Online Lottery Market by Product Type (The Lotto, Quizzes Type Lottery, Numbers Game, Scratch-off Instant Games and Others), Platform (Desktop, Mobile/App-based) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2035
- PUBLISHED ON
- 9/1/2022
- NO OF PAGES
- 278
- CATEGORY
- Banking & Finance
In 2021, the market for Online Lottery Market worldwide was worth $ 11.67 billion for the year 2021. AMR Group projects that the market will reach US$ 37.22 billion by 2031, growing at a CAGR of 12.3 % between 2022 and 2031. We are constantly tracking and evaluating the pandemic's direct and indirect effects, taking into account the uncertainties of COVID-19. The report includes these insights as a significant market contributor.
Industry Overview
Some of the major elements fostering a favorable view for the industry include the expanding availability of high-speed internet connectivity and the surging sales of smartphones worldwide. Due to greater accessibility on mobile devices and personal computers (PCs), the availability of digital and mobile payments for online players, and upgraded betting processes, security, and dependability, consumers are increasingly using online lottery methods. Because online lotteries offer a higher rate of return for fewer investments, players are transferring their preferences from traditional draw-based games to them, which is helping the business expand. In addition to this, technological developments such as the incorporation of virtual and augmented reality (VR/AR) and the development of connected wearables enabling immersive gameplay while maintaining transparency, is providing a considerable boost to the market growth.
Additionally, the market growth is being positively impacted by the rising use of online payment methods that provide encryption security for safeguarding data associated with online transactions. The implementation of numerous government initiatives promoting safe practices and the legalization of online lottery services, among other factors, are anticipated to propel the market further toward growth. These include various promotional activities on social media, rising consumer spending power, and rising consumer spending capacity.
Market Dynamics
An entirely new subset of online gaming has emerged as a result of the lottery's growing popularity. The demand for virtual games is outpacing that of traditional draw-based ones, which are driving the expansion of the online lottery market. Further, the lottery's high rate of return on a relatively low investment encourages customers to invest and play online. Additionally, lottery companies' most common marketing tactic is to cultivate a sizable following on social media. To boost lottery sales, businesses focus on sharing the winning prizes on social media.
Numerous lottery games that are based on mobile applications have emerged as a result of the growing popularity of smartphones. One of the main drivers of the market is that customers can gamble from the convenience and comfort of their own homes. Companies are working on improving their graphical user interfaces in an effort to increase the number of downloads for these mobile applications and website visits. However, the growing concern about cybercrime may impede market expansion.
COVID Impact
Online gambling participation has increased during COVID. While the number of online gamblers has increased, the profile and behaviors of online gamblers had not changed during COVID. Compared to Pre-COVID, the demographic profile of online gamblers is unchanged. There has been a directional, but not statistically significant, decrease in the proportion of moderate/high-risk online problem gamblers. One of the few statistically significant changes is an increase in online gamblers who score Low on the Positive Play Pre-Commitment Index. COVID has had a negative impact on happiness, mental health, and household finances. During COVID, online gamblers are more likely to have increased their consumption of alcohol, nicotine, and legal drugs including cannabis.
Regional Trend
The demand for virtual draw-based games is outpacing that of physical draw-based games in the European online lottery market. People can feel safe while playing lottery games and conducting business online thanks to the market's stringent regulations regarding gambling and online lottery. One of Europe's most tightly regulated markets is Germany. The Interstate Gambling Treaty, which tightened regulations for Germany's online gambling industry, was introduced in 2012 in accordance with this. The Camelot United Kingdom Lotteries Limited Announced National Lottery sales of EUR 8373.9 million for the fiscal year 2020-21, as stated by Camelot Group. An increase in lottery sales is indicative of strong internet penetration and an improved betting process in terms of security and reliability, boosting market growth. Participants' preference for online lottery indicates strong internet penetration. In Europe, instant games based on drawing and scratching are gaining in popularity, contributing to the expanding market.
