The casino management systems market is projected to grow from USD 6.4 billion in 2020 to USD 13.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period. The evolving lifestyle and societal concerns and increasing use of cashless slot machines and server-based gaming to drive the market growth.
By component, the service segment to register the highest growth rate during the forecast period
Casino management solutions help casinos to run day-to-day operations smoothly and efficiently. These solutions collect information, store them in the database, and reproduce for making decisions at various points of time. All these solutions are deployed either as an individual system or as an integrated module with other systems in one packaged or bundle offering. Therefore, the solution segment holds the highest growth rate during the forecast period.
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Based on application, the security and surveillance to grow at the highest CAGR during the forecast Period
Almost all the games in a casino are related to the transaction of some amount of money. Whether a player wins or loses, but the house always wins. That is why casinos are always prone to stealing and cheating. To stop such incidents, casinos implement new technological systems to develop a safe and secure environment, but cheaters never give up. Cheaters try to steal money from the casinos using the same or newer technologies or distinctive methods. That is why casinos keep themselves updated with technological advancements when it comes to security and surveillance. Security and surveillance is broadly comprised of surveillance, access control, and alarm systems. Surveillance is comprised of CCTV cameras, IP cameras, DVR, NVR, and others. Access control includes smart cards, proximity cards, biometrics, and others.
Major vendors covered in the market report include Novomatic (Austria), Konami Gaming (Japan), Agilysys (US), Scientific Games (US), Oracle (US), Winsystems (Spain), Panasonic (Japan), Ensico Gaming (Slovenia), Apex Pro Gaming (Czechia), Amatic Industries (Austria), Honeywell (US), Dallmeier (Germany), HCL (India), Playtech (UK), Cyrun (US), IGT (UK), LGS (US), Wavestore (UK), Tangam Systems (US), Advansys (Slovenia), Avigilon (Canada), Casinfo Systems (US), RNGplay (India), FunFair (Ireland), Gaming Analytics (US), Delta Casino Systems (US), DAObet (Singapore), CasinoFlex Systems (Bulgaria), Omnigo (US), NtechLab (Russia), Nelysis (US), and Bateleur Systems (India).
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These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions to expand their presence in the casino management system market. Partnerships, agreements and collaborations, and new product launches have been the most adopted strategies by the major players from 2018 to 2020 to innovate their offerings and broaden their customer base.
Novomatic is one of the leading producers and operators of gaming technologies. Novomatic has presence in more than 50 countries and it exports high-tech electronic gaming equipment and solutions to more than 75 countries across the world with the employee strength of 22,000. It offers in all segment of gaming industry, with its product ranging from land-based gaming products and services, management systems, social gaming solutions, lottery and sports betting solutions. Since 2010, Novomatic is focused on online gaming business and has acquired companies like Greentube and Ainsworth Game Technology. Its RnD division is continuously develops cutting edge gaming equipment’s and helps in different domains of gaming including server-based / downloadable gaming, as well as online, social, and mobile gaming. Moreover, it also offers gamer protection by preventing gambling addiction throughout Europe. Novomatic offers myACP, that is a modular casino management system. The system is flexible enough to accommodate small arcades as well as large casino operations. It comes with features such as online slot control, online financial and accounting reporting, fund transfer solutions, member management, table management, cage management and many more. Novomatic has strong presence in European region and has presence in North America, APAC and LATIN America.
Konami is a Japanese entertainment and gambling conglomerate with its subsidiaries including Konami Digital Entertainment, Konami Amusement, Konami Gaming, and Konami Sports. Konami Gaming is established in 1997 in US. The company develops, publishes, markets and distributes video game software products for stationary and portable consoles. Konami Gaming is a leading player in slot machines and gaming enterprise management systems. Apart from health and physical fitness clubs in Japan, Konami produces and distributes trading cards, anime, tokusatsu, slot machines, pachinko machines, and arcade cabinets, and is a video game developer and publisher. Konami Gaming has produced products such as Fortune Cup, Beat Square, Concerto Collection, and SYNKROS which is a casino management system. SYNKROS is a fully integrated next generation of Konami Casino Management System (KCMS), which It is a dynamic and scalable systems designed for high availability. It can accommodate local pubs, cruise ships, large single destination properties, hybrid multi-property. SYNKROS offers business intelligence tools which provide detailed reports and visual analytics serve entire enterprise. These insights help in informed business decisions impact revenue, operational efficiencies and customers experiences. The company has wide presence across geographies such as North America, Europe, APAC and Latin America.
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