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Tag: cybercrime

Online Gambling Market

The size of the global online gaming market was estimated at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. High internet penetration and the increasing use of mobile phones by individuals to play online games from home and in public places are driving the market. In addition, factors such as easy access to online gambling, legalization and cultural recognition, corporate sponsorship and celebrity endorsement also contribute to market growth. It is expected that the increasing availability of low-cost mobile applications around the world will continue to drive market growth.

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