Global Online Gambling and Betting Market to Reach $140.6 Billion by 2030
The global market for Online Gambling and Betting estimated at US$73.5 Billion in the year 2023, is expected to reach US$140.6 Billion by 2030, growing at a CAGR of 9.7% over the analysis period 2023-2030. Poker, one of the segments analyzed in the report, is expected to record a 11.2% CAGR and reach US$62.4 Billion by the end of the analysis period. Growth in the Casino segment is estimated at 7.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $22.8 Billion, While China is Forecast to Grow at 8.9% CAGR
The Online Gambling and Betting market in the U.S. is estimated at US$22.8 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$23.5 Billion by the year 2030 trailing a CAGR of 8.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 7.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.
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