Fantasy sports is a type of online game where participants assemble virtual teams of professional players of a particular sport. Such teams then compete based on their actual statistical performances in the actual games being played by them. Based on this performance of the chosen players of the fantasy team, the points for the team are compiled and totaled. The point system for fantasy leagues are calculated by a league commissioner, or may also be calculated by tracking actual results of the professional sport.
Scope of the Report:This report studies the Fantasy Sports market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Fantasy Sports market by product type and applications/end industries.
The fantasy soccer segment was the highest revenue contributing segment and is expected lead the market in the coming years. The wide reach and universal appeal of soccer has made it a highly popular game across the world, which, in turn, has helped make fantasy soccer the most popular fantasy sport globally.
In terms of geography, North AmericaÕs dominated the global fantasy sports market and will continue to account for the major fantasy sports market share in the coming years. The US is the largest market in North America as fantasy sports in the country is protected under the Unlawful Internet Gambling Enforcement Act of 2006. The law exempts fantasy sports from the category of illegal gambling and considers these sports as a game of skill rather than a game of chance. Also, the total number of fantasy sports players in North America has been increasing due to the rapid growth of the DFS format of fantasy sports.
The global Fantasy Sports market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Fantasy Sports.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers DraftKings
ESPN
CBS
FanDuel
Yahoo
Ballr
Bovada
FantasyAces
Fantrax
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Fantasy Soccer
Fantasy Baseball
Fantasy Basketball
Other
Market Segment by Applications, can be divided into Amateur
Professional
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
