Online Lottery - EU-27

EU-27

Highlights

Revenue in the Online Lottery market is projected to reach US$5.73bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.05%, resulting in a projected market volume of US$7.33bn by 2029.
In the Online Lottery market, the number of users is expected to amount to 7.3m users by 2029.
User penetration will be 1.4% in 2024 and is expected to hit 1.8% by 2029.
The average revenue per user (ARPU) is expected to amount to US$1.02k.
In global comparison, most revenue will be generated United States (US$4.39bn in 2024).
With a projected rate of 6.5%, the user penetration in the Online Lottery market is highest South Korea.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Lottery market in EU-27 has been experiencing significant growth in recent years, driven by changing customer preferences and the increasing availability of online platforms.

Customer preferences: The convenience and accessibility of online lottery platforms have made them increasingly popular among customers in the EU-27. With the ability to participate in lottery games from the comfort of their own homes, customers no longer need to visit physical lottery retailers. This has attracted a new segment of customers who may have been hesitant to participate in traditional lottery games. Additionally, online platforms offer a wider range of lottery games, providing customers with more options and increasing their overall engagement.

Trends in the market: One of the key trends in the online lottery market in the EU-27 is the adoption of mobile platforms. With the widespread use of smartphones and tablets, customers are increasingly using these devices to participate in lottery games. Mobile apps and optimized websites provide a seamless and user-friendly experience, allowing customers to play lottery games on the go. This trend is expected to continue as mobile technology continues to advance and more customers embrace mobile platforms. Another trend in the market is the introduction of innovative lottery games. Online platforms have the flexibility to offer a wide variety of games, including instant win games, scratch cards, and virtual sports betting. These new game formats attract a younger demographic and provide a more engaging and interactive experience for players. The introduction of innovative games is expected to drive further growth in the online lottery market in the EU-27.

Local special circumstances: Each country within the EU-27 has its own regulations and policies regarding online lottery. Some countries have fully legalized and regulated online lottery, while others have more restrictive policies. These local circumstances can impact the growth and development of the online lottery market in each country. For example, countries with more favorable regulations may see higher levels of participation and investment in online lottery platforms.

Underlying macroeconomic factors: The overall economic growth and stability of the EU-27 region play a significant role in the development of the online lottery market. When the economy is strong, customers have more disposable income to spend on leisure activities such as lottery games. Additionally, a stable economy can attract investment in online lottery platforms, leading to further growth and innovation in the market. In conclusion, the online lottery market in the EU-27 is experiencing growth due to changing customer preferences, the adoption of mobile platforms, and the introduction of innovative games. Local regulations and the overall economic conditions of each country within the EU-27 also play a role in shaping the market. As technology continues to advance and more customers embrace online platforms, the online lottery market in the EU-27 is expected to continue its upward trajectory.

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.