Press release
Casino Management Systems Market Report Research and Global Outlook 2020- International Game Technology PLC, Novomatic AG, Bally Technologies Inc., Konami Gaming Inc., Winsystems Inc
The global casino management systems market was valued at USD 4.45 billion in 2018 and is expected to reach a value of USD 10.70 billion by 2024, at an estimated CAGR of 15.78%, over the forecast period (2019-2024).A Casino Management System (CMS) serves as the focal point for the day to day operations and transactions happening in a casino. To make the operations efficient of a casino and manage casino assets, as well as properly monitor the security and surveillance systems in a casino, CMS is incorporated into casino management.
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Market competition by Top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the Top players including-
International Game Technology PLC, Novomatic AG, Bally Technologies Inc., Konami Gaming Inc., Winsystems Inc., TCS John Huxley, Aristocrat Leisure Limited, Apex Gaming Technology, MICROS Systems Inc (Renamed Oracle Hospitality), Agilysys, Amatic Industries GmbH, Bluberi Gaming Technologies Inc., Decart Ltd
Market segment by Regions/Countries, this report covers
North America (U.S., Global, Mexico)
Global (Germany, UK, France, Rest of Global)
Asia Pacific (China, India, Japan, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Rest of Latin America)
Middle East & Africa
Analytics Segment Occupies the Largest Market Share
- Casino operators have terabytes of data with them, which includes customer information. Analytics helps the casino operators to maintain the customer database.
- Analytics today not only records customer database but has evolved to segmenting customers based on profitability, to predict profitability, manipulate customer behavior with specific promotional offers, and marketing campaigns targeted to a specific segment of customers.
- With the use of predictive analytics, casinos can now graph a customers value and anticipate the customers behavior. With increasing investments in database warehousing technologies, and due to the widespread adoption of loyalty cards, most customer transactions are tracked.
Asia Pacific to Witness the Highest Growth
- With the growing casino & gaming industry, Asia-Pacific is rapidly emerging as a market on the path to becoming a leader in the world. With Macau, the jewel of this regions casino industry, and the emergence of Singapore as a center for casinos in the recent past, the growth of casinos is expected to increase in this region.
- Increasing population, along with rising disposable incomes and the influx of tourists, is expected to set the stage for casino management systems in Macau. Macau is the only place in China where gambling is legalized, which further contributes to the growth of the market in this location.
Competitive Landscape
-March 2018 - TCS John Huxley appointed LGS Gaming as a sole supply partner for its products and services in France and the French-speaking Switzerland. This agreement is a part of the companys strategy to provide local customer support, to ensure the requirements are dealt quickly and efficiently.
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The key insights of the Casino Management Systems Market report:
─The report provides key statistics on the market status of the Casino Management Systems market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
─The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
─The Casino Management Systems market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.
─The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
─The report estimates 2020-2024 market development trends of Casino Management Systems Market.
─Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
─The report makes some important proposals for a new project of Casino Management Systems Industry before evaluating its feasibility.
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Finally, this Casino Management Systems report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Casino Management Systems product development and gives an outline of the potential Global market.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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