The market is driven by increasing demand for AR and VR technology, growing Internet penetration and implementation of 5G, and the introduction of digital assets in the metaverse
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The metaverse market in the travel and tourism industry is poised to grow by $188.24 billion during 2022-2026, accelerating at a CAGR of 26.01% during the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
This report on the metaverse market in the travel and tourism industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment.
The market is driven by increasing demand for AR and VR technology, growing Internet penetration and implementation of 5G, and the introduction of digital assets in the metaverse.
The metaverse market in travel and tourism industry analysis includes application segment and geographic landscape.
The metaverse market in the travel and tourism industry is segmented as below:
By Application
- AR
- Blockchain
- VR
- MR
- X
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. This report covers the following areas:
- Metaverse market in travel and tourism industry sizing
- Metaverse market in travel and tourism industry forecast
- Metaverse market in travel and tourism industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global metaverse market in the travel and tourism industry: Accenture Plc, ALTERATION INDORUSSIA.COM, Ariva Digital, Infosys Ltd., LynKey International Ltd., Marriott International Inc., Mytaverse Inc., Powerbridge Technologies Co. Ltd., Qatar Airways Group, Queppelin, and Wilkins Avenue AR.Commenting on the report, an analyst said: ''The latest trend gaining momentum in the market is increasing focus on increasing booking volume by enhancing the booking experience.''
According to the report, one of the major drivers of this market is the increasing demand for ar and VR technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture PLC
- ALTERATION INDORUSSIA.COM
- Ariva Digital
- Infosys Ltd.
- LynKey International Ltd.
- Marriott International Inc.
- Mytaverse Inc.
- Powerbridge Technologies Co. Ltd.
- Qatar Airways Group
- Queppelin
- Wilkins Avenue AR
