PUBLISHER: Grand View Research | PRODUCT CODE: 1301215
PUBLISHER: Grand View Research | PRODUCT CODE: 1301215
Fantasy Sports Market Size, Share & Trends Analysis Report By Sports, By Sports Type, By Platform, By Gameplay, By Device, By Demographics, By Region, And Segment Forecasts, 2023 - 2030
Fantasy Sports Market Growth & Trends
The global fantasy sports market size is estimated to reach USD 56.36 billion by 2030, registering a CAGR of 14.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The demand for fantasy sports is gaining momentum due to improving internet connectivity and increasing smartphone ownership, which helps in user gain. In fantasy sports, users can make virtual teams, which comprise proxies of real players from any professional sports. These teams compete based on the player's actual performance, which aids the service provider's analytical servers to predict the users' winning and losing.
Fantasy sports operators are looking for opportunities to enhance their relationships and contribution to the sporting industry. Establishing digital footprints help the operator to create future-ready jobs in artificial intelligence, machine learning, and analytics, which allows them to contribute to the expansion of the sporting industry. Operators are also providing extensive funding for sports infrastructure, supporting the adoption of regional sports, and increasing the viewership of regional sports leagues and tournaments.
This enormous growth in the market has generated curiosity and interest among the media, resulting in various YouTube channels, vlogs, TV shows, newspaper columns, blogs, and forums on which experts analyze player and team performance and predict upcoming trends. Key players are acquiring enormous market shares and a higher user base. The industry also provides opportunities for newer companies to grow in the market owing to its vast potential.
North America is the highest revenue contributor for fantasy sports operators due to the availability of the latest technologies such as blockchain and artificial intelligence, which provide a more immersive experience and drives popularity in the region. Asia Pacific is witnessing exponential market growth due to the spike in the user base in economies such as India. The country is one of the key emerging markets, as the craze for cricket and football, along with various leagues such as IPL, ISL, and others, provide a helping hand to the expansion of the market in India as well as the region.
Fantasy Sports Market Report Highlights
- The team sports segment held the largest revenue share in 2022 in the global market for fantasy sports, owing to the worldwide popularity of major team sporting events such as the FIFA World Cup, Cricket World Cup, etc. Predictions are made about which teams have greater odds of winning, and users are aware of these sports' playing regulations, playing terms, and analysis
- Based on sports type, football accounted for the largest market share in 2022 due to the widespread popularity of fantasy football, along with the highly addictive nature of the platform and the ease of managing one's own team
- The application-based platform segment is likely to expand at the fastest CAGR over the forecast period. Fantasy sports applications can be accessed from anywhere and allow users to participate in fantasy tournaments
- The European market is attaining moderate growth due to the presence of several major leagues, run by large corporations such as Barclays, Hublot, and Nike, which has helped in popularizing the concept of fantasy sports in the region
Table of Contents
Chapter 1. Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope And Assumptions
- 1.4.1 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Fantasy Sports Market Variables And Trends
- 3.1 Market Lineage Outlook
- 3.2 Industry Value Chain Analysis
- 3.3 Market Dynamics
- 3.4 Industry Analysis Tools
- 3.4.1 Porter's Five Forces Analysis
- 3.4.2 Macroeconomic Analysis
- 3.5 Fantasy Sports Market - Covid - 19 Impact Analysis
Chapter 4 Fantasy Sports Market: Sports Estimates & Trend Analysis
- 4.1 Sports Movement Analysis & Market Share, 2022 & 2030
- 4.2 Fantasy Sports Market Estimates & Forecast, By Sports (USD Million)
- 4.2.1 Individual Sports
- 4.2.2 Partner Sports
- 4.2.3 Team Sports
- 4.2.3.1 Invasion Game
- 4.2.3.2 Net Game
- 4.2.3.3 Field & Striking Game
- 4.2.3.4 Target Game
- 4.2.4 Extreme Sports
Chapter 5 Fantasy Sports Market: Sports Type Estimates & Trend Analysis
- 5.1 Sports Type Movement Analysis & Market Share, 2022 & 2030
- 5.2 Fantasy Sports Market Estimates & Forecast, By Sports Type (USD Million)
- 5.2.1 American Football (Rugby)
- 5.2.2 Baseball
- 5.2.3 Basketball
- 5.2.4 Car Racing
- 5.2.5 Cricket
- 5.2.6 Football/Soccer
- 5.2.7 Others
Chapter 6 Fantasy Sports Market: Platform Estimates & Trend Analysis
- 6.1 Platform Movement Analysis & Market Share, 2022 & 2030
- 6.2 Fantasy Sports Market Estimates & Forecast, By Platform (USD Million)
- 6.2.1 Web - Based
- 6.2.2 Application - Based
Chapter 7 Fantasy Sports Market: Gameplay Estimates & Trend Analysis
- 7.1 Gameplay Movement Analysis & Market Share, 2022 & 2030
- 7.2 Fantasy Sports Market Estimates & Forecast, By Gameplay (USD Million)
- 7.2.1 Individual Competition
- 7.2.2 Team Competition
Chapter 8 Fantasy Sports Market: Device Estimates & Trend Analysis
- 8.1 Device Movement Analysis & Market Share, 2022 & 2030
- 8.2 Fantasy Sports Market Estimates & Forecast, By Device (USD Million)
- 8.2.1 Smartphones
- 8.2.2 Computer
- 8.2.3 Others
Chapter 9 Fantasy Sports Market: Demographics Estimates & Trend Analysis
- 9.1 Demographics Movement Analysis & Market Share, 2022 & 2030
- 9.2 Fantasy Sports Market Estimates & Forecast, By Demographics (USD Million)
- 9.2.1 Under 25 Years
- 9.2.2 25 To 40 Years
- 9.2.3 Above 40 Years
Chapter 10 Fantasy Sports Market: Regional Estimates & Trend Analysis
- 10.1 Fantasy Sports Market: Regional Outlook
- 10.2 North America
- 10.2.1 North America Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.2.2 U.S.
