This growth is attributed to increased betting on cybersports, although security and trust issues in online gambling may have a negative impact.
The gambling market is expected to grow significantly at a projected CAGR of 7.1%, resulting in a market size of $260.44 billion.
The online gambling market is also predicted to grow at a compound annual rate of 11.03%, leading to a market size of $150.5 billion. This is considered by device, product, and geography.
The virtual reality gambling market is expected to grow by $1.74 billion from 2020 to 2025 at a CAGR of 53.13%. This market is also analyzed by type and geography.
The casino market is predicted to grow at a compound annual growth rate of 3.97%, increasing the market size by $38.23 billion. The segmentation includes game types and geography.
Finally, the subscription-based gaming market is predicted to grow at a CAGR of 8.17%, increasing in market size by $4,409.54 million. Segmentation includes devices, types, and geography.
