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 has the potential to grow by $ 79.58 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3%.

The gambling market report extensively covers market segmentations by Type (Lottery, Betting, and Casino) 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

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the increasing betting on e-sports are notably supporting the gambling market growth. On the other hand, factors such as security and credibility issues associated with online gambling have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic gambling market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the gambling market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Gambling Market Vendors?

The gambling market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

  • 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

The gambling market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full gambling market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

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

Which are the Key Regions for Gambling Market?

Gambling Market Share by Geography

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US, China, UK, Germany, and Canada are the key markets for gambling market 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 Share by Type

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The gambling market share growth by the __ segment has been significant. The gambling market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

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.

Gambling Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

$ 79.58 billion

Market structure

Fragmented

YoY growth (%)

1.54

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 44%

Key consumer countries

US, China, UK, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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., and MGM Resorts International

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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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