Sports Betting Market Leading Players Updates, Consumer-Demand Status, Consumption, Recent Developments, Business Strategies.
Global Sports Betting Market size was valued at US$ 155.29 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 8.84% through 2023 to 2029, reaching nearly US$ 280.97 Bn.
Sports Betting Market Overview:
A research team conducted extensive primary and secondary research for the Sports Betting Market study of the worldwide industry. In order to augment already-existing data, segment the market, calculate the overall market size, and project market size and growth rate, secondary research was conducted.
Both primary and secondary research are used to determine the market's leaders and to estimate market revenue. The main study includes in-depth interviews with influential thought leaders and subject matter experts, including CEOs, marketing executives, and seasoned front-line workers. In-depth interviews with significant thought leaders and industry professionals, including CEOs, marketing executives, and seasoned front-line staff, were undertaken as part of primary research, and secondary research included a review of the annual and financial reports of the major manufacturers. Use of secondary data
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Sports Betting Market Scope:
The study supports an understanding of the Global Sports Betting Market dynamic structure by identifying and evaluating market segments and projecting market size. The study also contains a competitive analysis of major corporations based on price, financial status, application expansion goals, and geographical presence. A PESTLE analysis is also included in the report to assist shareholders in prioritizing their efforts and investments in the Global Sports Betting Market.
External and internal components that are expected to have a favorable or negative influence on firms have been investigated, providing decision-makers with a clear picture of the sector's future. The study also aids in understanding the dynamic structure of the Global Sports Betting Market by examining market segments and predicting Sports Betting Market size. The report serves as a resource for investors by providing a complete depiction of the competitive analysis of major organizations in the Global Sports Betting Market based on pricing, financial state, growth plans, and geographical presence.
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Sports Betting Market Segmentation:
by Platform
Online
Offline
The market is divided into Online and Offline segments based on the Platform. By 2029, the online platform category is anticipated to have the biggest market share, accounting for %. The demand for real-time sports streaming is anticipated to expand during the forecast period due to the increase in Internet speeds and the increasing compatibility of mobile devices. As a result, it is projected that the majority of participants would convert to mobile sports streaming, ultimately expanding the sports betting market.
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: The key players are
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
Sports Betting Market Regional Analysis:
A country-level examination of the Sports Betting Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Sports Betting Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.
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Key Questions Answered in the Sports Betting Market Report are:
- What will be the Sports Betting Market's CAGR throughout the projected period?
- Which market category emerged as the market leader in the Sports Betting Market?
- Who are the key players in the Sports Betting Market?
- How big will the Sports Betting Market be in 2027?
- Which firm had the biggest market share in the Sports Betting Market?
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