Casino Gaming Equipment Market Size, Trends and Forecasts to 2027 – Sox Sphere
According to the latest report of the IMARC group titled ” Casino Gaming Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027the market reached a value of US$11 billion in 2021. The global casino gaming equipment market share will reach US$13.2 billion by 2027, growing at a CAGR of 3.1% in 2022-2027. Casino gaming equipment refers to gaming machines and tools used for gaming and to provide transparency in casino operations. They include roulette wheels, gaming tables, shuffling machines, player tracking systems, slot machines, video poker machines, video lottery terminals, and more. card prints, etc. They provide profitability, convenience, security, profitability, etc. enhanced, and are also used to analyze player behavior and authenticate banknotes. Casino gaming equipment is widely used in shopping malls, casinos, gaming arenas, etc.
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Like the novel coronavirus (COVID-19[female[feminine) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the purchasing behavior of consumers around the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.
The expansion of the commercial casino industry across the globe is one of the major factors driving the casino gaming equipment market. Additionally, changing consumer preferences from traditional casino tables to electronic gaming tables are further catalyzing the growth of the market. With this in mind, the growing need to provide an exciting live stadium environment, control the game speed, protect the player from betting fraud, etc., during electronic games is increasing the global market. Additionally, the growing adoption of Virtual Reality (VR), Artificial Intelligence (AI), and Internet of Things (IoT) technologies by smart casinos acts as another significant growth driver. Furthermore, the growing requirement to maintain transparency in gaming activities and provide an immersive experience to gamers is also positively influencing the growth of the market. Additionally, rising trends towards liberalization and increasing cultural acceptance of gambling and casinos across countries is expected to drive the casino gaming equipment market in the coming years.
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Competitive landscape with key players:
The report has also analyzed the competitive landscape of the market with some of the key players.
- Abbiati Casino Equipment Srl
- AGS SARL
- Aristocrat Leisure Limited
- OOD European Games Technology
- Everi Holdings Inc.
- Incredible Technologies Inc.
- International Game Technology PLC
- Jackpot Digital Inc.
- Konami Holding Corporation
- Science Games Society
- TCS John Huxley Ltd.
Casino Gaming Equipment Market Segmentation:
Our report has categorized the market based on region, product type, installation, mode of operation, and end-use industry.
Breakdown by product type:
- Slot machines
- Video lottery terminal
- Video poker machines
Breakdown by facility:
- Installed inside the casino
- Installed outside the casino
Breakdown by operating mode:
Breakdown by end user:
- Shopping centers
- Leisure centers
Breakdown by region:
- North America (USA, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
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