research, titled, Thin Film Semiconductor Deposition Market- Global Opportunity Analysis and Industry Forecast, 2014 - 2022", the global thin film semiconductor deposition market is expected to garner $22 billion by 2022, growing at a CAGR of 14% from 2016 to 2022. Thin films are extensively used in applications such as DRAM, solar panels, and flexible OLED & AMOLED displays. Moreover, increase in demand for efficiency and circuit miniaturization has supplemented the growth of TFS deposition market. Thin film deposition technology is bifurcated into three types that include, chemical vapor deposition (CVD), physical vapor deposition (PVD), and others. Among all, CVD technology holds a significant revenue share in the world TFS deposition market, owing to its low manufacturing cost, comparatively easier manufacturing process, and extensive use in fastest growing photovoltaic technology. In addition, CVD technology is expected to witness the fastest growth during the forecast period, with a CAGR of 14.7%. The growth would be driven by increase in demand of microelectronic components, electronic devices, and its expanding usage in sensors for smartphones which are growing rapidly across the globe.

Thin Film Semiconductor Deposition Market to Reach $22 Billion, Globally, by ...

Allied Market Research

A new report published by Allied Market Research, titled, Light Fidelity (Li-Fi)/Visible Light Communication Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022, suggests that the global Li-Fi market is expected to reach $115 billion by 2022, growing at a CAGR of 116.8% from 2016 to 2022. In 2015, North America contributed major share in the market and will continue to lead throughout the forecast period. Light Fidelity (Li-Fi) is a very high speed, two-way wireless communication method which uses visible light from LEDs as the medium for transmitting the data by turning them on and off at very high frequency which human eyes cannot sense. This technology is an apt replacement for currently prevailing Wi-Fi technology as Li-Fi is considerably faster, has almost 10,000 times broader bandwidth because it uses visible light, and it is safe to operate in electromagnetic sensitive areas

Light Fidelity (Li-Fi)/Visible Light Communication Market to Reach $115 Billi...

Allied Market Research

The world stents market would reach $16,666 million by 2022. A stent is a tube like implant that is implanted into the lumen of any blood vessel or a duct in order to keep the passage open. Varieties of stents for different clinical conditions are available in the market. A stent implant is most commonly used for the treatment of cardiac abnormalities such as blocked blood vessels. In addition, stents are implanted in the esophagus to allow the passage of food and beverages in patients suffering from esophageal cancer. Read here at: https://www.alliedmarketresearch.com/stents-market

Stent Market Size & Share | Industry Forecast 2022

Allied Market Research

The global defibrillators market would reach $15,610 million by 2022. Defibrillators are devices used to deliver therapeutic shock to a patient’s heart in life-threatening conditions such as ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. The defibrillation procedure encompasses delivery of an electric shock to the heart, which depolarizes heart muscles and restores its normal electric impulse. Growing focus towards public access defibrillator (PAD) by the public & private organizations has fueled the market growth. read more at: https://www.alliedmarketresearch.com/defibrillator-market

Defibrillator Market Size & Analysis 2022

Allied Market Research

Omega-3 market is expected to reach $6,955 million by 2022, with a CAGR of 14.9% from 2016 to 2022. Docosahexaenoic acid segment (DHA) dominated with three-fourths market share, in terms of revenue, in 2015. Dietary supplement application accounted for three-fifths of the global omega-3 market share, in terms of volume, in 2015 and is anticipated to grow at a CAGR of 14.1%. Read more about this research at : https://www.alliedmarketresearch.com/omega-3-market

Omega 3 Market Size & Latest Industry Trends

Allied Market Research

Más de Allied Market Research (20)