Tourism Market Share

  • Report ID: 109
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Tourism Market Share

Regionally, the global Tourism Market  is studied into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. Amongst these markets, the market in Europe is projected to hold the largest market share by the end of 2036 owing to the rising disposable income and growing technological and digital advancements. As per the data provided by the European Commission, cloud computing usage increased to 34% during the pandemic. Furthermore, 66% of populous places had 5G connectivity by the end of 2021. Furthermore, the presence of various historic sites in the region is also projected to propel the growth of the market over the forecast period.

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Author Credits:  Parul Atri


  • Report ID: 109
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of tourism is assessed at USD 11.94 trillion.

The tourism market size was over USD 11.45 trillion in 2024 and is anticipated to reach USD 22.27 trillion by the end of 2037, growing at around 5.4% CAGR during the forecast period i.e., between 2025-2037. Socio-economic capita income, the growing trend of sustainable tourism, and surge in socio economic growth will drive the market growth.

Europe is set to hold the largest industry share by 2037, owing to rising disposable income and growing technological and digital advancements.

The major players in the market include Airbnb, Inc., G Adventures, Inc., TUI AG, Balkan Holidays Limited, Accor Group, DuVine Cycling + Adventure Co., Gray & Co., American Express Company, Omega World Travel, Inc., World Travel Holdings.
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