Online betting, also known as online gambling, is all the bet activities you place using the internet. That is possible because the betting industry, which before was very traditional and to bet you had to go to the casinos directly, expanded their business to the internet as a way to make more profit and make the life of the people that enjoy betting easier.
This activity became popular in 1990, in that year was only 15 gambling websites but six years later this increased to 200 and with the time the gambling industry got bigger and changed due to technology, and nowadays online betting is very popular in all the countries because the bettors can easily place their bets in the comfort of their home and with any device that can connect to the internet (iPhone, computer, tablet).
The Online Betting market covers Casino, Sports Betting, Poker, Bingo, Lottery, Others, etc. The typical players include Bet365, Kindred Group, Entain plc (formerly GVC Holdings), Flutter Entertainment, William Hill, Pinnacle, The Stars Group, etc.
According to our (Global Info Research) latest study, the global Online Betting market size was valued at USD 97260 million in 2022 and is forecast to a readjusted size of USD 171290 million by 2029 with a CAGR of 8.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Online Betting include Bet365, Kindred Group, Entain plc, Flutter Entertainment and William Hill, etc. Top five players occupy for a share about 21%. Europe is the largest market, with a share about 56%, followed by Asia-Pacific and Americas. In terms of product, Sports Betting is the largest segment, with a share over 52%. In terms of application, Desktop is the largest market, with a share over 58%.
This report is a detailed and comprehensive analysis for global Online Betting market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Online Betting market size and forecasts, in consumption value ($ Million), 2018-2029
Global Online Betting market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Online Betting market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Online Betting market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Online Betting
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Online Betting market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bet365, Kindred Group, Entain plc, Flutter Entertainment and William Hill, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Online Betting market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Casino
Sports Betting
Poker
Bingo
Lottery
Others
Market segment by Application
Desktops
Mobile Devices
Market segment by players, this report covers
Bet365
Kindred Group
Entain plc
Flutter Entertainment
William Hill
Pinnacle
The Stars Group
BetVictor
Betsson AB
Gamesys
888 Holdings
Bet-at-home.com
Intertops
Betway
Betfred
Interwetten
SBOBET
Sportech
EGB
BetOnline
DraftKings
BetWinner
Sports Interaction
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Online Betting product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Online Betting, with revenue, gross margin and global market share of Online Betting from 2018 to 2023.
Chapter 3, the Online Betting competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Online Betting market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Online Betting.
Chapter 13, to describe Online Betting research findings and conclusion.
Summary:
Get latest Market Research Reports on Online Betting. Industry analysis & Market Report on Online Betting is a syndicated market report, published as Global Online Betting Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Online Betting market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.