Press release
Global Electronic Tourism (E-Tourism) Market Insights and Forecast 2024
Electronic Tourism (E-Tourism) Market Insights
The new report published by The Business Research Company, titled Electronic (E) Tourism Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the electronic (E) tourism market size has grown rapidly in recent years. It will grow from $1043.34 billion in 2023 to $1149.84 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The electronic (E) tourism market size is expected to see rapid growth in the next few years. It will grow to $1,703.88 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%.
Download Free Sample Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=18592&type=smp
What Is Driving The Growth Of The Global Electronic (E) Tourism Market?
Rising Interest In Heritage Travel Boosts Growth In E-Tourism Market
Growing interest in heritage travel is expected to propel the growth of the electronic (E) tourism market going forward. Heritage travel involves visiting historical and cultural sites to explore and appreciate a region's history, traditions, and architectural legacy. The growing interest in heritage travel stems from a desire for authentic experiences that connect travelers with history and culture. E-tourism enhances heritage travel by providing online access to information, virtual tours, booking services, and reviews for historical and cultural sites. For instance, in November 2023, according to a survey conducted with 33,524 participants by the Department for Digital, Culture, Media, and Sport, a UK-based government agency, 67% of adults had visited a heritage site in person in the past 12 months, up 5% from 2021/2022, when it was 63%. Meanwhile, digital engagement with heritage sites increased by 2%, reaching 18% compared to 16% in 2021/2022. Therefore, growing interest in heritage travel is driving the growth of the electronic (E) tourism market.
What Is The Key Trend In The Global Electronic (E) Tourism Market?
E-Tourism Companies Embrace AI For Personalized Travel
Major companies operating in the electronic (E) tourism market are focusing on shifting toward personalized recommendation solutions, such as artificial intelligence (AI)-based trip planners, to enhance customer engagement and drive increased bookings. AI-based trip planners use artificial intelligence to generate customized travel itineraries, enhancing user satisfaction and boosting booking rates. For instance, in June 2023, Booking.com, a Netherlands-based online travel agency, launched its AI Trip Planner, a new feature within its app that leverages AI and large language model technology to provide a conversational and personalized travel planning experience. This tool allows users to receive tailored travel recommendations, explore destinations, and book accommodations seamlessly, all through an interactive chat interface.
How Is The Global Electronic (E) Tourism Market Segmented?
The electronic (E) tourism market covered in this report is segmented -
1) By Type Of System: Computer Reservation Systems, Property Management Systems, Social Networks, Global Distribution Systems
2) By Booking Behavior: Spontaneous Travelers, Meticulous Planners, Tech-reliant Travelers
3) By Travel Style: Adventure Seekers, Luxury Travelers, Cultural Enthusiasts, Business Travelers
4) By Application: Hospitality Industry, Aerospace And Medical Industry
You Can Pre-Book The Global Market Report Of Your Requirement For A Swift Delivery And Also Get An Exclusive Discount On This Report, Checkout Link:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18592
How Is The Competitive Landscape Of The Global Electronic (E) Tourism Market?
Major companies operating in the electronic (E) tourism market are Booking Holdings Inc., Expedia Group, Airbnb Inc., Amadeus IT Group, Trip.com Group, Vacation Rentals by Owner (Vrbo), Agoda Company Pte. Ltd., TripAdvisor Inc., Orbitz Worldwide Inc., Trivago N.V., MakeMyTrip Limited, Viator Inc., Lastminute.com Group, Hotels.com L.P., MakeMyTrip Limited, Skyscanner Limited, Hopper Inc., Travelocity.com Inc., GetYourGuide GmbH, Klook Travel Technology Limited, Hotwire Inc., Sygic a.s., Travel Leaders Group LLC, Yatra Online Inc, Musement
Contents Of The Global Electronic (E) Tourism Market
1. Executive Summary
2. Electronic (E) Tourism Market Report Structure
3. Electronic (E) Tourism Market Trends And Strategies
4. Electronic (E) Tourism Market - Macro Economic Scenario
5. Electronic (E) Tourism Market Size And Growth
…..
27. Electronic (E) Tourism Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore The Report Store To Make A Direct Purchase Of The Report: https://www.thebusinessresearchcompany.com/report/electronic-e-tourism-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Electronic Tourism (E-Tourism) Market Insights and Forecast 2024 here
News-ID: 3688190 • Views: …
More Releases from The Business Research Company
Wood Manufacturing Market Outlook: Key Segments, Strategic Trends, And Top Compa …
The wood manufacturing market is positioned for steady expansion in the coming years, driven by several technological and sustainability trends. As industries increasingly adopt smarter manufacturing approaches and prioritize resource efficiency, the market is set to witness significant advancements and a growing demand for innovative wood-based products.
