Learn more about the study abroad industry in the countries listed below and the study tourism industry in Australia, Canada, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Japan, South Korea, Spain, Sweden, United Kingdom and the United States.
Study abroad is a fast-growing industry and has been growing for decades, according to the International Council of Schools of Tourism.
Study away is a growing and fast-changing industry in which there are more than 2,000 companies offering study abroad services.
It’s the largest industry in tourism, accounting for nearly $1.6 trillion in revenue worldwide, according the World Tourism Organization.
“Study abroad has exploded in the last 20 years.
People are choosing to study abroad because they feel like they’re on a journey and not because they want to stay in one place forever,” said Steve Haney, CEO of the International Study Travel Association.
The study tourism business is growing quickly, especially in Asia, according Haney.
The number of companies offering travel-related services grew more than 20 percent in the first nine months of 2018, according US Travel & Leisure.
The market is booming and growing in China, India, Indonesia, the Philippines and South Korea.
The Chinese market is expected to reach $1 trillion in 2020, according Tourism & Leasing.
India’s market is also expected to surpass $1 billion in 2020 and India is expected for $1,300 billion in 2019, according W&L.
Indonesia, Vietnam, Cambodia and Thailand are also booming markets.
Australia’s market has seen a rapid growth in 2018 with the Australian Tourism Council predicting a total market of $2 trillion by 2021.
Australia is expected reach $2.7 trillion in 2021, according Travel &Leasing.
Australia was a key market for study tourism in the 1990s, according an International Study Tourism Association (ISA) report.
Australia hosts more than 50 percent of the world’s study tourism market, according TOO.
Study tourism has been booming for years.
There are over 2,100 companies offering the study travel services, with an average annual revenue of $600 million, according ISA.
According to Haney and other industry experts, study tourism is a booming industry that’s worth $2 billion to $3 billion annually.
“The market is really starting to boom in Australia.
We’re seeing a huge increase in business in the past few years.
This is something that people need,” said Haney of the market in Australia and around the world.
Haney said many people want to study in the US because it’s easy to get there, cheaper and offers good study options.
Australia also offers study abroad programs at universities and other colleges and universities.
In Australia, the University of New South Wales (UNSW) offers study away programs and also offers student internships to students.
Hanes says students are also able to travel with their study abroad students.
“We’re seeing this trend of people taking advantage of student intern opportunities,” he said.
The cost of study abroad in Australia is usually around $300 a night for three to six months, according ToO.
“It’s not cheap and the majority of people have to pay the full price, but that’s part of the bargain.
Students also can earn more for their study than what they would have otherwise,” Haney added.
Study on the move is a trend among the study tourists, who are moving to other countries.
According the ISA, study abroad has become a booming business worldwide and is expected in 2019 to reach more than $7 trillion.
According a study by the Association of British Travel Agents, a travel agency that represents study abroad companies, the average cost of a trip to another country in 2019 was $1 million.
According with the ISAC, study on the go is growing fast.
In 2018, the number of people who had booked a study abroad trip on a first-come first-served basis had doubled from 3.3 million to 6.5 million.
The industry is also seeing a rapid increase in international student enrollment.
According TOO, there are now about 1.8 million international students studying at British universities, up from 700,000 in 2017.