Global Online Gambling Market Import Export Scenario, Application, Growing Trends and Forecast …

The online gambling market will be driven by improvement in internet infrastructure, high adoption of smartphones, and easy accessibility of casino gaming platforms. The rapid transformation of mobile software applications coupled with rising internet infrastructure and superior internet connectivity has allowed users to play uninterruptedly with multiplayer options on online gambling platforms.

Cryptocurrencies and blockchain in online casinos will see demand from gambling platforms due to advantages such as ensuring the highest level of transaction security and reducing transactional cost. Online casinos are becoming popular amongst women with games such as 888Ladies, Pink Casino, and Maria Casino. As per statics, 50% of women regularly visit casinos in the U.K. and 40% in the U.S. The online existence of casinos will enable women to play remotely while doing their household work.

Also, the advancement in technologies has resulted in substantial growth in the number of users and the amount of time they spend on online games. As per the Annenberg Public Policy Center (APPC), the percentage of college students in U.S. who play online poker at least once a month is around 20%. Reportedly, global online gambling market will surpass US$160 billion by 2026 worldwide.

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With regards to type, online poker has garnered substantial popularity, majorly amongst the younger population. Online poker has gradually witnessed a rising acceptance across the UK, U.S., China, and some European countries. The segment is also estimated to witness tremendous expansion in India through the coming years.

Rummy is among the most played card games across the global gambling sector. In fact, the increasing traction and popularity of this game have resulted in the development of several online platforms, enabling players from different parts of the world to participate in the game. Furthermore, several gaming sites accept player deposits in the form of virtual currencies, credit cards, and online wallets, which is further playing a major role in segment expansion.

In terms of the device type, an increasing number of players are accessing gambling platforms through their smartphones today, which is changing the online gambling market significantly. In fact, as per the WARC (Web ARChive), as of 2019, about two billion people surfed the internet using their smartphones. Online gamblers majorly utilize smartphones to play games and win real money. Increasing promotional efforts by online gambling platforms on various social media platforms like Facebook, YouTube, and Instagram are projected to increase the overall market size.

On the regional front, the Asia Pacific online gambling market witnessed a significant upsurge in the industry recently due to the coronavirus pandemic. The strict lockdowns imposed by regional government authorities were responsible for majorly driving the adoption of online betting among APAC customers.

In fact, according to the reports of illion Australia and AiphaBeta Australia, Australia witnessed a tremendous 67% rise in online gambling back in April 2020, after the country closed every non-essential service in Australia to keep the case count low. Likewise, the closing of land-based casinos has further resulted in a significant upsurge in the players using online casinos in countries like India.

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Table Of Content:

Chapter 5. Online Gambling Market, By Type

5.1. Key trends by type

5.2. Betting

5.2.1. Market estimates and forecast, 2016 – 2026

5.2.2. Boxing and UFC

5.2.2.1. Market estimates and forecast, 2016 – 2026

5.2.3. E-sports

5.2.3.1. Market estimates and forecast, 2016 – 2026

5.2.4. Football

5.2.4.1. Market estimates and forecast, 2016 – 2026

5.2.5. Formula1

5.2.5.1. Market estimates and forecast, 2016 – 2026

5.2.6. Horse racing

5.2.6.1. Market estimates and forecast, 2016 – 2026

5.2.7. Tennis

5.2.7.1. Market estimates and forecast, 2016 – 2026

5.2.8. Others

5.2.8.1. Market estimates and forecast, 2016 – 2026

5.3. Casino

5.3.1. Market estimates and forecast, 2016 – 2026

5.3.2. Baccarat

5.3.2.1. Market estimates and forecast, 2016 – 2026

5.3.3. Blackjack

5.3.3.1. Market estimates and forecast, 2016 – 2026

5.3.4. Roulette

5.3.4.1. Market estimates and forecast, 2016 – 2026

5.3.5. Slots

5.3.5.1. Market estimates and forecast, 2016 – 2026

5.3.6. Others

5.3.6.1. Market estimates and forecast, 2016 – 2026

5.4. Poker

5.4.1. Market estimates and forecast, 2016 – 2026

5.5. Lottery

5.5.1. Market estimates and forecast, 2016 – 2026

5.6. Bingo

5.6.1. Market estimates and forecast, 2016 – 2026

5.7. Other games

5.7.1. Market estimates and forecast, 2016 – 2026

Chapter 6. Online Gambling Market, By Device Type

6.1. Key trends by device type

6.2. Desktop

6.2.1. Market estimates and forecast, 2016 – 2026

6.3. Mobile

6.3.1. Market estimates and forecast, 2016 – 2026

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