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Zona de Azar USA – $ 6.28 Billion Growth Expected in Fantasy Sports Market

USA.- April 27th 2021 www.zonadeazar.com [1]The global fantasy sports market by type (fantasy soccer, fantasy baseball, fantasy basketball, fantasy football, and other sports) and geography (APAC, Europe, MEA, North America, and South America) has been added to Technavio’s offering. The global fantasy sports market is expected to grow by USD 6.28 billion, at a CAGR of over 7% during 2020-2024.

Technavio has announced its latest market research report titled Fantasy Sports Market by Type and Geography – Forecast and Analysis 2020-2024

The COVID-19 pandemic affected the growth of various industries, commercial activities, and sports. This led to the postponement of major leagues that reduced the revenue of fantasy sports vendors, which hindered the growth of the market in 2020. However, the launch of various apps for fantasy sports is expected to increase the revenue of market vendors, thereby positively influencing the market growth.

The market is expected to be driven by factors such as the launch of various apps for fantasy sports and the increasing number of sports leagues.

Fantasy Sports Market: Opportunities

The gaming market has grown significantly over the years. Many companies are promoting eSports, which is encouraging new gamers to take up gaming as a profession. Besides, the rising number of esports tournaments is expected to create significant growth opportunities in the market during the forecast period.

Fantasy Sports Market: Segmentation by Type

Based on the segmentation by type, the market generated maximum revenue in the fantasy soccer segment in 2019. The segment is mainly driven by the facilities that fantasy soccer players receive. Fantasy sports websites allow users to transfer their players multiple times. Some websites allow the unlimited transfer of players during a season. Many such benefits are fostering the growth of the fantasy soccer segment.

Fantasy Sports Market: Segmentation by Geography

North America held the largest market share in 2019 and the market growth in the region is expected to be slower compared to the growth of the market in MEA and APAC. Factors such as the increasing number of players, the rising popularity of football, and the strong presence of internet infrastructure are expected to drive the growth of the fantasy sports market in North America during the forecast period.

Fantasy Sports Market: Major Vendors

DraftKings Inc.
The company provides DraftKings soccer, a virtual environment where the players assemble imaginary or virtual teams of real soccer players. The company also offers DraftKings MMA, a virtual environment where the players assemble imaginary or virtual teams of real MMA players.

Sporta Technologies Pvt. Ltd.
The company provides a multi-sport aggregator platform for every sports fan offering a wide spectrum of content, commerce, and community engagement. The company offers fantasy cricket league and fantasy football league under the Dream 11 brand.

Sportech Inc.
The company provides a virtual environment where the players assemble imaginary or virtual teams of real horse racing players.

The Football Association Premier League Ltd.
The company provides a virtual environment where the players assemble imaginary or virtual teams of real soccer players.

Verizon Communications Inc.
The provides wireless and wireline communications services and products, video and data services, corporate networking solutions, security and managed network services, and others. The company offers fantasy golf league services and fantasy auto racing league services.

Related Reports on Fantasy Sports Market:

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Global Sports Sponsorship Market – Global sports sponsorship market is segmented by type (signage, digital activation, club and venue activation, and others) and geography (APAC, Europe, MEA, North America, and South America).
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Global Sports Coaching Market – Global sports coaching market is segmented by type (sports camps and personalized trainings and recreational camps) and geography (North America, Europe, APAC, South America, and MEA).
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Global Esports Market – Global esports market is segmented by game genre (MOBA, FPS, RTS, and others) and geographic (APAC, Europe, MEA, North America, and South America).
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Executive Summary

Market Overview
Market Landscape

Market ecosystem
Value chain analysis
Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 – 2024
Five Forces Analysis

Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Type

Market segments
Comparison by Type placement
Fantasy soccer – Market size and forecast 2019-2024
Fantasy baseball – Market size and forecast 2019-2024
Fantasy basketball – Market size and forecast 2019-2024
Fantasy football – Market size and forecast 2019-2024
Other sports – Market size and forecast 2019-2024
Market opportunity by Type
Customer landscape

Overview
Geographic Landscape

Geographic segmentation
Geographic comparison
North America – Market size and forecast 2019-2024
APAC – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends

Market drivers
Volume driver – Demand led growth
Volume driver – Supply led growth
Volume driver – External factors
Volume driver – Demand shift in adjacent markets
Price driver – Inflation
Price driver – Shift from lower to higher-priced units
Market challenges
Market trends
Vendor Landscape

Overview
Vendor landscape
Landscape disruption
Vendor Analysis

Vendors covered
Market positioning of vendors
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.
Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

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Edited by: @MaiaDigital www.zonadeazar.com [1]

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