Detailed Study of Family Entertainment Centers Market by Research Cosmos
Family Entertainment Centers Market Size and Growth Rate:
As per the latest reports published by Research Cosmos, Family Entertainment Centers Market was valued at USD 18,907 million in 2017 and projected to reach USD 40,814 million by 2025 growing at a CAGR of 10.2% during the forecast period 2018 to 2025.
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Family Entertainment Centers Market Growth Drivers and Restraints:
The growth in disposable per capita income, the availability of diversified gaming and entertainment options and favorable youth demographics around the world are driving the growth of the family entertainment center market. However, home games and mobile devices, high initial costs and higher ticket prices are factors that should hinder market growth during the forecast period.
In addition, the continuous launch of the new FECs that support activities for families, the integration of restaurants, participatory games, the rapidly growing investments of shopping centers in the Asia Pacific region and the integration of new technologies such as gambling in virtual reality, 3D technology and others offer tremendous market opportunities.
Geographical Analysis of Family Entertainment Centers Market:
North America dominated the global market in 2017, as many operators in this region are integrating new technologies such as 3D technology, virtual reality games and others to the trend, where the consumers prefer the modes from modern entertainment to traditional entertainment options. However, the Asia Pacific region is expected to experience the highest growth rate during the forecast period due to an increase in the number of shopping centers. The largest shopping centers in the world are located mainly in the Asia-Pacific region and represent almost 80% of the retail space in the world under construction.
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Key Players of Family Entertainment Centers Market:
The key players operating in the global family entertainment centers market include Dave & Buster’s, CEC Entertainment, Inc., Cinergy Entertainment, KidZania, Scene 75 Entertainment Centers, The Walt Disney Company, Lucky Strike Entertainment, FunCity, Smaaash Entertainment Pvt. Ltd., and LEGOLAND Discovery Center.
Family Entertainment Centers Market Segmentation:
By Visitor Demographics:
- Families with Children (0-8)
- Families with Children (9-12)
- Teenagers (13-19)
- Young adults (20-25)
- Adults (Ages 25+)
By Facility Size:
- Up to 5,000 sq. ft.
- 5,001 to 10,000 sq. ft.
- 10,001 to 20,000 sq. ft.
- 20,001 to 40,000 sq. ft.
- 1 to 10 acres
- 10 to 30 acres
- Over 30 acres Top of Form
By Revenue Source:
- Entry Fees & Ticket Sales
- Food & Beverages
- Merchandising
- Advertisement
By Application:
- Arcade Studios
- AR and VR Gaming Zones
- Physical Play Activities
- Skill/Competition Games
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
- South America
- Europe
- Asia Pacific
- Middle East and Africa
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