This report describes and explains the family or indoor entertainment centers market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The global family or indoor entertainment centers market reached a value of nearly $24.63 billion in 2022, having grown at a compound annual growth rate (CAGR) of 7.11% since 2017. The market is expected to grow from $24.63 billion in 2022 to $45.03 billion in 2027 at a rate of 12.82%. The market is then expected to grow at a CAGR of 15.59% from 2027 and reach $92.90 billion in 2032.
Growth in the historic period resulted from growing inclination of the young population towards mobile gaming, rising customer preferences for experiential leisure activities, increased earning capacity and emerging markets growth.
Going forward, the increasing use of social media, growing investments in family entertainment centers and government support will drive the market. Factors that could hinder the growth of the family or indoor entertainment centers market in the future include challenges from new entrants and the limited scope of transformation.
The family or indoor entertainment centers market is segmented by activity area into arcade studios, AR and VR gaming zones, physical play activities, skill/competition games and other activity areas. The arcade studios market was the largest segment of the family or indoor entertainment centers market segmented by activity area, accounting for 34.9% of the total in 2022. Going forward, the AR and VR gaming zones segment is expected to be the fastest growing segment in the family or indoor entertainment centers market segmented by activity area, at a CAGR of 14.97% during 2022-2027.
The family or indoor entertainment centers market is segmented by facility size into 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 and > 40,000 sq ft. The > 40,000 sq ft market was the largest segment of the family or indoor entertainment centers market segmented by facility size, accounting for 30.0% of the total in 2022. Going forward, the 10,001 to 20,000 sq ft segment is expected to be the fastest growing segment in the family or indoor entertainment centers market segmented by facility size, at a CAGR of 13.61% during 2022-2027.
The family or indoor entertainment centers market is segmented by revenue source into entry fees and ticket sales, food and beverages, merchandising, advertisement and other revenue sources. The entry fees and ticket sales market was the largest segment of the family or indoor entertainment centers market segmented by revenue source, accounting for 47.6% of the total in 2022. Going forward, the food and beverages segment is expected to be the fastest growing segment in the family or indoor entertainment centers market segmented by revenue source, at a CAGR of 15.6% during 2022-2027.
The family or indoor entertainment centers market is segmented by visitor into families with children aged (0-8), families with children (9-12), teenagers (13-19), young adults (20-25) and adults (ages 25+). The teenagers (13-19) market was the largest segment of the family or indoor entertainment centers market segmented by visitor, accounting for 35.8% of the total in 2022. Going forward, the teenagers (13-19) segment is expected to be the fastest growing segment in the family or indoor entertainment centers market segmented by visitor, at a CAGR of 14.5% during 2022-2027.
North America was the largest region in the family or indoor entertainment centers market, accounting for 38.4% of the total in 2022. It was followed by Asia-Pacific, and then the other regions. Going forward, the fastest-growing regions in the family or indoor entertainment centers market will be Asia-Pacific and North America, where growth will be at CAGRs of 17.2% and 12.2% respectively. These will be followed by Western Europe and South America, where the markets are expected to grow at CAGRs of 10.8% and 9.6% respectively.
The family or indoor entertainment centers market is fairly fragmented, with a large number of small players. The top ten competitors in the market made up to 17.27% of the total market in 2021. Dave & Buster’s Inc was the largest competitor with 4.70% share of the market, followed by The Walt Disney Company with 2.91%, KidZania with 2.25%, Bowlero Corporation with 2.10%, Legoland Discovery Centre (Merlin Entertainments) with 1.99%, Bandai Namco Entertainment with 1.20%, Landmark Leisure LLC with 0.59%, Scene75 Entertainment Centers with 0.55%, Lucky Strike Entertainment LLC with 0.49%, and Tenpin Ltd. (Ten Entertainment Group) with 0.49%.
To take advantage of the opportunities, the analyst recommends the family or indoor entertainment centers companies to focus on opening of new indoor entertainment centers with unique facilities, focus on use of AR and VR technologies to offer immersive and interactive attractions, focus on increasing investments for geographic expansion, focus on use of IoT technology to improve efficiency and guest experience, focus on fast-growing activities at family or indoor entertainment centers, focus on strategic partnerships and collaborations, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, focus on online marketing, use direct-to-consumer (DTC) advertising and focus on fast-growing visitors.
