Slot Machine Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR40412
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The slot machine market share is expected to increase by USD 8.91 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 12.14%.

This slot machine market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers slot machine market segmentation by product (digital and mechanical) and geography (Europe, North America, APAC, South America, and MEA). The slot machine market report also offers information on several market vendors, including AMATIC Industries GmbH, APEX pro gaming AS, APOLLO SOFT s.r.o., Aristocrat Leisure Ltd., Eclipse Gaming Systems LLC, International Game Technology plc, KONAMI HOLDINGS CORP., NOVOMATIC AG, Scientific Games Corp., and Universal Entertainment Corp. among others.

What will the Slot Machine Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Slot Machine Market Size for the Forecast Period and Other Important Statistics

 

Slot Machine Market: Key Drivers and Trends

The growing vendor involvement in the market is notably driving the slot machine market growth, although factors such as the rising number of fraud cases may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the slot machine industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Slot Machine Market Driver

One of the key factors driving growth in the slot machine market is the growing vendor involvement in the market. A rise in the number of casinos is providing ample opportunities for the vendors in the market, and they are delivering casino-related products and solutions to facilitate casino gambling. Vendors operating in the global slot machine market are increasingly focusing on expanding their product portfolio with new product launches. New product launches help vendors increase the sales of slot machines, thus helping in increasing their market share. The vendors in the market are trying to attract more consumers by introducing new variants of slot machines with improved features. Thus, the introduction of new models helps increase sales, which would positively influence the growth of the slot machine market.

Key Slot Machine Market Challenge

The rising number of fraud cases will be a major challenge for the slot machine market during the forecast period. A significant threat for the entire gaming and gambling industry arises from illegal activities, which may drain significant betting volumes from the regulated gambling industry. Tampering of slot machines is quite rampant among casino owners. There have been reported cases of unregulated slot machines or gray machines in the US. These machines are outside the gambling ecosystem and are not subjected to any gambling taxes or fees. The presence of gray machines threatens revenue generation in the gambling industry. If people opt to use the machines instead of spending money on lotteries or going to a casino, the government revenue will be diminished.

This slot machine market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Slot Machine Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AMATIC Industries GmbH
  • APEX pro gaming AS
  • APOLLO SOFT s.r.o.
  • Aristocrat Leisure Ltd.
  • Eclipse Gaming Systems LLC
  • International Game Technology plc
  • KONAMI HOLDINGS CORP.
  • NOVOMATIC AG
  • Scientific Games Corp.
  • Universal Entertainment Corp.

 

This statistical study of the slot machine market encompasses successful business strategies deployed by the key vendors. The slot machine market is fragmented and the vendors are deploying competitive pricing strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The slot machine market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Slot Machine Market?

For more insights on the market share of various regions Request for a FREE sample now!

35% of the market’s growth will originate from Europe during the forecast period. The UK, Italy, and France are the key markets for slot machines in Europe. However, the market growth rate in Europe will be slower than the growth of the market in other regions.

The changing regulatory landscape in European countries will facilitate the slot machine market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Slot Machine Market?

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

The slot machine market share growth by the digital segment will be significant during the forecast period. Digital slot machines are considered highly user-friendly equipment as they provide all the information in a display format of commentaries and help one play without any assistance or help. Such attributes have led to the widespread demand for these machines in casinos. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the slot machine market size and actionable market insights on post COVID-19 impact on each segment.

 

Slot Machine Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 12.14%

Market growth 2021-2025

$ 8.91 billion

Market structure

Fragmented

YoY growth (%)

9.07

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 35%

Key consumer countries

US, China, UK, Italy, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AMATIC Industries GmbH, APEX pro gaming AS, APOLLO SOFT s.r.o., Aristocrat Leisure Ltd., Eclipse Gaming Systems LLC, International Game Technology plc, KONAMI HOLDINGS CORP., NOVOMATIC AG, Scientific Games Corp., and Universal Entertainment Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Slot Machine Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive slot machine market growth during the next five years
  • Precise estimation of the slot machine market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the slot machine industry across Europe, North America, APAC, 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 slot machine market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Digital - Market size and forecast 2020-2025
    • Mechanical - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AMATIC Industries GmbH
      • APEX pro gaming AS
      • APOLLO SOFT s.r.o.
      • Aristocrat Leisure Ltd.
      • Eclipse Gaming Systems LLC
      • International Game Technology plc
      • KONAMI HOLDINGS CORP.
      • NOVOMATIC AG
      • Scientific Games Corp.
      • Universal Entertainment Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      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
      Technavio

      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
      Technavio

      TechnavioREPORT WRITING

      Qualitative

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

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The slot machine market growth will increase by $8911.39 million during 2020-2025.
      The slot machine market is expected to grow at a CAGR of 12.14% during 2020-2025.
      Technavio has segmented the slot machine market by product (Digital and Mechanical) and geographic (Europe, North America, APAC, South America, and MEA).
      AMATIC Industries GmbH, APEX pro gaming AS, APOLLO SOFT s.r.o., Aristocrat Leisure Ltd., Eclipse Gaming Systems LLC, International Game Technology plc, KONAMI HOLDINGS CORP., NOVOMATIC AG, Scientific Games Corp., Universal Entertainment Corp. are a few of the key vendors in the slot machine market.
      Europe will register the highest growth rate of 35.40% among the other regions. Therefore, the slot machine market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the slot machine market growth are:
      • Growing vendor involvement in market
      The slot machine market vendors should focus on grabbing business opportunities from the digital segment as it accounted for the largest market share in the base year.
      Safe and Secure SSL Encrypted
      Technavio

      Single User:

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Want to customize this report?

      This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

      We offer $1000 worth of FREE customization at the time of purchase
      Technavio
      Enquire Before Buying
      1. Home
      2. Consumer Discretionary
      3. Published Report
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>