What is the global market size of Educational Tourism Market?

Educational Tourism Market size was valued at USD 342.12 billion in 2021 and is poised to grow from USD 365.9 billion in 2022 to USD 974.7 billion by 2030, growing at a CAGR of 13% in the forecast period (2023-2030).

Global Educational Tourism Market Size, Share, Growth Analysis, By Type(Domestic educational tourism and international educational tourism), By Age Group(Below 18 years, 18-30 years) - Industry Forecast 2024-2031

Report ID: SQMIG25R2007 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 62 | Figures: 75

Global Educational Tourism Market Insights

Global Educational Tourism Market size was valued at USD 365.9 billion in 2022 and is poised to grow from USD 413.47 billion in 2023 to USD 1099.18 billion by 2031, growing at a CAGR of 9.50% during the forecast period (2024-2031).

Global Educational Tourism Market is driven by the increasing demand for education and the desire for new and unique travel experiences. One of the key drivers of the educational tourism market is the growing emphasis on education and professional development. Many individuals and families are investing in education and seeking out educational travel experiences to supplement their learning and expand their knowledge. This has led to a growing number of international students and professionals traveling to different countries to take advantage of the high-quality education and training opportunities available. Another major factor driving the educational tourism market is the rise of the middle class in emerging economies. As more people in countries such as China, India, and Brazil have disposable income, they are increasingly investing in education and looking for unique travel experiences to enhance their learning and cultural experiences. Furthermore, advancements in technology and transportation have made it easier and more affordable for people to travel and access educational opportunities around the world. The growing popularity of online learning platforms and remote work has also increased the flexibility and accessibility of educational tourism. Overall, the global market presents a significant growth opportunity for companies operating in the travel and education industries.

US Educational Tourism Market is poised to grow at a sustainable CAGR for the next forecast year.

Global Educational Tourism Market Report Snapshots

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Global Educational Tourism Market is highly fragmented, with a large number of small and medium-sized players operating in the market. Some of the major players in the market offer a range of educational travel experiences, including language immersion programs, cultural exchange programs, study abroad programs, and internships. In addition to these major players, a large number of smaller companies and startups are operating in the educational tourism market. These companies often specialize in niche markets, such as eco-tourism, adventure travel, or language immersion programs for specific languages. 'EF Education First Ltd.', 'ACIS Educational Tours', 'Explorica, Inc.', 'WorldStrides', 'The Experiment in International Living', 'Rustic Pathways', 'Walking Tree Travel', 'STA Travel Ltd.', 'AFS Intercultural Programs', 'The Road Less Traveled', 'The Experiment Digital', 'CET Academic Programs', 'GoAbroad.com', 'Travel For Teens', 'School Tours of America', 'New York Language Center', 'GLA: Global Leadership Adventures', 'Projects Abroad', 'GEEO - Global Exploration for Educators Organization', 'CIEE: Council on International Educational Exchange'

With the increasing globalization of the workforce and the economy, there is a growing demand for international education among students and professionals. Educational tourism provides students and professionals with the opportunity to gain valuable cross-cultural experience, develop language skills, and enhance their resumes.

Growing Demand for Experiential Learning: Travelers are increasingly seeking educational tourism opportunities offering hands-on, experiential learning experiences. This includes activities such as language immersion programs, cultural exchange programs, and internships.

North America dominated the global educational tourism market, making the United States a major destination for international students and professionals. The region has a long-standing reputation for offering high-quality education, with many prestigious universities and institutions in the United States. The United States is home to many renowned universities, including Harvard, Yale, and Stanford, which attract students from around the world. In addition, the country has a diverse range of educational offerings, including language immersion programs, summer camps, and cultural exchange programs. These offerings give international students and professionals a unique opportunity to experience American culture and education. The United States is also a popular destination for international professionals seeking to enhance their skills and knowledge through executive education programs. Many universities and business schools across the country offer these programs and provide professionals with a unique opportunity to learn from top industry experts. The educational tourism market in North America is also driven by many companies offering educational travel experiences, particularly in the language immersion and cultural exchange sectors. These companies offer a wide range of programs for students and professionals, including study abroad programs, language courses, and internships.

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Global Educational Tourism Market Size, Share, Growth Analysis, By Type(Domestic educational tourism and international educational tourism), By Age Group(Below 18 years, 18-30 years) - Industry Forecast 2024-2031

Global Educational Tourism Market Insights

Global Educational Tourism Market Report Snapshots

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