[ 175+ Pages Research Report] Global Fantasy Sports Market to surpass USD 64.73 million by 2030 from USD 21.95 million in 2020 at a CAGR of 14.7% in the coming years, i.e., 2021-30.

Product Overview

Fantasy sports are online prediction games in which anyone assembles a virtual team of professional athletes. Real-life statistics are turned into fantasy points, and you get points for them. The greater your fantasy points, the better your player performs in real life. Players up against other managers and their teams in this game. To maintain winning, everyone manages a roster by adding, dropping, trading, and selling players. The global adoption of technology is a crucial factor driving the growth of the Global Fantasy Sports Market industry. Furthermore, due to its high revenue and expanding user base, the gaming industry's expanding investment has transformed the market. The market's expansion would be aided by the growing youth population and urbanization.

Market Highlights

Global Fantasy Sports Market is expected to project a notable CAGR of 14.7% in 2030.

This growth is anticipated due to increasing mergers and acquisitions across various sectors which will create a worldwide demand for Fantasy Sports. Digitalization is a key aspect fueling the expansion of the fantasy sports industry. Consumers are now connected to the outside world through digital means. An increase in smartphone usage is a major element driving the global market. Global suppliers choose to market services through applications and websites.

Global Fantasy Sports Market: Segments

Football segment to grow with the highest CAGR during 2020-30

Global Fantasy Sports Market is segmented by type into Football, Baseball, Basket Ball, Hockey, Cricket, and Others. Football segment held the largest market share in the year 2020. Football's popularity has risen dramatically in recent years due to fantasy sports. Despite the fact that many analysts believe the sport was popular prior to the debut of fantasy sports, it has reached new heights as a result of the growing popularity of fantasy sports. Vendors can target the segment's vast fan base with interactive and new offerings, thereby greatly increasing their earnings.

Mobile application segment to grow with the highest CAGR during 2020-30

Global Fantasy Sports Market is divided by application into Website and Mobile Application. Over the forecast period, the mobile application segment is projected to expand at the fastest pace. With the growing use of smartphones and the ease of access to application-based internet games, mobile fantasy sports are becoming more popular. The popularity and acceptance of competitive gaming has drawn more committed PC users, and the website-based is projected to grow rapidly. Manufacturers of computers and laptops are compelled to provide the most up-to-date high-performance processors and graphics cards for customization.

Market Dynamics

Drivers

Safe and secure transactions and high transparency

All financial transactions on sports fantasy sites are protected by secure payment gateways, giving players more confidence. Furthermore, the platforms provide greater openness by allowing users to see teams made by their competitors, as well as showing the amount of money available at the start of the game and the money to be won by different rank holders in a tournament. As a result, there is open rivalry among users. Consumer confidence in fantasy sports platforms is increased by high transparency, fair playing norms and laws, and safe payment channels.

COVID-19 pandemic and technological advancements

The COVID-19 pandemic has resulted in a significant increase in the number of players. During lockdowns and restrictions, online gaming platforms have become one of the most popular means of entertainment. Furthermore, technological advancements such as the merging of analytics and blockchain have the potential to radically alter the industry's operations. The fantasy sports market share is expected to grow significantly during the projection period, thanks to increased advertising monitoring, digital expenditure, technical upgrades, and online customer surveys.

Restraint

Data security issues and COVID-19 pandemic laws

Real-time sporting events were halted for a few months due to COVID-19 laws, which had a negative impact on the market. In addition, the absence of technical infrastructure in developing nations, as well as the lack of payment transfer and data security, may stymie industry expansion.

Global Fantasy Sports Market: Key Players

Battery

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

CBS Sports

Playup Ltd.

Sbn Gaming Network Pvt. Ltd.

Sleeper

Dream Sports

Fsport

Mobile Premier League

Nfl Fantasy

Other Prominent Players

Global Fantasy Sports Market: Regions

Global Fantasy Sports Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Global Fantasy Sports Market in North America held the largest market share in the year 2020. In terms of revenue, North America was the most important fantasy sports market. During the projected period, demand for fantasy sports contests in the United States and Canada stays at an all-time high, owing to a growing love for the fantasy sports industry and an increase in tech-savvy customers. Due to a growing interest in a variety of sports categories and an infusion of international vendors, European economies are also seeing increased demand.

Global Fantasy Sports Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Fantasy Sports Market report also contains analysis on:

Fantasy Sports Segments:

By Type

Football

Baseball

Basket Ball

Hockey

Cricket

Others

By Application

Website

Mobile Application

Fantasy Sports Dynamics

Fantasy Sports Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Fantasy Sports Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Fantasy Sports market

What is the Fantasy Sports market growth

Which segment accounted for the largest Fantasy Sports market share

Who are the key players in the Fantasy Sports market

What are the factors driving the Fantasy Sports market

Contents

1. Executive Summary

2. Global Fantasy Sports Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Fantasy Sports Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Fantasy Sports Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Fantasy Sports Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Type: Market Share (2020-2030F)

1. Football, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Baseball, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Basket Ball, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Hockey, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Cricket, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

6. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Application: Market Share (2020-2030F)

1. Website, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Mobile Application, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. Battery

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. CBS Sports

3. Playup Ltd.

4. Sbn Gaming Network Pvt. Ltd.

5. Sleeper

6. Dream Sports

7. Fsport

8. Mobile Premier League

9. Nfl Fantasy

10. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

Research Programs/Design

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources