Press release
Betting on the Future: E-Sports Betting Market Trends and Projections 2024
As per the report, the E-sports betting market size has grown rapidly in recent years. It will grow from $9.96 billion in 2023 to $11.22 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The E-sports betting market size is expected to see rapid growth in the next few years. It will grow to $18.12 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16420&type=smp
Online Gaming's Influence On E-Sports Betting Market Expansion
The growing popularity of online games is expected to propel the growth of the E-sports betting market. Online games are interactive digital games played over the internet, connecting players from various locations in a shared virtual environment. The growing popularity of online games is driven by advancements in technology, widespread internet access, engaging and immersive gameplay experiences, social connectivity, and the availability of diverse game genres catering to various interests and age groups. E-sports betting boosts online gaming popularity by increasing viewer engagement, attracting a wider audience, and generating revenue for the e-sports industry. For instance, in 2022, according to the Department of Foreign Affairs and Trade, an Australia-based federal government responsible for foreign policies and relations, the digital gaming industry was valued at $240 billion worldwide in 2020 and is projected to grow to $294 billion by 2024. In 2021, the industry generated $226.5 million in revenue, marking a 22% increase from 2020, with 83% of this revenue coming from international markets. Therefore, the growing popularity of online games drives the growth of the E-sports betting market.
Transforming Esports Betting With Cutting-Edge Odds And Modeling Technology
Major companies operating in the E-sports betting market are focusing on developing innovative technology, such as odds and modeling feed technology, to enhance betting accuracy, improve user experience, and offer more competitive and dynamic betting options. Odds and modeling feed technology involve using statistical models and algorithms to predict outcomes and optimize decision-making in various applications. For instance, in April 2022, Esports Technologies Inc., a US-based provider of esports products, platforms, and marketing solutions, launched its innovative Odds and Modeling Feed Technology. This cutting-edge technology enables the company to deliver real-time odds and modeling data to its clients, enhancing their ability to make informed betting decisions. The Odds and Modeling Feed Technology leverages advanced algorithms and machine learning techniques to analyze vast amounts of data, providing accurate and up-to-date insights on esports events.
The E-sports betting market covered in this report is segmented -
1) By Betting Types: Pre-Match Betting, Live Or In-Play Betting
2) By Platform Types: Online Betting Platforms, Offline Betting Locations
3) By Application: Ages 18-25, Ages 26-30, Ages 31 And Above
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=16420&type=discount
Major companies operating in the E-sports betting market are Flutter Entertainment Plc, Entain Plc, Bet365, DraftKings Inc., Pinnacle Group Inc., Super Group Ltd., William Hill Plc, Kindred Group Plc, Paddy Power Betfair Plc, Betsson AB, Betfred, SBOBET, Parimatch, 888 Holdings Plc, Bet-at-home.com AG, Betvictor Ltd., Esports Entertainment Group, BetWinner, Intertops, Betcris, Bovada, Unikrn, GVC Group, GG.BET, Real Luck Group Limited
Contents of the report:
1. Executive Summary
2. E-Sports Betting Market Report Structure
3. E-Sports Betting Market Trends And Strategies
4. E-Sports Betting Market - Macro Economic Scenario
5. E-Sports Betting Market Size And Growth
…..
27. E-Sports Betting Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/e-sports-betting-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Betting on the Future: E-Sports Betting Market Trends and Projections 2024 here
News-ID: 3626697 • Views: …
More Releases from the business research company
Global Surge In Air Pollution Propels Growth In The Industrial Air Filtration Ma …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Industrial Air Filtration Industry Market Size Be by 2025?
Over the past several years, the industrial air filtration market has seen robust growth. Expected to increase from $14.97 billion in 2024 to $15.79 billion in 2025, it will experience a compound annual growth rate (CAGR) of…
Steady Expansion Forecast for Heavy Construction Equipment Market, Projected to …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Heavy Construction Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of heavy construction equipment has seen significant expansion in the past few years. The market, which is expected to rise from $204.24 billion in 2024 to $215.46 billion in 2025, will…
Form-Fill-Seal Equipment Industry Outlook 2025-2029: Market Set to Cross $23.82 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Form-Fill-Seal Equipment Market Size By 2025?
The market for form-fill-seal equipment has experienced gradual expansion in recent times. It's projected to rise from $17.81 billion in 2024 to $18.62 billion in 2025, with a compound annual growth rate (CAGR) of 4.5%. The growth in previous…
Top Market Shifts Transforming the Filtration & Drying Equipment Market Landscap …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Filtration & Drying Equipment Market Through 2025?
Recent years have seen a robust increase in the size of the filtration & drying equipment market. Forecasts show a market rise from $1.94 billion in 2024 to $2.06 billion in 2025, with a Compound…
More Releases for Betting
The Sports Betting Academy: A pioneer in sports betting education
Established expertise since 2018
Founded in 2018, the Sports Betting Academy has quickly established itself as a leading provider in the field of sports betting training. It has received numerous awards from ProvenExpert, including the title of top service provider and top recommendation in the years 2020 to 2024.
Extensive learning opportunities
Over 3000 participants have already benefited from the Academy's wide range of courses, from online courses to an intensive live coaching…
Global Online & Betting Market Size - By Product Type( , ,Social Gaming,Lottery, …
Online & Betting Market Snapshot: Insight into Market Trends and Movements
Online and betting involve placing wagers on various games and events via digital platforms, encompassing games, sports, and . The industry has seen substantial growth driven by technological advancements and increasing smartphone usage. A notable trend is the rise of live dealer games, enhancing user experience by simulating a physical environment.…
Transforming the Cricket Betting Landscape: The Innovative Melbetapk.com Betting …
Prepare to embark on a thrilling journey as we redefine the landscape of cricket betting with unparalleled features and innovation. In the dynamic realm of mobile betting, Melbetapk.com stands out as a game-changer, introducing a revolutionary Betting app tailored explicitly for cricket enthusiasts. Embracing the Mobile Betting Surge Gone are the days of traditional betting; the future is mobile. The surge in mobile betting is undeniable, and Melbetapk.com is at…
Online Gambling and Betting Market Provision of Online Betting and Gambling Plat …
Global Online Gambling and Betting Market: Snapshot
The global online gambling and betting market is primarily being driven by an increasing adoption of high-speed internet services in mobile devices. The overall demand for live streaming of sports and games videos through online portals and mobile devices is growing at a very high rate and provides players from the global online gambling and betting market the opportunity to integrate their betting services…
Arbitrage betting
At the point when the excite of normal wagering has gone, you have turned from punter to genuine games speculator, and you might want to spend your ends of the week stuck to a PC screen chipping away at something truly mischievously troublesome yet perhaps unpleasantly lucrative, then, dear companion, the time has come to give arbitrage a go. Arbitrage, you say, yes... I caught wind of that from my…
Sim Betting Football, the only football betting simulation game, released for An …
London, UK - 15/06/2016 -- independent game developer Vindicta Games is proud to announce the Android release of its first game: Sim Betting Football, the only football betting simulation game.
The game is now available to download for free on the Google Play Store.
GAME
Sim Betting Football is an unique and innovative mobile game which offers gamers a new perspective on football simulation games and brings virtual gambling to the gaming…
