Worldwide_Gambling_Market
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<strong>Worldwide</strong> <strong>Gambling</strong> <strong>Market</strong> to grow at a CAGR of 5.7% during the period 2016–2022 to aggregate<br />
$635.00 billion by 2022<br />
Infoholic Research LLP, a global market research and consulting organization, has published a study<br />
titled “<strong>Worldwide</strong> <strong>Gambling</strong> <strong>Market</strong>: Drivers, Opportunities, Trends, and Forecasts, 2016–2022”.<br />
According to Infoholic Research, the gambling market is highly affected by the illegal online websites<br />
and religious factors of some countries. The gambling industry is expanding all around the globe due to<br />
the government efforts to increase the tax earnings and attract a number of tourists. Many countries<br />
have already legalized or considering legalizing the gambling industry due to the economic benefits it<br />
offers to the country. The gambling market is mostly observed in developed countries where<br />
compliances are present and strict regulations are followed. The market is expected to grow at a CAGR<br />
of 5.7% during the period 2016–2022 to touch an aggregate of $635.00 billion by 2022.<br />
Browse Complete Report:https://www.infoholicresearch.com/report/worldwide-gambling-marketdrivers-opportunities-trends-and-forecasts-2016-2022/<br />
“Falling industry growth rate of UK/Europe is a big concern for online gambling market. European<br />
market should stand strong to face stiff competition in terms of rising marketing costs and increasing<br />
gaming taxes. More and more technology/platform providers are expected to launch in-house gambling<br />
websites for greater revenue ROIs and are eyeing B2C acquisitions for scaling their operations too.” –<br />
Tariq Ahmed. Shaik, Research Manager at Infoholic Research<br />
Predicting the future of gambling is as perilous as predicting the future of any other industry or facet of<br />
life. With the incredible rate of technological innovation and advancement in the modern world,<br />
predicting what the gambling world will look like in 10–20 years is hard, and anything beyond that is<br />
almost entirely speculating. There are few things we expect to see in the near future. Mobile gambling<br />
will continue to become a bigger and more important part of the gambling landscape, as mobile devices<br />
become powerful enough to further replace desktop and laptop for many everyday functions.<br />
Everything will be available on the move, and that includes gambling.<br />
Request for Sample Report:https://www.infoholicresearch.com/request-a-sample-report/<br />
Global digital market that is basically divided into online and social has a very positive growth in many<br />
terms.<br />
The chart clearly indicates a surge of 6% (Y-o-Y) rise from $40.13 billion in 2015 to $48.15 in 2019 in the<br />
digital gambling market revenue, opening a good amount of opportunities for casinos to invest in online<br />
domain. It also brings relevance of software companies to plunge into making intuitive gambling<br />
applications.<br />
“<strong>Gambling</strong> market is one of its own kinds, depending on user expenditure and interest. However, illegal<br />
gambling is the biggest challenge faced by the industry, especially from the developing countries where<br />
gambling is not regularized. Also, countries such as Malaysia, Australia, and Singapore are expected to
ecome another Las Vegas and Macau within 10 years.” – PreetiWadhwani, Senior Research Analyst at<br />
Infoholic Research<br />
Engage With Analyst: https://www.infoholicresearch.com/engage-with-analyst/<br />
The report is segmented by types, products, and regions. Lest see the global gambling market share<br />
w.r.t. product category.<br />
Scope of this Report:<br />
The report covers the present scenario and growth prospects of the gambling market during the period<br />
2016–2022. Moreover, to calculate the market size, the report considers the revenue generated from the<br />
sales of<br />
<br />
<br />
<br />
<br />
<br />
Casinos<br />
Lotteries<br />
Betting<br />
Poker<br />
Others: it consists of bingo and other games<br />
The report covers the evolution of gambling, trends, drivers, restraints, and opportunities affecting the<br />
market growth over the next forecast years.<br />
The report covers the adoption and usage of gambling in different regions. The regions include North<br />
America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. The report also compares<br />
top seven players in the market with their technology capability and geographical reach.<br />
About Infoholic Research<br />
Infoholic Research is a global market research and consulting organization providing strategic and highlevel<br />
market intelligence in emerging and niche technologies. Founded in 2014, we are headquartered in<br />
India with an office in the US and with consultants working across the globe. Our market analysis<br />
powered by rigorous methodology and quality metrics provides information and forecast across all the<br />
emerging markets, technologies and business models. We aim at delivering high-quality results to our<br />
clients providing them with in-depth industry insights to identify new business opportunities and nurture<br />
their business strategies.<br />
Contacts<br />
Arjun Kumar<br />
Infoholic Research LLP<br />
+91-80-22222833, +91 8971243001<br />
arjun@infoholicresearch.com<br />
www.infoholicresearch.com
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