The Slot Machines Global Market Report 2023, provides comprehensive information on the slot machines market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global slot machine market size is expected to grow from $2.42 billion in 2022 to $2.60 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global slot machine market size is expected to reach $3.39 billion in 2027 at a CAGR of 6.9%.
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Technological advancement is the key trend gaining popularity in the slot machine market. Major companies operating in the slot machines market are focusing on integrating new technology with existing slot machines to make them more relevant to the new generation. For instance, in October 2022, Sightline Payments, a US-based cashless payment for the gaming industry company launched Project 250. Project 250 will fund the installation of digital payment technologies in 250,000 slot machines across the United States. Project 250 will allow casino owners to use Acres’ Foundation to modernize existing slot machines, allowing them to provide cashless services to their consumers in as little as 16 weeks. Sightline’s Mobile+ ecosystem works with the operator’s whole casino resort and loyalty programme, and Sightline’s Play plus digital payments technology rounds out the cashless experience.
The slot machines market is segmented:
1) By Type: Reel Slot Machines, Video Slot Machines, Multi-Denomination Slot Machines, Other Types
2) By Mode Of Operation: Floor Mounted, Portable
3) By Application: Casino, Other Applications
North America was the largest region in the slot machines market in 2022.
The table of contents in TBRC’s slot machines market report includes:
1. Executive Summary
2. Slot Machines Market Characteristics
3. Slot Machines Market Trends And Strategies
4. Slot Machines Market – Macro Economic Scenario
5. Slot Machines Market Size And Growth
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26. Africa Slot Machines Market
27. Slot Machines Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Slot Machines Market
29. Slot Machines Market Future Outlook and Potential Analysis
30. Appendix
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