Global Entertainment and Amusement Market 2023-2027

Global Entertainment and Amusement Market 2023-2027

Technavio has been monitoring the entertainment and amusement market and is forecast to grow by $681.19 bn during 2022-2027, decelerating at a CAGR of 5% during the forecast period. Our report on the entertainment and amusement market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rapid growth of social media, increased spending on entertainment and leisure activities, and high investment in amusement parks.

Technavio's entertainment and amusement market is segmented as below:

By TypeEntertainmentAmusementBy Age Group13 to 20 yearsAbove 20 yearsBelow 12 yearsBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the virtual theme park gaining traction as one of the prime reasons driving the entertainment and amusement market growth during the next few years. Also, rising popularity among baby boomers and strategic partnership and brand collaboration will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the entertainment and amusement market covers the following areas:Entertainment and amusement market sizingEntertainment and amusement market forecastEntertainment and amusement market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading entertainment and amusement market vendors that include Al Hokair Entertainment, Aspro Parks SA, CEDAR FAIR LP, Chimelong Group Co. Ltd., Compagnie des Alpes, Entertainment Plus Production, Fakieh Hospitality & Leisure Group, IMG Artists, irque du Soleil Entertainment Group, Merlin Entertainments Group Ltd., PARQUES REUNIDOS SERVICIOS CENTRALES SA, SeaWorld Entertainment Inc., Six Flags Entertainment Corp., The Mousetrap, The Rocky Horror Show, The Walt Disney Co., Timezone Entertainment Pvt. Ltd., Universal Studios Recreation Group, Untamed Entertainment, and Wonderla Amusement Park. Also, the entertainment and amusement market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.