Location Based Entertainment Market Advancements Highlighted by Size, Growth Trends and New Research
Sheetal2330 Jun, 2025Technology
The global Location-Based Entertainment (LBE) market is projected to expand from USD 5.47 billion in 2024 to USD 15.33 billion by 2029, reflecting a compound annual growth rate (CAGR) of 22.9%. This growth is driven by advancements in immersive technologies such as Virtual Reality (VR) and Augmented Reality (AR), which enhance user engagement. Previously, immersive experiences required significant physical infrastructure investments, limiting accessibility. However, the integration of VR and AR in LBE now offers cost-effective and scalable solutions,
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