Casino gaming equipment market size, share, trends, demand, opportunities and forecast by 2027 – UK Parents Lounge
According to the latest IMARC group report titled ” Casino Gaming Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027», The market is currently experiencing strong growth. The Global the casino gaming equipment market will exhibit moderate exposure growth over the next five years. Casino gaming equipment refers to gaming machines and tools used for gambling and to provide transparency in casino operations. They include roulette wheels, gaming tables, shuffle machines, player tracking systems, slots, video poker machines, video lottery terminals, etc. card prints, etc. They offer cost efficiency, convenience, security, cost efficiency, etc. improved, 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 new coronavirus (COVID-19[female[feminine) the crisis is taking hold of the world, we are constantly monitoring changes in the markets, as well as the purchasing behavior of consumers around the world and our estimations on the latest market trends and forecasts are made after considering the impact of this pandemic.
The expansion of the commercial casino industry across the globe is one of the key factors in the casino gaming equipment market. Additionally, changing consumer preferences from traditional casino tables to electronic gaming tables are further catalyzing market growth. With this in mind, the growing need to provide exciting live stadium environment, control game speed, protect player from betting fraud etc. during electronic games is increasing the global market. In addition, the increasing adoption of virtual reality (VR), artificial intelligence (AI) and Internet of things (IoT) technologies by smart casinos is acting as another important growth driver. In addition to this, the growing requirement to maintain transparency of gaming activities and provide an immersive experience for gamers is also positively influencing the growth of the market. In addition, increasing liberalization trends and growing cultural acceptance of gambling and casinos in countries are expected to fuel the casino gaming equipment market in the coming years.
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Competitive landscape with key players:
The report also analyzed the competitive landscape of the market with some of the major players being.
- Abbiati Casino Equipment Srl
- AGS SARL
- Aristocrat Leisure Limited
- Euro Games Technology OOD
- Everi Holdings Inc.
- Incredible Technologies Inc.
- International Game Technology PLC
- Digital Jackpot inc.
- Konami Holdings Corporation
- Society of Scientific Games
- TCS John Huxley Ltd.
Casino Gaming Equipment Market Segmentation:
Our report has categorized the market on the basis of 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 installation:
- Installed inside the casino
- Installed outside the casino
Breakdown by operating mode:
Breakdown by end user:
- Shopping centers
- Recreation centers
Breakdown by region:
- North America (United States, 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)
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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