Enjoy complimentary customisation on priority with our Enterprise License!
The online lottery market size is forecast to increase by USD 15.71 billion at a CAGR of 9.45% between 2023 and 2028. The market is witnessing significant growth due to several key trends and drivers. The increasing reach of digital platforms, particularly social media, is enabling lottery operators to expand their customer base and attract more players. The emergence of a mobile-first approach, driven by high smartphone penetration and convenience, is leading to a rise in mobile application downloads and footfalls on lottery websites. However, the market also faces challenges such as the threat of cybercrime and concerns about the potential for addiction. Despite these challenges, the convenience and comfort offered by online lottery platforms continue to make them an attractive option for many players. The market is expected to grow steadily, driven by these trends and the continued acceptance of digital platforms for purchasing lottery tickets.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Platform
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.