0

Lottery Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: May 2022
  • Pages: 120
  • SKU: IRTNTR40859
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The lottery market share is expected to reach an estimated USD 228.43 billion by 2026 at a CAGR of 9.24%.

This lottery market research report extensively covers lottery market segmentation by:

  • Type - Terminal-based games, Scratch-off games, and Sports lotteries
  • Platform - Offline and Online
  • Geography - North America, APAC, Europe, South America, and Middle East and Africa

The lottery market vendors are - Agento N.V., Berjaya Corp. Berhad, Camelot UK Lotteries Ltd., China LotSynergy Holdings Ltd., Colorado Lottery, Florida Lottery, Gaming China, Georgia Lottery Corp., Illinois State Lottery, International Game Technology plc, INTRALOT SA, Jumbo Interactive Ltd., Lotto NZ, Maruhan Corp., New York State Gaming Commission, Scientific Games Corp., STRATACACHE Inc., Tabcorp Holdings Ltd., The California State Lottery, and The Hong Kong Jockey Club among others.

What will the Lottery Market Size be During the Forecast Period?

Lottery Market Size

Download the Free Report Sample to Unlock the Lottery Market Size for the Forecast Period and Other Important Statistics

 

Lottery Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing penetration of online lottery is notably driving the lottery market growth, although factors such as stringent regulations on lottery in various regions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the lottery industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Lottery Market Driver

  • One of the key factors driving growth in the lottery market is the increasing penetration of online lottery. 
  • The growth in the online lottery is attributed to the growing penetration of the Internet and smartphones. Owing to the ease of access to the Internet and the availability of various mobile apps and online platforms, consumers are easily able to participate in the lottery.
  • Vendors are using advanced technologies such as graphics and interactive bots, which have become popular in the gaming arena, to make the online lottery more attractive for consumers.
  • The adoption of online platforms is a strategy through which vendors are trying to provide a better experience to customers as well as tap on the growing use of smartphones by consumers.

Key Lottery Market Trend

  • The adoption of technologies by lottery operators is a lottery market trend that is expected to have a positive impact in the coming years.
  • The global lottery market is highly regulated and is mostly dominated by government entities, and hence, it is difficult to expand the business.
  • Rather than operating in a traditional manner, vendors started focusing on finding different ways to engage customers. This would require companies to identify emerging technologies that can help make the offline lottery more attractive.
  • The growing use of online platforms by consumers has provided various opportunities to vendors. With more people going online, lottery vendors need to shift from typical instant games by providing players greater social experience and interaction while playing in groups.
  • The prominence of big data and the increasing number of Internet of Things (IoT) devices will also change the prospects of the global lottery market. By leveraging technology in sales channels and other facets of the lottery business, vendors can increase their customer base as well as maintain a competitive edge.

Key Lottery Market Challenge

  • The stringent regulations on the lottery in various regions will be a major challenge for the lottery market during the forecast period.
  • A lottery is one of the forms of gambling, which is highly regulated across various countries. The industry is closely coupled with social responsibility, and hence, it is in the industry's nature to be heavily regulated.
  • It also ensures that the public interest is protected, and the revenue collected through lottery sales is appropriately reallocated to participants and the society for various good causes.
  • In many countries, the lottery is either run by government-owned entities, or the licenses are provided by the government to private entities for running a lottery business. Due to the high risk involved and great socio-economic impact, governments tend to regulate gambling and its different forms, which restricts the market entry of private players and affects market growth.

This lottery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global lottery market as a part of the global casinos and gaming market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the lottery market during the forecast period.

Who are the Major Lottery Market Vendors?

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

 

  • Agento N.V.
  • Berjaya Corp. Berhad
  • Camelot UK Lotteries Ltd.
  • China LotSynergy Holdings Ltd.
  • Colorado Lottery
  • Florida Lottery
  • Gaming China
  • Georgia Lottery Corp.
  • Illinois State Lottery
  • International Game Technology plc
  • INTRALOT SA
  • Jumbo Interactive Ltd.
  • Lotto NZ
  • Maruhan Corp.
  • New York State Gaming Commission
  • Scientific Games Corp.
  • STRATACACHE Inc.
  • Tabcorp Holdings Ltd.
  • The California State Lottery
  • The Hong Kong Jockey Club

 

This statistical study of the lottery market encompasses successful business strategies deployed by the key vendors. The lottery market is fragmented and the vendors are deploying growth strategies such as introducing new games with different price ranges to compete in the market.

Product Insights and News

  • Camelot UK Lotteries Ltd. - Camelot UK Lotteries Ltd. is a privately held company headquartered in UK. It is a regional company generating $9,797.58 million in revenues and limited information regarding its employee strength is available. Its revenue from the global lottery market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • Camelot UK Lotteries Ltd. - The company offers lottery services such as national lottery games, retail and digital. 

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.

The lottery market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Lottery Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the lottery market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Lottery Market?

