The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market. The report titled Global Online Gambling Market with Focus on the Sports Betting (2019-2023 Edition) provides an in-depth analysis of the global online gambling market with detailed analysis of However, while the levels of activity of the British gamblers continue rising, many other countries are expected to join the global gambling market too. Gambling Market Value to Rise by 263%. The value of online gambling (including online and mobile casino, bingo and betting sites) in 2017 was £35,5bn. According to Coherent Market Insights, by 2026, the number will jump to $123,5bn. That’s roughly £93,6bn (based on the exchange rates at the time of writing). Online Gambling & Betting Market 2020-2026 . New Study Reports “Online Gambling & Betting Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on Global online gambling and the betting market was valued US$ 47.2 Bn in 2017 and is expected to reach US$ 107.2 Bn by 2026, at a CAGR of 9.54% during a forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and The global online gambling market reached a value of US$ 66.7 Billion in 2020. Online gambling, or virtual gambling, refers to betting on casino or sports-based activities over the internet. In comparison to in-person gambling, online gambling does not involve physical interaction of players and all the sessions are moderated by computer programs. Online Gambling Market is anticipated to reach USD XX.X MN by 2026, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. The global market size, share along with drivers and restraints are covered in the online gambling market report – The global online gambling industry grew by 12.8% in 2017 to reach a value of $47,036.6 million. – Sports betting is the largest segment of the global online gambling industry, accounting for 48% of the industry's total value. The global online gambling market is segmented on the basis of type, application, and geography. The global Online Gambling market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028. Online Gambling Market Scope: 18.1. Global Gambling Market, 2018, By Region, Value ($ Billion) 18.2. Global Gambling Market, 2014 - 2022, Historic And Forecast, By Region; 18.3. Global Gambling Market, Growth And Market Share Comparison, By Region; 19. Global Gambling Market Segmentation; 19.1. Global Gambling Market, Segmentation By Type, 2014 - 2022, Value ($ Billion) 19.1.1.
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