Sports Betting Market (Game Type: Cybersports, Table Tennis, Football, Basketball, Baseball, Hockey, Cricket, Boxing, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Jan 2023| TMR1673C| Transparency

Report Highlights

Sports Betting Market – Scope of Report

TMR’s report on the global sports betting market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global sports betting market for the period 2017–2031, considering 2022 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global sports betting market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the sports betting market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global sports betting market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global sports betting market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global sports betting market.

The report delves into the competitive landscape of the global sports betting market. Key players operating in the global sports betting market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global sports betting market profiled in this report.

RESEARCH METHODOLOGY
The research methodology will be a combination of exhaustive primary and secondary research to analyze the market sports betting.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

  • Company websites, presentations, annual reports, white papers, technical paper, product brochure
  • Internal and external proprietary databases and relevant patents
  • National government documents, statistical databases, and market reports
  • News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

  • Industry Sources:
    • WorldWideScience.org
    • Elsevier, Inc.
    • National Institutes of Health (NIH)
    • PubMed
    • NCBI
    • Department of Health Care Service
  • Trade Data Sources
    • Trade Map
    • UN Comtrade
    • Trade Atlas
  • Company Information
    • OneSource Business Browser
    • Hoover’s
    • Factiva
    • Bloomberg
  • Mergers & Acquisitions
    • Thomson Mergers & Acquisitions
    • MergerStat
    • Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

We conduct primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

  • Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
  • Purchasing/Sourcing managers, technical personnel, distributors
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

  • Advanced Oncotherapy PLC
  • Danfysik A/S
  • Hitachi, Ltd.
  • IBA Worldwide
  • Mevion Medical Systems, Inc.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2031
Growth rate 9.10%
Units considered $ Billion
Segments covered By Game Type, By Betting Type, By Platform, By Region
Industry covered Consumer Goods
Countries covered North America, Europe, Asia Pacific, Middle East & Africa, South America
Companies studied
  • BETSSON AB,
  • 888 Holdings plc.,
  • Fortuna Entertainment Group a.s. (FEG),
  • Gal Sports Betting (U) Limited,
  • Entain,
  • Kindred Group plc,
  • Betway,
  • Flutter,
  • Bet365,
  • TechSolutions Group N.V

Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with “TMR Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others

Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.

