The Worldwide Family Entertainment Centers Industry is Projected to Reach $33.5 Billion by 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Family Entertainment Centers Market (2022-2027) by Activity Area, Visitor Demographic, Facility Size, Revenue Source, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

The Global Family Entertainment Centers Market is estimated to be USD 21.04 Bn in 2022 and is projected to reach USD 33.5 Bn by 2027, growing at a CAGR of 9.75%.

Market dynamics are forces that impact the prices and behaviors of the Global Family Entertainment Centers Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for accelerating the growth and reducing the risks.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Family Entertainment Centers Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is ​​also used for risk analysis to understand the risk involved with each approach.

  • The report analyzes the Global Family Entertainment Centers Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

  • Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Family Entertainment Centers Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.

  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.

  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Market Dynamics

Drivers

  • Increase in Number of Malls

  • Growth in the Implementation of Advanced Technologies such as 3D Technology and VR Gaming

Restraints

  • Increasing Ticket Prices and Rise in Popularity of Home and Mobile Gaming

  • High Initial Cost, Home Gaming and Mobile Devices

Opportunities

  • Increase in Investments in New Games and Attractions

Challenges

  • Availability of Alternatives

Market Segmentations

The Global Family Entertainment Centers Market is segmented based on Activity Area, Visitor Demographic, Facility Size, Revenue Source, and Geography.

  • By Activity Area, the market is classified into Arcade Studios, VR Gaming Zones, Sports Arcades, and Others.

  • By Visitor Demographic, the market is classified into Families with Children (0-8), Families with Children (9-12), Teenagers (13-19), Young Adults (20-25), and Adults.

  • By Facility Size, the market is classified into < 5,000 sq Feet, 5,000-10,000 sq Feet, 10,001-20,000 sq Feet, 20,001-40,000 sq Feet, and >40,000 sq Feet.

  • By Revenue Source, the market is classified into Entry Fees & Ticket Sales, Advertising, Food & Beverages, and Merchandising.

  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

  • CEC Entertainment

  • Cinergy Entertainment

  • Dave & Buster’s Inc.

  • Legoland Discovery Center

  • Merlin Entertainment

  • Scene 75 Entertainment Centers

  • Seaworld Entertainment

  • Smaaash Entertainment

  • Walt Disney Company

  • Time Zone Entertainment

  • KidZania

For more information about this report visit https://www.researchandmarkets.com/r/cmqta9

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