Global Casino Management System Market by Application (Analytics, Player Tracking, Accounting & Cash Management, Security & Surveillance) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global casino management system market was worth USD 5.1 billion in 2019. It is forecast to grow at a CAGR 14.9% during the forecast period. Casino management systems will be in high demand due to the growing demand for new technologies in the gaming sector. Market growth is expected to be positively impacted by the increasing legalization of gaming establishments and the rising number of them. The market for casino management systems is also growing due to the increasing number of gambling clubs around the world. According to the American Gaming Association (AGA), there were 979 gaming clubs in the United States in 2018. The United States had the largest number of casinos worldwide in 2018.

Over the last few years, there have been significant improvements in technology and the gaming experience provided to patrons. In order to provide a more personal experience, casinos are dependent on their customers. Gaming clubs use a variety disparate systems to collect data about customers and their floor operations. Gaming club managers can use a single system to gather data from multiple systems. This allows them to streamline their operations and increase customer retention.

The casino management system includes a number of modules that can be used to manage various aspects of the gaming club operation, including accounting, security, surveillance, and management systems. These systems and tools can be used to track employee and customer activity on the gaming floor, and keep a record for future reference. The casino management system provides various analytical tools and software that help in understanding and analyzing customer and employee behavior to improve the operational efficiency.

This market is driven by increasing acceptance of casinos and a growing global casino presence. To boost economic growth and encourage international tourism, governments allow the establishment of gambling clubs. The market's growth has been impeded by the legalization of online gambling marketplaces and their rise. Market growth will also be impeded by stringent gaming regulations and laws.

North America has over 1,700 casino establishments. Over the forecast period, the region will dominate the market. Due to improving economic conditions, rising middle-class populations, and rising disposable income, emerging economies such as India, Brazil, China, and the Middle East are expected to experience significant growth in the forecast period.

Application Insights

In 2019, security and surveillance was the most important segment. They accounted for more that 22% of the market for casino management systems, and also a significant share of overall revenue. Gaming club surveillance systems are used to prevent theft and cheating on the floor, as well as at the resort. Operators can streamline their floor operations and remain financially viable with video surveillance solutions. Over the forecast period, the demand will be fueled by technological advances in automated security systems.

Casinos are prone to fraud, spoof attacks and large amounts of monetary transactions. This has led to an increase in security and surveillance systems. These systems include facial recognition, license plate readers, as well as other analytics that enable operators to prevent fraud, theft, and cheating at the gambling club floor. Casino management companies are always looking for new technology to solve security problems. Gaming club operators are committed to providing a safe gaming environment. This is why they have adopted security and surveillance solutions.

With a projected 16.3% CAGR over the forecast period, the analytics segment will be the fastest-growing segment. This is due to the growing use of advanced systems in casino operations and management. These systems collect a wide range of data that can be analyzed to provide meaningful insights. Operators can gain insight into customer behavior, their game preferences, spending patterns, as well as win/loss probabilities using analytical tools. These insights allow gaming club operators the ability to provide a personalized gaming experience that increases customer retention and improves operational efficiency.

Regional Insights

With a large share of the market, North America is expected to be the leader in 2019. The key factors driving the expansion of casino management systems within the region are technological proliferation and a highly saturated casino industry. Market growth will be boosted by the increasing use of casino management systems to improve operational efficiency, customer retention, as well as to gain a competitive advantage. Major technology players such as IGT, Micros Systems, Inc., CasInfo, Bally Technology, Konami Corporation, and Agilysys, Inc. have contributed to the growth of this market.

Asia Pacific will be the fastest-growing region, with a CAGR in excess of 16.8% during the forecast period. This is due to the rapid rise in disposable income, changing consumer preferences and a better acceptance of gambling clubs by the public. Regional growth will also be supported by the relaxation of government regulations that support gaming clubs in the region. Over the forecast period, the demand for casino management software is expected to rise due to tax benefits.

Market Share Insights & Key Companies

Due to the presence of several prominent players, such as International Game Technology (IGT), Konami Corporation, Micros Systems, Inc., LGS, Honeywell International, Inc., Aristocrat Leisure Limited, and Next Level Security Systems, Inc., this market is extremely competitive. These market players particularly focus on entering into mergers and acquisitions and joint ventures/collaborations in order to enhance their market presence.

Vendors have been forced to invent and invest large amounts in R&D for advancement systems because they lack product differentiation. To meet changing customer needs and increase their market share, industry players have focused on inorganic and organic growth strategies, such as R&D investments and product innovation.

Casino management systems can have many modules, depending on the requirements of each gaming club. This is because not all solutions are created equal. Vendors tend to create open systems that allow club operators to incorporate third-party solutions and hardware in order to maximize control over gaming operations. Over the forecast period, vendors that focus on management systems, databases and security solutions, as well as analytical tools, are likely to increase market share and grow.

Casino Management System Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers analysis of industry trends for each sub-segment from 2016 to 2027. Grand View Research has divided the market report on global casino management systems based upon application and region.

• App Outlook (Revenue USD Million, 2016-2027)

  • Security & Surveillance

  • Analytics

  • Accounting & Cash Management

  • Player tracking

  • Property Management

  • Marketing and Promotions

  • Other

• Regional Outlook (Revenue USD Million, 2016-2027)

  • North America

    • The U.S.

    • Canada

  • Europe

    • The U.K.

    • Germany

  • Asia Pacific

    • India

    • China

    • Japan

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa (MEA)

These are the most frequently asked questions about this report

b. Global casino management system market was valued at USD 5,108.0 Million in 2019, and is forecast to grow to USD 5,860.1 Billion by 2020.

b. Global casino management system market will grow at a compound annual rate of 14.9% between 2019 and 2027, reaching USD 15,499.1 trillion by 2027.

b. With a 43.0% share in 2019, North America was the dominant market for casino management systems. Technology proliferation, a highly saturated casino industry and the presence of major technology suppliers in the region are some reasons for this dominance.

b. Konami Corporation, Bally Technologies, Agilysys, Inc., International Game Technology, Casinfo Systems, LGS, Lodging and Gaming Systems), Honeywell International, Inc., and Next Level Security Systems, Inc. are some of the key players in the market for casino management systems.

b. b.

Up Market Research published a new report titled “Casino Management System Market research report which is segmented by Application (Analytics, Player Tracking, Accounting & Cash Management, Security & Surveillance), By Players/Companies Marketing & Promotions, Security & Surveillance, Analytics, Application Outlook (Revenue USD Million 2016 - 2027)Security & SurveillanceAnalyticsAccounting & Cash ManagementPlayer TrackingProperty ManagementMarketing & PromotionsOthers, Player Tracking, Accounting & Cash Management, Others, Property Management”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Casino Management System Market Report Segments:

The market is segmented by Application (Analytics, Player Tracking, Accounting & Cash Management, Security & Surveillance).

Casino Management System Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Casino Management System Market

Overview of the regional outlook of the Casino Management System Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Casino Management System Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Casino Management System Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Analytics

                2. Player Tracking

                3. Accounting & Cash Management

                4. Security & Surveillance

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Casino Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Casino Management System Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.