Online Gambling - Austria

  • Austria
  • Revenue in the Online Gambling market is projected to reach US$683.90m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.22%, resulting in a projected market volume of US$840.90m by 2029.
  • The Online Casinos market has a projected market volume of US$326.20m in 2024.
  • In global comparison, most revenue will be generated in the United States (US$24,980.00m in 2024).
  • The average revenue per user (ARPU) in the Online Gambling market is projected to amount to US$0.89k in 2024.
  • In the Online Gambling market, the number of users is expected to amount to 920.1k users by 2029.
  • User penetration in the Online Gambling market will be at 8.6% in 2024.
 
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Analyst Opinion

The Online Gambling market in Austria has been experiencing significant growth in recent years, driven by changing customer preferences and favorable local special circumstances. Customer preferences have played a crucial role in the development of the Online Gambling market in Austria. With the advancement of technology and the widespread use of smartphones and tablets, more and more Austrians are turning to online platforms for their gambling needs. The convenience and accessibility of online gambling platforms have attracted a larger customer base, including younger generations who are more comfortable with digital platforms. Additionally, the availability of a wide range of online gambling options, including casino games, sports betting, and poker, has further contributed to the growth of the market. In terms of trends, the Online Gambling market in Austria has witnessed a shift towards mobile gambling. The increasing penetration of smartphones and the availability of high-speed internet connections have made it easier for customers to access online gambling platforms on their mobile devices. This trend is expected to continue as mobile technology continues to advance and become more integrated into people's daily lives. Another trend in the market is the rise of live dealer games. Live dealer games provide a more immersive and interactive gambling experience, allowing players to interact with real dealers and other players in real-time. This trend has gained popularity in Austria as it combines the convenience of online gambling with the social aspect of traditional brick-and-mortar casinos. Local special circumstances have also contributed to the growth of the Online Gambling market in Austria. The country has a well-regulated gambling industry, with strict licensing and regulation requirements. This has created a sense of trust and security among customers, making them more willing to engage in online gambling activities. Additionally, the Austrian government has implemented measures to protect consumers from problem gambling, such as self-exclusion programs and responsible gambling initiatives. These efforts have further enhanced the reputation of the online gambling industry in Austria and attracted more customers. Underlying macroeconomic factors have also played a role in the development of the Online Gambling market in Austria. The country has a strong economy and a high standard of living, which has led to increased disposable income among the population. This, coupled with the desire for entertainment and leisure activities, has contributed to the growth of the online gambling market. In conclusion, the Online Gambling market in Austria has experienced significant growth due to changing customer preferences, including the shift towards mobile gambling and the popularity of live dealer games. The country's well-regulated gambling industry, local special circumstances, and underlying macroeconomic factors have also contributed to this growth. As technology continues to advance and customer preferences evolve, the market is expected to continue expanding in the coming years.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Gambling Revenue (GGR) and represent what consumers pay for these products and services.

Modeling approach:

Market size is determined through a Top-Down approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global survey), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, number of internet users, and internet consumption.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is reweighted for representativeness.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
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