A new report (Global Social Casino Market: Size and Forecasts with Impact Analysis of COVID-19 2020-2024 Edition) on global social casino market was recently released by ResearchAndMarkets.com.
An overview of the global social casino, with a detailed analysis of the size of the market and growth, is given in the study. The research covers the market according to value, segment, platform and area. The study also offers a thorough overview of North America, Asia and Europe's global social casino sector.
In addition, the report also assesses the key business opportunities and outlines the factors that are and will drive the industry's growth. The growth of the overall global social casino, taking into account previous growth patterns, growth factors and current and future trends, has also been projected for the years 2020-2024.
Zynga Inc., International Game Technology Plc. (IGT), Scientific Games Corporation and Caesars Entertainment Corporation are some of the key operating players in the global social casino market. In the study, the four companies were profiled to provide comprehensive analysis of their financial data and business strategies.
The social casino is a social gaming sub-segment that allows players to play social games based on casino games, inspired by the casino games real money versions. The gambling of a virtual currency without the possibility of actual loss or gain is social casino gaming. In the social casino gaming industry, there are typically two business models used, identified as Up-front and Free game or freemium or free-to-play commercial model. Casino style, poker, slots, bingo and different other table games are the various groups or styles of social games.
Over the past few years, the global social casino industry has seen steady growth and is anticipated to expand at a healthy pace over the forecast timeframe (2020-2024), with a poised growth rate. Growth factors such as the rise in smart devices and connections, rise in gaming & mobile traffic, growing global population, rising internet penetration, etc. will help the growth of the global advanced wound care market. However, numerous obstacles such as government regulation, weak internet connectivity, etc. are obstructing the growth of the global social casino industry.