Amusement Market Report 2023 - Industry Size, Competition, Trends and Growth Opportunities to 2022

As per The Business Research Company's Amusement Parks Opportunities And Strategies Market Report 2023, The global amusement parks market reached a value of nearly $42,684.9 million in 2022, having declined at a compound annual growth rate (CAGR) of -1.7% since 2017. The market is expected to grow from $42,684.9 million in 2022 to $101,843.5 million in 2027 at a rate of 11.1%. The market is then expected to grow at a CAGR of 5.2% from 2027 and reach $131,257.7 million in 2032.

Government support is expected to drive the growth of the amusement parks market going forward. The different state governments are helping to align amusement parks, and other recreational facilities. For example, in January 2023, the UK government announced an investment of £10 million ($10.5 million) to build a new adventure park in Barnsley. The government's plans include funding a new park, a singing academy and a wellness center for young people, as well as bringing prominent buildings back into use. Further, in November 2022, the government of India announced the Integrated Aqua Park as the Northeast's first fish museum in Tarin (Ziro) in the Lower Subansiri district in Arunachal Pradesh, under the Pradhan Mantri Matsya Sampada Yojana for bringing the blue revolution. The park seeks to modernize and reinforce the value chain, provide a strong framework for managing fisheries, improve traceability and maintain the socioeconomic welfare of fisheries and fish farmers. Therefore, government support is expected to contribute to the amusement parks market expansion.

View Complete Report @
https://www.thebusinessresearchcompany.com/report/amusement-parks-market#:~:text=Going%20forward%2C%20the%20fastest%2Dgrowing,12.0%25%20and%2011.1%25%20respectively.

Amusement parks are deploying innovative applications of the Internet of Things (IoT) technology to improve operational efficiency and enhance customer experience. IoT is the network of physical devices, vehicles and other items embedded with electronics, software, sensors, actuators and connectivity, which enables these things to connect, collect and exchange data. Amusement parks are using beacon-enabled wristbands to get real time customer data, which helps parents (guests) to locate their children. Such bands also help managers to identify areas of improvement and send real-time information, tips and promotions to guests based on their location. By using IoT technology, guests can have an amazing experience and management can increase their operational efficiency. For example, in June 2021, Canada-based Connect&GO, a leader in guest experience engineering and wearable RFID and IoT technology for events and attractions, announced the launch of MPX, an immersive and interactive wristband for attractions. The Bluetooth-controlled device is designed to transform the guest experience, and features vibration and LED lights. MPX wristband will help with contactless access control, cashless payment, souvenir photos, videos and more. This wristband serves as digital entrance ticket for guests and facilitates transactions.

The top opportunities in the amusement parks market segmented by type will arise in the theme parks segment, which will gain $33,474.7 million of global annual sales by 2027. The top opportunities in segment by revenue source will arise in the tickets segment, which will gain $12,367.9 million of global annual sales by 2027. The top opportunities in segment by age group will arise in the below 25 Years segment, which will gain $23,809.8 million of global annual sales by 2027. The top opportunities in segment by visitors' gender will arise in the male segment, which will gain $21,443.5 million of global annual sales by 2027. The amusement parks market size will gain the most in the USA at $11,790.3 million.

Amusement Parks Market Segmentation:
The Amusement Parks market is segmented by type, By Revenue Source, By Age Group and By Visitors' Gender.

By Type -
a) Theme Parks
b) Water Parks
c) Amusement Arcades

By Revenue Source -
a) Tickets
b) Food And Beverages
c) Hotels And Resorts
d) Merchandise
e) Other Revenue Sources

By Age Group -
a) Below 25 Years
b) 25 To 39 Years
c) 40 To 59 Years
d) 60 To 74 Years
e) 75 Years And Above

By Visitors' Gender -
a) Male
b) Female

Major players in the Amusement Parks market include HC-One Ltd., Brookdale Senior Living Inc., Five Star Senior Living, Holiday Retirement, Sunrise Senior Living.

The regions covered in the global Amusement Parks market are The Walt Disney Company, Comcast Corporation, Oriental Land Company Ltd., Seaworld Entertainment, Inc., Six Flags Entertainment Corporation

Download FREE SAMPLE Report - https://www.thebusinessresearchcompany.com/sample_request?id=9885&type=smp

The latest report from The Business Research Company, 'Global Amusement Parks Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Amusement Parks Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
21. Africa Market
22. Competitive Landscape And Company Profiles
23. Company Profiles
24. Key Mergers And Acquisitions
25. Market Background: Amusements Market

PURCHASE the report @
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9885

Get to know us better:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.