Global Fantasy Sports Market 2024-2028
The fantasy sports market is forecasted to grow by USD 9.72 bn during 2023-2028, accelerating at a CAGR of 7.05% during the forecast period. The report on the fantasy sports market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by launch of various apps for fantasy sports, high internet penetration, and increasing number of sports leagues.
Technavio's fantasy sports market is segmented as below:
By Product
- Fantasy soccer
- Fantasy baseball
- Fantasy basketball
- Fantasy football
- Others
By Platform
- Mobile application
- Website
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the use of fantasy sports for brand promotion as one of the prime reasons driving the fantasy sports market growth during the next few years. Also, growing popularity of fantasy football in fantasy sports and emergence of blockchain technology and cryptocurrencies in fantasy sports will lead to sizable demand in the market.
The report on the fantasy sports market covers the following areas:
- Fantasy sports market sizing
- Fantasy sports market forecast
- Fantasy sports market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fantasy sports market vendors that include APKMozo.com, Blitz Studios Inc., Dream Sports, FantasyPros.com, Fantrax, Flutter Entertainment Plc, Fox Corp., GamesKraft Technologies Pvt. Ltd., GDC Media Ltd., Head Digital Works Pvt. Ltd., i3 Interactive Inc., MyTeam11, NFL Enterprises LLC, Paramount Global, Playerzpot Media Pvt Ltd, Premier League Ltd., RealTime Fantasy Sports Inc., Sachar Gaming Pvt. Ltd., Sorare, and Yahoo. Also, the fantasy sports market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.