Sports Betting Kiosk Market Scope
Sports Betting Kiosk is referred as the system which basically offers most fully-featured Sports Betting Solutions, that allows users a self-serve venue for placing legal bets, sports information, access handicapping services, and locally advertised promotions. This kind of sports betting kiosks delivers betting access of virtually 24/7, eliminating the frustrations customers face when placing bets through the sportsbooks. The market of sports betting kiosk is growing due to growing digitization, while some of the factors like lack of awareness is further restraining the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | DB Solutions (United States), International Game Technology (United States), KIOSK Information Systems (United States), Olea Kiosks (United States), JCM Global (United States), Kambi Group PLC (Malta), ISI, LTD. (United States), SBTech Malta Limited (Isle of Man) and SG Gaming (United Kingdom) |
CAGR | 6.6% |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Sports Betting Kiosk market throughout the predicted period.
DB Solutions (United States), International Game Technology (United States), KIOSK Information Systems (United States), Olea Kiosks (United States), JCM Global (United States), Kambi Group PLC (Malta), ISI, LTD. (United States), SBTech Malta Limited (Isle of Man) and SG Gaming (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Sports Betting Kiosk market by Type , by Application (eSports, Indoor Games and Outdoor Games) and Region with country level break-up.
On the basis of geography, the market of Sports Betting Kiosk has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
KIOSK Information Systems announced a technological partnership with Bitcoin ATM pioneer Bitshop, to offer next-gen Bitcoin ATM systems.
Kambi Group PLC announced the launch of a new online sports betting solution in Pennsylvania. This solution offers 24/7 sports betting services to wagers.
Influencing Trend:
Spurt in the adoption of automated and self-service kiosk solutions at stadiums and sports clubs
Market Growth Drivers:
Due to growing digitization, market players are stepping up to incorporate digital signage in businesses
Challenges:
Lack of awareness in underdeveloped regions
Restraints:
Higher initial investments and maintenance cost
Opportunities:
Growing interest of the consumer in gambling activity and continuous innovations
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries