Rising Interest In Heritage Travel Boosts Growth In E-Tourism Market: An Emerging Driver Transforming The Electronic (E) Tourism Market Landscape

The Electronic (E) 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 Projected Growth of the Electronic (E) Tourism Market?
The electronic (E) tourism market has expanded rapidly, projected to grow from $1198.13 billion in 2024 to $1342.21 billion in 2025, with a CAGR of 12.0%. Historical growth was driven by wider internet access, mobile technology adoption, the rise of social media, growth in online booking, convenience-driven consumer behavior, increased airline/hotel partnerships, travel review platforms, competitive pricing, and global tourism expansion.

The electronic (E) tourism market is set for rapid growth, projected to reach $2094.26 billion by 2029 at a compound annual growth rate (CAGR) of 11.8%. Growth drivers include the expansion of personalized travel experiences, increased mobile app bookings, growing adoption of blockchain technology, a focus on sustainable tourism, enhanced digital marketing strategies, and the rise of virtual tourism experiences. Key trends during this period include contactless payments, eco-friendly travel options, the use of AI chatbots for customer service, personalized travel offers through big data, smart tourism technologies, blockchain for secure transactions, remote work travel packages, and an enhanced customer experience through AI-driven insights.

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What Are the Different Electronic (E) Tourism Market Segments?
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

Subsegments:
1) By Computer Reservation Systems (Crs): Airline Reservation Systems, Hotel Reservation Systems, Car Rental Reservation Systems, Tour And Package Booking Systems, Travel Agency Reservation Systems
2) By Property Management Systems (Pms): Hotel Property Management Systems, Vacation Rental Management Systems, Resort Property Management Systems, Multi-property Pms Solutions, Cloud-based Property Management Systems
3) By Social Networks: Travel Social Media Platforms, User-Generated Content Platforms, Travel Influencer Platforms, Travel Planning And Sharing Communities, Social Networks For Trip Coordination
4) By Global Distribution Systems (Gds): Airline Gds, Hotel Gds, Car Rental Gds, Multi-Channel Travel Gds Platforms, Online Travel Agencies (Otas) Connected With Gds

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What Are the Primary Drivers Shaping the Electronic (E) Tourism Market?
The increasing interest in heritage travel is anticipated to drive the growth of the electronic (E) tourism market in the future. Heritage travel focuses on visiting historical and cultural sites to explore and understand a region's history, customs, and architectural significance. The growing interest in heritage travel stems from the desire for authentic experiences that connect travelers with history and culture. E-tourism supports heritage travel by providing online resources such as information, virtual tours, booking platforms, and reviews for historical and cultural sites. For example, a survey conducted by the Department for Digital, Culture, Media, and Sport in November 2023 found that 67% of adults had visited a heritage site in the past year, up from 63% in 2021/2022. Digital engagement with heritage sites also rose by 2%, reaching 18% in 2023 compared to 16% in the previous year. As a result, the growing enthusiasm for heritage travel is contributing to the growth of the electronic tourism market.

Which Companies Are Leading in the 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

What Are the Latest Developing Trends in the Electronic (E) Tourism Market?
Leading companies in the electronic (E) tourism market are shifting their focus towards offering individualized recommendations through solutions such as AI-based trip planners. This move aims to boost customer engagement and increase booking rates. These AI-centric trip planning tools use artificial intelligence to create custom itineraries, which in turn heightens customer satisfaction and enhances booking figures. An exemplifying case took place in June 2023 when Booking.com, an online travel agency hailing from the Netherlands, introduced its AI Trip Planner. This innovative feature in their app utilizes AI and extensive language model technology to offer a personalized and interactive travel planning service. The feature lets users get custom travel suggestions, explore locales, and arrange accommodation conveniently through a responsive chat interface.

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What Are the Top Revenue-Generating Geographies in the Electronic (E) Tourism Market?
North America was the largest region in the electronic (E) tourism market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic (E) tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electronic (E) Tourism Market?
2. What is the CAGR expected in the Electronic (E) Tourism Market?
3. What Are the Key Innovations Transforming the Electronic (E) Tourism Industry?
4. Which Region Is Leading the Electronic (E) Tourism Market?

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