Casino Games - Pakistan

Pakistan

The Casino Games market in Pakistan is expected to witness significant growth in the coming years.
According to projections, the total revenue in this market is estimated to reach US$1.22m in 2022.
This indicates a positive trend that is likely to continue, with an annual growth rate (CAGR 2022-2027) of 9.81%.
By 2027, the market volume is projected to reach US$1.92m.
When examining the revenue sources within the Casino Games market, in-app purchases (IAP) are expected to contribute significantly.
The projected revenue from in-app purchases is estimated to reach US$838.20k in 2022.
Additionally, paid app revenue is expected to reach US$62.25k in the same year.
Advertising revenue is projected to reach US$319.90k, indicating the importance of ad-based monetization strategies in this market.
The number of downloads in the Casino Games market is also anticipated to show substantial growth.
It is estimated that the number of downloads will reach 8.54m downloads in 2022.
This highlights the popularity of these games among users in Pakistan.
Despite the growth potential in Pakistan, it's worth noting that a global comparison reveals that in the United States generates the highest revenue in the Casino Games market.
In 2022, the projected revenue in the United States is a staggering US$3,358.00m.
This demonstrates the dominance of the US market in this industry.
Overall, the Casino Games market in Pakistan is poised for growth, with revenue projections and download numbers showing positive trends.
As the market continues to evolve, it will be interesting to observe how players in Pakistan's gaming industry capitalize on this potential.

Key regions: Asia, United States, Europe, South Korea, India

Market

Region

Region comparison

Currency

Analyst Opinion

Since the start of Apple, Inc.'s App Store in 2008 with around 500 apps, mobile apps have come to dominate the digital economy and have quickly outpaced the demand for desktop applications. As of 2021, the Apple App Store and Google Play Store had more than 5 million apps combined. Because many apps from the West are not available in China, many new app stores have emerged there. Digital lifestyles around the world now depend on adopting mobile apps, especially when it comes to social networking. The games industry has also been thoroughly transformed by the app revolution and is demonstrated by the fact that the games category is the largest and highest-grossing app category.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenue from in-app purchases, revenue from the purchase of apps, and revenue from advertising, as well as the number of downloads for each app category.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use market data from independent databases and third-party sources, current trends, and reported performance indicators of top market players. In addition, we use relevant key market indicators and data from country-specific associations, such as smartphone users and mobile broadband connections. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward apps.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year in case market dynamics change.