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Educational Tourism Market 2023: Industry is going to reach US$ 776.4 Billion by 2028 at a CAGR of 13.30%

10-16-2023 08:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Educational Tourism Market

Educational Tourism Market

How Big Is the Educational Tourism Market?

The global educational tourism market size reached US$ 368 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 776.4 Billion by 2028, exhibiting a growth rate (CAGR) of 13.30% during 2023-2028.

What is Educational Tourism?

Educational tourism refers to a form of travel where individuals, often students or professionals, go beyond traditional classroom learning to gain knowledge and insights about diverse cultures, histories, and academic disciplines. It comprises structured programs or self-guided experiences that combine exploration with learning, providing a unique opportunity to expand valuable knowledge among individuals. It also involves a diverse range of activities, such as language immersion programs, historical site visits, academic conferences, and cultural exchanges. It provides a dynamic and interactive learning environment that assists in enhancing learning. Besides this, it offers the chance to practice and improve language skills in real-life situations. As it encourages personal growth and development and builds self-confidence among individuals, the demand for educational tourism is increasing across the globe.

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Global Industry Trends and Drivers:

At present, the rising adoption of educational tourism, as it provides exposure to different cultures and traditions, represents one of the significant factors propelling the growth of the market. Apart from this, the increasing preference for educational tourism, as it focuses on experiential learning, where participants actively engage with the subject matter, is supporting the market growth. Moreover, the increasing awareness about the importance of education and cross-cultural understanding is impelling the market growth. Besides this, the growing demand for educational tourism programs on account of the increasing number of students seeking educational opportunities abroad is positively influencing the market. In addition, technological advancements, such as online booking platforms and virtual reality (VR), have made it easier for individuals to access and plan educational trips, which is contributing to the market growth. Furthermore, the increasing awareness about the need to protect and preserve the cultural and natural heritage of the destinations visited is strengthening the market growth. In line with this, the wide availability of specialized educational programs in fields like science, technology, engineering, and mathematics (STEM) attracts students and professionals with specific interests, which is offering lucrative growth opportunities to industry investors.

Ask Analyst for 10% free customized report: https://www.imarcgroup.com/request?type=report&id=12540&flag=C

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Age Group Insights:
• Less Than 15 Years
• 16-25 Years
• 26-40 Years
• 41-55 Years

Education Insights:
• Primary
• Secondary
• College
• Post-Graduation

Occupation Insights:
• Students
• Teachers
• Government Officials
• Corporation Managers
• Enterprise Owners
• Workers
• Others

Regional Insights:
• North America
o United States
o Canada
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Others
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

AAI Edutourz Pvt. Ltd., ACE Cultural Tours, ACIS Educational Tours, Atlantis Erudition & Travel Services Pvt. Ltd., Capital Tours Inc., Educational Tours, Inc., EF Education First, Global Educational Travel, Goireland, Qadri International Education Consultancy, World Expeditions Travel Group Pty Ltd.

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Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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