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The Online Gambling market in France has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends, and local special circumstances.
Customer preferences: French consumers have shown a growing interest in online gambling, with a significant shift towards digital platforms. This can be attributed to the convenience and accessibility offered by online gambling websites and mobile applications. Additionally, the younger generation, who are more tech-savvy, are increasingly engaging in online gambling activities.
Trends in the market: One of the key trends in the French online gambling market is the increasing popularity of sports betting. With a strong sports culture and a passionate fan base, French consumers are drawn to the excitement and potential rewards of betting on their favorite sports events. This trend is further fueled by the availability of live streaming and real-time updates, enhancing the overall betting experience. Another trend in the market is the rise of online casino games. French consumers are showing a growing interest in virtual slot machines, poker, and other casino games, as they offer a realistic and immersive gaming experience. The availability of a wide range of games and attractive bonuses and promotions also contribute to the popularity of online casinos.
Local special circumstances: The French online gambling market is heavily regulated, with strict laws and regulations in place to ensure consumer protection and prevent illegal activities. The regulatory framework provides a sense of security for consumers, increasing their trust and confidence in online gambling platforms. This has played a crucial role in the growth of the market, as consumers feel more comfortable engaging in online gambling activities.
Underlying macroeconomic factors: The overall growth of the French economy has also contributed to the development of the online gambling market. As disposable incomes increase, consumers have more discretionary spending power, which they are willing to allocate towards leisure activities such as online gambling. Additionally, the proliferation of smartphones and the widespread availability of high-speed internet have made online gambling more accessible to a larger segment of the population. In conclusion, the Online Gambling market in France is experiencing significant growth due to changing customer preferences, emerging trends, and local special circumstances. The increasing popularity of sports betting and online casino games, along with the strict regulatory framework and favorable macroeconomic factors, have created a conducive environment for the development of the market. As technology continues to advance and consumer behavior evolves, the online gambling market in France is expected to further expand in the coming years.
Data coverage:
The data encompasses B2C enterprises. Figures are based on Gross Gambling Revenue (GGR) and represent what consumers pay for these products and services.Modeling approach:
Market size is determined through a Top-Down approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global survey), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, number of internet users, and internet consumption.Forecasts:
We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is reweighted for representativeness.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)