Global game console market expected to top $107 billion by 2030

The "Global Gambling Machinery Industry", Persistent economic concerns will stem from food and fuel inflation, and increased retail inflation will affect consumer confidence and spending. As governments address inflation by raising interest rates, the pace of new job creation will slow, affecting economic activity and growth. A decline in capital spending is looming as companies take a cautious stance on investment due to inflation concerns and falling demand. 

Amid slow expansion and high inflation, advanced economies appear poised to enter a recession. Concerns about the potential new wave of COVID-19 and China's uncertain trajectory in the aftermath of the pandemic amplify the real threat of deepening global supply chain challenges and manufacturing disruption throughout the year. Convergence of volatile financial markets, rising trade tensions, tighter regulatory environments and the need to incorporate climate change considerations into economic choices will further complicate a set of challenges ahead. 

Expected to be a challenging period for markets, investors and consumers alike, 2023 still has potential for companies and leaders to navigate their careers with resilience and flexibility. 

The worldwide market for gambling machines is projected to achieve a value of $107 billion by the year 2030 

In the altered business landscape following the COVID-19 pandemic, the global gambling machines market, valued at approximately US$62.1 Billion in 2022, is forecasted to expand to a revised magnitude of US$107 Billion by 2030. This growth is anticipated at a compounded annual growth rate (CAGR) of 7% during the period spanning from 2022 to 2030. Within the report's analysis, the online segment is expected to achieve a compound annual growth rate (CAGR) of 6.8%, culminating in a value of US$67.6 Billion by the conclusion of the assessment period. In light of the continuing recovery from the pandemic's impact, the offline segment's growth trajectory is revised to a projected 7.4% CAGR over the subsequent eight-year span. 

The market size for the United States is approximately $16.9 billion, whereas China is anticipated to exhibit a growth rate of 11% CAGR

In 2022, the Gambling Machines market within the United States is assessed to be around US$16.9 Billion. China, the globe's second-largest economy, is predicted to attain a market size of approximately US$24 Billion by 2030, reflecting a compounded annual growth rate (CAGR) of 11% during the scrutiny period spanning from 2022 to 2030.  슬롯머신

Noteworthy geographical markets encompass Japan and Canada, with projected growth rates of 4.2% and 5.6% respectively during the period from 2022 to 2030. In Europe, Germany is anticipated to achieve a compound annual growth rate (CAGR) of about 5.1%.