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Global Business Travel Insurance Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 213
  • CATEGORY
  • Banking & Finance
The competitive landscape analysis of Business Travel Insurance Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Business Travel Insurance Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
Global Business Travel Insurance Market: Top Key Players
Allianz
AIG
Zurich
Genarali
AXA Group
PICC
Tokio Marine
Sompo Japan
Chubb
MetLife
Mapfre Asistencia
Hanse Merkur
Pin An
Business Travel Insurance Breakdown Data by Type
Single Trip Coverage
Annual Multi Trip Coverage
Other
The segment of single trip coverage holds a comparatively larger share in global market, which accounts for about 69.7%.
Business Travel Insurance Breakdown Data by Application
Insurance Intermediaries
Insurance Company
Bank
Insurance Broker
Other
The insurance intermediaries hold an important share in terms of applications, and accounts for 50% of the market share.


Global Business Travel Insurance Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase Business Travel Insurance Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Business Travel Insurance Revenue
1.4 Market Analysis by Type
1.4.1 Global Business Travel Insurance Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Single Trip Coverage
1.4.3 Annual Multi Trip Coverage
1.4.4 Other
1.5 Market by Application
1.5.1 Global Business Travel Insurance Market Share by Application: 2022 VS 2030
1.5.2 Insurance Intermediaries
1.5.3 Insurance Company
1.5.4 Bank
1.5.5 Insurance Broker
1.5.6 Other
1.6 Coronavirus Disease 2019 (Covid-19): Business Travel Insurance Industry Impact
1.6.1 How the Covid-19 is Affecting the Business Travel Insurance Industry
1.6.1.1 Business Travel Insurance Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Business Travel Insurance Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Business Travel Insurance Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 Business Travel Insurance Market Perspective (2016-2030)
2.2 Business Travel Insurance Growth Trends by Regions
2.2.1 Business Travel Insurance Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Business Travel Insurance Historic Market Share by Regions (2016-2021)
2.2.3 Business Travel Insurance Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Business Travel Insurance Market Growth Strategy
2.3.6 Primary Interviews with Key Business Travel Insurance Players (Opinion Leaders)

3 Competition Landscape by Key Players
3.1 Global Top Business Travel Insurance Players by Market Size
3.1.1 Global Top Business Travel Insurance Players by Revenue (2016-2021)
3.1.2 Global Business Travel Insurance Revenue Market Share by Players (2016-2021)
3.1.3 Global Business Travel Insurance Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Business Travel Insurance Market Concentration Ratio
3.2.1 Global Business Travel Insurance Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Business Travel Insurance Revenue in 2021
3.3 Business Travel Insurance Key Players Head office and Area Served
3.4 Key Players Business Travel Insurance Product Solution and Service
3.5 Date of Enter into Business Travel Insurance Market
3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2030)
4.1 Global Business Travel Insurance Historic Market Size by Type (2016-2021)
4.2 Global Business Travel Insurance Forecasted Market Size by Type (2022-2030)

5 Business Travel Insurance Breakdown Data by Application (2016-2030)
5.1 Global Business Travel Insurance Market Size by Application (2016-2021)
5.2 Global Business Travel Insurance Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America Business Travel Insurance Market Size (2016-2021)
6.2 Business Travel Insurance Key Players in North America (2016-2021)
6.3 North America Business Travel Insurance Market Size by Type (2016-2021)
6.4 North America Business Travel Insurance Market Size by Application (2016-2021)

7 Europe
7.1 Europe Business Travel Insurance Market Size (2016-2021)
7.2 Business Travel Insurance Key Players in Europe (2016-2021)
7.3 Europe Business Travel Insurance Market Size by Type (2016-2021)
7.4 Europe Business Travel Insurance Market Size by Application (2016-2021)

8 China
8.1 China Business Travel Insurance Market Size (2016-2021)
8.2 Business Travel Insurance Key Players in China (2016-2021)
8.3 China Business Travel Insurance Market Size by Type (2016-2021)
8.4 China Business Travel Insurance Market Size by Application (2016-2021)

9 Japan
9.1 Japan Business Travel Insurance Market Size (2016-2021)
9.2 Business Travel Insurance Key Players in Japan (2016-2021)
9.3 Japan Business Travel Insurance Market Size by Type (2016-2021)
9.4 Japan Business Travel Insurance Market Size by Application (2016-2021)

10 Southeast Asia
10.1 Southeast Asia Business Travel Insurance Market Size (2016-2021)
10.2 Business Travel Insurance Key Players in Southeast Asia (2016-2021)
10.3 Southeast Asia Business Travel Insurance Market Size by Type (2016-2021)
10.4 Southeast Asia Business Travel Insurance Market Size by Application (2016-2021)

11 India
11.1 India Business Travel Insurance Market Size (2016-2021)
11.2 Business Travel Insurance Key Players in India (2016-2021)
11.3 India Business Travel Insurance Market Size by Type (2016-2021)
11.4 India Business Travel Insurance Market Size by Application (2016-2021)

