Poker Market Report 2024 (Global Edition)

Global Poker Market Report 2024 Market Size Split by Type (Cardboard Poker, Plastic Poker, Digital Poker, Others), by Application (Entertainment, Casino, Others), by Mode (Online, Offline), by End-Use...

Poker Market Report Description

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Poker Market Insights Video

Competitive Landscape of the Poker Market

The poker market features a competitive landscape with major players including PokerStars (Isle of Man), 888poker (Gibraltar), partypoker (UK), and GGPoker (Ireland). These companies dominate the online segment, offering various game formats and high-profile tournaments. Traditional casino giants like Caesars Entertainment (USA) and MGM Resorts (USA) also play significant roles, leveraging their physical presence and online platforms. Continuous technological advancements and regulatory changes further shape competition, driving innovation and strategic partnerships within the industry.

June 2023: Groupe Partouche and Betsson AB have joined forces to introduce online casino services in Belgium. This partnership combines Groupe Partouche's strong presence in the traditional casino sector with Betsson's expertise in online gaming, creating attractive online casino options tailored specifically for the Belgian market. (Source: https://www.globenewswire.com/news-release/2023/06/15/2688589/0/en/Groupe-Partouche-and-Betsson-AB-announce-partnership-to-launch-online-casino-services-in-Belgium.html) June 2023: Bet365 has officially launched in Iowa, a state in the Midwestern US. This entry into the Iowa market was facilitated through a long-term partnership with Casino Queen Marquette. (Source: https://news.bet365.com/en-us/article/bet365-announces-official-launch-in-iowa/2023060521525402385)

Top Companies Market Share in Poker Industry: (In no particular order of Rank)

• Partypoker (United Kingdom)
• PokerStars (Isle of Man)
• GGPoker (Asia)
• IDN Poker (Indonesia)
• ACR (United States)
• WPN (Global)
• Natural8 (Asia)
• Unibet (Multiple)
• BetOnline (United States)
• TigerGaming (United States)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Poker Market

Which Region Dominates the Poker Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue because of strong tradition of poker playing, with major events like the World Series of Poker held in the United States. The widespread popularity of online poker platforms, especially in legalized states, further drives market growth. Additionally, high disposable incomes, a robust casino industry, and advancements in digital infrastructure contribute to the region's dominance in the global poker market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Poker market due to several compelling reasons. ?The Poker marketplace in Asia Pacific is developing because of increasing internet penetration, rising smartphone usage, and a growing middle class with higher disposable incomes. The region's rapidly expanding online gaming sector, coupled with increased interest in poker as a competitive and recreational activity, drives growth. Additionally, favorable regulatory changes and the popularity of mobile gaming apps contribute to the burgeoning poker market in countries like India, China, and Japan.

The current report Scope analyzes Poker Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Poker

According to Cognitive Market Research, the global Poker market size was estimated at USD xx Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Poker market with a market size of USD xx million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period. The demand is amplified by the nation's long-standing tradition of poker, with iconic tournaments like the World Series of Poker held in Las Vegas attracting global participants.
• The Canada Poker market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 11.5% during the forecast period. Canada's large base of poker enthusiasts and a diverse range of applications to increased usage of Poker.
• The Mexico Poker market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD xx million in 2024.

Europe Poker

According to Cognitive Market Research, the global Poker market size was estimated at USD xx Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.

• The United Kingdom Poker market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. In the UK, Poker sales witness an upswing due to a diverse population with a strong interest in both traditional casino gaming and online gambling.
• The France Poker market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD xx million in 2024.
• According to Cognitive Market Research, the Germany Poker market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 11.2% during the forecast period. In Germany, Poker sales surged due to growth of online poker platforms.
• The Italy Poker market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD xx million in 2024.
• The Russia Poker market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD xx million in 2024.
• The Spain Poker market is projected to witness growth at a CAGR of 10.1% during the forecast period with a market size of USD xx million in 2024
• The Luxembourg Poker market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD xx million in 2024.
• The Portugal Poker market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD xx million in 2024.
• The Greece Poker market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD xx million in 2024.
• Rest of Europe's Poker market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD xx million in 2024.

Asia Pacific Poker

According to Cognitive Market Research, the global Poker market size was estimated at USD xx Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Poker market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 14.0% during the forecast period. Poker sales surge in China due to growing interest in online gaming.
• The Japan Poker market is projected to witness growth at a CAGR of 13.0% during the forecast period, with a market size of USD xx million in 2024.
• The India Poker market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 16.3% during the forecast period. India's rising disposable incomes encourage adoption of automation technologies.
• The South Korea Poker market is projected to witness growth at a CAGR of 13.6% during the forecast period, with a market size of USD xx million in 2024.
• The Australia Poker market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD xx million in 2024.
• The South East Asia Poker market is projected to witness growth at a CAGR of 15.5% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of Asia Pacific Poker market is projected to witness growth at a CAGR of 14.3% during the forecast period, with a market size of USD xx million in 2024.

