Global Visa Service Market Growth (Status and Outlook) 2025-2031

Global Visa Service Market Growth (Status and Outlook) 2025-2031

The global Visa Service market size is predicted to grow from US$ 5952 million in 2025 to US$ 10230 million in 2031; it is expected to grow at a CAGR of 9.4% from 2025 to 2031.

Visa Service is a service where a service agency applies to a country's government for permission to enter, exit or transit the country at the request of an applicant, eliminating much of the paperwork required by an applicant to visit a country. Visa Service includes short-term business, work, study and tourism in some countries and other types of visas for applicants.

The growth trend will be maintained in 2024, but the growth rate will slow down compared with 2023, and the scale of the industry will basically return to the level of 2019.

North America is the largest region, with 39% global market share in 2023, followed by Europe and APAC. Middle East and Africa is another key region in this market. VFS is the major player in this region, and its 34% business revenue share contributed to this region. Asia-Pacific is estimated to expand further at the fastest CAGR during the forecast period.

The visa service market includes visa outsourcing companies such as VFS, TLScontact, etc. At the same time, it also includes the highly fragmented travel agency visa services that occupy a larger market. In the field of visa outsourcing, VFS occupies more than 50% of the market share. Its main competitors are TLScontact, two outsourcing companies directly selected by the US State Department, CGI, GDIT. and BLS International, etc.

LPI (LP Information)' newest research report, the “Visa Service Industry Forecast” looks at past sales and reviews total world Visa Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Visa Service sales for 2025 through 2031. With Visa Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Visa Service industry.

This Insight Report provides a comprehensive analysis of the global Visa Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Visa Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Visa Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Visa Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Visa Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Visa Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
Tourist Visa
Business Visa
Working Visa
Study Visa
Others

Segmentation by Application:
Personal
Family
Enterprise

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
VFS Global
CGI
GDIT
TLScontact
BLS International
CIBT
Fragomen
OIS
Visa First
Akbar
Onlinevisa
Enhance Visa
Visa House
iVisa
Washington Express Visas
AlmavivA
BTW
Siam Legal International
PassportVisasExpress
TDS
VEVS Global
VisaHQ
Anatolia Travel Services
Atlas
ItsEasy

Please note: The report will take approximately 2 business days to prepare and deliver.