Fantasy Sport Trends and Forecast
The future of the global fantasy sport market looks promising with opportunities in the individual competition and team competition markets. The global fantasy sport market is expected to grow with a CAGR of 13.9% from 2024 to 2030. The major drivers for this market are growing smartphone adoption and the decreasing cost of high-speed internet connections, increasing quantity of yearly sporting events and sports leagues, and ongoing innovation in a variety of cutting-edge gaming solutions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fantasy Sport by Segment
The study includes a forecast for the global fantasy sport by sport, platform, gameplay, device, and region.
Fantasy Sport Market by Sport [Shipment Analysis by Value from 2018 to 2030]:
• Individual Sports
• Partner Sports
• Team Sports
• Extreme Sports
Fantasy Sport Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Web-Based
• Application-Based
Fantasy Sport Market by Gameplay [Shipment Analysis by Value from 2018 to 2030]:
• Individual Competition
• Team Competition
Fantasy Sport Market by Device [Shipment Analysis by Value from 2018 to 2030]:
• Smartphone
• Computer
• Others
Fantasy Sport Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fantasy Sport Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fantasy sport companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fantasy sport companies profiled in this report include-
• Dream Sports Group
• CBS Sports Digital
• Realtime Fantasy Sports
• Flutter Entertainment
• Vauntek
• DraftKings
• Pure Win
• FanDuel
• FantasyPros.com
• MY11Circle
Fantasy Sport Market Insights
Lucintel forecasts that team sport is expected to witness the highest growth over the forecast period because individuals from several teams can be combined to create a virtual team, team sports have a higher possibility of success.
Within this market, team competition is expected to witness the higher growth because team events have a league system that lets participants maximize their winnings by placing bets or creating teams numerous times.
North America is expected to witness highest growth over the forecast period due to extensive array of sports options available.
Features of the Global Fantasy Sport Market
Market Size Estimates: Fantasy sport market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fantasy sport market size by sport, platform, gameplay, device, and region in terms of value ($B).
Regional Analysis: Fantasy sport market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sport, platform, gameplay, device, and regions for the fantasy sport market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fantasy sport market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for fantasy sport market?
Answer: The global fantasy sport market is expected to grow with a CAGR of 13.9% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the fantasy sport market?
Answer: The major drivers for this market are growing smartphone adoption and the decreasing cost of high-speed internet connections, increasing quantity of yearly sporting events and sports leagues, and ongoing innovation in a variety of cutting-edge gaming solutions.
Q3. What are the major segments for fantasy sport market?
Answer: The future of the global fantasy sport market looks promising with opportunities in the individual competition and team competition markets.
Q4. Who are the key fantasy sport market companies?
Answer: Some of the key fantasy sport companies are as follows:
• Dream Sports Group
• CBS Sports Digital
• Realtime Fantasy Sports
• Flutter Entertainment
• Vauntek
• DraftKings
• Pure Win
• FanDuel
• FantasyPros.com
• MY11Circle
Q5. Which fantasy sport market segment will be the largest in future?
Answer: Lucintel forecasts that team sport is expected to witness the highest growth over the forecast period because individuals from several teams can be combined to create a virtual team, team sports have a higher possibility of success.
Q6. In fantasy sport market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to extensive array of sports options available.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fantasy sport market by sport (individual sports, partner sports, team sports, and extreme sports), platform (web-based and application-based), gameplay (individual competition and team competition), device (smartphone, computer, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Fantasy Sport Market, Fantasy Sport Market Size, Fantasy Sport Market Growth, Fantasy Sport Market Analysis, Fantasy Sport Market Report, Fantasy Sport Market Share, Fantasy Sport Market Trends, Fantasy Sport Market Forecast, Fantasy Sport Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.