Global Online Gambling Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Online Gambling Market Report by The Business Research Company covers online gambling market drivers and restraints, online gambling market size, major players, and the impact of COVID-19 on the online gambling market.
The online gambling market consists of sales of gambling activities on the internet by entities (organizations, sole traders or partnerships) that operate online gambling facilities such as online casinos, online bingo, online lotteries, online poker, and online video games and sports betting, among others. These services allow the users to wager real time money while playing remotely or from any location in the world. The online gambling market includes sales of gambling services on different devices such as mobile, desktop and others.
The global online gambling market is expected to grow from $58.96 billion in 2019 to $92.86 billion in 2023 at a rate of 12.0%. The growth is mainly due to the COVID-19 outbreak and the lockdown measures to contain it, which made online gambling more accessible to gamblers. The market is expected to grow from $92.86 billion in 2023 to $113.12 billion in 2025 at a compound annual growth rate of 10.4%. The market is expected to grow and reach $185,740 billion in 2030 with a CAGR of 10.4%.
Increasing gamer involvement during the COVID-19 pandemic is expected to drive the online gambling market.
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Some online gambling market trends include increasingly sponsoring different teams in sports as part of their marketing initiatives to expand their reach and gain audience through these promotions and increasingly using Virtual Reality (VR) and Augmented Reality (AR) to offer a more immersive and realistic experience to their users.
Global online gambling market segments include:
1) By Game Type: Betting, Casino, Lottery, Poker, Online Bingo, Others
2) By Device: Desktop, Mobile, Others
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Online Gambling Global Market Report 2021: COVID-19 Growth and Change is one of a series of new reports from The Business Research Company that provides online gambling market overviews, analyzes and forecasts market size, share, online gambling market players, online gambling market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The online gambling identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Online Gambling Global Market Report 2021: COVID-19 Growth and Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Bet365 Group Ltd., GVC Holdings PLC, The Stars Group Inc., Flutter Entertainment PLC, Kindred Group PLC
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Online Gambling Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Online Gambling Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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