Saudi Arabia Family Entertainment Centres Market Research Report

 

Saudi Arabia Family Entertainment Centres Market:

Growth opportunities in the Market look promising over the next six years. This is mainly due to the rising availability of diversified gaming and entertainment options, the rising investments by the malls, and the implementation of AR and VR gaming technologies in the family entertainment centres.

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Saudi Arabia Family Entertainment Centres Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The major factors that are surging the growth of the family entertainment Centres market in Saudi Arabia are the rising availability of diversified gaming and entertainment options, the introduction of FECs supporting family activities, F&B integration, and participatory play, and the rising investments by malls. The family entertainment Centres market has intense competition owing to the increasing number of companies capturing to entertainment and gaming demand. In addition to this, the various range of variety for new gaming equipment and entertainment activities are being added by various family entertainment Centres organizations such as Go Karts, Climbing Walls, thrilling Free Fall Rides, Fun Fitness Classes, Laser Tags, among others. These new activities attract a massive range of population and offer more excitement and fun. All these factors that are responsible for the market growth over the coming years.

According to the Family Entertainment Centres market analysis, the rising emphasis on the implementation of AR and VR gaming technologies in family entertainment centres. Several malls in the country are introducing the best in VR gaming, which is offering shape to VR gaming in family entertainment centres. In addition to this, the AR and VR gaming concept is surging the business value of the malls with the help of this new disruptive technology.

The increasing number of initiatives by various companies to surge the prevalence of AR and VR gaming concepts in the country will drive the market growth. Dubai Entertainment and Leisure Show (DEAL), which is the global industry exhibition, packed a spectrum of VR concepts that is increasing the demand for market during the forecast period. Additionally, AR has impacted the gaming sector after the implementation of the interactive experience of the real-world environment, where an object of real-world gets augmented. Numerous entertainment centres organization are now investing in VR and AR technology to increase more customers. In 2019, Bounce Inc introduced the launch of KSA's first multi-player VR gaming Centres in Riyadh, which provides an experience for guests to enter the virtual world together with their families.

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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