Company LogoGlobal Social Casino Games MarketGlobal Social Casino Games MarketDublin, May 01, 2024 (GLOBE NEWSWIRE) — The “Global Social Casino Games Market (By Type, Genre, Platform & Region): Insights & Forecast (2024-2028)” report has been added to ResearchAndMarkets.com’s offering.The global social casino games market is expected to record a value of US$9.82 billion in 2028, rising at a CAGR of 6.23%, for the time period of 2024-2028.Factors such as rapid expansion of the gaming industry, rising number of mobile gaming users, growing number of smart devices and connections, mounting penetration of internet users and surging number of social media users would drive the growth of the market. However, the market growth would be challenged by reliance on third party platforms, migration from free-to-play to real-money games and stringent regulatory framework.A few notable trends include escalating spending on mobile gaming advertising, surging adoption of fifth-generation wireless (5G) technology, incorporation of augmented reality/virtual reality (AR/VR) and growing adoption of cloud gaming. The global social casino games market has been segmented on the basis of type, genre and platform. In term of type, the global market can be bifurcated into free online games and paid wired games. Depending on genre, global social casino games market can be categorized into the following: Slots, Bingo, Poker and other games. Whereas, according to the platform, the global social casino games market can be divided into mobile, web and others.The fastest growing regional market was North America due to surging popularity of social casino games among all age groups and the availability of smartphones and tablets even among teenagers in the region, increasing technology-based offerings and surging adoption of 5G technology.Scope of the reportThe report provides a comprehensive analysis of the global social casino games tools market segmented on the basis of type, genre, platform and region, with potential impact of COVID-19.The major regional and country markets (North America, Asia Pacific, Europe and Rest of the World) have been analyzed.The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.The competitive landscape of the market, along with the company profiles of leading players (Caesars Entertainment, Inc., Aristocrat Leisure Limited, Zynga Inc., Playtika Ltd., Scientific Games Corporation and DoubleU Games Co., Ltd.,) are also presented in detail.Key Attributes: Report AttributeDetailsNo. of Pages80Forecast Period2024 – 2028Estimated Market Value (USD) in 2024$7.71 BillionForecasted Market Value (USD) by 2028$9.82 BillionCompound Annual Growth Rate6.2%Regions CoveredGlobalKey Topics Covered: 1. Market Overview1.1 Introduction1.2 Breakdown of Social Casino Monetization Progression1.3 Various Types of Social Casino Games1.4 Business Models of Social Casino Gaming Industry1.5 Different Types of Social Casino Companies1.6 Advantages & Disadvantages of Social Casino1.7 Top Grossing Social Casino Games on Iphone & Android2. Impact of COVID-192.1 Spike in Adoption of Social Casinos Games2.2 Rise in In-App Purchase Transactions2.3 Growth in Mobile Game Downloads3. Global Market Analysis3.1 Global Social Casino Games Market by Value3.2 Global Social Casino Games Market Forecast by Value3.3 Global Social Casino Games Market by Type3.4 Global Social Casino Games Market by Genre3.5 Global Social Casino Games Market by Platform3.6 Global Social Casino Games Market by Region4. Regional Market Analysis4.1 North America4.2 Asia Pacific4.3 Europe4.4 RoW5. Market Dynamics5.1 Growth Drivers5.1.1 Rapid Expansion of Gaming Industry5.1.2 Rising Number of Mobile Gaming Users5.1.3 Growing Number of Smart Devices & Connections5.1.4 Mounting Penetration of Internet Users5.1.5 Surging Number of Social Media Users5.1.6 Upsurge in Smartphone & Gaming Traffic5.2 Key Trends & Developments5.2.1 Escalating Spending on Mobile Gaming Advertising5.2.2 Surging Adoption of Fifth-Generation Wireless (5G) Technology5.2.3 Incorporation of Augmented Reality/Virtual Reality (AR/VR)5.2.4 Growing Adoption of Cloud Gaming5.3 Challenges5.3.1 Reliance on Third-Party Platforms5.3.2 Migration from Free-to-play to Real-Money Games5.3.3 Stringent Regulatory Framework6. Competitive Landscape6.1 Global Market6.1.1 Global Social Casino Games Market Share by Key Players6.1.2 Global Social Slots Market Share by Key Players7. Company ProfilesStory continuesCaesars Entertainment, Inc.Aristocrat Leisure LimitedZynga Inc.Playtika Ltd.Scientific Games Corporation (SciPlay Corporation)DoubleU Games Co., Ltd.For more information about this report visit https://www.researchandmarkets.com/r/95wcuiAbout ResearchAndMarkets.comResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.AttachmentCONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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