Global online gambling market: statistics and trends

Author: Live Casino Direct
 
Global online gambling market: statistics and trends
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The global online gambling market was estimated to be worth more than €50.85 billion in 2018.

The market overview of the global online gambling market shows that it is on the rise. Playtech, Microgaming and NetEnt are leading the market. Online entertainment websites in Latin America, Canada and Switzerland encourage you to bet on everything. Online casino and poker are some of trendiest games.

Major brands are putting significant resources into stimulating growth in the sector. Certain categories of entertainment are preferred by users in Canada, Switzerland, the USA and elsewhere.

In 2018, the online gambling market amounted to 847 million euros. The increase is mainly due to the increase in the number of players. Online poker is also successful throughout Switzerland, Canada, United States, South America.

48% of the gaming industry's gains are attributable to mobile gaming. Google Play Store has seen an increase of more than 70% in the number of people subscribing to games. Mobile gaming segment could reach $77.2 billion in 2020. Revenues from online console games are also expected to grow, but to a lesser extent. PC games revenues are expected only to increase by 6.8% year-on-year to $45. 2 billion.

According to SuperData’s report, the video game sector recorded a global turnover of 120 billion dollars in 2019. France reached 5 billion euros with a 15% increase. USA made 14.8 million dollars. According to SELL, 74% of the population play video games occasionally.

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The global gambling industry is in top form and is expected to reach new heights in 2020. According to the previous year’s report, a 4.8% increase is predicted for the total amount of more than $159 billion.

The gaming industry saw its revenues increase by 9.5% between 2018 and 2019. The industry is expected to grow by 4.8% in 2020. By 2022, the global online gambling market will be worth approximately $196 billion.