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In 2022, the global market for casino management systems was valued at USD 6.28 billion. Market size is forecast to grow from USD 7.24 Billion in 2023, to USD 22.56 Billion by 2030. This represents a 17.6% CAGR over the forecast period. Block chain and cryptocurrency use on online gaming platforms is responsible for the market’s surge. Fortune Business Insights ™ offers this information in its report, “Casino Management System Market Outlook, 2023-2030”.
Key Industry Development
October 2022-Gaming Innovation Group Inc., (GiG), has formed a partnership to provide world-class platform solutions with Strike Games. GiG’s front-end and player account management systems, as well as Content Management System (CMS) are all part of the collaboration.
Report Scope & Segmentation
|
Report Coverage |
Details |
| Forecast Period | 2023 to 2030 |
| CAGR Forecast for the Period 2023-2030 | 17.6% |
| 2030 Value Projection | USD 22.56 Billion |
| Base Year | 2022 |
| The Casino Management System Market in 2022 | USD 6.28 Billion |
| Historical Data | 2020 to 2021 |
| No. No. | 150 |
| Segments covered | Module, Application, and Geography |
Key Takeaways
- The market for casino management systems in North America reached USD 3.29 Billion in 2022
- The rising awareness and need for advanced surveillance and security systems is one of the major driving forces.
- Accounting holds the largest market share by application
- The casinos are a major source of global demand.
- The market will be driven by digital currencies in the 2023-2030 forecast period.
Drivers & Restraints:
- Market share to rise due to growing inclination towards better management of security operations.
- The growing concern about fraud and theft is one of the key factors driving the market for casino management systems.
- This can be attributed to the high volume of daily monetary transactions in casino and the increasing demand for advanced solutions.
- The market growth can be slowed by a variety of factors, including the rising popularity of online gambling platforms and smartphone penetration.
Segments:
Table Games Record Substantial Growth due to Growing Popularity Among Young People
The market for casino management software is divided by module into two segments: table games and slots. The market for table games is expected to experience significant growth over the forecast period. This segmental growth can be attributed to an increase in table games like blackjack, red dog and roulette, as well as craps.
Security & Surveillance Segment to Gain Traffic Owing to Rising Demand for Security Solutions
The market can be subdivided by application into security & surveillance and player tracking. Over the forecast period, security & surveillance is expected to grow at a significant CAGR. This is due to the increasing incidence of identity theft and fraud in various financial transactions.
Based on geography, the market place for casino management systems can be divided into North America and Asia Pacific, Europe, Asia Pacific, Europe, or the rest of the globe.
Insights from the Region:
North America Leads in Rising CMS Adoption for Customer Retention
Over the forecast period, North America’s casino management system market is expected to experience significant growth. This is due to increasing product adoption for customer retention, and improved operational efficiency.
The market for Asia Pacific is expected to experience significant growth over the course of the study. This can be attributed to the increased introduction of IT solutions and systems.
Competitive Landscape:
Leading Companies Sign Partnership Agreements to Increase Product Reach
The major players are focusing on various strategic initiatives. These initiatives are being taken to consolidate their industry presence. These steps include mergers, acquisitions and product development.
Key Players List Mentioned In the Report:
- Ensico CMS d.o.o. (Slovenia)
- WIN Technologies Limited (Barcelona).
- Novomatic (Austria)
- Apex Pro Gaming s.r.o. (Czechia)
- CT Gaming (Bulgaria).
- Tangam Systems (Canada)
- Table Trac, Inc. (U.S.).
- Evona (U.K.)
- Casinfo Systems (U.S.
- Agilysys NV LLC. (U.S.)
Major Table Of Contents:
-
Global Casino Management System Market Size Forecasts and Estimates, Segments, 2019-2030
- The Key Findings
-
By Module (USD).
- Slot Games
- Table Games
-
By Application (USD).
- Accounting
- Security & Surveillance
- Players tracking
- Marketing and Promotions
- Gaming Analytics
- Other (Digital Content Management, Etc.
-
By Region (USD).
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW).
-
North America Casino Management System Market Size Forecasts and Estimates, Segments, 2019-2030
- The Key Findings
-
By Module (USD).
- Slot Games
- Table Games
-
By Application (USD).
- Accounting
- Security & Surveillance
- Players tracking
- Marketing and Promotions
- Gaming Analytics
- Other (Digital Content Management, Etc.
-
By Country (USD).
- United States
- Canada
- Mexico
-
Europe Casino Management System Market Size Forecasts and Estimates, Segments, 2019-2030
- The Key Findings
-
By Module (USD).
- Slot Games
- Table Games
-
By Application (USD).
- Accounting
- Security & Surveillance
- Players tracking
- Marketing and Promotions
- Gaming Analytics
- Other (Digital Content Management, Etc.
-
By Country (USD).
- U.K.
- Italy
- Ireland
- Finland
- Sweden
- Rest of Europe
