By the early 2000s, several more sites had emerged, and the online poker market was starting to take shape.
The first online poker site was launched in the late 1990s, and it was an instant hit with players. In terms of revenue, the global online poker market size was valued at around USD 86.2 billion in 2022 and is projected to reach USD 237.5 billion, by 2030. In this article, we will take a closer look at the online poker market, its growth over the years, and its future prospects. What was once a niche market has now become a multi-billion dollar industry, with millions of players around the world participating in cash games, tournaments, and other online events every day. Online poker has come a long way since its inception in the late 1990s. What is/are Online Poker? How big is the Online Poker Industry? “According to the latest research study, the demand of global Online Poker Market size & share in terms of revenue was valued at USD 86.2 Billion in 2022 and it is expected to surpass around USD 237.5 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 13.5% during the forecast period 2023 to 2030.” Zion Market Research Zion Market ResearchĪlexandria, VA, Ma(GLOBE NEWSWIRE) - Zion Market Research has published a new research report titled “Online Poker Market By Device Type (Mobile And Desktop), By End-User (Gambling Enthusiasts, Dabblers, And Social Exuberant) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database. Internet users continue to grow too, with the latest data indicating that the world’s connected population grew by close to 100 million users in the 12 months to January 2023. Similarly, according to the same source, by the beginning of 2023, 5.16 billion people will be using the internet worldwide, or 64.4 percent of the world's population. The number of cellular connections connected to smartphones is growing, and the most recent statistics show that smartphones now make up about 4 in 5 of the mobile phones currently in use worldwide. For instance, according to the GSMA, a mobile phone is now used by more than two-thirds of the world's population, with 5.44 billion "unique" mobile users in January 2023.
Worldwide Online Poker Market Size Is Predicted to Surpass Around $237.5 Billion by 2030, Rising At a Compound Annual Growth Rate (CAGR) of 13.5% | Latest Global Analysis by Zion Market Research The increasing adoption of smartphones and rising internet penetration is expected to drive the growth of the market during the forecast period.
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