The Global Fantasy Sports Market Report by The Business Research Company covers fantasy sports market drivers and restraints, fantasy sports market size, major players, and the impact of COVID-19 on the fantasy sports market.
The fantasy sports market consists of sales of fantasy sports services by entities (organizations, sole traders, and partnerships) that are engaged in providing online gaming and betting services. Fantasy sports, often known as rotisserie sports or roto, are any of a variety of games that allow a player to play a virtual game or a virtual season of a league. These teams compete based on the statistical performance of those players in actual games. In fantasy sports, a player earns points based on real life statistics that are converted into fantasy points. The fans take on the roles of both general manager and field manager for their team, assembling a squad through a draft and deals and putting together lineups in desire of the highest statistical output.
The global fantasy sports market is expected to grow from $20.36 billion in 2020 to $22.31 billion in 2021 at a compound annual growth rate (CAGR) of 9.5%. The growth in the fantasy sports market is mainly due to the increasing youth population, growth in digital infrastructure, availability of affordable smartphones, increasing popularity of players in various sports, growing investment in internet infrastructure and the launch of fantasy sports applications. The market is expected to reach $38.60 billion in 2025 at a CAGR of 14.7%.
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Some fantasy sports market trends include artificial intelligence, as it can help a player to focus on the decisions that matter such as whom to start with and which players to trade. Major players operating in the fantasy sports sector are focused on artificial intelligence technology to reduce the complexities in fantasy sports trading.
Global fantasy sports market segments include:
1) By Sports Type: Football, Baseball, Basketball, Hockey, Cricket, Others
2) By Platform: Website, Mobile Application
3) By Usage Type: Free, Paid, Hybrid
4) By Application: Individual Competition, Team Competition
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global fantasy sports market share.
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The Fantasy Sports Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides fantasy sports market overviews, analyzes and forecasts market size, share, fantasy sports market players, fantasy sports market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The fantasy sports identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Fantasy Sports Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: DraftKings, Fan Duel, Fantrax, Nfl Fantasy, Dream Sports, Yahoo Fantasy, Bovada, Fox Sports Fantasy Football, Fantasy Pros, Good Gamer Corporation, Draft Team Fantasy Sports, 11Wickets, Battlefy, Mobile Premier League (Mpl), Sportito, and Winview Games.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Fantasy Sports Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Fantasy Sports Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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