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AR Sports Betting Market Forecasts to 2032 – Global Analysis By Component (Hardware, Software and Other Components), Betting, Sport, Platform and By Geography

Published Sep 15, 2025
Length 200 Pages
SKU # SMR20406687

Description

According to Stratistics MRC, the Global AR Sports Betting Market is accounted for $1.49 billion in 2025 and is expected to reach $5.26 billion by 2032 growing at a CAGR of 19.7% during the forecast period. Augmented Reality (AR) sports betting integrates digital overlays into real-world environments, enhancing the wagering experience with real-time data, odds, and interactive visualizations. Through AR-enabled devices, users can access live statistics, predictive analytics, and immersive betting interfaces while watching games. This technology transforms passive viewing into dynamic engagement, allowing bettors to make informed decisions based on contextual insights. AR sports betting is reshaping fan interaction by merging physical surroundings with virtual content, creating a more personalized and data-driven betting ecosystem.

Market Dynamics:

Driver:

Widespread adoption of smartphones and high-speed internet

Augmented reality (AR) platforms are increasingly integrated into mobile apps, offering immersive and interactive betting experiences. With real-time data overlays, virtual stadium environments, and personalized odds visualization, users are engaging more deeply than ever. The convenience of mobile access combined with AR’s dynamic interface is attracting a younger, tech-savvy demographic. This shift is driving platform innovation and expanding the user base across both developed and emerging markets.

Restraint:

User adoption and accessibility

Many potential users lack compatible devices or the digital literacy required to navigate AR interfaces effectively. Additionally, regulatory restrictions in certain regions limit platform availability, creating fragmented market access. Language barriers, inconsistent internet connectivity, and affordability of AR-enabled devices further constrain adoption. These factors collectively slow down market penetration, especially in rural and underserved areas, despite growing interest in immersive betting formats.

Opportunity:

Live and in-play betting

Bettors can now visualize match dynamics in real time, overlaying statistics, player movements, and predictive analytics directly onto their screens. This creates a highly engaging environment that encourages frequent interaction and higher wager volumes. AR also enables micro-betting on specific in-game events, such as corner kicks or player substitutions, offering granular control and personalization. As sports leagues embrace digital transformation, partnerships with AR betting platforms are expected to flourish, unlocking new monetization streams.

Threat:

Data security and privacy

The integration of AR with sports betting platforms introduces complex data privacy challenges. These systems collect vast amounts of user behavior data, location information, and betting history, raising concerns about unauthorized access and misuse. Cybersecurity vulnerabilities, especially in real-time AR environments, can expose users to fraud and identity theft. Moreover, compliance with global data protection regulations like GDPR and CCPA requires robust encryption and transparent data handling practices. Failure to address these risks could erode user trust and invite regulatory scrutiny, potentially stalling market growth.

Covid-19 Impact:

The COVID-19 pandemic accelerated digital adoption across the sports betting industry, with AR platforms gaining traction as physical venues shut down. Lockdowns and social distancing measures pushed users toward virtual experiences, and AR offered a compelling alternative to live attendance. Betting operators responded by enhancing remote engagement features, including virtual match simulations and interactive fan zones. However, supply chain disruptions affected hardware availability, delaying the rollout of AR-compatible devices.

The software segment is expected to be the largest during the forecast period

The software segment is expected to account for the largest market share during the forecast period due to its central role in delivering immersive user experiences. Advanced algorithms, real-time analytics engines, and AR rendering frameworks are driving platform differentiation. Developers are focusing on scalable architectures that support multi-sport integration, cross-platform compatibility, and seamless updates. The demand for intuitive interfaces and personalized betting dashboards is fueling innovation in backend systems.

The fan engagement & experience segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the fan engagement & experience segment is predicted to witness the highest growth rate driven by the rising demand for interactive and gamified betting environments. AR technologies are enabling users to participate in virtual watch parties, access exclusive content, and interact with live match overlays. Features like avatar-based social betting, real-time commentary, and immersive replays are redefining how fans connect with sports which are leveraging AR to deepen fan loyalty and expand monetization opportunities.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share attributed to favorable regulatory frameworks and high consumer spending on digital entertainment. The region boasts a mature sports ecosystem, with leagues actively exploring AR partnerships to enhance fan engagement. Widespread smartphone penetration, robust internet infrastructure, and a culture of early tech adoption further bolster market expansion.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR fueled by rapid urbanization, rising disposable incomes, and a booming mobile-first population. Countries such as India, China, and South Korea are witnessing a surge in sports viewership and digital betting activity. Government initiatives promoting digital literacy and 5G deployment are creating fertile ground for AR adoption. Local startups are entering the market with region-specific content and vernacular interfaces, enhancing accessibility.

Key players in the market

Some of the key players in AR Sports Betting Market include Flutter Entertainment, Entain plc, DraftKings Inc., FanDuel Group, Bet365, William Hill, Betway, Kindred Group (Unibet), Paddy Power, Caesars Sportsbook, PointsBet, Betsson AB, SuperBook Sports, and 888 Holdings.

Key Developments:

In July 2025, DraftKings Inc. Plans to launch “DraftKings Picks”, a peer-to-peer fantasy product promoted by LeBron James and Kevin Hart ahead of the 2025 NFL season. The new product aims to enhance customer engagement by offering a more interactive and competitive fantasy experience.

In July 2025, Flutter fully acquired FanDuel by purchasing the remaining stake; see Flutter entry above. The move gives Flutter complete control over its fastest-growing U.S. asset, strengthening its market leadership. It also extends the long-term partnership with Boyd Gaming through 2038, ensuring strategic alignment in the U.S. sports betting market.

Components Covered:
• Hardware
• Software
• Other Components

Bettings Covered:
• Live/In-Play Betting
• Pre-Match Betting
• Fan Engagement & Experience
• Marketing & Advertising

Sports Covered:
• Football
• Esports
• Basketball
• Horse Racing
• Cricket
• Other Sports

