Sports Betting Market Overview
MMR provides a brief description of Sports Betting Market industry. It includes a detailed analysis of the ” Sports Betting Market ” that highlights standard topics and customizes the data as needed. This overview help investors to understand the situation in the Sports Betting Market industry.
Market Value :
The size of the global sports betting market was estimated to be US$ 155.29 billion in 2022, and from 2023 to 2029, it is anticipated that the market will generate close to US$ 280.97 billion in total revenue, growing at a CAGR of 8.84%.
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Sports Betting Market Scope and Methodology
The bottom-up approach was used in the report to estimate the Sports Betting Market. The primary and secondary data sources were used to collect data. The primary source involved interviews with significant market leaders and industry experts including business owners and marketing specialists while secondary sources are a combination of the reviews of the financial and annual reports of top manufacturers. For better information on market penetration, competitive landscape demand analysis, and regional analysis are taken at the local, regional, and global levels. The report presented the PORTER and PESTLE Analysis with the potential impact of micro-economic factors of the Sports Betting market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Sports Betting market.
Sports Betting Market Regional Insights
Categorized broadly, the Sports Betting market is segmented across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively analyzes factors, market size, growth rate, and regional import-export activities. The regional analysis extends to both local and country levels for a comprehensive examination.
Sports Betting Market Segmentation
The market is divided into Football, Baseball, Basketball, Hockey, Cricket, Tennis, Golf, Boxing, Auto Racing, Horse Racing, and Other based on the type of game. During the projection period, the football segment is anticipated to grow quickly at a CAGR of 12%. During the forecast period of 2023–2029, the key factors boosting the growth of this sector in the global sports betting market are the safe and secure services offered by online football betting operators.
by Platform
Online
Offline
by Game Type
Football
Base ball
Basket ball
Hockey
Cricket
Tennis
Golf
Boxing
Auto racing
Horse racing
Other
by Type Analysis
Line-in-play
Fixed Old Betting
Exchange Betting
Daily Fantasy
Spread Betting
E-Sports
Pari-Mutuel
Others
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Sports Betting Market Key Players
1.Bet 365 Group Ltd.
2. GVC Holding plc.
3. The Stars Group
4. Paddy Power Betfair plc.
5. William Hill plc.
6.Fortuna Entertainment Group
7. Betfred Ltd.
8. mybet Holding
9. Hong Kong Jockey Club
10. Kindred Group.
11. 888 Holdings
12. Kindred Group
13. Amaya gaming Bet-at-home.com
14. BetAmerica
15. Betsson
16. Draft Kings
17. Fan duel
18. Gala coral group
19. Ladbrokes
20. Sportech
21. TVG
22. Twinspires
Key questions answered in the Sports Betting Market are:
- What is Sports Betting ?
- What was the Sports Betting market size in 2022?
- What are the different segments of the Sports Betting Market?
- What growth strategies are the players considering to increase their presence in Sports Betting ?
- What are the upcoming industry applications and trends for the Sports Betting Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Sports Betting Market?
- Who are the key players in the Sports Betting market?
- What segments are covered in the Sports Betting Market?
- Who are the leading companies and what are their portfolios in Sports Betting Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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