imrmarketreport

  The phrase "location-based entertainment" (LBE) is most commonly used to describe any sort of entertainment that takes place outside of the user's house — typically in a Family Entertainment Center. Position-based services (LBS) use geospatial technology, information and communication technologies, and the Internet to deliver personalized information to people in real time depending on their geographic location. Many businesses, including retail and transportation and logistics, have implemented LBE technology to deliver accurate location and spatial data in order to meet business goals. Around the world, a new generation of location-based experiences (LBEs) is emerging. AR/VR is being used by entertainment firms to give customers the feeling of being inside a movie or video game. Real estate companies, such as museums and shopping malls, gain from social media-driven traffic. Location Based Entertainment Market was valued at USD 1.74 Billion in 2019 and is expected...