Fantasy sports market size to grow by USD 8,162.12 million from 2022 to 2027, Launch of various apps for fantasy sports to drive market - Technavio

NEW YORK, March 21, 2023 /PRNewswire/ -- The global fantasy sports market size is estimated to grow by USD 8,162.12 million from 2022 to 2027 according to Technavio. The market is estimated to grow at a CAGR of 6.43% during the forecast period, and the growth momentum will accelerate. The launch of various apps for fantasy sports is driving market growth. The demand for high-end smartphones with large screens and high display resolutions is increasing. Fantasy sports apps made for such smartphones improve the gaming experience. For instance, ESPN Fantasy Sports app is a popular app that supports sports such as fantasy basketball, football, hockey, and baseball. Users of the app can create private leagues or join public leagues. The launch of such apps will fuel market growth during the forecast period. The use of fantasy sports for brand promotion is a key trend in the market. Several large corporations use fantasy leagues to market their products. For instance, Unilever plc debuted its Dove Men+Care fantasy football hub, which gives users exclusive access to fantasy football tips. Similarly, Toyota Motor Corporation bought ad space to sponsor the Yahoo Fantasy Football league summaries. These factors will promote market growth during the forecast period. For more insights on the historic data (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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• Special coverage on the Russia-Ukraine war, global inflation, recovery analysis from COVID-19, supply chain disruptions, global trade tensions, and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints -strong/active/niche/trivial - Buy the report!

Fantasy sports market - Segmentation assessment
Segment overview
Technavio has segmented the market based on product (fantasy soccer, fantasy baseball, fantasy basketball, fantasy football, and others) and platform (mobile application and website).

• The fantasy soccer segment will account for a significant share of the market growth during the forecast period. In fantasy soccer, participants assemble a virtual team of soccer players and score points based on the statistical performance of the actual players. Some of the popular fantasy soccer leagues are Draft Fantasy Football, McDonald FIFA World Cup Fantasy, Fantasy premier league, and UEFA Champions League Fantasy Football. The large number of viewers on different media platforms, such as the Internet and mobile, is likely to drive the growth of the segment during the forecast period.

Geography overview
Based on geography, the global fantasy sports market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global fantasy sports market.

• North America is estimated to account for 39% of the growth of the global market during the forecast period. Vendors in the region offer fantasy sports games to gain a competitive advantage over the traditional gaming industry. The rising adoption of secure cloud services and the use of advanced technologies such as 5G and artificial intelligence in gaming are driving the growth of the market in North America. The rising penetration of smartphones, desktops, and laptops in the region is also expected to drive market growth, as these devices provide better accessibility.

Insights on the market contribution of various segments, including country- and region-
wise historic data (2017 to 2021) and forecast market size (2023 to 2027) - Download a
sample report

Fantasy sports market – Major challenges hindering the market growth

• Negative perceptions about fantasy sports are challenging market growth.
• Many gamers consider fantasy sports a legal alternative to gambling.
• This, in turn, has harmed the reputations of many companies.
• According to some studies, fantasy sports players are more likely to develop gambling-related issues.
• However, this hypothesis has not been proven by many published studies.
• These factors may hinder the growth of the market during the forecast period.

Insights on market challenges, historic period (2017 to 2021), and forecast period (2023
to 2027) - Request a sample report!

What are the key data covered in this fantasy sports market report?

• CAGR of the market during the forecast period
• Detailed information about factors that will drive the growth of the fantasy sports market between 2023 and 2027
• Precise estimation of the size of the fantasy sports market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the fantasy sports market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of fantasy sports market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Platform
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global fantasy sports market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global fantasy sports market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Platform Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Platform Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Fantasy soccer - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Fantasy soccer - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Fantasy soccer - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Fantasy soccer - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Fantasy soccer - Year-over-year growth 2022-2027 (%)

• 6.4 Fantasy baseball - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Fantasy baseball - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Fantasy baseball - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Fantasy baseball - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Fantasy baseball - Year-over-year growth 2022-2027 (%)

• 6.5 Fantasy basketball - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Fantasy basketball - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Fantasy basketball - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Fantasy basketball - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Fantasy basketball - Year-over-year growth 2022-2027 (%)

• 6.6 Fantasy football - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Fantasy football - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Fantasy football - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Fantasy football - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Fantasy football - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Product 
• Exhibit 54: Market opportunity by Product ($ million)
• Exhibit 55: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Platform

