# MARKET OVERVIEW (Gambling Market) In 2023, the gambling industry accrued a market size of $72 billion US dollars. Furthermore, the industry is projected to reach a market size of 112 billion dollars by 2025. This upwards trajectory will only continue as technology advances and the number of mobile phone users worldwide also continues to grow. In 2021, there were 7.1 billion unique mobile users, making up 90.6% of the global population. In the US, 62.1% of online gamblers used their mobile devices as opposed to 3.1% sticking to desktops. Laptops and PCs will continue to decline annually as the preferred device, especially amongst younger demographics. Gambling attracts a broad spectrum of age groups. In the West, approximately 32.8% of online gamblers were 45-54 years old, 28.8% were 35-44 years old, and 25.2% were 25-34 years old (Statistica, 2021). With iGaming continuing to attract younger demographics already entrenched in mobile devices and social media. be of particular interest to those looking to socialise and play at the same time. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://xcasino-organization.gitbook.io/xcasino-documentation/market-overview-gambling-market.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.