Online Gambling Market Size to Grow at Humongous Growth of CAGR 10.28% to 2025
The ‘Online Gambling Market’ research report provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.
Global Online Gambling Market is valued at USD 47.57 Billion in 2018 and expected to reach USD 94.37 Billion by 2025 with the CAGR of 10.28% over the forecast period. Increased use of internet gambling by young people due to the fact that it has no payment restrictions and rapidly growing smartphone penetration with high participation in gambling activities are the major factors driving the growth of Global Online Gambling Market.
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Key Players for Online Gambling Market Report–
Key players of the online gambling market are MGM Resorts International, Galaxy Entertainment Group Ltd., GVC Holdings Plc, INTRALOT SA., William Hill Plc among, 888 Holdings Plc, bet365 Group, Betsson Ab, Camelot UK Lotteries Ltd., Flutter Entertainment Plc and others.
Scope of Global Online Gambling Market Report–
Gambling refers to the risking money or anything of material value for uncertain results. Online gambling is commonly known as internet gambling which is typically having a bet on casino or other sports type games over the Internet. The gambling varies from sports bets to casino style games include different games like roulette, poker, slots, lotteries, bingo and keno. The first online gambling Web sites were launched in the 1990 in the United States. In addition, online gambling differs from in-person casino gambling in many different ways, where there is no any interaction between the players and the dealer. Today’s online gambling websites provide exciting and modern interfaces that may be especially attractive to younger players and to those who enjoy video games. These websites use celebrities for promotion and sometimes they take part in the tournaments to add the glamour and excitement together.
Global Online Gambling Market is segmented on the basis of by type, platform and region & country level. Based on type, online gambling market is segmented into online betting, online casino and online lottery. Based upon platform, the market is classified into desktop and mobile.
Global Online Gambling Market Segmentation:–
- Online Betting
- Online Casino
- Online Lottery
The regions covered in this online gambling market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Online Gambling market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Online Gambling Market Dynamics–
Increased use of internet gambling by young people due to the fact that it has no payment restrictions and rapidly growing smartphone penetration with high participation in gambling activities are the major factors contributed to the increasing demand of online gambling. For example; Smartphone gambling have been fastest growing segment than traditional forms of gambling for last few years. It is estimated that around 8.92 million people in the UK gamble and more than half of the young individuals playing games through mobile or tablet. According to the World gambling statistics reported that about 25% of the population gamble meaning that nearly 1.4 billion people worldwide gamble and 4.1 billion gamble at least once every year. When it comes to online gambling, the UK reports concluded that approximately 17% of the population gambles online. In addition, growing importance of internet along with the rise of social networking channels is another key factor propelling the growth of this market. Most online gambling operators are located in the Netherlands Antilles, Gibraltar and United Kingdom (UK) among others. However, some countries mandate the laws towards the online casino gaming structure, so it may difficult for online gambling industry to access certain gaming facilities. This may hinder the online gambling market growth up to some extent.
Key Benefits for Global Online Gambling Market Report–
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
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Table of Content
1 Study Coverage
1.1 Online Gambling Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Online Gambling Market Size
2.1.1 Global Online Gambling Revenue 2014-2025
2.1.2 Global Online Gambling Production 2014-2025
2.2 Online Gambling Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Online Gambling Manufacturers
18.104.22.168 Online Gambling Manufacturing Base Distribution, Headquarters
22.214.171.124 Manufacturers Online Gambling Product Offered
126.96.36.199 Date of Manufacturers Enter into Online Gambling Market
2.4 Key Trends for Online Gambling Markets & Products
3 Market Size by Manufacturers
3.1 Online Gambling Production by Manufacturers
3.1.1 Online Gambling Production by Manufacturers
3.1.2 Online Gambling Production Market Share by Manufacturers
3.2 Online Gambling Revenue by Manufacturers
3.2.1 Online Gambling Revenue by Manufacturers (2014-2019)
3.2.2 Online Gambling Revenue Share by Manufacturers (2014-2019)
3.3 Online Gambling Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
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