Online gambling is now more accessible than ever before. According to recent reports by Adroit Market Research, the global online gambling market looks to surpass $80.65 bn by 2025.
— The research report on ‘global online gambling market’ offers a comprehensive study on market growth aspects, market share in terms of value & volume, and current and future market trends. The global online gambling market size was valued at 41.92 US$ million and it is anticipated to reach 80.65 US$ million with a significant CAGR over the forecast period. Addition of new regulations and growing technological advancements are likely to drive the global online gambling market growth during the prediction period. In addition, increasing adoption of tablets as well as smartphones and easily accessible online platforms are expected to boost the global online gambling market growth.
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The several gaming types of online gambling may include bingo, betting, casino, lottery, and other games. On considering the type overview, the global games gambling market is segregated into casinos, sports betting, bingo, poker, and others. In between these, the sports betting segment is dominated the highest global online gambling market share of 40% in the year 2016. It includes the number of sports tournaments such as tennis, basketball, cricket, and other games. On the basis of device overview, the global online gambling market is segregated into desktop and mobile.
According to the regional overview, the global online gambling market is fragmented into Europe, North America, Asia Pacific, Middle East & Africa, and Central & South America. Out of these, the European market is dominated by the largest global online gambling market share in the year 2016. This is owing to online gambling is authorized game service in the huge number of countries such as Germany, France, as well as Italy. In addition to this, countries like Germany and the U.K. have well-developed infrastructure and technology. Furthermore, these regions have witnessed the huge penetration of tablets and mobile phones for playing online games with the help of applications offered by several service providers.
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The global market for online gambling is very competitive. The huge number of leading players has been concentrating on mergers and acquisitions since the last few years to improve their global market share as well as improve margins. The number of major service providers in the online gambling market is offering identical or same products as well as services. Some leading service providers of the global online gambling market includes China Welfare Lottery, China Sports Lottery, Las Vegas Sands Corporation, Galaxy Entertainment Group Limited, and Japan Taarakuji lottery.
Major points from Table of Contents:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Online gambling Overview Market, By Type
Chapter 5. Online gambling Market Overview, By Devices
Chapter 6. Online gambling Market Overview, By Region
Chapter 7. Company Profiles
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