South America Poker

According to Cognitive Market Research, the global Poker market size was estimated at USD xx Million out of which Latin America market of more than 5% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Poker market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 12.5% during the forecast period. Poker sales flourish in Brazil due to expanding internet access.
• Argentina Poker market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 12.8% during the forecast period. Argentina's shifting cultural attitudes towards gambling is driving the market.
• Colombia Poker market is projected to witness growth at a CAGR of 11.7% during the forecast period with a market size of USD xx million in 2024.
• Peru Poker market is projected to witness growth at a CAGR of 12.1% during the forecast period with a market size of USD xx million in 2024.
• Chile Poker market is projected to witness growth at a CAGR of 12.2% during the forecast period with a market size of USD xx million in 2024.
• The Rest of Latin America Poker market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD xx million in 2024.

Middle East and Africa Poker

According to Cognitive Market Research, the global Poker market size was estimated at USD xx Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.

• The GCC Countries Poker market is projected to witness growth at a CAGR of 13.0% during the forecast period with a market size of USD xx million in 2024. Poker sales flourish due to increasing internet penetration.
• The Egypt Poker market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD xx million in 2024.
• The South Africa Poker market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD xx million in 2024. Poker sales flourish in South Africa due to shifting cultural attitudes towards gambling.
• The Turkey Poker market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD xx million in 2024.
• The Nigeria Poker market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of MEA Poker market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD xx million in 2024.

Poker Market Analysis

Poker Market Type Segment Analysis

According to Cognitive Market Research, Cardboard Poker type stands out as the dominating category. Cardboard poker types have captured the largest market share due to their widespread use in casual and home settings. They are cost-effective, making them accessible for a broad audience. The familiarity and traditional appeal of cardboard poker cards, combined with their ease of production and distribution, contribute to their dominance. Additionally, they are commonly used in promotional and beginner-level poker sets, further solidifying their market presence and appeal across diverse player demographics.

Digital poker is growing at the highest CAGR in the poker market due to the increasing adoption of smartphones and internet connectivity, which provide easy access to online poker platforms. The convenience of playing from anywhere, coupled with advancements in technology like virtual reality and enhanced user interfaces, attracts a broader audience. Additionally, the rise of online tournaments, mobile apps, and social gaming features contributes to the rapid growth of digital poker, making it a popular choice among new and seasoned players alike.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Poker Industry. Request a Free Sample PDF!

Poker Market Category Application Analysis

According to Cognitive Market Research, the dominating aplication is Entertainment. Entertainment applications have captured the largest market share in the poker market due to the widespread appeal of poker as a leisure activity. Many players are drawn to the game for its blend of skill and excitement, enjoying it as a social and recreational pastime. The rise of online poker platforms and mobile apps has made it accessible to a broader audience, further enhancing its entertainment value. Additionally, televised poker events and celebrity endorsements have increased its visibility, solidifying its position in the entertainment sector.

The casino application segment is growing at the highest CAGR in the poker market due to the increasing legalization and regulation of online gambling in various regions. This regulatory shift has prompted casinos to expand their digital offerings, attracting a global audience. Enhanced digital infrastructure, coupled with advancements in live dealer technology and immersive gaming experiences, also boosts growth. Furthermore, the convenience and variety offered by online casino platforms attract both casual and serious poker players, driving rapid market expansion.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Poker Mode Segment Analysis

Mode Segment Analysis

According to Cognitive Market Research, the dominating mode is Offline. Offline mode captured the largest market share in the poker market because traditional, in-person poker games and tournaments remain highly popular. Many players value the social interaction, physical presence, and atmosphere of live poker games, which are integral to casinos and private gatherings. Additionally, major poker events like the World Series of Poker drive significant participation and viewership. The tactile experience and the psychological aspect of reading opponents face-to-face contribute to the enduring appeal and dominance of offline poker.

Online mode is growing at the highest CAGR in the poker market primarily due to its convenience and accessibility. Players can participate in poker games and tournaments from anywhere with internet access, using desktop computers, laptops, or mobile devices. The global proliferation of online gambling regulations and advancements in digital payment methods have also fueled this growth. Moreover, online platforms offer a wide range of game formats, stakes, and promotions, attracting a diverse audience and driving rapid market expansion.

• Online
• Offline

Poker End-User Segment Analysis

End-User Segment Analysis

According to Cognitive Market Research, the dominating End-User is Dabblers. Dabblers, or casual players, have captured the largest market share in the poker market due to their sheer numbers and occasional participation in poker games. These players typically engage in poker for recreational purposes rather than professional competition, enjoying the social aspect and entertainment value of the game. They often participate in low-stakes games, both offline and online, contributing significantly to the overall player base. The accessibility of poker through various platforms further enhances their participation and market dominance.

Social exuberant end-users are experiencing the highest CAGR in the poker market due to their enthusiastic engagement in social and competitive aspects of the game. These players seek social interaction and community engagement through online platforms and live events. They often participate in tournaments, enjoy discussing strategy with fellow players, and share their gaming experiences on social media. The rise of esports and streaming platforms has also contributed to their growth, fostering a vibrant community and driving market expansion in this segment.

• Dabblers
• Social Exuberant
• Gambling Enthusiasts

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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