Location Based Entertainment Market worth $11.8 billion by 2028 - Exclusive Report by MarketsandMark

Sheetal2323 Jul, 2024Technology

The Location Based Entertainment Market size is projected to grow from USD 3.5 billion in 2023 to USD 11.8 billion by 2028, at a CAGR of 27.3% during the forecast period, according to a new report by MarketsandMarkets?. With the growing advancements in virtual reality (VR) and augmented reality (AR) technologies, VR gaming, the increasing demand for social and shared experiences and integration of artificial intelligence (AI) and machine learning (ML) technologies has led to growth of the Location Based Entertainment Market.