The Europe Travel Risk Management Services Market would witness market growth of 7.9% CAGR during the forecast period (2023-2030).
The expansion of the travel risk management services market is closely tied to the evolving nature of travel and the dynamic landscape of risks travelers face. Providing up-to-date information on travel destinations, including safety and security alerts, political stability, health risks, and weather conditions, and offering services like travel tracking, emergency response, and 24/7 support to travelers in case of emergencies.
Providing insurance policies tailored to travelers' needs, covering medical emergencies, trip cancellations, and evacuations. Assisting organizations in developing and implementing crisis management plans, including communication strategies and response protocols. Offering health and medical support, including vaccination information, telemedicine services, and medical evacuation in case of illness or injury abroad. Utilizing mobile apps and software platforms provides travelers and organizations with real-time information and alerts. Offering training programs to help travelers and organizations understand and manage travel risks effectively.
Many pharmaceutical companies in the UK have global operations, with employees traveling to various countries for clinical trials, business meetings, and conferences. Travel risk management services provide comprehensive support for employees traveling to regions with different safety and health risks. The pharmaceutical industry in the UK relies on travel risk management services to navigate the complex landscape of global operations, regulatory compliance, health and safety concerns, and supply chain security. These services play an important role in ensuring the safety of employees, protecting valuable data, and maintaining the integrity of clinical trials and drug supply chains. Therefore, the region presents lucrative growth prospects for the market.
The Germany market dominated the Europe Travel Risk Management Services Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $10,289.2 million by 2030. The UK market is experiencing a CAGR of 7% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 8.7% during (2023 - 2030).
Based on Service Type, the market is segmented into Travel Security, Crisis Management, Data Security, Health Security, Assistance & Tracking and Others. Based on Enterprise Size, the market is segmented into Large Enterprises, Medium Enterprises and Small Enterprises. Based on Industry, the market is segmented into Agri, Food & Beverage, Pharmaceutical & Healthcare, Hospitality, Business Services & Consulting, IT, Technology & Telecom, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Travel Risk Management Services Market will Hit $188.9 Billion by 2030, at a CAGR of 8.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include FocusPoint International, Inc., BCD Group, Collinson International Limited, Tokio Marine Holdings, Inc., CWT Global B.V, Global Rescue LLC, Everbridge, Inc, Kroll, LLC, Chubb Limited, and Healix Group of companies.
Scope of the Study
Market Segments Covered in the Report:
By Service Type
- Travel Security
- Crisis Management
- Data Security
- Health Security
- Assistance & Tracking
- Others
By Enterprise Size
- Large Enterprises
- Medium Enterprises
- Small Enterprises
By Industry
- Agri, Food & Beverage
- Pharmaceutical & Healthcare
- Hospitality
- Business Services & Consulting
- IT, Technology & Telecom
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- FocusPoint International, Inc.
- BCD Group
- Collinson International Limited
- Tokio Marine Holdings, Inc.
