Online Lottery Global Market Report 2024

Dublin, March 07, 2024 (GLOBE NEWSWIRE) — The “Online Lottery Global Market Report 2024” report has been added to ResearchAndMarkets.com’s offering.

The online lottery market size is expected to see strong growth in the next few years. It will grow to $16.27 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The anticipated growth in the forecast period can be attributed to increasing internet penetration, a growing population, and increasing government support. Key trends projected for the forecast period include the use of digital platforms to enhance access and convenience, advancements in technology, a focus on blockchain and cryptocurrencies, increased investments in the development of new lottery games, and strategic partnerships and collaborations among market players.

Online lottery providers are concentrating on the introduction of mobile lottery apps to enhance customer service and solidify their market position. These apps, compatible with smartphones and tablets, offer users unparalleled convenience, enabling them to engage in lottery games from any location at any time. In October 2022, Jackpocket, a US-based online lottery ticket platform, introduced a new lottery app in Idaho, USA. The app facilitates ticket management, sends automatic win alerts, and allows prize redemption through the mobile platform.

Report Scope

Markets Covered:
1) By Type: Lotto; Quizzes Type Lottery; Numbers Game; Scratch-Off Instant Games; Other Types
2) By Platform: Desktop; Mobile

Key Companies Mentioned: Camelot Group; International Game Technology Plc; The Hong Kong Jockey Club; Francaise des Jeux; Florida Lottery

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Key Attributes:

Report Attribute Details
No. of Pages 175
Forecast Period 2024 – 2028
Estimated Market Value (USD) in 2024 $11.65 Billion
Forecasted Market Value (USD) by 2028 $16.27 Billion
Compound Annual Growth Rate 8.7%
Regions Covered Global

For more information about this report visit https://www.researchandmarkets.com/r/yayun8

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

CONTACT: 
CONTACT: ResearchAndMarkets.com 
         Laura Wood,Senior Press Manager 
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470 
         For U.S./ CAN Toll Free Call 1-800-526-8630 
         For GMT Office Hours Call +353-1-416-8900 

Previous post Sports Betting Global Market Report 2024
Next post LM Funding Announces 1-for-6 Reverse Stock Split to Ensure Compliance with Nasdaq Continued Listing Requirements and to Attract a Broader Audience of Investors