|The Online Gambling Market Research Handbook has been released with some interesting thoughts on the future of the gaming sector.|
The handbook is designed to provide an expanded understanding of the online gambling industry. It provides information on market development strategies and competitor analysis, consumer trends and independent market data.
The report shows that the increase in the number of online gamers will continue to grow in accordance with the rapid escalation of people accessing the Internet. According to Bear Stearns, online gaming was expected to exceed $8 billion in revenue by 2002. Datamonitor predicted online gaming’s worth at $6.5 billion in 2002, reaching $8.25 billion in 2003 and $11 billion in 2004. It is now expected to reach $125 billion by 2015.
It is also predicted online gambling turnovers could potentially dwarf those of other Internet services by tapping into an existing market valued at more than $700 billion in Europe and across the U.S. alone.