A joint market research report called Redemption and FEC Report valued the US family entertainment market at 40.8 billion U.S. dollars.
The report shows that the global FEC market was valued at US$18.9 billion in 2017 and is expected to grow to US$40.8 billion from 2018 to 2025, with a compound annual growth rate of 10.2%.
The report shows that the driving force will be admission fees and ticket sales, but the largest increase is expected to be catering.
The arcade segment of FEC will continue to dominate, and forecasts emphasize the steady growth of augmented virtual reality.
“By providing unique gaming experiences that they can’t have at home, the AR and VR market will attract guests who usually prefer to stay at home but are looking for new experiences.”