[225+ Pages Research Study] According to market research report published by Facts and Factors, the demand analysis of global Online Gambling & Betting Market size & share revenue is expected to grow from USD 755 Million in 2019 to reach USD 100 Billion by 2026, at 10% annual CAGR during 2020-2026. The market companies profiles included in report with their sales, revenues and strategies are Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc., Paddy Power Betfair plc, GVC Holdings plc, Fortuna Entertainment Group and Others.
New Jersey, United Kingdom, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Online Gambling & Betting Market By Game Form Type (Poker, Casino, Sports Betting, Bingo, Lottery, and Others), By Component Analysis (software, and services) and By Device Analysis (Desktop, Mobile, And Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026” in its research database
“According to the latest research study, the demand of global Online Gambling & Betting Market size & share expected to reach to USD 100 Billion by 2026 from USD 50 Billion in 2019, at a compound annual growth rate (CAGR) of 10% during the forecast period 2020 to 2026”
Report Overview & Coverage: What is the Future of Online Gambling?
Online gambling and betting, are generally known as internet gambling. It is gambling on different games such as casinos or sports over the internet. Some of the common games in the market include poker, bingo, lotteries, roulette, slots, and keno. Online gambling and betting have perceived reflective propagation over the past 8-10 years. The easy availability of these games and the temptation of easy money are the leading factors fueling the overall online gambling and betting market growth.
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2020 Updated Report Introduction, Overview, and In-depth industry analysis
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225+ Pages Research Report (Inclusion of Updated Research)
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2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
Includes Updated List of tables & figures
Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
Bet365 Group Ltd
888 Holdings plc
Paddy Power Betfair plc
GVC Holdings plc
Fortuna Entertainment Group
The Stars Group
William Hill plc
Hong Kong Jockey Club
Key questions answered in this report:
What is the projected market size & growth rate of the Online Gambling & Betting Market?
What are the key driving factors for the growth of the Online Gambling & Betting Market?
What are the top companies operative in Online Gambling & Betting Market?
What segments are covered in Online Gambling & Betting Market?
How can I get free sample reports/company profiles of the Online Gambling & Betting Market?
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Market Growth Drivers
Online gambling and betting market are enormously motivated by the firm growth in the internet organization along with the strong awareness of mobile devices. The rising propagation of mobile applications has widened the opportunity for overall market growth. Thus, the constant rise observed across internet usage and online streaming & gaming is anticipated to fuel the market growth in the following years.
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Global Online Gambling Betting Market: Report Scope
Market Size 2019 Value
USD 50 Billion
Market Forecast for 2026
USD 100 Billion
Expected CAGR Growth
CAGR 10% from 2020-2026
Top Market Players
Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc., Paddy Power Betfair plc, GVC Holdings plc, Fortuna Entertainment Group, and Others
Game Form Type, Device Analysis, Component Analysis, and Region
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Based on game form, the global online gambling & betting market is divided into poker, casino, sports betting, bingo, lottery, and others. Sports betting was the largest segment of the online gambling & betting market in 2019. It is expected to register growth by a CAGR of 11% over the forecast period.
Based on component type, the global online gambling & betting market is segmented into software, and services. In 2019, the software segment is anticipated to acquire a major share in the global online gambling & betting market. The service segment is expected to witness the fastest growth during the forthcoming years.
Based on device type, the global online gambling & betting market is segmented into desktop, mobile, and others. In 2019, the desktop segment dominated the global online gambling & betting market. The mobile segment is projected to be the fastest-growing device type over the next five years attributed to increasing the adoption of mobile by consumers, especially in developing countries.
Browse Detail Report on Online Gambling & Betting Market Report, 2020-2026
Europe dominated the market of online gambling & betting accounting for 52% share of the online gambling & betting consumption globally in 2019. Europe is expected to project a huge revenue in the global online gambling & betting market, mainly due to the enormous demand originating from the Western European countries. The Asia Pacific online gambling & betting markets are projected to demonstrate a significant growth rate in the near future, due to a rise in awareness regarding gambling & betting, increased internet penetration, increase in population, and significant growth in GDP in developing countries such as India, China, etc.
Browse the full “Online Gambling & Betting Market By Game Form Type (Poker, Casino, Sports Betting, Bingo, Lottery, and Others), By Component Analysis (software, and services) and By Device Analysis (Desktop, Mobile, And Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026" report at https://www.fnfresearch.com/online-gambling-betting-market-by-game-form-type
The global Online Gambling & Betting Market is segmented into:
Global Online Gambling & Betting Market: By Game Form Type Segment Analysis
Global Online Gambling & Betting Market: By Device Analysis Segmentation
Global Online Gambling & Betting Market: By Component Analysis Segment
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