Analysis – by Component (Hardware and Software), Technology (2-Dimesnional and 3-Dimensional), and End-use (Amusement Parks, Arcade Studios, and Film Studios)
No. of Pages:95
Report Code:
BMIRE00027639
Category:
Technology, Media and Telecommunications
South & Central America Location-based Entertainment Market
The location-based entertainment market in South & Central America is expected to grow from US$ 10.21 million in 2022 to US$ 13.62 million by 2028. It is estimated to grow at a CAGR of 4.9% from 2022 to 2028.
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Market Overview
The South & Central America location -based entertainment market is segmented into Brazil, Argentina, and the Rest of South & Central America. The region has a presence of several amusement and theme parks, which is one of the reasons for the growth of the South & Central America location -based entertainment market in the region. Pixel VR Virtual Reality Arcade is an amusement park situated in Brazil. Moreover, the region has several film studios in Brazil and Argentina. In addition, AR/VR companies such as 3dar, Sense Arq, and Novaworks are contributing to the growth of the region's South & Central America location -based entertainment market. Companies operating in the South & Central America location -based entertainment market are receiving several contracts due to the increasing demand for location-based entertainment. For instance, in April 2021, Storyland Studios received a contract from Grupo Cataratas to design new location-based entertainment concepts. Grupo Cataratas is the region's largest tourism operator. Grupo Cataratas expects to increase the region's tourist attractions through location-based entertainment. Storyland will develop strategies related to themed entertainment, including concept development for tourist attractions.
South & Central America Location-based Entertainment Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Location-based Entertainment Market Segmentation
Based on component, the market is bifurcated into hardware and software. The hardware segment held a larger market share in 2022.
Based on technology, the market is bifurcated into 2-dimesnional and 3-dimensional. The 3-dimensional segment held a larger market share in 2022.
Based on end-use, the market is segmented into amusement parks, arcade studios, and film studios. The amusement parks segment dominated the market share in 2022.
Based on country, the market is segmented into Brazil, Argentina, and Rest of South & Central America. Brazil segment dominated the market share in 2022.
HQSoftware; IMAXCORPORATION; Neurogaming Ltd; SpringboardVR; Samsung Electronics Co., Ltd.; and Vicon Motion Systems Ltd are the leading companies operating in the location-based entertainment market in the region.
South & Central America Location-based Entertainment Market Strategic Insights
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South & Central America Location-based Entertainment Market Segmentation Analysis
South & Central America Location-based Entertainment Market Report Highlights
South & Central America Location-based Entertainment Report Scope
Report Attribute
Details
Market size in 2022
US$ 10.21 Million
Market Size by 2028
US$ 13.62 Million
CAGR (2022 - 2028)
4.9%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Component
Hardware
Software
By Technology
2-Dimesnional
3-Dimensional
By End-use
Amusement Parks
Arcade Studios
Film Studios
Regions and Countries Covered
South and Central America
Brazil
Argentina
Rest of South and Central America
Market leaders and key company profiles
HQSoftware
IMAX CORPORATION
Neurogaming Ltd
SpringboardVR
Samsung Electronics Co., Ltd.
Vicon Motion Systems Ltd
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South & Central America Location-based Entertainment Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - South & Central America Location-based Entertainment Market
HQSoftware
IMAX CORPORATION
Neurogaming Ltd
SpringboardVR
Samsung Electronics Co., Ltd.
Vicon Motion Systems Ltd
Frequently Asked Questions
How big is the South & Central America Location-based Entertainment Market?
The South & Central America Location-based Entertainment Market is valued at US$ 10.21 Million in 2022, it is projected to reach US$ 13.62 Million by 2028.
What is the CAGR for South & Central America Location-based Entertainment Market by (2022 - 2028)?
As per our report South & Central America Location-based Entertainment Market, the market size is valued at US$ 10.21 Million in 2022, projecting it to reach US$ 13.62 Million by 2028. This translates to a CAGR of approximately 4.9% during the forecast period.
What segments are covered in this report?
The South & Central America Location-based Entertainment Market report typically cover these key segments-
Component (Hardware, Software)
Technology (2-Dimesnional, 3-Dimensional)
End-use (Amusement Parks, Arcade Studios, Film Studios)
What is the historic period, base year, and forecast period taken for South & Central America Location-based Entertainment Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Location-based Entertainment Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2028
Who are the major players in South & Central America Location-based Entertainment Market?
The South & Central America Location-based Entertainment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
HQSoftware
IMAX CORPORATION
Neurogaming Ltd
SpringboardVR
Samsung Electronics Co., Ltd.
Vicon Motion Systems Ltd
Who should buy this report?
The South & Central America Location-based Entertainment Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the South & Central America Location-based Entertainment Market value chain can benefit from the information contained in a comprehensive market report.
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