Generative Artificial Intelligence in Tourism Market 2030 Sees High Adoption in Hospitality and Travel Industry
Tech Innovations And The World Of Tourism: 7 Game-Changing AI Solutions International Generative Artificial Intelligence (GAI) in tourism Market place, was valued at USD 3.65 billion in 2023, and is predicted to develop at a price of 17.7 roughly develop to USD 3.65 between 2023 to 2030. This projected expansion corresponds to a strong compound annual growth rate (CAGR) of 155 from 2024 to 2030. Rising adoption of advanced AI solution to improve customer experiences and operational efficiency in tourism sector primarily drives the upward trajectory of the market. Market Definition and Market Estimation Generative Artificial Intelligence: Generative AI refers to a category of artificial intelligence technologies that are able to generate new content (texts, images, audio, and videos) by understanding patterns in the data they were trained on. Sentiment Analysis and GAI Applications in TourismIn the context of tourism, GAI applications include personalized travel recomm...