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. https://uploadvr.com/location-based-vr-arcade-future/
blog article
WHAT WILL IT TAKE FOR LOCATION-BASED VR TO SUCCEED?
With home-based systems getting better and cheaper, can VR arcades and attractions bring in repeat visitors and turn a profit? We talked to some key players about what it takes to be successful in that space.Many who rushed to jump on the VR bandwagon and invested heavily in opening VR arcades with the debut of consumer headsets in 2016 have since gone out of business. Some industry insiders, however, remain enthusiastic about Location-Based VR Entertainment for VR and see the market as entering a more sustainable phase.We talked to some of the survivors about how they made it this far and how they are honing in on a profitable model for out-of-home VR entertainment. Here’s an overview of where the market is going.SpringboardVR has VR arcade operators in 36 countries with dozens more joining every month, according to co-founder and CMO Will Stackable. A recent survey conducted by the company across its network of arcades suggested a majority could be profitable, with many operators having opened multiple locations or planning to expand in the coming months. READ MORE