esports
US – eSports to help gambling market to grow by $260.44bn between 2023 and 2027
By Phil - 12 October 2023
The Gambling Market is projected to experience significant growth, accelerating at a CAGR of 7.1 per cent and an estimated increase of $260.44bn.
The market’s expansion is driven by the increasing betting on e-sports. However, factors such as security and credibility issues associated with online gambling may impede market growth. This gambling market report extensively covers market segmentation by type (lottery, betting, and casino), platform (online and offline) and geography (APAC, North America, Europe, Middle East and Africa, and South America). This segmentation allows for targeted analysis of regional trends and customer needs, enabling effective strategies for companies.
The Global Online Gambling Market Size is estimated to grow at a CAGR of 11.03 per cent between 2022 and 2027. The size of the market is forecast to increase by US$150.5bn. This report extensively covers market segmentation by device (desktop and mobile), product (lottery, betting, and casino), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
The virtual reality (VR) gambling market share is expected to increase by US$1.74bn from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 53.13 per cent. This report extensively covers VR gambling market segmentation by type (casino, betting, and lottery) and geography (North America, Europe, APAC, MEA, and South America).
The casino market share is expected to increase by US$38.23bn from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 3.97 per cent. This casino market research report extensively covers casino market segmentation by type (poker, blackjack, craps, lottery, and others) and geography (North America, APAC, Europe, South America, and Middle East and Africa).
The lottery market in Mexico is estimated to grow at a CAGR of 9.3 per cent between 2022 and 2027. The size of the market is forecasted to increase by US$3,537.24m. This report extensively covers market segmentation by platform (offline and online) and type (draw-based lotteries, sports lotteries, instant lotteries, and others).
The subscription based gaming market size is estimated to grow at a CAGR of 8.17 per cent between 2022 and 2027. The market size is forecast to increase by US$4,409.54m. This subscription based gaming market report extensively covers market segmentation by device (smartphones, console, and PC), type (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
