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ResearchAndMarkets.com s offering. The Casino Management Systems Market is Projected to Grow from USD 6.4 Billion in 2020 to USD 13.7 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.4% during the Forecast Period.
The evolving lifestyle and societal concerns and increasing use of cashless slot machines and server based gaming to drive the market growth.
By component, services segment to grow at a higher CAGR during the forecast period
The services include the support offered by casino management system vendors to assist their customers in using and maintaining casino management system efficiently. Vendors offer different services, such as consulting, deployment and integration, support and maintenance to the end users. The services segment has witnessed tremendous growth in recent years due to the increasing need for replacing legacy casino infrastructure in the casinos and resorts. Therefore, services segment registers the highest growth rate during the
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