The Online Gambling market in Northern Africa is experiencing steady growth and development, driven by changing customer preferences, emerging trends, and local special circumstances. Customer preferences in the Online Gambling market in Northern Africa are shifting towards convenience and accessibility. With the increasing penetration of smartphones and the internet, more people are opting for online gambling platforms that allow them to play anytime and anywhere. Additionally, the younger generation is showing a greater interest in online gambling, as they are more tech-savvy and open to new forms of entertainment. Trends in the market indicate a rise in the popularity of mobile gambling apps and live dealer games. Mobile gambling apps provide a seamless and user-friendly experience, allowing players to access a wide range of games on their smartphones. Live dealer games, on the other hand, offer a more immersive and interactive experience, bridging the gap between land-based and online casinos. These trends are driving the growth of the Online Gambling market in Northern Africa, as they cater to the evolving preferences of the customers. Local special circumstances also play a significant role in the development of the Online Gambling market in Northern Africa. In some countries in the region, traditional gambling is heavily regulated or even prohibited. This creates a demand for online gambling platforms that provide an alternative for people who want to engage in gambling activities. Additionally, the lack of physical casinos in certain areas makes online gambling the only viable option for individuals interested in gambling. Underlying macroeconomic factors, such as economic growth and increasing disposable income, also contribute to the development of the Online Gambling market in Northern Africa. As the economy improves and people have more money to spend on leisure activities, the demand for online gambling services increases. Moreover, the COVID-19 pandemic has further accelerated the growth of the online gambling market, as people turned to online platforms for entertainment during lockdowns and restrictions. In conclusion, the Online Gambling market in Northern Africa is experiencing growth and development due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The shift towards convenience and accessibility, the rise of mobile gambling apps and live dealer games, the demand for alternatives to traditional gambling, and the impact of macroeconomic factors are all contributing to the expansion of the market in the region.
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.
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