Global Mobile Gambling Market - Growth Analysis and Forecast | Technavio

LONDON--()--The global mobile gambling market is expected to grow at a CAGR of close to 19% from 2017-2021, according to a new market research report by Technavio.

Global mobile gambling market segmentation by type and end-user

Technavio’s report on the global mobile gambling market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by type, including betting, casino, poker, and lottery. As projected in 2016, around 54% of the market share originated from betting.

Based on end-user, the global mobile gambling market has been segmented into gambling enthusiasts, social exuberant, and dabblers. As of 2016, around 73% of the market share came from gambling enthusiasts.

“Gambling enthusiasts are extremely enthusiastic and passionate about gaming. They have a positive attitude towards gaming and have knowledge about the games they play. These consumers seek the entertainment value of the game over ROI for their investments. Consumers in this segment are often economically sound and tend to have a lavish lifestyle. Playing mobile gambling games can be a stress buster for them. These consumers have individualistic and liberal gaming views,” says Ujjwal Doshi, a lead analyst at Technavio for gaming research.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Global mobile gambling market: competitive vendor landscape

The global mobile gambling market is dominated by few vendors. The rise in the number of gambling premises across the world has resulted in the high penetration of gambling, which is one of the key factors driving the market growth. 888 Holdings, Bet-at-home.com, Bwin.Party, and Ladbrokes dominate the global mobile gambling market. The market is highly competitive and is witnessing rapid technological advances and changing consumer preferences. With the increase in competition, the market is witnessing consolidation. The influx of private labels in the market is also on the rise.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Other topics covered in the report:

Market drivers:

  • Increased interest among the younger population
  • Legalization of online gambling in many countries

Market challenges:

  • Mobile gambling invoking addictive behavior among low-income population
  • Securing online payments can be challenging

Market trends:

  • Vendors accepting cash alternative
  • Changing marketing strategies

Get a sample copy of the global mobile gambling market report free of cost

Access Technavio’s continuously growing gaming research library and find expert analysis on hundreds of markets.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global mobile gambling market is expected to grow at a CAGR of close to 19% by 2021, according to a new market research report by Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com