Mobile Gambling Market to See 43% CAGR to 2019 in Terms of Total Annual Wagers
Jun 22, 2015, 02:20 ET
DALLAS, June 22, 2015 /PRNewswire/ --
Global Mobile Gambling Market 2015-2019 research report says by GGY, worldwide mobile gambling is expected to grow at a CAGR of 18.36% during the forecast period in addition to the 43% CAGR in terms of total annual wagers.
Complete report on mobile gambling market spread across 65 pages, talking about 4 major companies and supported with 24 exhibits is now available at http://www.rnrmarketresearch.com/global-mobile-gambling-market-2015-2019-market-report.html .
The mobile gambling market is loosely segmented into betting, gaming and lottery. The betting segment, which includes all betting on outdoor sports, as well as machine betting, accounted for a 46.37% share of the market in 2014. The global mobile gambling market is highly competitive because of rapid advances in technology, and frequent changes in consumer preferences. With increasing competition, the market is witnessing consolidation. In addition, the influx of private companies in the market is also on the rise.
In the UK, 68% of the women participated in gambling activities in 2012 and this segment tends to prefer online gambling over traditional gambling. There has also been an increase in the number of gambling app downloads. Social gambling is expected to be a significant market driver in the future. This mobile gambling market research analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different categories, including betting, gaming, and lottery. Additionally, analysts have segmented market projections by key geography, including EMEA, the Americas, and the APAC region. The report considers the revenue generated through gambling activities on mobile devices, in terms of gross gaming yield per year and the total amount of wagers raised by players annually.
Companies discussed in this mobile gambling market report include Betfair group, Ladbrokes, Unibet group and William hill. Other players mentioned in this research include Amaya Gaming, Bwin.party Digital Entertainment, Camelot Group, Gala Coral Group, Genting UK, Paddy Power, Playtech, Rank Group and Sportech. Order a copy of global mobile gambling market 2015-2019 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=393163 .
Global mobile gambling market growth drivers like relaxation of government regulations and availability of alternatives to cash are discussed in this 2015 research report. Trends of shift in consumer gambling habits and technological improvements along with market challenges like uncertainties over government regulations as well as high risk for vendors are covered. Gambling is a major source of revenue in several areas. Because of this, countries that are more liberal towards gambling are easing regulations related to lotteries to make them more accessible.
The shift in mobile gambling regulations has also opened opportunities for players to participate in online gambling activities from anywhere in the world. But despite a more relaxed outlook in certain countries, gambling in still a highly regulated industry. Although the market has growth potential, adhering to all these regulations is difficult. Obtaining and renewing gambling licenses is a daunting task for vendors. Additionally, most countries do not have well-defined regulatory frameworks for mobile gambling, which makes its future unpredictable, despite such strong growth prospects.
For reports by Technavio / Infiniti Research Limited, RnRMarketResearch.com is running a special offer wherein 3 reports can be purchased at the cost of 2 (lowest priced report will be free) or if the reports are of same price, pay for 2 and get the third report free. If you order 4 or more reports in a single order, you get 50% flat discount on the total pricing. To avail this offer, send an email to [email protected] with your market research reports requirements or call us on +1 888 391 5441 to avail this offer.
On a related note, RnRMarketResearch.com also offers another research report titled Global Lottery Market 2015-2019 that forecasts a 8.85% CAGR for the lottery market to 2019. To calculate the market size, this research considers the revenue generated from the sales of tickets and games. Lottery is banned in all countries in the Middle East, except Israel. Therefore, to calculate the revenue of EMEA, this report considers revenue from Israel and countries in Europe and Africa. Companies either discussed or mentioned in this research report include Camelot, China Welfare Lottery, Française des Jeux, GTECH, Hong Kong Jockey Club, INTRALOT, Scientific Games, Amaya Gaming, American Games, Carmanah Signs, China LotSynergy, Gidani, Jumbo Interactive, Lotto NZ, LottoYard, Magnum, MDJS, NeoGames, NOVOMATIC, Singapore Pools and Sports TOTO Malaysia. Complete report titled Global Lottery Market 2015-2019 spread across 83 pages is available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=381266 .
Regionally, a third research titled Gambling Market in the UK 2014-2018 calculates the UK gambling market size by taking into account revenue generated from segments named Betting, Casino, Bingo, Lotteries and Arcades. The report considers the revenue generated by land-based gambling premises (non-remote) for Betting, Casino, Bingo and Arcades segments. However, both remote and non-remote revenue streams are considered for the Lotteries segment. Gambling premises include betting shops (betting on sports activities such as horse racing, football, and others), casinos, bingo clubs, and arcades. The betting is also done on machines which are categorised B1, B2, B3, B4, C, and D gaming machines. Gambling has become a major commercial gaming activity with countries setting up casinos and other gambling premises to lure foreign visitors. Also, gambling contributes significant revenue to the GDP of a country and helps the economy grow. Analysts forecast the gambling market in the UK to grow at a CAGR of 2.67% to 2018. Companies like William Hill plc, Ladbrokes plc, Gala Coral Group Ltd, Betfred Group Ltd, Camelot Group plc, Genting UK plc, Paddy Power plc, Rank Group plc and Sportech plc are mentioned in this research on UK gambling market available at http://www.rnrmarketresearch.com/gambling-market-in-the-uk-2014-2018-market-report.html .
Interested in more than one of the above listed reports related to gambling and lottery? RnRMarketResearch.com is running a special offer on reports by Technavio / Infiniti Research Limited, wherein 3 reports can be purchased at the cost of 2 (lowest priced report will be free) or if the reports are of same price, pay for 2 and get the third report free. If you order 4 or more reports in a single order, you get 50% flat discount on the total pricing. To avail this offer, send an email to [email protected] with your market research reports requirements or call us on +1 888 391 5441 to avail this offer.
Explore more reports on the gambling market by this and other publishers at http://www.rnrmarketresearch.com/reports/consumer-goods/travel-leisure/gambling .
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