Press release
Geotourism Market Anticipated To Witness Robust Growth, Surpassing $956.06 Billion By 2029
Geotourism
What Is the Current Geotourism Market Size and Its Estimated Growth Rate?
The geotourism market has seen strong growth in recent years. It is expected to rise from $709.34 billion in 2024 to $755.06 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. This growth is attributed to the increasing popularity of nature-based and off-the-beaten-path travel, the availability of eco-friendly accommodations, the expansion of international travel and tourism markets, the rise of digital nomadism and remote working, and the influence of social media and travel influencers.
The geotourism market is expected to experience steady growth, reaching $956.06 billion by 2029, at a CAGR of 6.1%. The growth can be attributed to increased awareness around environmental conservation, the growing popularity of eco-friendly travel, rising interest in sustainable tourism practices, the expansion of adventure travel activities, and increasing disposable income that leads to higher consumer spending on travel. Major trends in the forecast period include the development of new geotourism destinations, advancements in travel and booking technology, strong marketing and promotion of geotourism destinations, collaborations between tourism operators and local communities, and improvements in transportation infrastructure to remote locations.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18626
How Are Emerging Segments Shaping the Geotourism Market Landscape?
The geotourism market covered in this report is segmented -
1) By Tour Type: Individual Travel, Professional Groups, Group Travels
2) By Tourism Type: Sustainable Tourism, Urban Geo-Tourism, Rural Geo-Tourism, Natural Tourism, Eco Geo-Tourism, Other Tourism Types
3) By Booking Channel: Phone Booking, Online Booking, In-Person Booking
4) By Direct Suppliers: Airlines, Hotel Companies, Car Rental, Train, Tour Operators, Government Bodies
5) By Application: Below 30 Years, 30-40 Years, 40-50 Years, Above 50 Years
Subsegments:
1) By Individual Travel: Solo Geotourism Adventures, Custom Or Personalized Geotourism Packages, Eco-Tourism For Solo Travelers, Geotourism For Cultural And Nature Exploration
2) By Professional Groups: Educational And Research-Based Geotours, Geotourism For Geology And Environmental Professionals, Corporate Team-Building Geotours, Professional Development Geotourism
3) By Group Travels: Guided Geotourism Group Tours, Nature And Adventure Geotours For Groups, Geotourism For Educational Institutions Or Clubs, Eco-Friendly Group Geotourism Expeditions
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18626&type=smp
Which Growth Factors Are Influencing Geotourism Market Expansion?
Increasing international travel is anticipated to drive the geotourism market. With better travel accessibility and global curiosity about cultures and environments, international tourists are increasingly drawn to geotourism, which emphasizes sustainability and local experiences. According to the UK's Office for National Statistics (May 2023), there were 31.2 million inbound visits in 2022, up from 6.3 million in 2021, while UK outbound travel rose to 71.0 million. Therefore, a surge in global tourism is boosting the geotourism market.
Who Are the Dominant Players Across Different Geotourism Market Segments?
Major companies operating in the geotourism market are TUI AG, China CYTS Tours Holding Co. Ltd., Abercrombie & Kent Group, Intrepid Travel Pty Ltd., Backroads Inc., Mountain Travel Sobek, Natural Habitat Adventures, G Adventures Inc., Omega World Travel Inc., Bu*tterfield & Robinson, World Expeditions, AAA Travel, Exodus Travels, JTB Americas Group, GeoEx Ltd., Adventure Life, Zegrahm Expeditions Inc., Naturetrek Ltd., National Geographic Expeditions, EcoTours International LLC, InnerAsia Travels, All Star Travel Group, Boundless Journeys Inc., AdventureSmith Explorations Inc., Wild Frontiers Ltd.
What Are the Major Trends Shaping the Geotourism Market?
Prominent entities in the geotourism industry are focusing on the creation of advanced technology products such as geolocation tools. Such products are aimed at elevating the traveller's experience via personalized and interactive journeys. This is achieved through technology or services that identify and leverage the exact geographic location of a device or user to offer location-specific information and functionalities. For example, OpenBet, a UK-based software enterprise, in May 2024 introduced a new product known as OpenBet Locator. This is a low latency geolocation product, developed utilizing the foundational infrastructure of Amazon Web Services, OpenBet's primary cloud provider. The objective of OpenBet Locator is to allow operators across the globe to pinpoint, target, and monitor their customers efficiently, while adhering to all regulatory obligations. It boasts of various features such as flexible geo-fence management, accurate location tracking, fraud protection through real-time detection of VPN and location spoofing. It also provides targeting for CRM, data analysis, in-venue promotions, supports a mobile wallet in a multi-tenant setup, and convenient, adjustable configuration alternatives to simplify business process workflows.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/geotourism-global-market-report
Which Geographic Regions Are Expected to Dominate the Geotourism Market in the Coming Years?
