Press release
Online Gambling & Betting Market Estimated growth in 2019-2026 at great speed including top key players like Amonics, Apollo Instruments, IPG Photonics Corporation, TOPTICA Photonics AG, ROFIN-SINAR Technologies, Keopsys Group, Paddy Power Betfair
Online Gambling & Betting Market
The global online gambling & betting market is expected to reach a value of US$ +128 Bn by 2026, expanding at a CAGR of +11% from 2018 to 2026. Europe held the leading share of the online gambling & betting market in 2017.
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Top key Vendors
Amonics Ltd., Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, JENOPTIK Laser GmbH, Keopsys Group, NKT Photonics A/S, Quantel Group, ROFIN-SINAR Technologies Inc. and TOPTICA Photonics AG., Stars Group, Paddy Power Betfair plc., Fortuna Entertainment Group, GVC Holdings Plc., and Kindred Group.
Global Online Gambling & Betting Market split based on gaming type, device type, and region. According to the gaming type, online gambling and speculative market is divided into poker, casino, social gaming, lottery, bingo, sports betting, and fantasy sports. The global online gambling & betting market is divided as per component into hardware, software, and service. Software segment is anticipated to dominate the online gambling & betting market during the projected timeframe.
Gambling and Betting Games, such as casinos, poker, sports betting, lotteries, and other games for online gambling and betting market provide their customers with Internet-based digital platforms. This allows customers to see and participate in gambling and betting activities in real-time through Internet-enabled electronic devices.
The report shows all important data related to industry and market, capacity and technology. The report highlights current market conditions. It presents a brief evaluation and detailed explanation of the real world of online gambling and betting market.
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Regional Analysis
Latin America will contribute substantially to the growth of global online gambling & betting market over the forecast timeframe. There is no central law in Argentina to govern gambling. Gambling is regulated by individual provinces. The African region is expected to have a significant share in the online gambling & betting market. Online sports betting in South Africa, Nigeria, and Ghana will contribute to the payment systems developed by the local firms. However, the market in Europe is anticipated to expand at a substantial pace during the forecast period. The market in North America has major potential for online gambling & betting.
Market Classification:
Online Gambling & Betting Market, By Gaming Type, Estimates and Forecast, 2019-2025 ($Million)
Casino, Lottery, Sports Betting, Poker, Social Gaming, Bingo, Fantasy Sports
Report Highlights:
•Detailed overview of parent market
•Changing market dynamics in the industry
•In-depth market segmentation
•Historical, current and projected market size in terms of volume and value
•Recent industry trends and developments
•Competitive landscape
•Strategies of key players and products offered
•Potential and niche segments, geographical regions exhibiting promising growth
•A neutral perspective on market performance
•Must-have information for market players to sustain and enhance their market footprint
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Key assumptions considered for this report:
1.Average Selling Price (ASP) has been considered to determine market values
2.All values for market size considered in US Dollar (USD)
3.All volumes for market size & Share
4.The competitive landscape also features the SWOT analysis of the selected companies
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