Lottery Market in Mexico 2017-2021 - Product Image

Lottery Market in Mexico 2017-2021

  • ID: 4115373
  • Report
  • Region: Mexico
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • INTRALOT
  • Mexico National Lottery
  • SORTEO GAMES
  • MORE
About Lottery

The government of Mexico allows lotteries to promote fundraising for charitable organizations. As lotteries are governed by local, state, and national laws, the regulations vary between regions. The government regulations that support lotteries are one of the key drivers of the market growth. Some countries consider lottery illegal and have stringent government regulations related to lotteries. Mexico is one of the premium promoters of lotteries because it is one of the major sources of revenue for the country.

The analysts forecast the lottery market in Mexico to grow at a CAGR of 9.97% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the lottery market in Mexico for 2017-2021. To calculate the market size, the report considers the revenue generated from lottery sales in Mexico.

The report, Lottery Market in Mexico 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Mexico National Lottery
- INTRALOT
- Predictions for Public Assistance
- SORTEO GAMES

Market drivers
- Increased taxes from painless revenue.
- For a full, detailed list, view the full report

Market challenges
- Addictive behavior among low-income groups.
- For a full, detailed list, view the full report

Market trends
- Increasing promotion of lottery through social media.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • INTRALOT
  • Mexico National Lottery
  • SORTEO GAMES
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis

PART 06: Market segmentation by type
Lottery market in Mexico by type
Lottery market in Mexico by draw-based lotteries
Lottery market in Mexico by sports lotteries
Lottery market in Mexico by instant lotteries
Lottery market in Mexico by others

PART 07: Market segmentation by revenue distribution
Lottery market in Mexico by revenue distribution
Lottery market in Mexico by prize money
Lottery market in Mexico by welfare funds
Lottery market in Mexico by administration

PART 08: Market segmentation by platform
Lottery market in Mexico by platform
Lottery market in Mexico by offline platform
Lottery market in Mexico by online platform

PART 09: Decision framework

PART 10: Drivers and challenges
Market drivers
Impact of drivers on key customer segments
Market challenges
Impact of challenges on key customer segments

PART 11: Market trends

PART 12: Vendor landscape
Competitive scenario
Key vendor analysis

PART 13: Appendix
List of abbreviation

Exhibit 01: Lottery market in Mexico: Overview
Exhibit 02: Lottery market in Mexico 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Lottery market in Mexico by type 2016 and 2021 (% share)
Exhibit 05: Lottery market in Mexico by draw-based lotteries 2016-2021 ($ millions)
Exhibit 06: Lottery market in Mexico by sports lotteries 2016-2021 ($ millions)
Exhibit 07: Lottery market in Mexico by instant lotteries 2016-2021 ($ millions)
Exhibit 08: Lottery market in Mexico by others 2016-2021 ($ millions)
Exhibit 09: Lottery market in Mexico by revenue distribution 2016 and 2021 (% share)
Exhibit 10: Lottery market in Mexico by prize money 2016-2021 ($ millions)
Exhibit 11: Lottery market in Mexico by welfare funds 2016-2021 ($ millions)
Exhibit 12: Lottery market in Mexico by administration 2016-2021 ($ millions)
Exhibit 13: Lottery market in Mexico by platform 2016 and 2021 (% share)
Exhibit 14: Lottery market in Mexico by offline platform 2016-2021 ($ millions)
Exhibit 15: Lottery market in Mexico by online platform 2016-2021 ($ millions)
Exhibit 16: Impact of drivers
Exhibit 17: Impact of challenges
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FEATURED COMPANIES

  • INTRALOT
  • Mexico National Lottery
  • SORTEO GAMES
  • MORE
New Report Released: – Lottery Market in Mexico 2017-2021

The author of the report recognizes the following companies as the key players in the lottery market in Mexico: Mexico National Lottery, INTRALOT, Predictions for Public Assistance, and SORTEO GAMES.

Commenting on the report, an analyst from the research team said: “One trend in market is growing popularity of mobile lottery. The growing penetration of electronic devices such as smartphones and tablets has increased the global reach of the lottery market. The easy access to the Internet through electronics while commuting is a factor that is encouraging users to look for various sources of entertainment. With advances in technology, traditional lotteries are gradually being replaced by digitized versions that are obtained through mobile apps. The interaction between vendors and users is slowly becoming multidimensional, giving users multiple options while purchasing lotteries and playing the game. Mobile devices also help to increase the offline sales of tickets. They allow users to compare ticket prices and locate nearby stores for the purchase of tickets in physical form. With the growing popularity of mobile wallets, users can pay for lottery tickets using their mobile devices.”

According to the report, one driver in market is high potential ROI. The lottery market consists of several types of games and tickets that are offered at different prices. In the lottery market, rewards are given in the form of physical goods and monetary benefits. The rewards differ depending on the price and scheme of the lottery. In countries like Mexico, there is no limit on the maximum jackpot amount that can be won, which is not the case in China. The maximum jackpot amount is $4 million in China. Customers invest in lottery tickets in the hope that they will win huge jackpots. Though the chances of winning a lottery are low, winners get high ROI. This is a major factor that encourages a large number of individuals to participate in these games.

Further, the report states that one challenge in market is high odds against winning. The lottery market gives its customers a false hope of changing their lives. In reality, the chances of winning a lottery are extremely low. The odds of winning can be as low as one in 30 million, but often this fact is neglected by individuals because of the high prize money offered. The monetary benefits offered make it a lucrative market for illegal vendors. The high risks due to low stakes hinder the growth of lottery in various customer segments.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Mexico National Lottery
  • INTRALOT
  • Predictions for Public Assistance
  • SORTEO GAMES
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