Lottery Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

36% of the market's growth will originate from APAC during the forecast period. China is the key region for lottery market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The relaxation of government regulations and the increasing disposable income of the population will facilitate the lottery market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic impacted the lottery industry in APAC. The Government of India closed venues and restricted traffic flow across and within borders. This exacerbated weak consumer sentiment and led to negative cash flows. With the region returning to normalcy since H2 2021 and the advent of mass vaccination drives and ease of lockdown measures, it is anticipated that the regional market will grow positively during the forecast period.

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

Lottery Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The lottery market share growth by the terminal-based games segment will be significant during the forecast period. One of the major reasons for the growth of this segment is the growing popularity of casinos and anxiety among users to gain profits from lotteries. Furthermore, the prize money awarded in terminal-based games is significantly more than that of the other types of lotteries. Moreover, the growing adoption of reconfigurable electronic gaming machines among casinos is further expected to spur the growth of this segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the lottery market size and actionable market insights on post COVID-19 impact on each segment.

 

Lottery Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 9.24%

Market growth 2022-2026

$ 228.43 billion

Market structure

Fragmented

YoY growth (%)

11.11

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 36%

Key consumer countries

US, China, Italy, France, and Spain

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Agento N.V., Berjaya Corp. Berhad, Camelot UK Lotteries Ltd., China LotSynergy Holdings Ltd., Colorado Lottery, Florida Lottery, Gaming China, Georgia Lottery Corp., Illinois State Lottery, International Game Technology plc, INTRALOT SA, Jumbo Interactive Ltd., Lotto NZ, Maruhan Corp., New York State Gaming Commission, Scientific Games Corp., STRATACACHE Inc., Tabcorp Holdings Ltd., The California State Lottery, and The Hong Kong Jockey Club

Market dynamics

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

Request for a FREE sample

What are the Key Data Covered in this Lottery Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive lottery market growth during the next five years
  • Precise estimation of the lottery market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the lottery industry across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of lottery market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Platform
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 25: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 27: Chart on Comparison by Type
      • Exhibit 28: Data Table on Comparison by Type
    • 5.3 Terminal-based games - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Terminal-based games - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Data Table on Terminal-based games - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 31: Chart on Terminal-based games - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Terminal-based games - Year-over-year growth 2021-2026 (%)
    • 5.4 Scratch-off games - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Scratch-off games - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Data Table on Scratch-off games - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 35: Chart on Scratch-off games - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Scratch-off games - Year-over-year growth 2021-2026 (%)
    • 5.5 Sports lotteries - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Sports lotteries - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Data Table on Sports lotteries - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 39: Chart on Sports lotteries - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Sports lotteries - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Type
      • Exhibit 41: Market opportunity by Type ($ billion)

    6 Market Segmentation by Platform

    • 6.1 Market segments
      • Exhibit 42: Chart on Platform - Market share 2021-2026 (%)
      • Exhibit 43: Data Table on Platform - Market share 2021-2026 (%)
    • 6.2 Comparison by Platform
      • Exhibit 44: Chart on Comparison by Platform
      • Exhibit 45: Data Table on Comparison by Platform
    • 6.3 Offline - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Offline - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on Offline - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 6.4 Online - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Online - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on Online - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Platform
      • Exhibit 54: Market opportunity by Platform ($ billion)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 58: Chart on Geographic comparison
      • Exhibit 59: Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2021-2026
      • Exhibit 60: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 61: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 62: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.4 APAC - Market size and forecast 2021-2026
      • Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.5 Europe - Market size and forecast 2021-2026
      • Exhibit 68: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 69: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 70: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 76: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 77: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 78: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 China - Market size and forecast 2021-2026
      • Exhibit 84: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 85: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 86: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.10 Italy - Market size and forecast 2021-2026
      • Exhibit 88: Chart on Italy - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 89: Data Table on Italy - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 90: Chart on Italy - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on Italy - Year-over-year growth 2021-2026 (%)
    • 8.11 France - Market size and forecast 2021-2026
      • Exhibit 92: Chart on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 93: Data Table on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 94: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 8.12 Spain - Market size and forecast 2021-2026
      • Exhibit 96: Chart on Spain - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 97: Data Table on Spain - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 98: Chart on Spain - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on Spain - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 100: Market opportunity by geography ($ billion)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 101: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 103: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 104: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 105: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 106: Matrix on vendor position and classification
            • 11.3 Camelot UK Lotteries Ltd.
              • Exhibit 107: Camelot UK Lotteries Ltd. - Overview
              • Exhibit 108: Camelot UK Lotteries Ltd. - Product / Service
              • Exhibit 109: Camelot UK Lotteries Ltd. - Key offerings
            • 11.4 China LotSynergy Holdings Ltd.
              • Exhibit 110: China LotSynergy Holdings Ltd. - Overview
              • Exhibit 111: China LotSynergy Holdings Ltd. - Product / Service
              • Exhibit 112: China LotSynergy Holdings Ltd. - Key offerings
            • 11.5 Florida Lottery
              • Exhibit 113: Florida Lottery - Overview
              • Exhibit 114: Florida Lottery - Product / Service
              • Exhibit 115: Florida Lottery - Key offerings
            • 11.6 International Game Technology plc
              • Exhibit 116: International Game Technology plc - Overview
              • Exhibit 117: International Game Technology plc - Business segments
              • Exhibit 118: International Game Technology plc - Key offerings
              • Exhibit 119: International Game Technology plc - Segment focus
            • 11.7 INTRALOT SA
              • Exhibit 120: INTRALOT SA - Overview
              • Exhibit 121: INTRALOT SA - Business segments
              • Exhibit 122: INTRALOT SA - Key news
              • Exhibit 123: INTRALOT SA - Key offerings
              • Exhibit 124: INTRALOT SA - Segment focus
            • 11.8 Lotto NZ
              • Exhibit 125: Lotto NZ - Overview
              • Exhibit 126: Lotto NZ - Product / Service
              • Exhibit 127: Lotto NZ - Key offerings
            • 11.9 New York State Gaming Commission
              • Exhibit 128: New York State Gaming Commission - Overview
              • Exhibit 129: New York State Gaming Commission - Product / Service
              • Exhibit 130: New York State Gaming Commission - Key offerings
            • 11.10 Scientific Games Corp.
              • Exhibit 131: Scientific Games Corp. - Overview
              • Exhibit 132: Scientific Games Corp. - Business segments
              • Exhibit 133: Scientific Games Corp. - Key offerings
              • Exhibit 134: Scientific Games Corp. - Segment focus
            • 11.11 The California State Lottery
              • Exhibit 135: The California State Lottery - Overview
              • Exhibit 136: The California State Lottery - Product / Service
              • Exhibit 137: The California State Lottery - Key offerings
            • 11.12 The Hong Kong Jockey Club
              • Exhibit 138: The Hong Kong Jockey Club - Overview
              • Exhibit 139: The Hong Kong Jockey Club - Product / Service
              • Exhibit 140: The Hong Kong Jockey Club - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 141: Inclusions checklist
                • Exhibit 142: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 143: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 144: Research methodology
                • Exhibit 145: Validation techniques employed for market sizing
                • Exhibit 146: Information sources
              • 12.5 List of abbreviations
                • Exhibit 147: List of abbreviations
              • in competition

