Global Personal Travel Accident Insurance Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	175 Pages	TechNavio	January, 2024	INF18475419

Best Price Guarantee
Price	from $2,500
Length	175 Pages
Publisher	TechNavio
Published Date	January, 2024
SKU	INF18475419

Global Personal Travel Accident Insurance Market 2024-2028

The personal travel accident insurance market is forecasted to grow by USD 37.6 bn during 2023-2028, accelerating at a CAGR of 6.66% during the forecast period. The report on the personal travel accident insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increasing number of travel accidents, a rise in travel activities, and increasing disposable incomes.

Technavio's personal travel accident insurance market is segmented as below:

By Age Group
Adults
Senior citizens
Children
By Type
General personal travel accident insurance
Premium personal travel accident insurance
By Geography
North America
Europe
APAC
Middle East and Africa
South America

This study identifies the increasing availability of insurance products and services through digital channels as one of the prime reasons driving the personal travel accident insurance market growth during the next few years. Also, the integration of wearables into customer engagement metrics for life insurance software and an increase in M&A of personal travel accident insurance vendors will lead to sizable demand in the market.

The report on the personal travel accident insurance market covers the following areas:

Personal travel accident insurance market sizing
Personal travel accident insurance market forecast
Personal travel accident insurance market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal travel accident insurance market vendors that include Aegon N.V., AFIA Insurance Brokerage Services L.L.C, Allianz SE, American Express Co., American International Group Inc., Aon plc, Assicurazioni Generali S.p.A., Aviva insurance Ltd., AXA Group, Berkshire Hathaway Inc., Chubb Ltd., ICICI Bank Ltd., Liberty Mutual Holding Co. Inc., Manulife Financial Corp., MAPFRE S.A., Munich Reinsurance Co., Nationwide Mutual Insurance Co., Seven Corners Inc., Star Health and Allied Insurance Co Ltd., The Allstate Corp., The Travelers Co. Inc., and Zurich Insurance Co. Ltd.. Also, the personal travel accident insurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Global Market Characteristics
  - Table Executive Summary - Chart on Market by Geography
  - Table Executive Summary - Chart on Market Segmentation by Age Group
  - Table Executive Summary - Chart on Market Segmentation by Type
  - Table Executive Summary - Chart on Incremental Growth
  - Table Executive Summary - Data Table on Incremental Growth
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global personal travel accident insurance market 2018 - 2022
  - Table Historic Market Size - Data Table on global personal travel accident insurance market 2018 - 2022 ($ billion)
- Age Group Segment Analysis 2018 - 2022
  - Table Historic Market Size - Age Group Segment 2018 - 2022 ($ billion)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Age Group
- Market segments
  - Table Chart on Age Group - Market share 2023-2028 (%)
  - Table Data Table on Age Group - Market share 2023-2028 (%)
- Comparison by Age Group
  - Table Chart on Comparison by Age Group
  - Table Data Table on Comparison by Age Group
- Adults - Market size and forecast 2023-2028
  - Table Chart on Adults - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Adults - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Adults - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Adults - Year-over-year growth 2023-2028 (%)
- Senior citizens - Market size and forecast 2023-2028
  - Table Chart on Senior citizens - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Senior citizens - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Senior citizens - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Senior citizens - Year-over-year growth 2023-2028 (%)
- Children - Market size and forecast 2023-2028
  - Table Chart on Children - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Children - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Children - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Children - Year-over-year growth 2023-2028 (%)
- Market opportunity by Age Group
  - Table Market opportunity by Age Group ($ billion)
  - Table Data Table on Market opportunity by Age Group ($ billion)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- General personal travel accident insurance - Market size and forecast 2023-2028
  - Table Chart on General personal travel accident insurance - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on General personal travel accident insurance - Market size and forecast 2023- 2028 ($ billion)
  - Table Chart on General personal travel accident insurance - Year-over-year growth 2023-2028 (%)
  - Table Data Table on General personal travel accident insurance - Year-over-year growth 2023- 2028 (%)
