Online Gambling & Betting Market - Global Industry Analysis

Name: Online Gambling & Betting Market by Game Form (Poker, Casino, Sports Betting, Bingo, Lottery, Horse Racing Betting, and Others) and by Component (Hardware, Software, and Service): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024
Brand: Zion Market Research
SKU: ZMR-1776
Price: 4199.00 USD
Availability: InStock
Rating: 4.4 (89 reviews)

Online Gambling & Betting Market by Game Form (Poker, Casino, Sports Betting, Bingo, Lottery, Horse Racing Betting, and Others) and by Component (Hardware, Software, and Service): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Published Date: 18-Sep-2018 Category: Technology & Media Report Format : PDF Pages: 118 Report Code: ZMR-1776 Status : Published

Global online gambling & betting market expected to reach USD 94.4 billion globally by 2024, growing at a CAGR of around 10.9% between 2018 and 2024. Online gambling & betting is a form of gambling that is played by means of computer, mobile, laptop, and tablet through the internet.

Request For Customization Request Free Brochure Request Free Sample Buy Now

Description

The report analyzes and forecast online gambling & betting market on a global and regional level. The study offers past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of online gambling & betting market dynamics gives a brief thought about the drivers and restraints for the online gambling & betting market along with the impact they have on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the online gambling & betting market on a global level.

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 & betting market. To understand the competitive landscape in the online gambling & betting market, an analysis of Porter’s Five Forces model for the online gambling & betting market 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.

Global Online Gambling Betting Market

The study provides a crucial view of the online gambling & betting by segmenting the market based on game form, component, and region. All the segments of online gambling & betting market have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on game form, the global online gambling & betting market is bifurcated poker, casino, sports betting, bingo, lottery, horse racing betting, and others. Hardware, software, and service are the component segment of global online gambling & betting market. The regional segmentation comprises the current and forecast demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe for online gambling & betting market with further division into the U.S., Canada, Mexico, the UK, France, Spain, Italy, China, Japan, Australia, and Argentina are included in the report.

The competitive profiling of noticeable players of online gambling & betting market includes company and financial overview, business strategies adopted by them, their recent developments and product offered by them which can help in assessing competition in the market. Noticeable players included in the report Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc, Paddy Power Betfair Plc, GVC Holdings Plc, Fortuna Entertainment Group, The Stars Group, The Betway Group, William Hill plc, Kindred Group, Rank Group, Playtech, William Hill Plc, Hong Kong Jockey Club, and mybet Holding, among others.

The report segments the global online gambling & betting market as follows:

Global Online Gambling & Betting Market: Game Form Segment Analysis

Poker
Casino
Sports Betting
Bingo
Lottery
Horse Race Betting
Others

Global Online Gambling & Betting Market: Component Segment Analysis

Hardware
Software
Service

Global Online Gambling & Betting Market: Regional Segment Analysis

North America
- The U.S.
Europe
- UK
- France
- Germany
Asia Pacific
- China
- Japan
- India
Latin America
- Brazil
The Middle East and Africa

