Global Online Gambling Market (2020-2025) by Games, Device, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Online Gambling Market is estimated to be USD 57.11 Bn in 2020 and is expected to reach USD 97.69 Bn by 2025, growing at a CAGR of 11.31%.











Market Dynamics

Key factors such as an increase in the number of internet users followed by increasing access to data and online gambling platforms are driving the online gambling market. Besides, the growth in the number of online casinos is further accelerating the demand for the online gambling market. Further, the Increasing investment in software and technology and the use of cryptocurrencies in online gambling as payment methods are providing growth opportunities to the market.
However, factors such as rising cybercrimes and transaction fees associated with these platforms are likely to restrain the market growth. Moreover, legal & regulatory issues and lack of personal interaction are some key challenges in the market.

Market Segmentation

The Global Online Gambling Market is segmented further based on Games, Device, and Geography.

By Games, the market is classified as poker, casino, sports betting, bingo, lottery, and others. Amongst all, the sports segment is estimated to hold the highest market share.

By Device, the market is classified as desktop, mobile, and others. Amongst all, the desktop segment is estimated to hold the highest market share.

By Geography, Europe is projected to lead the market.

Recent Developments

1. LeoVegas is acquiring Expekt Nordics Ltd. from Betclic Group for around EUR 5Mn. The acquisition is aimed towards enhancing the company’s brand portfolio in sports betting. - 15th March 2021
2. The Star Group has launched their BetStars online sports betting brand in the regulated New Jersey, in partnership with Resort Casino Hotel. 13th September 2020

Company Profiles

Some of the companies covered in this report are Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc., Paddy Power Betfair plc, GVC Holdings plc, Fortuna Entertainment Group, The Stars Group, The Betway Group, William Hill plc, Kindred Group, Rank Group, Hong Kong Jockey Club, and Betsson AB, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Online Gambling Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also contains the competitive analysis using the Competitive Quadrant, the analyst's proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market