Museums, Historical Sites, Zoos, And Parks Industry Insights 2025 – Market Forecast for Executives and Planners
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How Has the Museums, Historical Sites, Zoos, And Parks Market Size Changed, over the years?
The market sector encompassing museums, historic sites, zoos, and parks has seen a consistent increase in size in the past few years. Predictions indicate a rise from $92.47 billion in 2024 to $97.08 billion in 2025, with a compound annual growth rate (CAGR) of 5.0%. The expansion during the historic period has been influenced by aspects such as cultural interests, educational programs, government financial aid, endeavours to conserve, and infrastructure progress.
How Much Will the Museums, Historical Sites, Zoos, And Parks Market Be Worth in 2029?
The market size of museums, historical sites, zoos, and parks is anticipated to witness consistent growth in the upcoming years. The market is projected to expand to a size of $117.09 billion in 2029, growing at a compound annual growth rate (CAGR) of 4.8%. Factors contributing to this growth during the forecast period include sustainability initiatives, customised experiences, public-private collaborations, inclusive accessibility, and impact of global events. The key trends expected during the forecast period involve adapting technological advancements, integrating digital experiences, assimilation of technology, digital accessibility, and outdoor experiences.
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Which is the Largest Company in the Museums, Historical Sites, Zoos, And Parks Market?
Major companies operating in the museums, historical sites, zoos, and parks market include The Metropolitan Museum of Art, National Gallery of Art, Krusger, Smithsonian Institution Washington D.C., Musei Vaticani, The American Museum of Natural History, Museum of Science and Industry, Georgia Aquarium, Museum of Fine Arts Boston, The Art Institute of Chicago, Woodland Park Zoo, Zoological Garden of Berlin, Los Angeles County Museum of Art (LACMA), The Museum of Modern Art, Museo Nacional del Prado, British Museum, The State Hermitage Museum, National Museum of China, Musée du Louvre, National Museum of Natural History, National Air and Space Museum, Tokyo National Museum, Musée d’Orsay, Rijksmuseum, National Palace Museum, National Museum of the Philippines, Shanghai Museum, National Museum of Korea, Smithsonian’s National Zoo, ZooParc de Beauval, Schloss Schönbrunn
What Are the Main Market Drivers in the Museums, Historical Sites, Zoos, And Parks Industry?
Augmented reality (AR) technology is being leveraged by art event coordinators, museums, and zoos for creating authentic real-world experiences. This technology merges digital details with the user’s real-time environment. These days, museums, and zoos have started utilizing AR as a means to educate and amuse visitors with visual guided tours and true-to-life 3D content exhibitions. For example, the Cleveland Museum of Art employs AR technology to enable guests to interact with and obtain instant, comprehensive details about every art piece. Correspondingly, the Acropolis Museum in Athens, Greece, used the same technology to animate a collection of architectural and sculptural relics.
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How Is the Museums, Historical Sites, Zoos, And Parks Market Segments Structured?
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 Sources
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
Subsegments:
1) By Museums: Art Museums, Science Museums, Children’s Museums, History Museums
2) By Historical Sites: Heritage Sites, Archaeological Sites, Memorials and Monuments
3) By Zoos & Botanical Gardens: Zoos, Aquariums, Botanical Gardens, Wildlife Parks
4) By Nature Parks and Other Similar Institutions: National Parks, Wildlife Reserves, Nature Preserves, Eco-Tourism Parks
What Strategic Trends Are Transforming the Museums, Historical Sites, Zoos, And Parks Market?
Audio guides with prerecorded content are increasingly substituting traditional guides in museums and art galleries, offering visitors the opportunity to engage with additional, extra layers and unbiased information. These guides are offered via multimedia devices such as headphones, earphones, or headsets, and consist of prerecorded audio files in the selected language. These guides also serve as alternative revenue sources for the event organizers, with availability in a variety of languages and translations, usable by many at any given time. These museum audio guides are designed to increase visitor engagement, broaden accessibility, and furnish accurate and extra information to educate visitors in an unbiased manner. The Louvre Museum in France, which attracts 8 million visitors annually, has incorporated such audio guides to facilitate interaction with artwork information. Other museums that provide their visitors with prerecorded audio guides include the British Museum in England, the San Francisco Museum of Modern Art, and New Zealand’s Auckland War Memorial Museum.
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Which Global Regions Offer the Highest Growth in the Museums, Historical Sites, Zoos, And Parks Market?
North America was the largest region in the museums, historical sites, zoos, and parks market in 2024. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the museums, historical sites, zoos, and parks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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This Report Delivers Insight On:
1. How big is the museums, historical sites, zoos, and parks market, and how is it changing globally?
2. Who are the major companies in the museums, historical sites, zoos, and parks market, and how are they performing?
3. What are the key opportunities and risks in the museums, historical sites, zoos, and parks market right now?
4. Which products or customer segments are growing the most in the museums, historical sites, zoos, and parks market?
5. What factors are helping or slowing down the growth of the museums, historical sites, zoos, and parks market?
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