Platforms Covered:
• Online/Mobile
• Physical/Land-Based

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global AR Sports Betting Market, By Component
5.1 Introduction
5.2 Hardware
5.2.1 AR Glasses/Headsets
5.2.2 Smartphones & Tablets
5.3 Software
5.3.1 AR-Enabled Betting Applications
5.3.2 AR SDKs (Software Development Kits)
5.3.3 Data Visualization & Analytics Software
5.3.4 AR Content Creation Tools
5.4 Other Components
6 Global AR Sports Betting Market, By Betting
6.1 Introduction
6.2 Live/In-Play Betting
6.2.1 Real-time Odds Overlays
6.2.2 Game Situation & Probability Holograms
6.2.3 Player & Team Statistics Visualization
6.3 Pre-Match Betting
6.3.1 Virtual Stadium Tours
6.3.2 AR-Enhanced Player Profiles & Historical Data
6.3.3 3D Matchup Previews
6.4 Fan Engagement & Experience
6.4.1 Virtual Merchandise Try-ons
6.4.2 Social Features & Avatars
6.4.3 AR-based Quizzes & Games
6.5 Marketing & Advertising
6.5.1 Interactive AR Advertisements
6.5.2 Branded AR Experiences
6.5.3 Gamified Promotions
7 Global AR Sports Betting Market, By Sport
7.1 Introduction
7.2 Football
7.3 Esports
7.4 Basketball
7.5 Horse Racing
7.6 Cricket
7.7 Other Sports
8 Global AR Sports Betting Market, By Platform
8.1 Introduction
8.2 Online/Mobile
8.3 Physical/Land-Based
9 Global AR Sports Betting Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Flutter Entertainment
11.2 Entain plc
11.3 DraftKings Inc.
11.4 FanDuel Group
11.5 Bet365
11.6 William Hill
11.7 Betway
11.8 Kindred Group (Unibet)
11.9 Paddy Power
11.10 Caesars Sportsbook
11.11 PointsBet
11.12 Betsson AB
11.13 SuperBook Sports
11.14 888 Holdings
List of Tables
Table 1 Global AR Sports Betting Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global AR Sports Betting Market Outlook, By Component (2024-2032) ($MN)
Table 3 Global AR Sports Betting Market Outlook, By Hardware (2024-2032) ($MN)
Table 4 Global AR Sports Betting Market Outlook, By AR Glasses/Headsets (2024-2032) ($MN)
Table 5 Global AR Sports Betting Market Outlook, By Smartphones & Tablets (2024-2032) ($MN)
Table 6 Global AR Sports Betting Market Outlook, By Software (2024-2032) ($MN)
Table 7 Global AR Sports Betting Market Outlook, By AR-Enabled Betting Applications (2024-2032) ($MN)
Table 8 Global AR Sports Betting Market Outlook, By AR SDKs (Software Development Kits) (2024-2032) ($MN)
Table 9 Global AR Sports Betting Market Outlook, By Data Visualization & Analytics Software (2024-2032) ($MN)
Table 10 Global AR Sports Betting Market Outlook, By AR Content Creation Tools (2024-2032) ($MN)
Table 11 Global AR Sports Betting Market Outlook, By Other Components (2024-2032) ($MN)
Table 12 Global AR Sports Betting Market Outlook, By Betting (2024-2032) ($MN)
Table 13 Global AR Sports Betting Market Outlook, By Live/In-Play Betting (2024-2032) ($MN)
Table 14 Global AR Sports Betting Market Outlook, By Real-time Odds Overlays (2024-2032) ($MN)
Table 15 Global AR Sports Betting Market Outlook, By Game Situation & Probability Holograms (2024-2032) ($MN)
Table 16 Global AR Sports Betting Market Outlook, By Player & Team Statistics Visualization (2024-2032) ($MN)
Table 17 Global AR Sports Betting Market Outlook, By Pre-Match Betting (2024-2032) ($MN)
Table 18 Global AR Sports Betting Market Outlook, By Virtual Stadium Tours (2024-2032) ($MN)
Table 19 Global AR Sports Betting Market Outlook, By AR-Enhanced Player Profiles & Historical Data (2024-2032) ($MN)
Table 20 Global AR Sports Betting Market Outlook, By 3D Matchup Previews (2024-2032) ($MN)
Table 21 Global AR Sports Betting Market Outlook, By Fan Engagement & Experience (2024-2032) ($MN)
Table 22 Global AR Sports Betting Market Outlook, By Virtual Merchandise Try-ons (2024-2032) ($MN)
Table 23 Global AR Sports Betting Market Outlook, By Social Features & Avatars (2024-2032) ($MN)
Table 24 Global AR Sports Betting Market Outlook, By AR-based Quizzes & Games (2024-2032) ($MN)
Table 25 Global AR Sports Betting Market Outlook, By Marketing & Advertising (2024-2032) ($MN)
Table 26 Global AR Sports Betting Market Outlook, By Interactive AR Advertisements (2024-2032) ($MN)
Table 27 Global AR Sports Betting Market Outlook, By Branded AR Experiences (2024-2032) ($MN)
Table 28 Global AR Sports Betting Market Outlook, By Gamified Promotions (2024-2032) ($MN)
Table 29 Global AR Sports Betting Market Outlook, By Sport (2024-2032) ($MN)
Table 30 Global AR Sports Betting Market Outlook, By Football (2024-2032) ($MN)
Table 31 Global AR Sports Betting Market Outlook, By Esports (2024-2032) ($MN)
Table 32 Global AR Sports Betting Market Outlook, By Basketball (2024-2032) ($MN)
Table 33 Global AR Sports Betting Market Outlook, By Horse Racing (2024-2032) ($MN)
Table 34 Global AR Sports Betting Market Outlook, By Cricket (2024-2032) ($MN)
Table 35 Global AR Sports Betting Market Outlook, By Other Sports (2024-2032) ($MN)
Table 36 Global AR Sports Betting Market Outlook, By Platform (2024-2032) ($MN)
Table 37 Global AR Sports Betting Market Outlook, By Online/Mobile (2024-2032) ($MN)
Table 38 Global AR Sports Betting Market Outlook, By Physical/Land-Based (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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