The modern-day document posted via Report Ocean, titled “Fantasy Sports Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Fantasy sports are online gaming platforms where participants manages and drafts virtual teams of real professional sports players. Users compete against the fantasy teams of each other, over an entire sports league or season. Users that score maximum points win money based on the performance of the real professional sports players. In order to promote and advertise their platforms, leading players in the industry are partnering with sports leagues aiding them in increasing their market penetration. Some of the prominent players in this segment such as MyTeam11, Dream11, DraftKings 11Wickets, Halaplay, Starpick fanduel, and Fantain, have partnered with official sports leagues as their fantasy sports game partner.
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Dream11, one of the leading sports fantasy platform in India, is the Official Fantasy Game Partner of the International Council of Cricket (ICC), Hero Indian Super League (ISL), VIVO Pro Kabaddi League (PKL), Hero Caribbean Premier League (CPL), National Basketball Association (NBA), Big Bash League (BBL) and International Hockey Federation (FIH). Furthermore, the company has now acquired the official title for IPL 2020 with a bid of more than $30 million. Similarly DraftKings Inc. and Major League Baseball announced a multi-year extension of Exclusive and official Daily Fantasy Sports) Partner of the League. Such partnerships are expected to accelerate promotions and advertisements of the sports fantasy platforms at the global level.
The COVID-19 outbreak results in widespread economic crisis around the world. Widespread restrictions and absence of major sports leagues are expected to act as major challenges for the engaged stakeholders. Furthermore, ambiguous and complicated regulatory frameworks regarding the fantasy sports platforms, further challenges the market growth. The rapid transforming online gaming industry is giving much importance on the adoption of technologies for better and efficient operations. With the incorporations of secured payment gateways, user-friendly interface, blockchain-based apps and fantasy chatbots, the fantasy sports industry has seen huge leaps in terms of revenue generation, customer satisfaction and operation efficiency. The incorporation of such technologies is expected to continue to serve as lucrative opportunities for the engaged stakeholders in the fantasy sports market to better manage users as well as key operations.
The fantasy sports market is segmented into sports type, platform, demographics and region. By sports type, the global market is classified into football, baseball, basketball, hockey, cricket, and others. By platform, it is bifurcated into website, and mobile application. By demographics, the market is divided into Under 25 Years, 25 to 40 Years and Above 40 Years. By region, the market is analyzed across North America, Europe, and Rest of World.
Key Market Players
– Dream Sports
– DraftKings Inc.
– Fantacalcio
– Fanduel (Flutter Entertainment)
– Rotoworld
– FantasyPros
– Rotowire
– Fantrax
– Sportech Inc.
– NFL Fantasy.
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Fantasy Sports Market Segments
By Sports Type
– Football
– Baseball
– Basket Ball
– Hockey
– Cricket
– Others
By Platform
– Website
– Mobile Application
By Demographics
– Under 25 Years
– 25 to 40 Years
– Above 40 Years
By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o UK
o Germany
o Russia
o Rest of Europe
– Rest of World
o India
o Australia
o Brazil
o Africa
o Other Countries
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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