Find stats on top websites
Industry Landscape
The outdoor recreation industry is experiencing significant growth, driven by increasing consumer interest in health, wellness, and nature-based experiences. Non-profits in this sector, like Venture Outdoors, play a crucial role in providing accessible opportunities and fostering community, often relying on a mix of program fees, memberships, grants, and donations. There's a growing emphasis on inclusivity and environmental responsibility within the sector.
Total Assets Under Management (AUM)
Outdoor Recreation Economy in United States
~862 billion USD
(2.2% CAGR)
- Growth primarily driven by conventional outdoor activities like RVing and boating.
- Emerging segments like adventure sports also contributing.
- Government initiatives and conservation efforts play a role.
Total Addressable Market
862 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Augmented Reality (AR) for Navigation and Education
AR applications can overlay real-time navigational cues, educational content about flora/fauna, or historical facts onto a user's view through a smartphone or smart glasses during outdoor activities.
Wearable Technology for Health Monitoring and Gamification
Smartwatches and fitness trackers can monitor participants' health metrics during outings and enable gamified challenges to encourage engagement and goal achievement.
AI-Powered Personalized Experience Platforms
AI can analyze user preferences and past activity data to recommend highly personalized outdoor experiences, skill-building opportunities, and community connections.
Impactful Policy Frameworks
America's Outdoor Recreation Act (AORA) of 2024
This bipartisan bill aims to improve recreation infrastructure, streamline permitting processes for outdoor outfitters and guides on federal lands, and enhance outdoor access and experiences across the U.S.
This policy could simplify and potentially reduce the cost of obtaining permits for Venture Outdoors to conduct activities on federal lands, expanding their operational reach and reducing administrative burdens.
Great American Outdoors Act (GAOA) of 2020
The GAOA provides permanent full funding for the Land and Water Conservation Fund (LWCF) and establishes the National Parks and Public Land Legacy Restoration Fund to address deferred maintenance.
While not directly regulating non-profits, the GAOA's funding for park and trail maintenance benefits Venture Outdoors by ensuring better quality and more accessible infrastructure for their programming.
Biden Administration's America the Beautiful Initiative (2021)
This initiative outlines a decade-long conservation goal to conserve 30% of U.S. lands and waters by 2030, emphasizing inclusive, locally led conservation efforts and equitable access to nature.
This initiative aligns with Venture Outdoors' mission by promoting the creation and preservation of green spaces and encouraging broader community engagement in conservation, potentially opening new partnership and funding avenues.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
