Fantasy Sports Market to grow by USD 5.38 Billion in 2021-2025, DraftKings Inc. and FanDuel Inc. Emerge as Key Contributors to growth| Technavio

NEW YORK, June 15, 2021 /PRNewswire/ —

The Fantasy Sports Market report has been added to Technavio’s offering. 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. Our client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

The fantasy sports market is poised to grow by USD 5.38 billion during 2021-2025, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Download: Technavio’s Analysis on Market Segments

Frequently Asked Questions-

  • What are the major trends in the market?
    High internet penetration is one of the major trends in the market.
  • At what rate is the market projected to grow?
    Growing at a CAGR of about 6%, the incremental growth of the market is anticipated to be USD 5.38 billion.
  • Who are the top players in the market?
    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., and ViacomCBS Inc. are some of the major market participants.
  • What are the key market drivers and challenges?
    Launch of various apps for fantasy sports is one of the major factors driving the market. However, the increasing traction of mobile video games and traditional e-sports restraints the market growth.
  • How big is the North America market?
    The North America region will contribute to 45% of market growth.

Related Reports on Consumer Discretionary Include:

Sports Betting Market by Platform and Geography – Forecast and Analysis 2020-2024
Gambling Market by Type, Platform, and Geography – Forecast and Analysis 2021-2025

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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., and ViacomCBS Inc. are some of the major market participants. The launch of various apps for fantasy sports will offer immense growth opportunities.

In a bid to help players strengthen their market foothold, this fantasy sports market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Fantasy Sports Market 2021-2025: Segmentation

Fantasy Sports Market is segmented as below:

  • Type
    • Fantasy Soccer
    • Fantasy Baseball
    • Fantasy Basketball
    • Fantasy Football
    • Other Sports
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40508

Fantasy Sports Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fantasy sports market report covers the following areas:

  • Fantasy Sports Market Size
  • Fantasy Sports Market Trends
  • Fantasy Sports Market Analysis

This study identifies high internet penetration as one of the prime reasons driving the fantasy sports market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Fantasy Sports Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist fantasy sports market growth during the next five years
  • Estimation of the fantasy sports market size and its contribution to the parent market
  • 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
  • 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

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

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
  • Fantasy soccer – Market size and forecast 2020-2025
  • Fantasy baseball – Market size and forecast 2020-2025
  • Fantasy basketball – Market size and forecast 2020-2025
  • Fantasy football – Market size and forecast 2020-2025
  • Other sports – Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 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.

Appendix

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

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Report: https://www.technavio.com/talk-to-us?report=IRTNTR40508

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Fantasy Sports Market to grow by USD 5.38 Billion in 2021-2025, DraftKings Inc. and FanDuel Inc. Emerge as Key Contributors to growth| Technavio WeeklyReviewer

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