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Global Sports Betting Market Size study, by Platform (Online, Offline), By Type (Fixed Odds Wagering, eSports Betting, Exchange Betting, Live/In Play Betting, Pari-mutuel), By Sports Type (Football, Basketball, baseball, cricket, hockey, others) and Regional Forecasts 2021-2027

  • BIZ4650434
  • 200 Pages
  • September 2021
  • Consumer Goods
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Global Sports Betting Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Sports betting is a form of gambling that entails predicting the outcomes of any sporting event and placing bets accordingly. Horse racing, football, poker, and a variety of other activities fall under this category. Individuals and bettors in the sport may both benefit from this segment's development potential. The demand for sports betting is being fueled by factors such as the penetration of connected devices, the shifting legal environment of the broader gambling sector, and the increasing digital infrastructure. Furthermore, as the number of sports leagues and events grows, so does the demand for sports betting among millennials and older people all around the world. Due of the full prohibition on sporting activities in most regions of the world, the COVID-19 epidemic had a significant impact on the sports sector, particularly land-based sports. However, due to eSports betting, the popularity of online sports betting increased significantly throughout the epidemic. For instance, according to LOOT.BET, one of the largest Esports bookies, online betting volumes increased by over 67 percent in 2020. Government rules governing the entire gaming sector are projected to stifle market expansion in many regions and countries. In the forecasting years, however, the use of AI and blockchain technology is expected to drive market growth. For instance, the Gambling Commission, introduced the Gambling Act 2005 to legalize commercial gambling in the United Kingdom. Furthermore, in December 2020, the same act was reviewed, and the government required platform providers to comply with technical developments.

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Sports Betting market. In 2020, Europe had the highest revenue share, and this is anticipated to continue throughout the projection period. The rise of the regional industry is linked to the adoption of safety rules and regulations for both offline and online betting in most of the region's countries. Furthermore, prominent sports such as horse racing and football, as well as popular football teams such as Liverpool, Manchester United, and Chelsea F.C., are well-known in countries such as Germany and the United Kingdom. In 2020, Asia Pacific had the second-largest revenue share, and it is expected to grow at the fastest CAGR during the projection period. The market in this region is being driven by factors such as the rising number of individuals wagering on sports such as cricket, hockey, football, and basketball. Furthermore, the legalization of sports betting in countries including India and Australia, as well as factors such as increased internet penetration and middle-class family income levels, are driving market expansion in the Asia Pacific region.

Major market player included in this report are:

888 Holdings Plc

Bet365

Betsson AB

Churchill Downs Incorporated

Entain plc

Flutter Entertainment Plc

IGT

Kindred Group Plc

Sportech Plc

William Hill Plc

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Platform:

Offline

Online

By Type:

Fixed Odds Wagering

Exchange Betting

Live/In Play Betting

Pari-mutuel

eSports Betting

Others

By Sports:

Football

Basketball

Baseball

Horse Racing

Cricket

Hockey

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Sports Betting Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Sports Betting Market, by Region, 2019-2027 (USD Billion)

1.2.2. Sports Betting Market, by Platform, 2019-2027 (USD Billion)

1.2.3. Sports Betting Market, by Type, 2019-2027 (USD Billion)

1.2.4. Sports Betting Market, by Sports, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Sports Betting Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Sports Betting Market Dynamics

3.1. Sports Betting Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rising digital infrastructure and penetration of connected devices

3.1.1.2. Growing sports events and leagues

3.1.2. Market Challenges

3.1.2.1. Strict government regulations

3.1.3. Market Opportunities

3.1.3.1. Increasing use of AI and blockchain technology

Chapter 4. Global Sports Betting Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Sports Betting Market, by Platform

