Market Insights Digital eServices Online Gambling

Online Lottery - Slovenia

Slovenia

Revenue in the Online Lottery market is projected to reach €56.75m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 4.92%, resulting in a projected market volume of €68.77m by 2028.
In the Online Lottery market, the number of users is expected to amount to 37.3k users by 2028.
User penetration will be 1.4% in 2024 and is expected to hit 1.8% by 2028.
The average revenue per user (ARPU) is expected to amount to €1.91k.
In global comparison, most revenue will be generated in the United States (€5,270.00m in 2024).
With a projected rate of 6.5%, the user penetration in the Online Lottery market is highest in South Korea.

Key regions: Asia, Japan, South Korea, United States, Europe

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Online Lottery market in Slovenia has been experiencing significant growth in recent years, driven by several key factors. Customer preferences have shifted towards online platforms for convenience and accessibility, while local special circumstances and underlying macroeconomic factors have also played a role in the market's development.

Customer preferences: In Slovenia, as in many other countries, customers have increasingly turned to online platforms for their lottery needs. The convenience of being able to participate in lottery games from the comfort of their own homes, at any time of day, has greatly appealed to customers. Online lottery platforms also offer a wider variety of games and larger jackpots, which has further attracted customers to this form of gambling.

Trends in the market: One of the key trends in the Online Lottery market in Slovenia is the increasing popularity of mobile lottery apps. With the proliferation of smartphones and the growing preference for mobile usage, many customers now prefer to play lottery games on their mobile devices. This trend has been further fueled by the development of user-friendly and secure mobile apps that offer a seamless and engaging experience. Another trend in the market is the introduction of innovative lottery games and features. Online lottery operators are constantly looking for ways to differentiate themselves and attract new customers. This has led to the introduction of games with unique themes, interactive features, and special promotions. These innovations have helped to keep customers engaged and excited about playing the lottery online.

Local special circumstances: Slovenia has a relatively small population compared to other countries, which creates a unique market dynamic for the Online Lottery industry. With a smaller customer base, online lottery operators have had to focus on providing a high-quality and personalized experience to attract and retain customers. This has led to the development of localized websites and customer support services in the Slovenian language, which has helped to build trust and loyalty among customers.

Underlying macroeconomic factors: The Online Lottery market in Slovenia has also been influenced by underlying macroeconomic factors. The country has experienced steady economic growth in recent years, which has contributed to an increase in disposable income and consumer spending. As a result, more customers have been able to afford to participate in online lottery games and are willing to spend money on entertainment and leisure activities. Furthermore, the relatively low unemployment rate in Slovenia has also had a positive impact on the Online Lottery market. With more people in stable employment, there is a greater willingness to take part in online gambling activities, including playing the lottery. This has contributed to the growth of the market and the increasing number of online lottery players in the country. In conclusion, the Online Lottery market in Slovenia has been developing rapidly due to a shift in customer preferences towards online platforms, the introduction of innovative games and features, local special circumstances, and underlying macroeconomic factors. As the market continues to evolve, online lottery operators will need to adapt and innovate to meet the changing needs and preferences of customers in Slovenia.

Methodology

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. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies, and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, the urban population, the usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.