The global online sports betting market size was valued at USD 62.99 billion in 2024 and is projected to reach from USD 70.05 billion in 2025 to USD 163.78 billion by 2033, growing at a CAGR of 11.2% during the forecast period (2025-2033).
According to Straits Research, this report provides a clear understanding of the Online Sports Betting Market by analyzing its overall structure, key dynamics, and future potential. It evaluates different market segments and offers reliable projections of the Online Sports Betting Market size to support strategic decision-making. To ensure accuracy and depth, the study uses a balanced mix of primary and secondary research. Primary research includes expert interviews, surveys, and industry interactions, while secondary research involves trusted sources such as industry reports, company publications, and government databases.
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The report also includes an in-depth analysis of the application landscape, with a focused evaluation of key market participants such as industry leaders, emerging players, and new entrants. Analytical frameworks like PORTER’s Five Forces and PESTEL analysis are used to assess the impact of micro- and macro-economic factors on the market. Advanced statistical and analytical tools are applied to identify trends, estimate market growth, and evaluate competitive positioning. Both internal and external factors influencing the market positively or negatively are studied to offer a forward-looking perspective for stakeholders and decision-makers.
The regional analysis examines the current status and growth potential of the Online Sports Betting Market Growth across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each region is evaluated based on key indicators such as market size, growth rate, consumption patterns, and import-export activities. This regional segmentation helps in understanding regional demand trends, competitive intensity, and market opportunities. By analyzing geographical variations, the report highlights region-specific drivers, challenges, and growth prospects shaping the overall Online Sports Betting Market landscape.
By Type
Line-In-Play
Fixed Odd Betting
Daily Fantasy
E-Sports
Exchange Betting
Spread Betting
Others
By Sports Type
Football
Cricket
Tennis
Baseball
Volleyball
Basketball
Hockey
Horse Riding
Boxing
Golf
Racing
Others
By Platform
Website
Mobile
iOS
Android
Others
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Bet365
GVC Holdings PLC
William Hill Inc.
Paddy Power Betfair PLC
Ladbrokes Coral Group PLC
Betsson AB
The Stars Group Inc.
Sky Betting and Gaming
888 Holdings PLC
Kindred Group PLC
What does Online Sports Betting Market represent, and how is it used across the industry?
How large was the Online Sports Betting Market in 2025?
What CAGR is the Online Sports Betting Market expected to register during the forecast period?
What key factors are contributing to the growth of the Online Sports Betting Market?
How is the Online Sports Betting Market segmented, and what are its main sub-segments?
What expansion and growth strategies are market players adopting in the Online Sports Betting Market?
What new applications and industry trends are emerging in the Online Sports Betting Market?
Which market segments are projected to grow at the highest rate?
Which companies are leading the Online Sports Betting Market, and what solutions or offerings do they provide?
Who are the major players influencing competition in the Online Sports Betting Market?
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Historical market size and competitive landscape analysis
Past pricing trends and regional price curves
Market size, share, and forecast by segment and region
Market dynamics including drivers, restraints, opportunities, and key regional trends
Detailed market segmentation with sub-segment and regional insights
Competitive landscape analysis covering leaders, followers, and regional players
Strategic company profiles and competitive benchmarking by region
PESTLE and PORTER’s Five Forces analysis
Value chain and supply chain assessment
Legal and regulatory analysis by region
SWOT-based identification of lucrative business opportunities
Strategic recommendations for market participants
For more than a decade, Straits Research has partnered with over 2,000 organizations worldwide, supporting both SMEs and large enterprises with reliable, data-driven market intelligence. The firm enables senior executives and decision-makers to confidently navigate complex and evolving markets through actionable insights.
Straits Research publishes comprehensive syndicated market reports throughout the year, covering high-impact industries including chemicals and materials, food and beverages, healthcare and pharmaceuticals, automotive, technology, aerospace, and defense. In addition, its customized research solutions are designed to address specific client requirements, helping businesses identify growth opportunities, mitigate risks, and make well-informed strategic decisions.