According to a casino market analysis report Casinos: Worldwide Market Analysis, Trends and Forecasts from Research and Markets, the sector is projected to grow $126.3 billion or 9.9% throughout the world by 2025.
According to the report, the United States will continue to be the leader in the sector with 11.3% of growth from the current worth of the industry. Additionally, Europe will also remain a growing environment with Germany taking the lead and adding more than $5.7 billion to Europe by 2025. Additionally, $5.9 more will come from other European markets for a total of $11.6 billion or around 9.2% of the total projected growth.
In Asia, the two most important markets are China and Japan. According to the report: “In Japan, gambling machines will reach a market size of US$9.5 billion by the close of the analysis period.” This means that approximately 7.5% of the market growth is projected to come from Japan. As for China, the second-largest economy in the world and a major “game-changer in global markets,” it is projected to grow at 9.5% and add around $21.5 billion to the projected growth.
One of the highly potential sectors within the industry is gambling machines projected to grow at above 10.5% and reach $125.9 billion by 2025. According to the report: “The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.”