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Sports Betting Market Competitors, Region, Product Application by 2018-2025

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annesa saha
Sports Betting Market Competitors, Region, Product Application by 2018-2025

March 8, 2019: This report focuses on the global Sports Betting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Sports Betting development in United States, Europe and China.

Sports betting is a type of gambling activity that involves predicting the outcome of a sports activity and placing wagers accordingly.

During 2017, the land-based sports betting segment accounted for the highest share in the global sports betting market, however the segment will lose some of its share to the online sports betting during the forecast period due to the popularity of digital betting platforms. The high growth prospects of online sports betting are mainly due to the large number of passionate viewers of games like NFL, NBL, FIFA, and Indian Premier League (IPL). The online sports betting market is quite popular in Europe owing to several football matches held in the region each year.

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APAC will continue its dominance in the sports betting market during the forecast period and is likely to occupy around 45% of the overall market revenue. The major reason for this region's growth is the easy government regulation and improved spending capability of the populace. The increased penetration of internet has created awareness among people about the latest online entertainment and gambling trends, especially in sports. Macau and Hong Kong are the major revenue generating countries in APAC.

In 2017, the global Sports Betting market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

Market segment by Type, the product can be split into

  • Land-Based Sports Betting
  • Online Sports Betting

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Market segment by Application, split into

  • Association Football (Soccer)
  • American Football
  • Basketball
  • Hockey
  • Mixed Martial Arts
  • Boxing
  • Other

Market segment by Regions/Countries, this report covers

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

The study objectives of this report are:

  • To analyze global Sports Betting status, future forecast, growth opportunity, key market and key players.
  • To present the Sports Betting development in United States, Europe and China.
  • To strategically profile the key players and comprehensively analyze their development plan and strategies.
  • To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Sports Betting are as follows:

  • History Year: 2013-2017
  • Base Year: 2017
  • Estimated Year: 2018
  • Forecast Year 2018 to 2025

About Radiant Insights

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