Global Golf Tourism Market 2019-2023 | Advent of Integrated Mobile Solutions to Boost Growth | Technavio
The global golf tourism market is expected to post a CAGR of
close to 11% during the period 2019-2023, according to the latest
market research report by Technavio. Request a free sample
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Technavio has announced its latest market
research report titled global golf tourism market 2019-2023
(Graphic: Business Wire)
The growing number of international tourists, increasing
interest of golf among youth, and availability of international
standard golf courses are the few factors which are helping to
popularize golf. Governments of various countries are capitalizing
on the growing popularity of golf by creating exhaustive and
coordinated framework to promote golf tourism in their countries.
Several campaigns and workshops are being organized to promote the
development of golf tourism. Thus, the rising government support
for the promotion of golf tourism will boost the market growth
during the forecast period.
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As per Technavio, the advent of integrated mobile solutions,
will have a positive impact on the market and contribute to its
growth significantly over the forecast period. This research report
also analyzes other important trends and market drivers that will
affect market growth over 2019-2023.
Global Golf Tourism Market: Advent of
Integrated Mobile Solutions
Rising consumer expectations from golf clubs for real-time
offers and benefits increases the need for integrated mobile
solutions. These solutions have become imperative for golf clubs as
they provide members and customers with extensive mobile services.
Moreover, mobile solutions allow golfers to read club news, pay the
green fee, and update memberships. These solutions also provide
golf clubs with location-based records of their members when they
arrive at the course. Thus, the availability of integrated mobile
solutions will help boost global golf tourism market growth during
the forecast period of 2019-2023.
“The increasing emphasis on golf
infrastructure and the rising popularity of pro-golf tournaments
are some other major factors that will boost market growth during
the forecast period,” says a senior analyst at Technavio.
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Global Golf Tourism Market:
This market research report segments the global golf tourism
market by type (domestic and international) and geographical
regions (Americas, APAC, and EMEA).
The Americas led the market share in 2018, followed by EMEA and
APAC respectively. During the forecast period, the Americas is
expected to maintain its dominance over the global market. This is
due to the increasing expenditure on leisure activities such as
golf because of rising purchasing power, job security, and
increasing average income in the region.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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version on businesswire.com: https://www.businesswire.com/news/home/20191202005568/en/
Technavio Research Jesse Maida Media & Marketing Executive
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