29 June 2022
United States
PRnewswire
Gaming
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New Study from StrategyR Highlights a $214.8 Billion Global Market for Mobile Gambling by 2026

(San Francisco).- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mobile Gambling - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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Edition: 9; Released: January 2022
Executive Pool: 499
Companies: 58 - Players covered include 888 Holdings PLC; Bet-at-home.com; Betfair Group PLC; Betsson AB; Bwin.Party Digital Entertainment; Kindred Group PLC; Ladbrokes Betting & Gaming Ltd; Net Entertainment; Paddy Power Betfair PLC; William Hill PLC and Others.
Coverage: All major geographies and key segments
Segments: Segment (Betting, Casino, Poker, Lottery, Other Segments)
Geographies: World; United StatesCanadaJapanChinaEurope (FranceGermanyItalyUnited KingdomSpainRussia; and Rest of Europe); Asia-Pacific (AustraliaIndiaSouth Korea; and Rest of Asia-Pacific); Latin America (ArgentinaBrazilMexico; and Rest of Latin America); Middle East (IranIsraelSaudi ArabiaUnited Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Mobile Gambling Market to Reach $214.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Mobile Gambling estimated at US$79.5 Billion, is projected to reach a revised size of US$214.8 Billion by 2026, growing at a CAGR of 17.8% over the analysis period. Betting, one of the segments analyzed in the report, is projected to record a 17.6% CAGR and reach US$141.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Casino segment is readjusted to a revised 18% CAGR for the next 7-year period.

The U.S. Market is Estimated at $25.2 Billion in 2021, While China is Forecast to Reach $48.5 Billion by 2026
The Mobile Gambling market in the U.S. is estimated at US$25.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$48.5 Billion by the year 2026 trailing a CAGR of 22.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.8% and 15.7% respectively over the analysis period. Within EuropeGermany is forecast to grow at approximately 14% CAGR.

Poker Segment to Reach US$30.4 Billion by the year 2026
In the global Poker segment, USACanadaJapanChina and Europe will drive the 13.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$9.9 Billion will reach a projected size of US$24.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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