Press release
Video Lottery Terminals (VLT) Market Video Lottery Terminals (VLT) Market To Witness A Move In Growth By 2028, Stay Ahead of the Curve In The Competitive Landscape - Valuates Reports
A video lottery terminal (VLT), also sometimes known as a video gaming terminal, video slots, or the video lottery, is a type of electronicmachine. They are typically operated by a region's lottery, and situated at licensed establishments such as bars and restaurants.
The global Video Lottery Terminals (VLT) market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Video Lottery Terminals (VLT) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Video Lottery Terminals (VLT) is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Video Lottery Terminals (VLT) include Scientific Games, IGT, Playtech, Novomatic, Sisal Group, SYNOT GROUP and Apollo Games, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Video Lottery Terminals (VLT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Video Lottery Terminals (VLT).
The Video Lottery Terminals (VLT) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Video Lottery Terminals (VLT) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Video Lottery Terminals (VLT) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Key Segmentations
By Company
-Scientific Games
-IGT
-Playtech
-Novomatic
-Sisal Group
-SYNOT GROUP
-Apollo Games
Segment by Type
-Video Gaming Machines
-Video Pokr Machines
-Mechanical Reel Gaming Machines
Segment by Application
-New/ expansion
-Replacement
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