Global Market for Online Lottery
Dublin, June 09, 2023 (GLOBE NEWSWIRE) -- The "Online Lottery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Online Lottery Market to Reach $29.9 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Online Lottery estimated at US$15.2 Billion in the year 2022, is projected to reach a revised size of US$29.9 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030. Online Draw-based Lottery Games, one of the segments analyzed in the report, is projected to record a 8.3% CAGR and reach US$15.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Online Sports Lotteries segment is readjusted to a revised 10% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.3 Billion, While Asia-Pacific is Forecast to Grow at 9.8% CAGR
The Online Lottery market in the U.S. is estimated at US$2.3 Billion in the year 2022. Asia-Pacific is forecast to reach a projected market size of US$12.9 Billion by the year 2030 trailing a CAGR of 9.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Europe and Canada, each forecast to grow at 8.2% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.2% CAGR.
Select Competitors (Total 138 Featured)-
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888 Holdings PLC
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Churchill Downs, Inc.
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Bet365 Group
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Camelot Group
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24Lottos (Maxton Ltd. )
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AB Svenska Spel
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1xbet (Exinvest Limited)
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500. com Ltd.
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Berjaya Corp Bhd
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California State Lottery
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China Sports Lottery (Lottery. hk)
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Annexio Limited
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Arizona Lottery
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Compania Nationala Loteria Romana
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Colorado Lottery
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 383 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $15.2 Billion |
| Forecasted Market Value (USD) by 2030 | $29.9 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
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Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
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World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
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COVID-19 Impact on Global Lottery Industry
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Effect of the Pandemic Lockdown on Online Lottery Market
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Massachusetts Lottery Faces Risk of Becoming Obsolete Amid COVID-19 Pandemic
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Competitive Scenario
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Online Lottery - Global Key Competitors Percentage Market Share in 2022 (E)
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Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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Overview of the Global Market for Online Lottery
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Global Market Prospects & Outlook: Online Lottery Market Gets Lucky & Looks Forward to Incredible Growth
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World Online Lottery Market by Segment (2020 & 2027): Percentage Breakdown of Revenues for Online Draw-Based Lottery Games, Online Sports Lotteries, Online Instant Lottery Games, and Other Types
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Global Online Lottery Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
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Online Lottery: Gut Punch for Some & Perfect Heaven for Revenue Support for Others
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Rising Significance of Online Lottery in the US
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Drivers Helping Online Lottery Market Step Up to Solid Game
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Key Concerns and Challenges
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Adverse Public Opinion about Gambling: A Major Issue Affecting Lottery Industry Prospects
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Analysis by Platform Type
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World Online Lottery Market by Platform Type (2020 & 2027): Percentage Breakdown of Revenues for Desktop-based, and Mobile
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Regional Analysis: Europe Enjoys Frontline Position in Global Online Lottery Market
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World Online Lottery Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
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Global Online Lottery Market: Geographic Regions Ranked by CAGR (Value) for 2020-2027: Asia-Pacific, Latin America, Rest of World, Europe, USA and Canada
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Online Lottery Gains Ground in the US amid the Pandemic
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Sales of Michigan iLottery Products Surge in Michigan
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Probable Ban on Online Lottery in Florida
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The Indian Lottery Market: A Perspective
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Gambling Industry: A Prelude
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Global Number of Gamblers (In Million) for the Years 2005, 2010, 2015, 2020, and 2025
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Online Gambling Market in EU by Type of Gambling Activity: 2021E
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Lottery: A Key Segment of Gambling Industry
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The Basics of Online Lotteries
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Types of Online Lottery Games
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Advantages and Disadvantages of Online Lottery
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Selecting an Online Lottery Site: Factors to Consider
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Online Lottery Business: Good Prospect for Investors
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An Insight into Custom Built and Online Lottery Software
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Recent Market Activity
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Select Global Brands