Mobile Gambling Market Research Report - Global Forecast to 2023

Mobile Gambling Market Research Report - Global Forecast to 2023

ID: MRFR/ICT/3706-HCRR | November, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Mobile Gambling Market Research Report: by type (betting, casino, poker, lottery, online bingo), end-users (gambling enthusiasts, social exuberant, dabblers) – Global  Forecast to 2023


Market Synopsis:
Gambling has become more pervasive than ever before. Online gambling refers to betting of money online on an event with an uncertain outcome. It is similar to gambling but it is played on sports or casino over the internet. Online gambling is not limited to playing cards. It is a whole length of gambling over the internet, which includes an online casino, online sports betting, or online bingo. The development of infrastructure, increasing foreign investments, and the relaxation of government regulations and policies are some of the factors contributing to the growth of this market segment.


The increasing take-up and use of mobile devices are transforming most industries. Currently, almost one-third of betting and gaming consumers are using their smartphone. As betting and gambling have become a culturally more accepted leisure activity, the mobile channel has provided the industry with opportunities to widen their customer base. Consumers who traditionally might not have gone to betting shop or bingo hall can now bet and play in the way that fits their lifestyle.


A major trend in the market is the acceptance of cash alternatives, such as virtual money or cryptocurrency by vendors. For instance, the mobile gambling market in Nevada, the U.S., allows players to use virtual money. This has reduced the risks related to cash transactions. Payment options through online cash transactions and virtual money enable the distribution of prize money in the form of redeemable coupons, which can be worth more than cash. These coupons can be used to play other games as well. This also provides vendors information regarding customers’ spending history, which helps them customize their marketing plans and games accordingly.


Blockchain-based online gambling platform LetBet is releasing its own digital currency named LBT to disrupt the status of traditional online gambling systems – delays, unfair payout systems and the innate trust on a potentially corrupt third party. Hence, it will revolutionize the online gambling industry and aims to bring the industry to a new future in the next few months. The mobile gambling industry is also filled with lots of perceptions and views from both the players and those who are closely observing the industry. These concerns include illegal tax avoidance, player discernment, security, unreliability, myriad regulations and so on


A major factor hindering the growth of this market is mobile gambling invoking addictive behavior among low-income population. Mobile gambling is not legalized in many countries because it raises addictive behavior among players. Gamblers become prone to impulse control disorder, which can be either because they want to recover losses or greedy to win more. Such players are willing to gamble more regularly for higher stakes. Governments of countries are trying to control the reach of mobile gambling among the low-income population that may not be able to afford the losses.

Global Mobile Gambling Market:
mobile gambling market


The global mobile gambling market is estimated to grow at 7%CAGR through the forecast period



Segmentation:
The global mobile gambling market is segmented on the basis of type, end-users, and region. On the basis of the type, the segment is further classified into betting, casino, poker, lottery, online bingo, and others. On the basis of the end-users, the segment is further classified into gambling enthusiasts, social exuberant, dabblers.



Regional Analysis:
Europe dominates the global mobile gambling market. Operators are continuing to invest in product development, which will help to better their position to compete against possible new entrants that are attracted by the growth potential in the British mobile betting and gaming market. They could be new operators that either on their own or with partners, develop mobile propositions that are very attractive to customers. The Asia Pacific is likely to experience the fastest growth in the global market during the forecast period owing to the increased spending capability of the population in the region.


Some of the key players in the market are Betsson AB (Sweden), Kindred Group Plc (Malta), Net Entertainment (Sweden), Paddy Power Betfair Plc.(Ireland), 888 Holdings PLC (U.K), Ladbrokes Betting & Gaming Ltd. (U.K), Bet-at-home.com (U.K), Bwin.Party Digital Entertainment (Austria), Betfair Group plc.(U.K), Kindred Group (U.K), William Hill Plc (U.K) among others.



