- February 02, 2022
Asian iGaming Market Observation Report
If you want to enter the iGaming market, choosing a white label iGaming company has become the most important and convenient choice nowadays. The impression that white label iGaming companies usually focus on is China's iGaming market. However, in recent years, due to the Chinese government's various strong and strong suppression of the iGaming industry, operating China's iGaming market is no longer as simple as it used to be. iGaming players are beginning to turn their attention to the Southeast Asian market, which has greater potential. Today's Southeast Asian iGaming market has a rapidly developing network, a large population and users, and a rapidly developing economy, making Southeast Asian iGaming a new blue ocean in the white label iGaming market. Various white label iGaming operators have launched Southeast Asian white label iGaming one after another in order to seize the opportunity to enter the Southeast Asian iGaming market.
I believe that many people are still unfamiliar with the Southeast Asian iGaming market, and they don’t even know what countries are included in the so-called Southeast Asia? Due to the social culture, user habits and language usage of Southeast Asia, there are considerable differences between the two for those who are used to operating the Chinese iGaming market. Why has the Southeast Asian white label iGaming risen so rapidly in recent years? What is the reason for the popularity of the iGaming market in Southeast Asia? Let TC-Gaming take you to understand the Southeast Asian iGaming market and the reasons for the rise of Southeast Asia White Label iGaming.
1. Southeast Asia’s huge population:Southeast Asia has a population of nearly 700 million, of which the working population aged 15 to 59 accounts for 63.8%. The potential dependency ratio is 8.7, which is higher than the Asian average of 7.0 and much higher than the East Asian average of 5.0. A research report pointed out that in 2020, the proportion of people under 40 years old in the total population of Southeast Asia was about 64%, showing that the population structure of Southeast Asia is still tending to be younger, and the burden of young people to support the elderly is lighter. Southeast Asia is in a demographic dividend window period. In recent years, the urbanization rate in Southeast Asia has continued to rise, breaking through the 50% mark for the first time in 2020. In recent years, the urban population has increased by an average of approximately 7 million annually. This is a rare opportunity in Asia and even the world.
2. Rapidly developing Southeast Asian economy:In recent years, the economies of Southeast Asian countries have been a highlight of global economic development, and their large labor force has become the reason for Southeast Asia's rapid economic growth. As of 2019, the GDP of Vietnam, Thailand, Indonesia, Cambodia and the Philippines has reached US$2.6 trillion. Compared with the world, the economic growth rate of these countries is as high as 155%. It can be seen that Vietnam, Thailand, Indonesia, Cambodia and the Philippines play an increasingly important role in the world economy.
3. Rapid increase in network demand and users:In recent years, with the rapid development of mobile networks, the number of Internet users in Southeast Asia reached 360 million in 2019, an increase of about 40% from 2015. Internet users in Vietnam, Thailand, the Philippines, Indonesia and Malaysia spend an average of time on the mobile Internet every day. More than 4 hours, ranked among the best in the world. The popularity of mobile networks has also brought considerable revenue to the Southeast Asian iGaming market. According to statistics, the Southeast Asian iGaming market will grow by more than 30% in 2020, with iGaming revenue reaching US$5 billion.
From the most basic population, economy, network penetration and user explosion, we can see why countries such as Vietnam, Thailand, Indonesia, and Cambodia can rise so quickly. But if you want to enter the Southeast Asian iGaming market or choose a Southeast Asian white label iGaming, there are some details that cannot be ignored.
iGaming players in countries such as Vietnam, Thailand, Indonesia, and Cambodia usually use local languages other than Chinese, such as Vietnamese, Thai, Indonesian or English. If the Southeast Asian white label iGaming does not provide a language that is close to the language used by local users, it will be difficult to attract these Southeast Asian iGaming players.
Providing payment in local currency is also an indispensable factor. If the use of local currency cannot be supported, iGaming players in countries such as Vietnam, Thailand, Indonesia and Cambodia will need currency conversion, so the cumbersome procedures will be lost. This is the convenience of iGaming.
If you want to enter the iGaming market, choose Southeast Asia White Label iGaming. In addition to using the local language and providing local currency payment, you must also have a deep understanding of the game types favored by iGaming players in Vietnam, Thailand, Indonesia, and Cambodia, so that you can have a worry-free website and stabilize the pace of Southeast Asia’s iGaming market.
TC-Gaming has more than 15 years of rich experience in the white label iGaming market. TC-Gaming covers games from Vietnam, Cambodia, Thailand, Myanmar, Malaysia, India, Indonesia, China and other countries, and provides various automatic event discount settings, The platform's big data analysis reports and stable maintenance system allow you to quickly grasp marketing trends. TC-Gaming launches TC-Gaming White Label iGaming Platform for the Southeast Asian iGaming market. It hires local designers to design a system layout that is closest to the Southeast Asian iGaming market. It provides a variety of skins that are in line with Southeast Asian aesthetic styles and provides multi-language system support; in terms of games , obtain a huge number of data samples through the powerful TC-Gaming data system, and use different game types, regions, different manufacturers, sales volume, cross-analysis of the most popular game companies in the Southeast Asian iGaming market, choose TC-Gaming Southeast Asia white label iGaming platform from It only takes 10 minutes after payment to open a website and put it into operation immediately, allowing you to seize the opportunity to quickly join the Southeast Asian iGaming market!
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