A forecast recently made in the United States regarding the mobile gambling market for 2010 stated that it will reach about 12 billion US dollars. The forecast was made by a Juniper Research report which stated that it will reach this incredible level thanks to the ever increasing popularity of the action payment technology in addition to several key markets in the relevant legislation on the lenient policy to bring action in to the gambling industry.
For this year, it is estimated that more than 380 million users will populate the mobile gambling market and this increasing tendency will be kept in the years to come. The Juniper Research report emphasized that the gambling operations conducted in the Far East have been developed to a certain level; European countries are also gradually used in the gambling industry. The market will be further developed due to the lax legislation and considering a long-term perspective, the United States of America market is a remarkable market as far as the potential is concerned.
This report conducted by Juniper Research also noted that the forecast gambling action services from the overall income in 2007 of only 106 million US dollars will increase to an incredible 32 billion dollars. In the present, United Kingdom is the world’s largest mobile gambling user but predictions state that US will reach number one in 2012.
Another major reason why the mobile gambling is currently expanding at a very high pace is because the global smart phones shipments will exceed the notebook computers sales in the next 3-4 years. According to a recent conducted In-Stat market research report, in the next few years, the global smart phone sales will grow more than 30 percent, but its total share of the mobile phone market will be further expanded in the years to come, which means that the future of its annual shipments will exceed notebook sales.
It is quite obvious that the mobile gambling boom of 2010 is a certain thing if you think of the many online gambling applications developed for almost all smart phone platforms: Symbian, Windows Mobile, Apple, Android and more. The mobile gambling market has developed so high that basically you can find just about everything regarding gambling: casinos, poker, sportsbooks, spread betting and more. Making a simple connection between the smart phone sales boom, the mobile gambling smart phone applications and the variety of gambling types, it is easy to understand why the mobile gambling industry is growing from year to year and still has not reached its full potential.
Poker is the most popular application in mobile gambling thanks to its variety of forms: blackjack, baccarat, craps, single deck blackjack and many more. But all the other forms of gambling (especially sports betting) are continuously becoming more and more popular among mobile phone users from all over the world.
All things considered, thanks to the development of the Internet, mobile phones and technology, the mobile phone gambling market is far from reaching its full potential as it will continue to grow for the next couple of years as it offers many advantages like the possibility to earn money (obvious), gambling “on the go”, anti-boredom solution and many others as well.