The article cited AMA's Global Gaming and Traditional Sports Betting Market Study explored substantial growth with CAGR of %. According the report, Emerging Trend of Esports Betting and Use of AR and VR in Betting is one of the primary growth factors for the market. Growing Popularity of Sports Betting and Increased Mobile Games Across the Globe is also expected to contribute significantly to the Gaming and Traditional Sports Betting market. Overall, applications of Gaming and Traditional Sports Betting, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Betway (SGHC Limited) (France), 888sport (United Kingdom), BetVictor (United Kingdom), Betfair (United Kingdom), 1X Corp N.V (Cyprus), Bwin (Austria), BetOnline (Panama), DraftKings (United States), FanDuel (United States) and Rivalry Ltd. (United Kingdom) may see astonishing sales in this Market and certainly improve revenue growth.
The Place, such as Land-Based Establishments, is boosting the Gaming and Traditional Sports Betting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Sports, such as Cricket, is boosting the Gaming and Traditional Sports Betting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Gaming and Traditional Sports Betting market identified that the demand is rising in many different parts of the world as "Increasing Legal Sports Betting and Most Gambling on Horse Racing Across the Globe". Furthermore, some recent industry insights like "In April 2021, Super Group, the parent company of Betway entered into a merger with Sports Entertainment Acquisition Corp. for the expansion in the online sports betting and gaming market in the US." is constantly making the industry dynamic. One of the challenges that industry facing is "Gaming operators need to implement measures to prevent underage gambling, identify and assist problem gamblers, and ensure fair gaming practices"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Gaming and Traditional Sports Betting market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Gaming and Traditional Sports Betting market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Gaming and Traditional Sports Betting market tight? Which application/end-user category or Product Type [Pre-Game Betting and In-Play Betting] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Gaming and Traditional Sports Betting market and other related sub-markets covered in the study.
o Key & emerging players in the Gaming and Traditional Sports Betting market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Gaming and Traditional Sports Betting market size is calculated using market estimation process, the Gaming and Traditional Sports Betting market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Gaming and Traditional Sports Betting market size has been validated using both top-down and bottom-up approaches.