Lottery Market Size in North America to Grow by USD 50.25 Bn, New Launches to Drive Market Growth - Technavio

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The lottery market growth in North America is driven by new launches. Vendors are focusing on organic growth strategies, including the launch of new lottery game tickets and platforms. To encourage participation, they are introducing new games and tickets in traditional offline as well as online platforms. For instance, in JACKPOT TRIPLE PLAY, for USD 1, players can get a triple chance to win the jackpot. Each ticket has three sets of numbers that can be matched with the winning numbers drawn. In addition, by adding Combo for an extra USD 1, players can also get an extra chance to win by combining all matches on the ticket. Such launches are expected to fuel the growth of the lottery market in North America during the forecast period.

Browse Summary of the LOTTERY MARKET IN NORTH AMERICA Research Report to Learn More

Key Lottery Market in North America Highlights

• The lottery market value in North America is set to grow by USD 50.25 billion, progressing at a CAGR of 5.4% from 2021 to 2026, as per the latest report by Technavio. Moreover, the Y-O-Y growth rate of 2022 is estimated at 5.0%.
• The lottery market in North America is segmented by platform (traditional and online) and type (scratch-off games, terminal-based games, and sports lotteries.
• The lottery market in North America report offers information on several market vendors, including Arizona Lottery, Camelot UK Lotteries Ltd., Colorado Lottery, Connecticut Lottery Corp., Delaware State Lottery, Florida Lottery, Flutter Entertainment Plc, Georgia Lottery Corp.,  Hoosier Lottery, Missouri Lottery, New York State Gaming Commission, Pennsylvania Lottery, Pollard Banknote Ltd., Scientific Games LLC, STRATACACHE, Texas Lottery Commission, and The California State Lottery, among others.
• New launches are notably driving the growth of the lottery market in North America, although factors such as security and credibility issues related to lotteries may impede the market growth. Moreover, the integration of artificial intelligence (AI) in lottery platforms is the major trend influencing lottery market growth in North America.
• The lottery market share growth in North America through the traditional platform will be significant during the forecast period.

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now for detailed vendor information

What are the Top Players Doing to Compete in the Market?

The lottery market in North America is fragmented, and the vendors are adopting organic and inorganic growth strategies to compete. For instance –

• Arizona Lottery - The company offers lotteries such as Mega Millions, Powerball, the Pick, and Triple Twist.

Moreover, to make the most of the opportunities and recover from the post-COVID-19 impact, market vendors are also focusing more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

DOWNLOAD LOTTERY MARKET IN NORTH AMERICA SAMPLE REPORT to Gain Further Insights

The lottery market also covers the following areas:

Lottery Market Sizing
Lottery Market Forecast
Lottery Market Analysis

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Key Topics Covered

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Platform
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 14: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Data Table on Regional - Market size and forecast 2021-2026 ($ billion)
• Exhibit 16: Chart on North America: Year-over-year growth 2021-2026 (%)
• Exhibit 17: Data Table on Regional - Market size and forecast 2021-2026 ($ billion)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Platform

• 5.1 Market segments
• Exhibit 25: Chart on Platform - Market share 2021-2026 (%)
• Exhibit 26: Data Table on Platform - Market share 2021-2026 (%)

• 5.2 Comparison by Platform 
• Exhibit 27: Chart on Comparison by Platform
• Exhibit 28: Data Table on Comparison by Platform

• 5.3 Traditional - Market size and forecast 2021-2026 
• Exhibit 29: Chart on Traditional - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Data Table on Traditional - Market size and forecast 2021-2026 ($ billion)
• Exhibit 31: Chart on Traditional - Year-over-year growth 2021-2026 (%)
• Exhibit 32: Data Table on Traditional - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026 
• Exhibit 33: Chart on Online - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Data Table on Online - Market size and forecast 2021-2026 ($ billion)
• Exhibit 35: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 36: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Platform 
• Exhibit 37: Market opportunity by Platform ($ billion)

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 38: Chart on Type - Market share 2021-2026 (%)
• Exhibit 39: Data Table on Type - Market share 2021-2026 (%)

• 6.2 Comparison by Type
• Exhibit 40: Chart on Comparison by Type
• Exhibit 41: Data Table on Comparison by Type

• 6.3 Scratch-off games - Market size and forecast 2021-2026 
• Exhibit 42: Chart on Scratch-off games - Market size and forecast 2021-2026 ($ billion)
• Exhibit 43: Data Table on Scratch-off games - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Chart on Scratch-off games - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Scratch-off games - Year-over-year growth 2021-2026 (%)

