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DUBLIN, Jan. 7, 2021 /PRNewswire/ — The «Online Gambling Global Market Opportunities and Strategies to 2030: COVID-19 Growth and Change» report has been added to ResearchAndMarkets.com’s offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global online gambling market.

The global online gambling market reached a value of nearly $58,960 million in 2019, having increased at a compound annual growth rate (CAGR) of 9.9% since 2015. The market is expected to grow from $58,960 million in 2019 to $92,860 million in 2023 at a rate of 12.0%. The market is expected to grow from $92,860 million in 2023 to $113,120 million in 2025 at a CAGR of 10.4%. The market is expected to grow and reach $185,740 billion in 2030 with a CAGR of 10.4%.

Reasons to Purchase

• Outperform competitors using accurate up to date demand-side dynamics information.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
• Identify growth segments for investment.
• Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
• Create regional and country strategies on the basis of local data and analysis.
• Stay abreast of the latest customer and market research findings
• Benchmark performance against key competitors.
• Develop strategies based on likely future developments.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Gain a global perspective on the development of the market.

The report covers the following chapters

• Executive Summary – The executive summary section of the report gives a brief overview and summary of the report
• Report Structure – This section gives the structure of the report and the information covered in the various sections.
• Introduction – The introduction section of the report gives brief introduction about segmentation by geography, segmentation by game type, and by device.
• Market Characteristics – The market characteristics section of the report defines and explains the online gambling market. This chapter also defines and describes goods and related services covered in the report.
• Trends and Strategies – This chapter describes the major trends shaping the global online gambling market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
• COVID Impact Analysis – This section provides an insight on how the pandemic is impacting the online gambling market.
• Global Market Size and Growth – This section contains the global historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
• Regional Analysis – This section contains the historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.
• Segmentation – This section contains the market values (2015-2030) and analysis for different segments.
• Regional Market Size and Growth – This section contains the region’s market size (2019), historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, South America, Middle East and Africa and major countries within each region. The market overview sections of the report describe the current size of the market, background information, government initiatives, regulations, regulatory bodies, associations, corporate tax structure, investments, and major companies.
• Competitive Landscape – This section covers details on the competitive landscape of the global online gambling market, estimated market shares and company profiles for the leading players.
• Key Mergers and Acquisitions – This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
• Market Opportunities and Strategies – This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
• Conclusions and Recommendations – This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for online gambling companies in terms of product/service offerings, geographic expansion, marketing strategies and target groups.
• Appendix – This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Growth in the historic period resulted from growing adoption of smartphones with improved internet accessibility, rise in disposable incomes and growth of the experience economy. This growth was restricted by stringent regulations, and growing privacy concerns.

Going forward, increasing involvement during the COVID-19 pandemic, technically advanced platforms, changing consumer gambling habits and legalization of gambling are expected to drive the market. Global recession, stringent government regulations on gambling, regulatory restrictions to curb gambling addiction and demographic changes are major factors that could hinder the growth of the online gambling market in the future.

The online gambling market is segmented by game type into betting, casino, lottery, poker, online bingo and others. The betting was the largest segment of the online gambling market by game type, accounting for 47.0% of the total market in 2019. Going forward, lottery segment is expected to be the fastest growing segment in the online gambling market, at a CAGR of 16.4%.

The online gambling market is also segmented by device into desktop, mobile and other devices. The desktop was the largest segment of the online gambling market by device, accounting for 57.6% of the total market in 2019. Going forward, the mobile segment is expected to be the fastest growing segment in the online gambling market, at a CAGR of 13.3%.

Asia Pacific was the largest region in the global online gambling market, accounting for 31.7% of the total in 2019. It was followed by the Western Europe, North America and then the other regions. Going forward, the fastest-growing regions in the online gambling market will be Eastern Europe and Asia Pacific, where growth will be at CAGRs of 16.3% and 12.5% respectively. These will be followed by Western Europe and Africa, where the markets are expected to register CAGRs of 9.3% and 9.3% respectively.

The online gambling market is fragmented, with a large number of small players in the market. The top ten competitors in the market made up to 26.1% of the total market in 2019. Major players in the market include bet365 Group Ltd., GVC Holdings PLC, The Stars Group Inc., Flutter Entertainment plc and Kindred Group plc.

The top opportunities in the online gambling market segmented by game type will arise in the betting segment, which will gain $ 14,786.0 million of global annual sales by 2023. The top opportunities in the online gambling market segmented by device will arise in the mobile segment, which will gain $ 16,721.3 million of global annual sales by 2023. The online gambling market size will gain the most in the China at $3,997.1 million. Market-trend-based strategies for the online gambling market includes investing in AI technology, integrating cryptocurrency as a payment mode, investing in AR and VR technology, building mobile apps, sponsoring sports events with large viewership and providing free access to games with certain main features in paid versions to attract a greater number of users. Player-adopted strategies in the online gambling market include investing in expanding operations through innovative product launches, and in acquisitions and mergers to strengthen their service offerings.

