China Online Gambling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

China Online Gambling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A3765
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Market Overview:

The China online gambling market size reached US$ 9.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 14.7 Billion by 2027, exhibiting a growth rate (CAGR) of 7.4% during 2022-2027.

Online gambling refers to the activity of placing bets on casinos and other sports-based activities via the internet. The process of online gambling does not involve any physical interaction among the players as computer programs moderate the session. Online gambling includes games like sports betting, blackjack, poker, roulette, and slot machines, which can be accessed through a website or downloaded with the help of gambling software on one’s computer. Online gambling has gained immense traction in China as it is easily accessible through any smart device, involves cashless transactions, provides a real-time gambling experience, and offers a customizable budget to players.

The China online gambling market is primarily driven by the legalization of online betting in the country. The Government has implemented new laws and regulations for monitoring online poker, casinos and sports betting enterprises. The increasing access to the internet and rapid urbanization have also resulted in the growing interactions of consumers with domestic and international gambling websites and mobile applications. Moreover, the coronavirus disease (COVID-19) outbreak across the country has increased the demand for online gambling as a medium of entertainment while maintaining COVID-19 protocols like social distancing. This has also resulted in a significant shift from traditional land-based betting toward the digital world of gambling.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the China online gambling market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on game type and device.

Breakup by Game Type:

  • Sports Betting
    • Football
    • Horse Racing
    • E-Sports
    • Others
  • Casino
    • Live Casino
    • Baccarat
    • Blackjack
    • Poker
    • Slots
    • Others
  • Others
     

Breakup by Device:

  • Desktop
  • Mobile
  • Others
     

Breakup by Region:

  • North and Northeast
  • Northwest
  • East
  • South Central
  • Southwest
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Game Type, Device, Region
Region Covered North and Northeast, Northwest, East, South Central, Southwest
Customization Scope 10% Free Customization
Report Price and Purchase Option

Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the China online gambling market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the China online gambling market?
  • What are the key regional markets?
  • What is the breakup of the market based on the game type?
  • What is the breakup of the market based on the device?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the China online gambling market and who are the key players?
  • What is the degree of competition in the industry?

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China Online Gambling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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