Museums, Historical Sites, Zoos, And Parks Global Market Report 2023

A museum is a structure or institution that houses and exhibits artifacts and other things of aesthetic, cultural, historical, or scientific significance. A historical site is an official site where parts of political, military, cultural, and social history are preserved for their cultural heritage. A zoo is a facility where various living animals can be enclosed and opened to the public for research purposes. A National park is a place where the natural environment is protected. They also participate in public recreation and entertainment activities. In national parks, landscapes, flora, and fauna exist in their natural state.

The main types of museums, historical sites, zoos, and parks are museums, historical sites, zoos & botanical gardens, nature parks, and other similar institutions. A museum is a structure or institution that houses and exhibits artifacts and other things of aesthetic, cultural, historical, or scientific significance. The various sources of revenue include tickets, food and beverages, and others. Men and females of different age groups such as those below 25 years, 25 to 39 years, 40 to 59 years, 60 to 74 years, and 75 years and above are the visitors of the museums, historical sites, zoos, and parks.

The global museums, historical sites, zoos, and parks market grew from $60.60 billion in 2022 to $96.99 billion in 2023 at a compound annual growth rate (CAGR) of 60.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The museums, historical sites, zoos, and parks market is expected to grow to $119.33 billion in 2027 at a CAGR of 5.3%.

The museums, historical sites, zoos, and parks market research report is one of a series of new reports that provides museums, historical sites, zoos, and parks services market statistics, including museums, historical sites, zoos, and parks services industry global market size, regional shares, competitors with museums, historical sites, zoos, and parks services market share, detailed museums, historical sites, zoos, and parks services market segments, market trends and opportunities, and any further data you may need to thrive in the museums, historical sites, zoos, and parks services industry. This museums, historical sites, zoos, and parks services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Prerecorded audio guides are being widely used in museums and art galleries as a replacement for conventional guides allowing visitors to interact with additional, enhanced, and unbiased information. Visitors are provided with multimedia content transmitters such as headsets, earphones, or headphones and audio guides with pre-recorded audio files in the language opted. These audio guides act as additional revenue streams for the organizers and are available in different languages and translated versions that can be used anytime by a large number of people. These museum audio guides help to enhance visitor engagement, improve accessibility, and provide additional and accurate information aiming to educate visitors with unbiased characteristics. Louvre Museum, France, with its 8 million visitors every year has introduced audio guides to interact with content about the pieces of art. Other museums offering visitors prerecorded audio guides are the British Museum in England, the San Francisco Museum of Modern Art, and the Auckland War Memorial Museum in New Zealand.

North America was the largest region in the museums, historical sites, zoos, and parks market in 2022. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the museums, historical sites, zoos, and parks market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the museums, historical sites, zoos, and parks market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam.

Art organizers, museums, and zoos are using augmented reality (AR) technology to create real-world experiences for customers. Augmented reality is the integration of digital information with the user’s environment in real time. Museums and zoos are now using augmented reality as a tool to educate and entertain the audience by creating a visual tour guide and displaying 3D content in a real-world camera view. For instance, the Cleveland Museum of Art is using augmented reality technology to let users interact and access the most current and comprehensive information about every piece of artwork in the museum. In Acropolis Museum in Athens, Greece, the team used AR technology to bring a collection of architectural and sculptural remains to life.

The museums, historical sites, zoos, and parks services market includes revenues earned by entities by operating areas or sites that conserve and exhibit objects of historical value such as archaeological sites, museums, live plant and animal life displays, and natural areas or settings. Revenues in this market include entry fees to museums, historical sites, zoos, and parks. The market also includes commissions or rental fees from shops or online cafes located in museums, historical sites, zoos, and parks. It also does not include revenue earned from trading artifacts or animals between entities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Major companies in the museums, historical sites, zoos, and parks market include Smithsonian Institution, Washington, D.C., The State Hermitage Museum, Krusger, Zoological Garden of Berlin, The American Museum of Natural History, National Museum of China, and British Museum.



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