Press release
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐-๐ ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ Set for Rapid Expansion: Valued at $35.99 Billion in 2023, Expected to Double to $72.81 Billion by 2030 at a 10.59% CAGR
Asia-Pacific E-gaming Market
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐-๐ ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ was valued nearly US$ 35.99 Bn. in 2023. Asia-Pacific E-gaming Market size is estimated to grow at a CAGR of 10.59% & is expected to reach at US$ 72.81 Bn. by 2030.
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐-๐ ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The market is largely driven by the increasing penetration of the internet and the growing use of mobile devices, enabling users to engage in online gaming from their homes and public spaces. Factors such as easy access to internet E-gaming, legalization and social acceptance, corporate sponsorships, and celebrity endorsements are also fueling market expansion. Additionally, the growing availability of affordable mobile applications worldwide is expected to further boost market growth.
The year 2020 marked a significant disruption in daily life and had a profound impact on global businesses. The closure of borders, businesses, offices, hotels, and entertainment venues forced many companies to rapidly adapt by shifting their operations and services online. Some enhanced their services to be more accessible and scalable. For instance, before the pandemic, 28% of people shopped online weekly, a figure that increased to 36% by 2020.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/Asia-Pacific-E-gaming-Market/235
๐๐ก๐๐ญ ๐๐ซ๐ ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐-๐ ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
Alongside the e-commerce boom, the online gaming sector is expected to see substantial growth in 2021 as more people stay at home, seek entertainment, and turn to online games. Industry experts predict that this trend will continue to expand. One key driver is the rise of cryptocurrency in the E-gaming world.
Cryptocurrencies are set to dominate the E-gaming industry, with numerous online platforms increasingly accepting digital currencies. Many individuals prefer using Bitcoin and other cryptocurrencies for deposits, withdrawals, and gaming due to the enhanced security and anonymity they offer. Although traditional payment methods remain accepted by major E-gaming sites, cryptocurrencies are gradually replacing them as more people seek privacy and untraceable transactions, particularly in the sensitive area ofE-gaming. The added security provided by cryptocurrencies reduces the risk of identity theft and hacking, making users feel safer. Consequently, a growing number of gamers are adopting cryptocurrency as their preferred payment method, a trend expected to persist.
Access to online gaming is expanding even in regions with restrictions. The anonymity provided by cryptocurrencies allows players worldwide to engage in E-gaming in places where it is otherwise restricted or banned. For instance, despite strict regulations, Taiwan is witnessing a surge in E-gaming platforms that accept Bitcoin. Taiwanese players can now access numerous online games that accept Bitcoin on platforms like Online games TW. As demand continues to rise, online games are becoming more confident in promoting and expanding their presence in these regions. Tapping into this underserved market is a high priority due to the significant revenue potential from these areas. This trend is anticipated to accelerate in the coming years as the industry continues to evolve.
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Asia-Pacific-E-gaming-Market/235
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐-๐ ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ?
by Type
Sports Betting
Bingo
Others
by Device
Desktop
Mobile
Others
Country Scope
China
India
Japan
South Korea
Australia
ASEAN
Rest of APAC
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐-๐ ๐๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
William Hill PLC
Bet365 Group Ltd.
Paddy Power Betfair PLC
Betsson AB
Ladbrokes Coral Group PLC
The Stars Group Inc.
888 Holdings PLC
Sky Betting and Gaming
Kindred Group PLC
GVC Holdings PLC
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Asia-Pacific-E-gaming-Market/235
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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