US Lottery Market 2023-2027

Technavio has been monitoring the lottery market in US and is forecast to grow by $39.39 bn during 2022-2027, accelerating at a CAGR of 6.61% during the forecast period. Our report on the lottery market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of marketing strategies to increase ticket sales, high penetration of smartphones, and the growing popularity of the lottery due to low adoption cost and easy availability.

Technavio's lottery market in US is segmented as below:

By Type

Scratch-off games
Terminal-based games
Sports lotteries

By Platform

Traditional
Online

This study identifies the advancing technologies as one of the prime reasons driving the lottery market growth during the next few years. Also, the growing use of lottery money for good cause and the growing focus on ensuring the security of lotteries will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the lottery market in US covers the following areas:

Lottery market sizing
Lottery market forecast
Lottery market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lottery market vendors that include Arizona Lottery, Connecticut Lottery Corp., Florida Lottery, International Game Technology plc, New York State Gaming Commission, Pennsylvania Lottery, Pollard Banknote Ltd., Scientific Games LLC, and Texas Lottery Commission. Also, the lottery market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44878

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 Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Platform
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Lottery market in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Lottery market in US 2017 - 2021 ($ billion)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
4.3 Platform Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Platform Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 25: Chart on Type - Market share 2022-2027 (%)
Exhibit 26: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 27: Chart on Comparison by Type
Exhibit 28: Data Table on Comparison by Type
6.3 Scratch-off games - Market size and forecast 2022-2027
Exhibit 29: Chart on Scratch-off games - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Scratch-off games - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Scratch-off games - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Scratch-off games - Year-over-year growth 2022-2027 (%)
6.4 Terminal-based games - Market size and forecast 2022-2027
Exhibit 33: Chart on Terminal-based games - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Terminal-based games - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Terminal-based games - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Terminal-based games - Year-over-year growth 2022-2027 (%)
6.5 Sports lotteries - Market size and forecast 2022-2027
Exhibit 37: Chart on Sports lotteries - Market size and forecast 2022-2027 ($ billion)
Exhibit 38: Data Table on Sports lotteries - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Chart on Sports lotteries - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Sports lotteries - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Type
Exhibit 41: Market opportunity by Type ($ billion)
Exhibit 42: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Platform

7.1 Market segments
Exhibit 43: Chart on Platform - Market share 2022-2027 (%)
Exhibit 44: Data Table on Platform - Market share 2022-2027 (%)
7.2 Comparison by Platform
Exhibit 45: Chart on Comparison by Platform
Exhibit 46: Data Table on Comparison by Platform
7.3 Traditional - Market size and forecast 2022-2027
Exhibit 47: Chart on Traditional - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on Traditional - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on Traditional - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Traditional - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Platform
Exhibit 55: Market opportunity by Platform ($ billion)
Exhibit 56: Data Table on Market opportunity by Platform ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 58: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 59: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 60: Overview on factors of disruption
10.4 Industry risks
Exhibit 61: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 62: Vendors covered
11.2 Market positioning of vendors
Exhibit 63: Matrix on vendor position and classification
11.3 Arizona Lottery
Exhibit 64: Arizona Lottery - Overview
Exhibit 65: Arizona Lottery - Product / Service
Exhibit 66: Arizona Lottery - Key offerings
11.4 Connecticut Lottery Corp.
Exhibit 67: Connecticut Lottery Corp. - Overview
Exhibit 68: Connecticut Lottery Corp. - Product / Service
Exhibit 69: Connecticut Lottery Corp. - Key offerings
11.5 Florida Lottery
Exhibit 70: Florida Lottery - Overview
Exhibit 71: Florida Lottery - Product / Service
Exhibit 72: Florida Lottery - Key offerings
11.6 International Game Technology plc
Exhibit 73: International Game Technology plc - Overview
Exhibit 74: International Game Technology plc - Business segments
Exhibit 75: International Game Technology plc - Key offerings
Exhibit 76: International Game Technology plc - Segment focus
11.7 New York State Gaming Commission
Exhibit 77: New York State Gaming Commission - Overview
Exhibit 78: New York State Gaming Commission - Product / Service
Exhibit 79: New York State Gaming Commission - Key offerings
11.8 Pennsylvania Lottery
Exhibit 80: Pennsylvania Lottery - Overview
Exhibit 81: Pennsylvania Lottery - Product / Service
Exhibit 82: Pennsylvania Lottery - Key offerings
11.9 Pollard Banknote Ltd.
Exhibit 83: Pollard Banknote Ltd. - Overview
Exhibit 84: Pollard Banknote Ltd. - Business segments
Exhibit 85: Pollard Banknote Ltd. - Key offerings
Exhibit 86: Pollard Banknote Ltd. - Segment focus
11.10 Scientific Games LLC
Exhibit 87: Scientific Games LLC - Overview
Exhibit 88: Scientific Games LLC - Business segments
Exhibit 89: Scientific Games LLC - Key offerings
Exhibit 90: Scientific Games LLC - Segment focus
11.11 Texas Lottery Commission
Exhibit 91: Texas Lottery Commission - Overview
Exhibit 92: Texas Lottery Commission - Product / Service
Exhibit 93: Texas Lottery Commission - Key offerings

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 94: Inclusions checklist
Exhibit 95: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 96: Currency conversion rates for US$
12.4 Research methodology
Exhibit 97: Research methodology
Exhibit 98: Validation techniques employed for market sizing
Exhibit 99: Information sources
12.5 List of abbreviations
Exhibit 100: List of abbreviations
- in competition