LONDON--(BUSINESS WIRE)--According to the market research report released by Technavio, the global VR gambling market is expected to show a CAGR close to 55% during the forecast period. However, the decline in the year over year growth in the market associates this market with decelerating growth.
This research report titled ‘Global VR Gambling Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global VR gambling market into the following type:
- Casino
- Betting
- Lottery
In 2017, the casino segment accounted for 100% of the global market and is projected to decline to 94% by 2022, exhibiting an almost 6% decrease in market share.
Global VR gambling market: Top emerging trend
VR as a cure for gambling addiction is an emerging trend in the gaming space. VR is used as a method by which people with gambling addiction are subjected to a safe and secure virtual environment that is conducive to replicating the craving of their addiction. This is done without subjecting the gambling-addicts to a real-life scenario related to their addictions. VR helps therapists study the behavior of addicts when the latter is subjected to virtual gambling. The technology places individuals in an environment in which their senses are tested, helping therapists to determine the progress of individuals.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global VR Gambling Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by type (Casino, Betting, and Lottery)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (888 Holdings, GVC Holdings, Kindred Group, Paddy Power Betfair, and William Hill)
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