Industry Statistics and Trends
Market size and recent performance (2016-2031)
Industry revenue has grown at a CAGR of 12.3 % over the past five years, to reach an estimated $24.2bn in 2026.
Trends and Insights
Sports participation boosts attendance and driving ranges and family fun centers
- Driving ranges appeal to traditional and beginner golfers, as well as consumers who seek to participate in a physical pastime. The National Golf Foundation reported that nearly 33 million people participated in off-course golf in 2023, or a 19.0% growth from the year before. Driving ranges, with their accessibility and beginner-friendly environment, cater to this increasing interest in golf. Unlike the more formal setting of golf courses or country clubs, driving ranges are a less intimidating environment to practice. This broadens their customer base, drawing in those new to golf as well as seasoned players looking to improve their swing in a relaxed setting.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2026-2031)
Market size is projected to grow over the next five years.
Trends and Insights
Tariffs threaten future recreational spending and economic growth
- Recreational expenditures are projected to rise, though the growth rate may be slower than the current period. This trend is driven by consumers’ sustained inclination towards leisure activities. As unemployment declines, albeit slowly, consumers will see greater disposable income. This could support higher budgets for entertainment, enabling some to handle price changes more comfortably than others. Companies in the recreation sector can leverage this to exert pricing power, sustaining demand and profits despite potential economic fluctuations.
Biggest companies in the Golf Driving Ranges & Family Fun Centers in the US
| Company | Market Share (%)
2025 | Revenue ($m)
2025 | Profit ($m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Topgolf International, Inc. | 1,360.2 | 82.5 | 6.1 |
To view the market share and analysis for all 1 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Amusement and recreation services, Coin operated games and rides and Registration for tournaments and matches. Amusement and recreation services is the largest segment of the Golf Driving Ranges & Family Fun Centers in the US.
Trends and Insights
Amusement and recreation services embrace new technology
- Amusement and recreation services bring in consistently high returns via diverse offerings, including driving range bays, mini-golf courses, batting cages and go-kart tracks. These activities cater to casual visitors and dedicated hobbyists seeking skill development or entertainment.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Golf driving ranges and family fun centers provide recreational and amusement services through various establishments, including driving ranges, miniature golf centers, go-kart racetracks, batting cages, family fun centers, recreational sports leagues and various outdoor recreational activities.
What's included in this industry?
Products and services covered in the Golf Driving Ranges & Family Fun Centers industry in the United States include Amusement and recreation services, Coin operated games and rides, Registration for tournaments and matches, Meal and beverage sales and Amateur sports teams and club services.Companies
Companies covered in the Golf Driving Ranges & Family Fun Centers industry in the United States include Topgolf International, Inc.Purchase this report to view all 1 major companies in this industry.
Related Terms
Related terms covered in the Golf Driving Ranges & Family Fun Centers industry in the United States include bundling, point-of-sale (pos) and family fun center.Industry Code
NAICS 71399 - Golf Driving Ranges & Family Fun Centers in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
A rise in per capita disposable income and total recreational expenditure will amplify revenue growth. Adults aged 20 to 64 typically have higher disposable income and are th...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2016-2025) and forecast (2026-2031)
- Employees, including historical (2016-2025) and forecast (2026-2031)
- Businesses, including historical (2016-2025) and forecast (2026-2031)
- Profit, including historical (2016-2026)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Demand for golf entertainment is surging. New technology boosts attendance while other product enhancements allow year-round training and a more competitive, gamified indoor ...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2026
- Product innovation level
Charts
- Products & services segmentation in 2026
- Major market segmentation in 2026
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Large family fun entertainment centers, with diverse recreational activities, locate in densely populated regions for easy access for customers. California, Texas, Florida an...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2026
Tables
- Number and share of establishments in each state in 2026
- Number and share of revenue each state accounts for in 2026