Market-trend-based strategies for the family or indoor entertainment centers market include focus on strategic partnerships and collaborations, launch of new indoor entertainment centers with unique facilities, focus on using augmented reality (AR) and virtual reality (VR) technologies to revolutionize the guest experience, offer immersive and interactive attractions that not only attract a broader audience but also enhance overall satisfaction and engagement, focus on strategic investments for geographic expansion and focus on innovative applications of the internet of things (IoT) technology to improve operational efficiency and enhance customer experience.
Player-adopted strategies in the family or indoor entertainment centers market include focus on expanding business capabilities through strategic partnerships and acquisitions and focus on strong capital expenditure for renovations and updates and the addition of new rides.
To take advantage of the opportunities, the analyst recommends the family or indoor entertainment centers companies to focus on opening of new indoor entertainment centers with unique facilities, focus on use of AR and VR technologies to offer immersive and interactive attractions, focus on increasing investments for geographic expansion, focus on use of IoT technology to improve efficiency and guest experience, focus on fast-growing activities at family or indoor entertainment centers, focus on strategic partnerships and collaborations, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, focus on online marketing, use direct-to-consumer (DTC) advertising and focus on fast-growing visitor types.
The global family or indoor entertainment centers market reached a value of nearly $24.63 billion in 2022, having grown at a compound annual growth rate (CAGR) of 7.11% since 2017. The market is expected to grow from $24.63 billion in 2022 to $45.03 billion in 2027 at a rate of 12.82%. The market is then expected to grow at a CAGR of 15.59% from 2027 and reach $92.90 billion in 2032.
Growth in the historic period resulted from growing inclination of the young population towards mobile gaming, rising customer preferences for experiential leisure activities, increased earning capacity and emerging markets growth.
Going forward, the increasing use of social media, growing investments in family entertainment centers and government support will drive the market. Factors that could hinder the growth of the family or indoor entertainment centers market in the future include challenges from new entrants and the limited scope of transformation.
The family or indoor entertainment centers market is segmented by activity area into arcade studios, AR and VR gaming zones, physical play activities, skill/competition games and other activity areas. The arcade studios market was the largest segment of the family or indoor entertainment centers market segmented by activity area, accounting for 34.9% of the total in 2022. Going forward, the AR and VR gaming zones segment is expected to be the fastest growing segment in the family or indoor entertainment centers market segmented by activity area, at a CAGR of 14.97% during 2022-2027.
The family or indoor entertainment centers market is segmented by facility size into 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 and > 40,000 sq ft. The > 40,000 sq ft market was the largest segment of the family or indoor entertainment centers market segmented by facility size, accounting for 30.0% of the total in 2022. Going forward, the 10,001 to 20,000 sq ft segment is expected to be the fastest growing segment in the family or indoor entertainment centers market segmented by facility size, at a CAGR of 13.61% during 2022-2027.
The family or indoor entertainment centers market is segmented by revenue source into entry fees and ticket sales, food and beverages, merchandising, advertisement and other revenue sources. The entry fees and ticket sales market was the largest segment of the family or indoor entertainment centers market segmented by revenue source, accounting for 47.6% of the total in 2022. Going forward, the food and beverages segment is expected to be the fastest growing segment in the family or indoor entertainment centers market segmented by revenue source, at a CAGR of 15.6% during 2022-2027.
The family or indoor entertainment centers market is segmented by visitor into families with children aged (0-8), families with children (9-12), teenagers (13-19), young adults (20-25) and adults (ages 25+). The teenagers (13-19) market was the largest segment of the family or indoor entertainment centers market segmented by visitor, accounting for 35.8% of the total in 2022. Going forward, the teenagers (13-19) segment is expected to be the fastest growing segment in the family or indoor entertainment centers market segmented by visitor, at a CAGR of 14.5% during 2022-2027.
North America was the largest region in the family or indoor entertainment centers market, accounting for 38.4% of the total in 2022. It was followed by Asia-Pacific, and then the other regions. Going forward, the fastest-growing regions in the family or indoor entertainment centers market will be Asia-Pacific and North America, where growth will be at CAGRs of 17.2% and 12.2% respectively. These will be followed by Western Europe and South America, where the markets are expected to grow at CAGRs of 10.8% and 9.6% respectively.
