Location-Based Entertainment Market Size, Share, Growth Analysis, By Venue(Amusement & Theme Parks, Sports Venue, Game Arcades, and Others), By Type(Performance Audio and General Audio), By Application(Indoor and Outdoor), By Region - Industry Forecast 2024-2031

Major businesses in these sectors are making investments to improve the infrastructure and quality of location-based VR content. For instance, in September 2021, VRstudios, Inc. unveiled a brand-new foundation called VRstudios Sports. With this effort, users will be able to connect, socialize, and share experiences in a location-based VR environment. With a thorough LBE capability, VRstudios Sports gives its users the possibility to experiment with their VR-based game plays at home. Therefore, this endeavor is anticipated to increase the demand for location-based entertainment on the global market.

Location-Based Entertainment Market Top Player’s Company Profiles

• Disney Parks, Experiences, and Products
• Universal Parks & Resorts
• Merlin Entertainments
• Cedar Fair Entertainment Company
• Six Flags Entertainment Corporation
• SeaWorld Parks & Entertainment
• Village Roadshow Theme Parks
• Parques Reunidos
• OCT Parks China
• Fantawild Holdings Inc.
• The Sandbox
• VRCade
• Dave & Buster's Entertainment Inc.
• Hologate
• Zero Latency VR
• Sandbox VR
• The Void
• Exit Reality
• Nomadic
• Dreamscape Immersive

Location-Based Entertainment Market Recent Development

• In May 2022, IMAX and AT & T joined together with Tribeca to debut a new summer drive-in movie series. Tribeca will collaborate closely with neighborhood suppliers that assist small businesses throughout the entire series. Tribeca Enterprises, AT&T, and IMAX expect that consumers would increase their demand and watch movies in a communal setting, which will propel people into the theatres, as drive-in theatres consist of significant community components.
• In March 2022, the launch of "Star Wars: Galaxy's Edge" was announced by Disneyland Resort and Walt Disney. This will be a theme park with VR-like technology that includes characters from the Star Wars universe in addition to completely immersive sights and sounds.