Sports Betting Industry gathered revenue about US$ 131.1 billion during 2020 and is slated to earn revenue of approximately US$ 179.3 billion during 2028. The sports betting market is projected to register highest gains of approximately 8.83% during 2021-2028.
Sports Betting Market
The Sports Betting Industry gathered revenue of about US$ 131.1 billion during 2020 and is slated to earn revenue of approximately US$ 179.3 billion in 2028. The sports betting market Size is projected to register the highest gains of approximately 8.83% during 2021-2028. The study includes drivers and restraints for the sports betting market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the sports betting market on a global level.
This report offers a comprehensive analysis of the global sports betting market along with market trends, drivers, and restraints of the sports betting market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the sports betting market by segmenting the market based on platform, sports type, type, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. By platform, the market is bifurcated into online and offline. By type, the market is segmented into line-in-play, fixed old betting, exchange betting, daily fantasy, spread betting, e-sports, pari-mutuel, and others.
By sports type, the market is segmented into football, baseball, basketball, hockey, cricket, tennis, golf, boxing, horse riding, auto racing, and others.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., UK, France, Germany, China, India, Japan, and Brazil.
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The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global sports betting market,
|Report Attributes||Report Details|
|Report Name||Sports Betting Market Research Report|
|Market Size in 2020||USD 131.1 Billion|
|Market Forecast in 2028||USD 179.3 Billion|
|Compound Annual Growth Rate||CAGR of 8.83%|
|Number of Pages||110|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Key Companies Covered||888 Holdings PLC, GVC Holdings PLC, Kindred Group, Paddy Power Betfair PLC, William Hill PLC, Bet365 Group Ltd., The Stars Group Inc., DraftKings, Betsson AB, and BetAmerica, among others.|
|Segments Covered||By Platform, By Type, By Sports Type, And By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)|
|Countries Covered||North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
|Historical Year||2016 to 2020|
|Forecast Year||2022 - 2030|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
This report segments the global sports betting market into:
Sports Betting Market: Platform Analysis
Sports Betting Market: Type Analysis
Sports Betting Market: Sports Type Analysis
Sports Betting Market: Regional Analysis
With the digital revolution transforming the world every second, the sports betting market is likely to grow dynamically in the future. This market currently holds around 70% of the global gambling revenue, which is more than any other sector inclusive of lotteries, casinos, and poker, among other forms of gambling.
According to Zion market research report, the global Sports Betting Market Sze accrued earnings worth US$ 131.1 billion during 2020 and is predicted to gain revenue of about US$ 179.3 billion during 2028, is set to record a CAGR of nearly 8.83% over the period from 2021 to 2028.
Following North America as the region with the greatest potential to contribute the most income to the global sports betting market is predicted to be Europe and Asia Pacific.
GVC Holdings PLC, Kindred Group, Paddy Power Betfair PLC, 888 Holdings PLC, William Hill PLC, Bet365 Group Ltd., The Stars Group Inc., DraftKings, Betsson AB, and BetAmerica, among others.
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