A new research document titled, Global Horse Racing Market is released by AdvanceMarketAnalytics. The market study is a cautious attempt of the industry with strategic steps to the targets of business environment and the ones that are tried to have an essential impression on the progression of the Horse Racing market. AMA recognizes the following companies as the key players in the Global Horse Racing market: Singapore Pools (Singapore), Tabcorp Holdings (Australia), Hong Kong Jockey Club (China), Macau Jockey Club (China), William Hill (United Kingdom), Bwin ( Austria) and Ladbrokes (United Kingdom). Global Horse Racing are expected to make a significant contribution to the overall industry, with an estimated market to reach USD Million by 2024.
Increase in Disposable Income Worldwide
is one of the key components driving the development of this market in the following couple of years. "Millenials Inclination and Involvement Towards Horse Racing Sports and Entertainment" adds to the investigation what growth market seeks ahead. This causes analysts to concentrate more on regional factors and regulatory and influencing factors ahead of any other approach.
One of the key patterns that will drive the development prospects for the Horse Racing amid the anticipated period is the Growth in Horse Racing Event in Both Developed and Under Developed Countries
. The Horse Racing market is very focused because of the nearness of many key organizations. The main Vendors are focusing on presenting new product/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
The key target audience considered while formulating the study are as follows: Potential Investor, Race Organisers and Others
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Horse Racing market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Horse Racing market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Potential Investor, Race Organisers and Others. This helps us to gather the data for the playersÂ revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.