Emergen Research has recently added a new report titled Global Metaverse in Travel and Tourism Market that provides an extensive analysis of the Metaverse in Travel and Tourism market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Metaverse in Travel and Tourism market.

Virtual reality and augmented reality have made it possible to provide more immersive travel experiences and in turn, accelerated integration of metaverse in travel and tourism industry. Metaverse has the potential to change the way travelers engage in pre, post, and in-trip purchases and become an essential part of the travel ecosystem. Rapid technological adoption by travel and tourism companies to create substitutes for real-time travel, increasing investment to create 3D virtual tours, and rising use of metaverse platforms to enhance hospitality services are some key factors expected to boost market revenue growth over the forecast period. In addition, increasing utilization of metaverse by travel and tourism companies to enhance their destination reputation, create immersive marketing experiences, and offer essential information to customers about room booking, room size, and features is another key factor expected to boost revenue growth of the market going ahead.

 The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.

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Rapid technological advancements and economic growth are key factors expected to drive market growth over the forecast period. The report further provides a comprehensive analysis of the competitive landscape and provides a complete coverage with regards to company’s profiles, product portfolio, revenue generation, financial standing and market position.

Top Companies Operating in the Metaverse in Travel and Tourism Market and Profiled in the Report are:

    • The Boeing Company
    • Mytaverse
    • Marriot International
    • First Airlines
    • LynKey
    • Ariva
    • Color Star Technology Co. Ltd.
    • Powerbridge Technologies Co., Ltd.
    • Beyondvision Cultural Development Co., Ltd.
    • Meta Platforms. Inc.
    • Google LLC
    • Microsoft Corporation

It further offers a comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements is expected to add traction to market growth going ahead. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.

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Regional analysis of the Metaverse in Travel and Tourism market includes analysis of the production and consumption ratio, supply and demand dynamics, regional trends and growth drivers, growth prospects, presence of key manufacturers and vendors, and market size and share in key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The report further offers key insights into country wise analysis and major factors driving revenue growth of each regional market.

Detailed Regional Analysis Covers:

  • North America
    • Canada
    • S.
    • Mexico
  • Europe
    • Germany
    • Italy
    • K.
    • Rest of EU
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • A.E
    • Rest of MEA

For the purpose of this report, Emergen Research has segmented the global metaverse in travel and tourism market on the basis of component, technology, end use, and region:

Component Outlook (Revenue, USD Billion; 2018-2030)

  • Hardware
  • Software

Technology Outlook (Revenue, USD Billion; 2018-2030)

  • Blockchain
  • Augmented Reality (AR)
  • Virtual Reality (VR)
  • Mixed Reality (MR)
  • Extended Reality (XR)

End Use Outlook (Revenue, USD Billion; 2018-2030)

  • Room Tours
  • Destination Tours
  • Theme Parks and Museums
  • Natural Attractions
  • Trade Shows & Expos
  • Others

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