Casino Management System Market Is Anticipated to Attain Around $11.73 Billion By 2025

Casino Management System Market Size Worth $11.73 Billion by 2025 |
Grand View Research, Inc
“ Growing demand for these establishments and incr easing social acceptance
are expected to emerge as crucial factors for driving the market. Increasing
use of technologically advanced solutions and systems across the casino floor
to boost operational efficiency will further drive growth in the casino
mana gement system market. ”
The global casino management system market size is expected to reach USD 11,726.7 million by 2025, according to
a new study by Grand View Research, Inc., progressing at a CAGR of 14.8% during the forecast period. Growing
demand for these establishments and increasing social acceptance are expected to emerge as crucial factors for
driving the market. Increasing use of technologically advanced solutions and systems across the casino floor to boost
operational efficiency will further drive growth in the casino management system market.
North America emerged as the highest revenue generating segment in 2016 and is expected to grow at a CAGR of
13.5% from 2017 to 2025. However, it is estimated that Asia Pacific will witness significant growth and will grow with
the fastest CAGR of 17.0% over the forecast period. The growth of the casino gaming industry, especially in Japan,
China, and India, is expected to play a major role in propelling the over the forecast period. Governments across the
region are gradually legalizing casino gaming, owing to the various social and economic benefits. A rising number of
these establishments and evolving customer preferences towards casino-style gaming will boost the casino
management system market over the next nine years.
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It involves a multitude of monetary transactions which has resulted in an increase in the number of fraud and
spoofing attacks. To safeguard against cheating, fraud and other crimes, operators are heavily investing in security
& surveillance solutions to ensure a safe gaming environment across the casino floor. Hence, security & surveillance
systems have become a vital component of a casino management system enabling casino operators to monitor and
manage security threats in real time. Video analytics, license plate recognition, facial recognition and automated
surveillance technologies are being implemented increasingly which is expected spur the casino management system
market growth.
These systems incorporate analytic tools, management systems, player tracking, and other tools. The analytics
segment is expected to grow with the fastest CAGR of 16.2% over the forecast period. These systems are expected
to witness high penetration as casinos become more data driven and analytical tools can help gain a competitive
edge. Analytical tools offer varying insights on customer behaviour, game preferences, spending patterns, and
win/loss probabilities, among others. Such insights enable operators to deliver a personalized gaming experience,
enhancing customer retention rate and streamline gaming operations. However, emerging online gaming platforms
are expected to gain increased market penetration owing to the evolving customer preferences which is likely to
hinder the market growth.
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www.grandviewresearch.com/industry-analysis/casino-management-system-market
Further key findings from the study suggest:
• The security & surveillance segment is expected to dominate the overall market, and was valued at USD 757.6
million in 2016. Advancements in automated security solutions is further expected to drive market growth in
this segment.
• Analytics segment is expected to witness significant growth at a CAGR of over 16% from 2017 to 2025.
Analytical tools are likely to witness increased adoption over the forecast period owing to varying insights
offered enabling operators to remain profitable.
• The player tracking segment was valued at USD 512.6million in 2016. Operators are incorporating digital
technologies to deliver a more personalized gaming experience and drive customer retention rate.
• Asia Pacific is expected to witness the highest growth rate over the forecast period. Increased demand for
these establishments coupled with changing consumer preferences and rising disposable income will
augment the market growth.
• Global players include International Game Technology (IGT), Micros Systems, Inc., Aristocrat Leisure Limited,
Konami Corporation, Bally Technologies, and Honeywell International, Inc., among others.
• Key players are adopting organic and inorganic growth strategies such as investments in R&D, product
innovation, and M&A activities to acquire larger market share.
View more reports of this category by Grand View Research at
www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
Grand View Research has segmented the global casino management system market on the basis of application, and
region:
Casino Management System Application Outlook (Revenue, USD Million; 2014 - 2025)
• Security & Surveillance
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• Analytics
• Accounting & Cash Management
• Player Tracking
• Property Management
• Marketing & Promotions
• Others
Casino Management System Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Browse Press Release of this Report:
www.grandviewresearch.com/press-release/global-casino-management-system-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to
chemicals, materials and healthcare.
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Grand View Research, Inc
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