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Global Lottery Market 2018-2022 | Growing Promotion of Lottery through Social Media to Boost Growth | Technavio

November 18, 2019 GMT
Global Lottery Market 2018-2022 | Growing Promotion of Lottery through Social Media to Boost Growth | Technavio
Global Lottery Market 2018-2022 | Growing Promotion of Lottery through Social Media to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Nov 18, 2019--

The global lottery market is expected to post a CAGR of nearly 10% during the period 2018-2022, according to the latest market research report by Technavio. Request a free sample report

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Technavio has announced its latest market research report titled global lottery market 2018-2022 (Graphic: Business Wire)

Different price ranges, low to high, are assigned to a variety of games and tickets in lottery market which varies from one ticket to another. The rewards are of two types, physical goods as well as monetary benefits. Such benefits and high return on low investment attracts a large group of individuals. This is expected to drive the market during the forecast period.`

To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR20998

As per Technavio, the increasing promotion of lottery through social media, will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2018-2022.

Global Lottery Market: Growing Promotion of Lottery through Social Media

Lottery companies as well as winners share lottery wins on social networking websites, encouraging people to purchase lottery tickets. In a few instances, certain profiles on Twitter have garnered popularity after posts featuring winners. This has prompted the lottery companies to leverage social networking websites. Thus, promoting the sales of lottery tickets through social media is likely to support the growth of the market during the forecast period.

“The easing of government regulations and the rising number of online women gamblers are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.

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Global Lottery Market: Segmentation Analysis

This market research report segments the global lottery market by type (terminal-based games, scratch-off games, and sport lotteries), platform (traditional and online), device (mobile and desktop), and geographical regions (APAC, Americas, and EMEA).

The APAC region will witness the highest incremental growth during the forecast period of 2018-2022. This is due to the developing infrastructure and increased foreign investment, along with easing of government regulations and policies in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191118005342/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: CASINO/GAMING OTHER SPORTS SPORTS ENTERTAINMENT ONLINE COMMUNICATIONS MOBILE ENTERTAINMENT OTHER ENTERTAINMENT SOCIAL MEDIA

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/18/2019 06:30 AM/DISC: 11/18/2019 06:30 AM

http://www.businesswire.com/news/home/20191118005342/en