Prediction markets to hit $1 trillion by 2030

Bernstein forecasts that prediction market volumes will surge to approximately $1 trillion by 2030, a significant increase from current levels. This growth is attributed to increasing regulatory clarity, the integration of blockchain technology, and broader distribution through major trading platforms like Robinhood and Coinbase. While sports betting currently dominates, crypto and macroeconomic contracts are expected to drive future expansion. The report anticipates industry revenues could reach $10.8 billion by 2030, highlighting the evolving landscape of information markets and their increasing mainstream relevance.