The article cited AMA's Global Horse Racing Market Study explored substantial growth with CAGR of 8.89%. According the report, Millenials Inclination and Involvement Towards Horse Racing Sports and Entertainment is one of the primary growth factors for the market. Increase in Disposable Income Worldwide is also expected to contribute significantly to the Horse Racing market. Overall, Online applications of Horse Racing, 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 Singapore Pools (Singapore), Tabcorp Holdings (Australia), Hong Kong Jockey Club (China), Macau Jockey Club (China), William Hill (United Kingdom), Bwin ( Austria) and Ladbrokes (United Kingdom) may see astonishing sales in this Market and certainly improve revenue growth.

AMA’s Analyst on the Global Horse Racing market identified that the demand is rising in many different parts of the world as "Growth in Horse Racing Event in Both Developed and Under Developed Countries ". Furthermore, some recent industry insights like "In February 2024, SIS Content Services, part of the SIS (Sports Information Services) Group, the leading content supplier of 24/7 live betting services, has agreed a landmark deal with long-time operator partner Bet365 to deliver its global horse racing content to bettors in Colorado, bringing fixed-odds horse racing wagering to a licensed sports betting platform" is constantly making the industry dynamic. One of the challenges that industry facing is "Rise of Alternative Forms of Leisure Gambling"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Horse Racing 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 Horse Racing 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 Horse Racing market tight?
• Which application/end-user category or Product Type [Win Bet, Each Way, Single Bet, Mutliple Bets, Straight Forecast, Reverse Forecast and Tricast] 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 Horse Racing market and other related sub-markets covered in the study.

o Key & emerging players in the Horse Racing market have been observed through secondary research.
o The industry’s 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 Horse Racing market size is calculated using market estimation process, the Horse Racing 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 Horse Racing market size has been validated using both top-down and bottom-up approaches.