Sports Betting Market Set for Significant Growth, Projecting USD 190.48 Billion by 2030 with a CAGR of 10.78%

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.

Sports Betting Market Overview:

Maximize Market Research, a Sports Betting business research firm has published a report on the Sports Betting Market. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

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Sports Betting Market Report Scope and Research Methodology:

The scope of the Sports Betting market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Sports Betting market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Sports Betting sector and capitalizing on growth prospects.

Sports Betting Market Regional Insights:

Improved dependability and increasing demand drive growth in the Sports Betting Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Sports Betting market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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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. The whole betting experience for clients has been improved by the use of cutting-edge technologies like live streaming and in-play betting.

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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Table of Content: Sports Betting Market

Part 01: Executive Summary

Part 02: Scope of the Sports Betting Market Report

Part 03: Global Sports Betting Market Landscape

Part 04: Global Sports Betting Market Sizing

Part 05: Global Sports Betting Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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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

Key questions answered in the Sports Betting Market are:

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?
What is Sports Betting?
What was the Sports Betting market size in 2023?
What is the growth rate of the Sports Betting Market?
Which are the factors expected to drive the Sports Betting market growth?
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?
What segments are covered in the Sports Betting Market?

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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