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Asia-Pacific & Canada Fantasy Sports Market by Sports Type (Football, Baseball, Basketball, Hockey, Cricket, and Others), Platform (Website, and Mobile Application), and Demographics (Under 25 Years, 25 to 40 Years and Above 40 Years): Regional Opportunity Analysis and Industry Forecast, 2021–2027

A10852
Pages: 137
Apr 2021 | 318 Views
 
Author(s) : Priya , Roshan Deshmukh
Tables: 54
Charts: 38
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027.

A fantasy sport which is also known as roto or rotisserie is a type of online prediction game, where participants set up virtual teams consist of proxies of real players to play virtual season of professional sport such as football, hockey, basketball, baseball and others. Fantasy sports applications provides mock drafts, advanced features, enhanced gaming interface to the players, allowing them to join & create private leagues and also enables players to track individual performance as well as players ranking of a live match. Millions of sports fans worldwide are increasingly engaging in fantasy sports which is expected to further increase rapidly during the forecast period. This is attributable to the launch of user-friendly fantasy gaming applications and rising internet penetration across Asia pacific region. Thus, increasing smartphone and internet penetration across the region are anticipated to propel market demand for online fantasy sports. Additionally, advancement in technologies enhancing the real-time playing experience of fantasy gaming is likely to bolster the growth of the Asia-Pacific & Canada fantasy sports market. 

asia-pacific-and-canada-fantasy-sports-market-2021-2027

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The growth of the Asia-Pacific & Canada fantasy sports market is attributed to increase in investment in fantasy sports platforms. Furthermore, partnership of sports fantasy platforms with sports leagues fuels the demand for Asia-Pacific & Canada fantasy sports market. For instance, DraftKings Inc. and Major League Baseball announced a multi-year extension of Exclusive and official Daily Fantasy Sports Partner of the League. Moreover, Players operating in Asia-Pacific & Canada fantasy sports market offer complete transparency to customers in terms of monetary transactions. All financial transactions on sports fantasy platforms are secured with verified payment gateways, thus building confidence among users. However, lack of awareness about fantasy sports among gaming audience is dissuading market expansion. In addition to this, the easy access of substitutes of the fantasy sports such as online poker, casions and others is further hampering the market growth. Nevertheless, early adoption of advanced technologies and supporting infrastructure along with social media platforms are likely to offer immense opportunities for the growth of the Asia-Pacific & Canada fantasy sports market during the forecast period.

Asia-Pacific & Canada fantasy sports market is segmented into sports type, platform, demographics, and country. By sports type, the market is classified into football, baseball, basketball, hockey, cricket, and others. Depending on platform, it is bifurcated into website and mobile application. On the basis of demographics, it is fragmented into under 25 years, 25–40 years, and above 40 years. Country wise, the market is analyzed across Canada, Australia, Singapore, and the Philippines.

On the basis of sports type, the basketball segment dominated the Asia-Pacific & Canada fantasy sports market share in 2019, and is anticipated to continue this trend during the forecast period. However, the others segment is expected to grow at a highest CAGR during the forecast period. 

Asia-Pacific & Canada Fantasy Sports Market
By Sports Type

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The basketball segment dominates the Asia-Pacific & Canada fantasy sports market and is expected to retain its dominance throughout the forecast period.

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Depending on demographic, the under 25–40 years segment was the highest contributor to the market in 2019 and is expected to remain dominant through 2021–2027. However, the under 25 years segment is anticipated to exhibit significant CAGR in the coming years. 

Asia-Pacific & Canada Fantasy Sports Market
By Platform

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The Mobile Application segment dominates the Asia-Pacific & Canada fantasy sports market and is expected to retain its dominance throughout the forecast period.

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On the basis of platform, the mobile application segment dominated the market in 2019, and is  also anticipated to be the fastest growing segment during the Asia-Pacific & Canada fantasy sports market forecast period.

Asia-Pacific & Canada Fantasy Sports Market
By Demographic

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The 25-40 Years segment dominates the Asia-Pacific & Canada fantasy sports market and is expected to retain its dominance throughout the forecast period.

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Country wise, Canada led the market in 2019, and is anticipated to dominate in the near future. However, The Philippines is expected to witness a notable growth in terms of value sales in the coming future.

Asia-Pacific & Canada Fantasy Sports Market
By Country

2027
Australia 
Canada
Singapore
Philippines

The Canada dominates the Asia-Pacific & Canada fantasy sports market and is expected to retain its dominance throughout the forecast period.

