Market revenue in 2022 | USD 365,900.0 million |
Market revenue in 2030 | USD 974,727.4 million |
Growth rate | 13% (CAGR from 2022 to 2030) |
Largest segment | 16-25 years |
Fastest growing segment | Less than 15 years |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Less than 15 years, 16-25 years, 26-40 years, 41-55 years |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to educational tourism market will help companies and investors design strategic landscapes.
16-25 years was the largest segment with a revenue share of 40.78% in 2024. Horizon Databook has segmented the Global educational tourism market based on less than 15 years, 16-25 years, 26-40 years, 41-55 years covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing government initiatives to boost education tourism is creating the demand for authentic regional learning experience. The benefits of educating students through domestic or international travel to attractive destinations, artifacts, and activities are key factors boosting educational tourism. Governments worldwide have actively supported the modernization of their education systems by introducing programs for smart learning and aligning educational initiatives with international teaching standards.
As a component of the larger National Security Language Initiative, which was started in 2006 by several U.S. government agencies, NSLI-Y plays a vital role in preparing American students for the 21st century global workforce. Additionally, it supports national security initiatives by promoting cross-cultural understanding and long-lasting relationships between American students and their foreign counterparts, who act as American ambassadors overseas.
Horizon Databook provides a detailed overview of global-level data and insights on the Global educational tourism market , including forecasts for subscribers. This global databook contains high-level insights into Global educational tourism market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Age Group | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
North America | 158,997.7 | 170,142.3 | 183,859.9 | 87,435.5 | 95,803.8 | 105,708.5 | 116,904.7 | 129,594.8 | 144,018.3 | 160,458.7 | 179,253.7 | 200,805.9 | 225,597.8 | 254,208.9 | 11.6% |
Europe | 104,930.6 | 113,446.9 | 123,878.0 | 59,536.3 | 65,936.1 | 73,545.9 | 82,234.2 | 92,181.9 | 103,604.7 | 116,760.9 | 131,960.8 | 149,578.2 | 170,065.2 | 193,970.8 | 12.9% |
Asia Pacific | 191,281.0 | 209,231.0 | 231,123.9 | 112,358.1 | 125,855.9 | 141,969.2 | 160,520.6 | 181,938.5 | 206,737.3 | 235,536.0 | 269,082.8 | 308,284.8 | 354,245.6 | 408,313.3 | 14.1% |
Latin America | 22,062.7 | 23,700.3 | 25,712.0 | 12,276.6 | 13,506.7 | 14,965.3 | 16,620.9 | 18,505.3 | 20,656.3 | 23,118.7 | 25,946.2 | 29,203.4 | 32,967.5 | 37,332.1 | 12.1% |
MEA | 41,544.2 | 45,098.0 | 49,443.8 | 23,858.8 | 26,530.1 | 29,711.1 | 33,354.5 | 37,539.4 | 42,360.2 | 47,930.4 | 54,386.4 | 61,893.1 | 70,650.7 | 80,902.4 | 13.3% |
Overall | 518,816.2 | 561,618.5 | 614,017.5 | 295,465.2 | 327,632.5 | 365,900.0 | 409,634.9 | 459,759.9 | 517,376.7 | 583,804.7 | 660,629.9 | 749,765.3 | 853,526.6 | 974,727.4 | 13.0% |
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