Growth in per capita disposable income, availability of diversified gaming & entertainment options, rise in preference for indoor entertainment, continuous launch of new FECs supporting family activities, food & beverages integration, & participatory play, and increase in number of malls majorly drive the North America family entertainment centers market growth.
However, availability of home gaming & mobile devices, high initial cost, and increase in ticket prices are expected to hamper the market growth. Conversely, surge in investments in new games and attractions is expected to provide North America family entertainment centers market opportunity.
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By application, the arcade studios segment dominated the North America family entertainment centers market share in 2017, and is expected to remain dominant during the forecast period. This is attributed to the compact size of arcade studios and their easy installation especially in individual stores.
However, the AR & VR gaming zones segment is expected to register highest growth rate throughout the forecast period, as AR & VR gaming zones offer advanced entertainment experience, thereby boosting the revenue generation.
In 2017, the entry fees & ticket sales segment was the highest contributor to the North America family entertainment centers market, and is projected to remain dominant during the forecast period.
However, the food & beverage segment is expected to witness highest growth, due to increase in availability of different food options for kids as well as adults. Moreover, increase in preference for family entertainment centers for hosting corporate and birthday parties is increasing the revenue generation from the food & beverage segment.
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Some of the key market players profiled in the North America family entertainment centers market analysis include Cinergy Entertainment Group, CEC Entertainment, Inc., Dave & Buster’s, Inc., Disney, Lucky Strike Entertainment, Scene75 Entertainment Centers, SeaWorld Entertainment, Inc., Main Event Entertainment, iPlay America, and White Hutchinson Leisure & Learning Group, Inc.
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