- 10.2.2.1 U.S. Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.2.3 Canada
- 10.2.3.1 Canada Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.3 Europe
- 10.2.1 Europe Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.3.2 Germany
- 10.3.2.1 Germany Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.3.3 U.K.
- 10.3.3.1 U.K. Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.3.4 France
- 10.3.4.1 France Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.3.5 Italy
- 10.3.5.1 Italy Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.4 Asia Pacific
- 10.4.1 Asia Pacific Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.4.2 China
- 10.4.2.1 China Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.4.3 Japan
- 10.4.3.1 Japan Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.4.4 India
- 10.4.4.1 India Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.4.5 South Korea
- 10.4.5.1 South Korea Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.5 Latin America
- 10.5.1 Latin America Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.5.2 Brazil
- 10.5.2.1 Brazil Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.5.3 Mexico
- 10.5.3.1 Mexico Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.6 Middle East And Africa
- 10.6.1 Middle East And Africa Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.6.2 Uae
- 10.6.2.1 Uae Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.6.3 Saudi Arabia
- 10.6.3.1 Saudi Arabia Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 10.6.3 South Africa
- 10.6.3.1 South Africa Fantasy Sports Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 11 Fantasy Sports Market - Competitive Landscape
- 11.1 Key Participants
- 11.1.1 DREAM SPORTS GROUP
- 11.1.2 CBS SPORTS DIGITAL
- 11.1.3 REALTIME FANTASY SPORTS INC.
- 11.1.4 VAUNTEK INC. (FANTRAX)
- 11.1.5 DRAFTKINGS
- 11.1.6 PURE WIN (SWEETSPOT N.V.)
- 11.1.7 FANDUEL
- 11.1.8 FANTASYPROS.COM
- 11.1.9 MY11CIRCLE
- 11.1.10 FANTALCALCIO (QUANDRONICA SRL)
- 11.1.11 ROTOWIRE (GDC MEDIA LTD.)
- 11.1.12 NBC SPORTS EDGE (NBC SPORTS GROUP)
- 11.1.13 MYFANTASYLEAGUE (SIDELINE SOFTWARE INC.)
- 11.1.14 OFFICE FOOTBALL POOL (OFP HOSITNG INC.)
- 11.1.15 FLUTTER ENTERTAINMENT PLC
- 11.2 Recent Development & Impact, By Key Market Participants
- 11.3 Company Categorization
- 11.4 Participant's Overview
- 11.5 Financial Performance
- 11.6 Product Benchmarking
- 11.7 Company Heat Map Analysis
- 11.8 Company Market Share Analysis, 2022
- 11.9 Strategy Mapping
- 11.9.1 Expansions
- 11.9.2 Mergers & Acquisitions
- 11.9.3 Collaborations
- 11.9.4 New Product Launches
List of Tables
- Table 1 Fantasy Sports market - Key market driver impact
- Table 2 Key market restraint/challenges impact
- Table 3 Global Fantasy Sports Market Revenue Estimates and Forecast, By Sports, 2018 - 2030 (USD Million)
- Table 4 Global Fantasy Sports Market Revenue Estimates and Forecast, By Sports Type, 2018 - 2030 (USD Million)
- Table 5 Global Fantasy Sports Market Revenue Estimates and Forecast, By Platform, 2018 - 2030 (USD Million)
- Table 6 Global Fantasy Sports Market Revenue Estimates and Forecast, By Gameplay, 2018 - 2030 (USD Million)
- Table 7 Global Fantasy Sports Market Revenue Estimates and Forecast, By Device, 2018 - 2030 (USD Million)
- Table 8 Global Fantasy Sports Market Revenue Estimates and Forecast, By Demographics, 2018 - 2030 (USD Million)
- Table 9 Recent Developments & Impact Analysis, By Key Market Participants
- Table 10 Company Heat Map Analysis
- Table 11 Key Companies undergoing expansions
- Table 12 Key Companies involved in M&As
- Table 13 Key Companies undergoing collaborations
- Table 14 Key Companies launching new products
List of Figures
- Fig. 1 Fantasy Sports Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 Fantasy Sports - Industry Value Chain Analysis
- Fig. 11 Fantasy Sports market: PORTER's FIVE FORCES Analysis
- Fig. 12 Fantasy Sports market: PESTEL Analysis
- Fig. 13 Key Company Categorization
- Fig. 14 Company Market Share Analysis, 2022
- Fig. 15 Strategic framework
