LONDON--(BUSINESS WIRE)--Technavio has been monitoring the casinos and gambling market and it is poised to grow by USD 82.09 bn during 2020-2024, progressing at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
What are the major trends in the market?
Use of technological innovation in casinos is a major trend driving the growth of the market
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 13.90% and the incremental growth of the market is anticipated to be $ 82.09 bn.
Who are the top players in the market?
Boyd Gaming Corp., Caesars Entertainment Corp., Crown Resorts Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., Golden Entertainment Inc., Las Vegas Sands Corp., MGM Resorts International, SJM Holdings Ltd., and William Hill Plc, are some of the major market participants.
What is the key market driver?
The growing popularity of online gambling is one of the major factors driving the market.
How big is the APAC market?
The APAC region will contribute 50% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Boyd Gaming Corp., Caesars Entertainment Corp., Crown Resorts Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., Golden Entertainment Inc., Las Vegas Sands Corp., MGM Resorts International, SJM Holdings Ltd., and William Hill Plc are some of the major market participants. The growing popularity of online gambling will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Casinos and Gambling Market 2020-2024: Segmentation
Casinos and Gambling Market is segmented as below:
- North America
- South America
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Casinos and Gambling Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The casinos and gambling market report covers the following areas:
- Casinos and Gambling Market Size
- Casinos and Gambling Market Trends
- Casinos and Gambling Market Industry Analysis
This study identifies use of technological innovation in casinos as one of the prime reasons driving the Casinos and Gambling Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Casinos and Gambling Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist casinos and gambling market growth during the next five years
- Estimation of the casinos and gambling market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the casinos and gambling market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of casinos and gambling market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Platform
- Market segments
- Comparison by Platform
- Offline - Market size and forecast 2019-2024
- Online - Market size and forecast 2019-2024
- Market opportunity by Platform
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Boyd Gaming Corp.
- Caesars Entertainment Corp.
- Crown Resorts Ltd.
- Flutter Entertainment Plc
- Galaxy Entertainment Group Ltd.
- Golden Entertainment Inc.
- Las Vegas Sands Corp.
- MGM Resorts International
- SJM Holdings Ltd.
- William Hill Plc
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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