Key Topics Covered:

1. Online Gambling Market Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

6. Introduction
6.1.1. Segmentation by Geography
6.1.2. Segmentation by Game Type
6.1.3. Segmentation by Device

7. Online Gambling Market Characteristics
7.1. Market Definition
7.2. Segmentation by Game Type
7.3. Segmentation by Device

8. Online Gambling Market Trends and Strategies
8.1. Use of Artificial Intelligence in Online Gambling
8.2. Blockchain in Online Gambling
8.3. Virtual Reality/Augmented Reality To Enhance User Experience
8.4. Mobile Gambling
8.5. Online Gambling Companies Sponsoring Sports Teams
8.6. Celebrity Endorsements
8.7. Freemium Models in Online Gambling

9. Online Gambling Market, COVID Impact Analysis
9.1. North America
9.2. Asia-Pacific
9.3. Europe

10. Global Online Gambling Market Size and Growth
10.1. Market Size
10.2. Historic Market Growth, 2015-2019, Value ($ Million)
10.2.1. Drivers of The Market 2015-2019
10.2.2. Restraints On The Market 2015-2019
10.3. Forecast Market Growth, 2019-2023, 2025F, 2030F Value ($ Million)
10.3.1. Drivers of The Market 2019-2023
10.3.2. Restraints On The Market 2019-2023

11. Global Online Gambling Market Segmentation
11.1. Global Online Gambling Market, Segmentation by Game Type, Historic and Forecast
11.2. Global Online Gambling Market, Segmentation by Device, Historic and Forecast

12. Online Gambling Market, Regional and Country Analysis
12.1. Global Online Gambling Market, by Region, Historic and Forecast
12.2. Global Online Gambling Market, by Country, Historic and Forecast

13. Asia-Pacific Online Gambling Market

14. Western Europe Online Gambling Market

15. Eastern Europe Online Gambling Market

16. North America Online Gambling Market

17. South America Online Gambling Market

18. Middle East Online Gambling Market

19. Africa Online Gambling Market

20. Global Online Gambling Market Competitive Landscape
20.1. Company Profiles
20.2. bet365 Group Ltd.
20.2.1. Company Overview
20.2.2. Products and Services
20.2.3. Business Strategy
20.2.4. Financial Overview
20.3. GVC Holdings PLC
20.3.1. Company Overview
20.3.2. Products and Services
20.3.3. Business Strategy
20.3.4. Financial Overview
20.4. The Stars Group Inc.
20.4.1. Company Overview
20.4.2. Products and Services
20.4.3. Business Strategy
20.4.4. Financial Overview
20.5. Flutter Entertainment plc
20.5.1. Company Overview
20.5.2. Products and Services
20.5.3. Business Strategy
20.5.4. Financial Overview
20.6. Kindred Group plc
20.6.1. Company Overview
20.6.2. Products and Services
20.6.3. Business Strategy
20.6.4. Financial overview

21. Key Mergers and Acquisitions in The Online Gambling Market
21.1. William Hill Acquires CG Technology
21.2. Tusogo Sun Acquired Stake in Betcoza
21.3. Gauselmann Acquired Bede Gaming
21.4. DraftsKing Acquires SBTech
21.5. Rank Group Acquired Stride Gaming
21.6. Flutter Merged With Starts Group To Form A New Company
21.7. 888 Acquired Costa Bingo
21.8. 888 Acquired BetBright’s Sports Betting Platform
21.9. Rank Group Acquired QSB Gaming Limited

22. Online Gambling Market Opportunities and Strategies
22.1. Global Online Gambling Market in 2023 – Countries Offering Most New Opportunities
22.2. Global Online Gambling Market in 2023 – Segments Offering Most New Opportunities
22.3. Global Online Gambling Market in 2023 – Growth Strategies
22.3.1. Market Trend Based Strategies
22.3.2. Competitor Strategies

23. Online Gambling Market, Conclusions and Recommendations
23.1. Conclusions
23.2. Recommendations
23.2.1. Product
23.2.2. Place
23.2.3. Price
23.2.4. Promotion
23.2.5. People

24. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/4frxtl

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

For E.S.T Office Hours Call +1-917-300-0470
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View original content:http://www.prnewswire.com/news-releases/worldwide-online-gambling-industry-to-2030—players-profiled-include-bet365-gvc-holdings-and-the-stars-group-among-others-301202733.html

SOURCE Research and Markets

DUBLIN, Jan. 7, 2021 /PRNewswire/ — The «Precision Gearbox Market Size, Share & Trends Analysis Report by Axis Of Orientation (In-line, Right Angle), by Gear Technology (Planetary, Bevel), by Application (Robotics, Medical), by Region, and Segment Forecasts, 2020-2027» report has been added to ResearchAndMarkets.com’s offering.

