eSports Betting Market to Register Growth of ~13.1%, See Why

eSports Betting Market

HTF Market Intelligence added research publication document on eSports Betting Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of eSports Betting market. The study provides valuable market size data for historical (Volume** & Value) from 2016 to 2020 which is estimated and forecasted till 2026*. Some are the key & emerging players that are part of coverage and have being profiled are William Hill, GVC Holdings, 888 Holdings, Kindred Group, Betsson AB, Betway, Pinnacle, Bet365, Bet-at-home.com, Unikrn, Betfred, BetWinner, Betvictor, GG.BET, Buff.bet, Intertops, Betcris, Esports Entertainment Group, SBOBET.

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1. External Factor Analysis

The global eSports Betting market was valued at 12670 million in 2020 and is projected to reach US$ 20730 million by 2027, at a CAGR of 13.1% during the forecast period.

An external analysis looks at the wider business environment that affects the business. This industry assessment covers all the factors that are outside the control. It includes both the micro and macro environmental factors.

MACRO ENVIRONMENT: In-depth coverage on Factors such governmental laws, social construct and cultural norms, environmental conditions, economic, and technology.

MICRO ENVIRONMENT: Factors highlighting the rivalry of the competition.

2. Growth & Margins

Players that are having stellar growth track record is a must see view in the study that Analyst have covered. From 2014 to 2019, some of the company have shown enormous sales figures, with net income going doubled in that period with operating as well as gross margins constantly expanding. The rise of gross margins over past few years directs strong pricing power of the competitive companies in the industry for its products or offering, over and above the increase in the cost of goods sold.

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3. Ambitious growth plans & rising competition?

Industry players are planning to introduce new products launch into various markets around the globe considering applications / end use such as Ages 18-25, Ages 26-30 & Ages 31 and Above. Examining some latest innovative products that are vital and may be introduced in EMEA markets in last quarter 2020. Considering all round development activities of William Hill, GVC Holdings, 888 Holdings, Kindred Group, Betsson AB, Betway, Pinnacle, Bet365, Bet-at-home.com, Unikrn, Betfred, BetWinner, Betvictor, GG.BET, Buff.bet, Intertops, Betcris, Esports Entertainment Group, SBOBET, some players profiles are worth attention seeking.

4. Where the eSports Betting Industry is today

Though latest year might not be that encouraging as market segments especially , League of Legends, Dota 2, CS: GO & Others have shown modest gains, growth scenario could have been changed if William Hill, GVC Holdings, 888 Holdings, Kindred Group, Betsson AB, Betway, Pinnacle, Bet365, Bet-at-home.com, Unikrn, Betfred, BetWinner, Betvictor, GG.BET, Buff.bet, Intertops, Betcris, Esports Entertainment Group, SBOBET would have plan ambitious move earlier. Unlike past, but decent valuation and emerging investment cycle to progress in the North America, US, Canada, Mexico, Europe, Germany, France, U.K., Italy, Russia, Nordic Countries, Benelux, Rest of Europe, Asia, China, Japan, South Korea, Southeast Asia, India, Rest of Asia, South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Turkey, Israel, Saudi Arabia, UAE & Rest of Middle East & Africa., many growth opportunities ahead for the companies in 2020, it looks descent today but stronger returns would be expected beyond.

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Insights that Study is offering :

• Market Revenue splits by most promising business segments. [By Type (, League of Legends, Dota 2, CS: GO & Others), By Application (Ages 18-25, Ages 26-30 & Ages 31 and Above) and any other business Segment if applicable within scope of report]
• Market Share & Sales Revenue by Key Players & Local Emerging Regional Players. [Some of the players covered in the study are William Hill, GVC Holdings, 888 Holdings, Kindred Group, Betsson AB, Betway, Pinnacle, Bet365, Bet-at-home.com, Unikrn, Betfred, BetWinner, Betvictor, GG.BET, Buff.bet, Intertops, Betcris, Esports Entertainment Group, SBOBET]
• A separate section on Entropy to gain useful insights on leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Development Activity Including seed funding]
• Competitive Analysis: Company profile of listed players with separate SWOT Analysis, Overview, Product/Services Specification, Headquarter, Downstream Buyers and Upstream Suppliers.
• Gap Analysis by Region. Country break-up will help you dig out Trends and opportunity lying in specific territory of your business interest.

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