Global Sports Betting Industry Trend, Research, Insights and Forecast 2022

21-Sep-2018 The global sports betting market is expected to rise at a significant CAGR of 8.62% during the period 2018-2022. Sports betting market is driven by significant outlay of users on online platforms for gambling and easy money practices. Virtual gaming is getting a wider attention due to rise in the number of users logging on hourly basis. The primary audience for sports betting includes the age group of 16-23 years and the secondary audience (above 26 years of age). For the former age group, betting rooms such as rummies and lotteries exist whereas the latter age group actively deals with football, hockey, cricket, auto racing, horseracing, and dog racing.

Out of the ones mentioned, horseracing and dog racing are legal in most of the countries; whereas betting on football, hockey, and cricket have limitations to operate in several countries. However, scandals and illegal betting practises involving a huge amount of money have hindered the market growth for sports betting activities. Stringent laws by Government in several countries are expected to check the illegal market in the forecast period.

Geographical segmentation for sports betting market includes North America, South America, Europe, Asia-Pacific, Middle East, and Africa. Asia-Pacific dominates the sports betting market due to presence of digital platforms, user adoption to online betting, and presence of a sizeable market in several regions of APAC.

Browse Full Research Report With TOC: https://www.radiantinsights.com/research/global-sports-betting-market-2018-2022

Additionally, increase in demand for online games that involve money gambling contributes significantly to the sports betting market. Horseracing is one of the prominent areas of sports betting.

As compared to European and North American counterparts, the market is in its booming stages with more people actively interested in wrestling and knockout matches. Middle Eastern and African regions operate on regional levels but have a greater access to online casinos. The key players in the sports betting market include GVC holdings, Kindred Group, William Hill, Paddy Power Betfair, and 888 Holdings.

 About Sports Betting 

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

Covered in this report 

The report covers the present scenario and the growth prospects of the global sports betting market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of sports betting.

The market is divided into the following segments based on geography: 

• Americas
• APAC
• EMEA

Key vendors 

• 888 Holdings
• GVC Holdings
• Kindred Group
• Paddy Power Betfair
• William Hill

Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
• Market outline

PART 05: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 06: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022

PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 08: MARKET INFORMATION BY SPORTS
• Sports betting industry by various sports

PART 09: MARKET SEGMENTATION BY PLATFORM
• Global sports betting market by platform
• Comparison by platform
• Global online sports betting market
• Global offline sports betting market
• Market opportunity by platform

Interested in this report? Get your FREE sample now! https://www.radiantinsights.com/research/global-sports-betting-market-2018-2022/request-sample

 If you have any special requirements, please let us know and we will offer you the report as you want.

Comments

Post a Comment

Popular posts from this blog

Global Sales Tax Software Market Size by Type, Application 2019-2025

14-jan-2019 This report focuses on the global Sales Tax Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Sales Tax Software development in United States, Europe and China. In 2017, the global Sales Tax Software market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. The key players covered in this study • TaxCloud • CFS Tax Software • Exactor • Wolters Kluwer • Service Objects • Thomson Reuters • Sales Tax DataLINK • Sovos Compliance • TaxJar • LegalRaasta.com • Vertex Request a Sample Copy of This Report:  https://www.radiantinsights.com/research/global-sales-tax-software-market-size-status-and-forecast-2018-2025/request-sample Market segment by Type, the product can be split into • Cloud, SaaS, Web • Mobile - Android Native • Mobile - iOS Native • Other Market segment by Application, split into • ...
Read more

Network Security Sandbox Market Insight, Size, Share, Key Players, Research, Capacity, Production and Forecast 2025

  The global Network Security Sandbox Market size is expected to value USD 40.48 billion by 2025. The market is subject to witness a substantial growth due to the increase in the number of incidences related to cyber-crimes & Advanced Persistent Threats (APTs), and rise in the adoption of cyber intrusion prevention technology solution to avoid data breach. Increasing focus on the development of highly advanced security solutions by leading industry players to strengthen their organizational–level security such as Blue Coat, Check-Point, and Trend Micro is expected to fuel growth of the market in the years to come. Globally, the network security sandbox market is predicted to grow at a CAGR of 53.6% in the forecast period, providing numerous opportunities for market players to invest in research and development in the market. The recent enhancement in the network security sandboxing systems as compared to its condition during initial phase, is expected to drive more audience tow...
Read more

Global Digital Health Market Expected to Reach USD 509.2 billion by 2025

4-jun-2019 The global digital health market expanding at a CAGR of 27.7% over the forecast period, according to a new report by Grand View Research, Inc. Growing adoption of mHealth technologies by physicians to prescribe for self-management of chronic illness, such as diabetes, has propelled the growth of the market. For instance, Glooko is specifically used for management of diabetes. Availability of such apps in smartphones makes it easier for healthcare professionals to access patient information and diagnose diseases. Furthermore, increase in penetration of smartphones and internet connectivity are the key factors driving the market. Growing need for improving workflow efficiency in hospitals and other healthcare centers is propelling the demand for mHealth services in healthcare administration. For instance, Results SMS in Uganda is an open source SMS-based platform providing appointment reminders. It gives appointment reminders as SMS to patients. In addition, mHealth servic...
Read more