- Number and share of wages each state accounts for in 2026
- Number and share of employees in each state in 2026
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Large driving ranges and family fun centers in premium locations pose a significant challenge to smaller establishments. As these smaller centers might struggle to compete in...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2021-2026
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Callaway Topgolf is a leader in golf entertainment. The company has international locations and sophisticated ball-tracking technology, appealing to novice and advanced enthu...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2022 through 2026
- Major companies in the industry, including market share, revenue, profit and profit margin in 2026
- Overview of Topgolf International, Inc.'s performance by revenue, market share and profit margin from 2020 through 2026
Detailed analysis
- Description and key data for Topgolf International, Inc., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
New technology enhances the value of recreational expenditures. Smaller service providers will be disadvantaged without the social sharing of group activities that larger ent...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2016-2031)
- Assistance historical data and forecast (2016-2031)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Rising wages compel innovation. As labor costs have increased over time and difficulties have arisen in hiring part-time staff during seasonal demand fluctuations, companies ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
- Investment vs. share of economy
Data tables
- Industry Multiples (2019-2024)
- Industry Tax Structure (2019-2024)
- Income Statement (2019-2024)
- Balance Sheet (2019-2024)
- Liquidity Ratios (2019-2024)
- Coverage Ratios (2019-2024)
- Leverage Ratios (2019-2024)
- Operating Ratios (2019-2024)
- Cash Flow & Debt Service Ratios (2016-2031)
- Revenue per Employee (2016-2031)
- Revenue per Enterprise (2016-2031)
- Employees per Establishment (2016-2031)
- Employees per Enterprise (2016-2031)
- Average Wage (2016-2031)
- Wages/Revenue (2016-2031)
- Establishments per Enterprise (2016-2031)
- IVA/Revenue (2016-2031)
- Imports/Demand (2016-2031)
- Exports/Revenue (2016-2031)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2016-2031)
- IVA (2016-2031)
- Establishments (2016-2031)
- Enterprises (2016-2031)
- Employment (2016-2031)
- Exports (2016-2031)
- Imports (2016-2031)
- Wages (2016-2031)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Golf Driving Ranges & Family Fun Centers industry in the United States in 2026?
The market size of the Golf Driving Ranges & Family Fun Centers industry in the United States is $24.2bn in 2026.
How many businesses are there in the Golf Driving Ranges & Family Fun Centers industry in the United States in 2026?
There are 22,541 businesses in the Golf Driving Ranges & Family Fun Centers industry in the United States, which has grown at a CAGR of 3.5 % between 2021 and 2026.
How may import tariffs affect the Golf Driving Ranges & Family Fun Centers industry in the United States?
The Golf Driving Ranges & Family Fun Centers industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Golf Driving Ranges & Family Fun Centers industry in the United States?
The Golf Driving Ranges & Family Fun Centers industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Golf Driving Ranges & Family Fun Centers industry in the United States grown or declined over the past 5 years?
The market size of the Golf Driving Ranges & Family Fun Centers industry in the United States has been growing at a CAGR of 12.3 % between 2021 and 2026.
What is the forecast growth of the Golf Driving Ranges & Family Fun Centers industry in the United States over the next 5 years?
Over the next five years, the Golf Driving Ranges & Family Fun Centers industry in the United States is expected to grow.
What are the biggest companies in the Golf Driving Ranges & Family Fun Centers industry in the United States?
The biggest company operating in the Golf Driving Ranges & Family Fun Centers industry in the United States is Topgolf International, Inc.
What does the Golf Driving Ranges & Family Fun Centers industry in the United States include?
Amusement and recreation services and Coin operated games and rides are part of the Golf Driving Ranges & Family Fun Centers industry in the United States.
Which companies have the highest market share in the Golf Driving Ranges & Family Fun Centers industry in the United States?
The company holding the most market share in the Golf Driving Ranges & Family Fun Centers industry in the United States is Topgolf International, Inc..
How competitive is the Golf Driving Ranges & Family Fun Centers industry in the United States?
The level of competition is moderate and increasing in the Golf Driving Ranges & Family Fun Centers industry in the United States.
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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