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DIGITALIZATION: FROM ECOMMERCE TO ONLINE GAMING

The early days of ecommerce can be traced back decades, sluggish until the 2000s, then accelerating rapidly over the last 10-plus years. Online gaming is on a similar trajectory.

  • According to Grandview Research, global revenue in iGaming will grow at a CAGR of 11.94% from $75 billion in 2021 to reach $127.3 billion by 2027.
  • Playgon is disrupting the $6 billion live-dealer casino oligopoly with its mobile-first, streaming, high-definition platform.

The online gaming industry, also known as iGaming, is of global scale and currently generates an estimated $75 billion in annual revenue.  According to Grandview Research, revenue will grow at a CAGR of 11.94% between 2021—2026 to reach $127.3 billion by 2027.  The surging growth is undergirded by a number of factors, including the COVID-19 pandemic, technology advancements, increasing and rapidly evolving regulations, and booming consumer demand.

For detailed report,  Read : https://www.prnewswire.com/news-releases/digitization-reshaped-ecommerce-first-now-moving-to-online-gaming-301440886.html

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