Kathmandu. The global travel insurance market is projected to be worth $86.39 billion.
Knowledge Sourcing Intelligence LPP estimates that the travel insurance market will reach $86.39 billion by 2030, at an annual growth rate of 15.35 percent. The global travel insurance market is projected to be $48.65 billion by 2025.
Recently, people have been traveling to different countries for business purposes, leisure and holidays. This is increasing the demand for travel insurance in the world.
On the other hand, the increasing popularity of adventure and sports tourism has led to people traveling to different countries. The demand for specialized travel insurance related to this has also increased. –Agency