12 Central & South America
12.1 Central & South America Business Travel Insurance Market Size (2016-2021)
12.2 Business Travel Insurance Key Players in Central & South America (2016-2021)
12.3 Central & South America Business Travel Insurance Market Size by Type (2016-2021)
12.4 Central & South America Business Travel Insurance Market Size by Application (2016-2021)

13 Key Players Profiles
13.1 Allianz
13.1.1 Allianz Company Details
13.1.2 Allianz Business Overview and Its Total Revenue
13.1.3 Allianz Business Travel Insurance Introduction
13.1.4 Allianz Revenue in Business Travel Insurance Business (2016-2021)
13.1.5 Allianz Recent Development
13.2 AIG
13.2.1 AIG Company Details
13.2.2 AIG Business Overview and Its Total Revenue
13.2.3 AIG Business Travel Insurance Introduction
13.2.4 AIG Revenue in Business Travel Insurance Business (2016-2021)
13.2.5 AIG Recent Development
13.3 Zurich
13.3.1 Zurich Company Details
13.3.2 Zurich Business Overview and Its Total Revenue
13.3.3 Zurich Business Travel Insurance Introduction
13.3.4 Zurich Revenue in Business Travel Insurance Business (2016-2021)
13.3.5 Zurich Recent Development
13.4 Genarali
13.4.1 Genarali Company Details
13.4.2 Genarali Business Overview and Its Total Revenue
13.4.3 Genarali Business Travel Insurance Introduction
13.4.4 Genarali Revenue in Business Travel Insurance Business (2016-2021)
13.4.5 Genarali Recent Development
13.5 AXA Group
13.5.1 AXA Group Company Details
13.5.2 AXA Group Business Overview and Its Total Revenue
13.5.3 AXA Group Business Travel Insurance Introduction
13.5.4 AXA Group Revenue in Business Travel Insurance Business (2016-2021)
13.5.5 AXA Group Recent Development
13.6 PICC
13.6.1 PICC Company Details
13.6.2 PICC Business Overview and Its Total Revenue
13.6.3 PICC Business Travel Insurance Introduction
13.6.4 PICC Revenue in Business Travel Insurance Business (2016-2021)
13.6.5 PICC Recent Development
13.7 Tokio Marine
13.7.1 Tokio Marine Company Details
13.7.2 Tokio Marine Business Overview and Its Total Revenue
13.7.3 Tokio Marine Business Travel Insurance Introduction
13.7.4 Tokio Marine Revenue in Business Travel Insurance Business (2016-2021)
13.7.5 Tokio Marine Recent Development
13.8 Sompo Japan
13.8.1 Sompo Japan Company Details
13.8.2 Sompo Japan Business Overview and Its Total Revenue
13.8.3 Sompo Japan Business Travel Insurance Introduction
13.8.4 Sompo Japan Revenue in Business Travel Insurance Business (2016-2021)
13.8.5 Sompo Japan Recent Development
13.9 Chubb
13.9.1 Chubb Company Details
13.9.2 Chubb Business Overview and Its Total Revenue
13.9.3 Chubb Business Travel Insurance Introduction
13.9.4 Chubb Revenue in Business Travel Insurance Business (2016-2021)
13.9.5 Chubb Recent Development
13.10 MetLife
13.10.1 MetLife Company Details
13.10.2 MetLife Business Overview and Its Total Revenue
13.10.3 MetLife Business Travel Insurance Introduction
13.10.4 MetLife Revenue in Business Travel Insurance Business (2016-2021)
13.10.5 MetLife Recent Development
13.11 Mapfre Asistencia
10.11.1 Mapfre Asistencia Company Details
10.11.2 Mapfre Asistencia Business Overview and Its Total Revenue
10.11.3 Mapfre Asistencia Business Travel Insurance Introduction
10.11.4 Mapfre Asistencia Revenue in Business Travel Insurance Business (2016-2021)
10.11.5 Mapfre Asistencia Recent Development
13.12 Hanse Merkur
10.12.1 Hanse Merkur Company Details
10.12.2 Hanse Merkur Business Overview and Its Total Revenue
10.12.3 Hanse Merkur Business Travel Insurance Introduction
10.12.4 Hanse Merkur Revenue in Business Travel Insurance Business (2016-2021)
10.12.5 Hanse Merkur Recent Development
13.13 Pin An
10.13.1 Pin An Company Details
10.13.2 Pin An Business Overview and Its Total Revenue
10.13.3 Pin An Business Travel Insurance Introduction
10.13.4 Pin An Revenue in Business Travel Insurance Business (2016-2021)
10.13.5 Pin An Recent Development

14 Analyst's Viewpoints/Conclusions

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details

Quality Assurance Process

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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