Global Online Gambling Market Growth Analysis And Indications – Includes Online Gambling Market Demand
The Business Research Company’s report goes into great detail on the online gambling market size and growth, online gambling market regional analysis, online gambling market competitive landscape, and other critical information needed to excel in the online gambling industry.
Major players in the online gambling market include Flutter Entertainment plc, bet365 Group Ltd., Entain plc, Kindred Group plc, William Hill PLC.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The online gambling market is expected to grow from $76.79 billion in 2020 to $127.45 billion in 2025 at a rate of 10.7%. The online gambling market is then expected to grow at a CAGR of 8.6% from 2025 and reach $192.26 billion in 2030.
Asia Pacific was the largest region in the online gambling market, accounting for 31.9% of the total in 2021.
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.
Globally, there has been a spike in the number of users of online gambling platforms during the pandemic lockdown.
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The companies in the online gambling market are increasingly investing in Artificial Intelligence (AI) for improving the overall experience for customers. With the help of AI, personalization for each user is possible as the technology can analyze the preference of the user in terms of game selection and offer a customized welcome page accordingly, helping the user to save time spent on looking for the right game. AI also helps in providing customer support in the form of chat-bots for resolving queries. Through AI, behavior patterns and gaming frauds can also be checked, which helps in preventing frauds and locks out scammers
TBRC’s Global Online Gambling Market Report Is Segmented:
By Game Type: Betting, Casino, Lottery, Poker, Online Bingo, Others
By Device: Desktop, Mobile, Other Devices
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Online Gambling Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the online gambling market globally and regionally, analyzes and forecasts market size, share, online gambling market players, online gambling market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
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Gambling Global Market Report 2022
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