The North America travel risk management market is evolving rapidly as businesses and travelers prioritize safety, compliance, and preparedness in a post-pandemic world. In 2024, the market reached an estimated USD 0.83 billion, driven by growing awareness around corporate duty of care, geopolitical tensions, and increasing frequency of global disruptions such as natural disasters, political unrest, and public health emergencies. As organizations continue to resume global travel, demand for reliable, tech-enabled, and proactive risk management solutions is accelerating across industries.
North America Travel Risk Management Market Growth Size
The market size of travel risk management in North America reflects significant investment from multinational corporations, government agencies, and NGOs looking to ensure traveler safety. Valued at approximately USD 0.83 billion in 2024, the market has grown steadily due to increased adoption of risk assessment tools, traveler tracking systems, crisis response services, and insurance integration. As business travel rebounds and remote workforces expand internationally, organizations are placing greater emphasis on protecting employees on the move—fueling market expansion.
North America Travel Risk Management Market Growth Trends
The North America travel risk management market is witnessing a rapid evolution driven by digital transformation, regulatory compliance, and shifting workplace dynamics. Organizations are increasingly adopting AI-powered tools, real-time data analytics, and mobile platforms to monitor traveler safety, issue alerts, and respond to crises instantly. As corporate duty of care obligations become more stringent, businesses are prioritizing comprehensive risk management policies that ensure traveler protection. The rise of remote and hybrid workforces has also contributed to the need for location-aware security solutions that support employees across borders. Furthermore, there is growing demand for end-to-end services that address medical emergencies, security threats, natural disasters, and cybersecurity risks, reflecting a broader shift toward integrated, tech-enabled travel risk management systems.
Market Segmentation: North America Travel Risk Management Market
Market Breakup by Service
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Travel Security
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Crisis Management
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Assistance and Tracking
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Data Security
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Health Security
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Others
Market Division by Enterprise Size
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Small Enterprises
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Medium Enterprises
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Large Enterprises
Market Classification by Industry Vertical
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Hospitality
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Business Services & Consulting
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Information Technology & Technology
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Telecommunications
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Pharmaceuticals & Healthcare
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Agriculture
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Food & Beverage
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Others
North America Travel Risk Management Market Growth Drivers
The market’s growth is being fueled by a combination of corporate responsibility, evolving risk landscapes, and technological advancements. Businesses are increasingly aware of the potential legal, ethical, and reputational consequences of failing to safeguard traveling employees. This, combined with the rising number of international assignments, global conferences, and cross-border partnerships, is driving investment in travel risk management programs. Furthermore, advances in geolocation, predictive analytics, and mobile communication platforms are enabling real-time threat detection and faster response, improving overall traveler safety and confidence.
North America Travel Risk Management Market Growth Forecast (2025–2034)
Between 2025 and 2034, the North America travel risk management market is projected to grow at a CAGR of 9.50%, reaching an estimated market value of USD 2.06 billion by 2034. This forecast reflects increasing demand for proactive and data-driven travel safety solutions as businesses face an increasingly unpredictable global environment. Continued innovation, such as AI-powered risk alerts, automated compliance reporting, and integrated wellness support, will play a crucial role in enhancing service offerings. The rising number of business travelers and the growing focus on employee well-being will further reinforce this market’s strong growth trajectory.
Competitive Analysis
The North America travel risk management market is moderately consolidated but continues to see the entry of innovative solution providers. Key players offer a wide range of services—from emergency evacuation and medical assistance to real-time traveler tracking, communication tools, and compliance support. Leading companies include:
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Focus Point International, Inc. – Specializes in crisis response, secure travel tracking, and travel risk technology platforms.
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Everbridge, Inc. – Offers enterprise-grade critical event management solutions, including real-time alerts, traveler communication, and safety response.
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Global Rescue LLC – Known for its global rescue operations, medical advisory services, evacuation assistance, and security intelligence.
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BCD Travel Services B.V. – Combines corporate travel management with integrated traveler security and risk monitoring capabilities.
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AEA International Holdings, Pte. Ltd. – Operates under the International SOS brand, delivering global health and security risk management solutions.
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Customized Services Administrators, Inc. (Generali Global Assistance & Insurance Services) – Provides insurance, emergency travel assistance, and travel risk mitigation for individuals and corporate clients.
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CWT Global B.V. – Delivers business travel services combined with advanced risk assessment and traveler tracking technologies.
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Others – market include niche providers and emerging tech startups offering specialized services such as AI-driven threat detection, pandemic risk modeling, mobile-based alert systems, and cybersecurity-focused travel safety tools. These companies are rapidly gaining traction by targeting specific industries like energy, education, and NGOs, and by offering more flexible, cost-effective, and digital-first solutions tailored for modern business needs.