The global precision gearbox market size is anticipated to reach USD 4.97 billion by 2027 registering a CAGR of 9.1%. The novel coronavirus pandemic along with the possibility of the occurrence of future pandemics has accelerated the implementation and development of automation technologies. Automation minimizes the degree of manual operation and ensures minimum human intervention, which, in turn, is expected to benefit sparsely populated regions or countries with a less skilled labor force. Therefore, the demand for such automated machines and systems is likely to have a positive impact on market growth over the coming years.

Improved capabilities of robots and production flexibility offered by them are anticipated to attract a wide range of labor-intensive countries, such as India, to invest in automation technologies, thereby creating opportunities for precision gearbox manufacturers over the coming years. Robotics offers several benefits including higher throughput rates, greater precision & consistency, and minimization of scrap & waste. These benefits have encouraged a wide range of industries, such as food & beverage, medical, packaging, and materials handling, to incorporate industrial robots, which, in turn, has increased the product demand in recent years.

Precision Gearbox Market Report Highlights

• The planetary precision gearbox segment is anticipated to account for the highest market share by 2027 on account of lower weight, compact size, high power density, modular arrangements, high efficiency, low backlash, and longer gear life of these products.
• The in-line segment is expected to maintain its dominance over the forecast period owing to high energy savings, low noise, low vibration, and high overload capacity.
• The material handling segment is expected to grow at a CAGR of 5.8% over the forecast period.
• Asia Pacific accounted for the largest revenue share in 2019 and is anticipated to expand further at the fastest CAGR of 10.4% over the forecast period.
• Product demand in the APAC region is expected to be driven by several major developing economies, such as China, South Korea, and India.
• Moreover, major companies are establishing their manufacturing facilities in emerging economies of APAC to cater to the growing product demand as well as to cut down the costs associated with exporting.

Key Topics Covered:

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Market Variables, Trends, and Scope
3.1. Market Segmentation & Scope
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Analysis
3.4. Regulatory Framework
3.5. Technology Overview
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Business Environmental Tools Analysis: Precision Gearbox Market
3.7.1. Porter’s Five Forces Analysis
3.7.1.1. Bargaining Power of Suppliers
3.7.1.2. Bargaining Power of Buyers
3.7.1.3. Threat of Substitutes
3.7.1.4. Threat of New Entrants
3.7.1.5. Competitive Rivalry
3.7.2. PESTLE Analysis
3.7.2.1. Political Landscape
3.7.2.2. Economic Landscape
3.7.2.3. Social Landscape
3.7.2.4. Technology Landscape
3.7.2.5. Environmental Landscape
3.7.2.6. Legal Landscape

Chapter 4. COVID-19: Impact Analysis

Chapter 5. Precision Gearbox Market: Axis of Orientation Estimates & Trend Analysis
5.1. Precision Gearbox Market: Axis of Orientation Movement Analysis, 2019 & 2027
5.2. In-line/Coaxial
5.2.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
5.3. Right Angle
5.3.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
5.4. Parallel
5.4.1. Market estimates and forecasts, 2016 – 2027 (USD Million)

Chapter 6. Precision Gearbox Market: Gear Technology Estimates & Trend Analysis
6.1. Precision Gearbox Market: Gear Technology Movement Analysis, 2019 & 2027
6.2. Planetary
6.2.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
6.3. Bevel
6.3.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
6.4. Helical
6.4.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
6.5. Spur
6.5.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
6.6. Others
6.6.1. Market estimates and forecasts, 2016 – 2027 (USD Million)

Chapter 7. Precision Gearbox Market: Application Estimates & Trend Analysis
7.1. Precision Gearbox Market: Application Movement Analysis, 2019 & 2027
7.2. Food & Beverage
7.2.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
7.3. Machine Tools
7.3.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
7.4. Materials Handling
7.4.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
7.5. Packaging
7.5.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
7.6. Robotics
7.6.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
7.7. Medical
7.7.1. Market estimates and forecasts, 2016 – 2027 (USD Million)
7.8. Others
7.8.1. Market estimates and forecasts, 2016 – 2027 (USD Million)