- CWT Global B.V
- Global Rescue LLC
- Everbridge, Inc
- Kroll, LLC
- Chubb Limited
- Healix Group of companies
TABLE 1 Europe Travel Risk Management Services Market, 2019 - 2022, USD Million
TABLE 2 Europe Travel Risk Management Services Market, 2023 - 2030, USD Million
TABLE 3 Europe Travel Risk Management Services Market by Service Type, 2019 - 2022, USD Million
TABLE 4 Europe Travel Risk Management Services Market by Service Type, 2023 - 2030, USD Million
TABLE 5 Europe Travel Security Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Travel Security Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Crisis Management Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Crisis Management Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Data Security Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Data Security Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Health Security Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Health Security Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Assistance & Tracking Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Assistance & Tracking Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Travel Risk Management Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 18 Europe Travel Risk Management Services Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 19 Europe Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Medium Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Small Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Small Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Travel Risk Management Services Market by Industry, 2019 - 2022, USD Million
TABLE 26 Europe Travel Risk Management Services Market by Industry, 2023 - 2030, USD Million
TABLE 27 Europe Agri, Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Agri, Food & Beverage Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Pharmaceutical & Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Pharmaceutical & Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe Business Services & Consulting Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Business Services & Consulting Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe IT, Technology & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe IT, Technology & Telecom Market by Country, 2023 - 2030, USD Million
TABLE 37 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Travel Risk Management Services Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Travel Risk Management Services Market by Country, 2023 - 2030, USD Million
TABLE 41 Germany Travel Risk Management Services Market, 2019 - 2022, USD Million
TABLE 42 Germany Travel Risk Management Services Market, 2023 - 2030, USD Million
TABLE 43 Germany Travel Risk Management Services Market by Service Type, 2019 - 2022, USD Million
TABLE 44 Germany Travel Risk Management Services Market by Service Type, 2023 - 2030, USD Million
TABLE 45 Germany Travel Risk Management Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 46 Germany Travel Risk Management Services Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 47 Germany Travel Risk Management Services Market by Industry, 2019 - 2022, USD Million
TABLE 48 Germany Travel Risk Management Services Market by Industry, 2023 - 2030, USD Million
TABLE 49 UK Travel Risk Management Services Market, 2019 - 2022, USD Million
TABLE 50 UK Travel Risk Management Services Market, 2023 - 2030, USD Million
TABLE 51 UK Travel Risk Management Services Market by Service Type, 2019 - 2022, USD Million
TABLE 52 UK Travel Risk Management Services Market by Service Type, 2023 - 2030, USD Million
TABLE 53 UK Travel Risk Management Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 54 UK Travel Risk Management Services Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 55 UK Travel Risk Management Services Market by Industry, 2019 - 2022, USD Million
TABLE 56 UK Travel Risk Management Services Market by Industry, 2023 - 2030, USD Million
TABLE 57 France Travel Risk Management Services Market, 2019 - 2022, USD Million
TABLE 58 France Travel Risk Management Services Market, 2023 - 2030, USD Million
TABLE 59 France Travel Risk Management Services Market by Service Type, 2019 - 2022, USD Million
TABLE 60 France Travel Risk Management Services Market by Service Type, 2023 - 2030, USD Million
TABLE 61 France Travel Risk Management Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 62 France Travel Risk Management Services Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 63 France Travel Risk Management Services Market by Industry, 2019 - 2022, USD Million
TABLE 64 France Travel Risk Management Services Market by Industry, 2023 - 2030, USD Million
TABLE 65 Russia Travel Risk Management Services Market, 2019 - 2022, USD Million
TABLE 66 Russia Travel Risk Management Services Market, 2023 - 2030, USD Million
TABLE 67 Russia Travel Risk Management Services Market by Service Type, 2019 - 2022, USD Million
