Cricket Betting Market size is estimated to be USD 14.45 Billion in 2024 and is expected to reach USD 36.24 Billion by 2033 at a CAGR of 10.78% from 2026 to 2033.
The global cricket betting market was valued at approximately USD 85 billion in 2022, with a projected compound annual growth rate (CAGR) of 10% from 2023 to 2030. This market growth can be attributed to the rising popularity of cricket, especially in regions such as Asia Pacific, which dominates the market due to the widespread fanbase in countries like India, Pakistan, and Australia. In 2022, the Asia Pacific region accounted for over 55% of the global market share, contributing around USD 47 billion. North America and Europe hold significant shares, with North America generating an estimated USD 10 billion in 2022 and Europe around USD 13 billion. The growing acceptance of online sports betting platforms and advancements in mobile technology have further fueled the markets expansion, allowing bettors worldwide to engage in cricket betting through digital channels. The opportunities in the cricket betting market remain strong, particularly in emerging markets where cricket is gaining increasing traction. The introduction of mobile based betting apps, real time betting options, and improved internet connectivity in regions such as Africa and the Middle East present substantial growth potential. As the online betting ecosystem continues to expand, innovations in live streaming, in play betting, and virtual cricket leagues are expected to enhance the markets attractiveness. Furthermore, regulatory changes in various countries are likely to create new avenues for market players to tap into previously restricted regions. The continued rise in global sports events and the increasing acceptance of betting in traditional cricket playing nations are expected to drive sustained growth in the coming years.
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Flutter Entertainment
GVC Holdings
Bet365
William Hill
Kindred Group
888 Holdings
Betsson AB
DraftKings
Pinnacle
Betway
Betfred
Bet-at-home.com
BetAmerica
BetVictor
Sports Interaction
BetWinner
SBOBET
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cricket Betting Market
Match Winner Betting
Over/Under Betting
Player-Specific Betting
Run Scorer Betting
Top Bowler Betting
Online Betting Platforms
Mobile Betting Applications
Offline Betting Shops
Fixed Odds Betting
Live/In-Play Betting
Exchange Betting
Single Bets
Accumulator Bets
Multiple Bets
System Bets
Low Stake Betting
Medium Stake Betting
High Stake Betting
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cricket Betting Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cricket Betting Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cricket Betting Market, By Type
6. Global Cricket Betting Market, By Application
7. Global Cricket Betting Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Cricket Betting Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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