Casino Games - Baltics
Baltics- The Casino Games market in the Baltics is expected to see a significant increase in total revenue.
- According to projections, the market is set to reach a total revenue of US$402.20k in 2022.
- Furthermore, the market is anticipated to experience steady growth with an annual growth rate (CAGR 2022-2027) of 9.66%.
- This growth is expected to result in a projected market volume of US$691.10k by 2027.
- In the Baltics, the Casino Games market is comprised of various revenue streams.
- In-app purchase (IAP) revenue is projected to reach US$199.40k in 2022, indicating a significant portion of the market's revenue.
- Additionally, paid app revenue is expected to contribute US$3.31k in 2022.
- Advertising revenue, on the other hand, is projected to reach US$199.40k in the same year.
- The popularity of Casino Games market in the Baltics is also reflected in the number of downloads.
- It is projected that the number of downloads in the market will reach 433.50k downloads in 2022.
- Currently, the average revenue per download is estimated to be US$0.93.
- This indicates that on average, each download contributes to this revenue figure.
- When comparing the Casino Games market globally, it becomes evident that United States generates the highest revenue.
- In 2022, it is projected that United States will generate a staggering US$3.36bn in revenue, solidifying its position as the leading market in this segment.
- Overall, the Casino Games market in the Baltics is poised for growth and presents a significant opportunity for businesses in this sector.
- Key regions:
- Asia,
- United States,
- Europe,
- South Korea,
- India
Definition:
Casino game apps either simulate physical casino games or give them a new twist. Most casino game apps involve gambling with real money, but social casino game apps are played with virtual currency. Some but not all virtual currency is free. Of all casino game apps, slot machine game apps remain the most popular. Meanwhile, the apps Blackjack & Card Counting Pro helps players to gain a competitive advantage when playing blackjack in a live setting.Additional Information:
We consider three different sources of revenue:- Revenue from in-app purchases (IAP) that comes from the purchase of features, upgrades, and subscriptions within an app
- Paid app revenue from the one-time purchase of an app
- Advertising revenue obtained from showing ads within an app
In-Scope
- Apps that can be downloaded from major app stores such as Apple, Inc.'s App Store and the Google Play store, or in the case of China, from stores such as Huawei AppGallery and Tencent Appstore.
- Apps that are run on iPhones and Android phones.
Out-Of-Scope
- Apps exclusively offered by Microsoft Store and Amazon Appstore for Android.
- Custom-made apps not available from any official app store.
- B2B/C2C app sales of any kind.
- Subscription revenues outside of in-app purchases (for example, Netflix and Spotify use their own payment systems outside of their apps).