5.1. Market Snapshot

5.2. Global Sports Betting Market by Platform, Performance - Potential Analysis

5.3. Global Sports Betting Market Estimates & Forecasts by Platform 2018-2027 (USD Billion)

5.4. Sports Betting Market, Sub Segment Analysis

5.4.1. Online

5.4.2. Offline

Chapter 6. Global Sports Betting Market, by Type,

6.1. Market Snapshot

6.2. Global Sports Betting Market by Type, Performance-Potential Analysis

6.3. Global Sports Betting Market Estimates & Forecasts by Type, 2018-2027 (USD Billion)

6.4. Sports Betting Market, Sub Segment Analysis

6.4.1. Fixed Odds Wagering

6.4.2. Exchange Betting

6.4.3. Live/In Play Betting

6.4.4. Pari-mutuel

6.4.5. eSports Betting

6.4.6. Others

Chapter 7. Global Sports Betting Market, by Sports,

7.1. Market Snapshot

7.2. Global Sports Betting Market by Sports, Performance-Potential Analysis

7.3. Global Sports Betting Market Estimates & Forecasts by Sports, 2018-2027 (USD Billion)

7.4. Sports Betting Market, Sub Segment Analysis

7.4.1. Football

7.4.2. Basketball

7.4.3. Baseball

7.4.4. Horse Racing

7.4.5. Cricket

7.4.6. Hockey

7.4.7. Others

Chapter 8. Global Sports Betting Market, Regional Analysis

8.1. Sports Betting Market, Regional Market Snapshot

8.2. North America Sports Betting Market

8.2.1. U.S. Sports Betting Market

8.2.1.1. Platform breakdown estimates & forecasts, 2018-2027

8.2.1.2. Type breakdown estimates & forecasts, 2018-2027

8.2.1.3. Sports breakdown estimated & forecasts, 2018-2027

8.2.2. Canada Sports Betting Market

8.3. Europe Sports Betting Market Snapshot

8.3.1. U.K. Sports Betting Market

8.3.2. Germany Sports Betting Market

8.3.3. France Sports Betting Market

8.3.4. Spain Sports Betting Market

8.3.5. Italy Sports Betting Market

8.3.6. Rest of Europe Sports Betting Market

8.4. Asia-Pacific Sports Betting Market Snapshot

8.4.1. China Sports Betting Market

8.4.2. India Sports Betting Market

8.4.3. Japan Sports Betting Market

8.4.4. Australia Sports Betting Market

8.4.5. South Korea Sports Betting Market

8.4.6. Rest of Asia Pacific Sports Betting Market

8.5. Latin America Sports Betting Market Snapshot

8.5.1. Brazil Sports Betting Market

8.5.2. Mexico Sports Betting Market

8.6. Rest of The World Sports Betting Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. 888 Holdings Plc

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Platform Summary

9.2.1.5. Recent Developments

9.2.2. Bet365

9.2.3. Betsson AB

9.2.4. Churchill Downs Incorporated

9.2.5. Entain plc

9.2.6. Flutter Entertainment Plc

9.2.7. IGT

9.2.8. Kindred Group Plc

9.2.9. Sportech Plc

9.2.10. William Hill Plc

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Sports Betting Market , report scope

TABLE 2. Global Sports Betting Market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global Sports Betting Market estimates & forecasts by Platform 2018-2027 (USD Billion)

TABLE 4. Global Sports Betting Market estimates & forecasts by Type 2018-2027 (USD Billion)

TABLE 5. Global Sports Betting Market estimates & forecasts by Sports 2018-2027 (USD Billion)

TABLE 6. Global Sports Betting Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Sports Betting Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Sports Betting Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Sports Betting Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Sports Betting Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Sports Betting Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Sports Betting Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Sports Betting Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Sports Betting Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Sports Betting Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. U.S. Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. U.S. Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. U.S. Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 19. Canada Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Canada Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. Canada Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 22. UK Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. UK Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. UK Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. Germany Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. Germany Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Germany Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. RoE Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. RoE Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. RoE Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. China Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. China Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. China Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. India Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. India Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. India Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. Japan Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. Japan Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Japan Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. RoAPAC Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. RoAPAC Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. RoAPAC Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Brazil Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. Brazil Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Brazil Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. Mexico Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. Mexico Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. Mexico Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. RoLA Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. RoLA Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. RoLA Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. Row Sports Betting Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. Row Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Row Sports Betting Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. List of secondary sources, used in the study of global Sports Betting Market

TABLE 56. List of primary sources, used in the study of global Sports Betting Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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