The article cited AMA's Global Location based VR Entertainment LBE Market Study explored substantial growth with CAGR of 28.0%. According the report, The growing trends of virtual reality (VR) and augmented reality (AR) games is one of the primary growth factors for the market. The introduction of entertainment centers games is also expected to contribute significantly to the Location based VR Entertainment LBE market. Overall, VR Arcades applications of Location based VR Entertainment LBE, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Exit reality (United States), Springboard VR (United States), eTeam (China), HTC Corporation (Taiwan), IMAX Corporation (Canada), The VOID LLC (United States), VR Studios Inc (United States), HQ Software (United States), Yue Cheng Technology (China), MOFABLES (Poland), NEXT NOW (United States) and BidOn Games Studio (Ukraine) may see astonishing sales in this Market and certainly improve revenue growth.

The Technology, such as 2D, is boosting the Location based VR Entertainment LBE market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Component, such as Hardware [Head Mount Display, Sensors, Head-up Display, Camera, Others], is boosting the Location based VR Entertainment LBE market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The End User, such as Amusement Park, is boosting the Location based VR Entertainment LBE market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Location based VR Entertainment LBE market identified that the demand is rising in many different parts of the world as "Technology innovations such as new games include simulation games ". Furthermore, some recent industry insights like "In February 2021- Springboard VR, a VR venue management software and content marketplace provider for LBE, was acquired by Vertigo Games, a VR publisher and game developer. The acquisition aimed to provide operators with access to VR content via Vertigo Games' Haze VR distribution platform, as well as new tools and technology to help both game studios and operators expand their LBE business." is constantly making the industry dynamic. One of the challenges that industry facing is "The technological complexities"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Location based VR Entertainment LBE market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Location based VR Entertainment LBE market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Location based VR Entertainment LBE market tight?
• Which application/end-user category or Product Type [Non-immersive, Semi-immersive and Fully-immersive simulations] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Location based VR Entertainment LBE market and other related sub-markets covered in the study.

o Key & emerging players in the Location based VR Entertainment LBE market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Location based VR Entertainment LBE market size is calculated using market estimation process, the Location based VR Entertainment LBE market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Location based VR Entertainment LBE market size has been validated using both top-down and bottom-up approaches.