Global Horse and Sports Betting Market 2020-2024

Global Horse And Sports Betting Market 2020-2024

The horse and sports betting market is poised to grow by $ 139.52 bn during 2020-2024 progressing at a CAGR of 9% during the forecast period. This report on the horse and sports betting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rapid growth in the commercialization of horse racing and sports events and growing disposable incomes. In addition, increasing digital connectivity is anticipated to boost the growth of the market as well.

The horse and sports betting market analysis includes platform segment and geographic landscape.

The horse and sports betting market is segmented as below:

By Platform

Offline betting
Online betting

By Geographic Landscape

Europe
APAC
North America
South America
MEA

This study identifies the increasing adoption of AI and machine learning as one of the prime reasons for driving the horse and sports betting market growth during the next few years. Also, focus on consolidation and popularity of e-sports will lead to sizable demand in the market.

The research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The horse and sports betting market covers the following areas:

Horse and sports betting market sizing
Horse and sports betting market forecast
Horse and sports betting market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading horse and sports betting market vendors that include 888 Holdings Plc, Bet365 Group Ltd., Betfred Group, Betsson AB, Churchill Downs Inc., Flutter Entertainment Plc, GVC Holdings Plc, Kindred Group Plc, Webis Holdings Plc, and William Hill Plc. Also, the horse and sports betting market analysis report include information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Platform

Market segments
Comparison by Platform
Offline betting - Market size and forecast 2019-2024
Online betting - Market size and forecast 2019-2024
Market opportunity by Platform

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume driver– Demand led growth
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
888 Holdings Plc
Bet365 Group Ltd.
Betfred Group
Betsson AB
Churchill Downs Inc.
Flutter Entertainment Plc
GVC Holdings Plc
Kindred Group Plc
Webis Holdings Plc
William Hill Plc

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Parent market
9: Market characteristics
10: Offerings of vendors included in the market definition
11: Market segments
12: Global - Market size and forecast 2019 - 2024 ($ billion)
13: Global market: Year-over-year growth 2019 - 2024 (%)
14: Five forces analysis 2019 & 2024
15: Bargaining power of buyers
16: Bargaining power of suppliers
17: Threat of new entrants
18: Threat of substitutes
19: Threat of rivalry
20: Market condition - Five forces 2019
21: Platform - Market share 2019-2024 (%)
22: Comparison by Platform
23: Offline betting - Market size and forecast 2019-2024 ($ billion)
24: Offline betting - Year-over-year growth 2019-2024 (%)
25: Online betting - Market size and forecast 2019-2024 ($ billion)
26: Online betting - Year-over-year growth 2019-2024 (%)
27: Market opportunity by Platform
28: Customer landscape
29: Market share by geography 2019-2024 (%)
30: Geographic comparison
31: Europe - Market size and forecast 2019-2024 ($ billion)
32: Europe - Year-over-year growth 2019-2024 (%)
33: APAC - Market size and forecast 2019-2024 ($ billion)
34: APAC - Year-over-year growth 2019-2024 (%)
35: North America - Market size and forecast 2019-2024 ($ billion)
36: North America - Year-over-year growth 2019-2024 (%)
37: South America - Market size and forecast 2019-2024 ($ billion)
38: South America - Year-over-year growth 2019-2024 (%)
39: MEA - Market size and forecast 2019-2024 ($ billion)
40: MEA - Year-over-year growth 2019-2024 (%)
41: Key leading countries
42: Market opportunity by geography ($ billion)
43: Impact of drivers and challenges
44: Vendor landscape
45: Landscape disruption
46: Industry risks
47: Vendors covered
48: Market positioning of vendors
49: 888 Holdings Plc - Overview
50: 888 Holdings Plc - Business segments
51: 888 Holdings Plc - Key offerings
52: 888 Holdings Plc - Key customers
53: 888 Holdings Plc - Segment focus
54: Bet365 Group Ltd. - Overview
55: Bet365 Group Ltd. - Product and service
56: Bet365 Group Ltd. - Key offerings
57: Bet365 Group Ltd. - Key customers
58: Bet365 Group Ltd. - Segment focus
59: Betfred Group - Overview
60: Betfred Group - Product and service
61: Betfred Group - Key offerings
62: Betfred Group - Key customers
63: Betfred Group - Segment focus
64: Betsson AB - Overview
65: Betsson AB - Business segments
66: Betsson AB - Key offerings
67: Betsson AB - Key customers
68: Betsson AB - Segment focus
69: Churchill Downs Inc. - Overview
70: Churchill Downs Inc. - Business segments
71: Churchill Downs Inc. - Key offerings
72: Churchill Downs Inc. - Key customers
73: Churchill Downs Inc. - Segment focus
74: Flutter Entertainment Plc - Overview
75: Flutter Entertainment Plc - Business segments
76: Flutter Entertainment Plc - Key offerings
77: Flutter Entertainment Plc - Key customers
78: Flutter Entertainment Plc - Segment focus
79: GVC Holdings Plc - Overview
80: GVC Holdings Plc - Product and service
81: GVC Holdings Plc - Key offerings
82: GVC Holdings Plc - Key customers
83: GVC Holdings Plc - Segment focus
84: Kindred Group Plc - Overview
85: Kindred Group Plc - Business segments
86: Kindred Group Plc - Key offerings
87: Kindred Group Plc - Key customers
88: Kindred Group Plc - Segment focus
89: Webis Holdings Plc - Overview
90: Webis Holdings Plc - Business segments
91: Webis Holdings Plc - Key offerings
92: Webis Holdings Plc - Key customers
93: Webis Holdings Plc - Segment focus
94: William Hill Plc - Overview
95: William Hill Plc - Business segments
96: William Hill Plc - Key offerings
97: William Hill Plc - Key customers
98: William Hill Plc - Segment focus
99: Currency conversion rates for US$
100: Research Methodology
101: Validation techniques employed for market sizing
102: Information sources
103: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global horse and sports betting market: 888 Holdings Plc, Bet365 Group Ltd., Betfred Group, Betsson AB, Churchill Downs Inc., Flutter Entertainment Plc, GVC Holdings Plc, Kindred Group Plc, Webis Holdings Plc, and William Hill Plc.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing adoption of AI and machine learning."

According to the report, one of the major drivers for this market is the increasing digital connectivity.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.