Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3 Trillion | USD 11 Trillion | 15.5% | 2023 |
The global sustainable tourism apps market size was evaluated at $3 trillion in 2023 and is slated to hit $11 trillion by the end of 2032 with a CAGR of nearly 15.5% between 2024 and 2032.
Sustainable tourism has gained enormous popularity, with people preferring to reduce their travel activities' impact on the environment. Moreover, there are a slew of smartphone apps that help travelers make eco-friendly travel choices. Reportedly, some of the sustainable tourist apps cater to various forms of travel, such as FairTrip, Komoot, HappyCow, Localvore, AWorld in Support of ActNow, and ITILITE.
Technological innovations and the use of mobiles to multiply the growth of the market globally over 2024-2032
Surging environmental awareness in consumers owing to media influence on consumers pertaining to climatic changes & sustainability will drive the global sustainable tourism apps market trends. Moreover, technological breakthroughs such as new app development and smartphone penetration are anticipated to prop up the expansion of the market globally.
Supportive government policies and favorable incentives such as tax subsidies & discounts on the use of eco-friendly travel apps will expand the scope of the global market. Swiftly changing traveler choices and an increase in competition among business players will accelerate the growth of the market globally. Strategic alliances with sustainable tourism firms and accreditation of these firms by the government can uplift global market earnings in the next couple of years.
Stringent laws regulating the use of sustainable tourism apps can degrade the global industry surge by 2032
Growing development costs, technical complexity, and the digital divide can deride the global sustainable tourism apps industry in the coming years. Moreover, strict laws governing the use of sustainable tourism apps and a challenge for retaining travelers have generated many hurdles in the growth of the global industry.
A surge in the use of educational tools in these apps can prop up the market evolution in the coming years
An increase in niche market targeting and integration of tourism apps with current travel tools can prop up the growth of the sustainable tourism apps market. Additionally, the swift development of an application programming interface for easy & real-time access to sustainable tourism apps and the inclusion of gamification & educational elements in these apps can unravel new growth opportunities for the global market.
Non-uniformity in-app operations can pose a humungous threat to global industry expansion by 2032
Lack of uniform functionalities & certifications along with the constant requirement of data updating leading to low speed of the apps can challenge the growth of the global sustainable tourism apps industry. Moreover, the lack of use of these apps and the complexities involved in the functionalities can erode the industry growth.
The global sustainable tourism apps market is divided into tourism type, traveler type, and region.
In terms of tourism type, the sustainable tourism apps market across the globe is segmented into eco-tourism, soft tourism, community tourism, and green tourism segments. Apparently, the eco-tourism segment, which accumulated nearly 74% of the global market revenue in 2023, is anticipated to account for the fastest CAGR during the coming years as a result of surging awareness about eco-tourist activities, focus on conservation, and reduction of environmental degradation.
Based on the traveler type, the global sustainable tourism apps industry is segmented into package travelers, independent travelers, and tour groups segments. Apparently, the independent travelers segment, which led the global industry in 2023, is likely to contribute significantly towards the segmental growth globally in the ensuing years. This can be a result of the massive demand for immersive & personalized experiences by independent travelers. A surging awareness among the GenZ population and millennials will spur the segmental surge in the coming years.
Report Attributes | Report Details |
---|---|
Report Name | Sustainable Tourism Apps Market |
Market Size in 2023 | USD 3 Trillion |
Market Forecast in 2032 | USD 11 Trillion |
Growth Rate | CAGR of 15.5% |
Number of Pages | 222 |
Key Companies Covered | Sustainable Travel International, TripAdvisor, Expedia, BookDifferent, Ecosia, Fairbnb, Komoot, HappyCow, Green Globe, Local Food Heroes., and others. |
Segments Covered | By Tourism Type, By Traveler Type, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is likely to maintain leadership position in the global market over the projected timespan
North America, which contributed about 41.1% of the global sustainable tourism apps market size in 2023, is set to establish a number one position in the global market in the ensuing years. In addition to this, the regional market progression in the coming eight years can be attributed to growing awareness about maintaining a clean environment, favorable government laws, and varied tourist activities. Additionally, easy availability of strong infrastructure facilities in the countries such as the U.S. and Canada is anticipated to boost the regional market trends.
The Asia-Pacific sustainable tourism apps industry is expected to record the fastest CAGR annually in the coming few years. The expansion of the industry in the continent can be owing to the swift economic growth in the region, favorable government programs, and sustainable tourism activities in countries such as China, India, and Japan. Presence of key players in these countries will further steer the industry surge in the region.
The global sustainable tourism apps market profiles key players such as:
By Tourism Type
By Traveler Type
FrequentlyAsked Questions
Sustainable tourism has gained enormous popularity, with people preferring to reduce their travel activities' impact on the environment. Moreover, there are a slew of smartphone apps that help travelers make eco-friendly choices related to travel, and these are referred to as sustainable tourism apps.
The global sustainable tourism apps market's growth over the forecast period can be attributed to supportive government policies and favorable incentives such as tax subsidies and discounts on the use of eco-friendly travel apps.
According to a study, the global sustainable tourism apps industry size was $3 trillion in 2023 and is projected to reach $11 trillion by the end of 2032.
The global sustainable tourism apps market is anticipated to record a CAGR of nearly 15.5% from 2024 to 2032.
The Asia-Pacific sustainable tourism apps industry is set to register the fastest CAGR over the forecasting timeline owing to swift economic growth in the region, favorable government programs, and sustainable tourism activities in countries such as China, India, and Japan. The presence of key players in these countries will further steer the industry surge in the region.
The global sustainable tourism apps market is led by players such as Sustainable Travel International, TripAdvisor, Expedia, BookDifferent, Ecosia, Fairbnb, Komoot, HappyCow, Green Globe, and Local Food Heroes.
The global sustainable tourism apps market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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