Chapter 8. Precision Gearbox Market: Regional Estimates & Trend Analysis
8.1. Precision Gearbox Market: Regional Movement Analysis, 2019 & 2027
8.2. North America
8.3. Europe
8.4. Asia Pacific
8.5. Central & South America
8.6. Middle East & Africa

Chapter 9. Competitive Landscape
9.1. Key Global Players, Their Initiatives, & Its Impact on the Market
9.2. Vendor Landscape
9.3. Potential Customer Base Concentration
9.4. Company Market Positioning
9.5. Strategic Framework

Chapter 10. Company Profiles
10.1. Bonfiglioli Riduttori S.p.A.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiatives
10.2. WITTENSTEIN SE
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Strategic Initiatives
10.3. Neugart GmbH
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Strategic Initiatives
10.4. Siemens AG
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Strategic Initiatives
10.5. Rexnord Corporation
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Strategic Initiatives
10.6. ABB Ltd
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Strategic Initiatives
10.7. SEW-EURODRIVE GmbH & Co KG
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Strategic Initiatives
10.8. Gudel Group AG
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Strategic Initiatives
10.9. Dana Incorporated
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Strategic Initiatives
10.10. The Timken Company
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Strategic Initiatives
10.11. Nidec-Shimpo Corporation
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Strategic Initiatives
10.12. Melior Motion
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Strategic Initiatives
10.13. Apex Dynamics Inc.
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Strategic Initiatives
10.14. Nabtesco
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Strategic Initiatives

For more information about this report visit https://www.researchandmarkets.com/r/5dr0g3

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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SOURCE Research and Markets

NEW YORK, Jan. 7, 2021 /PRNewswire/ — Online travel agency Fareportal has sued JetBlue Airways under federal antitrust laws for an alleged «scheme» to block consumers from being able to comparison shop JetBlue’s fares with those of other airlines. Fareportal, who maintains long-term collaborative partnerships with over 600 airlines globally, is recognized for creating many industry-first innovations. The suit contends that JetBlue is trying to raise fares on routes it dominates by making it difficult for consumers to shop on price.

«Amidst the turbulence of the global pandemic, JetBlue is quietly pursuing a scheme to make it harder for American consumers to save money when they book air travel,» wrote Fareportal in the lawsuit that was filed on Jan. 5, 2021 in the United States District Court for the Eastern District of New York. «JetBlue’s goal is simple: to make it difficult for consumers to comparison shop when they want to fly.»

Online Travel Agencies (OTAs) were born in the 1990s and dramatically increased competition and lowered fares by giving consumers the ability to easily compare ticket prices. «JetBlue is trying to force customers to book tickets on its website where the lack of price comparison with fares from other airlines will allow JetBlue to raise ticket prices for price-sensitive travelers,» said Frederick Stein, Fareportal’s Chief Legal & Compliance Officer.

As of Jan. 5, 2021, JetBlue has forced Fareportal to remove its flight and pricing information from the Fareportal websites including CheapOair, the largest flight-focused OTA. JetBlue previously blocked a dozen other OTAs from displaying JetBlue content to customers as part of «JetBlue’s strategy to turn back the clock» and «return to the old days, before OTAs, when airline content was hidden,» which made it difficult for travelers to compare services and fares.

The complaint goes on to detail that JetBlue will move to making higher profits from the ticket price increases by eliminating comparison shopping. The complaint states that JetBlue knows that its dominance in certain markets will force consumers to book through its website, with examples of markets in which the airline has a dominant presence including New York, Fort Lauderdale, Orlando, Boston, Los Angeles, and San Juan, Puerto Rico.

The lawsuit states that JetBlue is funding its anti-competitive strategy using COVID-19 relief funds by having «American taxpayers unwittingly fund its scheme to deprive them of the information they need to comparison shop.» The suit further notes that «JetBlue is also prepared to suffer short-term losses because it is using taxpayer dollars to defray them» by «taking handouts from American taxpayers in the form of COVID relief. JetBlue is already set to receive over $685 million in direct support from American taxpayers and up to $1.14 billion in loans from the U.S. Treasury under the CARES Act and is poised to receive even more.»

About Fareportal  
Fareportal is a travel technology company powering a next-generation travel concierge service. Utilizing its innovative technology and company owned and operated global contact centers, Fareportal has built strong industry partnerships providing customers access to over 600 airlines, a million hotels, and hundreds of car rental companies around the globe. With a portfolio of consumer travel brands including CheapOair and OneTravel, Fareportal enables consumers to book online, on mobile apps for iOS and Android, by phone, or live chat. Fareportal provides its airline partners with access to a broad customer base that books high-yielding international and domestic flight, hotel and other travel and add-on ancillaries. 

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SOURCE Fareportal