Market Overview:
The global tourism guidance service market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing number of tourists and the rising demand for quality tourism services. In terms of type, the human services segment is expected to dominate the market during the forecast period. This can be attributed to the growing demand for personalized services by tourists.
Product Definition:
The definition of tourism guidance service is a service that provides information and assistance to tourists. This can include things like providing directions, helping with reservations, or recommending attractions and activities. The importance of tourism guidance service is that it helps make the tourist experience smoother and more enjoyable. It can also help to ensure that tourists have a positive impression of the destination they are visiting.
Human Services:
Human services is the catchall term used to collectively refer to various fields that deal with the welfare of individuals and society. The human services industry includes a wide range of social work, counseling, therapy, case management, health care administration among others. Human service employment is expected to grow at a significant rate over the forecast period owing to increasing government initiatives for poverty alleviation and economic development coupled with growing awareness about mental health issues in countries such as India & China among other developing nations.
Non-human Service:
Non-human service is a term used to define the guidance and services which are not provided by or through human beings. It includes animal characters, robots, chatbots, and other intelligent interfaces that provide information and help users in various ways. Non-human services can be either autonomous or semi-autonomous. They can provide information on one specific subject (e.g., sports) or can address a wide range of subjects (e.g., culture).
Application Insights:
The ordinary tourist segment dominated the global tourism guidance service market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in the number of travelers across the globe. According to a study conducted by World Travel & Tourism Council (WTTC), there was a rise of 9% in international leisure travelers from 2016 to 2017 and domestic leisure travelers grew by 7%. Furthermore, according travel industry trends and research firms such as OAGSROEM LLC., it is anticipated that more than 50 million international tourists will travel globally during 2018-19 season which is expected to boost demand for tourism services worldwide.
The other segment includes business or group tours as well as special interest tours where customers require customized solutions along with professional assistance throughout their journey planning and vacation packages including flight itineraries, accommodation options etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing foreign tourist arrivals in countries such as China, India, Thailand and Malaysia. In addition, rising investments by international tourism companies such as Marriott International Inc.; Accor Group; InterContinental Hotels Group PLC; Hyatt Hotels Corporation; Shangri-La Hotel Management Limited are anticipated to drive growth over the next eight years.
North America is projected to witness significant growth from 2018 to 2030 owing to a rise in expenditure on leisure travel by U.S.-based ordinary tourists along with business travelers across major cities including New York City (NYC) and Los Angeles (LA). Moreover, growing popularity of destination weddings among millennials has resulted into an increase in wedding tour operators who offer customized trips for these occasions thereby driving regional demand for tourism guidance services over the forecast period.
Growth Factors:
- Increasing disposable income of people: The growth in the tourism sector is mainly attributed to the increase in disposable income of people, which has led to a rise in the number of luxury travelers.
- Proliferation of online travel booking platforms: The growth of online travel booking platforms has made it easier for travelers to book their trips and find information about different tourist destinations. This has helped boost the tourism sector as a whole.
- Rise in international tourist arrivals: The number of international tourists arriving at different destinations around the world has been increasing steadily over the past few years, thereby contributing to the growth of the tourism sector.
- Increase in global spending on travel and tourism: According to a study by World Travel & Tourism Council (WTTC), global spending on travel and tourism is expected to grow from trillion in 2016 to trillion by 2027, representing an average annual growth rate (CAGR)of 4%. This will contribute significantly towardsthegrowthoftheTourismGuidanceService marketovertheforecastperiod . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Tourism Guidance Service Market Research Report
By Type
Human Services, Non-human Service
By Application
Travel Agency, Ordinary Tourists, Other
By Companies
Carlson Wagonlit Travel, Central America Travel Services, Regency Travel & Tours, Cox & Kings, MakeMyTripSOTC, Thomas Cook, Yatra, Airbnb, Busindia, Cleartrip, Expedia, IRCTC, Meru, Ola, OYO Rooms, Treebo, Uber
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Tourism Guidance Service Market Report Segments:
The global Tourism Guidance Service market is segmented on the basis of:
Types
Human Services, Non-human Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Travel Agency, Ordinary Tourists, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carlson Wagonlit Travel
- Central America Travel Services
- Regency Travel & Tours
- Cox & Kings
- MakeMyTripSOTC
- Thomas Cook
- Yatra
- Airbnb
- Busindia
- Cleartrip
- Expedia
- IRCTC
- Meru
- Ola
- OYO Rooms
- Treebo
- Uber
Highlights of The Tourism Guidance Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Human Services
- Non-human Service
- By Application:
- Travel Agency
- Ordinary Tourists
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tourism Guidance Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Tourism Guidance Service is a government-funded organization that provides information and advice to tourists about the best places to visit in Canada. The service also offers travel advisories for specific destinations, such as the Rocky Mountains or Quebec City.
