Global Fantasy Sports Market By Overview
A Fantasy Sports Market also is known less commonly as rotisserie or roto is a type of game, often played using the Internet, where participants assemble imaginary or virtual teams of real players of a professional sport. These teams compete based on the statistical performance of those players' in actual games. This performance is converted into points that are compiled and totalled according to a roster selected by each fantasy team's manager. These point systems can be simple enough to be manually calculated by a "league commissioner" who coordinates and manages the overall league, or points can be compiled and calculated using computers tracking actual results of the professional sport. In fantasy sports, team owners' draft, trade and cut or drop players, analogously to real sports.
Drivers and Restraints:
Increasing strategic collaborations and partnerships with diverse stakeholders, growing advertising and marketing spend, and rising interest of millennial are the major factors responsible for the increased growth of the fantasy sports market. A major factor driving the growth of the fantasy sports business is the rise in the number of sporting events organized worldwide. The urge to participate in a sporting event rather than view it has raised the bar of the market significantly. Technological advancements, coupled with the availability of streaming partners, are further driving the fantasy sports market. The growing popularity of OTT platforms is expected to augur well for the fantasy sports segment. The OTT sports experience is set to observe innovation, which is mainly driven by the fantasy sports business. Fantasy sport and OTT platforms have become an apt match for the overall entertainment business. With the growth in streaming service providers and digitalization, fantasy sport is expected to receive a major boost.
However, issues such as piracy, laws and regulations, and concerns relating to fraud during gaming transactions are expected to hamper market growth, which is a key restraint for the market. The global fantasy sports market is currently undergoing several transformations from being consolidated to fragment. Vendors catering the market have a vast range of opportunities to capitalize upon. They are also focusing to maintain certain basic fan requirements such as security, transparency, fantasy insights, interactive user interface, and technological leverages.
Segmentation:
The global fantasy sports market is segmented based on sports, gender, and region.
Based on sports, the global market is classified into football, soccer, basketball, baseball, hockey, golf, cricket, and other fantasy sports. The worldwide popularity of football is a major reason for the highest share of the fantasy football segment. Based on gender, the target market is bifurcated into male and female. As men have historically been receptive to sports and outdoor games, the male segment accounts for the highest share in the fantasy sports market by gender.
Based on the region the global fantasy sports market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the global fantasy sports market due to growing demand for advanced technologies and the region will offer several growth opportunities to market vendors during the forecast period. Asia Pacific fantasy sports market is projected to register a high CAGR over the forecast period owing to the growing trend of an increasing number of players, the popularity of football, and the strong presence of Internet infrastructure will significantly influence fantasy sports market growth in this region.
Key Players:
The key players operating the global fantasy sports market involves CBS Corp., DraftKings Inc., Fox Corp., Paddy Power Betfair Plc, Roto Sports Inc., Sporta Technologies Private Ltd., Sportech Inc., The Football Association Premier League Ltd., The Walt Disney Company, Verizon Communications Inc. For instance, On February 4, 2020, CBS Corp. announced to air super bowl LV. On-air promoted on more than two dozen ViacomCBS networks, including MTV, Comedy Central, CBS, and Pop TV, as well as on Pluto TV. On February 13, 2020, Draftking signs multi-year partnerships with three NBA franchises with the Boston Celics, Philadelphia, 76ers, and Indiana Pacers.
Detailed Segmentation:
Global Fantasy Sports Market, By Sports:
- Football
- Soccer
- Basketball
- Baseball
- Hockey
- Golf
- Cricket
- Other fantasy sports
Global Fantasy Sports Market, By Gender:
- Male
- Female
Global Fantasy Sports Market, By Region:
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- North America
- North America Fantasy Sports Market, By Sports
- North America Fantasy Sports Market, By Gender
- North America Fantasy Sports Market, By Country
- U.S.
- Canada
- Europe
- Europe Fantasy Sports Market, By Sports
- Europe Fantasy Sports Market, By Gender
- Europe Fantasy Sports Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Fantasy Sports Market, By Sports
- Asia Pacific Fantasy Sports Market, By Gender
- Asia Pacific Fantasy Sports Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Fantasy Sports Market, By Sports
- Latin America Fantasy Sports Market, By Gender
- Latin America Fantasy Sports Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Fantasy Sports Market, By Sports
- Middle East & Africa Fantasy Sports Market, By Gender
- Middle East & Africa Fantasy Sports Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
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Company Profile:
- CBS Corp.
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- Company Overview
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- Product Portfolio
- Key Highlights
- Financial Performance
- Business strategies
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- DraftKings Inc.
- Fox Corp.
- Paddy Power Betfair Plc
- Roto Sports Inc.
- Sporta Technologies Private Ltd.
- Sportech Inc.
- The Football Association Premier League Ltd.
- The Walt Disney Company
- Verizon Communications Inc.
“*” marked represents similar segmentation in other categories in the respective section
Global Fantasy Sports Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Industry Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Fantasy Sports Strategies
- Key Questions this Study will Answer
- Market Snippet, By-Products
- Market Snippet, By Mechanism
- Market Snippet, By Sports
- Market Snippet, By Gender
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Fantasy Sports Market, By Sports, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Football
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Soccer
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Basketball
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Baseball
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Hockey
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Golf
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Cricket
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Other Fantasy Sports
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Fantasy Sports Market, By Gender, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Male
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Female
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Fantasy Sports Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Sports, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Gender, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Sports, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Gender, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Sports, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Gender, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Sports, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Gender, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Sports, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Gender, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- CBS Corp.
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- Company Overview
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- Product Portfolio
- Key Highlights
- Financial Performance
- Business strategies
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- DraftKings Inc.
- Fox Corp.
- Paddy Power Betfair Plc
- Roto Sports Inc.
- Sporta Technologies Private Ltd.
- Sportech Inc.
- The Football Association Premier League Ltd.
- The Walt Disney Company
- Verizon Communications Inc.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Fantasy Sports Market is segmented into sports, gender, and region.
Growing popularity of fantasy sports leagues, emphasis on fan engagement, and the adoption of digital platforms for interactive sports experiences drive the growth of the fantasy sports market globally.
Challenges include potential legal and regulatory uncertainties, competition for user attention in the entertainment sector, and the need for continuous innovation to retain user interest, posing global restraints in the fantasy sports market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the target market includes, CBS Corp., DraftKings Inc., Fox Corp., Paddy Power Betfair Plc, Roto Sports Inc., Sporta Technologies Private Ltd., Sportech Inc., The Football Association Premier League Ltd.