Online Gambling Market, Dynamics, Trends, and Market Analysis - PowerPoint PPT Presentation

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Online Gambling Market, Dynamics, Trends, and Market Analysis

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The Global Online Gambling Market is expected to grow from USD 55.8 billion in 2020 to USD 106.2 billion by 2026 at a CAGR of over 11.3% during the forecast period. – PowerPoint PPT presentation

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Title: Online Gambling Market, Dynamics, Trends, and Market Analysis


1
Presents a Research Report on
Online Gambling Market
Global Online Gambling Market report is segmented
By Type (Sports Betting, Casinos, Poker, Bingo,
Others), By Device (Desktop, Mobile, Others), and
Region. This market research report provides
in-depth information on trends, dynamics, revenue
opportunities, competitive landscape, and recent
developments in the global online gambling
market. The historic years considered for the
study are 2016-2019, the base year is 2020, the
estimated year is 2021, and the forecast period
is 2022-2026.


www.stratviewresearch.com
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2
Online Gambling Market Growth and Forecast
Highlights Drivers
  • The Global Online Gambling Market is expected to
    grow from USD 55.8 billion in 2020 to USD 106.2
    billion by 2026 at a CAGR of over 11.3 during
    the forecast period.
  • Online gambling, also referred to online betting
    or internet gambling consists of a wide range of
    online games.
  • It refers to any kind of gambling conducted on
    the internet.
  • The players can participate in bets related to
    live sports or other related events to win prizes
    or money.
  • It includes virtual poker, sports betting, and
    casinos.
  • Online betting platforms, mobile applications,
    and websites are gaining popularity across the
    globe.
  • The growing use of mobile phones and high
    internet penetration among individuals for
    playing online games from public places and
    homes, which is one of the key drivers.
  • Some factors such as legalization and cultural
    approval, easy access to online gambling,
    celebrity endorsements, and corporate censorships
    also propel market growth.
  • The rising availability of cost-effective mobile
    applications around the world is likely to offer
    lucrative opportunities to the market players.
  • However, signal manipulation through fake apps
    and app-based hacking are some of the restraining
    factors affecting the industry expansion.

3
Market Insights
  • By Type
  • The market is segmented as sports betting,
    casinos, poker, bingo, others.
  • Among these, the sports segment witnessed the
    largest market share in 2020 owing to rising use
    of digital platforms among consumers.
  • Further, growing purchasing power in Asia Pacific
    further led to increasing spending capacity in
    online betting in sports, resulting in segment
    growth.
  • By Region
  • The Europe market held the highest market share
    in 2020 and is estimated to register a robust
    CAGR during the review period.
  • This is majorly attributed to the legalization of
    gambling in various countries such as Germany,
    Spain, Germany, Malta, and Italy.
  • Favourable factors such as increasing popularity
    of online casinos, availability of high-speed
    internet, and rising use of smart phones further
    boosts the regional growth.
  • Also, the Gambling Act 2005 imposed up by the
    U.K. Gambling Commission (UKGC) has allowed the
    companies to advertise their gambling sites,
    which is also accelerating the growth of the
    market in Europe.

4
Competitive Insights
Online Gambling Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed
  • William Hill PLC (UK),
  • Bet365 Group Ltd. (UK),
  • Paddy Power Betfair PLC (Ireland),
  • Betsson AB (Sweden),
  • Ladbrokes Coral Group PLC (UK),
  • The Stars Group Inc. (Canada),
  • 888 Holdings PLC (UK),
  • Sky Betting Gaming (UK),
  • Kindred Group PLC (Malta),
  • GVC Holdings PLC (UK).

5
Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

6
Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
    analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
    opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

7
Market Segmentation
  • The Online Gambling Market is segmented into the
    following categories.
  • Online Gambling Market Size, Share, Forecast,
    by Type
  • Sports Betting
  • Casinos
  • Poker
  • Bingo
  • Others
  • Online Gambling Market Size, Share, Forecast,
    by Device Type
  • Desktop
  • Mobile
  • Others
  • Online Gambling Market Size, Share, Forecast,
    by Region
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

8
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
9
Contact Us for More Information and Sample Pages
Ask for Sample Pages here https//www.stratviewr
esearch.com/Request-Sample/1648/online-gambling-ma
rket.htmlform
10
Thank You
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