Learn about the global online gambling market through The Business Research Company, which provides information on online gambling market size, online gambling market drivers and restraints, online gambling market players, the COVID-19 impact on the online gambling market, and more.

The global online gambling market size is expected grow from $73.42 billion in 2021 to $81.08billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The online gambling market is expected to reach $115.13 billion in 2026 at a CAGR of 9.2%.

Increasing adoption of smartphones with improved internet accessibility is driving the online gambling market.

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The online gambling market comprises of revenue generated by remote gaming activities by means of the internet using desktop and mobile devices. The market includes gambling establishments developing online sports betting, casino, bingo, lotteries, and poker games, among others.

Global Online Gambling Market Segments Include:
By Game Type: Betting, Casino, Lottery, Poker, Online Bingo, Others

By Device: Desktop, Mobile, Others

By Component: Software, Services

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the online gambling market in 2021.

Technologies such as Blockchain, IoT and VR are changing everything in every field including online gambling. Virtual Reality and VR Headsets have gained a lot of popularity in recent years and are revolutionary addition to the world of online gambling. With VR, one can actually enter into a virtual casino and play all the games without having to travel. However, fraud and cheating were majorly concerning the users in online gambling. A lot of online casinos and online gambling sites have been accused of not being transparent and hiding their internal workings and the methods for their dealings. These concerns can be addressed using blockchain technology. With blockchain technology, everyone will be able to see exactly what is going on behind the scenes.

TBRC’s online gambling market report covers:

Major Market Players: 888 Holdings PLC, Bet365 Group Ltd., Betsson AB, William Hill PLC, GVC Holdings PLC, Kindred Group PLC, Sky Betting & Gaming, Stars Group Inc., Ladbrokes Coral Group PLC and Paddy Power Betfair 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 (2016-21) and ten years forecast (2022-2026-2031)

The Online Gambling Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides online gambling market overviews, analyses and forecasts market size, share, online gambling market players, online gambling market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s online gambling market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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