Some of the key players operating in the tourism guidance service market are Carlson Wagonlit Travel, Central America Travel Services, Regency Travel & Tours, Cox & Kings, MakeMyTripSOTC, Thomas Cook, Yatra, Airbnb, Busindia, Cleartrip, Expedia, IRCTC, Meru, Ola, OYO Rooms, Treebo, Uber.
The tourism guidance service market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tourism Guidance Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tourism Guidance Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tourism Guidance Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tourism Guidance Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tourism Guidance Service Market Size & Forecast, 2018-2028
4.5.1 Tourism Guidance Service Market Size and Y-o-Y Growth
4.5.2 Tourism Guidance Service Market Absolute $ Opportunity
Chapter 5 Global Tourism Guidance Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Tourism Guidance Service Market Size Forecast by Type
5.2.1 Human Services
5.2.2 Non-human Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tourism Guidance Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Tourism Guidance Service Market Size Forecast by Applications
6.2.1 Travel Agency
6.2.2 Ordinary Tourists
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tourism Guidance Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tourism Guidance Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Tourism Guidance Service Analysis and Forecast
9.1 Introduction
9.2 North America Tourism Guidance Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Tourism Guidance Service Market Size Forecast by Type
9.6.1 Human Services
9.6.2 Non-human Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Tourism Guidance Service Market Size Forecast by Applications
9.10.1 Travel Agency
9.10.2 Ordinary Tourists
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Tourism Guidance Service Analysis and Forecast
10.1 Introduction
10.2 Europe Tourism Guidance Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Tourism Guidance Service Market Size Forecast by Type
10.6.1 Human Services
10.6.2 Non-human Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Tourism Guidance Service Market Size Forecast by Applications
10.10.1 Travel Agency
10.10.2 Ordinary Tourists
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Tourism Guidance Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tourism Guidance Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Tourism Guidance Service Market Size Forecast by Type
11.6.1 Human Services
11.6.2 Non-human Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Tourism Guidance Service Market Size Forecast by Applications
11.10.1 Travel Agency
11.10.2 Ordinary Tourists
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Tourism Guidance Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Tourism Guidance Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Tourism Guidance Service Market Size Forecast by Type
12.6.1 Human Services
12.6.2 Non-human Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Tourism Guidance Service Market Size Forecast by Applications
12.10.1 Travel Agency
12.10.2 Ordinary Tourists
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Tourism Guidance Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tourism Guidance Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Tourism Guidance Service Market Size Forecast by Type
13.6.1 Human Services
13.6.2 Non-human Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Tourism Guidance Service Market Size Forecast by Applications
13.10.1 Travel Agency
13.10.2 Ordinary Tourists
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tourism Guidance Service Market: Competitive Dashboard
14.2 Global Tourism Guidance Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carlson Wagonlit Travel
14.3.2 Central America Travel Services
14.3.3 Regency Travel & Tours
14.3.4 Cox & Kings
14.3.5 MakeMyTripSOTC
14.3.6 Thomas Cook
14.3.7 Yatra
14.3.8 Airbnb
14.3.9 Busindia
14.3.10 Cleartrip
14.3.11 Expedia
14.3.12 IRCTC
14.3.13 Meru
14.3.14 Ola
14.3.15 OYO Rooms
14.3.16 Treebo
14.3.17 Uber
