Tourist Visa Service Market, By Type (Long-term Visa and Short-term Visa), By Applications (Individual, Tourist Group, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Description

The global tourist visa service market is estimated to be valued at US$ 3,041.3 Mn in 2024 and is expected to reach US$ 8,133.9 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 15.1% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 3,041.3 Mn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	15.10%	2031 Value Projection:	US$ 8,133.9 Mn

Figure. Tourist Visa Service Market Share (%), By Region 2024

The global tourist visa service market is witnessing exponential growth on account of rising international travel and tourism activities worldwide. A tourist visa allows foreign nationals to enter a country for the purpose of tourism for a specific period. With growing globalization and increasing economic opportunities across countries, international travel for leisure and business has risen dramatically over the past decade. Various countries have also liberalized their visa policies and processes to encourage more inbound tourism. This has significantly boosted the demand for tourist visa facilitation and related services globally.

Market Dynamics:

Rising international travel is the major growth driver for the tourist visa service market. According to the United Nations World Tourism Organization, international tourist arrivals grew by 4% in 2019 to reach 1.5 billion. The increasing affordability of air travel and emergence of low-cost airlines have made foreign destinations more accessible. Moreover, the ease of online visa applications and biometrics-enabled processes have streamlined the visa acquisition process. However, political uncertainties and security issues in certain countries continue to hinder the growth of inbound tourism. Nevertheless, initiatives toward visa-free or visa-on-arrival policies by various nations present lucrative opportunities for market expansion.

Key Features of the Study:

This report provides an in-depth analysis of the global tourist visa service market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global tourist visa service market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Anatolia Travel Services, Astons, BLS International, CIBT, Civitas Capital Group, CMB Regional Centers, CS Global Partners, GDIT, Huriya Private, KPMG, OIS, Planejamento, Primex Immigration, Silver Fern Immigration Services, and VFS Global

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global tourist visa service market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tourist visa service market

Detailed Segmentation:

By Type
- Long-term Visa
- Short-term Visa
By Applications
- Individual
- Tourist Group
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Anatolia Travel Services
- Astons
- BLS International
- CIBT
- Civitas Capital Group
- CMB Regional Centers
- CS Global Partners
- GDIT
- Huriya Private
- KPMG
- OIS
- Planejamento
- Primex Immigration
- Silver Fern Immigration Services
- VFS Global

Product Code: CMI7121

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Applications
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Tourist Visa Service Market, By Type, 2019-2031 (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Long-term Visa
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Short-term Visa
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)

5. Global Tourist Visa Service Market, By Applications, 2019-2031 (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Individual
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Tourist Group
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)

6. Global Tourist Visa Service Market, By Region, 2019-2031 (US$ Mn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - U.K.
  - Germany
  - France
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031 (US$ Mn)
- Market Size and Forecast, By Applications, 2019-2031 (US$ Mn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
  - South Africa
  - GCC Countries
  - Rest of the Middle East & Africa

7. Competitive Landscape

Company Profiles
- Anatolia Travel Services
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Astons
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- BLS International
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- CIBT
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Civitas Capital Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- CMB Regional Centers
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- CS Global Partners
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- GDIT
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Huriya Private
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- KPMG
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- OIS
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Planejamento
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Primex Immigration
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Silver Fern Immigration Services
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- VFS Global
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

8. Wheel of Fortune

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. Reference and Research Methodology

References
Research Methodology
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