Global and United States Online Sports Betting Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States Online Sports Betting Market
This report focuses on global and United States Online Sports Betting market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Online Sports Betting market size is estimated to be worth US$ 41760 million in 2022 and is forecast to a readjusted size of US$ 70810 million by 2028 with a CAGR of 9.2% during the review period. Fully considering the economic change by this health crisis, by Type, Soccer accounting for % of the Online Sports Betting global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Desktop was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global Online Sports Betting Scope and Market Size
Online Sports Betting market is segmented by region (country), players, 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 region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Online Sports Betting market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Soccer
American Football
Basketball
Hockey
Mixed Martial Arts and Boxing
Others
Segment by Application
Desktop
Mobile Devices
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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