Horseracing, followed by football, is extremely popular and accounted for the second-highest market share. However, the eSports betting segment is likely to witness growth at the fastest CAGR during the forecast period owing to the surge in demand for interactive games.įootball, also known as soccer, registered the highest market share in 2022. The fixed-odds wagering segment accounted for a significant market share in 2022. The online platform segment dominated the market in 2022 and is expected to showcase the highest CAGR during the forecast period. has legalized sports betting in 36 states as of January 2023, which is a promoting factor for the regional market growth. North America is expected to witness a CAGR of around 11% during the forecast period. Key Industry Insights & Findings from the report: