SPORTS BETTING KIOSK MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Global sports betting kiosk market is estimated to be valued at USD 1.78 Bn in 2024 and is expected to reach USD 2.82 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.
Report Description:
Sports betting kiosk provides a convenient self-service option for users to place bets on various sporting events without needing to interact with a teller. This makes the betting process quite seamless and time-efficient. With growing popularity of sports leagues like the NFL, NBA, EPL and others, sports betting kiosk volumes has increased tremendously. The widespread adoption of digital technologies and preference for contactless services post-pandemic has boosted demand for sports betting kiosks across popular betting destinations globally. Their easy accessibility and simple user-interface attract both casual and frequent bettors.
Market Dynamics:
The key drivers propelling the sports betting kiosk market include the legalization of sports betting in major territories, growing millennial interest in sports gambling, and the flexibility offered by kiosks in terms of betting onthego. However, stringent regulations pertaining to legal betting ages and gambling addiction can hamper the market growth. Expanding to emerging economies, integrating advanced features like biometric verification, and leveraging major sports events for promotional campaigns can offer opportunities for the market growth. Security and technical glitches can also hamper the market growth.
Key features of the study:
- This report provides in-depth analysis of the global sports betting kiosk market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sports betting kiosk market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include International Game Technology PLC, KIOSK Information Systems, Olea Kiosks, Inc., SG Gaming, JCM Global, Kambi Group PLC., ISI, LTD., NOVOMATIC Sports Betting Solutions, Olea Kiosks, Inc., SBTech Malta Limited, Captec Ltd., Scientific Games Corporation, EasyPay System, Leroy's Sportsbooks, Juro Trading
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global sports betting kiosk market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sports betting kiosk market
Market Segmentation
Market Segmentation
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