The Global Gambling Software Market report, published by Emergen Research, is estimated to garner a robust valuation of USD 141.91 Billion in 2028 from USD 54.84 Billion in 2020, delivering a steady CAGR of 38.5% over the next eight years, i.e., the forecast duration (2020-2028). The latest report offers a profound analysis of the present market scenario, its key product types, end-user landscape, application outlook, leading regions, competitive terrain, and the leading companies’ detailed profiles. Rapid growth in number of Internet and smartphone users globally coupled with ubiquity of Internet has raised significant amount of interest in online gambling among betters. With online betting becoming more refined and systematic, there is an increasing demand for online betting platforms, which is expected to propel growth of the market. The slow and steady legalization of online gambling in various countries is driving increasing popularity of online mobile casinos and prompting players to shift preference from land-based casinos to online gambling and betting.
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Key Market Competitors Profiled in the Report:
- Cryptologic Inc.
- Microgaming
- International Game Technology PLC
- Softswiss
- GammaStack
- Sporttrade Inc.
- RealTime Gaming Asia Pte.Ltd.
- PointsBed Holdings Ltd.
- Playetch Plc
- edict egaming GmBH.
Major Geographies Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Emergen Research has segmented the global gambling software market on the basis of delivery mode, platform, type, and region:
Delivery Mode Outlook (Revenue, USD Billion; 2018–2028)
- Cloud-Based
- Web-Based
Platform Outlook (Revenue, USD Billion; 2018–2028)
- Desktop
- Mobile
- Smartphone
- Tablet
Type Outlook (Revenue, USD Billion; 2018–2028)
- Sports Betting
- Casino
- Lottery
- Bingo
- Others
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Target Audience of the Report:
- Leading Companies
- Large, medium-sized, and small enterprises
- Investors
- Value-Added Resellers (VARs)
- Venture capitalists
- Third-party knowledge providers
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The global Gambling Software market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation.
Key Objectives of the Global Gambling Software Market Report:
- The Gambling Softwares can potentially perform most of the driving functions in all circumstances, these vehicles are being designed to be used as robo-taxis, among others, like Waymo.
- Cloud-based segment is expected to account for largest revenue share over the forecast period due to rising shift towards virtualization, growing popularity of cloud gaming and increasing adoption of online casino cloud solutions to increase consumer engagement and improved user experience.
- Mobile segment revenue is expected to expand at a robust CAGR over the forecast period due to rising popularity of mobile gaming, availability of mobile optimized slot games, and growth in number of smartphone users globally.
- Sports betting segment is expected to account for largest revenue share over the forecast period owing to rising popularity of international sporting events, increasing number of advertising and promotional events conducted by sports betting firms to promote online sports betting, and rising adoption of sports betting software.
- Europe is expected to account largest revenue share over the forecast period due to high popularity of sports betting and online casinos, growth in number of gambling sites, easy access to online gambling, and favourable regulations pertaining to online betting.
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