Casino Gaming Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR70703
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 Casino Gaming Market - 2021-2025

The casino gaming market size is expected to reach a value of USD 50.03 billion during 2021-2025 at a CAGR of 4.85%. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as the easing of government regulations are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Casino Gaming Market Size

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Casino Gaming Market Segments

Navigate through market segmentation by type (land-based casino gaming and online casino gaming) and geography (North America, APAC, Europe, South America, and MEA) in this casino gaming market report to pursue growth opportunities.

Get actionable insights on the casino gaming market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic casino gaming market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Casino Gaming Market Vendors and Competitive Analysis

The casino gaming market is concentrated and the vendors are deploying growth strategies such as focusing on investing in the development and expansion of the existing facilities to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full casino gaming market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Casino Gaming Market Vendors

Casino Gaming Market - Region Opportunities 2021-2025

38% of the casino gaming market growth will originate from APAC during the forecast period. China is the key market for the casino gaming market in APAC. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Casino Gaming Market Share by Geography

APAC has been exhibiting a significant growth rate for casino gaming market vendors. Factors such as the increasing establishment of casinos and the rise in sports betting are accelerating the casino gaming market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The casino gaming market share growth in APAC will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Casino Gaming Market Insights by Type

Casino Gaming Market Share by Type

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The casino gaming market share growth by the land-based casino gaming segment will be significant during the forecast period. Factors such as the exclusive hospitality offered by casino operators, which attracts a large number of individuals to play casino games and opt for guest rooms in hotels attached to casinos will drive the land-based casino gaming market segment growth. This report provides an accurate prediction of the contribution of all the segments to the growth of the casino gaming market size.

From the casino gaming market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Casino Gaming Market Drivers & Trends

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding casino gaming market growth is difficulties in securing online payments. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

Easing of government regulations is a key driver augmenting the casino gaming market growth. Although gambling is banned and strict regulations have been imposed, it is one of the major sources of revenue for countries, especially the US and China. Casinos are one of the major revenue-contributing segments in the global gambling market. They contribute significantly to the growth of the global economy by generating revenue in the form of tax. Legalizing of casinos worldwide can create job opportunities for people. Additionally, the revenue generated from casinos can be used for societal welfare institutions such as NGOs, hospitals, and education institutions.

This casino gaming market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

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Casino Gaming Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive casino gaming market growth during the next five years
  • Precise estimation of the casino gaming market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the casino gaming market across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of casino gaming market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The casino gaming market growth will increase by $50.03 billion during 2020-2025.
The casino gaming market is expected to grow at a CAGR of 4.85% during 2020-2025.
Technavio has segmented the casino gaming market by type (Land-based casino gaming and Online casino gaming) and geographic (North America, APAC, Europe, South America, and MEA).
BetAmerica, Boyd Gaming Corp., Caesars Entertainment Corp., Foxwoods Resort Casino, INTRALOT SA, Las Vegas Sands Corp., MGM Resorts International, Palms Casino Resort, Penn National Gaming Inc., Wynn Resorts Ltd. are a few of the key vendors in the casino gaming market.
APAC will register the highest growth rate of 38.40% among the other regions. Therefore, the casino gaming market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • France
  • Germany
  • Canada
The key factors driving the casino gaming market growth are:
  • Easing of government regulations
  • Shift in consumer gambling habits
The casino gaming market vendors should focus on grabbing business opportunities from the land-based casino gaming segment as it accounted for the largest market share in the base year.
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