Pune, India -- (SBWire) -- 03/07/2019 --The Global Sports Betting Market was valued at around USD 104.31 billion in 2018 and is expected to reach approximately USD 155.49 billion by 2025, growing at a healthy CAGR of +8% between 2019-2025.
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. It can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and illegal, underground dog fighting.
The Global Sports Betting Market is a thorough piece of work and is organized by conducting both primary as well secondary research. The data included in the report has been generated by industry leaders and taking inputs from them. The top most subdivisions of the market have been emphasized and these divisions have been presented by giving statistics on their current state by the end of the forecast horizon.
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The Major Players Reported In the Report Are: Boom Fantasy, Game Show Network, Skills, Sparcade, Win View, Fan Duel, Draft Kings, Fantasy Draft, Vegas, Betway, Bet Victor, Bet 365, 888 Sport.
The report provides a brief timeline for each segment of the global Sports Betting market. Key drivers and restraints impacting the market segments are also demonstrated precisely. It also helps in determining reasons for the progress of certain segments over others in the future years.
Market segment by Platform can be split into:
- Online
- Offline
Market segment by Type can be split into:
- Line-in-play
- Fixed Old Betting
- Exchange Betting
- Daily Fantasy
- Spread Betting
- E-Sports
- Pari-Mutuel
- Others
Market segment by Sports Type can be split into:
- Football
- Baseball
- Basketball
- Hockey
- Cricket
- Tennis
- Golf
- Boxing
- Horse Riding
Moving forward, a competitive landscape of Sports Betting Market is presented for understanding the market importance. This section gives the prime strategies, weaknesses and strengths and the major contributed of the growth have been highlighted. Regionally, market can be split into: North America, Europe, China, Japan, and Southeast Asia, India.
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The foremost business strategies such as associations, partnerships and the contracts that are implemented by the vital players in the market are recognized and analyzed in the report. Additionally, the report also offers the extensive research of the Sports Betting Market and the detailed insights on the competitiveness of the players.
The study objectives of this report are:
-To study and forecast the market size of Sports Betting in global market.
-To analyze the global key players, SWOT analysis, value and global market share for top players.
-To define, describe and forecast the market by type, end use and region.
-To analyze and compare the market status and forecast among global major regions.
-To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
-To identify significant trends and factors driving or inhibiting the market growth.
-To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
-To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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