Competitive Landscape
The report includes competitive landscape based on the extensive assessment of the product portfolio offering, geographic presence, and key strategic developments adopted by the leading market players in the industry over the past 5 years. The key players profiled in the Online Lottery Market research report are Camelot Group, International Game Technology PLC, Jackpot.com, Lotto Agent, Lotto Direct Limited, Lotto247, Lottoland Limited, LottosOnline, MultiLotto, OneLotto.com, Play UK Internet N.V and ZEAL Network SE
By Product Type
· The Lotto
· Quizzes Type Lottery
· Numbers Game
· Scratch-off Instant Games
· Others
By Platform
· Desktop
· Mobile/App-based
Key Points:
Define, describe and forecast Online Lottery product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Historic Year: 2016-2022
Forecast: 2024-2035
1 Online Lottery Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Online Lottery
1.3 Online Lottery Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Online Lottery
1.4.2 Applications of Online Lottery
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Singapore Pools Market Performance Analysis
3.1.1 Singapore Pools Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Singapore Pools Sales, Value, Price, Gross Margin 2016-2021
3.2 Magnum Market Performance Analysis
3.2.1 Magnum Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Magnum Sales, Value, Price, Gross Margin 2016-2021
3.3 Hong Kong Jockey Club Market Performance Analysis
3.3.1 Hong Kong Jockey Club Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Hong Kong Jockey Club Sales, Value, Price, Gross Margin 2016-2021
3.4 INTRALOT Market Performance Analysis
3.4.1 INTRALOT Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 INTRALOT Sales, Value, Price, Gross Margin 2016-2021
3.5 Mizuho Bank Ltd Market Performance Analysis
3.5.1 Mizuho Bank Ltd Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Mizuho Bank Ltd Sales, Value, Price, Gross Margin 2016-2021
3.6 New York State Lottery Market Performance Analysis
3.6.1 New York State Lottery Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 New York State Lottery Sales, Value, Price, Gross Margin 2016-2021
3.7 Camelot Group Market Performance Analysis
3.7.1 Camelot Group Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Camelot Group Sales, Value, Price, Gross Margin 2016-2021
3.8 California Lottery Market Performance Analysis
3.8.1 California Lottery Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 California Lottery Sales, Value, Price, Gross Margin 2016-2021
3.9 Connecticut Lottery Market Performance Analysis
3.9.1 Connecticut Lottery Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Connecticut Lottery Sales, Value, Price, Gross Margin 2016-2021
3.10 GTECH Market Performance Analysis
3.10.1 GTECH Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 GTECH Sales, Value, Price, Gross Margin 2016-2021
3.11 China Welfare Lottery Market Performance Analysis
3.11.1 China Welfare Lottery Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 China Welfare Lottery Sales, Value, Price, Gross Margin 2016-2021
3.12 Loterias y Apuestas del Estado Market Performance Analysis
3.12.1 Loterias y Apuestas del Estado Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 Loterias y Apuestas del Estado Sales, Value, Price, Gross Margin 2016-2021
3.13 China Sports Lottery Market Performance Analysis
3.13.1 China Sports Lottery Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 China Sports Lottery Sales, Value, Price, Gross Margin 2016-2021
3.14 Florida Lottery Market Performance Analysis
3.14.1 Florida Lottery Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Florida Lottery Sales, Value, Price, Gross Margin 2016-2021
3.15 Minnesota State Lottery Market Performance Analysis
3.15.1 Minnesota State Lottery Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Minnesota State Lottery Sales, Value, Price, Gross Margin 2016-2021
3.16 Berjaya Sports Toto Berhad Market Performance Analysis
3.16.1 Berjaya Sports Toto Berhad Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 Berjaya Sports Toto Berhad Sales, Value, Price, Gross Margin 2016-2021
3.17 MDJS Market Performance Analysis
3.17.1 MDJS Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 MDJS Sales, Value, Price, Gross Margin 2016-2021
3.18 Francaise des Jeux Market Performance Analysis
3.18.1 Francaise des Jeux Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Francaise des Jeux Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Online Lottery Production and Value by Type
4.1.1 Global Online Lottery Production by Type 2016-2021
4.1.2 Global Online Lottery Market Value by Type 2016-2021
4.2 Global Online Lottery Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 The Lotto Market Production, Value and Growth Rate
4.2.2 Quizzes Type Lottery Market Production, Value and Growth Rate
4.2.3 Numbers Game Market Production, Value and Growth Rate
4.2.4 Scratch-off Instant Games Market Production, Value and Growth Rate
4.2.5 Other Market Production, Value and Growth Rate
4.3 Global Online Lottery Production and Value Forecast by Type
4.3.1 Global Online Lottery Production Forecast by Type 2021-2026
4.3.2 Global Online Lottery Market Value Forecast by Type 2021-2026
4.4 Global Online Lottery Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 The Lotto Market Production, Value and Growth Rate Forecast
