The article cited AMA's "Global Gaming and Traditional Sports Betting Market Study" explored substantial growth of %. According to the report, Emerging Trend of Esports Betting and Use of AR and VR in Betting is one of the primary growth factors for the market. Growing Popularity of Sports Betting and Increased Mobile Games Across the Globe is also expected to contribute significantly to the Gaming and Traditional Sports Betting market. Overall, applications of Gaming and Traditional Sports Betting, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Place, such as Land-Based Establishments, is boosting the Gaming and Traditional Sports Betting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sports, such as Cricket, is boosting the Gaming and Traditional Sports Betting market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Gaming and Traditional Sports Betting market identified that the demand is rising in many different parts of the world as "Increasing Legal Sports Betting and Most Gambling on Horse Racing Across the Globe". Furthermore, some recent industry insights like "In April 2021, Super Group, the parent company of Betway entered into a merger with Sports Entertainment Acquisition Corp. for the expansion in the online sports betting and gaming market in the US." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Gaming and Traditional Sports Betting market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Gaming and Traditional Sports Betting market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Gaming and Traditional Sports Betting market size is calculated using market estimation process, the Gaming and Traditional Sports Betting market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Gaming and Traditional Sports Betting market size has been validated using both top-down and bottom-up approaches.