Destination Marketing Sector to Achieve USD 513.1 Billion by 2034: A Transformative Journey Driven by Sustainability, Digital Innovation, and Cultural Rebranding | Future Market Insights, ...
KOMATSU LTD S/ADR (KMTUY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
With innovative strategies like experience marketing, VR, and POV videos, they captivate tourists seeking meaningful, immersive adventures over material acquisitions NEWARK, Del, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The global destination marketing market sector is poised for unprecedented growth, with its valuation projected to surge from USD 155.2 billion in 2024 to an impressive USD 513.1 billion by 2034, reflecting a robust CAGR of ~12.7%. This dynamic sector is becoming the cornerstone of the global tourism industry, leveraging innovative strategies to promote destinations and attract travelers worldwide. The destination marketing market is experiencing robust growth, driven by increasing global tourism industry , the rise of digital platforms, and shifting consumer preferences toward personalized travel experiences. Post-pandemic recovery in the travel sector has also significantly amplified the demand for destination marketing services. As consumers seek unique and authentic e
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