SAN FRANCISCO, Sept. 7, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Casino Management Systems (CMS) – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 1563
Companies: 21 – Players covered include Advansys Limited; Agilysys, Inc.; Aristocrat Technologies Australia Pty Limited; Avigilon Corporation; Bluberi Gaming Canada, Inc.; Casinfo Systems; Cyrun; Dallmeier Electronic GmbH & Co. KG; Ensico Gaming D.O.O. ; HCL Technologies Ltd.; HCONN, Inc.; Honeywell International, Inc.; Info-Connect A/S; Intercard Inc.; International Game Technology PLC; Konami Gaming, Inc.; LGS Casino Management Systems; Lodging and Gaming Systems; Microsaic Systems Plc; Milestone Systems A/S; Next Level Security Systems; Table Trac, Inc.; Tangam Systems Inc.; TCSJohnHuxley; Wavestore Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Application (Security & Surveillance, Analytics, Accounting & Cash Management, Player Tracking, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Casino Management Systems (CMS) Market to Reach $11.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Casino Management Systems (CMS) estimated at US$5 Billion in the year 2020, is projected to reach a revised size of US$11.4 Billion by 2026, growing at a CAGR of 14.5% over the analysis period. Security & Surveillance, one of the segments analyzed in the report, is projected to record a 14.5% CAGR and reach US$4.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Analytics segment is readjusted to a revised 15.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.5 Billion in 2021, While China is Forecast to Reach $2.5 Billion by 2026
The Casino Management Systems (CMS) market in the U.S. is estimated at US$1.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2026 trailing a CAGR of 18.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.3% and 12.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR.
Accounting & Cash Management Segment to Reach US$1.7 Billion by the year 2026
In the global Accounting & Cash Management segment, USA, Canada, Japan, China and Europe will drive the 13% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$595.1 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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