The size of the sports betting market will grow by $ 106.25 billion By Platform (Offline and Offline), Geography (APAC, Europe, North America, South America, and MEA) and Segment Forecast, 2021

  • Total pages: 120
  • Companies: 10+ – Includes 888 Holdings Plc, Bet365 Group Ltd., Churchill Downs Inc., Flutter Entertainment Plc, GVC Holdings Plc, Kindred Group Plc, Sportech Plc, The Stars Group Inc., Webis Holdings Plc and William Hill Plc, among others. others
  • Coverage: Main drivers, trends and challenges; Product information and news; Value chain analysis; Matrix market analysis; Landscape of the seller; Impact analysis and recovery of COVID
  • Segments: Platform (online and offline)
  • Geographies: APAC (China i Australia), Europe (UK, Italyi Germany), North America (WE), South Americaand MEA

He Sports betting market share is expected to increase in $ 106.25 billion from 2020 to 2025, according to a recent Technavio market study. The report provides a detailed analysis of the drivers and opportunities, the main winning strategies, the competitive scenario, future market trends, the size and estimates of the market and the main investment pockets.

APAC will record the highest growth rate of 39% among the other regions. China i Australia are the key markets for sports betting. In addition, market growth in APAC will be faster than market growth in other regions.

Download the FREE sample: for more information on key APAC countries

Vendor Statistics

The sports betting market is fragmented and marketers are deploying organic and inorganic growth strategies to compete in the market.

  • 888 Holdings Plc- The company offers online sports betting services for a variety of sports and sports leagues, including NBA games, NFL games, NHL contests, MLS, golf, tennis, NASCAR and Formula One.
  • Bet365 Group Ltd.- The company offers sports betting services for sports such as football, basketball, soccer and others.
  • Churchill Downs Inc. – The company offers online sports betting services on iGaming platforms.

Find out more about sellers and their product offerings. Download the free sample report

Regional market prospects
APAC will record the highest growth rate of 39% among the other regions. Therefore, the sports betting market at APAC is expected to gain significant business opportunities for sellers during the forecast period. Increased demand for online games and fantasy sports platforms will facilitate the growth of the sports betting market at APAC during the forecast period.

Download our FREE sample report for more key aspects on the regional market share of the sports betting market

Latest market drivers and trends

  • Promoter of the sports betting market:

With the recent global digital revolution, cloud platforms are becoming more preferred for data storage, and there has been a growing increase in online transactions and payments between business and retail users. There has also been a significant increase in the consumption of digital content in the last five years, with the increasing speed of the Internet. With widespread digitalization, the landscape of sports betting has changed fundamentally and the global sports betting market has shifted to online or virtual applications and platforms. Modern consumers can easily participate in sports betting and connect comfortably with sports betting thanks to easy internet access and the availability of various mobile applications and online platforms. The rapid growth of digital platforms and the growing penetration of the Internet have given consumers easy access to online sports betting platforms, which will drive the growth of the global sports betting market over the forecast period.

  • Sports Betting Market Trend:
    • Appearance of machine learning in sports betting:

One of the key trends in the global sports betting market is the growing impact of technologies such as blockchain, virtual reality and AI, specifically machine learning tools. The global sports betting market is expected to grow during the forecast period as a direct result of improving consumer demand, driven by technological advances. Leading market vendors are increasingly concentrating a significant share of their investments in machine learning tools and methods, which have shown promising results in prediction. Machine learning helps to create accurate predictive algorithms and predictive models to improve betting efficiency. As the global sports betting market evolves, consumers need to find useful strategies and accurate predictions to increase their efficiency. Sports bettors are expected to become increasingly familiar with new machine learning algorithms that attempt to predict the results of games and races. Thus, the emergence of machine learning will be a positive trend for the global sports betting market during the forecast period.

Find additional information on other market drivers and trends mentioned in ours FREE sample report.

Didn’t find what you were looking for? Customize information
Don’t miss the opportunity to talk to our analyst and learn more about this market report. Our analysts can also help you customize this report to your needs. Our industry analysts and experts will work directly with you to understand your requirements and provide you with personalized data in no time.

We offer $ 1,000 FREE customization value at the time of purchase. Talk to our analyst now!

Here are some similar topics-

Slot machine market by product and geography: forecast and analysis 2021-2025: The market share of slot machines will increase by $ 8,910 million between 2020 and 2025, and the momentum for market growth will accelerate to a CAGR of 12.14%. For more exclusive search information: Download the free sample report

Casino Games Market by Type and Geography: 2021-2025 Forecast and Analysis: The size of the casino games market is expected to reach a value of $ 50.03 billion during 2021-2025 at a CAGR of 4.85%. For more exclusive search information: Download the free sample report

Sports betting market

Report coverage

Details

Page number

120

Any base

2020

Forecast period

2021-2025

Moment of growth and CAGR

10% CAGR slowdown

Market growth 2021-2025

$ 106.25 billion

Market structure

Fragmented

Year-on-year growth (%)

21.54

Regional analysis

APAC, Europe, North America, South America and MEA

Making the contribution to the market

39% APAC

Key consumer countries

China, United Kingdom, USA, Italy, Australia and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer participation

Profiled companies

888 Holdings Plc, Bet365 Group Ltd., Churchill Downs Inc., Flutter Entertainment Plc, GVC Holdings Plc, Kindred Group Plc, Sportech Plc, The Stars Group Inc., Webis Holdings Plc and William Hill Plc

Market dynamics

Analysis of the main market, inducers and obstacles to market growth, analysis of fast and slow growth segments, impact of COVID-19 and future consumer dynamics, analysis of market conditions for the forecast period,

Customization preview

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Table of contents

Executive summary

Market landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market size

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: 2020-2025 forecast

Analysis of the five forces

  • Buyers’ bargaining power
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market status

Market segmentation by platform

  • Market segments
  • Comparison by platform
  • Offline: market size and forecast 2020-2025
  • Online: Market size and 2020-2025 forecast
  • Market opportunity for Platform

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC: market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Landscape of the seller

  • Landscape of the seller
  • Alteration of the landscape
  • Industry risks

Supplier analysis

  • Covered sellers
  • Market positioning of sellers
  • 888 Holdings Plc
  • Bet365 Group Ltd.
  • Churchill Downs Inc.
  • Flutter Entertainment Plc
  • GVC Holdings Plc
  • Kindred Group Plc
  • Sportech Plc
  • The Stars Group Inc.
  • Webis Holdings Plc
  • William Hill Plc

Appendix

  • Scope of the report
  • Currency conversion rates per USD
  • Research methodology
  • List of abbreviations

About us
Technavio is a world leader in technology research and advice. Their research and analysis focus on emerging market trends and provide useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, the Technavio Report Library Its customer base is comprised of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage. , extensive research and actionable market knowledge to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media and Marketing Executive
USA: +1 844 364 1100
United Kingdom: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

FONT Technavio

"sports betting online" – Google News

Get Free 100 PHP by MNL168.com

#size #sports #betting #market #grow #billion #Platform #Offline #Offline #Geography #APAC #Europe #North #America #South #America #MEA #Segment #Forecast

Previous post NUEBE GAMING: SAAN AABOT ANG DOS (2) PESOS MO?
Next post On line athletics betting makes participant self-exclusion crucial – Push of Atlantic Town
jili777