Gambling Market by Type, Platform, and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR41072
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The gambling market size will grow up to USD 79.58 billion at a CAGR of 2.54% during 2021-2025.

The gambling market report extensively covers market segmentations by type (lottery, betting, and casino), platform (offline and online), and geography (North America, APAC, Europe, South America, and MEA) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Gambling Market Size be in 2021?

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Gambling Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing betting on e-sports is notably driving the gambling market growth, although factors such as security and credibility issues associated with online gambling may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the gambling market get your FREE report sample now.

This post-pandemic gambling market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Gambling Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 888 Holdings Plc
  • Bet365 Group Ltd.
  • Caesars Entertainment Corp.
  • Camelot UK Lotteries Ltd.
  • Flutter Entertainment Plc
  • Galaxy Entertainment Group Ltd.
  • International Game Technology Plc
  • INTRALOT SA
  • Las Vegas Sands Corp.
  • MGM Resorts International

 

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The gambling market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the gambling market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Gambling Market?

Gambling-Market-Market-Share-by-Region-2020-2025

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China is a key market for gambling in APAC. Learn about the key, emerging, and untapped markets from our gambling market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 44% of the market’s growth will originate from APAC during the forecast period.

APAC has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in APAC is high penetration of smartphones. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Gambling Market?

Gambling-Market-Market-Share-by-Type-2020-2025

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The gambling market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The gambling market share growth by the lottery segment has been significant and is expected to provide significant growth opportunities to market vendors.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the gambling market size.

 

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What are the Key Factors Covered in this Gambling Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive gambling market growth during the next five years
  • Precise estimation of the gambling market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the gambling market across North America, APAC, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gambling market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The gambling market growth will increase by $231.63 billion during 2019-2024.
The gambling market is expected to grow at a CAGR of 4.93% during 2019-2024.
Technavio has segmented the gambling market by type (Lottery, Betting, and Casino) and geographic (North America, APAC, Europe, and South America).
888 Holdings Plc, bet365 Group, Caesars Entertainment Corp., Camelot UK Lotteries Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., INTRALOT SA, Las Vegas Sands Corp., MGM Resorts International, William Hill Plc are a few of the key vendors in the gambling market.
APAC will register the highest growth rate of 42.55% among the other regions. Therefore, the gambling market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the gambling market growth are:
  • Increasing betting on e-sports
  • Growing number of M&A
The gambling market vendors should focus on grabbing business opportunities from the lottery segment as it accounted for the largest market share in the base year.
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