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A recent report published by Infinium Global Research on online poker market provides in-depth analysis of segments and sub-segments in the global as well as regional online poker market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional online poker market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global online poker market.
Online poker is a digital version of the traditional card game poker. It is played over the internet, allowing players to participate in virtual poker games and tournaments from anywhere in the world using their computers, smartphones, or tablets. It has gained popularity as a convenient and accessible form of gambling and entertainment, allowing players to enjoy poker from the comfort of their homes or on the move without the need to visit physical casinos or poker rooms. The online poker industry benefits players, operators, and the gambling industry in several ways. It offers accessibility and convenience, enabling players to participate in games at any time. The global player pool provides a diverse and competitive environment for players from around the world. Online poker sites offer a wide range of game variants, enhancing the gaming experience for enthusiasts. These factors contribute to the overall growth and success of the online poker market, attracting new players and supporting the broader gambling industry.
The global reach and accessibility of the online poker market are the key drivers fueling the growth of the online poker market. Online poker platforms excel in geographical boundaries, connecting players from different countries and time zones, creating a diverse and competitive player pool. Unlike traditional land-based poker rooms, which are confined to physical locations, online poker offers players the convenience of playing from anywhere, anytime, using computers, smartphones, or other connected devices. Moreover, online poker sites leverage attractive bonuses, promotions, and loyalty programs to retain players. Welcome bonuses, deposit match offers, and free roll tournaments attract new players, while loyalty programs reward regular players, fostering customer retention and engagement. However, the legal restrictions in various jurisdictions. Some countries and regions have strict gambling laws that either ban online poker outright or impose heavy operational restrictions. Such legal barriers restrain the growth of the online poker market. The adoption of blockchain technology may create an opportunity in the market. Blockchain technology offers various advantages in online poker such as security, speed, and Accessibility.
Based on the region the global market is segmented into North America, Europe, Asia Pacific, and Row. Europe is expected to experience dominance in the global market, owing to the regulations supporting the expansion of the gambling sector that have been put in place in nations like the UK, Germany, Italy, Poland, Malta, and Spain. Additionally, the area benefits from a population that values leisure time and has a high level of disposable cash, which has increased the demand for online gambling, particularly online poker. The Asia Pacific region is expected to experience the fastest growth in the global online poker market. This is primarily due to the relaxation of government regulations on online betting in various Asian countries, which is driving market expansion. Additionally, the rising spending on leisure activities among the population is further fueling the growth of the market in this region.
| Report Coverage | Details |
|---|---|
| Market Size in 2022 | USD 59.35 Billion |
| Market Size by 2030 | USD 155.36 Billion |
| Growth Rate from 2023 to 2030 | CAGR of 11.14% |
| Largest Market | Europe |
| No. of Pages | 350 |
| Market Drivers |
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| Market Segmentation | By Type, By Application, By Platform, By Payment Mode, and By End User |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on global online poker market covers segments such as type, application, platform, payment mode, and end user. On the basis of type, the sub-markets include texas holdem poker, omaha, 7-card stud, 5-card draw, and follow the queen. On the basis of application, the sub-markets include gambling, and entertainment. On the basis of platform, the sub-markets include PC, tablet, smartphone, gaming console, and arcade games. On the basis of payment mode, the sub-markets include credit cards, debit cards, and net banking. On the basis of end user, the sub-markets include gambling enthusiasts, and young, and adults.
The report provides profiles of the companies in the market such as PokerStars, GGPoker, 888poker, Online Poker/Partypoker, Bovada, Unibet, Zauba Corp., ACRpoker.eu, Zynga Inc., and Bet365 Group Ltd.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the online poker market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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