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The global fantasy sports market is expected to grow from USD 22.5 million in 2021 to USD 66.4 billion by 2030, at a CAGR of 14.5% from 2022 to 2030. Fantasy sports are online gaming platforms where participants manage and draft virtual teams of real professional sports players. Participants compete against the fantasy teams of each other people over an entire sports league or season. The user that scores maximum points wins money based on the performance of the real professional sports players.
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MarketResearchReport EXCLUSIVEEDITION GlobalFantasySportsMarkettobe worthUS$66.4billionby2030 GlobalIndustryAnalysis,ForecastandTrends,2022-2030 ©SľaľsvilleConsulľingPíivaľeLimiľedwww.maíkeľsľaľsville.com|sales@maíkeľsľaľsville.com|+1(646)663-5829|+91-702-496-8807
FantasySports Market ©2020StatsvilleConsultingPrivateLimited Market StatsvilleGroup (MSG) ApartofStatsvilleConsulting PrivateLimited American Office – 800 Third Avenue Suite A #1519 NewYork,NY10022 EMEA– 1165Budapest16DiósyLajosu.24.,Europe Asia-PacificOffice– F-178SubhashMargC Scheme,AshokNagar,Jaipur,Rajasthan,302001 www.marketstatsville.com Disclaimer:Anyinformationand/ormaterialprovidedbyStatsvilleConsultingPrivateLimited,includinganyandalltheanalysisand/orresearchfromMarket StatsvilleGroup(MSG),isofferedtoaselectedgroupofcustomersinresponsetoordersforsuchinformation,material,analysis,and/orresearch.Asa customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/ordissemination, orgeneralpublication,and/ordisclosuretoanythirdparties. Anyandall theinformationand/ormaterialprovidedbyStatsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysisorresearchmay be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise,withouttheexplicitand writtenpermissionof StatsvilleConsulting,is expresslyand clearlyprohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consultingwillberesponsiblefor thefinaldecisionofany action. ©SľaľsvilleConsulľingPíivaľeLimiľed www.maíkeľsľaľsville.com
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FantasySportsMarkettobeworthUS$66.4billionby2030 FantasySportsMarketbySportsType(Baseball,Hockey,BasketBall,Football,Cricket,andOthers),by Platform(MobileApplicationandWebsite),byAgeGroup(Under25Years,25to40Years,andAbove 40Years),byUsageType(FreeandPaid),ByGamingMode,byRegion–GlobalShareandForecast to2030 Description TheglobalfantasysportsmarketisexpectedtogrowfromUSD22.5 millionin2021toUSD66.4 billionby 2030,ataCAGRof14.5%from2022to2030.Fantasysportsareonlinegamingplatformswhereparticipants manageanddraftvirtualteamsofrealprofessionalsportsplayers.Participantscompeteagainstthefantasy teamsofeachotherpeopleoveranentiresportsleagueorseason.Theuserthatscoresmaximumpointswins moneybasedon theperformanceoftherealprofessionalsportsplayers. Playersoperatinginthe fantasysportsmarketoffercompletetransparencytocustomersregardingtheir monetarytransactions.Allfinancialtransactionsonsportsfantasyplatformsaresecuredwithverifiedpayment gateways,thusbuildinggreaterconfidenceamongusers.Also,theplatformsallowgreatertransparencyby allowinguserstoviewteamscreatedbytheircompetitors,disclosingtheamountofmoneyatthestartofthe game,andrevealingthe moneytobewonbydifferentrankholdersin acontest.Thisresultsintransparent competitionbetweenusers.Hightransparency,fairplayingpolicies,regulations,andsecurepaymentgateways resultin higherconsumerconfidenceamongsttheusersoffantasysportsplatforms. ©SľaľsvilleConsulľingPíivaľeLimiľed www.maíkeľsľaľsville.com
Fantasysportsareoftenconfusedwithillegalsportsbetting,thoughfantasysportsarepredominantlyskill-based. However,fantasysportsalwaysremaininlegalscrutinyofvariousgamblinglawsacrossthecountries.Thelegality offantasysportsisoftenbasedonexistinggaminglawsandskillgamelaws.Thoughfantasysportsarelegal; however,statesintheU.S.suchasHawaii,Alabama,Arizona,Idaho,Montana,Louisiana,Iowa,Nevada,and WashingtonStatehavebannedoneormorefantasysportsplatformssuchasYahoo,FanDuel,FantasyDraft, DraftKings,andothers.Furthermore,lawsrelatedtosportsfantasyplatformsarehighlyambiguousin countries likeJapan,Macau,Malaysia,Pakistan,Indonesia,Taiwan,andVietnam.Theabsenceofregulatorybodiesand ambiguouslawsremainsamajorchallengeforthe engagedstakeholdersin the sportsfantasyindustry.Moreover, withthesportsactivitiesandleaguessuchasIPLandmoresportsleagueslikelytotakeplaceinthe upcoming months,thesportsfantasymarketislikelytobouncebackin theupcomingmonthsofthelastquarter. RequestSampleCopyofthisReport:https://www.marketstatsville.com/request-sample/fantasy- sports-market COVID-19Impactonthe GlobalFantasy SportsMarket Theglobalfantasysportsmarketisbeingimpactedprofoundlyamidstcoronavirusoutbreaks.Theoutbreakin Chinahasresultedinthe lockdownandceasingofsportsactivitiesworldwide.Furthermore,closuresofsports complexes,stringentsocialdistancingnorms,andpublicfearforcontractionofcoronavirushavenegatively impactedsportsactivities.Theabsenceofmajorsportsleagueshasresultedinhugeturmoilfortheengaged stakeholders;however,the disruptionis expectedtoremainshort. ©SľaľsvilleConsulľingPíivaľeLimiľed www.maíkeľsľaľsville.com 6
