LONDON--(BUSINESS WIRE)--Technavio has been monitoring the lottery market and it is poised to grow by $ 220.52 billion during 2020-2024, progressing at a CAGR of almost 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. California State Lottery, Camelot UK Lotteries Ltd., China LotSynergy Holdings Ltd., Florida Lottery, International Game Technology Plc, INTRALOT SA, Lotto NZ, New York State Gaming Commission, Scientific Games Corp., and The Hong Kong Jockey Club are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Adoption of social media marketing for promoting lottery has been instrumental in driving the growth of the market. However, the socio-economic impact of lotteries might hamper market growth.
Lottery Market 2020-2024 : Segmentation
Lottery Market is segmented as below:
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Lottery Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our lottery market report covers the following areas:
This study identifies the growing use of lottery money for different causes as one of the prime reasons driving the lottery market growth during the next few years.
Lottery Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the lottery market, including some of the vendors such as California State Lottery, Camelot UK Lotteries Ltd., China LotSynergy Holdings Ltd., Florida Lottery, International Game Technology Plc, INTRALOT SA, Lotto NZ, New York State Gaming Commission, Scientific Games Corp., and The Hong Kong Jockey Club. Backed with competitive intelligence and benchmarking, our research reports on the Lottery Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Lottery Market 2020-2024 : Key Highlights
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY TYPE
PART 07: MARKET SEGMENTATION BY PLATFORM
PART 08: MARKET SEGMENTATION BY DEVICE
PART 09: CUSTOMER LANDSCAPE
PART 10: GEOGRAPHIC LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
PART 17: EXPLORE TECHNAVIO
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