Corporate Travel Security Global Market Report 2025

The corporate travel security market size has grown strongly in recent years. It will grow from $23.53 billion in 2024 to $25.54 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be linked to increasing global business travel activities, rising geopolitical tensions and regional instability, growing corporate emphasis on employee safety, the expansion of multinational workforce mobility, and rising demand for travel risk management solutions.

The corporate travel security market size is expected to see strong growth in the next few years. It will grow to $34.97 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be driven by the increasing complexity of geopolitical risks, rising awareness of duty-of-care compliance, growing adoption of integrated travel security platforms, the expansion of corporate travel in emerging economies, and increasing demand for real-time threat intelligence and monitoring. Major trends in the forecast period include advancements in artificial intelligence and predictive analytics, the integration of Internet of Things (IoT) technologies into travel security systems, the development of mobile-based risk intelligence applications, progress in security automation research and development, and innovations in data-driven risk management solutions.

The increasing volume of international business travel is expected to drive the growth of the corporate travel security market. International business travel involves employees or professionals traveling abroad to engage in business activities, build client relationships, explore new markets, or manage global projects. This trend is rising due to the expansion of global business operations and the growing need for in-person collaboration. Companies are sending employees overseas to foster partnerships, manage international operations, and oversee global projects. As international business travel grows, so does the demand for corporate travel security solutions that ensure the safety and well-being of employees abroad. These solutions provide services such as risk assessments, real-time monitoring, emergency support, and secure travel planning. For example, in May 2024, the UK’s Office for National Statistics reported that UK residents took 6.3 million international business trips in 2023, a 10.4% increase from the previous year, highlighting the broader global recovery in business travel. As a result, the rise in international business travel is fueling the growth of the corporate travel security market.

Companies operating in the corporate travel security market are focusing on developing innovative solutions, including telecom threat intelligence, to enhance real-time monitoring, detect potential cyber threats, and ensure secure connectivity for traveling employees. Telecom threat intelligence involves using telecom network data and analytics to identify, assess, and respond to security risks and malicious activities targeting communication systems. For instance, in April 2025, iVerify, a U.S.-based mobile security company, launched Sensitive Travel, a solution designed to automate the preparation of enterprise mobile devices for travel to high-risk areas. The solution helps security teams by sending real-time alerts to disconnect compromised devices or initiate threat hunts, reducing manual effort. Sensitive Travel uses a proprietary dataset that maps global malicious telecom infrastructure, helping security teams assess travel risks. This solution improves security for both corporate and BYOD devices, allowing employees to travel safely while protecting enterprise data.

In November 2025, Global Guardian LLC, a U.S.-based security company, acquired Solace Global Risk Ltd. for an undisclosed amount. This acquisition aims to accelerate Global Guardian’s growth by expanding its presence in Europe and integrating Solace Global Risk’s advanced travel risk management technology with Global Guardian’s operational expertise. The goal is to deliver smarter, faster, and more comprehensive global risk management solutions. Solace Global Risk Ltd. is a U.S.-based company that specializes in corporate travel security and risk management.

Major players in the corporate travel security market are AIG Travel Inc., Allied Universal Security Services LLC, BCD Travel Services B.V., Securitas AB, Mitie Security Ltd., Prosegur Compañía de Seguridad S.A., Europ Assistance Holding S.A., Howden Group Holdings Limited, International SOS Holdings Pte. Ltd., Control Risks Group Holdings Ltd, Navan Inc., GardaWorld Corporation, ICTS International N.V., MedjetAssist Inc., Healix International Ltd., Global Guardian LLC, Global Rescue LLC, Redpoint Travel Security LLC, MAX Security Solutions Ltd., Kroll LLC, Assist America International Inc., Riskline ApS.

North America was the largest region in the corporate travel security market in 2024. The regions covered in corporate travel security report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the corporate travel security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the services sector, particularly in business services, IT, and professional consulting operations. Higher costs for imported technology, office equipment, and essential digital infrastructure have raised operating expenses for service providers, forcing them to either pass on costs to clients or absorb margin pressures. Outsourcing firms and IT service companies are also facing challenges due to increased costs of hardware components and delayed global supply chains, affecting project delivery timelines and profitability. Additionally, retaliatory tariffs have dampened demand for U.S.-based professional services in key international markets, leading to a slowdown in export-driven revenue streams. The sector must now prioritize digital transformation, cost optimization, and expanding domestic client bases to sustain growth and maintain competitiveness amid ongoing trade uncertainty.

The corporate travel security market research report is one of a series of new reports that provides corporate travel security market statistics, including corporate travel security industry global market size, regional shares, competitors with a corporate travel security market share, detailed corporate travel security market segments, market trends and opportunities, and any further data you may need to thrive in the corporate travel security industry. This corporate travel security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Corporate travel security refers to a comprehensive framework of policies, technologies, and support services designed to protect employees and assets during business travel. It focuses on identifying travel-related risks, delivering real-time monitoring, and implementing preventive and emergency measures to ensure safe and secure corporate travel operations.

The key types of corporate travel security include on-call emergency response service, evacuation service, medical repatriation, a 24-hour medical helpline, and others. On-call emergency response service offers round-the-clock professional assistance to effectively handle and respond to emergencies. The major service categories offered include risk assessment, emergency response, travel assistance, tracking and monitoring, and training and consulting, and they are used by organizations of all sizes, including small and medium-sized enterprises and large enterprises. Applications cover business traveler tracking, risk intelligence and advisory, emergency evacuation services, medical assistance and repatriation, travel risk management programs, incident response and crisis management, insurance and financial protection, pre-travel training and briefings, communication and alert systems, and policy compliance monitoring, serving industry verticals such as information technology and telecommunications, energy and utilities, finance and banking, healthcare, manufacturing, and others.

The corporate travel security market includes revenues earned by entities by providing services such as crisis management and evacuation planning, policy development and compliance management, and intelligence and threat analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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