The family or indoor entertainment centers market is fairly fragmented, with a large number of small players. The top ten competitors in the market made up to 17.27% of the total market in 2021. Dave & Buster’s Inc was the largest competitor with 4.70% share of the market, followed by The Walt Disney Company with 2.91%, KidZania with 2.25%, Bowlero Corporation with 2.10%, Legoland Discovery Centre (Merlin Entertainments) with 1.99%, Bandai Namco Entertainment with 1.20%, Landmark Leisure LLC with 0.59%, Scene75 Entertainment Centers with 0.55%, Lucky Strike Entertainment LLC with 0.49%, and Tenpin Ltd. (Ten Entertainment Group) with 0.49%.
To take advantage of the opportunities, the analyst recommends the family or indoor entertainment centers companies to focus on opening of new indoor entertainment centers with unique facilities, focus on use of AR and VR technologies to offer immersive and interactive attractions, focus on increasing investments for geographic expansion, focus on use of IoT technology to improve efficiency and guest experience, focus on fast-growing activities at family or indoor entertainment centers, focus on strategic partnerships and collaborations, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, focus on online marketing, use direct-to-consumer (DTC) advertising and focus on fast-growing visitors.
Market-trend-based strategies for the family or indoor entertainment centers market include focus on strategic partnerships and collaborations, launch of new indoor entertainment centers with unique facilities, focus on using augmented reality (AR) and virtual reality (VR) technologies to revolutionize the guest experience, offer immersive and interactive attractions that not only attract a broader audience but also enhance overall satisfaction and engagement, focus on strategic investments for geographic expansion and focus on innovative applications of the internet of things (IoT) technology to improve operational efficiency and enhance customer experience.
Player-adopted strategies in the family or indoor entertainment centers market include focus on expanding business capabilities through strategic partnerships and acquisitions and focus on strong capital expenditure for renovations and updates and the addition of new rides.
To take advantage of the opportunities, the analyst recommends the family or indoor entertainment centers companies to focus on opening of new indoor entertainment centers with unique facilities, focus on use of AR and VR technologies to offer immersive and interactive attractions, focus on increasing investments for geographic expansion, focus on use of IoT technology to improve efficiency and guest experience, focus on fast-growing activities at family or indoor entertainment centers, focus on strategic partnerships and collaborations, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, focus on online marketing, use direct-to-consumer (DTC) advertising and focus on fast-growing visitor types.
Table of Contents
1. Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure
6. Introduction and Market Characteristics
7. Major Market Trends
8. Family or Indoor Entertainment Centers Market - Macro-Economic Scenario
9. Global Market Size and Growth
10. Global Family Or Indoor Entertainment Centers Market Segmentation
11. Family Or Indoor Entertainment Centers Market, Regional and Country Analysis
12. Asia-Pacific Market
13. Western Europe Market
14. Eastern Europe Market
15. North America Market
16. South America Market
17. Middle East Market
18. Africa Market
19. Competitive Landscape and Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities and Strategies
22. Family Or Indoor Entertainment Centers Market, Conclusions and Recommendations
23. Appendix
Executive Summary
Family Or Indoor Entertainment Centers Global Market Opportunities and Strategies to 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global family or indoor entertainment centers market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description
Where is the largest and fastest growing market for family or indoor entertainment centers? How does the market relate to the overall economy, demography, and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider family or indoor entertainment centers market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics:
- Key Trends:
- Macro-Economic Scenario:
- Global Market Size and Growth:
- Regional Analysis:
- Market Segmentation:
- Regional Market Size and Growth:
- Competitive Landscape:
- Key Mergers and Acquisitions:
- Market Opportunities and Strategies:
- Conclusions and Recommendations:
- Appendix:
Scope
Markets Covered:1) by Activity Area: Arcade Studios; AR and VR Gaming Zones; Physical Play Activities; Skill/Competition Games; Other Activity Areas
2) by Facility Size: 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; > 40,000 sq ft
3) by Revenue Source: Entry Fees and Ticket Sales; Food and Beverages; Merchandising; Advertisement; Other Revenue Sources
4) by Visitor: Families With Children Aged (0-8); Families With Children (9-12); Teenagers (13-19); Young Adults (20-25); Adults (Ages 25+)
Companies Mentioned: Dave & Buster’s Inc.; The Walt Disney Company; KidZania; Bowlero Corporation; Legoland Discovery Centre (Merlin Entertainments)
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; family or indoor entertainment centers indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 388 |
| Published | January 2024 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 24.6 Billion |
| Forecasted Market Value ( USD | $ 92.9 Billion |
| Compound Annual Growth Rate | 14.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 48 |
