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The travel insurance market size is estimated to grow by USD 12.07 billion at a CAGR of 10.24% between 2023 and 2028. The market is experiencing significant expansion, driven by several key factors. Firstly, the increase in tourism and business travel has led to an increased demand for risk mitigation solutions. Secondly, technological advancements have facilitated the digitalization of insurance processes, making it more convenient for customers to purchase and manage their policies. Lastly, the recognition of travel insurance as an essential component of comprehensive travel planning has fueled its growing popularity. Hence, to cater to this, companies offer specialized policies that reduce the risks associated with travel, such as weather delays, mechanical delays, and medical emergencies. As a result, market growth is anticipated to continue, with a focus on innovation, customer experience, and regulatory compliance.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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