NEW YORK, June 5, 2021 /PRNewswire/ -- Set to grow by USD 194.14 billion during 2021-2025, Technavio's latest market research report estimates the lottery market to register a CAGR of about 9%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Camelot UK Lotteries Ltd., China LotSynergy Holdings Ltd., Florida Lottery, International Game Technology plc, INTRALOT SA, Lotto NZ, New York State Gaming Commission, Scientific Games Corp., The California State Lottery, and The Hong Kong Jockey Club are some of the major market participants. The increasing penetration of online lottery will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Lottery Market 2021-2025: Segmentation Lottery Market is segmented as below:
Lottery Market 2021-2025: Vendor Analysis and Scope To help businesses improve their market position, the lottery market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Camelot UK Lotteries Ltd., China LotSynergy Holdings Ltd., Florida Lottery, International Game Technology plc, INTRALOT SA, Lotto NZ, New York State Gaming Commission, Scientific Games Corp., The California State Lottery, and The Hong Kong Jockey Club.
The report also covers the following areas:
Lottery Market size
Lottery Market trends
Lottery Market industry analysis
The growing popularity of lottery due to low-cost adoption and easy availability is likely to emerge as one of the primary trends in the market. However, stringent regulations on lottery in various regions may threaten the growth of the market.
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Lottery Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist lottery market growth during the next five years
Estimation of the lottery market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the lottery market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of lottery market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Type
Comparison by Type
Terminal-based games - Market size and forecast 2020-2025
Scratch-off games - Market size and forecast 2020-2025
Sports lotteries - Market size and forecast 2020-2025
Market opportunity by Type
Market Segmentation by Platform
Comparison by Platform
Offline - Market size and forecast 2020-2025
Online - Market size and forecast 2020-2025
Market opportunity by Platform
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
Camelot UK Lotteries Ltd.
China LotSynergy Holdings Ltd.
International Game Technology plc
New York State Gaming Commission
Scientific Games Corp.
The California State Lottery
The Hong Kong Jockey Club
Scope of the report
Currency conversion rates for US$
List of abbreviations
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