Business and government domestic tourism consumption of education services in Australia stood at AUD 206.3 million in 2023. The forecasted values from 2024 to 2028 indicate a steady growth: AUD 212.9 million in 2024, AUD 219.2 million in 2025, AUD 225.3 million in 2026, AUD 231.3 million in 2027, and AUD 237.2 million in 2028. The year-on-year variations highlight a consistent growth pattern, with a projected CAGR of approximately 2.8% over the five-year period from 2024 to 2028.
Key Future Trends to Watch For:
- A rise in international collaborations and partnerships enhancing educational tourism
- Evolving technologies, such as virtual and augmented reality, augmenting the educational tourism experience
- Increased focus on sustainable and eco-friendly educational tourism practices