Global Mobile Betting Market by Type (Sports Betting, Online Lottery Games, Poker Betting, Casino Games, Bingo, Others), By Application (18-29 Years Old, 30-39 Years Old, 40-49 Years Old, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global mobile betting market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing penetration of smartphones and other mobile devices, rising demand for online gambling and gaming services, and growing awareness about the benefits of mobile betting. By type, the global mobile betting market is segmented into sports betting, online lottery games, poker betting, casino games, bingo, and others. Among these segments, sports betting is expected to account for the largest share of the global mobile betting market in 2018. This can be attributed to the increasing popularity of sports events among bettors as well as rising demand for live streaming services that allow users to place bets on real-time sporting events. By application type, the global mobile betting market is segmented into 18-29 years old group; 30-39 years old group; 40-49 years old group; 50+ year olds group; and others (including students).



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Product Definition:

Mobile betting is a type of gambling that can be done through a mobile device, such as a phone or tablet. This type of gambling usually involves betting on sports or playing casino games. Mobile betting is important because it allows people to gamble from anywhere at any time.

Sports Betting:

Sports betting is a popular trend in the mobile gaming industry. It has been observed that sports betting activity is increasing among young people across the globe. The main factor responsible for this growth includes easy access to these games on smartphones and tablets coupled with availability of free online sports betting applications which can be downloaded from app stores. Moreover, several companies are entering into partnerships with various bookmakers to provide enhanced services to their users, which also contributes towards the growth of sports betting in mobile gaming market globally.

Online Lottery Games:

Online Lottery Games (OLG) are played on web pages or computers and the winning numbers are selected from a pool of all possible combinations. The drawings take place every day and at different times; some games have more draws than others. Players can play the same number combination repeatedly to increase their chances of winning, but they only have one chance per drawing to enter the correct answer.

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Application Insights:

Based on application, the global mobile betting market has been segmented into 18-29 years old, 30-39 years old, and above 40 years old. The younger age group dominated the industry in 2017 owing to increasing usage of smartphones and social media platforms. Moreover, easy access to internet through smart phones has boosted the adoption of online gaming portals among young adults resulting in increased revenue generation for operators.

The older age group is expected to show significant growth over the forecast period due to a rise in interest for casino games such as poker and slots on account of availability of online casinos operating via mobile app installed on users¢â‚¬â„¢ cellphones or computers.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing disposable income, rising popularity of online betting, and government initiatives in developing countries such as India and China. For instance, in September 2017, China legalized online sports betting and casino games under specific conditions. This will create a huge opportunity for global operators to enter this market with an aim to capture significant share through new product development or acquisitions.

North America accounted for more than 25% of the overall revenue share in 2017 owing to high adoption rate of modern technology coupled with large number of casinos operating across U.S., Canada, and Mexico offering various types mobile gambling apps including sportsbook & live betTINGer; bingo; casino games; poker etc.). Furthermore North American markets are highly regulated which has forced many international companies either stop operations or operate at minimal capacity within these regions thereby hampering growth prospects for mobile betting platforms/games providers within these regions (except Nevada).

Growth Factors:

Increasing demand for mobile devices and apps that offer betting services
Proliferation of smartphones and tablets, especially in developing countries
Availability of affordable mobile data plans and Wi-Fi hotspots
Increased marketing by gambling operators to attract new customers
Introduction of new technologies, such as virtual reality, that can be used for betting


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Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Betting Market Research Report
By Type
Sports Betting, Online Lottery Games, Poker Betting, Casino Games, Bingo, Others
By Application
18-29 Years Old, 30-39 Years Old, 40-49 Years Old, Others
By Companies
Bet365, Kindred Group, GVC Holdings, Flutter Entertainment, William Hill, Pinnacle, The Stars Group, Betvictor, Betsson AB, Gamesys, 888 Holdings, Bet-at-home.com, Intertops, Betway, Betfred, Interwetten, SBOBET, Sportech, EGB, BetOnline
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.

Global Mobile Betting Market Report Segments:
The global Mobile Betting market is segmented on the basis of:
Types
Sports Betting, Online Lottery Games, Poker Betting, Casino Games, Bingo, Others
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
18-29 Years Old, 30-39 Years Old, 40-49 Years Old, 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:
Bet365
Kindred Group
GVC Holdings
Flutter Entertainment
William Hill
Pinnacle
The Stars Group
Betvictor
Betsson AB
Gamesys
888 Holdings
Bet-at-home.com
Intertops
Betway
Betfred
Interwetten
SBOBET
Sportech
EGB
BetOnline



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Highlights of The Mobile Betting 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:
Sports Betting
Online Lottery Games
Poker Betting
Casino Games
Bingo
Others
By Application:
18-29 Years Old
30-39 Years Old
40-49 Years Old
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 Mobile Betting 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

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