• 6.4 Terminal-based games - Market size and forecast 2021-2026 
• Exhibit 46: Chart on Terminal-based games - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on Terminal-based games - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on Terminal-based games - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Terminal-based games - Year-over-year growth 2021-2026 (%)

• 6.5 Sports lotteries - Market size and forecast 2021-2026 
• Exhibit 50: Chart on Sports lotteries - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on Sports lotteries - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on Sports lotteries - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Sports lotteries - Year-over-year growth 2021-2026 (%)

• 6.6 Market opportunity by Type 
• Exhibit 54: Market opportunity by Type ($ billion)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 56: Chart on Market share by geography - 2021-2026 (%)
• Exhibit 57: Data Table on Market share by geography - 2021-2026 (%)

• 8.2 Geographic comparison 
• Exhibit 58: Chart on Geographic comparison
• Exhibit 59: Data Table on Geographic comparison

• 8.3 US - Market size and forecast 2021-2026 
• Exhibit 60: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 61: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 62: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 63: Data Table on US - Year-over-year growth 2021-2026 (%)

• 8.4 Canada - Market size and forecast 2021-2026 
• Exhibit 64: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
• Exhibit 65: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
• Exhibit 66: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 67: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 8.5 Mexico - Market size and forecast 2021-2026 
• Exhibit 68: Chart on Mexico - Market size and forecast 2021-2026 ($ billion)
• Exhibit 69: Data Table on Mexico - Market size and forecast 2021-2026 ($ billion)
• Exhibit 70: Chart on Mexico - Year-over-year growth 2021-2026 (%)
• Exhibit 71: Data Table on Mexico - Year-over-year growth 2021-2026 (%)

• 8.6 Market opportunity by geography 
• Exhibit 72: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 73: Impact of drivers and challenges in 2021 and 2026

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 74: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 75: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 76: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 77: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 78: Matrix on vendor position and classification

• 11.3 Arizona Lottery
• Exhibit 79: Arizona Lottery - Overview
• Exhibit 80: Arizona Lottery - Product / Service
• Exhibit 81: Arizona Lottery - Key offerings

• 11.4 Camelot UK Lotteries Ltd. 
• Exhibit 82: Camelot UK Lotteries Ltd. - Overview
• Exhibit 83: Camelot UK Lotteries Ltd. - Product / Service
• Exhibit 84: Camelot UK Lotteries Ltd. - Key offerings

• 11.5 Colorado Lottery
• Exhibit 85: Colorado Lottery - Overview
• Exhibit 86: Colorado Lottery - Product / Service
• Exhibit 87: Colorado Lottery - Key offerings

• 11.6 Connecticut Lottery Corp. 
• Exhibit 88: Connecticut Lottery Corp. - Overview
• Exhibit 89: Connecticut Lottery Corp. - Product / Service
• Exhibit 90: Connecticut Lottery Corp. - Key offerings

• 11.7 Delaware State Lottery 
• Exhibit 91: Delaware State Lottery - Overview
• Exhibit 92: Delaware State Lottery - Product / Service
• Exhibit 93: Delaware State Lottery - Key offerings

• 11.8 Florida Lottery
• Exhibit 94: Florida Lottery - Overview
• Exhibit 95: Florida Lottery - Product / Service
• Exhibit 96: Florida Lottery - Key offerings

• 11.9 Georgia Lottery Corp. 
• Exhibit 97: Georgia Lottery Corp. - Overview
• Exhibit 98: Georgia Lottery Corp. - Product / Service
• Exhibit 99: Georgia Lottery Corp. - Key offerings

• 11.10 Missouri Lottery
• Exhibit 100: Missouri Lottery - Overview
• Exhibit 101: Missouri Lottery - Product / Service
• Exhibit 102: Missouri Lottery - Key offerings

• 11.11 STRATACACHE
• Exhibit 103: STRATACACHE - Overview
• Exhibit 104: STRATACACHE - Product / Service
• Exhibit 105: STRATACACHE - Key offerings

• 11.12 The California State Lottery 
• Exhibit 106: The California State Lottery - Overview
• Exhibit 107: The California State Lottery - Product / Service
• Exhibit 108: The California State Lottery - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 109: Inclusions checklist
• Exhibit 110: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 111: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 112: Research methodology
• Exhibit 113: Validation techniques employed for market sizing
• Exhibit 114: Information sources

• 12.5 List of abbreviations 
• Exhibit 115: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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