Casinos And Gambling Market to grow by $ 82.09 billion during 2020-2024 | Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast | Technavio
Technavio has been monitoring the casinos and gambling market and it is poised to grow by $ 82.09 billion during 2020-2024, progressing at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the casinos and gambling market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
Frequently Asked Questions:
What are the major trends in the market?
The legalization of gambling is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The market will accelerate at a CAGR of over 10% and the incremental growth of the market is anticipated to be $ 82.09 billion.
Who are the top players in the market?
Boyd Gaming Corp., Caesars Entertainment Corp., Crown Resorts Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., Golden Entertainment Inc., Las Vegas Sands Corp., MGM Resorts International, SJM Holdings Ltd., and William Hill Plc, are some of the major market participants.
What is the key market driver?
The growing popularity of online gambling is one of the major factors driving the market
How big is the North America market?
The North America region will contribute 50% of the market share
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Boyd Gaming Corp., Caesars Entertainment Corp., Crown Resorts Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., Golden Entertainment Inc., Las Vegas Sands Corp., MGM Resorts International, SJM Holdings Ltd., and William Hill Plc are some of the major market participants. The growing popularity of online gambling will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this casinos and gambling market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Casinos and Gambling Market 2020-2024: Segmentation
Casinos and Gambling Market is segmented as below:
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The casinos and gambling market report covers the following areas:
Casinos and Gambling Market Size
Casinos and Gambling Market Trends
Casinos and Gambling Market Industry Analysis
This study identifies the legalization of gambling as one of the prime reasons driving the casinos and gambling market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Casinos and Gambling Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist casinos and gambling market growth during the next five years
Estimation of the casinos and gambling market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the casinos and gambling market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of casinos and gambling market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Platform
Market segments
Comparison by Platform
Offline - Market size and forecast 2019-2024
Online - Market size and forecast 2019-2024
Market opportunity by Platform
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Boyd Gaming Corp.
Caesars Entertainment Corp.
Crown Resorts Ltd.
Flutter Entertainment Plc
Galaxy Entertainment Group Ltd.
Golden Entertainment Inc.
Las Vegas Sands Corp.
MGM Resorts International
SJM Holdings Ltd.
William Hill Plc
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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