Student travel helps student in adapting new environment while still maintaining work. It teaches new ways of learning, and maybe even new languages. Studying abroad shows employers that it take an initiative to learn, and can handle being in vastly different and potentially chaotic environments. Various factors like growing industrial tours for student, adapting new environment, going for workshops or competition are the driving factors for the student travel market. While the situation of current scenario like lockdown due to noble coronavirus is hampering the traveling market.
|Unit||Value (USD Million)|
|Key Companies Profiled||Brightspark Travel (United States), Education First (United States), Globus Student Discoveries (United States), Straight A Tours (United States), WorldStrides (United States), ACIS (United States), Student Universe (United States), Ellison Travel & Tours (Canada), Key Travel (United Kingdom) and STA Travel (Australia)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility|
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Student Travel Market Study:
Brightspark Travel (United States), Education First (United States), Globus Student Discoveries (United States), Straight A Tours (United States), WorldStrides (United States), ACIS (United States), Student Universe (United States), Ellison Travel & Tours (Canada), Key Travel (United Kingdom) and STA Travel (Australia)
Student Travel Market Segment Analysis
|Application / End User||Student Competition, Workshop Attending, Industrial Tour and Other|
|Type||Below 3 Days, 3 to 7 Days and Above 7 Days|
|End User||Primary School Students,Middle & High School Students,College Students|
Growing Demand from Industrial Tour for Students Across the World
Market Growth Drivers:
Growing Worldwide Travel & Tourism Sector and Growing Demand for Managed Services by Schools
The Downfall of Travel & Tourism Sector at Current Situation Due to Reduced Demand for Travel is one of the Major Challenge for the Market
The Outbreak of COVID-19 Pandemic is one of the Major Restraints for the Market as Most of the School have been Facing Crisis Across the World
Increased Government Spending On School Traveling
. The Global Student Travel market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Stringent Worldwide Government Regulations Regarding Shutting Down Cities Across Different Countries of the World to Avoid the Spread of COVID-19
Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Student Travel market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Student Travel market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, School or Education Hub, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.