Fantasy Sports Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Fantasy Sports Market is valued at USD 21.39 billion in 2021 and is expected to reach USD 44.07 billion, with an estimated CAGR of 12.92% over the forecast period of 2022-2027. The increasing popularity of players, the emergence of sports leagues, growing investment in digital and internet infrastructure, and the launch of fantasy sports applications as other means to connect with their favorite sports are some factors driving the market's growth.
Key HighlightsThe Fantasy Sports Market is fragmented, and the companies are leveraging strategic collaborative initiatives to increase their market share and increase their profitability. However, with technological advancements and product innovations, mid-size to smaller companies are growing their market presence by securing new contracts and tapping new markets.
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