+1 832 495 4885
info@azothanalytics.com

Report Details

Home / Reports / Electronics & Technology / Global Online Sports Betting Market (2024 Edition): Analysis By Type (Fixed Odds Wagering, ...

Global Online Sports Betting Market (2024 Edition): Analysis By Type (Fixed Odds Wagering, Live Betting, Daily Fantasy, Others), By Age, By Sports, By Region, By Country: Market Insights and Forecast (2019-2029)

Category: Electronics & Technology

Publish Date: February 2024

No. of Pages: 280

Format: Pdf

  • USD

Licensing options

Add to cart Request Sample

Executive Summary

Azoth Analytics has released a research report titled “Global Online Sports Betting Market (2024 Edition)” which provides a complete analysis of the Global Online Sports Betting industry in terms of market segmentation By Type (Fixed Odds Wagering, Live/In-Play Betting, Daily Fantasy, Other Types), By Age (18-23 Years, 24-40 Years, 41-54 Years and Above 55 Years), By Sports (Basketball, Boxing / MMA, Esports, Football/ Soccer, American Football, Tennis and Other Sports) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.

The report analyses the Online Sports Betting Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa) and 10 Countries (United States, Canada, Brazil, Germany, United Kingdom, France, Italy, China, Japan, South India). The Global Online Sports Betting market showcased growth at a CAGR of 10.2% during 2019-2022. The market was valued at USD 27.08 Billion in 2022 which is expected to reach USD 70.63 Billion in 2029. Sports have a universal appeal, and many major sports, such as football (soccer), basketball, cricket, and others, enjoy a massive global fan base. The popularity of these sports creates a natural demand for betting on events and matches. Moreover, the global expansion of the internet and improved connectivity has led to a larger audience having access to online sports betting platforms. As more people gain internet access, the potential user base for online sports betting naturally expands.

The proliferation of smartphones and the advancement of mobile technologies have made it easier for individuals to engage in online sports betting on the go. Mobile apps and responsive websites provide a seamless and convenient experience, attracting a broader audience. Additionally, online sports betting platforms have invested in creating user-friendly interfaces, making it easier for both experienced and novice bettors to navigate and place wagers. Intuitive design contributes to a positive user experience, encouraging more individuals to participate.

Moreover, major international sporting events, such as the FIFA World Cup, the Olympics, and high-profile league matches, draw significant attention. The anticipation and excitement surrounding these events contribute to a surge in active users on sports betting platforms. The legalization and regulation of online sports betting in several countries and jurisdictions have contributed to its growing popularity. This has created a safer and more trustworthy environment for users to engage in online betting.

Online sports betting platforms provide a diverse range of betting options, including various sports, leagues, and betting markets. This variety caters to a broad audience with different preferences, increasing overall user engagement. Furthermore, changing societal attitudes toward online gambling contributes to a broader acceptance of sports betting as a form of entertainment. As stigma decreases, more individuals are likely to participate in online sports betting.

Mobile apps have significantly increased the accessibility of online sports betting. Users can place bets from anywhere at any time, as long as they have a mobile device and an internet connection. This convenience has played a crucial role in expanding the user base for online sports betting. Mobile applications enable users to engage in sports betting while on the move. Whether at home, at work, or in transit, users can access their betting accounts and place bets in real-time. This flexibility caters to the dynamic lifestyles of many individuals. Mobile apps are designed to provide a user-friendly interface and a seamless experience. They often include features such as live streaming, live in-play betting, and push notifications for real-time updates. These enhancements contribute to a more engaging and enjoyable user experience. Mobile apps can leverage new technologies, such as augmented reality (AR) and virtual reality (VR), to enhance the immersive nature of sports betting. These technologies can provide users with unique and interactive experiences, contributing to the overall appeal of mobile sports betting.

Mobile betting apps often allow users to customize their preferences and settings. This personalization enhances the user experience by tailoring the app to individual preferences, creating a more personalized and engaging platform. Moreover, Mobile apps play a crucial role in facilitating in-play or live betting. Users can place bets on ongoing events, responding to changing game dynamics in real time. This feature adds an extra layer of excitement to the betting experience.

 

Scope of the Report

• The report analyses the Online Sports Betting Market by Value (USD Billion).  

• The report presents the analysis of the Online Sports Betting Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.  

• The report analyses the Online Sports Betting Market By Type (Fixed Odds Wagering, Live/ In Play Betting, Daily Fantasy, Other Types)

• The report analyses the Online Sports Betting Market By Age (18-23 Years, 24-40 Years, 41-54 Years and Above 55 Years).  

• The report analyses the Online Sports Betting Market By Sports (Basketball, Boxing / MMA, Esports, Football/ Soccer, American Football, Tennis and Other Sports).

• The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Types, by mode of operation & by end users.  

• Also, the major opportunities, trends, drivers, and challenges of the industry have been analyzed in the report.  

• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Kambi Group PLC, 888 Holdings PLC, DraftKings Inc., Betsson AB, Flutter Entertainment PLC, Kindred Group PLC, Bet365 Group Limited, Betway Group, Dream Sports Inc. and 10bet

One can also purchase any particular sections from this report. Please send us an email to info@azothanalytics.com with your order details.

Related Reports

Global Advanced Authentication Market (2024 Edition): Analysis By Deployment (Cl ...

Read More

Global Satellite Connectivity Market (2024 Edition): Analysis By Component (Vide ...

Read More

Global LiDAR Solution Market (2024 Edition): Analysis By Solution (Software and ...

Read More

Global Liquid Cooling Server Racks Market (2024 Edition): Analysis By Type (Open ...

Read More

Global Metaverse Market (2024 Edition): Analysis By Product (Hardware, Software ...

Read More

Global Current and Voltage Sensors Market (2024 Edition): Analysis By Technology ...

Read More

Global Wafer Cleaning Equipment Market (2024 Edition): Analysis By Equipment Typ ...

Read More

Global Simulation and Analysis Market (2024 Edition): Analysis By Component (Sof ...

Read More

Report Categories

Need More Help? Contact us Right now!

No matter the hour, we’re here to help.

Contact us now!

About us


Azoth Analytics (ISO 9001:2015) is a business research and analytics company that creates in-depth research reports and provides customized research solutions and consulting services.

Important Links

Address

  • 1321 Upland Dr. PMB 15832, Houston, Texas, 77043, US
  • info@azothanalytics.com
  • +1 832 495 4885

Socialize with us

© 2024 Azoth Analytics | All rights reserved