Kenneth Research, in its repository of market research reports, has recently added a report on Online Casino Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The Online Casino Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Online Casino Market products.
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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017. Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2030.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Online Casino Market By Type of Game (Slots, Table Games, Card Games, Poker, Others), By Device (Desktops and Laptops, Mobile and Tablets), By Region (North America, Europe, Asia Pacific and Rest of the world) and By Country (U.S., Canada , United Kingdom, Italy, India, China).
According to Azoth Analytics research report “ Global Online Casino Market – By Game Type (Poker, Slots, Table Games, Card Games, Others), By Device (Desktops and Laptops, Mobiles & Tablets) – Opportunities and Forecast (2018 Edition): Forecast to 2023” global market is projected to display a robust growth represented by a CAGR of 8.02 % during 2018 – 2023.
The market of online casino witnessed growth at a noteworthy rate over the past few years and in the forecast period on the heels of rising internet population and smartphone penetration along with rising disposable incomes. Amongst the regions, Europe accounts for the largest regional share in the global online casino market in 2017. Key factors driving the robust growth rate of European region include supporting policy and regulations coupled with high number of online gamers.
The report titled, “Global Online Casino Market – By Game Type (Poker, Slots, Table Games, Card Games, Others), By Device (Desktops and Laptops, Mobiles & Tablets) – Opportunities and Forecast (2018 Edition): Forecast to 2023” has covered and analysed the potential of Global Online Casino Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global online casino. Additionally, the report also highlights market entry dynamics for various companies across the globe.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Scope of the Report
Global Market, By Value (Actual Period: 2013-2017, Forecast Period: 2018-2023)
Online Casino Market – Sizing, Growth and Forecast
Segment Analysis – Slot Games, Poker, Table Games, Card Games, Others
By Device Analysis – Laptops and Desktops, Mobiles and Tablets
Regional Markets – North America, Europe, APAC and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
Online Casino Market – Sizing, Growth and Forecast
Segment Analysis – Slot Games, Poker, Table Games, Card Games, Others
By Device Analysis – Laptops and Desktops, Mobiles and Tablets
Country Analysis – U.S., Canada, Germany, United Kingdom, India, Japan China, Brazil, Saudi Arabia
Online Casino Market – Sizing, Growth and Forecast
Segment Analysis – Slot Games, Poker, Table Games, Card Games, Others
By Device Analysis – Laptops and Desktops, Mobiles and Tablets
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• Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• Porter Five Force Analysis
• Policy and Regulatory Landscape
• Company Analysis – Bettson AB, 888 Holdings PLC, The Stars Group, GVC Holdings PLC, NetEnt, PaddyPower Betfair, Kindred, William Hill
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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