Online Sports Betting Market Size and Trends

Global Online Sports Betting Market is estimated to be valued at USD 54.55 Bn in 2025 and is expected to reach USD 98.50 Bn by 2032, growing at a compound annual growth rate (CAGR) of 8.8% from 2025 to 2032.

Key Takeaways from Online Sports Betting Market Report:

Football is a popular game and is expected to witness 61.7% in 2025.
Mobile betting is expected to account for 57.3% market share in 2025.
North America is a dominant market with an anticipated share of 38.6% in 2025.

Market Overview:

Increased digitization and rising internet penetration along with growing popularity of various sports leagues across the world have been the major factors driving the market. Factors such as legalization of sports betting in various regions, post-pandemic gaming trends indicating more people exploring online options for sports entertainment will continue to support positive market growth in the forthcoming years. Further, emerging technologies like virtual and augmented reality is opening new avenues for industry participants to capture greater market share in the online sports betting space.