The entertainment buildings global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Entertainment Buildings Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The entertainment buildings market size has grown steadily in recent years. It will grow from $108.68 billion in 2023 to $113.05 billion in 2024 at a compound annual growth rate (CAGR) of 4.0%. The growth in the historic period can be attributed to cultural and arts scene, population and urbanization, tourism and attractions, economic prosperity, changing leisure preferences..
The entertainment buildings market size is expected to see steady growth in the next few years. It will grow to $133.04 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to experiential entertainment trends, sustainability and green design, adaptation to digital platforms, community engagement initiatives, crisis resilience.. Major trends in the forecast period include digital ticketing and access control, integration of art and technology, culinary experiences, accessibility and inclusivity, data-driven insights..
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Scope Of Entertainment Buildings Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Entertainment Buildings Market Overview
Market Drivers –
The increasing construction spending is expected to propel the growth of the entertainment buildings market going forward. Construction spending refers to the expenses made on new construction and includes a variety of construction-related expenditures such as manpower, materials, and infrastructure work. An increase in construction spending favorably influences entertainment buildings since it leads to the development of new entertainment buildings, such as music halls, theatres, and sports stadiums. For instance, in March 2023, according to a recent statistical report published by the United States Census Bureau, a US-based agency of the U.S. Federal Statistical System, total construction spending in the United States was approximately $1.70 trillion in 2022, reflecting a 16% rise. Therefore, increasing construction spending is driving the growth of the entertainment buildings market.
Market Trends –
Major companies operating in the entertainment buildings market are focusing on partnerships to drive revenues in their market. A connectivity partnership typically refers to a collaborative agreement or alliance between entities to enhance and optimize connectivity-related aspects. For instance, in May 2023, Tillman Digital Cities LLC, a US-based infrastructure company partnered with Penn Entertainment Inc. With this partnership, Tillman Digital Cities seeks to use Tillman Digital Cities’ in-building connectivity solutions, boost customer experience, and increase connectivity for Penn Entertainment’s locations across the country. Through this partnership, customers will be able to enjoy wireless access for cashless, contactless, cordless, and sports betting and all cell operators will be supported, in addition to the national public safety network FirstNe. Penn Entertainment Inc. is a US-based entertainment company.
The entertainment buildings market covered in this report is segmented –
1) By Type: Residential, Non-residential
2) By Construction Type: New Construction, Renovation
3) By Application: Owned, Rental
4) By End User: Private, Public
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Regional Insights –
Asia-Pacific was the largest region in the entertainment buildings market in 2023. The regions covered in the entertainment buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the entertainment buildings market report are Larsen & Toubro Limited, Tata Projects Limited, Ircon International Limited, Jaiprakash Associates Limited, Punj Lloyd Limited, Essar Global Fund Limited, Gammon India Limited, Hindustan Construction Company Limited, IVRCL Infrastructures & Projects Limited, Theme Park Build Limited, Play Mart International Limited, Garmendale Engineering Limited, WaterPark Construction Inc., David Theming Works S.L., Forté Specialty Contractors LLC, AECOM Inc., Aramark Corporation, Compass Group plc, Delaware North Companies Inc., Sodexo S.A., HOK Group Inc., Populous Group LLC, M. Arthur Gensler Jr. & Associates Inc., HKS Inc., NBBJ LLP, Turner Construction Company, Skanska AB, Clark Construction Group LLC, Gilbane Building Company, Hensel Phelps Construction Co. .
Table of Contents
1. Executive Summary
2. Entertainment Buildings Market Report Structure
3. Entertainment Buildings Market Trends And Strategies
4. Entertainment Buildings Market – Macro Economic Scenario
5. Entertainment Buildings Market Size And Growth
…..
27. Entertainment Buildings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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