FMI unveils the thriving landscape of educational tourism in the US and Canada

29.08.2023 - 09:01 / traveldailynews.com / Vicky Karantzavelou

United States and Canada Educational Tourism Market Outlook (2023 to 2033).

The United States and Canada educational tourism market reached a valuation of US$ 83.1 billion in 2022. By the end of 2033, this market is expected to reach a valuation of US$ 304.3 billion.

Sales revenue is likely to increase at a CAGR of 12.6% during the forecast period from 2023 to 2033. The United States and Canada market holds a share of around 25 to 30% in the global educational tourism industry.

The market for education tourism in the United States and Canada has been experiencing significant growth in recent years. Both countries have established themselves as popular destinations for international students seeking high-quality education and cultural experiences.

There are several factors which contribute to growth in the market. Reputation of the United States and Canada-based diverse course offerings, educational institutions, favorable visa policies, and a welcoming environment for international students might support sales.

Availability of numerous types of scholarships for abroad education, internship programs, and other employment opportunities can further attract students from around the world. Educational institutes, multiple tours & travel agencies, and related service providers have responded by developing tailored programs.

They are also offering comprehensive support services and enhancing the student experience. This trend is expected to continue in the United States and Canada as it would help maintain their commitment to international education and continue to invest in the development of their education systems.

Both the United States and Canada have rich cultural and historical heritage, with numerous landmarks, museums, and UNESCO World Heritage sites. These attractions can draw tourists who are interested in learning about the history, art, architecture, and traditions of these countries.

The United States and Canada are also home to few of the world’s top-ranked universities and educational institutions. Several international students choose to study in these countries to benefit from their high-quality education systems. As a result, educational tourism is on the rise as students, families, and researchers visit campuses, attend conferences, or participate in exchange programs.

English and French are the primary languages spoken in the United States and Canada, respectively. Numerous individuals worldwide aspire to learn these languages to enhance their career prospects or communicate effectively in a globalized world. Educational tourism offers language immersion programs, language courses, and language-focused cultural experiences, which is set to aid demand.

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