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Size of online sports betting industry

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The majority of the younger population resides in Asian countries, and the past two years of the Covid-19 phase pushed younger people towards spending more time on smartphones which also favored the adoption of the market. Know more about this report : request for sample pages

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The key factors influencing the market growth include, increase in penetration of the connected smart smartphones, changing digital arena of the South Asia economies, and a rise in the emergence of online betting among the younger generation. The global sports betting market was valued at USD 70.23 billion in 2021 and is expected to grow at a CAGR of 11.7% during the forecast period.

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