According to the report, the global family/indoor entertainment centers industry generated $25.14 billion in 2020, and is expected to reach $69.55 billion by 2030, witnessing a CAGR of 10.9% from 2021 to 2030.
Favorable youth demographics and continuous launch of new FECs supporting family activities, F&B integration, and participatory play boost the growth of the global family/indoor entertainment centers market. In addition, increase in number of malls positively impacts the growth of the market. However, increase in ticket prices and rise in popularity of home and mobile gaming hamper the market growth. On the contrary, surge in investments in new games and attractions
Download Report Sample (302 Pages PDF with Insights) at:
Based on type, the children entertainment centers (CECs) segment held more than one-third of the global family/indoor entertainment centers market in 2020, and is estimated to maintain its dominance in terms of revenue by 2030. This is attributed to focus toward child/parent interactions along with child play activities and entertainment for children. However, the location-based entertainment centers (LBECs) segment is expected to portray the highest CAGR of 12.8% during the forecast period, owing to integration of virtual reality in LBECs that became an attractive option for curious consumers and VR aficionados.
Based on activity area, the arcade studios segment contributed to the highest market share in 2020, accounting for around one-fourth of the global family/indoor entertainment centers market, and is expected to maintain its leadership status by 2030. This is attributed to rise in spending by children and young age members on entertainment activities in arcade studios. However, the AR & VR gaming zones segment is estimated to manifest the largest CAGR of 12.3% during the forecast period. This is due to its realistic and engaging experiences for not only children but also adults.
Based on region, North America accounted for the highest market share in 2020, holding more than one-third of the total market share of the global family/indoor entertainment centers industry, and is estimated to maintain its lead position throughout the forecast period. This is due to presence of a large number of players and rise in popularity of adventurous games and sports. However, Asia-Pacific is projected to register the fastest CAGR of 12.1% during the forecast period. This is attributed to rise in number of malls in countries such as India, China, and other developing countries.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5142
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on: LinkedIn Twitter
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.