Global Online Sports Betting Market Research Report 2022

Market Analysis and Insights: Global Online Sports Betting Market
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. Online sports betting is a kind of sports betting conducted on the internet.
The global Online Sports Betting market size is projected to reach US$ 70810 million by 2028, from US$ 37970 million in 2021, at a CAGR of 9.2% during 2022-2028.
According to different games, the Global Online sports betting market can be divided into Soccer, American Football, Basketball, Hockey, Mixed Martial Arts and Boxing, etc. As the most popular sport in the world, Soccer has occupied the most important market in the Global Online sports betting market. Soccer is estimated to account for a revenue share nearly 50% in 2019.
According to the betting channel, the Global Online sports betting market can be divided into Desktop and Mobile Devices. Mobile Devices is expected to occupy about 40% of the market share in 2019.
In 2019, the Global Online Sports betting market was led by Europe and accounted about 57% of the market share.
The Key players operating into Global Online sports betting Market are Bet365, Flutter Entertainment, GVC Holdings and Kindred Group, etc. Bet365 and Flutter Entertainment are the two players with the largest sales share, occupying nearly 9% and 5% of the market share in 2019, respectively.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Online Sports Betting market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Online Sports Betting market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Online Sports Betting market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Online Sports Betting market.
Global Online Sports Betting Scope and Market Size
Online Sports Betting market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Online Sports Betting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Soccer
American Football
Basketball
Hockey
Mixed Martial Arts and Boxing
Others
Segment by Application
Desktop
Mobile Devices
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Flutter Entertainment
GVC Holdings
Bet365
William Hill
Kindred Group
888 Holdings
Betsson AB
DraftKings
Pinnacle
Betway
Betfred
Bet-at-home.com
BetAmerica
BetVictor
Sports Interaction
BetWinner
SBOBET