The Australian casino mobile app market was valued at $0.91 million in 2016, growing at a CAGR of 15% during the forecast period (2016–2021). The growth can be attributed to the increasing penetration of smartphones and tablets among Australian mobile users.
According to https://aucasinoonline.com , online casinos in Australia, which offer mobile applications, is a niche segment of the online gaming industry, where players can wager with real money on games such as poker, roulette, blackjack, or slots. It was estimated to be worth $0.54 billion in 2016, growing at a CAGR of 11% during the forecast period (2016–2021).
Australian casino operators embrace online games due to an increasing preference for mobile gambling over traditional means such as land-based casinos or betting shops. Australian casinos are looking to generate revenue from the growing number of smartphone users in Australia who prefer playing games on their mobiles. The increasing demand for mobile casino applications, especially among younger players, drives Australian casino operators to offer apps for customers.
Australian Mobile Gambling Applications Market at a Glance report
The report provides a comprehensive analysis of the market. It highlights important aspects of the Australian Casinos Mobile Applications Market and its dynamics, such as key segments, trends, technological developments, and competitive landscape. The study presents detailed insights into drivers and restraints for all five regions (along with their sub-segments). It provides a comprehensive analysis of the market potential for each segment in all five parts during the forecast period. The report will provide a comprehensive analysis of the Australian casino mobile apps market. It is expected that this report will help companies operating in this market identify potential business opportunities and support them besides comprehending competitive developments such as strategic alliances, mergers & acquisitions, new product launches, etc. These are likely key strategies for participants in the Australian casino mobile apps market.
Australian Online Casino market
Online Casinos in Australia, offering mobile applications, are presented at a glance is a recent report by QY Research that provides an in-depth analysis of the emerging industry trends, key growth drivers, and restraints. The study covers the Australian Casino market size & forecasts till 2020. In addition, it analyses factors influencing demand for mobile applications in the Australian casino sector from the perspective of both end-users and the industry.
Australian Mobile Gambling at a Glance is an extensive research report outlaying growth prospects across the Australian Casino market for 2016 to 2020. The study covers vital technological improvements in this business, recent product innovations, profiles of top players in this arena, and their competitive landscape on a global and regional scale.
The number of mobile casino application developers by platform (iOS, Android) The market for Australian casino mobile applications is overgrowing with a CAGR [_70%_] from [20%]. In terms of revenue, the global market size was estimated to be around 0.00 million in 2016 and should reach approximately 10.00 million by the end of 2023. The main reason behind this growth can be attributed to the increasing consumer preference for mobile devices over desktop computers for playing casino games online. One of the major drivers is that most people carry their smartphones everywhere they go, which means they can always access apps and play at any time.
Growth Index
Mobile Applications are playing a pivotal role in promoting online gambling. The internet has changed the way people gamble, with players looking for more immersive experiences on their mobile devices, and casinos have embraced this technology to reach new audiences. Online casino games can be played from anywhere around the world as long as you have access to an Internet connection through your smartphone. This is a crucial reason for the growing popularity of mobile casinos and casino apps. The Australian market has witnessed the increasing adoption of online gambling, especially smartphones, with many players preferring to play from their devices.
The Australian casinos market is expected to grow at a CAGR of over % within the forecast period. The growth can be attributed to the increasing penetration of smartphones, rising disposable income, and increasing social media platforms in Australia.
Key Players: Aristocrat Leisure Limited, Crown Resorts Ltd., VGC Holdings PLC, Ladbrokes Coral Group, The Star Entertainment Group Limited.
- According to a new market report published by Credence Research, Inc. “Australian Casinos Mobile Applications Market – Growth, Share, Opportunities & Competitive Analysis,” the revenue generated from mobile applications in Australia is expected to register significant growth over the forecast period.
- The report segments the Australian mobile applications market based on type, components, and geography, including navigation & maps, payments & wallet services, entertainment & media, utilities & social networking, among others. Navigation and map-based applications are expected to be the largest segment accounting for one-third of revenue in 2016.
- The report also includes an in-depth analysis of the market with regards to revenue generated by each segment and other parameters such as demand & supply-side factors that are expected to influence the growth of this market over the next six years, along with a detailed qualitative and quantitative valuation of industry trends, competitor landscape and vendor profiles which provide insights about the competitive landscape present in this market.
- Key Findings: The Australian mobile applications market is expected to register significant growth over the forecast period with revenue of US$10Mn by 2022 as compared to US$5Mn in 2016 & Mobile payments and wallet services are estimated to account for one-fourth share of the overall industry value on an annual basis.
- Fundamental Market Movements: The growing penetration of smartphones and internet connectivity is expected to remain a key trend in this market over the forecast period along with growth witnessed by social media platforms such as Facebook, Twitter & LinkedIn, among others which will result in increased usage of mobile applications for performing transactions via these platforms.
- Regional Analysis: The report segments the Australian mobile applications market based on geography into New South Wales, Victoria, and Queensland, among others. New South Wales is expected to remain dominant in terms of revenue generated from this industry over the next six years owing to the increasing population, which will drive demand for these applications and increased penetration of smartphones & internet connectivity.
- Competitive Analysis: The report includes a detailed analysis of the key market players present in this industry which include.
- Company profiles have been included to provide insights about various companies’ financials, products & services, and recent developments. Some of the top vendors profiled are as follows:
- Adobe Systems Incorporated.
Research Methodology
The research methodology adopted for the market study is extensive which involves both primary and secondary data sources to gain a holistic view of this industry. In addition to this, an in-house analysis has been carried out on factors such as market dynamics and trends, industry growth drivers & challenges, among others that would impact this market over the forecast period.
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