Quick Summary:
The dynamic and expanding global online gambling and betting market continues to emerge as a promising market locus, estimated to reach US$140.6 Billion by 2030. Cognizance of the profound potentiality of this industry has become increasingly crucial for businesses to stay competitive and aligned with shifting consumer preferences. Our comprehensive report delivers a sophisticated, in-depth analysis of the sector's ever-evolving landscape, allowing your strategic decision-making to be supplemented with accurate, data-driven insights.
This report is more than a solitary market analysis; it provides detailed segmentation, highlighting the growth prospects for key areas like Casino and Poker. Furthermore, it holds a critical geopolitical analysis, articulating market trends and opportunities in significant economies such as the U.S., China, Japan, and Canada, facilitating informed global expansion strategies. Lastly, it provides an aerial view of your market competitors and gives exclusive access to pertinent research assets. Gain the advantage of refined insights and shape your business strategies with confidence for future endeavors.
Global Online Gambling and Betting Market to Reach $140.6 Billion by 2030
The global market for Online Gambling and Betting estimated at US$66.8 Billion in the year 2022, is projected to reach a revised size of US$140.6 Billion by 2030, growing at a CAGR of 9.7% over the analysis period 2022-2030. Poker, one of the segments analyzed in the report, is projected to record 11.3% CAGR and reach US$62.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Casino segment is readjusted to a revised 7.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $20.4 Billion, While China is Forecast to Grow at 8.9% CAGR
The Online Gambling and Betting market in the U.S. is estimated at US$20.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$23.5 Billion by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 7.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.Select Competitors (Total 216 Featured) -
- Holdings PLC
- Bet365 Group
- Fortuna Entertainment Group N.V.
- GVC Holdings PLC (Isle of Man)
- Kindred Group Plc
- mybet Holding SE
- Paddy Power Betfair
- Playtech PLC
- Rank Group Plc
- The Betway Group
- The Hong Kong Jockey Club
- The Stars Group
- William Hill PLC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Online Gambling and Betting?
What is the growth rate of the Global Market for Online Gambling and Betting?
What is the forecasted size of the Global Market for Online Gambling and Betting?
Who are the key companies in the Global Market for Online Gambling and Betting?
| Report Attribute | Details |
|---|---|
| No. of Pages | 331 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 66.8 Billion |
| Forecasted Market Value ( USD | $ 140.6 Billion |
| Compound Annual Growth Rate | 9.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Holdings PLC
- Bet365 Group
- Fortuna Entertainment Group N.V.
- GVC Holdings PLC (Isle of Man)
- Kindred Group Plc
- mybet Holding SE
- Paddy Power Betfair
- Playtech PLC
- Rank Group Plc
- The Betway Group
- The Hong Kong Jockey Club
- The Stars Group
- William Hill PLC
