Online Gambling Market Research Report Forecast 2020-2025
According to IMARC Group’s latest report, titled “Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, global online gambling market grew at a CAGR of around 12% during 2014-2019. Looking forward, IMARC Group expects the global market has huge potential for growth during 2020-2025. The gambling software application can be downloaded on a smart device, or the game can be played through a website. Online gambling platforms offer several benefits, such as cashless transactions, accessibility through any electronic device, personalized budget, and real-time gambling experience.
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High internet connectivity, along with the rising penetration of smart devices, is driving the growth of the online gambling market. The legalization and cultural approval of online betting in several developed countries are also augmenting the demand for online gambling. Several online sports businesses are establishing high-profile sponsorships with various football and racing clubs, to attract a large consumer base.
Various technological upgradations have led to the advent of virtual reality (VR) and blockchain tools. These tools help in maintaining the transparency of gambling activities to provide an engaging experience to the player. Additionally, rising consumer living standards and the inception of bitcoin gambling are further expected to drive the global online gambling market.
Online Gambling Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the global online gambling market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• 888 Holdings PLC
• Bet365 Group Ltd.
• Betsson AB
• Cherry Spelglädje AB
• Flutter Entertainment Plc
• Galaxy Entertainment Group
• GVC Holdings Plc
• Intralot
• Kindred Group Plc
• LeoVegas AB
• MGM Resorts International
The report has segmented the global online gambling market on the basis of game type, device and region.
Breakup by Game Type:
• Sports Betting
o Football
o Horse Racing
o E-Sports
o Others
• Casino
o Live Casino
o Baccarat
o Blackjack
o Poker
o Slots
o Others
• Others
Breakup by Device:
• Desktop
• Mobile
• Others
Breakup by Region:
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
Do you have any query or specific requirement? Ask to our industry expert @ https://www.imarcgroup.com/request?type=report&id=2278&flag=F
Key highlights of the report:
• Market Performance (2014-2019)
• Market Outlook (2020- 2025)
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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