SAN FRANCISCO† June 29, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “VR Gambling – Global Market Trajectory and Analysis”† The report presents new perspectives on opportunities and challenges in a significantly transformed post-COVID-19 market.
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Edition: 6; Issued: January 2022
Executive pool: 433
Businesses: 44 – Covered players include 888 Holdings; GVC holdings; Related group; oculus; Paddy Power Betfair; SlotsMillion; uploadVR; VR focus; VRScout; William Hill and others.
Coverage: All major geographies and key segments
Segments: Segment (Casino, other segments)
Geographies: World; United States† Canada† Japan† China† Europe †France† Germany† Italy† United Kingdom† and the rest of Europe† Asia-Pacific† Rest of the world.
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Global VR Gambling Market to Reach $36.5 billion by 2026
Amid the COVID-19 crisis, the global VR gambling market is estimated to be US$10.4 billionis expected to reach a revised size of US$36.5 billion by 2026, growing at a CAGR of 22.9% over the analysis period. Casino, one of the segments analyzed in the report, is expected to achieve and reach a CAGR of 22.7% US$42.7 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the economic crisis caused, growth in the Other Segments segment is adjusted to a revised CAGR of 31.1% for the next 7-year period.
The US market is estimated at: $4 billion in 2021, while China is expected to reach $6.4 billion by 2026
The VR gambling market in the US is estimated to be US$4 billion in 2021. Chinathe world’s second largest economy, is expected to have a projected market size of US$6.4 billion by the year 2026 at a CAGR of 22.4% over the analysis period. Among the other notable geographic markets are: Japan and Canada, each of which will grow by 20.4% and 19.5% respectively over the analysis period. Inside Europe† Germany is expected to grow at approximately 16.1% CAGR. More
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SOURCE Global Industry Analysts, Inc.