How big is the online poker gambling market?
The online gambling market is growing by 10-20% as a moving average which is contributing to business value approx. 7-8 billion.
The online poker gambling market is a significant part of the global online gambling industry. According to a report by Statista, the global online gambling market was valued at USD 66.72 billion in 2020 and is projected to reach USD 158.2 billion by 2028, growing at a CAGR of 11.4% during the forecast period.
While it's challenging to estimate the exact size of the online poker gambling market, it's estimated that online poker makes up a significant portion of the global online gambling industry. In 2020, the online poker market was valued at approximately USD 6.77 billion, with a projected compound annual growth rate of 11.5% from 2021 to 2027, according to a report by Grand View Research.
The growth of the online poker gambling market is being driven by several factors, including increasing internet and smartphone penetration, the availability of easy-to-use online poker platforms, and the legalization of online poker in several countries. However, it's important to note that online gambling regulations and restrictions vary by country, which can affect the growth and size of the online poker gambling market in different regions.
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