The Museums, Historical Sites, Zoos, And Parks Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Museums, Historical Sites, Zoos, And Parks Global Market Report 2024, The museums, historical sites, zoos, and parks market size has grown strongly in recent years. It will grow from $76.94 billion in 2023 to $82.07 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to cultural interest, educational programs, government funding, conservation efforts, infrastructure development.
The museums, historical sites, zoos, and parks market size is expected to see strong growth in the next few years. It will grow to $106.86 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to sustainability initiatives, personalized experiences, public-private partnerships, inclusive accessibility, global events impact. Major trends in the forecast period include adaptation to technological advancements, digital experience integration, technological integration, digital accessibility, outdoor experiences.
Art organizers, museums, and zoos are using augmented reality (AR) technology to create real-world experiences for customers. Augmented reality is the integration of digital information with the user’s environment in real time. Museums and zoos are now using augmented reality as a tool to educate and entertain the audience by creating a visual tour guide and displaying 3D content in a real-world camera view. For instance, the Cleveland Museum of Art is using augmented reality technology to let users interact and access the most current and comprehensive information about every piece of artwork in the museum. In Acropolis Museum in Athens, Greece, the team used AR technology to bring a collection of architectural and sculptural remains to life.
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The museums, historical sites, zoos, and parks market covered in this report is segmented –
1) By Type: Museums, Historical Sites, Zoos & Botanical Gardens, Nature Parks and Other Similar Institutions
2) By Revenue Source: Tickets, Food and Beverages, Other Revenue Souces
3) By Visitors’ Age Group: Below 25 Years, 25 to 39 Years, 40 to 59 Years, 60 to 74 Years, 75 Years and Above
4) By Visitors’ Gender: Male, Female
Major companies operating in the museums, historical sites, zoos, and parks market are focusing on the development of innovative technologies, such as AI assistants, to provide reliable services to customers. An AI assistant is a piece of software that employs artificial intelligence to carry out certain activities and deliver information. For instance, in April 2022, Satisfi Labs, a US-based conversational AI platform, launched Animal Assistant. It is an AI solution that serves as an expert in helping guests find animals on-site and learn more about each species. The solution enables the guests to ask the Animal Assistant questions about animal species and animal groups in natural language. Without having to ask for an animal by name, the Animal Assistant also offers guests who wish to learn more about the animals that are accessible at a particular area educational information and a guided experience.
The museums, historical sites, zoos, and parks market report table of contents includes:
- Executive Summary
- Museums, Historical Sites, Zoos, And Parks Market Characteristics
- Museums, Historical Sites, Zoos, And Parks Market Trends And Strategies
- Museums, Historical Sites, Zoos, And Parks Market – Macro Economic Scenario
- Global Museums, Historical Sites, Zoos, And Parks Market Size and Growth
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- Global Museums, Historical Sites, Zoos, And Parks Market Competitive Benchmarking
- Global Museums, Historical Sites, Zoos, And Parks Market Competitive Dashboard
- Key Mergers And Acquisitions In Museums, Historical Sites, Zoos, And Parks Market
- Museums, Historical Sites, Zoos, And Parks Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- The Metropolitan Museum of Art
- National Gallery of Art
- Krusger
- Smithsonian Institution Washington D.C.
- Musei Vaticani
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