Global Slot Machine Market 2018-2022 | Popularity of Reconfigurable Electronic Gaming Machines to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–#Research–The global slot machine market is expected to post a CAGR of close to
16% during the period 2018-2022, according to the latest market research
report by Technavio.

A key factor driving the growth of the market is increasing online sales
of slot machines. The boom in the e-commerce market has enabled many
slot machines manufacturers to sell their products through various
online portals. These vendors also cater to the customers’ requirements
of a customized slot machine. The demand for high quality slot machines
has been increasing globally, and it varies depending on the region and
the type of casino. For instance, slot machines with gambling games like
poker are popular in gambling hubs in the US, Europe, and China. A few
casinos in these regions opt for high-quality slot machines with
different themes. Thus, manufacturers and casino owners prefer trading
technologically advanced equipment via the online platform. Thus, the
online platform will enable the increased sales of these devices, in
turn driving the growth of the global slot machine market.

This market research report on the global
slot machine market 2018-2022
also provides an analysis of the
most important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the popularity of reconfigurable
electronic gaming machines as one of the key emerging trends in the
global slot machine market:

Global slot machine market: Popularity of
reconfigurable electronic gaming machines

Electronic gaming machines are gaining traction in modern casinos as
they are user-friendly and can be easily upgraded. Leading vendors such
as Apollo Games provide reconfigurable and customizable slot gaming
terminals. Such slot gaming terminals can be used to play different
types of slot games and are reconfigurable. This enables casinos to
upgrade their slot machines based on various popular themes and trends.
Such reconfigurable machines are gaining traction and are replacing the
older mechanical slot machines. This helps in reducing the inventory
cost for vendors and is a key trend being witnessed in the global slot
machine market.

“A gradual shift in the demand from ordinary slot machines to
advanced slot machines is being witnessed in the slot machine industry,
as the latter offers configurable options to the casinos, wherein the
game theme, prize money, and other aesthetics of the slot machine can be
changed. Most of the existing and new casinos are replacing their
prevailing slot machines with these advanced slot machines. Therefore,
advanced slot machines are gaining popularity and will boost the growth
of the global market,”
says a senior analyst at Technavio for
research on media and entertainment services.

Global slot machine market: Segmentation

This market research report segments the global slot machine market by
type (digital and mechanical) and geographical regions (APAC, EMEA, and
the Americas).

The Americas led the market in 2017 with a market share close to 39% of
the market share, followed by EMEA and APAC respectively. During the
forecast period, the Americas is expected to show the highest
incremental group followed by the APAC region.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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