Online gambling

Online Gambling Market Growth Study 2022 | Impressive healthy CAGR of 12%, leading industry players – William Hill PLC (UK), Bet365 Group Ltd. (UK)

Online gambling market: introduction

The global online gambling market has witnessed continuous development over the past couple of years and is expected to develop much more during the period 2020-2026. Exploration introduces an overall assessment of the online gambling market and contains future patterns, current growth factors, conscious sentiments, certainties, chronicle information, and factually backed and industry-approved market information.

The online gambling market is expected to grow from USD 51.8 billion in 2019 to USD 139 billion in 2029, with 12% CAGR.

Competitive analysis

The report contains an in-depth analysis of the vendor’s profile, including financial health, business units, key business priorities, SWOT, strategies and opinions.

  • 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)
  • Sky Betting and Gaming (UK)
  • Kindred Group PLC (Malta)
  • GVC Holdings PLC (Isle of Man)

Suppliers were identified based on portfolio, geographic presence, marketing and distribution channels, revenue generation and significant R&D investments.

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Vendors across different verticals are planning major investments in this market and hence, the market is expected to grow at an impressive rate in the coming years. The major players are adopting various organic and inorganic growth strategies such as mergers and acquisitions, collaboration and partnerships, joint ventures, and few other strategies to gain a strong position in the global market.

Market Segmentation Analysis

The report provides an extensive assessment of the market, providing in-depth qualitative insights, historical data and supportable projections as well as assumptions about the size of the Online Gambling Games market. The projections presented in the report have been derived using proven research methodologies and assumptions based on vendor portfolio, blogs, white papers, and vendor presentations. Thus, the research report represents all aspects of the Online Gambling Market and is segmented on the basis of regional markets, offerings, applications, and end users.

By type

sports betting
Casinos
Poker
bingo

Per device

Office
Portable

Regional analysis

North America held the largest online gambling market share in 2018 and is expected to dominate the market over the forecast period. The market will witness a strong rise in the following regions covered: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

Advantages

Companies in the online gambling industry provide business continuity with powerful protection by constantly checking the report and representing attractive growth opportunities for business. Online gaming meets all the needs of operators by allowing them to improve their services and focus on their core business. Online Gambling Market Research aims to increase business agility and reduce operational and capital expenditures through improved technology deployments and capacity planning. The report examines service types and regions related to this Online Gambling Market. Additionally, the report provides details about the major challenges affecting the growth of the market.

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Other report features:

  1. Provides an in-depth analysis of key strategies with a focus on corporate structure, R&D methods, location strategies, production capacities, sales and performance of various companies.
  2. Provides valuable product portfolio insights including product planning, development and positioning.
  3. Analyzes the role of the main players in the online gambling market and their partnerships as well as mergers and acquisitions.

Thank you for reading this article; you can also get individual chapter wise sections or region wise report versions like North America, Europe or Asia.

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