Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.04 Billion | USD 15.11 Billion | 11.6% | 2024 |
FrequentlyAsked Questions
LBE refers to any entertainment associated with a particular location away from home.
The global location-based entertainment market is expected to grow due to rising popularity of immersive experiences like VR/AR arcades, theme parks, and demand for interactive consumer attractions.
According to a study, the global location-based entertainment market size was worth around USD 5.04 Billion in 2024 and is expected to reach USD 15.11 Billion by 2034.
The global location-based entertainment market is expected to grow at a CAGR of 11.6% during the forecast period.
North America is expected to dominate the location-based entertainment market over the forecast period.
Leading players in the global location-based entertainment market include KidZania Operations S.A.R.L., Huawei Technologies Co., Ltd., Microsoft Corporation, Niantic Inc., Magic Leap Inc., Regal Entertainment Group, Samsung Electronics Co., Ltd., Overseas Chinese Town Enterprise Co. (OCT) Parks, Six Flag Entertainment Corporation, 4Experience, HTC Corporation, HQ Software, Google LLC, E-Learning Studios, Cinepolis, Disney Parks, Experience, and Products (The Walt Disney Company), AEON Fantasy Co, Barron Games International, Bob’s Space Racers and CamOnApp among others., among others.
The report explores crucial aspects of the location-based entertainment market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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