Fantasy Sports Market to Witness Incremental Growth at 13.9% CAGR

 According to a new report published by Allied Market Research, titled, “Fantasy Sports Market by Sports Type, Platform, and Demographics: Opportunity Analysis and Industry Forecast, 2021–2027,” the global fantasy sports market size was $18.6 billion in 2019, and is projected reach $48.6 billion by 2027, registering a CAGR of 13.9% from 2021 to 2027


Key Findings Of The Study

By region, North America dominates in terms of the fantasy sports market share and is expected to retain its dominance during the forecast period.
By sports type, the fantasy football segment led in terms of market share, in 2019; however, the fantasy cricket segment is expected to gain market share in the upcoming years.
By platform, the mobile application segment accounted for about three-fourths share of the fantasy sports market in 2019 and is poised to grow at the highest CAGR during the forecast period.
By demographics, the under 25 years segment is expected to gain market share in the upcoming years and is estimated to grow at a CAGR of 15.9% during the fantasy sports market forecast period.
By region, rest of World is anticipated to grow with robust CAGR of 18.2% during the forecast period.


Ask for sample copy of this report >>> https://www.alliedmarketresearch.com/request-sample/6833


Some of the key players analyzed in the fantasy sports market analysis :-
ROTOWORLD (COMCAST CORPORATION)
FANTASYPROS (MARZEN MEDIA LLC)
ROTO SPORTS, INC
FANTRAX
GOOD GAMER CORPORATION
NFL ENTERPRISES LLC
DRAFTKINGS INC
SPORTECH INC
FANDUEL
DREAM SPORTS


Market growth Overview 2021-2027

The rapid expansion of the fantasy sports industry has been well supported by investment from investors around the world. Investors around the world continued to show interest on sports fantasy platforms. For instance Dream11 a fantasy sports platform in India received funding of about $100 Million in a Series D funding round in the year 2018 led by Chinese investment holding company Tencent. On the similar lines, Halaplay raised $5 billion in Series A funding led by Kae Capital and Nazara Technologies. Similarly, FanDuel has received collective funding of more than $400 million. DraftKings, a sports fantasy platform launched in 2012 has raised close to $900 million and is now valued at more than $2 billion. The continued investment from investors aids in the fantasy sports market growth with better product offerings from different platforms.


COVID-19 Analysis :-
The emergence of COVID-19 has negatively disrupted the global fantasy sports market with leagues and tournaments either been called off or shifted to last month of 2020 or to the next year, i.e. 2021. The deferral of sports events has led to widespread losses for the engaged stakeholders. Nevertheless, with the resuming of sports activities in the last quarter of this year, the market is expected to recover slightly; however, a major rebound is projected to be witnessed next year onwards.


Get detailed COVID-19 impact analysis@ Request For Customization>>> https://www.alliedmarketresearch.com/request-for-customization/6833?reqfor=covid


The fantasy sports market is segmented into sports type, platform, demographics and region.

By sports type, the global market is classified into football, baseball, basketball, hockey, cricket, and others. By platform, it is bifurcated into website, and mobile application.
By demographics, the fantasy sports market is divided into under 25 years, 25 to 40 years and above 40 years.
By region, the market is analyzed across North America, Europe, and Rest of World. The market is evaluated based on the user expenditure on fantasy sports platforms.


Interested in Procuring this Report? Visit Here >>> https://www.alliedmarketresearch.com/purchase-enquiry/6833

Comments

Post a Comment

Popular posts from this blog

Pet Care Market SWOT Analysis, Key Indicators, Forecast To 2027

  Pet care products are necessary to help raise a pet. These include pet food, cleaning products, pet toys, and pet medical care products. Pets act as a companion for a human being. Pets can be intelligent, reliable, and emotional toward their owner. Market scope and structure analysis:                 Report Metric                                               Details   Market size available for years   2020–2027   Base year considered   2019   Forecast period   2021–2027   Forecast units   Value ($US)   Segments covered   Type, Animal, Distribution Channel, and Region   Regions covered North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-...
Read more

Hair Styling Gels Market Opportunity Analysis and Industry Forecast, 2020-2027

  Hair styling gel is a hair styling product used to set hair in a specific style. It is used to bind hair so that it does not deteriorate due to air, dust, and external environment. Its application is very easy. A polymer sealer is dissolved in water or alcohol for formation of hair gel, which is then rigorously applied through each hair strand to form a film between each hair strand. On the basis of product, the hair styling gels market is bifurcated into men styling gel and women styling gel. Hair gels are used to manage frizzy hair, retain moisture of hair and reduce chances of hair fall, while combing. They provide a discrete personality to an individual. Hence, now it has become a trend amongst youth to take care of their hair to save it from dirt and pollution. It is expected that the hair styling gels market would increase at a substantial rate and unfold tremendous changes during the forecast period. Request For FREE Sample :- https://www.alliedmarketresearch.com/requ...
Read more

Sexual Wellness Market Emerging Trends, Growth Factors

Image
   Various factors driving the growth of the sexual wellness market such as increasing sexually transmitted infections, growing interest in sex and popularity of the sex toys in millennial population  According to a new report published by Allied Market Research, titled, “Sexual Wellness Market by Product, End Users, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global sexual wellness market is expected to reach $ 108,320.0 million by 2027 at a CAGR of 4.6% from 2021 to 2027. Sexual wellness is the physical, mental, and sexual well-being of a person, which can be achieved through the use of various products such as sex toys, contraceptives, lubricants, delay sprays, pregnancy testing kits, and vaginal sexual wellness products. In addition, the products that enhance pleasure of sexual experience, provide safety from sexually transmitted infections, and reduce the risk of unwanted pregnancy are considered as sexual wellness pro...
Read more