                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
                Technavio

                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
                Technavio

                TechnavioREPORT WRITING

                Qualitative

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

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
                Interested in this report?
                Get your sample now!
                Lottery Market market growth will increase by $228.43 bn during 2022-2026.
                The lottery market market is expected to grow at a CAGR of 9.24% during 2022-2026.
                Technavio has segmented the lottery market market by type (Terminal-based games, Scratch-off games, and Sports lotteries) ,geography (North America, APAC, Europe, South America, and Middle East and Africa) , and geographic (North America, APAC, Europe, South America, and Middle East and Africa).
                Agento N.V., Berjaya Corp. Berhad, Camelot UK Lotteries Ltd., China LotSynergy Holdings Ltd., Colorado Lottery, Florida Lottery, Gaming China, Georgia Lottery Corp., Illinois State Lottery, International Game Technology plc, INTRALOT SA, Jumbo Interactive Ltd., Lotto NZ, Maruhan Corp., New York State Gaming Commission, Scientific Games Corp., STRATACACHE Inc., Tabcorp Holdings Ltd., The California State Lottery, The Hong Kong Jockey Club are a few of the key vendors in the lottery market market.
                APAC will register the highest growth rate of 36% among the other regions. Therefore, the lottery market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the lottery market market growth are:
                • increasing penetration of online lottery
                • Adoption of technologies by lottery operators
                The lottery market market vendors should focus on grabbing business opportunities from the terminal-based games segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
                • Off-the-shelf research reports
                • Reports can be tailored to meet the customer's needs
                • Trusted by more than 100 fortune 500 organizations
                • Information about the market's key drivers, trends, and challenges
                • Parent market analysis
                • Every week, 50,000 people visit our subscription platform
                • Detailed vendors report with competitive landscape
                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis

                Certified ISO 9001 : 2015

                We are ISO recognized

                We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

                We are GDPR and CCPA compliant

                We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

                Safe and Secure SSL Encrypted
                Technavio

                info
                close
                • Single:

                  One user only.
                  Quick & easy download option

                • Enterprise:

                  Unlimited user access (Within your organization)
                  Complimentary Customization Included

                2500 USD

                Technavio Get the report (PDF) sent to your email within minutes.

                Subscribe & Save

                Get lifetime access to our
                Technavio Insights

                Customized Report as per your Business Needs

                • Our analysts will work directly with you and understand your needs
                • Get data on specified regions or segments, competitor and Vendors
                • Data will be formatted and presented as per your requirements
                • We offer $1000 worth of FREE customization at the time of purchase

                Let us help you make report more suited to your requirements.

                • Get a competitive breakdown as per your niche industry
                • Customize the data with various metrics that meet your business prerequisite
                • Understand Revenue Sources, Customers and many more
                • Details on Market Share
                • These customizations are done in a short amount of time by our analysts and industry experts
                Technavio
                Enquire Before Buying
                17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>