Fantasy Sports Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR40508
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The fantasy sports market size will grow up to USD 5.38 bn at a CAGR of about 6% during 2021-2025.

The fantasy sports market report extensively covers market segmentations by type (fantasy soccer, fantasy baseball, fantasy basketball, fantasy football, and other sports) and geography (North America, Europe, APAC, South America, and MEA) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Fantasy Sports Market Size be in 2021?

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Fantasy Sports Market: Key Drivers and Trends

According to our research output, there has been a  impact on the market growth post COVID-19 era. Key drivers such as the launch of various apps for fantasy sports are notably supporting the fantasy sports market growth. On the other hand, factors such as have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This fantasy sports market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Fantasy Sports Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • DraftKings Inc.
  • FanDuel Inc.
  • Fox Corp.
  • Roto Sports Inc.
  • Sporta Technologies Pvt. Ltd.
  • Sportech Plc
  • The Football Association Premier League Ltd.
  • The Walt Disney Co.
  • Verizon Communications Inc.
  • ViacomCBS Inc.

 

The fantasy sports market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

For insights on complete key vendor profiles, download a free sample of the fantasy sports market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Fantasy Sports Market?

Fantasy-Sports-Market-Market-Share-by-Region-2020-2025

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45% of the market’s growth will originate from North America during the forecast period. The US is the key market for fantasy sports market in North America.

North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Fantasy Sports Market?

Fantasy-Sports-Market-Market-Share-by-Type-2020-2025

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The fantasy sports market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The fantasy sports market share growth by the fantasy soccer segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough fantasy sports market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the fantasy sports market size.

 

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What are the Key Factors Covered in this Fantasy Sports Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive fantasy sports market growth during the next five years
  • Precise estimation of the fantasy sports market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the fantasy sports market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of fantasy sports market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The fantasy sports market growth will increase by $6.28 billion during 2019-2024.
The fantasy sports market is expected to grow at a CAGR of 7.15% during 2019-2024.
Technavio has segmented the fantasy sports market by type (Fantasy soccer, Fantasy baseball, Fantasy basketball, Fantasy football, and Other sports) and geographic (North America, Europe, APAC, South America, and MEA).
DraftKings Inc., Flutter Entertainment Plc, Fox Corp., Roto Sports Inc., Sporta Technologies Pvt. Ltd., Sportech Inc., The Football Association Premier League Ltd., The Walt Disney Co., Verizon Communications Inc., ViacomCBS Inc. are a few of the key vendors in the fantasy sports market.
North America will register the highest growth rate of 43.63% among the other regions. Therefore, the fantasy sports market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the fantasy sports market growth are:
  • Launch of various apps for fantasy sports
The fantasy sports market vendors should focus on grabbing business opportunities from the fantasy soccer segment as it accounted for the largest market share in the base year.
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