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Global Fantasy Sports Market Report 2021-2026: Yahoo and ESPN have Traditionally been Prominent Vendors but the Market is Dominated by DraftKings and FanDuel - ResearchAndMarkets.com

·4-min read

The "Fantasy Sports Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global fantasy sports market by revenue is expected to grow at a CAGR of approx. 14% during 2020-2026.

Digitalization is an essential factor that is driving the growth of the fantasy sports market. Consumers are currently connected with the outer world via digital mediums. An increase in smartphone use is a significant factor influencing the market across the globe. The global vendors prefer selling products/services via apps and online websites.

The COVID-19 outbreak has led to the rapid growth in the number of gamers. Online gaming platforms have become one of the most used mediums for entertainment during lockdowns and restrictions. With respect to COVID-19 regulations, real-time sports events have witnessed a halt for few months, which affected the market negatively.

However, vendors have come out with new versions, which boost engagements among audiences and provide the experience of leagues and clubs. Daily fantasy sports (DFS) have pushed vendors to focus on this attractive sports segment that draws large audiences. With more than 60 million players/users currently active in the US, the DFS model sets to grow significantly during the forecast period.

Also, technological advances such as the combination of analytics and blockchain could completely disrupt the way the industry operates. With advertising monitoring, digital spending, technical upgrades, and online customer surveys growing, the fantasy sports market share is likely to observe promising growth during the forecast period.

The following factors are likely to contribute to the growth of global fantasy sports during the forecast period:

  • Growth in Worldwide Sports Events Count

  • A rise in Data Consumption

  • Development of Fantasy Sports Platforms

  • Rise in Female Participation in Sports

INSIGHTS BY VENDORS

Yahoo and ESPN have traditionally been prominent vendors; however, the market is currently dominated by DraftKings and FanDuel, especially in the North American region.

While major vendors such as FanDuel, DraftKings, Yahoo, ESPN, and CBS are the primary revenue generators, other vendors such as PlayOn, FanTrax, StarsDraft, Dream11, and Sportito are striving hard to gain better market opportunities in the future years.

Innovative offerings hold significant importance in the industry. Catering to the audience and fans with some of the service offerings dedicated completely toward ensuring their maximum engagement is the key to growth within the market.

Key Questions Answered:

  • How big is the fantasy sports market?

  • What is the most popular fantasy sport?

  • What was the revenue share of fantasy football in 2020?

  • What is the growth of the US fantasy sports market?

  • Which region has the largest market share in the fantasy sports market?

  • Which top companies hold the market share in the global fantasy sports market?

Prominent Vendors

  • CBS Corporation

  • DraftKings

  • FanDuel

  • Yahoo

  • ESPN

Other Prominent Vendors

  • Ballr

  • BalleBaazi

  • Boom Sports

  • Binoba11

  • Daily Fantasy Cricket

  • DraftStars

  • DraftTeam Fantasy Sports

  • Dream11

  • Eskab

  • FanFight

  • FanMojo

  • FantasyDraft

  • Fantrax

  • HalaPlay

  • My11Circle

  • MoneyBall

  • MyTeam11

  • PlayON

  • Sportito

  • 11Wickets

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of The Study

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Online Gaming Industry

7.1.1 Gaming Industry - Major Trends in 2021

7.2 Global Fantasy Sports Market

7.3 Demographics Of Fantasy Sports Market

7.4 Impact Of COVID-19

7.5 Value Chain

8 Market Opportunities & Trends

8.1 Growth In Count Of Worldwide Sports Events

8.2 Rise In Data Consumption

8.3 Fantasy Sports Platform Development

8.4 Rise In Female Participation

9 Market Growth Enablers

9.1 Influence of Social Media On Fantasy Sports

9.2 Capitalizing on OTT Platforms

9.3 Rise In Partnerships In Fantasy Sports Market

10 Market Restraints

10.1 Regulatory Restrictions Across Regions

10.2 Growth In Technicalities Hampering Growth

10.3 Stringent Regulations Against Betting

11 Market Landscape

11.1 Market Overview

11.1.1 Market By Geography

11.1.2 Market By Sport

11.1.3 Market By Gender

11.1.4 Market By Platform

11.2 Five Forces Analysis

12 Sport

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Fantasy Football

12.4 Fantasy Soccer

12.5 Fantasy Basketball

12.6 Fantasy Baseball

12.7 Fantasy Hockey

12.8 Fantasy Golf

12.9 Fantasy Cricket

12.10 Other Fantasy Sports

13 Gender

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 Male

13.4 Female

14 Platform

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.3 Application

14.4 Website

15 Geography

15.1 Market Snapshot & Growth Engine

15.2 Geographic Overview

For more information about this report visit https://www.researchandmarkets.com/r/pux57c

View source version on businesswire.com: https://www.businesswire.com/news/home/20210511005838/en/

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