The supply chain of Educational Tourism market is diverse and with ample future potential, fastest growing emerging markets like Vietnam, Kenya, and Jordan are creating a buzz among market players. The revenue growth for market players in these countries are expected to range between 13.3% and 17.7% annually which is a way above the global average of 14.8%. Moreover, the key opportunities, such as virtual reality in educational tourism and sustainable educational tourism, are anticipated to create revenue pockets.
Leading players such as Intrepid Travel, EF Education First, STA Travel, WorldStrides, Kaplan International Languages, StudentUniverse, Rustic Pathways, Tourism Australia, Projects Abroad, Brightspark Travel, Broadreach and Ciee are well placed to compete within the global market and shifting focus & efforts to improve market position in the frontier markets.
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Market Dynamics
Globalization & Increasing International Collaborations: In todays world® educational institutions worldwide are collaborating to offer joint educational programs that boost the educational tourism sectorTM Exchange programs and international events support strategic expansion by broadening students perspectives and fostering cross cultural awareness.
Advancement in Technology: Advancements in technology like reality and artificial intelligence along with enhanced mobile connectivity are enhancing immersive experiences and simplifying the organization of educational excursions. The use of technology facilitates access, to information making studying abroad more attainable and attractive and thereby fueling the expansion of the market.
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