Mobile Gambling Market

Mobile gambling refers to gambling through mobile phones, smartphones or tablets. In mobile gambling, players download the application and can play, with the help of a working internet connection.

According to Wantstats analysis, the mobile gambling market is expected to witness high growth during the forecast period. Increasing popularity of mobile gaming among the young population and legalization of online gambling in many countries are some of the factors responsible for the growth of the market during the forecast period. However, security risks such as cyberattacks is a major challenge for gamblers and operators.

According to Wantstats analysis, the mobile gambling market has been segmented based on type, end user, and region. Based on type, the market has been segmented into betting, casino, poker, lottery, online bingo, and others. The casino segment accounted for the highest market share in 2018, whereas poker segment is expected to grow at the highest CAGR during the forecast period. By end user, the market has been segmented into gambling enthusiasts, social exuberant, and dabblers. The gambling enthusiasts’ segment held the highest market share in 2018 and social exuberant segment is expected to grow at the highest CAGR during the forecast period.

Geographically, the global mobile gambling market has been categorized into four regions, namely North America, Europe, Asia-Pacific, and the rest of the world. Europe led the mobile gambling market with a share of 57.20% in 2018, whereas Asia-Pacific is expected to be the fastest-growing mobile gambling market at the highest CAGR of 13.8% during the forecast period.

Wantstats study identifies some of the prominent key players in the mobile gambling market, including Betsson AB (Sweden), Kindred Group PLC (UK), NetEnt AB (Sweden), Paddy Power Betfair plc (Ireland), The 888 Group (Europort), Scientific Games (US), Ladbrokes (UK), The Hong Kong Jockey Club (Hong Kong), Camelot (UK), and Addison Global Limited (UK).