Global Online Sports Betting Market Growth (Status and Outlook) 2023-2029

Global Online Sports Betting Market Growth (Status and Outlook) 2023-2029

Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Online sports betting is a kind of sports betting conducted on the internet.
LPI (LP Information)' newest research report, the “Online Sports Betting Industry Forecast” looks at past sales and reviews total world Online Sports Betting sales in 2022, providing a comprehensive analysis by region and market sector of projected Online Sports Betting sales for 2023 through 2029. With Online Sports Betting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Online Sports Betting industry.
This Insight Report provides a comprehensive analysis of the global Online Sports Betting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Online Sports Betting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Online Sports Betting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Online Sports Betting and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Online Sports Betting.
The global Online Sports Betting market size is projected to grow from US$ 37140 million in 2022 to US$ 70310 million in 2029; it is expected to grow at a CAGR of 9.5% from 2023 to 2029.
According to different games, the Global Online sports betting market can be divided into Soccer, American Football, Basketball, Hockey, Mixed Martial Arts and Boxing, etc. As the most popular sport in the world, Soccer has occupied the most important market in the Global Online sports betting market. Soccer is estimated to account for a revenue share nearly 50% in 2019.
According to the betting channel, the Global Online sports betting market can be divided into Desktop and Mobile Devices. Mobile Devices is expected to occupy about 40% of the market share in 2019.
In 2019, the Global Online Sports betting market was led by Europe and accounted about 57% of the market share.
The Key players operating into Global Online sports betting Market are Bet365, Flutter Entertainment, GVC Holdings and Kindred Group, etc. Bet365 and Flutter Entertainment are the two players with the largest sales share, occupying nearly 9% and 5% of the market share in 2019, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Online Sports Betting market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Soccer
American Football
Basketball
Hockey
Mixed Martial Arts and Boxing
Others
Segmentation by application
Desktop
Mobile Devices
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Flutter Entertainment
GVC Holdings
Bet365
William Hill
Kindred Group
888 Holdings
Betsson AB
DraftKings
Pinnacle
Betway
Betfred
Bet-at-home.com
BetAmerica
BetVictor
Sports Interaction
BetWinner
SBOBET

Please note: The report will take approximately 2 business days to prepare and deliver.