Table Of Content

Chapter 1. Preface
- 1.1. Report Description
  - 1.1.1. Objective
  - 1.1.2. Target Audience
  - 1.1.3. Unique Selling Proposition (USP) & Offerings
- 1.2. Research Scope
- 1.3. Research Methodology
  - 1.3.1. Market Research Process
  - 1.3.2. Market Research Methodology
  - 1.3.3. Level 1: Primary Research
  - 1.3.4. Level 2: Secondary Research
  - 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
Chapter 2. Executive Summary
- 2.1. Global Online Gambling & Betting Market, 2015-2024, (USD Billion)
- 2.2. Online Gambling & Betting Market: Market Snapshot
Chapter 3. Global Online Gambling & Betting Market - Industry Analysis
- 3.1. Introduction
- 3.2. Industry ecosystem analysis
- 3.3. Technology landscape
- 3.4. Market Drivers
  - 3.4.1. North America
    - 3.4.1.1. Increasing usage of VR in online gambling & betting
  - 3.4.2. Europe
  - 3.4.3. Asia Pacific
  - 3.4.4. Latin America
  - 3.4.5. MEA
- 3.5. Restraints
  - 3.5.1. Increasing cyber attacks
- 3.6. Opportunity
- 3.7. Innovation & sustainability
- 3.8. Regulatory landscape
- 3.9. Porter's Five Forces Analysis
- 3.10. PESTLE Analysis
- 3.11. Online Gambling & Betting Market: Market Attractiveness Analysis
  - 3.11.1. Market Attractiveness Analysis by Game Form Segment
  - 3.11.2. Market Attractiveness Analysis by Component Segment
  - 3.11.3. Market Attractiveness Analysis by Regional Segment
Chapter 4. Global Online Gambling & Betting Market - Competitive Landscape
- 4.1. Company Market Share Analysis, 2017
- 4.2. Strategic Development
  - 4.2.1. Acquisitions and Mergers
  - 4.2.2. New Product Launch
  - 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
  - 4.2.4. Research and Development, Product and Regional Expansion
Chapter 5. Online Gambling & Betting Market - Game Form Segment Analysis
- 5.1. Global Online Gambling & Betting Market Revenue Share, by Game Form, 2017 & 2024 (USD Billion)
- 5.2. Global Online Gambling & Betting Market by Poker, 2015 - 2024 (USD Billion)
- 5.3. Global Online Gambling & Betting Market by Casino, 2015 - 2024 (USD Billion)
- 5.4. Global Online Gambling & Betting Market by Sports Betting, 2015 - 2024 (USD Billion)
- 5.5. Global Online Gambling & Betting Market by Bingo, 2015 - 2024 (USD Billion)
- 5.6. Global Online Gambling & Betting Market by Lottery, 2015 - 2024 (USD Billion)
- 5.7. Global Online Gambling & Betting Market by Horse Racing Betting, 2015 - 2024 (USD Billion)
- 5.8. Global Online Gambling & Betting Market by Others, 2015 - 2024 (USD Billion)
Chapter 6. Online Gambling & Betting Market - Component Segment Analysis
- 6.1. Global Online Gambling & Betting Market Revenue Share, by Component, 2017 & 2024 (USD Billion)
- 6.2. Global Online Gambling & Betting Market by Hardware, 2015 - 2024 (USD Billion)
- 6.3. Global Online Gambling & Betting Market by Software, 2015 - 2024 (USD Billion)
- 6.4. Global Online Gambling & Betting Market by Service, 2015 - 2024 (USD Billion)
Chapter 7. Online Gambling & Betting Market - Regional Analysis
- 7.1. Global Online Gambling & Betting Market: Regional Overview
  - 7.1.1. Global Online Gambling & Betting Market Revenue Share, By Region, 2017 And 2024 (USD Billion)
- 7.2. North America
  - 7.2.1. North America Online Gambling & Betting Market Revenue 2015 - 2024 (USD Billion)
  - 7.2.2. North America Online Gambling & Betting Market Revenue, By Game Form, 2015 - 2024 (USD Billion)
  - 7.2.3. North America Online Gambling & Betting Market Revenue, By Component, 2015 - 2024 (USD Billion)
  - 7.2.4. U.S.
    - 7.2.4.1. U.S. Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.2.4.2. U.S. Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
  - 7.2.5. Canada
    - 7.2.5.1. Canada Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.2.5.2. Canada Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
  - 7.2.6. Mexico
    - 7.2.6.1. Mexico Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.2.6.2. Mexico Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
- 7.3. Europe
  - 7.3.1. Europe Online Gambling & Betting Market Revenue 2015 - 2024 (USD Billion)
  - 7.3.2. Europe Online Gambling & Betting Market Revenue, By Game Form, 2015 - 2024 (USD Billion)
  - 7.3.3. Europe Online Gambling & Betting Market Revenue, By Component, 2015 - 2024 (USD Billion)
  - 7.3.4. U.K.
    - 7.3.4.1. U.K. Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.3.4.2. U.K. Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
  - 7.3.5. France
    - 7.3.5.1. France Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.3.5.2. France Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
  - 7.3.6. Spain
    - 7.3.6.1. Spain Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.3.6.2. Spain Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
  - 7.3.7. Italy
    - 7.3.7.1. Italy Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.3.7.2. Italy Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
