SAN FRANCISCO, June 29, 2022 / PRNewswire / – A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “VR Gambling – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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Edition: 6; Released: January 2022
Executive Pool: 433
Companies: 44 – Players covered include 888 Holdings; GVC Holdings; Kindred Group; Oculus; Paddy Power Betfair; SlotsMillion; UploadVR; VRFocus; 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 Rest of Europe); Asia-Pacific; Rest of World.
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Global VR Gambling Market to Reach $ 36.5 Billion by 2026
Amid the COVID-19 crisis, the global market for VR Gambling estimated at US $ 10.4 Billionis projected 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 projected to record a 22.7% CAGR and reach US $ 42.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Segments segment is readjusted to a revised 31.1% CAGR for the next 7-year period.
The US Market is Estimated at $ 4 Billion in 2021, While China is Forecast to Reach $ 6.4 Billion by 2026
The VR Gambling market in the US is estimated at US $ 4 Billion in the year 2021. Chinathe world`s second largest economy, is forecast to reach a projected market size of US $ 6.4 Billion by the year 2026 trailing a CAGR of 22.4% over the analysis period. Among the other noteworthy geographic markets are Japan spirit Canada, each forecast to grow at 20.4% and 19.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 16.1% CAGR. Amuse
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SOURCE Global Industry Analysts, Inc.