TABLE 68 Russia Travel Risk Management Services Market by Service Type, 2023 - 2030, USD Million
TABLE 69 Russia Travel Risk Management Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 70 Russia Travel Risk Management Services Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 71 Russia Travel Risk Management Services Market by Industry, 2019 - 2022, USD Million
TABLE 72 Russia Travel Risk Management Services Market by Industry, 2023 - 2030, USD Million
TABLE 73 Spain Travel Risk Management Services Market, 2019 - 2022, USD Million
TABLE 74 Spain Travel Risk Management Services Market, 2023 - 2030, USD Million
TABLE 75 Spain Travel Risk Management Services Market by Service Type, 2019 - 2022, USD Million
TABLE 76 Spain Travel Risk Management Services Market by Service Type, 2023 - 2030, USD Million
TABLE 77 Spain Travel Risk Management Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 78 Spain Travel Risk Management Services Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 79 Spain Travel Risk Management Services Market by Industry, 2019 - 2022, USD Million
TABLE 80 Spain Travel Risk Management Services Market by Industry, 2023 - 2030, USD Million
TABLE 81 Italy Travel Risk Management Services Market, 2019 - 2022, USD Million
TABLE 82 Italy Travel Risk Management Services Market, 2023 - 2030, USD Million
TABLE 83 Italy Travel Risk Management Services Market by Service Type, 2019 - 2022, USD Million
TABLE 84 Italy Travel Risk Management Services Market by Service Type, 2023 - 2030, USD Million
TABLE 85 Italy Travel Risk Management Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 86 Italy Travel Risk Management Services Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 87 Italy Travel Risk Management Services Market by Industry, 2019 - 2022, USD Million
TABLE 88 Italy Travel Risk Management Services Market by Industry, 2023 - 2030, USD Million
TABLE 89 Rest of Europe Travel Risk Management Services Market, 2019 - 2022, USD Million
TABLE 90 Rest of Europe Travel Risk Management Services Market, 2023 - 2030, USD Million
TABLE 91 Rest of Europe Travel Risk Management Services Market by Service Type, 2019 - 2022, USD Million
TABLE 92 Rest of Europe Travel Risk Management Services Market by Service Type, 2023 - 2030, USD Million
TABLE 93 Rest of Europe Travel Risk Management Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 94 Rest of Europe Travel Risk Management Services Market by Enterprise Size, 2023 - 2030, USD Million
TABLE 95 Rest of Europe Travel Risk Management Services Market by Industry, 2019 - 2022, USD Million
TABLE 96 Rest of Europe Travel Risk Management Services Market by Industry, 2023 - 2030, USD Million
TABLE 97 Key Information – FocusPoint International, Inc.
TABLE 98 Key Information – BCD Group
TABLE 99 Key Information – Collinson International Limited
TABLE 100 Key Information – Tokio Marine Holdings, Inc.
TABLE 101 Key Information – CWT Global B.V.
TABLE 102 Key Information – GLOBAL RESCUE LLC
TABLE 103 Key Information – Everbridge, Inc.
TABLE 104 Key Information – Kroll, LLC
TABLE 105 Key Information – Chubb Limited
TABLE 106 Key Information – Healix Group of Companies
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Travel Risk Management Services Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Travel Risk Management Services Market
FIG 4 Porter’s Five Forces Analysis - Travel Risk Management Services market
FIG 5 Europe Travel Risk Management Services Market share by Service Type, 2022
FIG 6 Europe Travel Risk Management Services Market share by Service Type, 2030
FIG 7 Europe Travel Risk Management Services Market by Service Type, 2019 - 2030, USD Million
FIG 8 Europe Travel Risk Management Services Market share by Enterprise Size, 2022
FIG 9 Europe Travel Risk Management Services Market share by Enterprise Size, 2030
FIG 10 Europe Travel Risk Management Services Market by Enterprise Size, 2019 - 2030, USD Million
FIG 11 Europe Travel Risk Management Services Market share by Industry, 2022
FIG 12 Europe Travel Risk Management Services Market share by Industry, 2030
FIG 13 Europe Travel Risk Management Services Market by Industry, 2019 - 2030, USD Million
FIG 14 Europe Travel Risk Management Services Market share by Country, 2022
FIG 15 Europe Travel Risk Management Services Market share by Country, 2030
FIG 16 Europe Travel Risk Management Services Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: FocusPoint International, Inc.
FIG 18 SWOT Analysis: FocusPoint International, Inc.
FIG 19 Recent strategies and developments: BCD Group
FIG 20 SWOT Analysis: BCD Group
FIG 21 SWOT Analysis: Collinson International Limited
FIG 22 Recent strategies and developments: Tokio Marine Holdings, Inc.
FIG 23 SWOT Analysis: Tokio Marine Holdings, Inc.
FIG 24 SWOT Analysis: CWT Global B.V
FIG 25 SWOT Analysis: Global Rescue LLC
FIG 26 SWOT Analysis: Everbridge, Inc.
FIG 27 SWOT Analysis: Kroll, LLC
FIG 28 SWOT Analysis: Chubb Limited
FIG 29 SWOT Analysis: Healix Group of companies