Anticipated Market Growth and Size of the Wood Manufacturing Market by 2030
The wood manufacturing sector is projected to reach a market value…
Segmentation Overview, Market Dynamics, And Competitive Positioning In The Wood …
The wood bio-products sector is set to experience robust expansion in the coming years, driven by technological advances and growing environmental awareness. This market's evolution reflects a broader shift towards sustainable materials and eco-friendly alternatives across various industries. Let's explore the market's size projections, key players, prevailing trends, and segmentation details to understand its future trajectory.
Forecasted Market Size and Growth of the Wood Bio-Products Market Through 2030
The wood…
Comprehensive Analysis Of Segments, Industry Trends, And Major Competitors In Th …
The market for women intimate care wipes is set for considerable expansion in the coming years, driven by evolving consumer preferences and heightened awareness of personal wellness. As demand shifts toward more sustainable and health-conscious products, this sector is positioning itself for steady growth and innovation. Let's explore the market size, key players, current trends, and main segments shaping this industry's future.
Projected Growth and Market Size of Women Intimate Care…
Innovative Sub-Segments Reshaping The Winter Tire Market Landscape
The winter tire market is gearing up for significant expansion as safety concerns and technological advancements continue to drive consumer demand. With increasing environmental awareness and the rise of electric vehicles, the industry is adapting swiftly to meet evolving needs. Let's explore the market's projected growth, key players, emerging trends, and segment performance shaping its future.
Projected Size and Growth Trajectory of the Winter Tire Market
The winter tire market…
More Releases for Tourism
Evolving Market Trends In The Culinary Tourism Industry: Technological Advanceme …
The Culinary Tourism Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Culinary Tourism Market Size During the Forecast Period?
The culinary tourism market has expanded rapidly in recent years. It will increase from $924.8 billion in 2024 to $1072.66 billion in 2025,…
Shaping the Music Tourism Market in 2025: Innovative Night Cultural Tourism Prod …
How Big Is the Music Tourism Market Expected to Be, and What Will Its Growth Rate Be?
Over the last few years, the market size of music tourism has expanded robustly. It's projected to surge from $5.97 billion in 2024 to $6.53 billion in 2025, marking a compound annual growth rate (CAGR) of 9.4%. The expansion during the historical period is related to factors like the emergence of legendary music festivals,…
Global Travel Activities Market Size - By Product Type(Tourist Tourism,Recreatio …
Travel Activities Market Snapshot: Insight into Market Trends and Movements
Travel activities encompass a wide range of experiences, including guided tours, outdoor adventures, cultural experiences, and local attractions. The Travel Activities market has seen a notable resurgence, driven by increased consumer preferences for immersive and unique experiences while traveling. Trends indicate a growing demand for personalized and sustainable travel options, as tourists seek authentic interactions with local communities and nature. Advances…
Philippines' Department of Tourism Host Tourism Summit 2024 of Go Negosyo
Image: https://www.abnewswire.com/uploads/f3388204609670ebfbd1f0530e010bd9.png
Philippines - 27 May, 2024 - In order to discuss opportunities, emerging market trends, and cutting-edge approaches in the tourism sector, the Department of Tourism (DOT) and Go Negosyo partnered once more on Monday, May 13, to host the Tourism Summit 2024. Approximately 200 key stakeholders, enablers, social media strategists, and business leaders from various industries were present.
Go Negosyo is an advocacy and entrepreneurship development organization based in the…
Global Medical Tourism Market, Global Medical Tourism Industry, Covid-19 Impact …
Major players in the medical tourism market are Apollo Hospital Enterprise Limited, Prince Court Medical Center, Bumrungrad International Hospital, KPJ Healthcare Berhad, and Fortis Health Ltd.
The Global Medical Tourism Market is expected to decline from USD 37.72 billion in 2019 to USD 19.8 billion in 2020 at a compound annual growth rate (CAGR) of -47.53%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment…
CONTACTLESS TOURISM
In the tourism sector, new initiatives for contactless holidays have started to be implemented at the facilities. Thanks to a software that is now widely used in hotels, holidaymakers can safely receive services without contacting the hotel staff.
The digital era has begun in the lodging industry, which is the sector most affected by the Covid 19 epidemic that has exercised power over the ENTIRE WORLD.
Thanks to the "mobile assistant"…