Intended Audience:



  • Application Developers

  • Payment gateways

  • Testing

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Mobile Gambling Market

5 Industry Overview of Global Mobile Gambling Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Mobile Gambling Market by Type

7.1 Introduction

7.2 Betting

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Casino

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Poker

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7.5 Lottery

7.5.1 Market Estimates & Forecast, 2017-2023

7.5.2 Market Estimates & Forecast by Region, 2017-2023

7.6 Online Bingo

7.6.1 Market Estimates & Forecast, 2017-2023

7.6.2 Market Estimates & Forecast by Region, 2017-2023

7.7 Others

7.7.1 Market Estimates & Forecast, 2017-2023

7.7.2 Market Estimates & Forecast by Region, 2017-2023

8. Global Mobile Gambling Market by End-Users

8.1 Introduction

8.2 Gambling enthusiasts

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 social exuberant

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

8.4 Dabblers

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Region, 2017-2023

9. Global Mobile Gambling Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2017-2023

9.2.2 Market Estimates & Forecast by Type, 2017-2023

9.2.3 Market Estimates & Forecast by End-Users, 2017-2023

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2017-2023

9.2.4.2 Market Estimates & Forecast by Type, 2017-2023

9.2.4.3 Market Estimates & Forecast by End-Users, 2017-2023

9.2.5 Mexico

9.2.5.1 Market Estimates & Forecast, 2017-2023

9.2.5.2 Market Estimates & Forecast by Type, 2017-2023

9.2.5.3 Market Estimates & Forecast by End-Users, 2017-2023

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2017-2023

9.2.6.2 Market Estimates & Forecast by Type, 2017-2023

9.2.6.3 Market Estimates & Forecast by End-Users, 2017-2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2017-2023

9.3.2 Market Estimates & Forecast by Type, 2017-2023

9.3.3 Market Estimates & Forecast by End-Users, 2017-2023

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2017-2023

9.3.4.2 Market Estimates & Forecast by Type, 2017-2023

9.3.4.3 Market Estimates & Forecast by End-Users, 2017-2023

9.3.5. France

9.3.7.1 Market Estimates & Forecast, 2017-2023

9.3.7.2 Market Estimates & Forecast by Type, 2017-2023

9.3.7.3 Market Estimates & Forecast by End-Users, 2017-2023

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2017-2023

9.3.6.2 Market Estimates & Forecast by Type, 2017-2023

9.3.6.3 Market Estimates & Forecast by End-Users, 2017-2023

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2017-2023

9.3.7.2 Market Estimates & Forecast by Type, 2017-2023

9.3.7.3 Market Estimates & Forecast by End-Users 2017-2023

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2017-2023

9.3.8.2 Market Estimates & Forecast by Type, 2017-2023

9.3.8.3 Market Estimates & Forecast by End-Users, 2017-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2017-2023

9.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.3 Market Estimates & Forecast by End-Users, 2017-2023

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2017-2023

9.4.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.4.3 Market Estimates & Forecast by End-Users, 2017-2023

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2017-2023

9.4.5.2 Market Estimates & Forecast by Type, 2017-2023

9.4.5.3 Market Estimates & Forecast by End-Users, 2017-2023

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2017-2023

9.4.6.2 Market Estimates & Forecast by Type, 2017-2023

9.4.6.3 Market Estimates & Forecast by End-Users, 2017-2023

9.4.7 Rest of Asia Pacific

9.4.7.1 Market Estimates & Forecast, 2017-2023

9.4.7.2 Market Estimates & Forecast by Type, 2017-2023

9.4.7.3 Market Estimates & Forecast by End-Users, 2017-2023

9.5 Rest of the world

9.5.1 Market Estimates & Forecast, 2017-2023

9.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.3 Market Estimates & Forecast by End-Users, 2017-2023

9.5.4 The Middle East & Africa

9.5.4.1 Market Estimates & Forecast, 2017-2023

9.5.4.2 Market Estimates & Forecast by Type, 2017-2023

9.5.4.3 Market Estimates & Forecast by End-Users, 2017-2023

9.5.5 Latin Countries

9.5.5.1 Market Estimates & Forecast, 2017-2023

9.5.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.5.3 Market Estimates & Forecast by End-Users, 2017-2023

