Key regions: United States, Asia, Japan, Germany, South Korea
The Online Gambling market in Northern Africa is experiencing steady growth and development, driven by changing customer preferences, emerging trends, and local special circumstances. Customer preferences in the Online Gambling market in Northern Africa are shifting towards convenience and accessibility. With the increasing penetration of smartphones and the internet, more people are opting for online gambling platforms that allow them to play anytime and anywhere. Additionally, the younger generation is showing a greater interest in online gambling, as they are more tech-savvy and open to new forms of entertainment. Trends in the market indicate a rise in the popularity of mobile gambling apps and live dealer games. Mobile gambling apps provide a seamless and user-friendly experience, allowing players to access a wide range of games on their smartphones. Live dealer games, on the other hand, offer a more immersive and interactive experience, bridging the gap between land-based and online casinos. These trends are driving the growth of the Online Gambling market in Northern Africa, as they cater to the evolving preferences of the customers. Local special circumstances also play a significant role in the development of the Online Gambling market in Northern Africa. In some countries in the region, traditional gambling is heavily regulated or even prohibited. This creates a demand for online gambling platforms that provide an alternative for people who want to engage in gambling activities. Additionally, the lack of physical casinos in certain areas makes online gambling the only viable option for individuals interested in gambling. Underlying macroeconomic factors, such as economic growth and increasing disposable income, also contribute to the development of the Online Gambling market in Northern Africa. As the economy improves and people have more money to spend on leisure activities, the demand for online gambling services increases. Moreover, the COVID-19 pandemic has further accelerated the growth of the online gambling market, as people turned to online platforms for entertainment during lockdowns and restrictions. In conclusion, the Online Gambling market in Northern Africa is experiencing growth and development due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The shift towards convenience and accessibility, the rise of mobile gambling apps and live dealer games, the demand for alternatives to traditional gambling, and the impact of macroeconomic factors are all contributing to the expansion of the market in the region.
Data coverage:
The data encompasses B2C enterprises. Figures are based on Gross Gambling Revenue (GGR) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies, and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, the urban population, the usage of key players, and attitudes toward online services.Additional notes:
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.
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