- Premium personal travel accident insurance - Market size and forecast 2023-2028
  - Table Chart on Premium personal travel accident insurance - Market size and forecast 2023- 2028 ($ billion)
  - Table Data Table on Premium personal travel accident insurance - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Premium personal travel accident insurance - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Premium personal travel accident insurance - Year-over-year growth 2023- 2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ billion)
  - Table Data Table on Market opportunity by Type ($ billion)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- Canada - Market size and forecast 2023-2028
  - Table Chart on Canada - Market size and forecast 2023-2028 ($ billion)
  - Table Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
  - Table Chart on Canada - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ billion)
  - Table Data Tables on Market opportunity by geography ($ billion)
Drivers, Challenges, and Trends
- Market drivers
  - Increasing number of travel accidents
  - Rise in travel activities
  - Increasing disposable incomes
- Market challenges
  - Concerns related to cyberattacks in insurance industry
  - High cost of personal travel accident insurance policies
  - Different healthcare laws in different countries
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Increasing availability of insurance products and services through digital channels
  - Integration of wearables into customer engagement metrics for life insurance software
  - Increase in M and A of personal travel accident insurance vendors
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Allianz SE
  - Table Allianz SE - Overview
  - Table Allianz SE - Business segments
  - Table Allianz SE - Key news
  - Table Allianz SE - Key offerings
  - Table Allianz SE - Segment focus
- American Express Co.
  - Table American Express Co. - Overview
  - Table American Express Co. - Business segments
  - Table American Express Co. - Key offerings
  - Table American Express Co. - Segment focus
- American International Group Inc.
  - Table American International Group Inc. - Overview
  - Table American International Group Inc. - Business segments
  - Table American International Group Inc. - Key news
  - Table American International Group Inc. - Key offerings
  - Table American International Group Inc. - Segment focus
- Assicurazioni Generali S.p.A.
  - Table Assicurazioni Generali S.p.A. - Overview
  - Table Assicurazioni Generali S.p.A. - Business segments
  - Table Assicurazioni Generali S.p.A. - Key offerings
  - Table Assicurazioni Generali S.p.A. - Segment focus
- AXA Group
  - Table AXA Group - Overview
  - Table AXA Group - Business segments
  - Table AXA Group - Key offerings
  - Table AXA Group - Segment focus
- Berkshire Hathaway Inc.
  - Table Berkshire Hathaway Inc. - Overview
  - Table Berkshire Hathaway Inc. - Business segments
  - Table Berkshire Hathaway Inc. - Key news
  - Table Berkshire Hathaway Inc. - Key offerings
  - Table Berkshire Hathaway Inc. - Segment focus
- Chubb Ltd.
  - Table Chubb Ltd. - Overview
  - Table Chubb Ltd. - Business segments
  - Table Chubb Ltd. - Key news
  - Table Chubb Ltd. - Key offerings
  - Table Chubb Ltd. - Segment focus
- Manulife Financial Corp.
  - Table Manulife Financial Corp. - Overview
  - Table Manulife Financial Corp. - Business segments
  - Table Manulife Financial Corp. - Key offerings
  - Table Manulife Financial Corp. - Segment focus
- MAPFRE S.A.
  - Table MAPFRE S.A. - Overview
  - Table MAPFRE S.A. - Product / Service
  - Table MAPFRE S.A. - Key offerings
- Nationwide Mutual Insurance Co.
  - Table Nationwide Mutual Insurance Co. - Overview
  - Table Nationwide Mutual Insurance Co. - Product / Service
  - Table Nationwide Mutual Insurance Co. - Key offerings
- Seven Corners Inc.
  - Table Seven Corners Inc. - Overview
  - Table Seven Corners Inc. - Product / Service
  - Table Seven Corners Inc. - Key offerings
- Star Health and Allied Insurance Co Ltd.
  - Table Star Health and Allied Insurance Co Ltd. - Overview
  - Table Star Health and Allied Insurance Co Ltd. - Product / Service
  - Table Star Health and Allied Insurance Co Ltd. - Key offerings
- The Allstate Corp.
  - Table The Allstate Corp. - Overview
  - Table The Allstate Corp. - Business segments
  - Table The Allstate Corp. - Key offerings
  - Table The Allstate Corp. - Segment focus
- The Travelers Co. Inc.
  - Table The Travelers Co. Inc. - Overview
  - Table The Travelers Co. Inc. - Business segments
  - Table The Travelers Co. Inc. - Key offerings
  - Table The Travelers Co. Inc. - Segment focus
- Zurich Insurance Co. Ltd.
  - Table Zurich Insurance Co. Ltd. - Overview
  - Table Zurich Insurance Co. Ltd. - Business segments
  - Table Zurich Insurance Co. Ltd. - Key offerings
  - Table Zurich Insurance Co. Ltd. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations