Press release
AI Integration in Personalized Travel Enhancing Customer Experiences with Tailored Solutions and Smart Assistance Trend: A Crucial Influence on the Artificial Intelligence (AI) In Travel Market's Transformation in 2025
Artificial Intelligence AI In Travel
The growth of global tourism is anticipated to drive the expansion of the artificial intelligence (AI) in travel market. Global tourism involves individuals traveling internationally for leisure, business, or other purposes, promoting cultural exchange, economic growth, and global connections. The growth in global tourism is fueled by rising disposable incomes, easier access to international travel, a heightened interest in exploring new destinations, and advancements in travel technology. AI in travel enhances the tourism experience by offering personalized recommendations, automating bookings, and improving customer service, which boosts overall traveler satisfaction and operational efficiency. For example, in 2024, according to the World Travel and Tourism Council, a UK-based travel organization, the travel and tourism industry contributed 9.1% to global GDP in 2023, reflecting a 23.2% increase from 2022. As a result, the growth of global tourism is propelling the AI in travel market.
Get Your Artificial Intelligence (AI) In Travel Market Report Here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-in-travel-global-market-report
What Is the projected market size and growth rate for the artificial intelligence (ai) in travel market?
The artificial intelligence (AI) in travel market has seen exponential growth in recent years. It is expected to increase from $123.72 billion in 2024 to $165.93 billion in 2025 at a CAGR of 34.1%. This previous growth was influenced by the rise of digital transformation, increasing demand for personalized travel experiences, greater emphasis on operational efficiency, a stronger focus on security and safety, the proliferation of mobile and wearable technology, and an increased push for automation in customer service.
The artificial intelligence (AI) in the travel market is expected to witness substantial growth in the coming years. By 2029, it is projected to reach $531.95 billion, growing at a CAGR of 33.8%. The key drivers of growth include the rising demand for personalized travel experiences, the increasing adoption of contactless technologies, a growing need for enhanced security and safety protocols, the expansion of smart infrastructure in travel hubs, and the widespread use of AI-powered analytics for operational efficiency. Major trends in this period will encompass AI-driven personalization, the adoption of autonomous vehicles and AI-powered robotics, the expansion of AI-based chatbots and virtual assistants, AI-powered predictive analytics, and advancements in contactless technology.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19315&type=smp
What new trends are reshaping the artificial intelligence (ai) in travel market and its opportunities?
Companies in the AI in travel market are working on technological advancements to enhance customer experiences by offering personalized travel recommendations, optimizing itineraries, and providing real-time assistance. AI in personalized travel analyzes user data and preferences to customize travel experiences, suggesting destinations, accommodations, and activities based on individual needs and past behaviors. For example, in May 2024, Expedia Group Inc., a US-based travel tech company, introduced Romie, an AI-powered travel assistant. Romie acts as a personal travel agent, assisting with planning, booking, and last-minute changes. It learns user preferences to deliver personalized recommendations and provides features like group chat planning, smart search, and itinerary building.
What major market segments define the scope and growth of the artificial intelligence (ai) in travel market?
The artificial intelligence (AI) in travel market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment mode: On-Premises, Cloud-Based
3) By Application: Customer Service, Booking And Reservations, Travel Planning And Personalization, marketing And Advertising, Operations Management, Security And Fraud Detection
Subsegments:
1) By Software: AI-powered Travel Booking Platforms, Chatbots and Virtual Assistants, Personalization and Recommendation Engines, Revenue Management Software, Customer Relationship Management (CRM) Tools
2) By Services: Consulting Services, Implementation and Integration Services, Data Analytics and Insights Services, Training and Support Services, Digital marketing Services
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19315
Which region dominates the artificial intelligence (ai) in travel market?
North America was the largest region in the artificial intelligence (AI) in travel market in 2024. The regions covered in the artificial intelligence (AI) in travel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the artificial intelligence (ai) in travel industry growth?
Major companies operating in the artificial intelligence (AI) in travel market are International Business Machines Corporation, Expedia Group Inc., Priceline.com, Booking.com B.V., Airbnb Inc., Sabre Corporation, TripAdvisor Inc., Agoda Company Pte. Ltd., SAP Concur, Travelport Worldwide Ltd., Hotelbeds Group, Skyscanner Ltd., Trivago N.V., MakeMyTrip Limited, Fareportal, Kayak Software Corporation, Despegar.com Inc., Cendyn Group LLC, Hopper, Cleartrip Private Limited, Sojern Inc., OTA Insight Ltd., Adara Inc., Viator Inc., Duetto
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=19315&type=smp
What Is Covered In The Artificial Intelligence (AI) In Travel Global Market Report?
•Market Size Forecast: Examine the artificial intelligence (ai) in travel market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the artificial intelligence (ai) in travel market for a structured understanding.
•Key Players Overview: Analyze major players in the artificial intelligence (ai) in travel market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence (ai) in travel market.
•Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence (ai) in travel market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence (ai) in travel market.
•Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence (ai) in travel market.
•Competitive Landscape: Review strategic developments in the artificial intelligence (ai) in travel market, including expansions, agreements, and new product launches.
Connect with 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.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 AI Integration in Personalized Travel Enhancing Customer Experiences with Tailored Solutions and Smart Assistance Trend: A Crucial Influence on the Artificial Intelligence (AI) In Travel Market's Transformation in 2025 here
News-ID: 3944097 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Travel
Solo Travel Service Market Next Big Thing | Ftlo Travel, Weroad Travel, EL Camin …
The "Solo Travel Service - Market Development Outlook" Study has been added to AMA repository. The study envisage detailed qualitative as well as quantitative market data insights and follows Industry benchmark classification and NAICS standards to build strong players coverage in the study. Some of the major and emerging players identified are Exodus Travel (United Kingdom), G Adventures (Canada), Ftlo Travel (Canada), Weroad Travel (United Kingdom), EL Camino Travel (United…
Honeymoon Travel Market to Witness Remarkable Growth by 2029 | AAA Travel, World …
HTF MI introduces new research on Honeymoon Travel covering the micro level of analysis by competitors and key business segments (2023-2029). The Honeymoon Travel explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled…
Travel Agencies Market Giants Spending Is Going To Boom | Carlson Wagonlit Trave …
Advance Market Analytics published a new research publication on "Global Travel Agencies Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Travel Agencies market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Educational Travel Market to See Competition Rise | STA Travel, Key Travel, Elli …
According to HTF Market Intelligence, the Global Educational Travel market to witness a CAGR of 17.01% during forecast period of 2023-2028. The market is segmented by Global Educational Travel Market Breakdown by Application (Primary School Students, Middle & High School Students, College Students) by Type (Below 3 Days, 3 to 7 Days, Above 7 Days) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Educational Travel market…
Excellent Growth of Business Travel Management Service Market Key Players- Carls …
“Business Travel Management Service Industry 2020 Market Research Report” A new report added by reportsandmarkets.com to its research database. Business Travel Management Service Market is segmented by Regions/Countries. All the key market aspects that influence the Business Travel Management Service market presently and will have an impact on it have been evaluated and propounded in the Business Travel Management Service market research status and development trends reviewed in the new…
Honeymoon Tourism Market Is Thriving Worldwide : China Travel, HRG North America …
A fresh market research study titled Honeymoon Tourism Market explores several significant facets related to Honeymoon Tourism Market covering industry environment, segmentation analysis, and competitive landscape. Realistic concepts of the market are mentioned in a simple and plain manner in this report. A comprehensive and elaborate primary analysis report highlights numerous facts such as development factors, business enhancement strategies, statistical growth, financial gain or loss to help readers and clients…
