Press release
Educational Tourism Market Report- Expansive Coverage on the Profit Sources
According to the latest research by InsightAce Analytic, the Global Educational Tourism Market is valued at US$ 363.41 Bn in 2023, and it is expected to reach US$ 1,141.05 Bn by 2031, with a CAGR of 13.7% during the forecast period of 2024-2031.
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Educational tourism integrates academic activities with leisure experiences, allowing individuals to travel-either independently or in groups-to enhance their knowledge, acquire new skills, and explore educational opportunities. The market for educational tourism is expected to grow significantly, driven by the globalization of education and an increasing emphasis on international experiences and cross-cultural learning.
This sector encompasses interactive learning experiences, hands-on activities, and skill development in real-world environments. Educational institutions and learners participate in educational tourism programs due to the rising demand for experiential learning. Additionally, the increase in disposable income globally has fueled interest in educational travel, as improved living standards drive demand for enriching and immersive travel experiences.
List of Prominent Players in the Global Educational Tourism Market:
• WorldStrides
• ACIS Educational Tours
• CIEE (Council on International Educational Exchange)
• API (Academic Programs International)
• AIFS (American Institute for Foreign Study)
• Contiki (Young Adventurer Tours)
• TravelBound
• SGI (Study Group International)
• BUNTE Reiseburo (BUNTE Educational Tours)
• EF Education First Ltd.
• ACIS Educational Tours
• Explorica, Inc.
• WorldStrides
• Rustic Pathways
• Walking Tree Travel
• Travel For Teens
• School Tours of America
• EST
• World Expeditions Travel Group Pty Ltd
• ACE CULTURAL TOURS
• Atlantis Erudition &Travel Services
• Kesari Tours Pvt. Ltd.
• ATG Travel
• Global Educational Travel
• Educational Tours, Inc.
• AAI EDUTOURZ
• Capital Tours, Inc
• Others
Market Dynamics:
Drivers-
The expansion of the educational tourism sector is largely driven by government initiatives supporting academic travel. Many governments worldwide actively promote educational tourism to attract international students and foster cross-cultural exchange. By offering substantial support to educational tourism enterprises, these initiatives encourage students to pursue learning opportunities abroad. Additionally, as urbanization and economic globalization continue to rise, both students and professionals seek international education to enhance their credentials, gain multicultural exposure, and improve their communication skills through immersive learning experiences.
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Challenges:
The high costs associated with educational tourism present a significant barrier to market growth. Expenses related to accommodation, transportation, program fees, and other logistical costs can deter individuals with limited financial resources from participating in such programs. Furthermore, cultural and language barriers often pose challenges for participants, limiting their ability to fully engage in educational activities and interact effectively with local communities. Another challenge is the inconsistency in program quality-some educational tourism programs fail to deliver the promised curriculum or employ ineffective teaching methods, leading to dissatisfaction among participants.
Regional Trends:
North America is expected to hold a significant share of the global educational tourism market, with steady revenue growth projected in the coming years. The region attracts a diverse pool of students, professionals, and tourists seeking academically enriching experiences, owing to its world-renowned universities, diverse educational programs, and abundant cultural exposure opportunities.
Europe also holds a considerable market share, benefiting from its geographical proximity between nations, which facilitates travel and enhances the educational tourism experience. Visitors to one European country often have the opportunity to explore multiple neighboring nations, further broadening their cultural and academic perspectives.
Recent Developments:
• In Oct 2023, The World Tourism Organisation (UNWTO) has introduced an educational toolbox to promote the inclusion of tourism as a subject in high schools globally, acknowledging its significance as a fundamental driver of economic and social progress. The toolkit comprised modules designed to provide comprehensive support and empowerment to Ministries of Education, parents, school directors, and teachers involved in this undertaking.
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Segmentation of Global 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
• Teacher
• 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
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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