Online Gambling Market size to increase by $ 114.21 Bn during 2020-2024 | Technavio

NEW YORK, Aug. 25, 2021 /PRNewswire/ — The online gambling market size is expected to increase by USD 114.21 billion during 2020-2024, registering a decelerating CAGR of over 11% during the forecast period.

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The online gambling market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the rising popularity of the freemium model.

Technavio analyzes the market by type (lottery, betting, and casino), device (desktop and mobile), and geography (APAC, Europe, MEA, North America, and South America). The introduction of bitcoin gambling is expected to have a positive impact on the growth of the online gambling market during the forecast period.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The online gambling market covers the following areas:

Online Gambling Market Sizing

Online Gambling Market Forecast

Online Gambling Market Analysis

Companies Mentioned

  • 888 Holdings Plc
  • bet365 Group
  • Betsson Ab
  • Camelot UK Lotteries Ltd.
  • Flutter Entertainment Plc
  • GVC Holdings Plc
  • Galaxy Entertainment Group Ltd.
  • INTRALOT SA
  • MGM Resorts International
  • William Hill Plc

Related Reports on Consumer Discretionary Include:

Global Casinos and Gambling Market
 – Global casinos and gambling market is segmented by platform (offline and online) and geography (North America, APAC, Europe, South America, and MEA).

Download Exclusive Free Sample Report

Global Casino Gaming Market – Global casino gaming market is segmented by type (land-based casino gaming and online casino gaming) and geography (North America, APAC, Europe, South America, and MEA).

Download Exclusive Free Sample Report

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type placement
  • Lottery – Market size and forecast 2019-2024
  • Betting – Market size and forecast 2019-2024
  • Casino – Market size and forecast 2019-2024
  • Market opportunity by Type

Market Segmentation by Device

  • Market segments
  • Comparison by Device placement
  • Desktop – Market size and forecast 2019-2024
  • Mobile – Market size and forecast 2019-2024
  • Market opportunity by Device

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 888 Holdings Plc
  • bet365 Group
  • Betsson Ab
  • Camelot UK Lotteries Ltd.
  • Flutter Entertainment Plc
  • Galaxy Entertainment Group Ltd.
  • GVC Holdings Plc
  • INTRALOT SA
  • MGM Resorts International
  • William Hill Plc

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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