San Francisco, California, June 21, 2017: A recent market research report by TMR Research gives a detailed account of the present state of development and the future growth prospects of the global casino management systems market. The report is titled “Casino Management Systems (CMS) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025.” The report states that the market will exhibit growth at a healthy pace over the report’s forecast period.
The thriving market for online gaming and the intervention of wireless technology have presented vast growth opportunities to the casino industry in the past few years. The market for casino management systems has witness the rise of a number of new companies presenting a variety of software solutions that help casino resorts efficiently manage and operate their facilities. The increased adoption of such software solutions necessitates the incorporation of a central management system that can gather critical data from and provide an effective communication medium between operational systems typically found in modern casino facilities. This is expected to emerge as a key growth driver of the global casino management systems market in the near future.
Some of the key applications witnessing a notable rise in demand in casino management systems are promotional kiosks, internet gaming, sports and race book, slot ticketing, radio-frequency identification (RFID) table monitoring, and bingo. While growth prospects of the global casino management systems market are generally positive on a whole, strict regulations related to gambling are likely to challenge the market across certain regional markets.
From a geographical standpoint, the casino management systems market in North America is presently the leading contributor of revenue to the global market. The strong hold of North America on the global casino management systems market can be attributed to the presence of some of the world’s most popular casinos and the high rate of unemployment, which had led to the legalization of casinos in the region. The market for casino management systems in Asia Pacific is presently an unestablished territory and has vast potential of growth in the next few years. The regional market is expected to present lucrative growth opportunities owing to the progress of the casino industry in regions such as Macau.
The report also presents a detailed overview of the competitive landscape of the global casino management systems market, a detailed account of recent developments, and detailed business profiles of some of the leading vendors operating in the global casino management systems market. Companies profiled in the report are Casinfo Systems, Advansys, Next Level Security Systems, HCL Technologies, Gaming DOO, Dallmeier, WMS Gaming Inc., Honeywell, and Table Trac.