Analysts predict that the iGaming industry will grow by 50% by 2030

Analysts predict that the global iGaming industry will grow by nearly 50% over the next five years, increasing from $103 billion to $169 billion. According to a report by Mordor Intelligence, the market is expected to exhibit a compound annual growth rate (CAGR) of 10.44% from 2025 to 2030.
A significant driver of this growth will be the legalization of online betting in various countries. The adoption of new technologies, such as artificial intelligence (AI) and virtual reality (VR), is also contributing to the development of the iGaming sector.
In Europe, each country has the opportunity to implement its own legislation in this area. Mordor Intelligence forecasts that the overall iGaming market, valued at $58 billion in 2025, will nearly double to $98 billion by 2030.
Currently, Denmark leads the European gaming industry, having topped the iGaming revenue charts since 2012. The United Kingdom follows with a 31% market share projected for 2024, while Germany, which only legalized iGaming in July 2021, ranks third.
In Oceania, particularly in Australia, some of the highest betting rates in the world are observed. The Philippines and India are also emerging as notable iGaming markets.
Latin America is becoming a promising frontier. Colombia has established one of the most structured regulatory systems for iGaming in South America. With increasing internet usage and the legalization of gambling, significant growth in the industry is anticipated in the region, especially in Brazil and Mexico.
Looking ahead, trends such as virtual reality for immersive gaming experiences and AI-driven predictive analytics are expected to enter the iGaming segment. These technologies will enhance user engagement and provide measures for responsible gaming.
Sports betting remains the dominant segment in the global iGaming market, accounting for 51% of total gaming revenue in 2024, with football being the most popular betting option.
Notably, analysts from Slotegrator forecast growth in the iGaming industry in Brazil, Turkey, Kazakhstan, and Canada by 2025.