Market Overview:
The global online bingo games market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for online bingo games across different regions. In terms of type, the poker segment is expected to hold the largest share in the global online bingo games market during the forecast period. This can be attributed to its growing popularity among players globally. In terms of application, entertainment is expected to hold a major share in the global online bingo games market during 2018-2030 owing to its growing popularity among players as a form of leisure activity.
Product Definition:
Online bingo games are a type of electronic game in which players mark off numbers on cards as they are drawn from a central pool, similar to the classic game of bingo. Online versions of the game often allow players to chat with one another while they play.
Poker:
Poker is a card game where two players compete against each other with the help of five cards. The object of the game is to win as much money as possible. It's an exciting and fast-paced game that can be played by adults and kids alike. The biggest advantage of playing bingo online is that it’s fun for everyone, even if you don’t know how to play poker or are a complete beginner.
Casino:
Casino is a game of chance played with the help of cards, chips, or tokens. The object of the game is to win money by predicting the outcome of a random event. Bingo games are played in several locations around the world and have become popular due to their simple rules and ease of playability.
The online version has taken off in recent years due to technological advancements such as high-speed internet access.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing adoption of bingo games by various organizations, institutions and businesses as a promotional activity or to raise funds. Prominent examples include lottery offices, local governments, schools, colleges and universities across countries such as Australia, New Zealand and U.K., where lotteries are illegal but bingo is legal under certain guidelines set by respective government agencies or state Lotteries & Gaming Corporations (LGCs). These organizations have been running regular promotions wherein players can win cash prizes if they correctly guess numbers on Bingo cards drawn from large pools of players worldwide participating simultaneously in online games at the same time.
Regional Analysis:
North America dominated the market in 2017. The growth of online bingo games can be attributed to several factors such as the presence of a large number of players, availability of various payment options, and rise in participation at commercial places. Furthermore, technological advancements for gaming platforms and integration with mobile devices are also driving regional growth.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising disposable income among consumers coupled with increasing penetration of internet services in this region. Moreover, growing popularity for online gambling activities is anticipated to drive regional demand further. Additionally, government regulations regarding online casinos may hinder industry expansion but will not affect overall market development since most operators have already shifted their focus towards other regions or business models (i.e., betting exchange). Bingo operators that have been operating legally within China include: China Gambling Group (CGG),888 Holdings Limited; Melco Crown Entertainment Ltd.
Growth Factors:
- Increasing demand for online bingo games from the global population, especially in developing countries owing to increasing disposable income and technological advancements.
- Proliferation of smartphones and other mobile devices that offer easy access to online bingo games, thereby driving the market growth.
- Introduction of new technologies such as virtual reality (VR) that are being used for providing an enhanced gaming experience to players, which is expected to fuel the market growth over the forecast period.
- Growing popularity of social media platforms that help players connect with each other and share their experiences, thereby promoting online bingo games among a larger audience base.
Scope Of The Report
Report Attributes
Report Details
Report Title
Online Bingo Games Market Research Report
By Type
Poker, Casino, Sports Betting, Other
By Application
Entertainment, Commercial, Other
By Companies
NetEnt, GVC, , Ladbrokes Coral Group, Fortuna Entertainment, Playtech, William Hill, Kindred, Amaya, Paddy Power Betfair
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Online Bingo Games Market Report Segments:
The global Online Bingo Games market is segmented on the basis of:
Types
Poker, Casino, Sports Betting, Other
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
Entertainment, Commercial, Other
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:
- NetEnt
- GVC
- Ladbrokes Coral Group
- Fortuna Entertainment
- Playtech
- William Hill
- Kindred
- Amaya
- Paddy Power Betfair
Highlights of The Online Bingo Games 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:
- Poker
- Casino
- Sports Betting
- Other
- By Application:
- Entertainment
- Commercial
- Other
- 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 Online Bingo Games 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?
Online Bingo Games are games that you can play from the comfort of your own home. All you need is an internet connection and a computer.
Some of the key players operating in the online bingo games market are NetEnt, GVC, , Ladbrokes Coral Group, Fortuna Entertainment, Playtech, William Hill, Kindred, Amaya, Paddy Power Betfair.
The online bingo games 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 Online Bingo Games 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 Online Bingo Games Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Online Bingo Games 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 Online Bingo Games 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 Online Bingo Games Market Size & Forecast, 2020-2028
4.5.1 Online Bingo Games Market Size and Y-o-Y Growth
4.5.2 Online Bingo Games Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Poker
5.2.2 Casino
5.2.3 Sports Betting
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Entertainment
6.2.2 Commercial
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Online Bingo Games 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 Online Bingo Games 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Poker
9.6.2 Casino
9.6.3 Sports Betting
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Entertainment
9.10.2 Commercial
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Poker
10.6.2 Casino
10.6.3 Sports Betting
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Entertainment
10.10.2 Commercial
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Poker
11.6.2 Casino
11.6.3 Sports Betting
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Entertainment
11.10.2 Commercial
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Poker
12.6.2 Casino
12.6.3 Sports Betting
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Entertainment
12.10.2 Commercial
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Poker
13.6.2 Casino
13.6.3 Sports Betting
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Entertainment
13.10.2 Commercial
13.10.3 Other
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 Online Bingo Games Market: Competitive Dashboard
14.2 Global Online Bingo Games Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NetEnt
14.3.2 GVC
14.3.3
14.3.4 Ladbrokes Coral Group
14.3.5 Fortuna Entertainment
14.3.6 Playtech
14.3.7 William Hill
14.3.8 Kindred
14.3.9 Amaya
14.3.10 Paddy Power Betfair
