Business Research Company Global Online Gambling Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, United Kingdom, Aug. 26, 2022 /EINPresswire.com/ — According to The Business Research Company’s “Online Gambling Global Market Report 2022”, the online gambling market is expected to grow from 73.42 billion in 2021 to $81.08 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The market growth is mainly driven by businesses resuming operations and adapting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing , remote working and the closure of business activities that have resulted in operational challenges. The online gambling market is expected to reach $115.13 billion in 2026 with a CAGR of 9.2%. Growing adoption of smartphones with better internet accessibility is driving online development. gambling market.
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Main trends in the online gambling market
Technologies such as Blockchain, IoT and VR are changing everything in all areas, including online gaming. Virtual reality and VR headsets have grown in popularity in recent years and are a revolutionary addition to the world of online gambling. With virtual reality, you can actually enter a virtual casino and play all the games without having to move. However, fraud and cheating mainly concerned online gambling users. Many online casinos and online gambling sites have been accused of not being transparent and hiding their inner workings and methods of their transactions. These concerns can be resolved using blockchain technology. Thanks to blockchain technology, everyone will be able to see exactly what is going on behind the scenes.
Overview of the online gambling market
The online gambling market includes revenue generated from remote gambling activities over the Internet using desktop and mobile devices. The market includes gambling establishments developing online sports betting, casino games, bingo, lottery and poker, among others.
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TBRC’s Global Online Gambling Market Report 2022 covers the following information:
Market Size Data
• Forecast period: historical and future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
• By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, USA.
• By game type: betting, casino, lottery, poker, online bingo, other
• By device: desktop, mobile, other
• By component: software, services
• By geography: The global online gambling market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest market share.
Major market players such as 888 Holdings PLC, Bet365 Group Ltd., Betsson AB, William Hill PLC, GVC Holdings PLC, Kindred Group PLC, Sky Betting & Gaming, Stars Group Inc., Ladbrokes Coral Group PLC and Paddy Power Betfair PLC.
Trends, opportunities, strategies and much more.
The Global Online Gambling Market Report 2022 is one of the comprehensive reports by The Business Research Company that provides an overview of the Online Gambling Market. The market report gives an analysis of the global online gambling market, the size of the global online gambling market, the growth drivers of the online gambling industry, the segments of the global online gambling market, the main Global Online Gambling Market players, Global Online Gambling Market growth across all geographies and Global Online Gambling Market competitors. turnover and market positioning. The Online Gambling Market report allows you to gain insight into opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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The Business Research Company has published over 3,000 industry reports covering over 3,000 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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