GlobalFantasy SportsMarketDynamics Drivers:DigitalInfrastructureintheDevelopingRegion India'snumberofinternetsubscribersisestimatedtoreach639millionbythe endofDecember2020from560 millioninSeptember2018.Also,averagedatausagepersubscriberhasincreasedsignificantlyduetoaffordable smartphones'availabilitycoupledwithrapidlyfallingdatapricesacrossthecountry.Thisgrowthindigital infrastructureandthe availabilityofhigh-speedinternetataffordablepriceshelpsindrivingthe growthofthe fantasysportsmarketin theregion. Restraints:LackofAwarenessAboutFantasySportsPlatforms Thelackofawarenessaroundthelargercontextanddefinitionofe-sportsamongstthe wideronlinegaming populaceremainsaconcernforfantasysports.Whileattemptingtouncoverthisunderstandingfromourdipstick surveyof336fantasysportsusers,itwasfoundthatnearly55%oftherespondentshadanincorrect understandingofe-sports,associatingit exclusivelywithsports-basedgames.Afurther22%ofrespondentswere completelyunawareofwhate-sportsconstitutes.Fosteringaclearerunderstandingofthee-sportssegmentwould be crucialforthe industrytoharnessthesegment’struepotential. Opportunities:RisingPopularityofSportsLeagues Theemergenceofvarioussportsleaguessuchasthe IndianPremierLeague(IPL) andNationalFootballLeague (NFL)increasesthedemandforinnovativetechnologicalengagements.Thisisinvigoratingthemarketforfantasy sportsasitisacrucialtoolofactivefanengagement,andit isincreasinglydeployedinvarioussports. Furthermore,improvinginternetconnectivityandincreasingsmartphoneownershipsareanticipatedtosurgethe numberofusersandpositivelyimpactthe industrygrowth. ©SľaľsvilleConsulľingPíivaľeLimiľed www.maíkeľsľaľsville.com
ScopeoftheFantasySports • The study categorizes the fantasy sports market based on sports type, platform, age group, usage type, and gaming mode at theregionalandgloballevels. • DirectPurchaseReport:https://www.marketstatsville.com/buy-now/fantasy-sports-market?opt=2950 BySports TypeOutlook (Sales,USDMillion,2017-2030) • Baseball • Hockey • BasketBall • Football • Cricket • Others • ByPlatform Outlook(Sales,USDMillion,2017-2030) • MobileApplication • Website • ByAgeGroup (Sales,USDMillion,2017-2030) • Under25Years • 25to40Years • Above40Years • ByUsageTypeOutlook (Sales,USDMillion,2017-2030) • Free • Paid • ByGamingModeOutlook (Sales,USDMillion,2017-2030) • SoloGamePlay • SquadGamePlay ©SľaľsvilleConsulľingPíivaľeLimiľed www.maíkeľsľaľsville.com
ByRegionOutlook(Sales,USDMillion,2017-2030) • NorthAmerica(US,Canada,Mexico) • SouthAmerica(Brazil,Argentina,Colombia,Peru,RestofLatinAmerica) • Europe(Germany,Italy,France,UK, Spain,Poland,Russia,Slovenia, Slovakia,Hungary,Czech • Republic,Belgium, theNetherlands,Norway,Sweden, Denmark,Restof Europe) • Asia Pacific (China,Japan,India,South Korea,Indonesia,Malaysia,Thailand,Vietnam,Myanmar, Cambodia, thePhilippines,Singapore,Australia&NewZealand,Restof AsiaPacific) • TheMiddleEast & Africa(Saudi Arabia,UAE,South Africa,NorthernAfrica,RestofMEA) • Accessfull ReportDescription,TOC,TableofFigure,Chart, • etc:https://www.marketstatsville.com/table-of-content/fantasy-sports-market • The mobileapplicationsegment isaccountedforthelargest marketshare ©SľaľsvilleConsulľingPíivaľeLimiľed www.maíkeľsľaľsville.com
Theglobalfantasysportsmarketissegmentedas websiteandmobile applicationsbasedonthe platform. In2021,themobilesegmentaccountedfor thelargestmarketshare.And it is estimatedto gainmore marketshareintheupcoming years during theforecastperiod. Asia Pacificaccountsfor thehighestCAGR duringtheforecastperiod Basedontheregions, theglobalfantasy sportsmarkethas beensegmentedacrossNorthAmerica, Asia-Pacific, Europe, South America, and the Middle East & Africa. Worldwide, Asia Pacific is estimated tohold thehighestCAGRintheglobalfantasysportsmarketduringthe forecastperiod.Theregion includes the countries such as China, India, Japan, Australia, South Korea, Southeast Asia, and the RestofAsia-Pacific.Theregion's growth is primarilydueto strongeconomicgrowthin thedomestic emergingcountriessuch as China, Indonesia, India,andMalaysia. RequestForReportDescription:https://www.marketstatsville.com/fantasy-sports-market ©SľaľsvilleConsulľingPíivaľeLimiľed www.maíkeľsľaľsville.com
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