The Fantasy Sports market is expected to grow from USD 21.01 billion in 2022 to USD 70.97 billion by 2032, at a CAGR of 12.94% during the forecast period 2023-2032.
Fantasy sports include cricket, football, basketball, hockey and others. Fantasy sports is a series of games that allow individuals to participate in virtual competitions or league seasons. Teams play based on their players' statistical performance in actual games. In fantasy sports, players earn points by converting real-world statistics into fantasy points. Users compete against other people's fantasy teams during a league or sports season. Users with the most points earn money based on the performance of real professional athletes.
The rise of sports leagues, the growing popularity of players from different sports, the continuous launching of new fantasy sports apps, and rising investments in the internet infrastructure are driving the growth of the fantasy sports market. Increasing investments in technological advancements will create new opportunities over the forecast period. The lack of awareness and strict government regulations and guidelines can hamper the market growth.
This study comprehensively analyses sports, platform, and region. The sports segment includes football, baseball, basketball, hockey, cricket and others. The football segment registered the largest market share in 2022. One of the main reasons behind this is the distribution of large monetary prizes to the winner of the game. Additionally, fantasy football has more audiences across all leagues. It is an interactive game. In this game, players take on the role of the general manager of a fictional team. The platform segment comprises website and mobile application. The mobile application segment held the largest market share in 2022. The fantasy sports mobile application has a more advanced in-game interface. This interface allows players to join, create private leagues and easily track individual performance and player rankings during live match days. The increasing penetration of the internet and the growing popularity of smartphones are pushing the growth of this segment.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North American region held the highest market revenue in 2022. Due to the high demand for football (rugby league), more and more easily accessible online tools, economic growth, sports sponsorships and partnerships. The Asia Pacific region is anticipated to report the fastest CAGR during the forecast period due to the growing population and rising popularity of fantasy sports.
Some of the notable players in the market are CBS Corporation, DraftKings, FanDuel, Yahoo, ESPN, Ballr, BalleBaazi, Boom Fantasy, Binoba11, Daily Fantasy Cricket, DraftStars, DraftTeam Fantasy Sports, Dream11, Eksab, FanFight, FanMojo, FantasyDraft, Fantrax, HalaPlay, My11Circle, MoneyBall, MyTeam11, PlayON, Sportito, 11Wickets, NFL (National Football League), Gameskraft, PlayerzPot and RotoBash among others.
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Sports
4.3.2. Market Attractiveness Analysis By Platform
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Market Evaluation
5.3. Drivers
5.3.1. Fantasy sports platform development
5.3.2. Influence of social media on the fantasy sports market
5.4. Restraints
5.4.1. Low awareness
5.5. Opportunities
5.5.1. Rise in female participation
5.5.2. Technology advancements
5.6. Challenges
5.6.1. Regulatory restrictions across regions
6. Global Fantasy Sports Market Analysis and Forecast, By Sports
6.1. Segment Overview
6.2. Football
6.3. Baseball
6.4. Basketball
6.5. Hockey
6.6. Cricket
6.7. Others
7. Global Fantasy Sports Market Analysis and Forecast, By Platform
7.1. Segment Overview
7.2. Website
7.3. Mobile Application
8. Global Fantasy Sports Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Fantasy Sports Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Fantasy Sports Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. CBS Corporation
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. DraftKings
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. FanDuel
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Yahoo
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. ESPN
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Ballr
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. BalleBaazi
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Boom Fantasy
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Binoba11
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. DraftStars
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Daily Fantasy Cricket
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. DraftTeam Fantasy Sports
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Dream11
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Eksab
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. FanFight
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. FanMojo
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. FantasyDraft
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. Fantrax
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis
10.19. HalaPlay
10.19.1. Business Overview
10.19.2. Company Snapshot
10.19.3. Company Market Share Analysis
10.19.4. Company Product Portfolio
10.19.5. Recent Developments
10.19.6. SWOT Analysis
10.20. My11Circle
10.20.1. Business Overview
10.20.2. Company Snapshot
10.20.3. Company Market Share Analysis
10.20.4. Company Product Portfolio
10.20.5. Recent Developments
10.20.6. SWOT Analysis
10.21. MoneyBall
10.21.1. Business Overview
10.21.2. Company Snapshot
10.21.3. Company Market Share Analysis
10.21.4. Company Product Portfolio
10.21.5. Recent Developments
10.21.6. SWOT Analysis
