Electronic Table Games Market Overview
As per MRFR analysis, the Electronic Table Games Market Size was estimated at 3.42 (USD Billion) in 2022.The Electronic Table Games Market Industry is expected to grow from 3.7(USD Billion) in 2023 to 7.5 (USD Billion) by 2032. The Electronic Table Games Market CAGR (growth rate) is expected to be around 8.18% during the forecast period (2024 - 2032).
Key Electronic Table Games Market Trends Highlighted
Key Market Drivers:
The amazing growth of the online gambling market, in tandem with high-speed internet access and mobile device penetration, are the main factors that stimulate the market of e-table games. Furthermore, the legalization of online gambling across various jurisdictions, as well as the increase in consumer acceptance of interactive digital gaming experiences, are also valued contributions towards the growth of the market.
Opportunities to be Explored or Captured:
Another market growth opportunity that can be captured is the increasing use of live dealer games which facilitates the traditional socialness of the table games and online play. Other than that, the technology development on virtual and augmented reality has great potential for the improvement of the gaming experience and the growth of the market in the foreseeable future
Trends in Recent Times:
Touching on the latest development trends in the electronic table games market, mobile gambling is steadily increasing, with more casinos looking to optimize their smartphone and tablet offerings. Moreover, the inclusion of social media competition elements like leaderboard and chat improves player interaction and community integration. Mounting focus on responsible gambling practices and self-regulation within the sector is also expected to foster the long-term growth of the market in a sustainable manner.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Electronic Table Games Market Drivers
Rising Demand for Immersive Gaming Experiences
The increasing popularity of immersive gaming experiences, such as virtual reality (VR) and augmented reality (AR), is driving the growth of the Global Electronic Table Games Market Industry. These technologies allow players to experience a more realistic and engaging gaming environment, which is fueling the demand for electronic table games. Additionally, the growing availability of high-speed internet connections is making it easier for players to access and enjoy online gaming platforms, which is further contributing to the growth of the market.
Expansion of Legalized Gambling Markets
The expansion of legalized gambling markets around the world is another key driver of the Global Electronic Table Games Market Industry. As more countries legalize and regulate gambling, the demand for electronic table games is increasing. This is particularly true in emerging markets, where the growing middle class is increasingly able to afford to spend money on entertainment and leisure activities.
Technological Advancements
Technological advancements are also playing a significant role in the growth of the Global Electronic Table Games Market Industry. The development of new and innovative technologies, such as improved graphics and sound systems, is making electronic table games more appealing to players. Additionally, the integration of artificial intelligence (AI) is enabling the development of more sophisticated and challenging games, which is further fueling the demand for electronic table games.
Electronic Table Games Market Segment Insights
Electronic Table Games Market Game Type Insights
The Game Type segment of the Global Electronic Table Games Market is categorized into Baccarat, Blackjack, Craps, Roulette, Sic Bo, and Other Table Games. Among these, Baccarat holds the largest market share due to its popularity in Asian countries, particularly Macau. In 2023, the Baccarat segment generated a revenue of USD 1.5 billion, and it is projected to reach USD 2.4 billion by 2032, exhibiting a CAGR of 8.4%. Blackjack, another popular game type, is expected to witness a stable growth rate during the forecast period. In 2023, the Blackjack segment held a revenue share of 28.3%, and it is anticipated to reach USD 2.1 billion by 2032.Craps, a dice-based game, is gaining traction in North America and Europe. The Craps segment is expected to grow at a CAGR of 7.9% during the forecast period, reaching a valuation of USD 1.2 billion by 2032. Roulette, a classic casino game, is expected to maintain a steady growth rate throughout the forecast period. The Roulette segment is projected to generate a revenue of USD 1.9 billion by 2032, exhibiting a CAGR of 8.2%. Sic Bo, a game of Chinese origin, is gaining popularity in Asian markets. The Sic Bo segment is anticipated to grow at a CAGR of 8.6% during the forecast period, reaching a valuation of USD 1.1 billion by 2032.Other Table Games, which include a variety of games such as Pai Gow, Let It Ride, and Casino War, are expected to experience a moderate growth rate during the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Electronic Table Games Market Platform Insights
The Global Electronic Table Games Market is segmented into the platform, which includes desktop, mobile, and tablet. In 2023, the desktop platform held the largest market share. The mobile platform is projected to grow at the highest CAGR during the forecast period. The desktop platform is popular due to its large screen size, which provides a more immersive gaming experience. The mobile platform is gaining popularity due to the increasing adoption of smartphones and tablets. The tablet platform is expected to grow at a steady pace during the forecast period.The Global Electronic Table Games Market is driven by the increasing popularity of online gambling. The market is also driven by the growing number of mobile and tablet users. The increasing adoption of artificial intelligence (AI) and virtual reality (VR) technologies is also expected to drive the growth of the market.
