Market Overview:
The global lottery software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for online and mobile lottery games, rising adoption of cloud-based solutions, and growing number of gaming enthusiasts. In terms of type, the on-premise segment is expected to hold a larger share of the global lottery software market during the forecast period. However, the cloud-based segment is projected to grow at a higher CAGR owing to its advantages such as scalability, flexibility, and low cost.
Product Definition:
Lottery software is computer software used to calculate the odds of winning a lottery, as well as generating tickets. It can also be used to monitor and analyze ticket sales and other data related to lotteries.
On-Premise:
On-premise is a term used for referring to the practice of running software applications and services remotely on the user's own computer systems. The data or application can be modified directly by the person having control over the system. This method provides full control over all system resources, such as hardware, software, and data allowing users to develop their own customized solutions without depending upon third-party servers for storing information.
Cloud Based:
Cloud based software is a collection of data and applications that are hosted on the internet. The data can be accessed from any location in the world through internet connection. Cloud based software provides various benefits to organizations such as easy access to data, real time statistics, reduced cost of operation etc., which is expected to drive the cloud based lottery software market over the forecast period.
Application Insights:
The others application segment accounted for the largest revenue share in 2017. This is attributed to the growing adoption of lotteries by non-profit organizations, political parties, and other similar organizations for fund raising purposes. The personal use application segment is expected to witness a significant growth rate over the forecast period owing to increasing demand from players for playing games such as Powerball and Mega Millions.
The enterprise application segment is projected to expand at a CAGR exceeding 11% over the forecast period due to various factors such as growing investments by companies & government agencies in developing countries like India & China, which are considered potential markets for these software solutions. Furthermore, large IT companies are focusing on providing customized software applications that can meet specific business requirements resulting in higher chances of success and increased sales of lottery management systems & related services across enterprises globally.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly attributed to the U.S., which is one of the most lucrative markets for lottery software globally. Lottery players in this country are increasingly shifting towards mobile and online lotteries, thereby driving demand for such solutions over the forecast period. Europe also contributed significantly to market growth owing to growing popularity of scratchcards and card games among youth population, especially students from countries including Italy, Spain, Germany and Russia among others.
Growth Factors:
- Increasing demand for online lottery ticket purchasing and gaming
- Rising number of internet users globally
- Proliferation of smartphones and other mobile devices
- Development of new technologies and platforms for lottery software 5. Growing popularity of social media
Scope Of The Report
Report Attributes
Report Details
Report Title
Lottery Software Market Research Report
By Type
On-Premise, Cloud Based
By Application
Personal Use, Enterprise, Others
By Companies
Lotto Pro, Lottonetix, Smart Luck, Kootac, Lottocore, IGT, Lottotech, Dusane Infotech, LottoNetix, Magayo Lotto, Scientific Games, Zeal Network
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Lottery Software Market Report Segments:
The global Lottery Software market is segmented on the basis of:
Types
On-Premise, Cloud Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Use, Enterprise, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lotto Pro
- Lottonetix
- Smart Luck
- Kootac
- Lottocore
- IGT
- Lottotech
- Dusane Infotech
- LottoNetix
- Magayo Lotto
- Scientific Games
- Zeal Network
Highlights of The Lottery Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premise
- Cloud Based
- By Application:
- Personal Use
- Enterprise
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lottery Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lottery software is a computer application used to generate random numbers.
Some of the key players operating in the lottery software market are Lotto Pro, Lottonetix, Smart Luck, Kootac, Lottocore, IGT, Lottotech, Dusane Infotech, LottoNetix, Magayo Lotto, Scientific Games, Zeal Network.
The lottery software market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lottery Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lottery Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lottery Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lottery Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lottery Software Market Size & Forecast, 2018-2028
4.5.1 Lottery Software Market Size and Y-o-Y Growth
4.5.2 Lottery Software Market Absolute $ Opportunity
Chapter 5 Global Lottery Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lottery Software Market Size Forecast by Type
5.2.1 On-Premise
5.2.2 Cloud Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lottery Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lottery Software Market Size Forecast by Applications
6.2.1 Personal Use
6.2.2 Enterprise
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lottery Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lottery Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lottery Software Analysis and Forecast
9.1 Introduction
9.2 North America Lottery Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lottery Software Market Size Forecast by Type
9.6.1 On-Premise
9.6.2 Cloud Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lottery Software Market Size Forecast by Applications
9.10.1 Personal Use
9.10.2 Enterprise
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lottery Software Analysis and Forecast
10.1 Introduction
10.2 Europe Lottery Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lottery Software Market Size Forecast by Type
10.6.1 On-Premise
10.6.2 Cloud Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lottery Software Market Size Forecast by Applications
10.10.1 Personal Use
10.10.2 Enterprise
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lottery Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lottery Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lottery Software Market Size Forecast by Type
11.6.1 On-Premise
11.6.2 Cloud Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lottery Software Market Size Forecast by Applications
11.10.1 Personal Use
11.10.2 Enterprise
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lottery Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Lottery Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lottery Software Market Size Forecast by Type
12.6.1 On-Premise
12.6.2 Cloud Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lottery Software Market Size Forecast by Applications
12.10.1 Personal Use
12.10.2 Enterprise
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lottery Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lottery Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lottery Software Market Size Forecast by Type
13.6.1 On-Premise
13.6.2 Cloud Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lottery Software Market Size Forecast by Applications
13.10.1 Personal Use
13.10.2 Enterprise
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lottery Software Market: Competitive Dashboard
14.2 Global Lottery Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lotto Pro
14.3.2 Lottonetix
14.3.3 Smart Luck
14.3.4 Kootac
14.3.5 Lottocore
14.3.6 IGT
14.3.7 Lottotech
14.3.8 Dusane Infotech
14.3.9 LottoNetix
14.3.10 Magayo Lotto
14.3.11 Scientific Games
14.3.12 Zeal Network
