Global Online Gambling Market Size to Grow at a CAGR of 11.40% to Reach a Value of 122.84 Billion by 2028

The ‘Global Online Gambling Market Trends, Share, Price, Size, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global online gambling market, assessing the market based on its segments such as type, device, and major regions.

Online Gambling Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): USD 64.27 Billion
• Forecast CAGR (2023-2028): 11.40%
• Forecast Market Size (2028): USD 122.84 Billion

The online gambling market is flourishing rapidly owing to technological advancements and wide network penetration. The wide availability of smartphones and other devices has enabled the end-user to gamble conveniently and comfortably in their own home.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/online-gambling-market/requestsample

The massive number of fans of a sport is a major factor that is aiding the expansion of the market. People are willing to pay large amounts of money and bet on their favourite teams and players. This scenario is supported by the great level of accessibility achieved through utilising advanced technologies and secure payment modes.

Among the regions, Europe is expected to hold a significant share of the market due to the presence of a strong and large sports fan base across the region. The development of the market in this region is also significantly enhanced by the presence of major market layers including

Online Gambling Industry Definition and Major Segments

The term online gambling includes casinos, poker, and sports betting that are conducted over the internet. These services are enabled by web-based platforms and its is very similar to playing in casinos. These platforms have experienced huge development during recent years owing to their easy accessibility.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/online-gambling-market

The segments of the market, based on type, include:

• Sports Betting
• Casinos
• Poker
• Bingo
• Others

Based on the device, the market divisions include the following:

• Desktop
• Mobile
• Others

Based on region, the market for online gambling market can be segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Online Gambling Market Trends

The companies are focused on providing enhanced user experience and to do so market players are heavily investing in the implementation of artificial intelligence in their gambling platforms.

In the mobile sector, artificial intelligence (AI) is a major contributor to new features and capabilities. In order to give customers a better experience, application and website developers are implementing AI.

Additionally, AI can assist in identifying potential addiction issues and bad trends in user behaviour. A lot of developers are incorporating AI to provide proactive approaches to treating gambling addiction.

The desktop sector currently holds the highest market share due to the enormous screen size of monitors available for the players, when compared to other devices. The advanced monitors offer greater visuals alongside better sound quality. In the upcoming years, this is anticipated to further contribute to the development of the online gambling market.

Key Market Players

The major players in the online gambling market report include

• bet365
• Flutter Entertainment plc
• 888 Holdings Plc
• Kindred Group plc
• Entain plc
• WHG (International) Limited
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyzes the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Read More Reports:

Nickel-Metal Hydride Battery Market: https://whatech.com/og/markets-research/energy/740148-global-nickel-metal-hydride-battery-market-growth-share-price-trends-size-analysis-key-players-outlook-report-forecast-2023-2028

Non-Steroidal Anti-Inflammatory Drugs (NSAIDs) Market: https://whatech.com/og/markets-research/medical/740151-global-non-steroidal-anti-inflammatory-drugs-nsaids-market-growth-share-price-trends-size-analysis-key-players-outlook-report-forecast-2023-2028

Normal Saline for Parenteral Use Market: https://whatech.com/og/markets-research/medical/740159-global-normal-saline-for-parenteral-use-market-growth-share-price-trends-size-analysis-key-players-outlook-report-forecast-2023-2028

Global Retail Clinics Market: https://www.expertmarketresearch.com/reports/retail-clinics-market

Global Power Tools Market: https://www.expertmarketresearch.com/reports/power-tools-market

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Alex Parker, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Related Posts

why should you choose a floating rate home loan

Understanding the Benefits of Floating Interest Rates

Borrowers planning to avail of a home loan are advised to choose two things carefully — loan tenor and the home loan rate of interest as both…

60110719 0 image a 65 1657493334168

What a New Vaper Can Learn from a Disposable Vape?

If you are thinking of quitting smoking through disposable Vape, then there are some factors that you must undertake. You must first understand what type of disposable…

gold g835425fe1 1280

Four factors affecting gold loan interest rates

The fact that gold can be pledged to pay for unexpected cash needs, such as medical bills, vacations, children’s education, business expansion, and even putting a down…

cashback softwere

What is the advantage of a cashback reward program?

Web based shopping has become exceptionally huge business over late years, thus far 2010 has ended up being an extended period of additional development cashback reward. In…

money g5cf11a6ce 1280

How To Avail Tax Benefits on Joint Home Loan

A home loan is a long-term financial obligation that requires extensive financial planning due to the risk of losing your property if you are not cautious with…

Photovoltaic Materials Market

Photovoltaic Materials Market Size, Share, Price, Trends, Growth, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Photovoltaic Materials Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global…

Leave a Reply

Your email address will not be published. Required fields are marked *