The following teams are considered to be the favorites to win the 2023 Cricket World Cup:

• India: India is the host nation and the current number one ranked ODI team in the world. They have a strong batting lineup led by Rohit Sharma and Virat Kohli, and a balanced bowling attack.
• England: England are the defending World Cup champions and they have a very talented team. They have a deep batting lineup and a strong bowling attack led by Jofra Archer.
• Australia: Australia are five-time World Cup champions and they are always a threat in major tournaments. They have a strong batting lineup led by David Warner and Marnus Labuschagne, and a balanced bowling attack.
• New Zealand: New Zealand are the current number one ranked Test team in the world and they have a very good ODI team as well. They have a balanced batting lineup and a strong bowling attack led by Trent Boult.

Other teams that could challenge for the title include Pakistan, South Africa, and the West Indies.

It is important to note that the World Cup is a long tournament and anything can happen. The team that plays the best cricket on the day will be the one that wins.