Social Casino Global Market 2023 - By Insights, Size, Competitive Landscape, Analysis, Forecast To 2032

December 13, 2023

The Social Casino Global Market Report 2023 by The Business Research Company, provides social casino market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Social Casino Global Market Report 2023, the global social casino market size is expected to grow from $6.84 billion in 2022 to $7.40 billion in 2023, at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the social casino market is expected to grow to $10.10 billion in 2027 at a CAGR of 8.1%.

The increase in the proliferation of smartphones is expected to propel the growth of the social casino market going forward. A smartphone is a portable electronic gadget with a cellular network connection. Smartphones help the social casino market to grow by providing boosters for enhanced performance, better display, and top-end specifications.

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The social casino market is segmented:

1) By Type: Casual Games, Free Game, Turn-Based Game, Other Types

2) By Application: Free, Toll

3) By End-User: Gaming Population, Mobile Users

Product innovation is a key trend in gaining popularity in the social casino market. Major players in the social casino industry are concentrating on creating new products to improve their market share. For instance, in July 2020, The Mill Adventure, a UK-based company that provides a complete gaming platform, including licenses and operations, for rapid deployment and success in iGaming, together with Casinobud, launched an innovative casino syndicate product called Casinobud.com, which is a new social casino concept and world first online syndicate betting feature for a video slot and live casino products. Casinobud.com offers users a brand-new social gaming environment that enables them to play casino games in groups, pooling their money to aim for collaborative wins. With the help of a sophisticated interface, the function enables users to play online with friends or other Casinobud users, with one player serving as the captain and the others following the action. Sessions may also be live-streamed on Twitch, making them accessible to those who do not use Casinobud.

The social casino market report table of contents includes:

1. Executive Summary

2. Social Casino Market Characteristics

3. Social Casino Market Trends And Strategies

4. Social Casino Market - Macro Economic Scenario

5. Social Casino Market Size And Growth

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26. Africa Social Casino Market

27. Social Casino Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Social Casino Market

29. Social Casino Market Future Outlook and Potential Analysis

30. Appendix