  - 7.3.8. Rest of Europe
    - 7.3.8.1. Rest of Europe Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.3.8.2. Rest of Europe Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
- 7.4. Asia Pacific
  - 7.4.1. Asia Pacific Online Gambling & Betting Market Revenue 2015 - 2024 (USD Billion)
  - 7.4.2. Asia Pacific Online Gambling & Betting Market Revenue, By Game Form, 2015 - 2024 (USD Billion)
  - 7.4.3. Asia Pacific Online Gambling & Betting Market Revenue, By Component, 2015 - 2024 (USD Billion)
- 7.5. China
  - 7.5.1. China Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
  - 7.5.2. China Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
- 7.6. Japan
  - 7.6.1. Japan Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
  - 7.6.2. Japan Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
- 7.7. Australia
  - 7.7.1. Australia Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
  - 7.7.2. Australia Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
- 7.8. Rest of Asia Pacific
  - 7.8.1. Rest of Asia Pacific Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
  - 7.8.2. Rest of Asia Pacific Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
- 7.9. Latin America
  - 7.9.1. Latin America Online Gambling & Betting Market Revenue 2015 - 2024 (USD Billion)
  - 7.9.2. Latin America Online Gambling & Betting Market Revenue, By Game Form, 2015 - 2024 (USD Billion)
  - 7.9.3. Latin America Online Gambling & Betting Market Revenue, By Component, 2015 - 2024 (USD Billion)
  - 7.9.4. Argentina
    - 7.9.4.1. Argentina Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.9.4.2. Argentina Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
  - 7.9.5. Rest of Latin America
    - 7.9.5.1. Rest of Latin America Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
    - 7.9.5.2. Rest of Latin America Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
- 7.10. Middle East & Africa
  - 7.10.1. Middle East & Africa Online Gambling & Betting Market Revenue 2015 - 2024 (USD Billion)
  - 7.10.2. Middle East & Africa Online Gambling & Betting Market Revenue, by Game Form, 2015 - 2024 (USD Billion)
  - 7.10.3. Middle East & Africa Online Gambling & Betting Market Revenue, by Component, 2015 - 2024 (USD Billion)
Chapter 8. Company Profiles
- 8.1. Bet365 Group Ltd.
  - 8.1.1. Overview
  - 8.1.2. Financials
  - 8.1.3. Solution portfolio
  - 8.1.4. Business strategy
  - 8.1.5. Recent developments
- 8.2. Betfred Ltd.
  - 8.2.1. Overview
  - 8.2.2. Financials
  - 8.2.3. Solution portfolio
  - 8.2.4. Business strategy
  - 8.2.5. Recent developments
- 8.3. 888 Holdings plc
  - 8.3.1. Overview
  - 8.3.2. Financials
  - 8.3.3. Solution portfolio
  - 8.3.4. Business strategy
  - 8.3.5. Recent developments
- 8.4. Paddy Power Betfair plc
  - 8.4.1. Overview
  - 8.4.2. Financials
  - 8.4.3. Solution portfolio
  - 8.4.4. Business strategy
  - 8.4.5. Recent developments
- 8.5. GVC Holdings Plc
  - 8.5.1. Overview
  - 8.5.2. Financials
  - 8.5.3. Solution portfolio
  - 8.5.4. Business strategy
  - 8.5.5. Recent developments
- 8.6. Fortuna Entertainment Group
  - 8.6.1. Overview
  - 8.6.2. Financials
  - 8.6.3. Solution portfolio
  - 8.6.4. Business strategy
  - 8.6.5. Recent developments
- 8.7. The Stars Group
  - 8.7.1. Overview
  - 8.7.2. Financials
  - 8.7.3. Solution portfolio
  - 8.7.4. Business strategy
  - 8.7.5. Recent developments
- 8.8. The Betway Group
  - 8.8.1. Overview
  - 8.8.2. Financials
  - 8.8.3. Solution portfolio
  - 8.8.4. Business strategy
  - 8.8.5. Recent developments
- 8.9. William Hill Plc
  - 8.9.1. Overview
  - 8.9.2. Financials
  - 8.9.3. Solution portfolio
  - 8.9.4. Business strategy
  - 8.9.5. Recent developments
- 8.10. Kindred Group
  - 8.10.1. Overview
  - 8.10.2. Financials
  - 8.10.3. Solution portfolio
  - 8.10.4. Business strategy
  - 8.10.5. Recent developments
- 8.11. Rank Group
  - 8.11.1. Overview
  - 8.11.2. Financials
  - 8.11.3. Solution portfolio
  - 8.11.4. Business strategy
  - 8.11.5. Recent developments
- 8.12. Playtech
  - 8.12.1. Overview
  - 8.12.2. Financials
  - 8.12.3. Solution portfolio
  - 8.12.4. Business strategy
  - 8.12.5. Recent developments
- 8.13. Rank Group
  - 8.13.1. Overview
  - 8.13.2. Financials
  - 8.13.3. Solution portfolio
  - 8.13.4. Business strategy
  - 8.13.5. Recent developments
- 8.14. William Hill Plc
  - 8.14.1. Overview
  - 8.14.2. Financials
  - 8.14.3. Solution portfolio
  - 8.14.4. Business strategy
  - 8.14.5. Recent developments
- 8.15. Hong Kong Jockey Club
  - 8.15.1. Overview
  - 8.15.2. Financials
  - 8.15.3. Solution portfolio
  - 8.15.4. Business strategy
  - 8.15.5. Recent developments
- 8.16. mybet Holding
  - 8.16.1. Overview
  - 8.16.2. Financials
  - 8.16.3. Solution portfolio
  - 8.16.4. Business strategy
  - 8.16.5. Recent developments

