Press release
Online Gambling & Betting Market to Reach US$ 128.2 Bn by 2026
Get Brochure For More Information@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2662
Online gambling and betting refers to operators providing gambling and betting games, such as, casino, poker, sports betting, lottery, and other games to end-users through an Internet-based digital platform. This allows users to witness and engage in gambling and betting activities in real-time through their Internet-enabled electronic devices. Rise in penetration of Internet-based devices, trust on wagering through online mode of payment, and relaxation of laws have boosted the online gambling & betting market across the globe. Based on device type, the mobile segment is anticipated to expand at a significant CAGR of around 16 % during the forecast period.
Factors, such as, increase in prevalence gambling, disposable income of consumers, trust in a wagering through electronic payment mode of online gambling & betting, and growth in penetration of the Internet, along with adoption of Internet-based devices, are driving the growth of the online gambling & betting market. However, stringent regulatory laws for online gambling, insufficient facility for internet operations, and threat of cyber-attack are the major challenges faced by the online gambling & betting market. Furthermore, the online gambling & betting market faces threats from regulatory bodies implementing stringent laws and regulations in terms of social-political aspects and the availability of option to wager in traditional or offline gambling & betting. Nevertheless, integration of live streaming with online gambling and development of online gambling & betting sites with advanced technology as per requirement of end-users are likely to create new opportunities in the market.
The global online gambling & betting market report offers detailed segmentation based on gaming type, device type, and region. According to the report, based on gaming type, the sports betting segment is anticipated to expand at a significant CAGR of about 14 % during the forecast period. Casino was the second leading segment of the online gambling & betting market in terms of value in 2017. In terms of value, the sports betting and casino segments are projected to expand at a CAGR of about 14 % and 12 %, respectively, during the forecast period. The mobile segment is anticipated to expand at a CAGR of around 16% from 2018 to 2026. The desktop segment is expected to remain at a competitive growth rate with a CAGR of around 6 % during the forecast period.
Europe led the online gambling & betting market in 2017. The online gambling & betting market in Asia Pacific is anticipated to expand at a significant CAGR of around 14 % during the forecast period. Primary drivers of the online gambling & betting market in Asia Pacific are relaxation of laws, growth in participation of wagers through Internet, and availability of foreign gambling & betting sites with attractive offers. Additionally, increase in penetration of Internet-based devices and trust in using online gambling & betting sites are stimulating the market. Europe is expected to witness a significant growth during the forecast period. The online gambling & betting market in North America is anticipated to expand at a CAGR of about 12 % from 2018 to 2026.
Leading players operating in the online gambling & betting market include 888 Holdings plc, The Stars Group, Paddy Power Betfair plc. Fortuna Entertainment Group, GVC Holdings Plc., and Kindred Group, as profiled in this report.
Get Customize Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2662
The global online gambling & betting market has been segmented as below:
By Gaming Type
Poker
Casino
Social Gaming
Lottery
Bingo
Sports Betting
Fantasy Sports
By Device Type
Desktop
Mobile
Tab
About Us:-
We are leaders in analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.
Contact Us:-
Transpareny Market Research
U.S. OFFICE:
State Tower, 90 State Street, Suite 700,
Albany NY - 12207, United States
Phone: +1-518-618-1030
Email: sales@transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Online Gambling & Betting Market to Reach US$ 128.2 Bn by 2026 here
News-ID: 1378018 • Views: …
More Releases from Transparency Market Reasearch
Demand For Printed Leather Market is expected to Rise at an Impressive CAGR of 6 …
The global Printed Leather market is estimated to attain a valuation of US$ 500 Mn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6% during the forecast period, 2021-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Cable Assembly Market is Booming at A Cagr Of 6.2% to Reach US$ 292.6 Bn by the …
The global Cable Assembly market is estimated to attain a valuation of US$ 292.6 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6.2% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Narrowband Internet-of-Things (IoT) Chipset Market is Poised to Flourish at A 23 …
The global Narrowband Internet-of-Things (IoT) Chipset market is estimated to attain a valuation of US$ 2.2 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 23.4% during the forecast period, 2021-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading…
Carpet Yarn Market is Projected to Exhibit Growth at 5.14% CAGR by 2031- TMR Stu …
The global Carpet Yarn market is estimated to attain a valuation of US$ 26.8 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5.14% during the forecast period, 2021-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
