+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Middle East & Africa Location-based Entertainment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component, Technology, and End-use

  • PDF Icon

    Report

  • 94 Pages
  • December 2022
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5715219
UP TO OFF until Mar 15th 2023
The location-based entertainment market in Middle East & Africa is expected to grow from US$ 44.40 million in 2022 to US$ 68.95 million by 2028. It is estimated to grow at a CAGR of 7.6% from 2022 to 2028.

Use of VR Headsets for Indoor Games

Currently, sporting events are embracing immersive experiences and entering the game industry. Large sporting organizations and events have already begun to invest in virtual and augmented reality to improve sports and events. For instance, during the COVID-19 lockdowns, many people and businesses were using virtual and augmented reality to organize virtual yet immersive meetings and activities beyond the typical video meetings. The major technology firms are already striving to create headgear that do not require cords and allow for HD visual viewing. Manufactures like Sony, Samsung Electronics Co., Ltd. and many more are creating 8k and significantly more powerful processors for virtual reality headsets. With an unmatched, potent engagement platform that connects players in-home, VR gameplay with their social, competitive, and premium experiences at out-of-home entertainment venues like family entertainment centres, in order to accommodate the new standard in location-based entertainment, VRStudies Sports redraws the lines dividing virtual reality games.

Market Overview

The Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. Dubai is one of the prominent cities in the region to which the tourists are primarily attracted. Due to this, the country is focused on building more tourism infrastructures. The country has the world's largest indoor virtual reality (VR) park, which is a major tourist attraction. Further, prominent Middle East & Africa location-based entertainment market players such as Zero Latency are present in major countries of the region, such as Saudi Arabia and the UAE. Any strategic development implemented by such companies contributes to the region's Middle East & Africa location-based entertainment market. In February 2020, Saudi Entertainment Ventures (SEVEN) decided to contribute to Saudi Vision 2030. This Public Investment Fund (PIF)-established company is set to invest in developing several entertainment destinations in Riyadh, Saudi Arabia.

Further, the companies operating in the Middle East & Africa location-based entertainment market continuously focus on growth strategies. Due to this, the companies achieve several awards and recognitions. For instance, in June 2022, SPREE Interactive was awarded the Best in Location-Based" for its AR and VR at Augmented World Expo 2022.
Frequently Asked Questions about the Middle Eastern & African Location-based Entertainment Market

What is the estimated value of the Middle Eastern & African Location-based Entertainment Market?

The Middle Eastern & African Location-based Entertainment Market was estimated to be valued at $44.4 Million in 2022.

What is the growth rate of the Middle Eastern & African Location-based Entertainment Market?

The growth rate of the Middle Eastern & African Location-based Entertainment Market is 7.6%, with an estimated value of $68.95 Million by 2028.

What is the forecasted size of the Middle Eastern & African Location-based Entertainment Market?

The Middle Eastern & African Location-based Entertainment Market is estimated to be worth $68.95 Million by 2028.

Who are the key companies in the Middle Eastern & African Location-based Entertainment Market?

Key companies in the Middle Eastern & African Location-based Entertainment Market include HQSoftware, Neurogaming LTD, SpringboardVR and Vicon Motion Systems Ltd.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Middle East & Africa Location-Based Entertainment Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 MEA
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. Middle East & Africa Location-Based Entertainment Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Popularity of 360-Degree VR-Based Games
5.1.2 Mix of AR and VR Technology with 3-D Projection Mapping
5.2 Market Restraints
5.2.1 Health Risks Associated with Extensive Usage of Virtual Reality Headsets
5.3 Market Opportunities
5.3.1 Development and Integration of Advanced Technologies and Tools
5.3.2 Use of VR Headsets for Indoor Games
5.4 Future Trends
5.4.1 Advent of Next-Generation Laser Tags
5.5 Impact Analysis of Drivers and Restraints

6. Middle East & Africa Location-Based Entertainment Market -Market Analysis
6.1 Middle East & Africa Location-Based Entertainment Market Overview
6.2 Middle East & Africa Location-Based Entertainment Market Revenue Forecast and Analysis

7. Middle East & Africa Location-Based Entertainment Market Analysis - By Component
7.1 Overview
7.2 Middle East & Africa Location-Based Entertainment Market, By Component (2021 and 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)

8. Middle East & Africa Location-Based Entertainment Market Analysis - By Technology
8.1 Overview
8.2 Middle East & Africa Location-Based Entertainment Market, By Technology (2021 and 2028)
8.3 2D
8.3.1 Overview
8.3.2 2D: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
8.4 3D
8.4.1 Overview
8.4.2 3D: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)

9. Middle East & Africa Location-Based Entertainment Market Analysis - By End Use
9.1 Overview
9.2 Middle East & Africa Location-Based Entertainment Market, By End Use (2021 and 2028)
9.3 Amusement Park
9.3.1 Overview
9.3.2 Amusement Park: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Arcade Studio
9.4.1 Overview
9.4.2 Arcade Studio: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Film Studio
9.5.1 Overview
9.5.2 Film Studio: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)

