Lottery Market in Us 2024-2028
Global Lottery Market In US 2024-2028
The lottery market in us is forecasted to grow by USD 43 bn during 2023-2028, accelerating at a CAGR of 6.79% during the forecast period. The report on the lottery market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of marketing strategies to increase ticket sales, high penetration of smartphones, and growing popularity of lottery due to low adoption cost and easy availability.
Technavio's lottery market in us is segmented as below:
By Type
- Scratch-off games
- Terminal-based games
- Sports lotteries
By Platform
By Geographical Landscape
This study identifies the emergence of advanced technologies as one of the prime reasons driving the lottery market in us growth during the next few years. Also, growing use of lottery money for good cause and growing focus on ensuring security of lotteries will lead to sizable demand in the market.
The report on the lottery market in us covers the following areas:
- Lottery market in us sizing
- Lottery market in us forecast
- Lottery market in us industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lottery market in us vendors that include Arizona Lottery, Connecticut Lottery Corp., Florida Lottery, Illinois Lottery, International Game Technology plc, New York State Gaming Commission, Pennsylvania Lottery, Pollard Banknote Ltd., Scientific Games LLC, and Texas Lottery Commission. Also, the lottery market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.