Mobile gambling offers players an opportunity to gamble at any time and anywhere. The major advantage of the mobile platform is that it attracts many casual gamers. These are gamers that have no experience of gambling of any form. With the rapid technological advances in mobile devices, gambling has become a more immersive and personal experience. The present era is the mobile-first world, and Google declared itself as a mobile-first company in 2009. Since then, various industries have started following this trend, and the gambling industry is no different. Smartphone and tablet adoption has been massive with over 4 billion mobile devices being in circulation worldwide in 2017. This has exponentially increased the potential market of mobile gambling. For mobile gamblers, mobile devices offer a more immersive experience at much lower prices than before. When smartphones were first released, they accounted for a high unit cost.
Technavio’s analysts forecast the global mobile gambling market to grow at a CAGR of 18.84% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global mobile gambling market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of mobile gambling.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Mobile Gambling Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • Betfair • Unibet • William Hill
Market driver • Increased interest among the younger population • For a full, detailed list, view our report
Market challenge • Mobile gambling invoking addictive behavior among low-income population • For a full, detailed list, view our report
Market trend • Vendors accepting cash alternative • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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