Business

Corporate Travel Security Market is projected to reach a market value of ~14.7 Bn by the end of 2027

Corporate Travel Security Market is projected to reach a market value of ~14.7 Bn by the end of 2027 Growing at CAGR of 4% During the Forecast Period.

Significant rise in the number of business travelers and women business travelers, advancements in technology, and more companies realizing their legal responsibilities are some of the leading factors that are expected to drive the corporate travel security market. While large-scale companies with a strong global presence have already established corporate travel security programs, small and medium-sized companies are likely to pay more attention to travel security in the coming years.

Global Corporate Travel Security Market Report highlights the critical growth factors, opportunities, and market segment including top competitors. The study provides a comprehensive market analysis as well as growth rates for the predicted period. The  Corporate Travel Security market Report effectively outlines the market value, volume, price trend, and development potential with a brief study.

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Key Players covered in this report are – International SOS, Control Risks Group Holdings Ltd, GardaWorld Corporation, Europ Assistance, Global Rescue, Global Guardian, MAX-Security, and CEGA Group

Further, in-depth global Corporate Travel Security Market taxonomy presented in this Report offers detailed insights about each of the market segments and their sub-segments, which can be categorized based on par various parameters. An exhaustive regional evaluation of international Corporate Travel Security Market breaks down international market landscape into key geographies

Based on Type, the market primarily split into-

  • On-call Emergency Response Service
  • Evacuation Service
  • Medical Repatriation
  • 24 Hours Medical Helpline
  • Other

Based on Applicationsthe market primarily split into-  

  • IT/ITES & Media Journalism
  • Healthcare
  • Aerospace
  • Consumer & Retail
  • Other

Geographically, the report includes the research on production, consumption, revenue, Corporate Travel Security market share and growth rate, and forecast (2019-2027) of the following regions:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
  • Asia Pacific (China, Japan, India, Southeast Asia and Australia)
  • Latin America (Brazil, Argentina and Colombia)
  • Middle East and Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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NOTE: Covid-19 has had a major impact on the world economy in addition to that on the public health. This particular pandemic had caused severe economic destruction and not a single country has been left unaffected. The virus has forced businesses around the globe to change the way they operate. This report gives an analysis of the Covid-19 aftermath on Corporate Travel Security market.

Key Questions Answered in the Report are:

  • How will the global Corporate Travel Security market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global Corporate Travel Security market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global Corporate Travel Security market?
  • How will these strategies influence the market growth and competition?

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