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 9.67%.
- 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 United States generates the highest revenue in the Casino Games market.
- In 2022, the projected revenue United States is a staggering US$3.36bn.
- 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
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).
