Global Pre-recorded Racing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pre-recorded Racing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Pre-recorded Racing market finds that the global Pre-recorded Racing market reached a value of USD 152.73 million in 2022. It’s expected that the market will achieve USD 216.9 million by 2028, exhibiting a CAGR of 6.02% during the forecast period.

The emergence of new technologies

With the development of technology, technological progress. The channels of the products are more diversified. And with the rapid development of the Internet and mobile devices. People can participate in the game more easily, and the convenient way to participate will attract more customers.

Product improvement and update

With the development of products, richer gameplay and more sophisticated odds setting and incentives will continue to attract customers. This will further expand the market for products.

Regulation of horse racing and dog racing
With the development of the horse racing and dog racing industry, more and more organizations are beginning to pay attention to the welfare of horses and dogs. In some cases, these animals may be abused and affect their health. This requires strengthening the supervision of the industry.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Europe (46.15% in 2022).

Company Overview:

Golden Race is one of the major players operating in the Pre-recorded Racing market, holding a share of 15.12% in 2023.

Golden Race

Golden Race is a B2B based virtual betting solution and service provider company. The company provides software and technology for online casinos, online sports betting, mobile games, human rights games and gambling shops.

Global Bet

Global Bet has more than 8,000 land installations, satellite broadcasting, more than 200 website integration and customers worldwide. They are the largest participants in the industry and market leaders of virtual sports.

Segmentation Overview:

Among different product types, Horse Racing segment is anticipated to contribute the largest market share in 2028.

Application Overview:

The market's largest segment by application is the segment Retail, with a market share of 71.19% in 2022.

Key Companies in the global Pre-recorded Racing market covered in Chapter 3:

WahoGames
Global Bet
Elbet
DS Virtual Gaming
Mohio
eGameProvider
Nsoft
Virtual Generation Ltd
Golden Race
Evona
Vir2al Games

In Chapter 4 and Chapter 14.2, on the basis of types, the Pre-recorded Racing market from 2018 to 2029 is primarily split into:

Dog Racing
Horse Racing
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pre-recorded Racing market from 2018 to 2029 covers:

Online
Retail

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)