Online Gambling Market
Online Gambling Market size surpassed USD 55 billion in 2019 and is anticipated to grow at 16.5% CAGR between 2020 and 2026. The advent of several new technologies, such as AI, VR, cyborg, and machine learning, will drive market growth. AI technology is helping online casinos to enhance user interface and identify high-risk gamblers.
The Global Online Casino Market a comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of the Global Online Casino Market. The report analyzes the Online Casino market By Type of Game (Slots, Table Games, Card Games, Poker, Others), By Device (Desktops and Laptops, Mobile and Tablets), By Region (North America, Europe, Asia Pacific and Rest of the world) and By Country (U.S., Canada, United Kingdom, Italy, India, China).
- 20, 2021 (GLOBE NEWSWIRE) - The 'Analyzing the Global Online Gambling Industry 2021' report has been added to ResearchAndMarkets.com's offering. There is hardly any industry that has.
- The global demand for Online Gambling Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026. Online gambling is gambling conducted on an internet platform. This includes casino, virtual poker, and sports betting.
- Online gambling market size is forecast to grow by USD 114.21 bn during 2020-2024 at a CAGR of 11% with Lottery,Betting,Casino having largest market share.online gambling market analysis indicates that rising popularity of the freemium model will drive market growth. Introduction of bitcoin gambling will also drive online gambling market industry growth.
- 04, 2021 (GLOBE NEWSWIRE) - Online Gambling Market Overview 2020 was a game-changing year online gambling market, mainly due to the online gaming & gambling legalization in the US.
The global market is projected to display a robust growth represented by a CAGR of 8.02 % during 2018 – 2023.
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Top Key Players in the Global Online Casino Market: Bettson AB, 888 Holdings PLC, The Stars Group, GVC Holdings PLC, NetEnt, PaddyPower Betfair, Kindred, William Hill
Market Overview:
The market of online casino witnessed growth at a noteworthy rate over the past few years and in the forecast period on the heels of rising internet population and smartphone penetration along with rising disposable incomes. Amongst the regions, Europe accounts for the largest regional share in the global online casino market in 2017. Key factors driving the robust growth rate of European region include supporting policy and regulations coupled with high number of online gamers
The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global online casino. Additionally, the report also highlights market entry dynamics for various companies across the globe.
Regional Analysis for Market:
For a comprehensive understanding of market dynamics, the global Online Casino market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.
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The global online gaming market is anticipated to grow with a considerable CAGR of 11.9% during the forecast period (2020-2026). The increasing options to play from starting from simple games such as Solitaire to massively multiplayer online games (MMOG’s) with whole virtual universes is the major factor influencing the growth of the market.
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Online games are popular at every age group, for instance, older generations generally top the use of simple single-player games while the young generation opts for the category of war games. In addition to this, some educational online games are also available for children. Therefore, the high popularity of online games at every age group is driving the growth of the online gaming industry.
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Furthermore, online gaming also provides the flexibility to play with distant friends or anonymous players. This is also expected to fuel the market growth during the forecast period as most of the families are nuclear nowadays.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Online Gaming Market Report Segment
By Game Type
- Role-Playing Game
- Action & Adventure Games
- Racing Games
- Simulation Games
- Strategy Games
- Sports Games
- Other Games
By Device Type
- Console
- Computer
- Mobile Devices
- Others
By Revenue Model
- Free Gaming Services
- Paid Gaming Services
Global Online Gaming Market Report Segment
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Activision Blizzard, Inc.
- Amazon.com, Inc. (Luna)
- Apple Inc.
- Bandai Namco Entertainment Inc.
- Electronic Arts Inc.
- Epic Games, Inc.
- Gameloft SE
- Krafton Inc.
- Leyou Technologies Holdings Ltd.
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Online Gambling Market Size
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