• 7.1 Market segments
• Exhibit 56: Chart on Platform - Market share 2022-2027 (%)
• Exhibit 57: Data Table on Platform - Market share 2022-2027 (%)

• 7.2 Comparison by Platform 
• Exhibit 58: Chart on Comparison by Platform
• Exhibit 59: Data Table on Comparison by Platform

• 7.3 Mobile application - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Mobile application - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Mobile application - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Mobile application - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Mobile application - Year-over-year growth 2022-2027 (%)

• 7.4 Website - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Website - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Website - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Website - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Website - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Platform 
• Exhibit 68: Market opportunity by Platform ($ million)
• Exhibit 69: Data Table on Market opportunity by Platform ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 Mexico - Market size and forecast 2022-2027 
• Exhibit 111: Chart on Mexico - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Mexico - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Mexico - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Mexico - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Dream Sports
• Exhibit 123: Dream Sports - Overview
• Exhibit 124: Dream Sports - Product / Service
• Exhibit 125: Dream Sports - Key offerings

• 12.4 FantasyPros.com
• Exhibit 126: FantasyPros.com - Overview
• Exhibit 127: FantasyPros.com - Product / Service
• Exhibit 128: FantasyPros.com - Key offerings

• 12.5 Fantrax
• Exhibit 129: Fantrax - Overview
• Exhibit 130: Fantrax - Product / Service
• Exhibit 131: Fantrax - Key offerings

• 12.6 Flutter Entertainment Plc 
• Exhibit 132: Flutter Entertainment Plc - Overview
• Exhibit 133: Flutter Entertainment Plc - Business segments
• Exhibit 134: Flutter Entertainment Plc - Key news
• Exhibit 135: Flutter Entertainment Plc - Key offerings
• Exhibit 136: Flutter Entertainment Plc - Segment focus

• 12.7 Fox Corp.
• Exhibit 137: Fox Corp. - Overview
• Exhibit 138: Fox Corp. - Business segments
• Exhibit 139: Fox Corp. - Key offerings
• Exhibit 140: Fox Corp. - Segment focus

• 12.8 GamesKraft Technologies Pvt. Ltd. 
• Exhibit 141: GamesKraft Technologies Pvt. Ltd. - Overview
• Exhibit 142: GamesKraft Technologies Pvt. Ltd. - Product / Service
• Exhibit 143: GamesKraft Technologies Pvt. Ltd. - Key offerings

• 12.9 GDC Media Ltd.
• Exhibit 144: GDC Media Ltd. - Overview
• Exhibit 145: GDC Media Ltd. - Product / Service
• Exhibit 146: GDC Media Ltd. - Key offerings

• 12.10 Head Digital Works Pvt. Ltd. 
• Exhibit 147: Head Digital Works Pvt. Ltd. - Overview
• Exhibit 148: Head Digital Works Pvt. Ltd. - Product / Service
• Exhibit 149: Head Digital Works Pvt. Ltd. - Key offerings

• 12.11 i3 Interactive Inc.
• Exhibit 150: i3 Interactive Inc. - Overview
• Exhibit 151: i3 Interactive Inc. - Product / Service
• Exhibit 152: i3 Interactive Inc. - Key offerings

• 12.12 MyTeam11
• Exhibit 153: MyTeam11 - Overview
• Exhibit 154: MyTeam11 - Product / Service
• Exhibit 155: MyTeam11 - Key offerings

• 12.13 Playerzpot Media Pvt Ltd 
• Exhibit 156: Playerzpot Media Pvt Ltd - Overview
• Exhibit 157: Playerzpot Media Pvt Ltd - Product / Service
• Exhibit 158: Playerzpot Media Pvt Ltd - Key offerings

• 12.14 Premier League
• Exhibit 159: Premier League - Overview
• Exhibit 160: Premier League - Product / Service
• Exhibit 161: Premier League - Key offerings

• 12.15 Sorare
• Exhibit 162: Sorare - Overview
• Exhibit 163: Sorare - Product / Service
• Exhibit 164: Sorare - Key offerings

• 12.16 ViacomCBS Inc.
• Exhibit 165: ViacomCBS Inc. - Overview
• Exhibit 166: ViacomCBS Inc. - Business segments
• Exhibit 167: ViacomCBS Inc. - Key offerings
• Exhibit 168: ViacomCBS Inc. - Segment focus

• 12.17 Yahoo
• Exhibit 169: Yahoo - Overview
• Exhibit 170: Yahoo - Product / Service
• Exhibit 171: Yahoo - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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