About Sports Betting
Sports betting is a very popular type of gambling that involves predicting sports results and placing a wager on the outcome. There is a wide range of sports betting available in the market. Some of the most popular games that involve high betting are football, horse racing, cricket, basketball, greyhound racing, baseball, and golf. More than 60% of the sports betting done across the world are illegal as the governments are trying to maintain a balance between the world economy and social welfare. In 2015, more than 90% of the sports betting was land-based, which will decrease with the growing shift of preference toward online sports betting platforms.
Technavio’s analysts forecast the global sports betting market to grow at a CAGR of 4.26% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global sports betting market for 2016-2020. To calculate the market size, the report considers the revenue generated from land-based sports betting, and online sports betting.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Sports Betting Market 2016-2020, 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
• Betfair
• Bwin.Party Digital Entertainment
• Unibet
• William Hill
Other prominent vendors
• Amaya
• Bet365
• bet-at-home
• BetAmerica
• Betfred
• Betsson
• DraftKings
• FanDuel
• Gala Coral
• Ladbrokes
• Sportech
Market driver
• Increased reach of online gambling
• For a full, detailed list, view our report
Market challenge
• Difficulty in processing bettor's financial transactions
• For a full, detailed list, view our report
Market trend
• Increased penetration of international credit and debit card
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
• PART 02: Scope of the report
• Market overview
• Customer segment
• Base year and forecast period
• Vendor segmentation
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Product life cycle
• Global gambling market
• Global sports betting market
• Five forces analysis
PART 06: Market segmentation by platform
• Global sports betting market by platform
• Global land-based sports betting market
• Global online sports betting market
PART 07: Buying criteria
PART 08: Geographical segmentation
• Global sports betting market by geography
• Sports betting market in APAC
• Sports betting market in EMEA
• Sports betting market in Americas
PART 09: Market attractiveness
• Market attractiveness by platform
• Market attractiveness by geography
PART 10: Key leading countries
• Key leading countries
• Major countries with share of legal and illegal sports betting
PART 11: Market drivers
• Easing of government regulations
• Contribution to taxes and GDP
• Increased reach of online gambling
• Growing spending capability
PART 12: Impact of drivers
PART 13: Market challenges
• Difficulty in processing bettor's financial transactions
• High risk factors
• High tax imposed by government
• Gambling addiction among low-income groups
PART 14: Impact of drivers and challenges
PART 15: Market trends
• Increasing availability of cash alternative
• Growing popularity of online sports betting among younger audience
• Increased penetration of international credit and debit card
• Shift in consumer gambling habits
• Ethical and legal concerns
PART 16: Vendor landscape
• Competitive scenario
• Key vendor analysis
• Other prominent vendors
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Overview of global sports betting market
Exhibit 03: Product life cycle of sports betting (market value)
Exhibit 04: Product life cycle of sports betting (CAGR)
Exhibit 05: Global gambling market 2015-2020 ($ billions)
Exhibit 06: Global sports betting market 2015-2020 ($ billions)
Exhibit 07: Share of sports betting in global gambling market 2015-2020
Exhibit 08: Five forces analysis
Exhibit 09: Global sports betting market by platform 2015
Exhibit 10: Global sports betting market by platform 2015-2020
Exhibit 11: Revenue comparison of global sports betting market by platform 2015-2020 ($ billions)
Exhibit 12: CAGR comparison of global sports betting market by platform 2015-2020 (revenue)
Exhibit 13: Global land-based sports betting market 2015-2020 ($ billions)
Exhibit 14: Global online sports betting market 2015-2020 ($ billions)
Exhibit 15: Buying criteria of sports betting
Exhibit 16: Global sports betting market by geography 2015
Exhibit 17: Global sports betting market by geography 2015-2020
Exhibit 18: Revenue comparison of global sports betting market by geography 2015-2020 ($ billions)
Exhibit 19: CAGR comparison of global sports betting market by geography 2015-2020 (% share)
Exhibit 20: Sports betting market in APAC 2015-2020 ($ billions)
Exhibit 21: Sports betting market in EMEA 2015-2020 ($ billions)
Exhibit 22: Sports betting market in Americas 2015-2020 ($ billions)
Exhibit 23: Market attractiveness by platform
Exhibit 24: Market attractiveness by geography
Exhibit 25: Key leading countries in sports betting market 2015 (gross win)
Exhibit 26: Major countries with share of legal and illegal sports betting 2015
Exhibit 27: Impact of drivers
Exhibit 28: Impact of drivers and challenges
Exhibit 29: Other prominent vendors
