Tourism Market Size | Growth, Trends & Insights 2025

Code: MTA10396 Publication Date: Oct 2025

What is the size of Tourism Market?

According to 6Wresearch internal database and industry insights, the Global Tourism Market was valued at USD 9823 Billion in 2024 and is expected to reach USD 15467 Billion by 2031, growing at a compound annual growth rate of 5.50% during the forecast period (2025-2031).

There are several factors contributing to the market expansion including the rise in international travel, increasing disposable income, growing interest in cultural and adventure tourism, advancements in digital booking platforms, and supportive government initiatives promoting travel and tourism infrastructure.

Key Growth Drivers of the Tourism Market

  • Increasing disposable income and changing consumer lifestyle preferences
  • Growth in adventure, eco, and cultural tourism segments
  • Increasing the number of digital and online booking sites
  • Development of sustainable and local tourism initiatives
  • Rising government investments in tourism infrastructure

Tourism Market Trends

Tourism Market is witnessing major growth trends with a rising preference for experiential travel and personalized itineraries. Combining virtual reality and artificial intelligence in travel planning is making customers more interested. More travelers who care about the environment are choosing eco-tourism and sustainable travel packages. Additionally, the industry is changing as the digital transformation through mobile apps and smart booking systems. The demand for wellness and medical tourism is also growing quickly, due to more people focusing on travel that is good for their health and relaxation. Moreover, the increasing disposable income and improved worldwide connectivity are further driving international travel and boosting the overall growth of the tourism market.

Emerging Developments in the Tourism Market

Tourism Market is evolving with the adoption of smart tourism technologies such as AI chatbots, IoT-enabled services, and digital identity verification. Strategic collaborations between travel agencies, airlines, and hospitality providers are improving customer experiences. The market is also seeing innovations in virtual tourism and augmented reality-based destination previews. Furthermore, data analytics is being increasingly used to personalize offers and predict traveler behavior. The expansion of eco-friendly resorts and smart city tourism projects is also contributing significantly to market development.

List of Leading Companies in the Tourism Market

Some of the leading companies include:

  • Expedia Group, Inc.
  • Booking Holdings Inc.
  • Trip.com Group Limited
  • Airbnb, Inc.
  • TUI Group
  • American Express Global Business Travel
  • Marriott International, Inc.

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