There are approximately 15,000 superyachts in the world as of recent estimates. These yachts are typically defined as luxury vessels that are at least 24 meters (about 79 feet) in length. The number continues to grow as more yachts are built each year, with the industry seeing steady demand for both new custom-built superyachts and pre-owned vessels. The majority of these yachts are concentrated in regions like the Mediterranean and the Caribbean, but they can be found globally in various prestigious cruising destinations.