  • Table 1 : Global Sports Betting Market Value (US$ Bn) Projection By Game Type 2017-2031
  • Table 2 : Global Sports Betting Market Value (US$ Bn) Projection By Betting Type 2017-2031
  • Table 3 : Global Sports Betting Market Value (US$ Bn) Projection By Platform 2017-2031
  • Table 4 : Global Sports Betting Market Value (US$ Bn) Projection By Region 2017-2031
  • Table 5 : North America Sports Betting Market Value (US$ Bn) Projection By Game Type 2017-2031
  • Table 6 : North America Sports Betting Market Value (US$ Bn) Projection By Betting Type 2017-2031
  • Table 7 : North America Sports Betting Market Value (US$ Bn) Projection By Platform 2017-2031
  • Table 8 : North America Sports Betting Market Value (US$ Bn) Projection By Country 2017-2031
  • Table 9 : Europe Sports Betting Market Value (US$ Bn) Projection By Game Type 2017-2031
  • Table 10 : Europe Sports Betting Market Value (US$ Bn) Projection By Betting Type 2017-2031
  • Table 11 : Europe Sports Betting Market Value (US$ Bn) Projection By Platform 2017-2031
  • Table 12 : Europe Sports Betting Market Value (US$ Bn) Projection By Country 2017-2031
  • Table 13 : Asia Pacific Sports Betting Market Value (US$ Bn) Projection By Game Type 2017-2031
  • Table 14 : Asia Pacific Sports Betting Market Value (US$ Bn) Projection By Betting Type 2017-2031
  • Table 15 : Asia Pacific Sports Betting Market Value (US$ Bn) Projection By Platform 2017-2031
  • Table 16 : Asia Pacific Sports Betting Market Value (US$ Bn) Projection By Country 2017-2031
  • Table 17 : Middle East & Africa Sports Betting Market Value (US$ Bn) Projection By Game Type 2017-2031
  • Table 18 : Middle East & Africa Sports Betting Market Value (US$ Bn) Projection By Betting Type 2017-2031
  • Table 19 : Middle East & Africa Sports Betting Market Value (US$ Bn) Projection By Platform 2017-2031
  • Table 20 : Middle East & Africa Sports Betting Market Value (US$ Bn) Projection By Country 2017-2031
  • Table 21 : South America Sports Betting Market Value (US$ Bn) Projection By Game Type 2017-2031
  • Table 22 : South America Sports Betting Market Value (US$ Bn) Projection By Betting Type 2017-2031
  • Table 23 : South America Sports Betting Market Value (US$ Bn) Projection By Platform 2017-2031
  • Table 24 : South America Sports Betting Market Value (US$ Bn) Projection By Country 2017-2031
  • Figure 1 : Global Sports Betting Market Value (US$ Bn) Projection, By Game Type 2017-2031
  • Figure 2 : Global Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Game Type 2022-2031
  • Figure 3 : Global Sports Betting Market Value (US$ Bn) Projection, By Betting Type 2017-2031
  • Figure 4 : Global Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Betting Type 2022-2031
  • Figure 5 : Global Sports Betting Market Value (US$ Bn) Projection, By Platform 2017-2031
  • Figure 6 : Global Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Platform 2022-2031
  • Figure 7 : Global Sports Betting Market Value (US$ Bn) Projection, By Region 2017-2031
  • Figure 8 : Global Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Region 2022-2031
  • Figure 9 : North America Sports Betting Market Value (US$ Bn) Projection, By Game Type 2017-2031
  • Figure 10 : North America Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Game Type 2022-2031
  • Figure 11 : North America Sports Betting Market Value (US$ Bn) Projection, By Betting Type 2017-2031
  • Figure 12 : North America Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Betting Type 2022-2031
  • Figure 13 : North America Sports Betting Market Value (US$ Bn) Projection, By Platform 2017-2031
  • Figure 14 : North America Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Platform 2022-2031
  • Figure 15 : North America Sports Betting Market Value (US$ Bn) Projection, By Country 2017-2031
  • Figure 16 : North America Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Country 2022-2031
  • Figure 17 : Europe Sports Betting Market Value (US$ Bn) Projection, By Game Type 2017-2031
  • Figure 18 : Europe Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Game Type 2022-2031
  • Figure 19 : Europe Sports Betting Market Value (US$ Bn) Projection, By Betting Type 2017-2031
  • Figure 20 : Europe Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Betting Type 2022-2031
  • Figure 21 : Europe Sports Betting Market Value (US$ Bn) Projection, By Platform 2017-2031
  • Figure 22 : Europe Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Platform 2022-2031
  • Figure 23 : Europe Sports Betting Market Value (US$ Bn) Projection, By Country 2017-2031
  • Figure 24 : Europe Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Country 2022-2031
  • Figure 25 : Asia Pacific Sports Betting Market Value (US$ Bn) Projection, By Game Type 2017-2031
  • Figure 26 : Asia Pacific Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Game Type 2022-2031
  • Figure 27 : Asia Pacific Sports Betting Market Value (US$ Bn) Projection, By Betting Type 2017-2031
  • Figure 28 : Asia Pacific Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Betting Type 2022-2031
  • Figure 29 : Asia Pacific Sports Betting Market Value (US$ Bn) Projection, By Platform 2017-2031
  • Figure 30 : Asia Pacific Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Platform 2022-2031
  • Figure 31 : Asia Pacific Sports Betting Market Value (US$ Bn) Projection, By Country 2017-2031
  • Figure 32 : Asia Pacific Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Country 2022-2031
  • Figure 33 : Middle East & Africa Sports Betting Market Value (US$ Bn) Projection, By Game Type 2017-2031
  • Figure 34 : Middle East & Africa Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Game Type 2022-2031
  • Figure 35 : Middle East & Africa Sports Betting Market Value (US$ Bn) Projection, By Betting Type 2017-2031
  • Figure 36 : Middle East & Africa Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Betting Type 2022-2031
  • Figure 37 : Middle East & Africa Sports Betting Market Value (US$ Bn) Projection, By Platform 2017-2031
  • Figure 38 : Middle East & Africa Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Platform 2022-2031
  • Figure 39 : Middle East & Africa Sports Betting Market Value (US$ Bn) Projection, By Country 2017-2031
  • Figure 40 : Middle East & Africa Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Country 2022-2031
  • Figure 41 : South America Sports Betting Market Value (US$ Bn) Projection, By Game Type 2017-2031
  • Figure 42 : South America Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Game Type 2022-2031
  • Figure 43 : South America Sports Betting Market Value (US$ Bn) Projection, By Betting Type 2017-2031
  • Figure 44 : South America Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Betting Type 2022-2031
  • Figure 45 : South America Sports Betting Market Value (US$ Bn) Projection, By Platform 2017-2031
  • Figure 46 : South America Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Platform 2022-2031
  • Figure 47 : South America Sports Betting Market Value (US$ Bn) Projection, By Country 2017-2031
  • Figure 48 : South America Sports Betting Market, Incremental Opportunities (US$ Bn), Forecast, By Country 2022-2031

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