Global mobile gambling market to grow 19% in 2021: Technavio

The future of global mobile gambling looks bright as analysts expect the market to grow by 19 percent in 2021.

In its latest research, Technavio pointed out that betting remains to be the go-to game of mobile gamblers, taking up 54 percent of the market share in 2016.

The research firm, which analyzed the business dimensions of wagering, casino, poker, and lottery, also reported that the growth of the global gambling market will be fueled by gambling enthusiasts who are extremely passionate about gaming.

In 2016, Technavio noted that 73 percent of mobile gambling users were gambling enthusiasts, followed by “social exuberant and dabblers.”