19 May
2022
The tourism industry plays an important role in a country's social and economic development. Developing countries are mainly dependent on the arrival of international tourists, often at the expense of the promotion of domestic tourism. Despite this, domestic tourism has evolved into one of the world's most important economic activities. A considerable number of developing countries have already recognized the potential economic advantages of domestic tourism and are working to establish and implement various strategies for the growth of domestic tourism.
Rise in inclination toward unique and exotic holiday experiences, increase in social media influence and its impact on the travel industry, and a surge in the trend of online bookings are major drivers for the growth of the global domestic tourism market. In addition, mobile applications, artificial intelligence, and big data analytics evolving together amidst proliferating tourism industry aids the market growth. According to Allied Market Research, the domestic tourism market is expected to reach $6,736.1 by 2030. The market is anticipated to grow at a significant CAGR of 13.4% from 2021 to 2030. The report offers a detailed analysis of domestic tourism market segmentation, including location, tour type, modes of booking, age group, and region.
Technology is an important aspect of the tourism and travel sector since it aids businesses in conducting day-to-day operations while also improving client satisfaction. The domestic tourism market growth has always benefited from technological advancements. With the introduction of web-based booking and the use of AI and IoT in operation optimization, technology is challenging the traditional market. Advanced technologies provide a seamless consumer experience when booking a vacation package, and they are expected to drive market growth in the coming years.
In addition, the outbreak of Covid-19 forced the tourism industry to adopt advanced technologies in response to changes in consumer behavior due to the pandemic. Here are some of the most recent and most cutting-edge technological trends in domestic and international tourism-
AI chatbots, recognition technology, augmented reality, artificial intelligence, big data, and predictive analysis are some other key trends in the tourism sector.
The pandemic has had a significant impact on the world and continues to do so in many areas. The outbreak of Covid-19 severely affected the global tourism industry. However, as the world is getting back to normalcy and with the relaxation of travel regulations, the domestic tourism market is expected to grow rapidly.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
Cheese Sauce: How Manufacturing Healthy and Vegan Alternatives Boosts the Potential of Brands?
Analyzing the Increasing Preference of Construction Companies for Artistic and Stained Glass
How Surface Computing Contributes to the Expansion of Multiple Industries?
Air Crane Helicopter: How Advanced Technology Integration Optimizes Operational Efficiency?
Which Latest Trends in the Cosmetics Industry Should Businesses Adopt to Stay Ahead of Their Peers?
How Are Bicycle Manufacturers Responding to the Evolution in the Gear Bicycle Industry?
How Investment in Green Hydrogen Technology Is a Profitable Business Decision?
Cash in Transit: How Advanced Telematics Improves the Security of Financial Service Businesses?