The global sports betting market is expected to rise at a significant CAGR of 8.62% during the period 2018-2022. Sports betting market is driven by significant outlay of users on online platforms for gambling and easy money practices. Virtual gaming is getting a wider attention due to rise in the number of users logging on hourly basis. The primary audience for sports betting includes the age group of 16-23 years and the secondary audience (above 26 years of age). For the former age group, betting rooms such as rummies and lotteries exist whereas the latter age group actively deals with football, hockey, cricket, auto racing, horseracing, and dog racing. Out of the ones mentioned, horseracing and dog racing are legal in most of the countries; whereas betting on football, hockey, and cricket have limitations to operate in several countries. However, scandals and illegal betting practises involving a huge amount of money have hindered the market growth for sports betting activities. Stringent laws by Government in several countries are expected to check the illegal market in the forecast period. Geographical segmentation for sports betting market includes North America, South America, Europe, Asia-Pacific, Middle East, and Africa. Asia-Pacific dominates the sports betting market due to presence of digital platforms, user adoption to online betting, and presence of a sizeable market in several regions of APAC. Additionally, increase in demand for online games that involve money gambling contributes significantly to the sports betting market. Horseracing is one of the prominent areas of sports betting. As compared to European and North American counterparts, the market is in its booming stages with more people actively interested in wrestling and knockout matches. Middle Eastern and African regions operate on regional levels but have a greater access to online casinos. The key players in the sports betting market include GVC holdings, Kindred Group, William Hill, Paddy Power Betfair, and 888 Holdings. About Sports Betting Sports betting is a type of gambling activity that involves predicting the outcome of a sports activity and placing wagers accordingly. Technavio's analysts forecast the global sports betting market to grow at a CAGR of 8.62% during the period 2018-2022. Covered in this report The report covers the present scenario and the growth prospects of the global sports betting market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of sports betting. The market is divided into the following segments based on geography: • Americas • APAC • EMEA Technavio's report, Global Sports Betting Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors • 888 Holdings • GVC Holdings • Kindred Group • Paddy Power Betfair • William Hill Market driver • The digital revolution in sports industry • For a full, detailed list, view our report Market trend • Growing popularity of virtual sports betting • For a full, detailed list, view our report Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Table of Contents PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: INTRODUCTION • Market outline PART 05: MARKET LANDSCAPE • Market ecosystem • Market characteristics • Market segmentation analysis PART 06: MARKET SIZING • Market definition • Market sizing 2017 • Market size and forecast 2017-2022 PART 07: FIVE FORCES ANALYSIS • Bargaining power of buyers • Bargaining power of suppliers • Threat of new entrants • Threat of substitutes • Threat of rivalry • Market condition PART 08: MARKET INFORMATION BY SPORTS • Sports betting industry by various sports PART 09: MARKET SEGMENTATION BY PLATFORM • Global sports betting market by platform • Comparison by platform • Global online sports betting market • Global offline sports betting market • Market opportunity by platform PART 10: CUSTOMER LANDSCAPE PART 11: REGIONAL LANDSCAPE • Global sports betting market by geography • Regional comparison • Americas - Market size and forecast 2017-2022 • EMEA - Market size and forecast 2017-2022 • APAC - Market size and forecast 2017-2022 • Market opportunity PART 12: DECISION FRAMEWORK PART 13: DRIVERS AND CHALLENGES • Market drivers • Market challenges PART 14: MARKET TRENDS • Usage of betting tools • Popularity of virtual sports betting • Legalization of sports betting PART 15: VENDOR LANDSCAPE • Overview • Landscape disruption • Competitive scenario PART 16: VENDOR ANALYSIS • Vendors covered • Vendor classification • Market positioning of vendors • 888 Holdings • GVC Holdings • Kindred Group • Paddy Power Betfair • William Hill • Other prominent vendors PART 17: APPENDIX • List of abbreviations PART 18: EXPLORE TECHNAVIO List of Exhibits Exhibit 01: Global gambling market 2017 Exhibit 02: Global sports betting market Exhibit 03: Market characteristics Exhibit 04: Market segments Exhibit 05: Market definition - Inclusions and exclusions checklist Exhibit 06: Global sports betting market 2017 Exhibit 07: Validation techniques employed for market sizing 2017 Exhibit 08: Global sports betting market - Market size and forecast 2017-2022 ($ billions) Exhibit 09: Global sports betting market - Year-over-year growth 2018-2022 (%) Exhibit 10: Five forces analysis 2017 Exhibit 11: Five forces analysis 2022 Exhibit 12: Bargaining power of buyers Exhibit 13: Bargaining power of suppliers Exhibit 14: Threat of new entrants Exhibit 15: Threat of substitutes Exhibit 16: Threat of rivalry Exhibit 17: Market condition - Five forces 2017 and 2022 Exhibit 18: Global sports betting market by platform - Market share 2017-2022 (%) Exhibit 19: Comparison by platform Exhibit 20: Global online sports betting market - Market size and forecast 2017-2022 ($ billions) Exhibit 21: Global online sports betting market - Year-over-year growth 2018-2022 (%) Exhibit 22: Global offline sports betting platform - Market size and forecast 2017-2022 ($ billions) Exhibit 23: Global offline sports betting platform - Year-over-year growth 2018-2022 (%) Exhibit 24: Market opportunity by platform Exhibit 25: Customer landscape Exhibit 26: Global sports betting market - Market share by geography 2017-2022 (%) Exhibit 27: Regional comparison Exhibit 28: Americas - Market size and forecast 2017-2022 ($ billions) Exhibit 29: Americas - Year-over-year growth 2018-2022 (%) Exhibit 30: Top 3 countries in Americas Exhibit 31: EMEA - Market size and forecast 2017-2022 ($ billions) Exhibit 32: EMEA - Year-over-year growth 2018-2022 (%) Exhibit 33: Top 3 countries in EMEA Exhibit 34: APAC - Market size and forecast 2017-2022 ($ billions) Exhibit 35: APAC - Year-over-year growth 2018-2022 (%) Exhibit 36: Top 3 countries in APAC Exhibit 37: Market opportunity Exhibit 38: Vendor landscape Exhibit 39: Landscape disruption Exhibit 40: Vendors covered Exhibit 41: Vendor classification Exhibit 42: Market positioning of vendors Exhibit 43: Holdings - Overview Exhibit 44: Holdings - Organizational developments Exhibit 45: Holdings - Geographic focus Exhibit 46: Holdings - Segment focus Exhibit 47: Holdings - Key offerings Exhibit 48: GVC Holdings - Overview Exhibit 49: GVC Holdings - Business segments offerings Exhibit 50: GVC Holdings - Organizational developments Exhibit 51: GVC Holdings - Geographic focus Exhibit 52: GVC Holdings - Segment focus Exhibit 53: GVC Holdings - Key offerings Exhibit 54: Kindred Group - Overview Exhibit 55: Kindred Group - Business segments offerings Exhibit 56: Unibet - Business segments offerings Exhibit 57: Kindred Group - Organizational developments Exhibit 58: Kindred Group - Geographic focus Exhibit 59: Kindred Group - Segment focus Exhibit 60: Kindred Group - Key offerings Exhibit 61: Paddy Power Betfair - Overview Exhibit 62: Paddy Power Betfair - Business segment offerings Exhibit 63: Paddy Power Betfair - Organizational developments Exhibit 64: Paddy Power Betfair - Geographic focus Exhibit 65: Paddy Power Betfair - Segment focus Exhibit 66: Paddy Power Betfair - Key offerings Exhibit 67: William Hill - Overview Exhibit 68: William Hill - Business segments Exhibit 69: William Hill - Organizational developments Exhibit 70: William Hill - Geographic focus Exhibit 71: Willian Hill - Segment focus Exhibit 72: Willian Hill - Key offerings Exhibit 73: Other prominent vendors
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