Online Casino Market 2023 to Hit Statistical Significance Value by 2030
LATEST Report of Online Casino Market 2023-2030 | Segmentation by: Types, Applications, Players, Regions
Online Casino Market Insights 2023 With “The global Online Casino market was estimated at USD 24984.34 million, and it’s anticipated to reach USD 56921.42 million in 2028, with a CAGR of 14.71% during the forecast years”
TOP Dynamic players in the Online Casino Market (Betsson AB, William Hill, Kindred, Flutter Entertainment, 888 Holdings PLC, Entain PLC (GVC), NetEnt, The Stars Group) are driving the market’s growth in the ICT sector during the forecast period of 2023-2030. The Market Development Report has segmented the global Online Casino market report based on Type (Slots, Jackpots, Table Games, Others) and Application (Desktops and Laptops, Mobiles & Tablets).
Updated Report of {114 Pages}
Customer Attention:
- How will you analyse the competition analysis between top key players included in the report?
With the aim of clearly revealing the competitive state of the industry, we concretely analyse not only the leading plyers that have a voice on a global scale, but also the regional small and medium-sized players that play key roles and have plenty of potential growth. Key players in the global Online Casino market are covered in Chapter 3 and 8:
- Betsson AB
- William Hill
- Kindred
- Flutter Entertainment
- 888 Holdings PLC
- Entain PLC (GVC)
- NetEnt
- The Stars Group
Brief Picture About Online Casino Market:
Market Overview of Global Online Casino market:
According to our latest research, the global Online Casino market looks promising in the next 5 years. As of 2022, the global Online Casino market was estimated at USD 24984.34 million, and it’s anticipated to reach USD 56921.42 million in 2028, with a CAGR of 14.71% during the forecast years.
Online casinos are online versions of traditional casinos. Online casinos enable rs to play and wager on casino games through the Internet. It is a prolific form of online gambling.
Market DriversThe increasing popularity of smartphones is driving the online casino market. With every person having their mobile device, both mobile and social gaming have a huge impact on the online casino world. There has been an increase in people choosing to use their phones for gaming. Take Japan as an example, after years of lagging behind major world markets, smartphone penetration in Japan has taken off, and significantly so, from just 15 percent of the population in 2011 to more than 75 percent today, according to the Japan Communications and Information Network Association. The proliferation of handheld devices has paved the way for an explosion in mobile app development in recent years, profoundly affecting online casino industry. Besides, in recent years, electronic payment systems have swept the world. Online casinos that support a diverse range of payment systems will also benefit.
The online casino business has changed their business model to adapt to the demands and new regulations. We can notice many innovative blockchain technologies in the online casino industry which help eliminate any fraud or detectable duplication in the gambling industry by creating a reliable decentralized random number generator (dRNG) using blockchain technology. This solution can be used for any random number that needs to be true, fair, reliable and verifiable, thus increasing customer trust and commitment. Businesses will be able to verify all transactions, as well as review the dRNG algorithm for every bet, game or business activity in any online gambling industry. These impressive speeds and quantities generate highly transparent random numbers that build trust with players and therefore increase their market share. This also optimizes bureaucracy as online gambling operators do not have to deal with a large number of authorities such as government agencies and private organizations. Near-zero transaction fees and proven solutions for generating fair and impartial public random numbers based on blockchain technology will become the new standard. The application of new technologies will help in the expansion of the online casino market.
Region Overview:
Europe had the highest growth rate of all regions.
Company Overview:
The top three companies are Entain PLC (GVC), The Stars Group and Kindred with the revenue market share of 5.27%, 5.13% and 4.32% in 2020.
GVC Holdings has changed name to Entain PLC in 2020. Entain plc is one of the world’s largest sports betting and gaming groups operating in the online and retail sector. They offer sports betting, casino, poker and bingo online and operate some of the industry’s most iconic brands including Ladbrokes, Coral, BetMGM, bwin, Sportingbet, Eurobet, partypoker, partycasino, Gala and Fo Bingo.
The Stars Group is a provider of technology-based product offerings in the global gaming and interactive entertainment industries. Its brands have millions of registered customers globally and collectively are leaders in online and mobile betting, poker, casino and other gaming-related offerings.
Segmentation Overview:
By type, Slots segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Desktops and Laptops segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Online Casino market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region. (Ask for Sample of Report)
- Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Online Casino market?As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and in Chapters 1.7, 2.7, 4.1, 7.5, 8.7, we elaborate at full length on the impact of the pandemic and the war on the Online Casino Industry.
- What are the major applications and type of Online Casino Market?
On the basis of product type this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:
- Slots
- Jackpots
- Table Games
- Others
On the basis of the end users/applications this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:
- Desktops and Laptops
- Mobiles & Tablets
You will get detailed information regarding types and applications in Chapter 4,5 and 6
- What is a major information sources?Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.Please find a more complete list of data sources in Chapters 11
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This Online Casino Market Research/Analysis Report give Answers to following Questions:
- How Porter’s Five Forces model helps you to study Online Casino Market?
- What Was Global Market Status of Online Casino Market? What Was Capacity, Production Value, Cost and PROFIT of Online Casino Market?
- What is the major industry objective of the report? What are the critical discoveries of the report?
- What are the TOP 10 KEY PLAYERS of Online Casino Market?
Detailed Table Of Content of Global Online Casino Market Insights and Forecast to 2030
1 Market Overview
1.1 Product Overview and Scope of Online Casino
1.2 Classification of Online Casino by Type
1.2.1 Overview: Global Online Casino Market Size by Type: 2017 Versus 2022 Versus 2030
1.2.2 Global Online Casino Revenue Market Share by Type in 2022
1.3 Global Online Casino Market by Application
1.4 Global Online Casino Market Size and Forecast
1.5 Global Online Casino Market Size and Forecast by Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Online Casino Market Drivers
1.6.2 Online Casino Market Restraints
1.6.3 Online Casino Trends Analysis
2 Company Profiles
2.1 Company
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Online Casino Product and Solutions
2.1.4 Company Online Casino Revenue, Gross Margin and Market Share (2019, 2020, 2022 and 2023)
2.1.5 Company Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Online Casino Revenue and Share by Players (2019,2020,2022, and 2023)
3.2 Market Concentration Rate
3.2.1 Top3 Online Casino Players Market Share in 2022
3.2.2 Top 10 Online Casino Players Market Share in 2022
3.2.3 Market Competition Trend
3.3 Online Casino Players Head Office, Products and Services Provided
3.4 Online Casino Mergers and Acquisitions
3.5 Online Casino New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Online Casino Revenue and Market Share by Type (2017-2023)
4.2 Global Online Casino Market Forecast by Type (2023-2030)
5 Market Size Segment by Application
5.1 Global Online Casino Revenue Market Share by Application (2017-2023)
5.2 Global Online Casino Market Forecast by Application (2023-2030)
6 Regions by Country, by Type, and by Application
6.1 Online Casino Revenue by Type (2017-2030)
6.2 Online Casino Revenue by Application (2017-2030)
6.3 Online Casino Market Size by Country
6.3.1 Online Casino Revenue by Country (2017-2030)
6.3.2 United States Online Casino Market Size and Forecast (2017-2030)
6.3.3 Canada Online Casino Market Size and Forecast (2017-2030)
6.3.4 Mexico Online Casino Market Size and Forecast (2017-2030)
7 Research Findings and Conclusion
8 Appendix
8.1 Methodology
8.2 Research Process and Data Source
8.3 Disclaimer
9 Research Methodology
10 Conclusion
Continued….
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