Transparency Market Research has published new report that claims that the global sport betting kiosk market is on course to achieve a stellar growth for the coming years of the forecast period of 2019 to 2027. As per the research report, the market is expected to touch a mark of US$400 mn by the fall of 2027. Such high valuation of the market is expected to be achieved with the help of strong CAGR of 7% for the given period of forecast.
Increasing Demand for Automated Kiosks to Help in Market Growth
In recent years, there has been a growing demand for sports betting kiosks at sports clubs and stadiums. This factor coupled with the lenient betting laws in some of the geographical regions are expected to be the chief driving factors for the growth of the global market. With the advancements in technology, there has been an increasing demand for automated and self-service sports betting kiosks across the end-use application channels. Both the organizers and customers are growing looking for such self-servicing kiosks such as self-betting kiosks, centralized record systems, self-service kiosks, and self-betting kiosks among others. The objective is to streamline the entry systems, long queues, and avoid delays while entering the stadium or clubs. Such developments are thus working in favor of the development of the global sport betting kiosk market.