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Casino Management Systems Market Growth, Future Prospects & Competitive Analysis, 2018 - 2026

Overview:

The global casino management systems market presumed to grow at a double digit CAGR during the forecast 2018 -2026. Modern casinos are changing rapidly with evolving digital habits of consumers. The casino industry is one of those industries that primarily focuses on customer retention than acquiring new customers. The industry leverages support of IT solutions and services for tracking real-time activities of customers as well as employees. Flourishing casino industry coupled with need for streamlining operations and management activities at modern day casino facilities is driving demand for casino management systems across the globe.  The transactions carried on a casino floor are monetary in nature and hence need for reliable security and surveillance solutions is requisite in casinos. In addition to reliable security, casino management solutions are also used for maintaining databases and for data analysis.

Casino owners tend to rely extensively on IT services and solutions for not only security and surveillance, but also for ensuring efficient operations and maintenance of number of equipment, assets, and equipment installed. The manufacturers are helping casinos to manage their processes more efficiently by developing state-of-the-art systems. The on-line, interactive form of commercial gambling is helping casinos to organize their business assets and manage tasks cost-effectively.

Casino management systems market is mainly driven by the increased digitization, rapidly growing gaming industry, and significant growth in international tourism. In addition, inclination of people towards casinos has increased among people due to growing gambling acceptance, especially in Asia Pacific and Europe. The market is experiencing an incremental growth in these regions as the government authorities are accepting gambling practices for levying heavy tax regulations. Rising need for reliable security and surveillance is also fueling the market growth. In order to limit risks of security breaches, casino owners worldwide are increasingly deploying casino management systems in their casinos. Thus, the market is expected to witness strong growth during the forecast period (2018 – 2026).

The global casino management system market is segmented on the following bases:

  • Application
    • Security & Surveillance
    • Analytics
    • Operational Management
    • Others (Marketing & Promotions, etc.)
  • End User
    • Small & Medium Casinos
    • Large Casinos
  • Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • South Asia
      • Rest of Asia Pacific
    • Rest of World
      • Middle East & Africa
      • Latin America

Key Players Identified for Casino Management System Market Include but are Not Limited to:

Advansys Limited, Agilsys, Inc., Avigilon, Ensico Group, HCONN, Inc., Honeywell International, Inc., KONAMI, LGS Casino Management Systems, Micros Systems (Oracle), Next Level Security Systems, , Wavestore, and Scientific Games among others

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