European Online Gaming Market Research Report 2018-2022
Summary - A
new market study, titled “European Online Gaming Market (Betting, Casino &
Poker): Industry Analysis & Outlook (2018-2022)” has been featured on
WiseGuyReports.
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.
The report “European Online Gaming Market:
Industry Analysis & Outlook (2018-2022)” by Koncept Analytics 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.
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3616576-european-online-gaming-market-betting-casino-poker-industry
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