COVID-19 Impacts: Slot Machine Will Accelerate at a CAGR of over 15% Through 2020-2024 | Rising Number of Casinos to Boost Growth | Technavio

·5-min read

Technavio has been monitoring the slot machine and it is poised to grow by USD 14.09 billion during 2020-2024, progressing at a CAGR of over 15% 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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Technavio has announced its latest market research report titled Global Slot Machine Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

  • At what rate is the market projected to grow during the forecast period 2020-2024?

  • Growing at a CAGR of over 15%, the market growth will accelerate in the forecast period.

  • What is the key factor driving the market?

  • Rising number of casinos is one of the key factors driving the market growth.

  • Who are the top players in the market?

  • AMATIC Industries GmbH, APEX pro gaming AS, APOLLO SOFT s.r.o., Aristocrat Leisure Ltd., Eclipse Gaming Systems LLC, International Game Technology Plc, Konami Holdings Corp., NOVOMATIC AG, Scientific Games Corp., and Universal Entertainment Corp. are some of the major market participants.

  • Which region is expected to hold the highest market share?

  • Europe

  • What is the major trend for slot machine market?

  • Use of bitcoins in gambling is a major trend driving the market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AMATIC Industries GmbH, APEX pro gaming AS, APOLLO SOFT s.r.o., Aristocrat Leisure Ltd., Eclipse Gaming Systems LLC, International Game Technology Plc, Konami Holdings Corp., NOVOMATIC AG, Scientific Games Corp., and Universal Entertainment Corp. are some of the major market participants. To make the 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.

Rising number of casinos has been instrumental in driving the growth of the market.

Slot Machine 2020-2024: Segmentation

Slot Machine is segmented as below:

  • Product

    • Digital

    • Mechanical

  • Geographic Landscape

    • APAC

    • Europe

    • MEA

    • North America

    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40412

Slot Machine 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our slot machine report covers the following areas:

  • Slot Machine size

  • Slot Machine trends

  • Slot Machine analysis

This study identifies the use of bitcoins in gambling as one of the prime reasons driving the slot machine growth during the next few years.

Slot Machine 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the slot machine, including some of the vendors such as AMATIC Industries GmbH, APEX pro gaming AS, APOLLO SOFT s.r.o., Aristocrat Leisure Ltd., Eclipse Gaming Systems LLC, International Game Technology Plc, Konami Holdings Corp., NOVOMATIC AG, Scientific Games Corp., and Universal Entertainment Corp. Backed with competitive intelligence and benchmarking, our research reports on the slot machine are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Slot Machine 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist slot machine growth during the next five years

  • Estimation of the slot machine size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the slot machine

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of slot machine vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface

  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem

  • Market characteristics

  • Market segmentation analysis

  • Value chain analysis

PART 04: MARKET SIZING

  • Market definition

  • Market sizing 2019

  • Market size and forecast 2019-2024

  • Market outlook

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product

  • Comparison by product

  • Digital - Market size and forecast 2019-2024

  • Mechanical - Market size and forecast 2019-2024

  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation

  • Geographic comparison

  • Europe - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers

  • Market challenges

PART 11: MARKET TRENDS

  • Advent of innovative slot display solutions

  • Use of bitcoins in gambling

  • Growing number of M&A activities

PART 12: VENDOR LANDSCAPE

  • Overview

  • Landscape disruption

  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered

  • Vendor classification

  • Market positioning of vendors

  • AMATIC Industries GmbH

  • APEX pro gaming AS

  • APOLLO SOFT s.r.o.

  • Aristocrat Leisure Ltd.

  • Eclipse Gaming Systems LLC

  • International Game Technology Plc

  • Konami Holdings Corp.

  • NOVOMATIC AG

  • Scientific Games Corp.

  • Universal Entertainment Corp.

PART 14: APPENDIX

  • Research methodology

  • List of abbreviations

  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200807005168/en/

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