10. Company Landscape

11. Company Profiles

11.1 Betsson AB (Sweden)

11.1.1 Company Overview

11.1.2 Technology/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 Kindred Group Plc (Malta)

11.2.1 Company Overview

11.2.2 Technology/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Net Entertainment (Sweden)

11.3.1 Company Overview

11.3.2 Technology/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Paddy Power Betfair Plc. (Ireland)

11.4.1 Company Overview

11.4.2 Technology/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 888 Holdings PLC (U.K)

11.5.1 Company Overview

11.5.2 Technology/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Ladbrokes Betting & Gaming Ltd. (U.K)

11.6.1 Company Overview

11.6.2 Technology/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Bet-at-home.com (U.K)

11.7.1 Company Overview

11.7.2 Technology/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Bwin.Party Digital Entertainment (Austria)

11.8.1 Company Overview

11.8.2 Technology/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Betfair Group plc. (U.K)

11.9.1 Company Overview

11.9.2 Technology/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Kindred Group (U.K)

11.10.1 Company Overview

11.10.2 Technology/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

12 Conclusion





LIST OF TABLES

Table 1 Global Mobile Gambling Market: By Region, 2017-2023

Table 2 North America Mobile Gambling Market: By Country, 2017-2023

Table 3 Europe Mobile Gambling Market: By Country, 2017-2023

Table 4 Asia-Pacific Mobile Gambling Market: By Country, 2017-2023

Table 5 Middle East & Africa Mobile Gambling Market: By Country, 2017-2023

Table 6 Latin America Mobile Gambling Market: By Country, 2017-2023

Table 7 Global Mobile Gambling by Type Market: By Regions, 2017-2023

Table 8 North America Mobile Gambling by Type Market: By Country, 2017-2023

Table 9 Europe Mobile Gambling by Type Market: By Country, 2017-2023

Table10 Asia-Pacific Mobile Gambling by Type Market: By Country, 2017-2023

Table11 Middle East & Africa Mobile Gambling by Type Market: By Country, 2017-2023

Table12 Latin America Mobile Gambling by Type Market: By Country, 2017-2023

Table13 Global Mobile Gambling by Technology Market: By Regions, 2017-2023

Table14 North America Mobile Gambling by Technology Market: By Country, 2017-2023

Table15 Europe Mobile Gambling by Technology Market: By Country, 2017-2023

Table16 Asia-Pacific Mobile Gambling by Technology Market: By Country, 2017-2023

Table17 Middle East & Africa Mobile Gambling by Technology Market: By Country, 2017-2023

Table18 Latin America Mobile Gambling by Technology Market: By Country, 2017-2023

Table19 North America Mobile Gambling for Form Market: By Country, 2017-2023

Table20 Europe Mobile Gambling for Form Market: By Country, 2017-2023

Table21 Asia-Pacific Mobile Gambling for Form Market: By Country, 2017-2023

Table22 Middle East & Africa Mobile Gambling for Form Market: By Country, 2017-2023

Table23 Latin America Mobile Gambling for Form Market: By Country, 2017-2023

Table24 Global Type Market: By Region, 2017-2023

Table25 North America Mobile Gambling Market, By Country

Table26 North America Mobile Gambling Market, By Type

Table27 North America Mobile Gambling Market, By End-Users

Table28 Europe: Mobile Gambling Market, By Country

Table29 Europe: Mobile Gambling Market, By Type

Table30 Europe Mobile Gambling Market, By End-Users

Table31 Asia-Pacific: Mobile Gambling Market, By Country

Table32 Asia-Pacific: Mobile Gambling Market, By Type

Table33 Asia-Pacific Mobile Gambling Market, By End-Users

Table34 Middle East & Africa: Mobile Gambling Market, By Country

Table35 Middle East & Africa Mobile Gambling Market, By Type

Table36 Middle East & Africa Mobile Gambling Market, By End-Users

Table37 Latin America: Mobile Gambling Market, By Country

Table38 Latin America Mobile Gambling Market, By Type

Table39 Latin America Mobile Gambling Market, By End-Users



LIST OF FIGURES

FIGURE 1 Global Mobile Gambling Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Mobile Gambling Market

FIGURE 4 Value Chain of Global Mobile Gambling Market

FIGURE 5 Share of Global Mobile Gambling Market in 2017, by country (in %)

FIGURE 6 Global Mobile Gambling Market, 2017-2023,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Mobile Gambling Market size by Type, 2017

FIGURE 9 Share of Global Mobile Gambling Market by Type, 2017 TO 2023

FIGURE 12 Global Mobile Gambling Market size by End-Users, 2017 TO 2023

FIGURE 13 Share of Global Mobile Gambling Market by End-Users, 2017 TO 2023