Online Gambling Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Online Gambling Market: By Game Type (Sports Betting, Casino, Lottery, Bingo, Others) Device Type (Desktop, Mobile, Others) and Geography

 

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Report

Description

Online Gambling Market size is expected to be valued at USD 59.3 billion in 2022 and growing at a CAGR of 11.9% over the forecast period 2022-28. There are few factors that act as drivers which include artificial intelligence, machine learning and proliferation of sports betting. Restrain which hung the global market are problem associated with gambling & addiction such as crime associated with (some) gambling operations (fraud, money laundering), harm for society as minors take part. Freemium model in global online gambling market provide potential opportunities. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed global online gambling market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global online gambling market.

Online Gambling Market

MARKET SUMMARY
-
11.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 11.9%
  • Largest Market– Asia Pacific
  • Fastest Growing Market–  North America

Online Gambling Market

  • The global online gambling market report gives comprehensive outlook on online gambling market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global online gambling market gives historical, current, and future market sizes on the basis of game type, Device Type and region.
Key Players
  • GVC Holdings PLC
  • Paddy Power Betfair PLC
  • Ladbrokes Coral Group PLC
  • Sky Betting and Gaming
  • William Hill PLC
  • Borgata Hotel Casino & Spa
Online Gambling Market Drivers

It is noticed that the global online gambling market has a significant market growth rate on perspective of increasing adoption of smartphones. Increased number of cost-effective mobile apps to play various online gambling games on smartphones is also adding to the development of the online gambling industry worldwide. Ease in sports betting using mobile linked devices such as smartphones, laptops and tablets has expanded the number of participants in the online gaming industry as it offers consumer protection and ensure gambling is conducted fairly and openly.


North America Got Significant Share

Online Gambling Market

North America contributed major revenue followed by Europe and Asia Pacific. In 2021, North America region accounted huge growth rate and is anticipated to grow with a forecast year. North Americas accounted for the largest share due to the presence of key market players in the region. Moreover, rise in R&D expenditure for the development advanced technologies also immense boost to the growth of market over the forecast years

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The online gambling market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Online Gambling Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The online gambling market is projected to expand at a CAGR of 11.9% during the forecast period

Betsson AB, Bet365 Group Ltd., Kindred Group PLC, GVC Holdings PLC, Paddy Power Betfair PLC, Ladbrokes Coral Group PLC, Sky Betting and Gaming

North America is the fastest-growing region for online gambling market


Report

Table Of Content

1. Executive Summary
2. Global Online Gambling Market Introduction
2.1. Global Online Gambling Market – Taxonomy
2.2. Global Online Gambling Market –Definitions
2.2.1. Product Type
2.2.2. Device Type
3. Global Online Gambling Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Online Gambling Market Dynamic Factors – Impact Analysis
3.6. Global Online Gambling Market – Competition Landscape
4. Global Online Gambling Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Online Gambling Market, By Product Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Sports Betting
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Casino
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Lottery
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Bingo
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Online Gambling Market Forecast, By Device Type, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Desktop
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Mobile
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Others
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Online Gambling Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Online Gambling Market – Opportunity Analysis Index, By Product Type, By Device Type, and Region, 2022 – 2028
8. North America Online Gambling Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Sports Betting
8.1.2. Casino
8.1.3. Lottery
8.1.4. Bingo
8.1.5. Others
8.2. Device Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Desktop
8.2.2. Mobile
8.2.3. Others
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Online Gambling Market – Opportunity Analysis Index, By Product Type, By Device Type, and Country, 2022 – 2028
8.5. North America Online Gambling Market Dynamics – Trends
9. Europe Online Gambling Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Sports Betting
9.1.2. Casino
9.1.3. Lottery
9.1.4. Bingo
9.1.5. Others
9.2. Device Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Desktop
9.2.2. Mobile
9.2.3. Others
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Online Gambling Market – Opportunity Analysis Index, By Product Type, By Device Type, and Country, 2022 – 2028
9.5. Europe Online Gambling Market Dynamics – Trends
10. Asia-Pacific Online Gambling Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Sports Betting
10.1.2. Casino
10.1.3. Lottery
10.1.4. Bingo
10.1.5. Others
10.2. Device Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Desktop
10.2.2. Mobile
10.2.3. Others
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Online Gambling Market – Opportunity Analysis Index, By Product Type, By Device Type, and Country, 2022 – 2028
10.5. Asia-Pacific Online Gambling Market Dynamics – Trends
11. Latin America Online Gambling Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Sports Betting
11.1.2. Casino
11.1.3. Lottery
11.1.4. Bingo
11.1.5. Others
11.2. Device Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Desktop
11.2.2. Mobile
11.2.3. Others
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Online Gambling Market – Opportunity Analysis Index, By Product Type, By Device Type, and Country, 2022 – 2028
11.5. Latin America Online Gambling Market Dynamics – Trends
12. Middle East and Africa Online Gambling Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Sports Betting
12.1.2. Casino
12.1.3. Lottery
12.1.4. Bingo
12.1.5. Others
12.2. Device Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Desktop
12.2.2. Mobile
12.2.3. Others
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Online Gambling Market – Opportunity Analysis Index, By Product Type, By Device Type, and Country, 2022 – 2028
12.5. MEA Online Gambling Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Device Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. 888 Holdings PLC
13.2.2. Betsson AB
13.2.3. Bet365 Group Ltd.
13.2.4. Kindred Group PLC
13.2.5. GVC Holdings PLC
13.2.6. Paddy Power Betfair PLC
13.2.7. Ladbrokes Coral Group PLC
13.2.8. Sky Betting and Gaming
13.2.9. William Hill PLC
13.2.10. Borgata Hotel Casino & Spa
13.2.11. The Stars Group, Inc.,
13.2.12. Caesars Entertainment Corporation
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • 888 Holdings PLC
  • Betsson AB
  • Bet365 Group Ltd.
  • Kindred Group PLC
  • GVC Holdings PLC
  • Paddy Power Betfair PLC
  • Ladbrokes Coral Group PLC
  • Sky Betting and Gaming
  • William Hill PLC
  • Borgata Hotel Casino & Spa
  • The Stars Group, Inc.,
  • Caesars Entertainment Corporation.

Description

Online Gambling Market size is expected to be valued at USD 59.3 billion in 2022 and growing at a CAGR of 11.9% over the forecast period 2022-28. There are few factors that act as drivers which include artificial intelligence, machine learning and proliferation of sports betting. Restrain which hung the global market are problem associated with gambling & addiction such as crime associated with (some) gambling operations (fraud, money laundering), harm for society as minors take part. Freemium model in global online gambling market provide potential opportunities. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed global online gambling market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global online gambling market.

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