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Global Adventure Tourism Market Research Report 2022-2027:

The latest report by IMARC Group, titled “Adventure Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

,” finds that the global adventure tourism market size reached US$ 852.4 Billion in 2021.

Adventure tourism is a form of travel or exploration that includes activities such as caving, climbing, cycling, hiking, hunting, and rafting. These activities involve a certain amount of risk for the duration of the travel. Adventure tourism is a rapidly expanding industry as it consists of cultural exchange, physical activities, and connecting with nature in exotic destinations, isolated locations and out-ofthe-comfort-zone destinations. These activities are carried out under the supervision of specialists and include necessary safety precautions such as helmets, harnesses, and other equipment. In addition to this, adventure tourism offers effective and economic incentives that enhance biocultural diversity while creating financial benefits for local and private industries. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Adventure Tourism Market Trends:

The market is primarily driven by the growing inclination toward adventure activities. The increasing popularity of attractive landscapes and different activities across various cities and countries are fueling the market growth. In addition to this, the rising penetration of social media networking and the growing popularity of travel and video blogging on platforms like Instagram, Facebook and Twitter are encouraging travelers to opt for adventure tourism activities.

Furthermore, various governments and key players are taking initiatives in the form of private and public partnerships to encourage tourism, which is propelling the market growth. Moreover, key players are also integrating adventure tourism with technologies, including virtual reality (VR), artificial intelligence (AI), and the Internet of Things (IoT), to offer an enhanced experience. Furthermore, the desire of young people to travel to new places has increased the demand for adventure sports and affordable travel packages, which is creating opportunities for the market.

Looking forward, the market is expected to grow at a CAGR of 20.23% during the forecast period (2022-2027). View Report TOC, Figures and Tables: https://www.imarcgroup.com/global-adventure-tourism-market