Global eSports Betting Market to Reach USD 500 million by 2024 | By Market Players 888 Holdings, Kindred Group, Paddy Power Betfair, Amaya gaming, Bet365 Group, Bet-at-home.com

New York, USA, Oct 2019 (OpenPR) - Esports (also known as electronic sports, e-sports, or eSports) is a form of competition using video games. Most commonly, esports takes the form of organized, multiplayer video game competitions, particularly between professional players, individually or as teams. According to research done by Research Reports Inc. the total amount bet on esports competitions is expected to hit $12.9 billion by 2020. Compared to the $5.5 billion bet on esports in 2016, that number would mark a 134 percent increase in just four years.

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Moreover, growing industrialization and trade in developing economies is the major factor that likely to create lucrative opportunities in the near future. eSports Betting are more durable but ensure that they are kept in a clean environment is another factor that aiding the growth of the market during the forecast period. However, the high initial investment is one of the major factors that limiting the market growth of eSports Betting during the forecast period.

Major Market Players:
William Hill, GVC Holdings, 888 Holdings, Kindred Group, Paddy Power Betfair, Amaya gaming, Bet365 Group, Bet-at-home.com, BetAmerica, Betfred, Betsson, Draft Kings, Fan duel, Gala coral group, Ladbrokes, Sportech, TVG, Twinspires, Watch and Wager,

Market Segmentation:
Segmentation By Product Type:
LOL
CS:GO
Overwatch
Other

Segmentation By Application:
Entertainment
Commercial
Other

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Scope of eSports Betting Market by Regions :
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries
The regional analysis of Global eSports Betting Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North-America has accounted for the dominant share in the global eSports Betting market due to high investments by construction companies. Additionally, Asia Pacific is also expected to register a considerable growth rate in the market over the forecasted period 2019-2024. China, Japan, South Korea, and India are the leading countries in this region. The market growth is due to an increase in demand by the economies to develop smart city projects which require better amenities that boost the real estate sector.

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Research objectives
• To study and analyze the global eSports Betting market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of eSports Betting market by identifying its various subsegments.
• Focuses on the key global eSports Betting players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the eSports Betting with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of eSports Betting submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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Research Reports Inc. offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries around the globe. Research Reports Inc. understands how imperative numerical surveying knowledge is for your management. Therefore, we have associated with the leading publishers and research firms all specially designed in specific domains, ensuring you will receive the most devoted data available.

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