Press release
North America Family Entertainment Centers Market Size, Trends, Growth Status, Share, Research, and Forecast 2031
Family/indoor entertainment centers (FECs) are miniature indoor entertainment centers, which offera variety of entertainment activities to individuals of all ages. FECsare primarily designed to offera variety of games such as video games, machine-based games, arcade games, gaming consoles, and VR-based games. They are more preferred as an entertainment and leisure option by families over the outdoor entertainment centers, as environmental factors and climate changes do not affect the experience of customers.Request To Download Sample of This Strategic Report:-: https://reportocean.com/industry-verticals/sample-request?report_id=AMR633
Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market. Global ICT exports are anticipated to increase 3.9% on average year from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by 228.2% year over year, while Sierra Leone has decreased by 61.7% year over year.
By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.
Factors such as growth in per capita disposable income,availability of diversified gaming and entertainment options,and integration of new technologies such as 3D technology &virtual reality (VR) gaming in FECsare driving the growth of the North America family/indoor entertainment centers market. However, availability of home gaming &mobile devices, high initial cost, and increase in ticket prices majorly restrictthe market growth. Furthermore, continuous launch of new FECs supporting family activities, food & beverages integration, and participatory play are anticipated to boost the growth of the family/indoor entertainment centers market. Moreover, substantial growth in investments by malls in North America region is expected to provide remunerativeopportunities for the growth of the market.
The global family/indoor entertainment centers market is segmented into visitor demographics, facility size, revenue source, application, type,and region. In terms of visitor demographics, the market is categorized into families with children (0-8), families with children (9-12), teenagers (13-19), young adults (20-25), and adults (Ages 25+). On the basis of facility size, it is divided into up to 5,000 sq. ft., 5,001-10,000 sq. ft., 10,001-20,000 sq. ft., 20,001-40,000 sq. ft., 1-10 acres, 11-30 acres, and over 30 acres. Depending on revenue source, it is classified into entry fees & ticket sales, food & beverages, merchandising, advertisement, and others. The applications covered in the study include arcade studios, AR and VR gaming zones, physical play activities, skill/competition games, and others.As per type, the market is segregated into children's entertainment centers (CECs), children's edutainment centers (CEDCs), adult entertainment centers (AECs), and location-based VR Entertainment Centers (LBECs). Country wise, the market is analyzed across the U.S. and Canada.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the North Americafamily/indoor entertainment centers marketalong with current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analyses on the market is provided.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the North America family/indoor entertainment centers industry.
- The quantitative analysis of themarketfrom 2017 to 2025 is provided to determine the market potential.
KEY MARKET PLAYERS
- 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
- White Hutchinson Leisure &Learning Group, Inc.
KEY MARKET SEGMENTS
BY VISITOR DEMOGRAPHICS
- Families with Children (0-8)
- Families with Children (9-12)
- Teenagers (13-19)
- Young adults (20-25)
- Adults (25+)
BY FACILITY SIZE
- Up to 5,000 sq. ft.
- 5,001-10,000 sq. ft.
- 10,001-20,000 sq. ft.
- 20,001-40,000 sq. ft.
- 1-10 Acres
- 11-30 Acres
- Over 30 Acres
BY REVENUE SOURCE
- Entry Fees & Ticket Sales
- Food & Beverage
- Merchandising
- Advertisement
- Others
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BY APPLICATION
- Arcade Studios
- AR &VR Gaming Zones
- Physical Play Activities
- Skill/Competition Games
- Others
BY TYPE
- Children's Entertainment Centers (CECs)
- Children's Edutainment Centers (CEDCs)
- Adult Entertainment Centers (AECs)
- Location-based VR Entertainment Centers (LBECs)
BY REGION
- North America
o U.S.
- Northeast
o Maine
o Massachusetts
o Rhode Island
o Connecticut
o New Hampshire
o Vermont
o New York
o Pennsylvania
o New Jersey
o Delaware
o Maryland
- Southeast
o West Virginia
o Virginia
o Kentucky
o Tennessee
o North Carolina
o South Carolina
o Georgia
o Alabama
o Mississippi
o Arkansas
o Louisiana
o Florida
- Midwest
o Ohio
o Indiana
o Michigan
o Illinois
o Missouri
o Wisconsin
o Minnesota
o Iowa
o Kansas
o Nebraska
o South Dakota
o North Dakota
- Southwest
o Texas
o Oklahoma
o New Mexico
o Arizona
- West
o Colorado
o Wyoming
o Montana
o Idaho
o Washington
o Oregon
o Utah
o Nevada
o California
o Alaska
o Hawaii
o Canada
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