Casino Management System Market Trends

  • Report ID: 2637
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Casino Management System Market Trends

Growth Drivers

Increasing Tourism to Drive the Market Growth

As tourism is increasing in developed and developing countries the major share of the economy is depending on tourism which in turn boosts the growth of casinos. Moreover, with the governments permitting casinos in their countries attracts more interested folks towards them, which in turn increase the demand of casino management systems in the casinos.

Increasing Fraud and Spoofing Attacks to Drive the Market Growth

Games in casino involve lots and lots of currency transactions, which can tempt other customers and staff members to cheat and steal. To avoid such kind of frauds and cheatings, casino invests good amount of money to make the gaming environment safe and sound. In addition, rising demand for casinos and increasing social acceptance for casinos are other factors fueling in the demand for casino management systems (CMS).

Challenges

Rise in Online Gaming Market to hinder the market growth

The rapid increase of online games and casinos has challenged the market growth of casino management systems. As people are enjoying and find it more comfortable to play the online gambling games at their homes in comparison to going out to casinos. In addition, the requirement of more initial investment is other restraint factor to inhibit the market growth of casino management systems.

Casino Management Systems Market: Key Insights

Casino management system is a system which monitors processing and recording of all operational and serviceable transactions throughout a casino. The casino management system consists of different types of management tools and analytic software which help in surveillance of all operations taking place in the casinos; including understanding customer’s behavior, employee’s behavior and also help in predicative analyzing the probability of win or lose in the game. These features are boosting the casino management system market and are anticipated to grow with a CAGR of 16% over the forecast period 2020-2028. The casino management system market is segmented by purpose and by end user.

On the basis of purpose the market is further bifurcated into accounting & handling, security and surveillance, hotel management, analytics, player tracking, media management, marketing and promotions, out of which, security and surveillance segment is anticipated to hold the largest market share on account of increasing fraud and spoofing in the casinos and the increasing loss borne by casino owners for such heinous crimes. CLICK TO DOWNLOAD SAMPLE REPORT

On the other hand, the end user is segmented into small, medium and large casinos, out of which, the large and medium casinos are estimated to hold the large market share on account of high footfall. To manage high footfall requires more security which in turn increases the demand of casino management system.

Base Year

2024

Forecast Year

2025-2037

CAGR

16.3%

Base Year Market Size (2024)

USD 8.5 billion

Forecast Year Market Size (2037)

USD 60.53 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Author Credits:  Abhishek Verma


  • Report ID: 2637
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of casino management systems is assessed at USD 9.68 billion.

Casino Management Systems Market size was over USD 8.5 billion in 2024 and is projected to reach USD 60.53 billion by 2037, growing at around 16.3% CAGR during the forecast period i.e., between 2025-2037.

North America industry is expected to hold largest revenue share by 2037, owing to high unemployment which in turn has triggered the legalization of casinos.

The major players in the market are International Game Technology PLC, Konami Gaming Inc., HCL Technologies, Advansys Solutions Pvt Ltd, Honeywell International Inc., Intercard Inc., Casinfo Systems, Dallmeier Electronic, Agilysys Inc., Ensico Gaming DOO, and others.
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