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. 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.
Some of the key players profiled in the fantasy sports market analysis are Dream Sports, DraftKings Inc., fantacalcio, Fanduel (Flutter Entertainment), Rotoworld, FantasyPros, Rotowire, Fantrax, Sportech Inc., and NFL Fantasy.
Fantasy Sports Market Segments
By Sports Type
By Platform
By Demographics
By Region
KEY MARKET 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. 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.
Some of the key players profiled in the fantasy sports market analysis are Dream Sports, DraftKings Inc., fantacalcio, Fanduel (Flutter Entertainment), Rotoworld, FantasyPros, Rotowire, Fantrax, Sportech Inc., and NFL Fantasy.
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
- U. S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Russia
- Rest of Europe
- Rest of World
- India
- Australia
- Brazil
- Africa
- Other Countries
KEY MARKET PLAYERS
- Dream Sports
- DraftKings Inc.
- Fantacalcio
- Fanduel (Flutter Entertainment)
- Rotoworld
- FantasyPros
- Rotowire
- Fantrax
- Sportech Inc.
- NFL Fantasy.
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Fantasy Sports Market, by Sports Type
Chapter 5: Global Fantasy Sports Market, by Platform
Chapter 6: Global Fantasy Sports Market, by Demographics
Chapter 7: Fantasy Sports Market, by Region
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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