Research predicts $94 billion worth of global online gambling market by 2024
Cameri Ross for Casino.Buzz uncovers spectacular Zion Market Research findings on global online gambling market projected worth of $94 billion in the next five years.
Zion Market Research, in its study of the gambling market across the globe, finds that in five years this market will be worth $94.4 billion – nearly doubling itself from $45.8 billion reported about two years ago.
The report highlights that the major contributor to the significant growth estimates is the evolving regional markets in countries like Poland, Malta, the Czech Republic, France and more.
The growth estimates represent a 10.9 percent compound annual growth rate (CAGR) for the global online gambling industry between 2017 and 2024.
Talking about its latest report on the global online gambling markets, Zion says that “The report gives a transparent view of the online gambling & betting market. We have included a detailed competitive scenario and portfolio of leading vendors operative in online gambling and betting market.
To understand the competitive landscape in online gambling and betting, an analysis of Porter’s Five Forces model for the online gambling and betting industry has also been included. The study encompasses a market attractiveness analysis, wherein game form, component, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.”