North America Electronic Table Games (ETG) Market Size By Product(Blackjack, Roulette, Baccarat), By Application(Casino, Racetracks, Bars), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
North America Electronic Table Games (ETG) Market Size By Product(Blackjack, Roulette, Baccarat), By Application(Casino, Racetracks, Bars), By Geographic Scope And Forecast
North America Electronic Table Games (ETG) Market Size And Forecast
North America Electronic Table Games (ETG) Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e., 2023 to 2030.
These table games are giving users the ultimate flexibility to fit any floor size and player need. The Multi-Game platform supports up to four different games on a single terminal, thus decreasing the real estate needed to maximize the casino game mix. Owing to such facts ETG category is witnessing a continuous, positive growth. The North America electronic table games (ETG) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
North America Electronic Table Games (ETG) Market Definition
ETGs or Electronic Table Games are known as electronic variants of traditional table games. With ETGs, users can have slot machines or video poker machines where they can easily play games like Blackjack or Roulette. Instead of practicing traditional casino equipment to determine the outcome of each game, Electronic Table Games uses computers that practice random number generators to determine the outcome. The outcome is always unexpected and players can trust the ETGs as much as they can trust traditional table games. With their advanced features, ETGs are a lot more like online casino games than traditional live casino table games. Online casinos also offer table games that are typically electronic versions of traditional table games. These games employ random number generators to determine the outcome which makes them more like ETGs.
North America Electronic Table Games (ETG) Market Overview
These table games are giving users the ultimate flexibility to fit any floor size and player need. The Multi-Game platform supports up to four different games on a single terminal, thus decreasing the real estate needed to maximize the casino game mix. Owing to such facts ETG category is witnessing a continuous, positive growth.
North America Electronic Table Games (ETG) MarketSegmentation Analysis
The North America Electronic Table Games (ETG) Market is segmented based on Product, Application, and Geography.
North America Electronic Table Games (ETG) Market, by Product
• Blackjack• Roulette• Baccarat• Other
Based on Product, the market is bifurcated into Blackjack, Roulette, Baccarat, and Others. Blackjack accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 6.75%. during the forecast period. Blackjack is the one card game that can be found in every gambling establishment in the United States. It’s a popular home game with slightly different rules than most others. The house acts as the dealer in the casino version (a “permanent bank”). The dealer stands while the players take their seats in a casino game. From shuffling and dealing with the cards to handling all bets, the dealer is in charge of all aspects of the game. Every player in the home game has the opportunity to be the dealer.
North America Electronic Table Games (ETG) Market, by Application
• Casino• Racetracks• Bars• Restaurants• Others
Based on Application, the market has been segmented into Casino, Racetracks, Bars, Restaurants, and Others. Casino accounted for the largest market share and is projected to grow at the highest CAGR of 6.80%. during the forecast period.
North America Electronic Table Games (ETG) Market, by Country
- U.S.
- Canada
- Mexico
Based on regional analysis, the North America Electronic Table Games (ETG) Market is classified into U.S., Canada, and Mexico. North America was driven by the United States, which has a thriving gaming industry. Vendors have expanded their footprints in the industry as demand for EGTs grows. The United States is the world’s leading revenue provider to the casino gaming equipment market. Cultural characteristics and a vibrant social culture dominate the Canadian gaming sector. The casino industry in the United States is increased by 1%, and consumer gaming spending increased by 1%. Casinos in numerous states are experiencing growing rivalry to attract gamers and gamblers; therefore, the rise has not been uniform.
Key Players
The North America Electronic Table Games (ETG) Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Scientific Games, IGT, Spintec, Interblock Gaming, Novomatic, Jackpot Digital, Tcsjohnhuxley, Weike Gaming, Ags, and Others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Key Developments
• In March 2021, Incredible Technologies (IT) announced its entry into the Electronic Table Game (ETG) sector in North America. Along with its latest slot offerings, the business debuted the product at the National Indian Gaming Association’s Tradeshow & Convention (NIGA) in Las Vegas on July 21-22.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2019-2021 |
KEY COMPANIES PROFILED | Scientific Games, IGT, Spintec, Interblock Gaming, Novomatic, Jackpot Digital, Tcsjohnhuxley, Weike Gaming, Ags |
SEGMENTS COVERED | By Product, By Application and By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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