4.4.2 Quizzes Type Lottery Market Production, Value and Growth Rate Forecast
4.4.3 Numbers Game Market Production, Value and Growth Rate Forecast
4.4.4 Scratch-off Instant Games Market Production, Value and Growth Rate Forecast
4.4.5 Other Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Online Lottery Consumption and Value by Application
5.1.1 Global Online Lottery Consumption by Application 2016-2021
5.1.2 Global Online Lottery Market Value by Application 2016-2021
5.2 Global Online Lottery Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Entertainment Market Consumption, Value and Growth Rate
5.2.2 Others Market Consumption, Value and Growth Rate
5.3 Global Online Lottery Consumption and Value Forecast by Application
5.3.1 Global Online Lottery Consumption Forecast by Application 2021-2026
5.3.2 Global Online Lottery Market Value Forecast by Application 2021-2026
5.4 Global Online Lottery Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Entertainment Market Consumption, Value and Growth Rate Forecast
5.4.2 Others Market Consumption, Value and Growth Rate Forecast
6 Global Online Lottery by Region, Historical Data and Market Forecasts
6.1 Global Online Lottery Sales by Region 2016-2021
6.2 Global Online Lottery Market Value by Region 2016-2021
6.3 Global Online Lottery Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Online Lottery Sales Forecast by Region 2021-2026
6.5 Global Online Lottery Market Value Forecast by Region 2021-2026
6.6 Global Online Lottery Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Online Lottery Value and Market Growth 2016-2021
7.2 United State Online Lottery Sales and Market Growth 2016-2021
7.3 United State Online Lottery Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Online Lottery Value and Market Growth 2016-2021
8.2 Canada Online Lottery Sales and Market Growth 2016-2021
8.3 Canada Online Lottery Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Online Lottery Value and Market Growth 2016-2021
9.2 Germany Online Lottery Sales and Market Growth 2016-2021
9.3 Germany Online Lottery Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Online Lottery Value and Market Growth 2016-2021
10.2 UK Online Lottery Sales and Market Growth 2016-2021
10.3 UK Online Lottery Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Online Lottery Value and Market Growth 2016-2021
11.2 France Online Lottery Sales and Market Growth 2016-2021
11.3 France Online Lottery Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Online Lottery Value and Market Growth 2016-2021
12.2 Italy Online Lottery Sales and Market Growth 2016-2021
12.3 Italy Online Lottery Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Online Lottery Value and Market Growth 2016-2021
13.2 Spain Online Lottery Sales and Market Growth 2016-2021
13.3 Spain Online Lottery Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Online Lottery Value and Market Growth 2016-2021
14.2 Russia Online Lottery Sales and Market Growth 2016-2021
14.3 Russia Online Lottery Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Online Lottery Value and Market Growth 2016-2021
15.2 China Online Lottery Sales and Market Growth 2016-2021
15.3 China Online Lottery Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Online Lottery Value and Market Growth 2016-2021
16.2 Japan Online Lottery Sales and Market Growth 2016-2021
16.3 Japan Online Lottery Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Online Lottery Value and Market Growth 2016-2021
17.2 South Korea Online Lottery Sales and Market Growth 2016-2021
17.3 South Korea Online Lottery Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Online Lottery Value and Market Growth 2016-2021
18.2 Australia Online Lottery Sales and Market Growth 2016-2021
18.3 Australia Online Lottery Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Online Lottery Value and Market Growth 2016-2021
19.2 Thailand Online Lottery Sales and Market Growth 2016-2021
19.3 Thailand Online Lottery Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Online Lottery Value and Market Growth 2016-2021
20.2 Brazil Online Lottery Sales and Market Growth 2016-2021
20.3 Brazil Online Lottery Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Online Lottery Value and Market Growth 2016-2021
21.2 Argentina Online Lottery Sales and Market Growth 2016-2021
21.3 Argentina Online Lottery Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Online Lottery Value and Market Growth 2016-2021
22.2 Chile Online Lottery Sales and Market Growth 2016-2021
22.3 Chile Online Lottery Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Online Lottery Value and Market Growth 2016-2021
23.2 South Africa Online Lottery Sales and Market Growth 2016-2021
23.3 South Africa Online Lottery Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Online Lottery Value and Market Growth 2016-2021
24.2 Egypt Online Lottery Sales and Market Growth 2016-2021
24.3 Egypt Online Lottery Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Online Lottery Value and Market Growth 2016-2021
25.2 UAE Online Lottery Sales and Market Growth 2016-2021
25.3 UAE Online Lottery Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Online Lottery Value and Market Growth 2016-2021
26.2 Saudi Arabia Online Lottery Sales and Market Growth 2016-2021
26.3 Saudi Arabia Online Lottery Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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