10. Middle East & Africa Location-Based Entertainment Market - Country Analysis
10.1 Middle East & Africa Location-Based Entertainment Market
10.1.1 Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
10.1.3 Middle East & Africa Location-Based Entertainment Market- by Key Country
10.1.3.1 South Africa: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
10.1.3.1.1 South Africa: Middle East & Africa Location-Based Entertainment Market- By Component
10.1.3.1.2 South Africa: Middle East & Africa Location-Based Entertainment Market- By Technology
10.1.3.1.3 South Africa: Middle East & Africa Location-Based Entertainment Market- By End Use
10.1.3.2 Saudi Arabia: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
10.1.3.2.1 Saudi Arabia: Middle East & Africa Location-Based Entertainment Market- By Component
10.1.3.2.2 Saudi Arabia: Middle East & Africa Location-Based Entertainment Market- By Technology
10.1.3.2.3 Saudi Arabia: Middle East & Africa Location-Based Entertainment Market- By End Use
10.1.3.3 UAE: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
10.1.3.3.1 UAE: Middle East & Africa Location-Based Entertainment Market- By Component
10.1.3.3.2 UAE: Middle East & Africa Location-Based Entertainment Market- By Technology
10.1.3.3.3 UAE: Middle East & Africa Location-Based Entertainment Market- By End Use
10.1.3.4 Rest of Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
10.1.3.4.1 Rest of Middle East & Africa Location-Based Entertainment Market- By Component
10.1.3.4.2 Rest of Middle East & Africa Location-Based Entertainment Market- By Technology
10.1.3.4.3 Rest of Middle East & Africa Location-Based Entertainment Market- By End Use

11. Industry Landscape
11.1 Overview
11.2 Business Planning and Strategy
11.3 Merger and Acquisition
11.4 Expansion & Collaboration
11.5 Product News

12. Company Profiles
12.1 HQSoftware
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Neurogaming LTD
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 SpringboardVR
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Samsung Electronics Co., Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Vicon Motion Systems Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index

List of Tables
Table 1. Middle East & Africa Location-Based Entertainment Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Middle East & Africa Location-Based Entertainment Market- By Component- Revenue and Forecast to 2028 (US$ Million)
Table 3. Middle East & Africa Location-Based Entertainment Market- By Technology - Revenue and Forecast to 2028 (US$ Million)
Table 4. Middle East & Africa Location-Based Entertainment Market- By End Use - Revenue and Forecast to 2028 (US$ Million)
Table 5. South Africa: Middle East & Africa Location-Based Entertainment Market- By Component -Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa: Middle East & Africa Location-Based Entertainment Market- By Technology -Revenue and Forecast to 2028 (US$ Million)
Table 7. South Africa: Middle East & Africa Location-Based Entertainment Market- By End Use -Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Middle East & Africa Location-Based Entertainment Market- By Component -Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Middle East & Africa Location-Based Entertainment Market- By Technology -Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia: Middle East & Africa Location-Based Entertainment Market- By End Use -Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE: Middle East & Africa Location-Based Entertainment Market- By Component -Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE: Middle East & Africa Location-Based Entertainment Market- By Technology -Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE: Middle East & Africa Location-Based Entertainment Market- By End Use -Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Middle East & Africa Location-Based Entertainment Market- By Component -Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of Middle East & Africa Location-Based Entertainment Market- By Technology -Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of Middle East & Africa Location-Based Entertainment Market- By End Use -Revenue and Forecast to 2028 (US$ Million)
Table 17. List of Abbreviation

List of Figures
Figure 1. Middle East & Africa Location-Based Entertainment Market Segmentation
Figure 2. Middle East & Africa Location-Based Entertainment Market Segmentation - By Country
Figure 3. Middle East & Africa Location-Based Entertainment Market Overview
Figure 4. Middle East & Africa Location-Based Entertainment Market, By Component
Figure 5. Middle East & Africa Location-Based Entertainment Market, By Country
Figure 6. MEA - PEST Analysis
Figure 7. Middle East & Africa Location-Based Entertainment Market- Ecosystem Analysis
Figure 8. Middle East & Africa Location-Based Entertainment Market Impact Analysis of Drivers and Restraints
Figure 9. Middle East & Africa Location-Based Entertainment Market Revenue Forecast and Analysis (US$ Million)
Figure 10. Middle East & Africa Location-Based Entertainment Market Revenue Share, By Component (2021 and 2028)
Figure 11. Hardware: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Software: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Middle East & Africa Location-Based Entertainment Market Revenue Share, By Technology (2021 and 2028)
Figure 14. 2D: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. 3D: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Middle East & Africa Location-Based Entertainment Market Revenue Share, By End Use (2021 and 2028)
Figure 17. Amusement Park: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Arcade Studio: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Film Studio: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Middle East & Africa Location-Based Entertainment Market Revenue Share, By Key Country (2021 and 2028)
Figure 22. South Africa: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Saudi Arabia: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. UAE: Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of Middle East & Africa Location-Based Entertainment Market - Revenue and Forecast to 2028 (US$ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • HQSoftware
  • Neurogaming LTD
  • SpringboardVR
  • Samsung Electronics Co., Ltd.
  • Vicon Motion Systems Ltd