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Global Online Gambling Market 2018-2022 | Casino Segment Dominates the Global Market | Technavio

September 7, 2018

LONDON--(BUSINESS WIRE)--Sep 7, 2018--According to the latest market research report released by Technavio, the global online gambling market is expected to accelerate at a CAGR of almost 11% during the forecast period. The growing demand for mobile gambling is one of the key factors triggering the growth of the market.

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Technavio has published a new market research report on the global online gambling market from 2018-2022. (Graphic: Business Wire)

This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global online gambling market into the following types:

Lottery Betting Casino

In 2017, the casino segment accounted for 45% of the global market and is projected to decline to 42% by 2022, exhibiting almost 3% decrease in market share.

Global online gambling market: Top emerging trend

The introduction of bitcoin gambling is an emerging trend in the online gambling space. Bitcoin is a type of cryptocurrency that allows peer-to-peer payments on the Internet. With the growing popularity of bitcoins, many vendors are adopting gambling with the use of bitcoins as a currency. This is due to the advantages offered by cryptocurrency over normal currency. Cryptocurrency can be used for cross-border transactions. The fee involved with normal currency is usually higher than cryptocurrency. Furthermore, bitcoin transactions are secure and much faster than the normal currency. Vendors like Bitcasino.io, Slots.lv, Ignition, and Bovada offer bitcoin gambling.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Online Gambling Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by type (lottery, betting, and casino) Market segmentation by device (mobile and desktop)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (888 Holdings, Bet-At-Home.Com, Gvc Holdings Plc, Paddy Power Betfair, William Hill)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180907005504/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: ENTERTAINMENT CASINO/GAMING PROFESSIONAL SERVICES FINANCE MOBILE ENTERTAINMENT ONLINE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/07/2018 04:59 PM/DISC: 09/07/2018 04:59 PM

http://www.businesswire.com/news/home/20180907005504/en

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