🌏Industry Size

Total Addressable Market (Sport Betting) - $231 Billion

Serviceable Addressable Market (Sport betting done via Cryptocurrency) - $66.25 Billion

Serviceable Obtainable Market - $660 Million

Around 26% of the planet's population (1.6 billion people) gamble throughout the year.

Market Analysis

By 2022, the global sports betting market reached a market size of USD 231 billion. From 2021 to 2028, the market is anticipated to grow at a CAGR of 10.1%.

The market is primarily being driven by the expansion of linked devices and the digital infrastructure. The need for sports betting platforms is also being driven by the expansion of sporting competitions and leagues.

The expansion of the global gambling market is anticipated to be hampered by strict government restrictions connected to the industry. However, it is projected that the use of blockchain and AI technologies will accelerate market growth in the years to come.