Dublin, Feb. 26, 2024 (GLOBE NEWSWIRE) — The „Gambling Global Market Report 2024” report has been added to ResearchAndMarkets.com’s offering.
The gambling market size has grown strongly in recent years. It will grow from $540.27 billion in 2023 to $580.36 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth witnessed in the historical period can be ascribed to the expansion of emerging markets, an increase in the number of female gamblers, and the rise in betting activities on e-sports.
The gambling market size is expected to see strong growth in the next few years. It will grow to $744.76 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The anticipated growth in the forecast period can be linked to the legalization of gambling, swift urbanization, the growing prevalence of social media, and an increasing population. Key trends expected in the forecast period involve investments in gambling games incorporating AR and VR technology
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