US lottery market grows over $ 20 billion During 2020-2024 | Increased adoption of marketing strategies to increase growth

NEW YORK, July 28, 2021 / PRNewswire / –

Technavio has announced its latest market research report entitled Lottery Market in US by Type and Platform - Forecast and Analysis 2020-2024

Technavio has announced its latest market research report entitled Lottery Market in US by Type and Platform – Forecast and Analysis 2020-2024

Technavio has been monitoring the lottery market in the US and it is ready to grow with USD 20.62 billion in 2020-2024 and develops with a CAGR of 5% in the forecast period. The report offers an updated analysis of the current market scenario, the latest trends and drivers and the overall market environment.

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The market is fragmented and the degree of fragmentation will accelerate during the forecast period. Arizona Lottery, Connecticut Lottery Corp., Florida Lottery, INTERNATIONAL GAME TECHNOLOGY PLC, New York State The Gaming Commission, Pennsylvania Lottery, Pollard Banknote Ltd., Scientific Games Corp., Texas Lottery Commission and California State Lottery are some of the largest market participants. Although the growing adoption of marketing strategies will offer enormous growth opportunities, the socio-economic impact of lotteries will challenge the growth of market participants. To get the most out of the opportunities, market makers should focus more on the growth prospects of the fast-growing segments while maintaining their positions in the slow-growing segments.

Lottery Market in the USA 2020-2024: Segmentation

The lottery market in the USA is segmented as below:

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Related reports on consumer estimates include:
Global lottery market
– The global lottery market is divided by type (terminal-based games, scratch-off games and sports lotteries), platform (offline and online) and geography (APAC, Europe, North America, MEA and South America).
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Lottery Market i North America Lottery market in North America is divided by type (scratch-off games, terminal-based games and sports lotteries), platform (traditional and online) and geography (USA, Canadaand Mexico).
Download exclusive free trial report

Lottery Market in the USA 2020-2024: Scope

Technavio presents a detailed picture of the market using research, synthesis and summation of data from multiple sources. Our lottery market in the US report covers the following areas:

  • Lottery market in American size

  • Lottery market in US trends

  • Lottery market in US industry analysis

This study identifies the high penetration of smartphones as one of the main reasons to drive the lottery market in us growth in the next few years.

Lottery Market in the USA 2020-2024: Vendor Analysis

We provide a detailed analysis of about 25 suppliers operating in the US lottery market, including some of the suppliers, such as suppliers Supported by competitive intelligence and benchmarking, our research reports on the US lottery market are designed to provide access support, customer profile and M & As. go-to-market strategy support.

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Lottery Market in the USA 2020-2024: Key Highlights

  • CAGR of the market in the forecast period 2020-2024

  • Detailed information on factors that will help the growth of the lottery market in the next five years

  • Estimates of the market size of the lottery and its contribution to the parent market

  • Predictions about future trends and changes in consumer behavior

  • Growth in the lottery market in the United States

  • Analysis of the market’s competitive landscape and detailed information on suppliers

  • Comprehensive details on factors that will challenge the growth of lottery market providers

Table of Contents:

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market size

Five strength analysis

Market division by type

  • Market segments

  • Comparison by type

  • Scratch-off games – Market size and forecast 2019-2024

  • Terminal-based games – Market size and forecast 2019-2024

  • Sports lotteries – Market size and forecast 2019-2024

  • Market opportunity by type

Market division by platform

  • Market segments

  • Comparison by platform

  • Traditional – Market size and forecast 2019-2024

  • Online – Market size and forecast 2019-2024

  • Market opportunity by platform

Customer landscape

Supplier landscape

  • Overview

  • Landscape disturbance

Supplier analysis

  • Suppliers covered

  • Market positioning of suppliers

  • Arizona lottery

  • Connecticut Lottery Corp.

  • Florida lottery

  • INTERNATIONAL GAME TECHNOLOGY PLC

  • New York State Gaming Commission

  • Pennsylvania lottery

  • Pollard Banknote Ltd.

  • Scientific Games Corp.

  • Texas Lottery Commission

  • California State Lottery

Appendix

About us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies 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 counts covering 800 technologies spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research and action-oriented market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
USA: +1844364 1100
United Kingdom: +44203889 3200
Email: media@technavio.com
Website: www.technavio.com/
Report: www.technavio.com/report/lottery-market-in-us-industry-analysis
Newsroom: newsroom.technavio.com/news/lottery-market

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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