Sports Betting Market 2024-2030: Regional Dynamics and Competitive Analysis

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 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 analysis in the report provides an in-depth aspect at the current status of the Sports Betting market, with forecasts outspreading to the year 2030.

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Sports Betting Market Scope and Methodology:

Maximize market research covers competitive landscape, key competitors and their market shares for better understanding of the industry. The report also discusses new product developments and technology trends. The report provides a detailed overview of the Sports Betting market through both quantitative and qualitative analysis. The report aims to help readers develop business strategies and assess their position in the market by providing a comprehensive analysis of the competitive landscape. The purpose of the report is to provide the necessary information to make an informed decision regarding the Sports Betting market. In addition, the report delivers information on revenue, sales volume, and average price of the entire market and sub-segments in various segments and regions to assist portable notebook manufacturers, new entrants, and companies involved in the industry chain market.

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Sports Betting Market Regional Insights:

In a regional analysis, the Sports Betting market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. These regions are classified as corresponding countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

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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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

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Key questions answered in the Sports Betting Market are:

What is Sports Betting?
What was the Sports Betting market size in 2023?
What is the growth rate of the Sports Betting Market?
What is the CAGR at which the Sports Betting market will grow during the forecast period?
What are the different segments of the Sports Betting Market?
Which is the fastest-growing region in the Sports Betting market?
Which are the factors expected to drive the Sports Betting market growth?
What growth strategies are the players considering to increase their presence in Sports Betting?
What are the upcoming opportunities 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?
Who are the key players in the Sports Betting market?
Who are the leading companies and what are their portfolios in 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