- January 1, 2021
- Category: Gaming, Sports and Fitness, Other Industry Reports
Global Online Gambling Market Size study, By Type (Sports Betting, Casinos, Poker, Bingo), By Device (Desktop, Mobile), and Regional Forecasts 2021-2027
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Online Gambling Market, by Region, 2019-2027 (USD Billion) 1.2.2. Online Gambling Market, by Type, 2019-2027 (USD Billion) 1.2.3. Online Gambling Market, by Device , 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Online Gambling Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Online Gambling Market Dynamics 3.1. Online Gambling Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 126.96.36.199. Convenient 188.8.131.52. Inclination towards online platforms 3.1.2. Market Restraint 184.108.40.206. Stringent legal regulations 220.127.116.11. Threats of cybercrime and hacking 3.1.3. Market Opportunities 18.104.22.168. Augmented reality and block chain Chapter 4. Global Online Gambling Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Online Gambling Market, by Type 5.1. Market Snapshot 5.2. Global Online Gambling Market by Type, Performance - Potential Analysis 5.3. Global Online Gambling Market Estimates & Forecasts by Type 2018-2027 (USD Billion) 5.4. Online Gambling Market, Sub Segment Analysis 5.4.1. Sports Betting 5.4.2. Casinos 5.4.3. Poker 5.4.4. Bingo Chapter 6. Global Online Gambling Market, by Device a. Market Snapshot 6.1. Global Online Gambling Market by Device, Performance - Potential Analysis 6.2. Global Online Gambling Market Estimates & Forecasts by Device 2018-2027 (USD Billion) 6.3. Online Gambling Market, Sub Segment Analysis 6.3.1. Desktop 6.3.2. Mobile Chapter 7. Global Online Gambling Market, Regional Analysis 7.1. Online Gambling Market, Regional Market Snapshot 7.2. North America Online Gambling Market 7.2.1. U.S. Online Gambling Market 22.214.171.124. Type breakdown estimates & forecasts, 2018-2027 126.96.36.199. Device breakdown estimates & forecasts, 2018-2027 188.8.131.52. Application breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Online Gambling Market 7.3. Europe Online Gambling Market Snapshot 7.3.1. U.K. Online Gambling Market 7.3.2. Germany Online Gambling Market 7.3.3. France Online Gambling Market 7.3.4. Spain Online Gambling Market 7.3.5. Italy Online Gambling Market 7.3.6. Rest of Europe Online Gambling Market 7.4. Asia-Pacific Online Gambling Market Snapshot 7.4.1. China Online Gambling Market 7.4.2. India Online Gambling Market 7.4.3. Japan Online Gambling Market 7.4.4. Australia Online Gambling Market 7.4.5. South Korea Online Gambling Market 7.4.6. Rest of Asia Pacific Online Gambling Market 7.5. Latin America Online Gambling Market Snapshot 7.5.1. Brazil Online Gambling Market 7.5.2. Mexico Online Gambling Market 7.6. Rest of The World Online Gambling Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. William Hill PLC 184.108.40.206. Key Information 220.127.116.11. Overview 18.104.22.168. Financial (Subject to Data Availability) 22.214.171.124. Product Summary 126.96.36.199. Recent Developments 8.2.2. Bet365 Group Ltd. 8.2.3. Paddy Power Betfair PLC 8.2.4. Betsson AB 8.2.5. Ladbrokes Coral Group PLC 8.2.6. The Stars Group Inc. 8.2.7. 888 Holdings PLC 8.2.8. Sky Betting and Gaming 8.2.9. Kindred Group PLC 8.2.10. GVC Holdings PLC Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global online gambling Market is valued approximately at USD 59.88 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 11.5% over the forecast period 2021-2027. Online gambling means indulging in betting practices such as casinos and sports over the internet. These bets are placed using credit card accounts and thereby the money gets debited or credited depending upon the wins or losses. There are different types of online gambling games such as bingo, poker, lotteries, cricket, and many more. The major factor adding to the growth of online gambling is that it provides the convenience of cashless transactions which removes the hassle of carrying cash whenever betting. In 2018, United States Supreme Court legalized sports betting which will further support the market’s growth. Pandemic had a positive impact on the industry because people are shifting more towards online platforms. However, stringent rules related to gambling hinders the growth of the industry. States including Tamil Nadu prohibited online gambling games and also imposed a fine of rupee 5000 on those playing them. Also, lack of security and authenticity slows down the growth because it is not regulated by any authority. This increases the possibilities of hacking the apps and manipulating the signals through fake apps. But, technologies such as virtual reality and blockchain gives the opportunity for development in the industry. Blockchain will allow the manufacturer to have a more transparency in the gambling activities and AR will enable to give the users enhanced experience.
The Key regions considered for the regional analysis of Global Online Gambling Market are Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the fastest growing region. There are three states namely Nevada, Pennsylvania, and New Jersey where online gambling is legal and regulated in the US. Also, the growing use of internet services and relaxation in regulations is increasing the growth of the sector in the Asia Pacific region. Macau and Hong Kong are the most prominent revenue generating countries in the region.
Major market player included in this report are:
William Hill PLC
Bet365 Group Ltd.
Paddy Power Betfair PLC
Ladbrokes Coral Group PLC
The Stars Group Inc.
888 Holdings PLC
Sky Betting and Gaming
Kindred Group PLC
GVC Holdings PLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End User:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Online Gambling(PSF) Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers