Educational Tourism Market Size, Share and Trends Analysis to 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Educational Tourism Market Size, Share & Trends Analysis Report By age group (less than 15 years, 16-25 years, 26-40 years and 41-55 years), education type (students, teachers, government officials, corporation managers, enterprise owners, workers) and occupation (students, teachers, government officials, corporation managers, enterprise owners, workers)lots, Others), By Consumer Orientation (Men, Women, Others), By Age Group (18-35 Years, 36-50 Years, 50 Years And Above, Others), Region, Market Outlook And Industry Analysis 2031"

The global educational tourism market is estimated to reach over USD 1141.05 billion by 2031, exhibiting a CAGR of 13.7% during the forecast period.

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The demand for authentic regional learning experiences, the rising global demand for international travel for alluring destinations, artifacts, and activities, and the increasing government initiatives to improve the global reputation as a destination for education tourism are key factors boosting educational tourism. Researchers are another example of a niche consumer group that travels to diverse locations for interdisciplinary study and to become familiar with novel concepts. The COVID-19 pandemic significantly impacted educational tourism. Students could not go for their studies due to various nations stopping aviation operations and barring their borders. Due to the developing digital marketing industry and rising demand for domestic and international school travel, the adoption of the educational tourism market is anticipated to rise throughout the projected period.

Additionally, due to successful initiatives by various governments to encourage educational tourism, particularly for advanced degrees, acceptance and demand for it would foster market expansion during the anticipated time. Growing government marketing campaigns for educational and cultural centers, accessibility, affordable transportation, and increasing connectivity among nations about international trade are some of the key drivers propelling the market's expansion. Furthermore, visa limits and immigration laws may present difficulties for students and educational institutions planning international educational travel. Long visa applications and restrictions may deter potential participants, which could restrict the growth of educational tourism.

List of Prominent Players in the Educational Tourism Market:
• World Expeditions Travel Group Pty Ltd
• ACE CULTURAL TOURS
• Atlantis Erudition &Travel Services
• Kesar Tours Pvt. Ltd
• ATG Travel
• Global Educational Travel
• Educational Tours, Inc.
• AAI EDUTOURZ
• EF Education First.
• Capital Tours, Inc

Market Dynamics:
Drivers-
Education tourism benefits students by encouraging their professional and personal growth through connection with residents in the area and through their studies. These aspects will help the educational tourism sector grow in the future. In the future, easier travel regulations, including more economical travel options and straightforward student visa requirements, will promote educational tourism. Various niches and specialized interests are catered to by educational tourism, including language immersion programs, wildlife conservation initiatives, historical and cultural excursions, and STEM-focused vacations. The demand for these specialized programs drives the expansion and diversity of the educational tourism business.

Challenges:
The rise of educational tourism programs can be hampered by worries about over-tourism, cultural appropriation, and unsustainable practices, which can impede the environment and local populations. The viability of educational tourism programs can be strongly impacted by the availability and quality of infrastructure, including transportation, lodging, and instructional facilities. The expansion may be constrained by inadequate infrastructure or difficult access to rural places. Target marketing and awareness efforts might limit market expansion and keep people from taking advantage of worthwhile learning opportunities. When students and educational institutions organize overseas educational travels, visa restrictions and immigration laws might provide challenges. Potential participants may become discouraged by lengthy visa procedures and limitations, which may limit the development of educational tourism.

Regional Trends:
The North American educational tourism market is expected to register a major market share. The market for educational tourism is expected to grow due to Ivy League universities being present in the country and the courses they offer students. In addition, a range of international study alternatives and student exchange programs offered by colleges are luring overseas students to American universities, spurring the rise of the local sector. Besides, Europe had a substantial share of the market. Because it offers world-class educational facilities, encourages educational visits, and invests in top-notch education and research, the market in the United States is becoming more and more well-known. Parents' influence, university rankings, the possibility of a better profession, the role of agents and alumni, and the promise of a better future all motivate students from these regions to travel for educational purposes.

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Recent Developments:
• In July 2020, EF Education First Kids & Teens, a business based in Switzerland with schools in China and Indonesia, received an investment from global investment firm Permira. This investment aimed to support the growth of EF Kids & Teens by leveraging EF's strong market position and benefiting from Permira's expertise and available resources. Together, they formed a strategic alliance to drive the expansion of EF Kids & Teens.
• Astro trek offered various activities like astronomy, stargazing, astrophotography, and thrilling adventure activities such as wall climbing and zip-lining.

Segmentation of Educational Tourism Market-
By age Group
• Less Than 15 Years
• 16-25 Years
• 26-40 Years
• 41-55 Years

By Education Type
• Primary
• Secondary
• College
• Post-graduation

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

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.