Europe Sustainable Tourism Market Summary, Competitive Analysis and Forecast to 2027
Summary
Sustainable Tourism in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Sustainable tourism minimizes the negative impacts and maximizes the positive impacts of tourism as an activity while conserving resources or using them wisely to maintain their long-term viability. It takes full account of socioeconomic, cultural, and environmental impacts and addresses the needs of visitors, industry, and host communities. The market scope includes hotels & motels, travel intermediaries (travel agents, direct), food service (commercial food services), and transportation (airlines, passenger rail, road).
- The European sustainable tourism market had total revenues of $44.7 billion in 2022, representing a compound annual growth rate (CAGR) of 3.3% between 2017 and 2022.
- The international segment accounted for the market's largest proportion in 2022, with total revenues of $26.9 billion, equivalent to 60.1% of the market's overall value.
- The European sustainable tourism market was dominated by the UK, capturing a 20.1% share of the market value in 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the sustainable tourism market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the sustainable tourism market in Europe
- Leading company profiles reveal details of key sustainable tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe sustainable tourism market with five year forecasts
- What was the size of the Europe sustainable tourism market by value in 2022?
- What will be the size of the Europe sustainable tourism market in 2027?
- What factors are affecting the strength of competition in the Europe sustainable tourism market?
- How has the market performed over the last five years?
- Who are the top competitors in Europe's sustainable tourism market?
- Table Of Contents
- List of Tables
- List of Figures
- Executive Summary
- Players
- Financial Services Challenges
- The Impact of AI on Financial Services
- How AI helps resolve the challenge of personalization
- How AI helps tackle the challenge of cybersecurity and fraud risks
- How AI helps resolve the challenge of channel shift
- How AI helps tackle the challenge of ESG
- How AI helps tackle the challenge of the cost-of-living crisis
- Case Studies
- HSBC rolls out AI-powered multi-asset indexes for investors
- RBC offers an identity verification system for opening bank accounts
- DBS Bank uses AI to provide personalized banking
- Sapiens partners with Microsoft to provide insurers with generative AI solutions
- Munich Re provides disability insurers with AI-based claims guidance
- AI Timeline
- Market Size and Growth Forecasts
- Signals
- Mergers and acquisitions
- Patent trends
- Company filings trends
- Hiring trends
- AI Value Chain
- Hardware
- Semiconductors
- Cameras
- Sensors and lasers
- Servers
- Storage devices
- Networking equipment
- Edge equipment
- Data management
- Data governance and security
- Data storage
- Data processing
- Data aggregation
- Data integration
- Foundational AI
- Data science
- Machine learning
- 3D modeling
- Knowledge representation and reasoning
- Visualization engines
- Advanced AI capabilities
- Human-AI interaction
- Decision-making
- Motion
- Creation (also known as generative AI)
- Sentience
- Delivery
- Hardware appliance
- Licensed software
- Artificial intelligence as a service
- Companies
- Leading AI adopters in financial services
- Leading AI vendors
- Specialist AI vendors in financial services
- Sector Scorecards
- Retail banking sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Non-life insurance sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Key challenges facing the financial services sector.
- Table 2: Mergers and acquisitions
- Table 3: Leading AI adopters in financial services
- Table 4: Leading AI vendors
- Table 5: Specialist AI vendors in financial services
- Table 6: Glossary
- Table 7: GlobalData reports
- List of Figures
- Figure 1: Key players in AI
- Figure 2: Trending AI-related mentions on social media
- Figure 3: Thematic impact assessment for banks
- Figure 4: Thematic impact assessment for insurers
- Figure 5: The AI story
- Figure 6: The AI industry will grow at a CAGR of 35.2% between 2022 and 2030
- Figure 7: Patent publications for AI in the financial services sector peaked in 2021
- Figure 8: Companies in financial services are increasingly investing in AI
- Figure 9: AI features strongly in company filings in the financial services sector
- Figure 10: AI-related active job listings in the financial services sector peaked in June 2022
- Figure 11: Most active financial services companies hiring in the AI theme
- Figure 12: The AI value chain - An overview
- Figure 13: The AI value chain - Hardware - semiconductors
- Figure 14: The AI value chain - Hardware - cameras
- Figure 15: The AI value chain - Hardware – sensors and lasers
- Figure 16: The AI value chain - Hardware – servers
- Figure 17: The AI value chain - Hardware – storage devices
- Figure 18: The AI value chain - Hardware – networking equipment
- Figure 19: The AI value chain - Hardware – edge equipment
- Figure 20: The AI value chain - Data management
- Figure 21: The AI value chain - Foundational AI – data science
- Figure 22: The AI value chain - Foundational AI – machine learning
- Figure 23: The AI value chain - Foundational AI – 3D modelin
- Figure 24: The AI value chain - Foundational AI – knowledge representation and reasoning
- Figure 25: The AI value chain - Foundational AI – visualization engines
- Figure 26: The AI value chain - Advanced AI capabilities– human-AI interaction
- Figure 27: The AI value chain - Advanced AI capabilities– decision-making
- Figure 28: The AI value chain - Advanced AI capabilities– motion
- Figure 29: The AI value chain - Advanced AI capabilities– creation
- Figure 30: The AI value chain - Advanced AI capabilities– sentience
- Figure 31: The AI value chain - Delivery
- Figure 32: Who does what in the retail banking space?
- Figure 33: Thematic screen - Retail banking sector scorecard
- Figure 34: Valuation screen - Retail banking sector scorecard
- Figure 35: Risk screen - Retail banking sector scorecard
- Figure 36: Who does what in the non-life insurance space?
- Figure 37: Thematic screen - Non-life insurance sector scorecard
- Figure 38: Valuation screen - Non-life insurance sector scorecard
- Figure 39: Risk screen - Non-life insurance sector scorecard
- Figure 40: Our five-step approach for generating a sector scorecard
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook