Fantasy Sports
A fantasy sport (also known less commonly as rotisserie or roto) is a type of online game 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' players in actual games. This performance is converted into points that are compiled and totaled 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 (drop) players, analogously to real sports.
The study projects that the Fantasy Sports market will register a xxxx% CAGR in terms of revenue, which is expected to reach USD xxxx million in 2026 from USD xxxx million in 2019.
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Key Dynamics
High penetration of the IT technology is Accelerating Market Growth
Following the popularity of video games and e-sports, the demand for Fantasy sports gaming hardware is increasing globally, so as global e-sports events and activities, thus making Fantasy sports industry a promising future in the coming years. Further, the ongoing social media development will further stimulate the market growth, since the live streaming of gaming tournament on portals such as YouTube, Twitch.tv, is also trending. What’s more, the rising demand for e-sport fantasy leagues, coupled with the escalating advancement of virtual gaming technologies due to the relatively low level of the industry concentration, these factors are projected to buckle up the global Fantasy Sports market.
Segmentation
On the basis of type, Fantasy Sports Market segmented into
l Fantasy Baseball
l Fantasy Car Racing
l Fantasy Football
l Micro-moment Games
l Fantasy Golf
l Other
On the application, Fantasy Sports Market segmented into
l Private
l Commercial
l Others
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Competitive Landscape
Important players profiled in the global Fantasy Sports market include ESPN, FanDuel, CBS, DraftKings, Bovada, DraftTeam Fantasy Sports, Yahoo, Ballr, MGT Capital Investments, Victiv, DraftDay, Fantasy Aces, Fantasy Fued, Fantrax, and etc.
Regional Spotlights
The report highlights North America prevails a favorable position for generating the utmost revenue during the forecast period, due to the improved IT infrastructure, popular e-sports games on portals, along with the high-end software technologies. Likewise, APEC is endowed with a promising future as well, which is attributed to the increasing per capita income, improving consumption capability in the region, and the growing application in the commercial sector, such as fantasy sports competition and other events.
Overall Regions Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
In-depth Fantasy Sports Market Report: Intended Audience
• Fantasy Sports software company
• Raw material suppliers of Fantasy Sports hardware
• Downstream vendors and end-users
• Traders, distributors, and resellers of Fantasy Sports hardware
• IT / Electronics industry associations, organizations, and agencies
• Product managers, Online gaming industry administrator, C-level executives of the industries
• Market Research and consulting firms
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Years considered for the study
• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026
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