With 11.4% CAGR, Online Gambling Software Market Size worth USD 158.20 Billion in 2028
$6,000 Welcome Bonus
The global online gambling software market is expected to reach USD 158.20 billion by 2028. The market size stood at USD 66.72 billion in 2020. The increasing demand for smartphones, advancements in internet technology and rising spending power of users are the factors that contribute towards the market growth of digital gambling.
GVC Holdings Plc. partnered with MGM Resorts International to launch an online BetMGM Casino in Pennsylvania in December 2020. The company offers 140 types of online gambling games for android and iOS users. Online Gambling Software Market Size is worth USD 158.20 billion in 2028.
The outbreak of the coronavirus affected the global economy adversely. The restrictions on public transportation, tourism, and public gatherings, impacted the off-line gambling industry. However, it helped in the rise in demand for internet-based gambling. Australia experienced a 67% increase in online betting in April 2020. Online Gambling Software Market Size worth USD 158.20 billion in 2028.
Online Gambling Software Market Size worth USD 158.20 billion in 2028. Ease of Online Payment to Drive Online Gifting Software market growth. William Hill Plc partnered with Chippewa Indians and Grand Traverse Band of Ottawa to develop its own online and mobile casino app and sportsbook in January 2021.
North America is expected to dominate the smart helmet market share during the forecast period. Asia Pacific is set to experience prolific growth as exponential growth in urban areas and rising affordability of two-wheelers is surging the sales of these helmets in the region. Europe's smart helmets market growth is anticipated to surge in coming years as the demand for smart wearable devices steadily climbs.
The lottery segment held a market share of 15.1% in 2020. The market is divided into sports betting, casinos, poker, lottery, bingo, and others. It is fragmented into desktop, mobile and other devices. In terms of geography, the market divided by North America, Europe, South America and Asia Pacific.
Online Gambling Software Market Size worth USD 158.20 billion in 2028. Report provides analysis of various factors such as the key drivers and restraints that are likely to impact the market growth in upcoming years.
Key Players to Focus on New Application Launches to Strengthen their Market Prospects. Online Gambling Software Market Size worth USD 158.20 billion in 2028.
Online Gambling Software Market Size worth USD 158.20 billion in 2028. Key players mentioned in the report are Entain plc (GVC Holdings Plc.) (Douglas, Isle of Man), Kindred Group Pl. (Valletta, Malta), William Hill Plca. (London, U.K.)
Online Gambling Software Market Size worth USD 158.20 billion in 2028. Entain plc (GVC Holdings Plc.) (Douglas, Isle of Man), Kindred Group Pl. (Valletta, Malta), William Hill Plca. (London, U.K.) and StarsGroup .com (Ontario, Canada). Flutter Entertainment Plcs. and (Dublin, Ireland). Betsson AB (Stockholm, Sweden), Bet365 Group (Stoke-on-Trent, UK), LeoVegas AB and888 Holdings PLC ( Gibraltar).
Major Table of Contents:Introduction, By Segment, Research Methodology/Approach, Key Takeaways, Market Dynamics, Drivers, Restraints, Opportunities and Trends, Company Profiled, Financial Details, Past and Current Revenue, Geographical Share, and Recent Developments.
Global Online Gambling Software Key Players Market Share Insights and Analysis, 2020. Companies Profiled are: Key Management, Headquarters, Offerings/Business Segments, Financials, Past and Current Revenue, Geographical Share and Recent Developments.
Online gambling software market is projected to grow from USD 74.17 billion in 2021 to USD 158.20 billion by 2028.
Online Gambling Software Market in Europe stood at USD 30.92 billion in 2020. With 11.4% CAGR, the market will be worth USD 158.20 billion by 2028.