List of Figures

1. Global Online Gambling & Betting Market Segmentation by Game Form, Component, and Geography
2. Global Online Gambling & Betting Market, 2017-2024 (USD Billion)
3. Porter’s Five Forces Analysis: Online Gambling & Betting Market
4. Global Online Gambling & Betting Market Attractiveness, by Game Form
5. Global Online Gambling & Betting Market Attractiveness, by Component
6. Global Online Gambling & Betting Market Attractiveness, by Regional
7. Global Online Gambling & Betting Market Revenue Share, by Game Form, 2017 & 2024 (USD Billion)
8. Global Online Gambling & Betting Market by Poker, 2015 – 2024 (USD Billion)
9. Global Online Gambling & Betting Market by Casino, 2015 – 2024 (USD Billion)
10. Global Online Gambling & Betting Market by Sports Betting, 2015 – 2024 (USD Billion)
11. Global Online Gambling & Betting Market by Bingo, 2015 – 2024 (USD Billion)
12. Global Online Gambling & Betting Market by Lottery, 2015 – 2024 (USD Billion)
13. Global Online Gambling & Betting Market by Horse Racing Betting, 2015 – 2024 (USD Billion)
14. Global Online Gambling & Betting Market by Others, 2015 – 2024 (USD Billion)
15. Global Online Gambling & Betting Market Revenue Share, by Component, 2017 & 2024 (USD Billion)
16. Global Online Gambling & Betting Market by Hardware, 2015 – 2024 (USD Billion)
17. Global Online Gambling & Betting Market by Software, 2015 – 2024 (USD Billion)
18. Global Online Gambling & Betting Market by Service, 2015 – 2024 (USD Billion)
19. Global Online Gambling & Betting Market Revenue Share, by Region, 2017-2024 (USD Billion)
20. North America Online Gambling & Betting Market, 2015-2024, (USD Billion)
21. Europe Online Gambling & Betting market, 2015-2024, (USD Billion)
22. Asia Pacific Online Gambling & Betting Market, 2015-2024(USD Billion)
23. Latin America Online Gambling & Betting Market, 2015 – 2024 (USD Billion)
24. Middle East & Africa Online Gambling & Betting Market, 2015 – 2024, (USD Billion)

