Market Insights Reports

European Online Gaming Market Rising Trends, Technology Advancements and Growth 2019 to 2022

 

Harrisburg, NC -- (SBWIRE) -- 03/11/2019 -- "European Online Gaming Market (Betting, Casino & Poker): Industry Analysis & Outlook (2018-2022)", provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering Europe. The report profiles the key players of the market including Betsson AB, LeoVegas, Kindred Group, and Mr Green.

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Essential points covered in European Online Gaming Market 2019 Research are:-
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the European Online Gaming market?
- What are the key market trends impacting the growth of the European Online Gaming market?
- What are the challenges to market growth?
- Who are the key vendors in the European Online Gaming market?
- What are the market opportunities and threats faced by the vendors in the European Online Gaming market?
- What are the key outcomes of the five forces analysis of the European Online Gaming market?

This independent 71 pages report guarantees you will remain better informed than your competition. With tables and figures examining the Online Gaming market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2022.

Furthermore, the report provides a detailed analysis of the European Online Gaming market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

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Online gaming has been a popular source of entertainment for the people in Europe. Mobile gaming is increasingly becoming popular in the region with rising use of smartphones. The growth rate for mobile gaming in this region is expected to be higher than computers. Mobile gaming market in Europe is forecasted to rise in the coming years with the rapid adoptions of smartphones.

The rise in affordability of the people of the region is expected to result in higher spending on digital games in the next few years and thereby surge in adoption of digital gaming. The transformational shift from traditional to online gaming has positively impacted the market. Online betting is the largest segment of the online gaming market due to ease of use and is further expected to remain the major segment of the market. Live casino is the fastest growing segment within the online casino market, which contributed to the increasing share of online casino in the market.

Geographically, the UK dominated the European online gaming market owing to ease of rules and regulations regarding playing. In the coming years, despite the United Kingdom being the largest market, other countries in Europe are estimated to see a higher growth rate. Increasing use of smartphones, desktops, and tablets would result in significant growth in online gaming in the region.

The adoption of local regulations by countries in Europe has changed the competitive scenario and in future, many countries are expected to be locally regulated, which means taxes on revenue and tougher regulations rules for companies. The online gaming companies are expanding their businesses through marketing spending, innovations and acquisitions in the region.

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The research includes historic data from 2014 to 2019 and forecasts until 2022 which makes the report an invaluable resource for company executives, marketing executive, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

The report will make detailed analysis mainly on the development environment, market size, and development trends of Online Gaming market on the basis of current situation of the industry in 2019 so as to get a holistic understanding of the competition in Online Gaming Market Carrier.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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