Casino Gaming Equipment Market

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Casino Gaming Equipment Market Revenue Drivers,
Growth Opportunities, Value Chain Analysis and
COVID-19 Impact Insights, 2028
The global casino gaming equipment market
size was valued at USD 10.78 billion in 2020
and is expected to expand at a compound
annual growth rate (CAGR) of 4.7 from 2021
to 2028.

• The global Casino Gaming Equipment Market
  research report provides complete insights on
  industry scope, trends, regional estimates, key
  application, competitive landscape and financial
  performance of prominent players. It also offers
  ready data-driven answers to several
  industry-level questions. This study enables
  numerous opportunities for the market players to
  invest in research and development.
• Market Overview
• The global casino gaming equipment market size is
  expected to reach USD 15.31 billion by 2028,
  according to a new report by Million Insights. It
  is expected to expand at a CAGR of 4.7 from 2021
  to 2028. The liberalization of casinos in
  several countries and increased spending on
  gambling are the major factors driving the
  market. Increasing customer footfall forces
  casino operators to increase the casino
  gaming equipment to meet consumer demand.
• Casino Gaming Equipment Market Report Highlights
• North America captured the largest share of over
  38.0 in 2020. The U.S., Canada, and Mexico are
  significantly contributing to the regional market
  growth
• By product type, the casino tables segment is
  projected to expand at the fastest CAGR of 5.4
  from 2021 to 2028 as table games are most popular
  among the professional gamblers
• Asia Pacific is projected to register the fastest
  CAGR of 5.3 from 2021 to 2028. The presence of a
  large number of global players and the
  increased popularity of gambling will drive
  the regional market growth
• The slot machines product type segment held the
  largest share of more than 50.0 in 2020. The
  affordability and popularity of slot
  machines and the availability of different
  games on slot machines will drive the segment
  in the years to come

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Casino Gaming Equipment Market
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aming-equipment-market-report/request-demo The
increased intervention of technology will boost
market growth. Gambling is a big business all
around the world, and almost every country has
casinos. The growing popularity of gambling
attracts big players and encourages them to
expand casinos all around the world. Gaming
equipment with trending games is essential for
every casino to keep the consumers engaged,
thereby fueling the market growth. Increased
middle-class population, rise in disposable
income, and augmented spending on gambling will
drive the market globally. In addition,
manufacturing companies are coming up with
technologically advanced products to meet the
casinos increased demand for digital gaming to
provide a better gaming experience. The economic
slowdown in the COVID-19 pandemic has had a
negative impact on market growth. As most of the
countries worldwide faced the lockdown, like
other industries, the gaming industry also
witnessed a slowdown in economic growth
during the pandemic period. However, it is
expected that as things get normalized
post-2021, the industries are expected to pace up
their operations and thus, in turn, open new
growth opportunities for the market in the
upcoming years.
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