The global Visa Outsourcing Services market was valued at US$ 1608.7 million in 2022 and is projected to reach US$ 3699.2 million by 2029, at a CAGR of 12.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Visa Outsourcing Services market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Visa Outsourcing Services market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Visa Outsourcing Services market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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. In recent years, many governments have outsourced their visa processing to external partners. This has helped them to manage the increasing demand for visas in the age of booming international travel. Visa outsourcing can also benefit travellers, reducing processing times and improving customer service.
This report aims to provide a comprehensive presentation of the global market for Visa Outsourcing Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Visa Outsourcing Services. This report contains market size and forecasts of Visa Outsourcing Services in global, including the following market information:
- Global Visa Outsourcing Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global top five companies in 2022 (%)
Global key players of visa outsourcing services include VFS Global, CGI, GDIT, etc. The top three players hold a share over 78%. North America is the largest region, with approximately 35% global market share, followed by APAC and Europe. Middle East and Africa is another key region in this market. Asia-Pacific is estimated to expand further at the fastest CAGR during the forecast period. The Family segment market occupied about 52% global market share, and is projected to hold a larger market size during the forecast period.
We surveyed the Visa Outsourcing Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Visa Outsourcing Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Visa Outsourcing Services Market Segment Percentages, by Type, 2022 (%)
- Tourist Visa
- Business Visa
- Working Visa
- Study Visa
- Others
Global Visa Outsourcing Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Visa Outsourcing Services Market Segment Percentages, by Application, 2022 (%)
- Personal
- Family
- Enterprise
- Others
Global Visa Outsourcing Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Visa Outsourcing Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Visa Outsourcing Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Visa Outsourcing Services revenues share in global market, 2022 (%)
key players include:
- VFS
- CGI
- GDIT
- TLScontact
- BLS
- CIBT
- OIS
- Visa First
- Enhance Visa
- Visa House
- iVisa
- Washington Express Visas
- AlmavivA
- BTW
- Siam Legal
- PassportVisasExpress
- TDS
- VEVS
- VisaHQ
- Anatolia Travel Services
- Atlas
- ItsEasy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Visa Outsourcing Services, market overview.
Chapter 2: Global Visa Outsourcing Services market size in revenue.
Chapter 3: Detailed analysis of Visa Outsourcing Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Visa Outsourcing Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