Electronic Table Games Market Game Provider Insights
The Game Provider segment plays a pivotal role in the Global Electronic Table Games Market, shaping its competitive landscape and driving market growth. Leading providers like Evolution Gaming, Microgaming, NetEnt, Playtech, and other notable players dominate this segment, offering a diverse range of innovative and engaging electronic table games. By leveraging advanced technologies and captivating gameplay mechanics, these providers cater to the evolving preferences of players. The Global Electronic Table Games Market revenue is projected to reach a substantial USD 3.7 billion in 2023, with a steady rise anticipated in the coming years.This growth is attributed to the increasing demand for immersive gaming experiences coupled with the rise of online casinos and mobile gaming platforms. The market segmentation provides valuable insights into the competitive dynamics, allowing stakeholders to identify growth opportunities and tailor their strategies accordingly.
Electronic Table Games Market Bet Size Insights
The Global Electronic Table Games Market is segmented by Bet Size into Low, Medium, and High. Among these segments, the High bet size segment is expected to hold the largest market share in 2023, accounting for around 45% of the Global Electronic Table Games Market revenue. The popularity of high-bet size games can be attributed to the thrill and excitement they offer to players. Additionally, the growing number of high-stakes players is driving the growth of this segment. The Medium bet size segment is expected to witness significant growth over the forecast period, owing to the increasing popularity of electronic table games among casual players.The Low bet size segment is also expected to grow during the forecast period, as it caters to players with lower budgets.
Electronic Table Games Market Betting Limit Insights
The Betting Limit segment is a crucial factor influencing the Global Electronic Table Games Market revenue. It is broadly divided into two categories: 'No Limit' and 'Limit'. In 2023, the 'No Limit' segment held a dominant market share, accounting for around 65% of the global market. This dominance is attributed to the increasing popularity of high-stakes gambling and the thrill associated with it. On the other hand, the 'Limit' segment is expected to witness a significant growth rate during the forecast period 2023-2032. This growth is primarily driven by the increasing participation of casual and recreational players who prefer lower-stakes games.Additionally, strict regulations and responsible gambling initiatives in various jurisdictions are encouraging players to opt for 'Limit' games to minimize potential losses. As a result, the 'Limit' segment is projected to gain a larger market share in the coming years. Understanding the dynamics of the Betting Limit segment is essential for market participants to develop targeted strategies and cater to the diverse needs of players in the Global Electronic Table Games Market.
Electronic Table Games Market Regional Insights
Regional insights: The Global Electronic Table Games Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional market, accounting for over 40% of the global market revenue in 2023. The market growth in this region is attributed to the increasing adoption of electronic table games in casinos and the rising popularity of online gambling. Europe is the second largest regional market, with a market size of approximately USD 1.5 billion in 2023. The market growth in this region is driven by the increasing demand for electronic table games in land-based casinos and the growing popularity of online gambling.The APAC region is expected to witness the highest market growth during the forecast period, with a CAGR of over 10%. The market growth in this region is attributed to the increasing number of casinos and the increasing adoption of electronic table games in these casinos. South America and MEA are relatively smaller regional markets, with a combined market size of less than USD 1 billion in 2023. However, these regions are expected to witness significant market growth during the forecast period, driven by the increasing adoption of electronic table games in casinos and the growing popularity of online gambling.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Electronic Table Games Market Key Players And Competitive Insights:
Major players in the Electronic Table Games Market industry are focusing on developing innovative products and solutions to meet the evolving demands of customers. Leading Electronic Table Games Market players are investing heavily in research and development to stay ahead of the competition. This has resulted in the introduction of new features and technologies in Electronic Table Games Market products. Electronic Table Games Market development is being driven by the increasing popularity of online gambling and the growing demand for immersive gaming experiences. The Electronic Table Games Market Competitive Landscape is expected to remain competitive in the future, with new entrants and established players vying for market share.IGT is a leading provider of Electronic Table Games Market products and solutions. The company offers a wide range of Electronic Table Games Market products, including roulette, blackjack, baccarat, and poker. IGT's Electronic Table Games Market products are known for their high quality and reliability. The company has a strong global presence and a large customer base. IGT is investing heavily in research and development to stay ahead of the competition. The company is committed to providing its customers with the latest and most innovative Electronic Table Games Market products and solutions.Aristocrat Leisure is another major player in the Electronic Table Games Market industry. The company offers a wide range of Electronic Table Games Market products, including slot machines, video poker machines, and table games. Aristocrat Leisure's Electronic Table Games Market products are known for their innovative features and high-quality graphics. The company has a strong global presence and a large customer base. Aristocrat Leisure is investing heavily in research and development to stay ahead of the competition. The company is committed to providing its customers with the latest and most innovative Electronic Table Games Market products and solutions.