10.22. MyTeam11
10.22.1. Business Overview
10.22.2. Company Snapshot
10.22.3. Company Market Share Analysis
10.22.4. Company Product Portfolio
10.22.5. Recent Developments
10.22.6. SWOT Analysis
10.23. PlayON
10.23.1. Business Overview
10.23.2. Company Snapshot
10.23.3. Company Market Share Analysis
10.23.4. Company Product Portfolio
10.23.5. Recent Developments
10.23.6. SWOT Analysis
10.24. Sportito
10.24.1. Business Overview
10.24.2. Company Snapshot
10.24.3. Company Market Share Analysis
10.24.4. Company Product Portfolio
10.24.5. Recent Developments
10.24.6. SWOT Analysis
10.25. 11Wickets
10.25.1. Business Overview
10.25.2. Company Snapshot
10.25.3. Company Market Share Analysis
10.25.4. Company Product Portfolio
10.25.5. Recent Developments
10.25.6. SWOT Analysis
10.26. NFL (National Football League)
10.26.1. Business Overview
10.26.2. Company Snapshot
10.26.3. Company Market Share Analysis
10.26.4. Company Product Portfolio
10.26.5. Recent Developments
10.26.6. SWOT Analysis
10.27. Gameskraft
10.27.1. Business Overview
10.27.2. Company Snapshot
10.27.3. Company Market Share Analysis
10.27.4. Company Product Portfolio
10.27.5. Recent Developments
10.27.6. SWOT Analysis
10.28. PlayerzPot
10.28.1. Business Overview
10.28.2. Company Snapshot
10.28.3. Company Market Share Analysis
10.28.4. Company Product Portfolio
10.28.5. Recent Developments
10.28.6. SWOT Analysis
10.29. RotoBash
10.29.1. Business Overview
10.29.2. Company Snapshot
10.29.3. Company Market Share Analysis
10.29.4. Company Product Portfolio
10.29.5. Recent Developments
10.29.6. SWOT Analysis
List of Table
1. Global Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
2. Global Football, Fantasy Sports Market, By Region, 2019-2032 (USD Million)
3. Global Baseball, Fantasy Sports Market, By Region, 2019-2032 (USD Million)
4. Global Basketball, Fantasy Sports Market, By Region, 2019-2032 (USD Million)
5. Global Hockey, Fantasy Sports Market, By Region, 2019-2032 (USD Million)
6. Global Cricket, Fantasy Sports Market, By Region, 2019-2032 (USD Million)
7. Global Others, Fantasy Sports Market, By Region, 2019-2032 (USD Million)
8. Global Fantasy Sports Market, By Platform, 2019-2032 (USD Million)
9. Global Website, Fantasy Sports Market, By Region, 2019-2032 (USD Million)
10. Global Mobile Application, Fantasy Sports Market, By Region, 2019-2032 (USD Million)
11. North America Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
12. North America Fantasy Sports Market, By Platform, 2019-2032 (USD Million)
13. U.S. Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
14. U.S. Fantasy Sports Market, By Platform, 2019-2032 (USD Million)
15. Canada Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
16. Canada Fantasy Sports Market, By Platform, 2019-2032 (USD Million)
17. Mexico Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
18. Mexico Fantasy Sports Market, By Platform, 2019-2032 (USD Million)
19. Europe Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
20. Europe Fantasy Sports Market, By Platform, 2019-2032 (USD Million)
21. Germany Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
22. Germany Fantasy Sports Market, By Platform, 2019-2032 (USD Million)
23. France Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
24. France Fantasy Sports Market, By Platform 2019-2032 (USD Million)
25. U.K. Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
26. U.K. Fantasy Sports Market, By Platform 2019-2032 (USD Million)
27. Italy Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
28. Italy Fantasy Sports Market, By Platform 2019-2032 (USD Million)
29. Spain Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
30. Spain Fantasy Sports Market, By Platform 2019-2032 (USD Million)
31. Asia Pacific Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
32. Asia Pacific Fantasy Sports Market, By Platform 2019-2032 (USD Million)
33. Japan Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
34. Japan Fantasy Sports Market, By Platform 2019-2032 (USD Million)
35. China Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
36. China Fantasy Sports Market, By Platform 2019-2032 (USD Million)
37. India Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
38. India Fantasy Sports Market, By Platform 2019-2032 (USD Million)
39. South America Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
40. South America Fantasy Sports Market, By Platform 2019-2032 (USD Million)
41. Brazil Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
42. Brazil Fantasy Sports Market, By Platform 2019-2032 (USD Million)
43. Middle East and Africa Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
44. Middle East and Africa Fantasy Sports Market, By Platform 2019-2032 (USD Million)
45. UAE Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
46. UAE Fantasy Sports Market, By Platform 2019-2032 (USD Million)
47. South Africa Fantasy Sports Market, By Sports, 2019-2032 (USD Million)
48. South Africa Fantasy Sports Market, By Platform 2019-2032 (USD Million) (K Units
List of Figures
1. Global Fantasy Sports Market Segmentation
2. Global Fantasy Sports Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Fantasy Sports Market Attractiveness Analysis By Sports
9. Global Fantasy Sports Market Attractiveness Analysis By Platform
10. Global Fantasy Sports Market Attractiveness Analysis By Region
11. Global Fantasy Sports Market: Dynamics
12. Global Fantasy Sports Market Share By Sports (2023 & 2032)
13. Global Fantasy Sports Market Share By Platform (2023 & 2032)
14. Global Fantasy Sports Market Share By Regions (2023 & 2032)
15. Global Fantasy Sports Market Share By Company (2022)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Free Customization
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.