Travel Insurance Market to be Worth $63.9 Billion by 2030: Grand View Research, Inc.

Read 100-page full market research report, "Travel Insurance Market Size, Share & Trends Analysis Report By Insurance Coverage (Single-trip Travel Insurance, Annual Multi-trip Travel Insurance), By Distribution Channel, By End-use, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research. Read 100-page full market research report, " Travel Insurance Market Size, Share & Trends Analysis Report By Insurance Coverage (Single-trip Travel Insurance, Annual Multi-trip...

SAN FRANCISCO, 28/09/2022 (informazione.it - comunicati stampa - turismo)

The increasing adoption of various technological advancements, such as AI-based applications, the usage of Big Data, and Blockchain, is expected to create growth opportunities for travel providers in the global market. Moreover, the travel insurance market is witnessing a rise in popularity owing to benefits such as COVID-19 medical coverage, and 24/7 emergency services.

Many industries across the world were severely impacted due to the COVID-19 pandemic. However, the travel insurance market experienced significant growth owing to a surge in the demand for travel insurance services and products post-pandemic. The pandemic has accelerated the need for travel insurance among the general population, resulting in the creation of various open-source data portals and dashboards to inform citizens about the number of coverage included in travel insurance, the number of active cases, and infection rate, and recovery rate.

Grand View Research has segmented the global travel insurance market based on insurance coverage, distribution channel, end-users, and region:

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Sherry James
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Grand View Research, Inc.
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