Sports Betting Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Sports Betting Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Sports Betting market by thorough analysis, and projections are made up to 2030.
Projected Growth Trajectory for Sports Betting Market:
The Sports Betting Market size was valued at USD 93.62 Billion in 2023 and the total Sports Betting revenue is expected to grow at a CAGR of 10.78% from 2024 to 2030, reaching nearly USD 190.48 Billion by 2030.
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Sports Betting Market Scope and Methodology:
The approach that gives investors relevant information by combining descriptive analysis and SWOT analysis is covered in the study. Giving a complete picture of the Sports Betting market is the study's main objective. The process of gathering data involves a variety of methods, such as questionnaires and surveys. After then, mathematical, statistical, and numerical techniques are used to evaluate the data. Gathering and categorizing data is crucial since a combination of qualitative and quantitative research methodologies are needed to identify Sports Betting market trends.
The buyer-direct scenario, RD projects, innovative forms of development, cutting-edge industry practices, and market consolidations and acquisitions are all carefully examined in order to evaluate the potential futures of the market. Included in the research are charts, organizational portfolios, methods, and a critical evaluation of well-known corporate leaders. A thorough SWOT and PESTLE analysis was conducted on the Sports Betting Market in order to pinpoint market trends and provide microeconomic factors.
Sports Betting Market Regional Insights:
The Regional Analysis section displays the present state of the Sports Betting market in each of the study's participating nations. Due to the complexity of the Sports Betting business, local perspectives must be considered. North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa are the regions that comprise the Sports Betting market. We extensively examine each research region's market size, growth rate, imports and exports, as well as other particular characteristics.
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Sports Betting Market Segmentation:
by Platform
Online
Offline
The worldwide sports betting market was dominated by the Online Platform subsegment. The internet category had the largest revenue share of 62.70% in 2023 as a result of shifting consumer preferences, new trends, and unique local circumstances. During the projected period, the segment is anticipated to grow at a significant compound annual growth rate (CAGR) and present profitable growth prospects for the players in the sports betting market. Customers are betting more on their favorite sporting events since it's easier to do so from the comfort of their homes thanks to the simplicity of use and accessibility of online platforms.
by Game Type
Football
Baseball
Basketball
Hockey
Cricket
Boxing
Horse racing
Other
by Betting Type
Fixed Odds Wagering
Exchange Betting
Live/In-Play Betting
eSports Betting
Others
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Sports Betting Market Key Players:
1. Betson AB
2. Flutter Entertainment PLC
3. DraftKings Co., Ltd.
4. Kindred Group PLC
5. 1XBET
6. 22BET
7. Sports Pesa
8. FORTUNA ENTERTAINMENT GROUP
9. LAS VEGAS SANDS CORPORATION (U.S.),
10. Entain (U.K.),
11. MGM Resorts International
12. Wynn Resorts Holdings LLC.
13. NOVIBET (Greece)
14. Galaxy Entertainment Group Limited
15. Resorts World at Sentosa Pte. Ltd.
16. Sun International
17. RTSmunity a.s.
18. Sky Infotech
19. Peermont Global Proprietary Limited
20. SJM Holdings Limited
21. Sportradar AG
22. FanUp Inc.
23. Rivalry Ltd.
24. EveryMatrix
25. Kairos Group
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-sports-betting-market/31896/
Key questions answered in the Sports Betting Market are:
- 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 leading companies and what are their portfolios in Sports Betting Market?
- What segments are covered in the Sports Betting Market?
- Who are the key players in the Sports Betting market?
- Which application holds the highest potential in the Sports Betting market?
- What are the key challenges and opportunities in the Sports Betting market?
- What is Sports Betting?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size Forecast by different segment | 2024−2030
- 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
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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