Online Betting And Gaming Market was valued at USD 66.72 Billion in 2022 and is projected to reach USD 124.24 Billion by 2030, growing at a CAGR of 8.6% from 2024 to 2030.
The global online betting and gaming market was valued at approximately USD 61.5 billion in 2022, reflecting a robust growth trajectory. With an impressive compound annual growth rate (CAGR) of 11.7%, the market is expected to reach around USD 102.9 billion by 2027. This expansion is driven by the increasing adoption of smartphones and tablets, coupled with the rise in internet penetration globally. The market is witnessing significant traction from various segments, including sports betting, online casino games, and virtual sports, as consumers increasingly seek convenient and engaging entertainment options from their devices.
Opportunities within the market are bolstered by emerging trends such as the integration of advanced technologies like augmented reality (AR) and virtual reality (VR), which are expected to enhance user experiences and drive further growth. Additionally, the liberalization of betting regulations in several regions, along with the expansion of digital payment solutions, is creating new avenues for market players to explore. The growing popularity of esports and the rise of mobile betting platforms are also contributing to the market's dynamic evolution, presenting lucrative prospects for innovation and investment in the online betting and gaming sector.
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888 Holdings
Kindred Group
Bet365
GVC Holdings
Gamesys Group
Jackpotjoy
Mecca Bingo
Foxy Bingo
Gala Bingo
Tombola
Paddy Power
Ladbrokes
William Hill
Unibet
Playtech
Microgaming
Virtue Fusion
Jumpman Gaming
Rank Group
Stride Gaming
Daub Alderney
Bwin
Stars Group
Dragonfish
Relax Gaming
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Online Betting And Gaming Market
Social Exuberant
Gambling Enthusiasts
Others
Based on Types the Market is categorized into Below types that held the largest Online Betting And Gaming market share In 2023.
Mobile
Desktop
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Online Betting And Gaming Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Online Betting And Gaming Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Online Betting And Gaming Market, By Type
6. Global Online Betting And Gaming Market, By Application
7. Global Online Betting And Gaming Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Online Betting And Gaming Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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