Casino Gaming Equipment Market Set to Soar Past USD 11.47 Billion by 2030
The global Casino Gaming Equipment market size is expected to reach USD 11.47 billion by 2030 and exhibit a CAGR of 6.4% in the forecast period (2023−2030), according to Skyquest’s latest research report. The growing casino industry, demand for advanced gaming technology, increasing disposable income, expansion of casinos, technological innovation, rising tourism and hospitality sector, regulatory support, global casino market growth, enhanced gaming experience, and the emergence of online casinos are fueling the market’s growth.
Westford,USA, Jan. 24, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Casino Gaming Equipment market, online casino gaming equipment, virtual reality (VR) integration, mobile gaming solutions, themed and branded slot machines, eco-friendly and sustainable gaming equipment, enhanced security features, skill-based gaming options, data analytics and player tracking, cashless payment systems, and gamification elements are the trends that aid in the market’s growth.
Browse in-depth TOC on “Casino Gaming Equipment Market”
- Pages – 157
- Tables – 86
- Figures – 76
Casino gaming equipment is the physical and digital hardware used to play casino games. This includes slot machines, table games, and other gaming devices. Casino gaming equipment is designed to provide a fair and exciting gaming experience for players while also generating revenue for the casino.
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Prominent Players in the Casino Gaming Equipment Market
- International Game Technology (IGT)
- Aristocrat Leisure
- Scientific Games Corporation
- Novomatic
- Gaming Partners International
- Incredible Technologies
- Konami Holdings Corporation
- PlayAGS
- Everi Holdings
- Abbiati Casino Equipment
- Aruze Gaming America
- Ainsworth Game Technology
- EGT Interactive
- Merkur Gaming
- Zitro
- Interblock Gaming
- TCSJOHNHUXLEY
- Shuffle Master
- Spintec
- SuzoHapp
- Gaming Arts
- Atronic International
Slot Machines Demand to Grow Substantially in the Forecast Period
Slot Machines dominates the global online market as they are among the most popular and widely recognized casino games. They attract a diverse range of players, including both novice and experienced gamblers. This popularity ensures a consistent demand for slot machines.
Casinos is the Leading Application Segment
In terms of application, the Casinos is the leading segment as they are the primary establishments that rely on gaming equipment to generate revenue. They heavily invest in various gaming equipment, including slot machines, table games, and electronic gaming machines, to attract and retain customers.
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North America is the leading Market Due to the Technological Advancements
North America, particularly the United States, has a well-established and mature casino industry. The region is home to numerous world-renowned casinos in destinations like Las Vegas and Atlantic City. These casinos consistently invest in high-quality gaming equipment to maintain their reputation and attract visitors.
A recent report thoroughly analyzes the major players operating within the Casino Gaming Equipment market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavors to develop innovative solutions that cater to the ever-increasing demand for Casino Gaming Equipment.
Key Developments in Casino Gaming Equipment Market
- In January 2023, Scientific Games Corporation announced the launch of its new iGame360 platform, which offers a variety of new and innovative casino games.
- In February 2023, Aristocrat Leisure Limited announced the acquisition of Ainsworth Game Technology Limited, a leading provider of gaming machines and systems.
- In March 2023, International Game Technology (IGT) announced the launch of its new Virtual Sports platform, which offers a variety of virtual sports betting games.
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Key Questions Answered in Casino Gaming Equipment Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- Can you list the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market’s future growth?
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