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Cryptocurrency News Articles

Coin-operated Amusement Devices Market to Reach $19.39 Billion by 2030

Jan 06, 2025 at 10:05 pm

The "Coin-operated Amusement Devices Market by Device Type, Player Mode, Power Source, End User - Global Forecast 2025-2030" report

Coin-operated Amusement Devices Market to Reach $19.39 Billion by 2030

DUBLIN, Jan. 06, 2025 (GLOBE NEWSWIRE) -- The "Coin-operated Amusement Devices Market by Device Type, Player Mode, Power Source, End User - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.

The Coin-operated Amusement Devices Market grew from USD 9.98 billion in 2023 to USD 10.97 billion in 2024. It is expected to continue growing at a CAGR of 9.94%, reaching USD 19.39 billion by 2030.

The necessity of such devices is driven by demand for unique, nostalgic, and interactive entertainment experiences. In recent years, their application has extended into hospitality settings like bars and restaurants, adding value through customer engagement while also being a staple in family entertainment centers.

Emerging technologies such as augmented reality (AR) and virtual reality (VR) have broadened the scope, presenting opportunities to enhance player interaction and attract tech-savvy audiences. Influential growth factors include technological advancements, increasing disposable incomes, and a renewed interest in retro-arcade experiences. Modernization efforts, including card-based play systems replacing coins, present another growth trajectory while tapping into digital integration.

However, market limitations such as high equipment and maintenance costs, the proliferation of home gaming consoles, and the shift towards mobile gaming pose significant challenges. Additionally, the COVID-19 pandemic has affected foot traffic in traditional settings, urging operators to rethink business models and utilize online interactions. Potential opportunities lie in embracing hybrid models combining offline and online gaming, leveraging IoT for data-driven insights, and expanding AR/VR capabilities.

Innovators should focus on developing modular, easily upgradeable devices that integrate seamlessly with diverse payment systems and offer novel experiences. Sustainability and eco-friendly designs are also crucial as environmental considerations gain prominence.

While the traditional nature of the market is rooted in physical interactions, the future lies in seamlessly integrating digital and physical play, ensuring longevity through consumer-engagement strategies, adaptability to trends, and resilience to economic shifts.

Key Company Profiles

The report delves into recent significant developments in the Coin-operated Amusement Devices Market, highlighting leading vendors and their innovative profiles.

The leading players in the Coin-operated Amusement Devices market, which are profiled in this report, include:

* Bandai Namco Amusements Inc. (Japan)

* Elaut Group (Belgium)

* Galaxy Gaming, Inc. (US)

* Intercard, Inc. (US)

* Incredible Technologies, Inc. (US)

* Konami Amusement Co., Ltd. (Japan)

* Play Mechanix, Inc. (US)

* Raw Thrills, Inc. (US)

* Sega Corporation (Japan)

* Stern Pinball, Inc. (US)

Market Segmentation & Coverage

This research report categorizes the Coin-operated Amusement Devices Market to forecast the revenues and analyze trends in each of the following sub-markets:

* Device Type

o Arcade Games

o Pinball Machines

o Redemption Games

o Merchandisers

o Others

* Player Mode

o Single Player

o Multi-player

* Power Source

o Electric

o Battery Operated

* End User

o Family Entertainment Centers

o Hospitality Venues (Bars, Restaurants)

o Amusement Parks

o Others (Airports, Shopping Malls)

The report provides a detailed overview of the market, exploring several key areas:

* Historical and Future Market Size (Revenue)

* Major Factors Impacting Market Growth

* Competitive Landscape and Key Vendors

* Segment Analysis by Device Type, Player Mode, Power Source, End User

* Regional Analysis (North America, Europe, Asia Pacific, MEA, South America)

* COVID-19 Impact Analysis and Recovery Strategies

* Key Vendor Profiles and Recent Developments

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

* Which segment is expected to register the highest CAGR during the forecast period (2025-2030)?

* Which region is expected to lead the market size for Coin-operated Amusement Devices in 2030?

* What are the key factors driving the growth of the Coin-operated Amusement Devices market?

* What are the key challenges faced by the vendors in the Coin-operated Amusement Devices market?

* Which key trends are impacting the growth of the Coin-operated Amusement Devices market?

* What are the recent technological advancements in the Coin-operated Amusement Devices market?

* Which strategies are being adopted by the key vendors to gain a competitive edge in the Coin-operated Amusement Devices market?

* What are the growth opportunities that could help vendors capitalize on the shifting dynamics in the Coin-operated Amusement Devices market?

* What are the key

News source:www.globenewswire.com

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