List of Tables

1. Global Online Gambling & Betting market snapshot
2. Drivers for Online Gambling & Betting market: Impact analysis
3. Restraints of Online Gambling & Betting market: Impact analysis
4. North America Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
5. North America Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
6. U.S. Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
7. U.S. Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
8. Canada Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
9. Canada Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
10. Mexico Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
11. Mexico Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
12. Europe Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
13. Europe Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
14. U.K. Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
15. U.K. Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
16. France Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
17. France Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
18. Spain Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
19. Spain Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
20. Italy Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
21. Italy Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
22. Rest of Europe Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
23. Rest of Europe Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
24. Asia Pacific Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
25. Asia Pacific Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
26. China Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
27. China Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
28. Japan Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
29. Japan Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
30. Australia Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
31. Australia Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
32. Rest of Asia Pacific Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
33. Rest of Asia Pacific Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
34. Latin America Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
35. Latin America Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
36. Argentina Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
37. Argentina Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
38. Rest of Latin America Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
39. Rest of Latin America Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)
40. Middle East & Africa Online Gambling & Betting Market Revenue, By Game Form, 2015 – 2024 (USD Billion)
41. Middle East & Africa Online Gambling & Betting Market Revenue, By Component, 2015 – 2024 (USD Billion)

Methodology

Free Analysis

Online gambling is known as internet gambling, it makes use of an online platform for various games and betting such as poker, blackjack, roulette, sports betting, race betting, lottery, bingo, etc. Money is transferred by credit & debit cards, electronic check, money orders, and cryptocurrencies.

The online gambling and betting market is expected to propel owing to its legalization in the U.S., the UK, France, Poland, Italy, Czech Republic, Malta, and the other European nations. Further, proposals are being raised in parliaments of the Netherlands, Russia, Germany, Asia Pacific countries to legalize online gambling. Increase in the number of internet users is driving the online gambling & betting market. In 2016, about 46% of the global population had access to the internet as compared to 43.5% in 2015. The number is anticipated to rise due to digitalization in the Asia Pacific region. Thus, the growth of the online gambling & betting market is evident in the near future.

Global Online Gambling Betting Market

Technological developments are anticipated to fuel the growth of online gambling & betting market. Adoption of the ”Virtual Reality (VR)” headsets by various casinos to provide a better experience in online gambling is propelling the market growth. In 2015, Slots Million online casino was one of the first to use VR technology. With the rising investments in VR technology, it is imminent that the online gambling market will propel during the forecast period. However, rising cyber attacks can prove to be a restraining factor to the growth of online gambling & betting market. The attack on E-Sports Entertainment Association in 2016 resulted in 1.5 million profiles being hacked. It is evident that cybersecurity is essential for online gambling.

The online gambling & betting market is segmented into game form, component, and region. Based on game form, the global online gambling & betting market is divided into poker, casino, sports betting, bingo, lottery, horse racing betting, and others. Poker segment is projected to grow at a substantial rate during the estimated period owing to the rise of social gaming.

North America is expected to hold a substantial share in the global online gambling & betting market during the projected timeframe. As North America is the most technologically advanced region the market growth is evident. Further, the U.S. was one of the first nations to legalize online gambling in some cities. Thus, it is anticipated that North America will make a noteworthy contribution to the rise of global online gambling & betting market during the forecast period.

Some of the top players in the online gambling & betting market are Bet365 Group Ltd., Betfred Ltd., 888 Holdings Plc, Paddy Power Betfair Plc, GVC Holdings Plc, Fortuna Entertainment Group, The Stars Group, The Betway Group, William Hill Plc, Kindred Group, Rank Group, Playtech, William Hill Plc, Hong Kong Jockey Club, and mybet Holding, among others.