The global online gambling market size was estimated at USD 53.7 billion in 2019 and is expected to reach USD 59.6 billion in 2020. Due mostly to this, we adjusted our 2019 global games market estimate to $145.7 billion. While there is a short-term uplift this year due to the lockdown measurements, the next-gen consoles and associated content are essential to kickstart a new phase growth in that segment. The global online gaming market is anticipated to grow with a considerable CAGR of 11.9% during the forecast period (2020-2026). The increasing options to play from starting from simple games such The gaming market is growing with the increasing per capita income, growing interest, and the rising number of dual-income households, which augments the transformation of the global market. With the increasing usage of smartphones and consoles and cloud penetration, the market shows high potential growth in the future. Online Gambling Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) Global Online Gambling Market is segmented by Gaming Type into Betting, Bingo, Lottery, and Casino, by Device Type as Desktop and Mobile, and by Geography. According to IMARC Group, the global gaming market is projected to reach a value of US$ 204.6 Billion by 2025, expanding at a CAGR of 9.5% during 2020-2025. The report has segmented the global gaming market on the basis of device type (consoles, mobiles and tablets, and computers), platform (online and offline), revenue type (game purchase, advertising and others), genre, age group and region. Gaming Market Size And Forecast. Gaming Market was valued at USD 150.57 Billion in 2018 and is projected to reach USD 407.42 Billion by 2026, growing at a CAGR of 13.27 % from 2019 to 2026. Changing demographics of gamers, high installation & upgrading cost of hardware & software, and increasing prevalence of high-speed Internet connections are driving the global gaming market. Global Gaming Market is expected to reach US$ XX Bn by 2026, at a CAGR of XX % during a forecast period. The gaming industry has grown massively because of the growth in gaming audiences across the globe. The progression of investment in the gaming sector is indicating the exponential growth, massive revenue, robust user engagement and widespread geographic reach of mobile gaming. “Global Online Gaming Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global online gaming market report has been segmented on the basis of game type, age group, gaming platform/device type, and region. The global online gambling market is anticipated to be valued at more than 92.9 billion U.S. dollars in 2023. The current size of the market is almost 59 billion U.S. dollars, meaning the size is...
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