Key Companies in the Electronic Table Games Market Include
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Penn National Gaming, Inc.
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Entain PLC
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BetMGM
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Esports Technologies Inc.
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Golden Nugget Online Gaming, Inc.
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PlayAGS Inc.
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Light Wonder Inc
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Aristocrat Leisure Limited
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International Game Technology PLC
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Everi Holdings Inc
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Caesars Entertainment Corporation
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Boyd Gaming Corporation
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Scientific Games
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Konami Gaming Inc.
Electronic Table Games Market Industry Developments
Recent advancements in technology have propelled the growth of the global electronic table games market. In 2023, the market was valued at USD 3.7 billion and is projected to expand at a CAGR of 8.18% from 2024 to 2032, reaching a valuation of USD 7.5 billion by 2032. This growth is attributed to factors such as the increasing adoption of electronic table games in casinos, technological advancements, and rising disposable income. Key industry players are focusing on developing innovative products and expanding their global presence. For instance, in February 2023, PlayAGS, a leading provider of electronic gaming machines, announced a partnership with BetMGM to launch its latest electronic table games in Michigan.
Electronic Table Games Market Segmentation Insights
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Electronic Table Games Market Game Type Outlook
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Baccarat
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Blackjack
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Craps
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Roulette
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Sic Bo
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Other Table Games
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Electronic Table Games Market Platform Outlook
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Electronic Table Games Market Game Provider Outlook
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Evolution Gaming
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Microgaming
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NetEnt
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Playtech
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Other Game Providers
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Electronic Table Games Market Bet Size Outlook
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Electronic Table Games Market Betting Limit Outlook
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Electronic Table Games Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
Electronic Table Games Market Report Scope
| Report Attribute/Metric |
Details |
| Market Size 2022 |
3.42(USD Billion) |
| Market Size 2023 |
3.7(USD Billion) |
| Market Size 2032 |
7.5(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
8.18% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Penn National Gaming, Inc., Entain PLC, BetMGM, Esports Technologies Inc., Golden Nugget Online Gaming, Inc., PlayAGS Inc., Light & Wonder Inc., Aristocrat Leisure Limited, International Game Technology PLC, Everi Holdings Inc., Caesars Entertainment Corporation, Boyd Gaming Corporation, Scientific Games, Konami Gaming Inc. Â Â |
| Segments Covered |
Game Type, Platform, Game Provider, Bet Size, Betting Limit, Regional. Â Â |
| Key Market Opportunities |
Growing Popularity of Casino GamingTechnological Advancements in Electronic GamingExpansion of Gaming VenuesIncreased Demand for Immersive Gaming ExperiencesRising Consumer Disposable Income |
| Key Market Dynamics |
1 Rising popularity of online gambling2 Technological advancements3 Increasing demand for immersive gaming experiences4 Growing disposable income5 Expansion of the gaming industry |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global electronic table games market size was valued at USD 3.7 billion in 2023 and is projected to grow at a CAGR of 8.18% from 2024 to 2032, reaching USD 7.5 billion by 2032.
North America and Europe are the dominant regions in the electronic table games market, accounting for a significant share of the global revenue. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period due to the rising popularity of electronic table games in countries such as China, India, and Japan.
Electronic table games are primarily used in casinos and resorts to provide a realistic and immersive gaming experience. They are also gaining popularity in social gaming platforms and online casinos, allowing players to enjoy table games from the comfort of their own homes.
The key competitors in the global electronic table games market include Aristocrat Leisure Limited, IGT, Scientific Games Corporation, Novomatic AG, and Konami Corporation. These companies offer a wide range of electronic table games, including roulette, blackjack, baccarat, and poker.
The growth of the global electronic table games market is primarily driven by the increasing popularity of casino gaming, the rising adoption of electronic table games in casinos and resorts, and the growing demand for immersive and convenient gaming experiences.
The global electronic table games market faces challenges such as the high cost of manufacturing and maintaining electronic table games, the competition from traditional table games, and the regulatory restrictions on gambling in certain regions.
The latest trends in the global electronic table games market include the integration of advanced technologies such as virtual reality and augmented reality, the development of skill-based electronic table games, and the growing popularity of online and mobile electronic table games.
The global electronic table games market is projected to grow at a CAGR of 8.18% from 2024 to 2032.
Key factors to consider when investing in the global electronic table games market include the market size and growth potential, the competitive landscape, the regulatory environment, and the technological advancements in the industry.
The future outlook for the global electronic table games market is positive, with the market expected to continue growing in the coming years. The rising popularity of casino gaming, the increasing adoption of electronic table games, and the technological advancements in the industry are expected to drive the growth of the market.
