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Domestic Tourism Market worth $6.62 billion by 2030, growing at a CAGR of 14.45% - Exclusive Report by 360iResearch
Domestic Tourism Market | 360iResearch
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Domestic tourism includes travel within a country by its residents and encompasses various activities, such as leisure travel, business trips, pilgrimage, adventure tourism, and educational travel. As defined by the United Nations World Tourism Organization (UNWTO), it involves residents traveling to destinations within their country for purposes including leisure, business, education, health, and visiting friends or relatives. The necessity of domestic tourism lies in its economic contribution by driving revenue to local businesses, creating jobs, and stimulating infrastructural development. Additionally, it aids in cultural preservation and environmental awareness by promoting local attractions and sustainable practices. Applications span leisure and recreation, educational tourism, business travel, health and wellness, and adventure and wildlife tourism. Key end-use sectors include travel agencies, the hospitality sector, transport services, and cultural and entertainment venues. Market growth is influenced by factors, including increasing disposable income, government initiatives promoting local tourism, digitalization enhancing traveler convenience, and evolving consumer trends emphasizing experiences and sustainable tourism. Potential opportunities exist in staycations, health and wellness tourism, cultural and heritage tours, adventure tourism, and digital transformation leveraging AI and big data. However, the market faces limitations such as infrastructure constraints, economic disparities, and seasonality affecting demand. Challenges include environmental concerns, safety and security issues from health crises and natural disasters, and competition with international tourism. Areas of innovation and research for growth include sustainable tourism development, technology integration, wellness tourism products, experience customization using big data analytics, and investing in smart tourism infrastructure. The domestic tourism market is dynamic, shaped by economic factors, technological advancements, and consumer preferences, and remains highly competitive with various stakeholders contributing to the travel ecosystem.
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Market Segmentation & Coverage:
This research report categorizes the Domestic Tourism Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Interstate Travel and Local or Regional Travel.
Based on Booking Mode, market is studied across Direct Booking and OTA Platform.
Based on Tour Type, market is studied across Adventures Tours, Conferences/Meetings, Holidays Trip, Organized Tours, and Weekend Getaways.
Based on Age Group, market is studied across 30-41 Years, 42-49 Years, 50 Years & Above, and Below 30 years.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Domestic Tourism Market, highlighting leading vendors and their innovative profiles. These include Abercrombie & Kent Group of Companies S.A., Airbnb Inc., Booking Holdings, Inc., China CYTS Tours Holding, China Travel, Despegar.com, Corporation, eDreams International Network, S.L., Expedia, Inc., GoZayaan Ltd., Hostelworld Group, HURB CO, SA, MakeMyTrip Limited, OYO Group, Tourwriter Limited, Trafalgar Tours West, Inc., TripAdvisor LLC, trivago N.V, Via.com, and Yatra Online Private Limited.
Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the Domestic Tourism Market
We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Domestic Tourism Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Domestic Tourism Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Domestic Tourism Market, by Type
7. Domestic Tourism Market, by Booking Mode
8. Domestic Tourism Market, by Tour Type
9. Domestic Tourism Market, by Age Group
10. Americas Domestic Tourism Market
11. Asia-Pacific Domestic Tourism Market
12. Europe, Middle East & Africa Domestic Tourism Market
13. Competitive Landscape
14. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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