Asia-Pacific was the largest region in the geotourism market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the geotourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Geotourism Market?
2. What is the CAGR expected in the Geotourism Market?
3. What Are the Key Innovations Transforming the Geotourism Industry?
4. Which Region Is Leading the Geotourism Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Geotourism Market Anticipated To Witness Robust Growth, Surpassing $956.06 Billion By 2029 here
News-ID: 4040099 • Views: …
More Releases from The Business Research Company
Key Drivers Reshaping the Purvalanol A (CDK Inhibitor) Market: Increasing Preval …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Purvalanol A (CDK Inhibitor) Market Size Growth Forecast: What to Expect by 2025?
The market size for purvalanol A (CDK inhibitor) has witnessed a substantial expansion in the past few years. It is projected to escalate from $0.58 billion in 2024 to $0.64 billion in 2025, with a compound…
Growing Emphasis On Personalized Medicine Driving The Market Due To Advances In …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Polygenic Risk Score Services Market Size Growth Forecast: What to Expect by 2025?
The market size for polygenic risk score services has seen considerable growth in recent years. Anticipated to increase from $1.24 billion in 2024 to $1.45 billion in 2025, it projects a compound annual growth rate (CAGR)…
Future of the Global Pharmaceutical Unit-Dose Packaging Market: Trends, Innovati …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Pharmaceutical Unit-Dose Packaging Market Size Growth Forecast: What to Expect by 2025?
The market size of the pharmaceutical unit-dose packaging industry has experienced quick expansion in the recent past. The market, valued at $48.78 billion in 2024, is projected to rise to $54.50 billion in 2025, reflecting a compound…
Personal Care Product Testing Market Poised to Hit $10.37 Billion by 2029 with A …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Personal Care Product Testing Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size for personal care product testing has seen robust growth. It's projected to increase from $7.28 billion in 2024 to $7.84 billion in 2025, with a compound annual growth…
More Releases for Geotourism
Top Market Shifts Transforming the Geotourism Market Landscape: Key Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Geotourism Market Through 2025?
In recent years, the geotourism market has experienced robust growth. The market size is projected to increase from $709.34 billion in 2024 to $751.45 billion in 2025, at a compound annual growth rate (CAGR) of 5.9%. This surge…
Prominent Geotourism Market Trend for 2025: Technologically Advanced Geolocation …
Which drivers are expected to have the greatest impact on the over the geotourism market's growth?
The increasing number of international tourists is expected to boost the geotourism market. International tourism is rising due to better travel accessibility and a growing interest in cultural exploration. Geotourism appeals to international tourists by offering experiences that highlight unique geological features and sustainable travel practices. For example, the UK Office for National Statistics reported…
Major Force in the Geotourism Market 2025: Rising International Tourism Driving …
How Will the Geotourism Market Grow, and What Is the Projected Market Size?
The geotourism industry has experienced robust growth in its market size in the past few years. It is predicted to rise from $709.34 billion in 2024 to $755.06 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.4%. This historical expansion has been driven by various factors including the increasing popularity of travel routes less frequented…
Geotourism Market Report 2024: Sustainable Travel Trends and Global Growth
"Gain a competitive edge with up to 30% off in-depth market reports-uncover key trends, growth drivers, and forecasts today!
The new report published by The Business Research Company, titled Geotourism Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the geotourism…
Geotourism Market Trends is Electrifying Growth Cycle: UNESCO, Lonely Planet, Ea …
The Latest Study Published by HTF MI Research on the "Geotourism Market'' evaluates market size, trend and forecast to 2030. The Geotourism market study includes significant research data and evidences to be a practical resource document for managers and analysts is, industry experts and other key people to have an easily accessible and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges as well as information…
Geotourism Market Value Projected to Expand by 2027 | TUI AG, Butterfield & Robi …
Geotourism market survey attempts to provide every minuscule detail regarding business growth such as market tactics, pricing structure and customer buying attitude. End user section, competitor section and product type section are three key sections discussed here for the help of new entrants in the market. It then goes on to talk about several risks that are caused by COVID-19 pandemic to almost all the business industries and consequently it…
