The casino gaming global market report 2024from 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.
Casino Gaming Market, 2024The casino gaming global market report 2024
Market Size — The casino gaming market size has grown strongly in recent years. It will grow from $24.59 billion in 2023 to $26.30 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing online and mobile gaming, legalization and regulation, expansion of casinos, entertainment and amenities, and tourism and entertainment.
The casino gaming market size is expected to see strong growth in the next few years. It will grow to $34.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to social and cultural acceptance, social and cultural acceptance, increasing prevalence of smartphones, economic growth, and the growth of sports betting. Major trends in the forecast period include decentralized gaming platforms, innovation in virtual reality (VR) and augmented reality (AR), emerging technologies Such As AI, technological advancements, and increasing partnerships.
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Scope Of Casino Gaming MarketThe 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.
Casino Gaming Market Overview
Market Drivers –The increasing adoption of online and mobile gaming is expected to propel the growth of the casino gaming market going forward. Online and mobile gaming refers to playing video games or casino games through internet-connected devices such as computers, smartphones, and tablets. These forms of gaming have become increasingly popular due to advancements in technology and widespread internet access. The adoption of online and mobile gaming is driven by the availability of high-speed internet, the proliferation of smartphones and tablets, and the growing demand for accessible, interactive, and portable gaming experiences. Casino gaming enhances online and mobile gaming by providing a diverse range of engaging and immersive gambling experiences that can be accessed and enjoyed through digital platforms, thereby broadening the appeal and reach of online and mobile gaming. For instance, in May 2023, according to Uswitch Limited, a UK-based online comparison and switching service, the number of online gamers globally in 2022 reached 3.2 billion. Over the next decade, this number is forecasted to increase significantly, with global gamers projected to reach 5.7 billion by 2032, a 44% increase from 2022. Therefore, the increasing adoption of online and mobile gaming is driving the growth of the casino gaming market.
Market Trends — Major companies operating in the casino gaming market are focused on developing innovative technologies, such as online casino platforms, to enhance user engagement, provide immersive gaming experiences, and leverage social interaction features for increased player retention and growth. Online casino platforms are digital environments where users can play casino-style games, such as slots, poker, and roulette, through social networking sites or dedicated apps without real money betting. For instance, in June 2024, Bally’s Corporation, a US-based gambling company, partnered with Ruby Seven Studios Inc., an Indian-based software company, and launched Bally Play, an online social casino game that can be played for free. The platform emphasizes social connectivity with interactive elements such as leaderboards, in-game chat, and friend challenges, fostering a vibrant gaming community. It also includes customizable avatars and virtual currency to enhance the player experience. It integrates special events and tournaments, allowing players to compete for rewards and enjoy exclusive promotions.
The casino gaming market covered in this report is segmented –
1) By Type: Land-Based Casino Gaming, Online Casino-Gaming
2) By Game Type: Blackjack, Craps, Poker, Roulette, Slot Machines
3) By End-Users: Dabblers, Gambling Enthusiasts, Lottery Loyalists, Social Exuberants, Unengaged Audience
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Regional Insights — North America was the largest region in the global casino gaming market in 2023. The regions covered in the casino gaming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies — Major companies in the market are Caesars Entertainment Inc., Flutter Entertainment plc, International Game Technology plc, Aristocrat Leisure Ltd., Novomatic AG, Light and Wonder Inc., Konami Group Corp., 888 Holdings plc, BETSSON AB, Everi Holdings Inc., PlayAGS Inc., Inspired Entertainment Inc., Incredible Technologies Inc., Interblock dd, TCS John Huxley Ltd., Euro Games Technology Ltd., Aruze Gaming Technologies Co. Ltd., Eclipse-Gaming Systems, AMATIC Industries GmbH, Abbiati Casino Equipment S.r.l., APEX pro-gaming s.r.o, GameBridge Casino Equipment, Jackpot Digital Inc.
Table of Contents
1. Executive Summary
2. Casino Gaming Market Report Structure
3. Casino Gaming Market Trends And Strategies
4. Casino Gaming Market — Macro Economic Scenario
5. Casino Gaming Market Size And Growth
…..
27. Casino Gaming Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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