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

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

eSports is a form of competition using video games. Most commonly, eSports takes the form of organized, multiplayer video game competitions, particularly between professional players, individually or as teams. Betting on eSports is more or less identical to betting on traditional sports, with the caveat that the eSports betting product is far less developed than the traditional sports betting product. Players can choose between cash-based or skins-based sites when betting on eSports matches.
LPI (LP Information)' newest research report, the “eSports Betting Industry Forecast” looks at past sales and reviews total world eSports Betting sales in 2022, providing a comprehensive analysis by region and market sector of projected eSports Betting sales for 2023 through 2029. With eSports Betting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world eSports Betting industry.
This Insight Report provides a comprehensive analysis of the global eSports 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 eSports Betting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global eSports Betting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for eSports Betting and breaks down the forecast by game type, by player age, 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 eSports Betting.
The global eSports Betting market size is projected to grow from US$ 422.9 million in 2022 to US$ 1440.9 million in 2029; it is expected to grow at a CAGR of 19.1% from 2023 to 2029.
The key players operating into global eSports betting market are Entain, Kindred Group, Bet365, William Hill and Dafabet, etc. The top five players hold a share about 36%. Europe is the largest producer of eSports betting, holds a share over 40%, followed by North America and Southeast Asia. The largest market is Europe, holds a share about 45%, followed by Asia Pacific and North America, with around 33% and 14% market share respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of eSports Betting market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by game type
League of Legends
Dota 2
CS: GO
Others
Segmentation by player age
Ages 18-25
Ages 26-30
Ages 31 and Above
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.
William Hill
GVC Holdings
888 Holdings
Kindred Group
Betsson AB
Betway
Pinnacle
Bet365
Bet-at-home.com
Unikrn
Betfred
BetWinner
Betvictor
GG.BET
Buff.bet
Intertops
Betcris
Esports Entertainment Group
SBOBET

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