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The key players operating in Asia-Pacific & Canada fantasy sports market focus on prominent strategies such as product launch, agreement, partnership and business expansion to overcome competition and maintain as well as improve their share worldwide. 

Some of the major players in the operating in Asia-Pacific & Canada fantasy sports market include DraftKings Inc., FanDuel Group (Flutter Entertainment), Betway Group, Moneyball, FantasyDraft, LLC , MyClubtap , PlayOn, and PlayUp Limited. 

Covid-19 Impact Analysis

  • Disruption in growth of the Asia-Pacific & Canada fantasy sports market in 2020 is attributed to the COVID-19 outbreak. 
  • Due to covid 19 pandemic many sports events were postponed or cancelled during the outbreak. This has created challenges for the smooth operation of Asia-Pacific & Canada fantasy sport industry contributing in restricting the growth of the market.
  • The duration of the virus outbreak remains a key factor in assessing the overall impact of the pandemic, however, the industry is likely to stabilize in the year 2021.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging Asia-Pacific & Canada fantasy sports market trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing Asia-Pacific & Canada fantasy sports market opportunities in the market. 
  • The Asia-Pacific & Canada fantasy sports market forecast is offered along with information related to key drivers, restraints, and opportunities. 
  • The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

Key Market Segments

By Sports type

  • Football
  • Baseball
  • Basketball
  • Hockey
  • Cricket
  • Others

By Platform

  • Websites
  • Mobile Application

By Demographic

  • Under 25 years
  • 25 to 40 years
  • Above 40 years

By Country

  • Canada
  • Australia
  • Singapore 
  • Philippines
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Research methodology

1.3.1.Primary research
1.3.2.Secondary research
1.3.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.1.3.Estimated number of subscribers by country (2019)

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter's five forces analysis

3.2.1.Bargaining power of suppliers
3.2.2.Bargaining power of buyers
3.2.3.Threat of substitution
3.2.4.Threat of new entrants
3.2.5.Intensity of competitive rivalry

3.3.COVID-19 impact on Asia-Pacific & Canada fantasy sports market

3.3.1.Multiple scenario

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increase in investment in fantasy sports platforms
3.4.1.2.Partnerships of sports fantasy platforms with sport leagues
3.4.1.3.Transparency in monetary transactions

3.4.2.Restraints

3.4.2.1.Lack of awareness about fantasy sports platforms among gaming audience
3.4.2.2.Potential threat of substitutes

3.4.3.Opportunities

3.4.3.1.Early adoption of advanced technologies to create new growth avenues for the sports fantasy industry.
3.4.3.2.Supporting infrastructure and social media platforms accelerating market growth

CHAPTER 4:ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY SPORTS TYPE

4.1.Overview

4.1.1.Market size and forecast, by platform

4.2.Football

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by country
4.2.3.Market analysis, by country

4.3.Baseball

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, BY country
4.3.3.Market analysis, by country

4.4.Basketball

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, BY country
4.4.3.Market analysis, by country

4.5.Hockey

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, BY country
4.5.3.Market analysis, by country

4.6.Cricket

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, By Country
4.6.3.Market analysis, by country

4.7.Others

4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast, BY country
4.7.3.Market analysis, by country

CHAPTER 5:ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY PLATFORM

5.1.Overview

5.1.1.Market size and forecast, by platform

5.2.Website

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, By country
5.2.3.Market analysis, by country

5.3.Mobile application

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, BY country
5.3.3.Market analysis, by country

CHAPTER 6:ASIA -PACIFIC & CANADA FANTASY SPORTS MARKET, BY DEMOGRAPHICS

6.1.Overview

6.1.1.Market size and forecast, by demographics

6.2.Under 25 years

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, BY country
6.2.3.Market analysis, by country

6.3.25–40 years

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, BY country
6.3.3.Market analysis, by country

6.4.Above 40 years

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, BY country
6.4.3.Market analysis, by country

CHAPTER 7:ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY COUNTRY

7.1.Overview

7.1.1.Market size and forecast, by country

7.1.1.1.Canada

7.1.1.1.1.Market size and forecast, by sports type
7.1.1.1.2.Market size and forecast, by platform
7.1.1.1.3.Market size and forecast, by demographics

7.1.1.2.Australia

7.1.1.2.1.Market size and forecast, by sports type
7.1.1.2.2.Market size and forecast, by platform
7.1.1.2.3.Market size and forecast, by demographics

7.1.1.3.Singapore

7.1.1.3.1.Market size and forecast, by sports type
7.1.1.3.2.Market size and forecast, by platform
7.1.1.3.3.Market size and forecast, by demographics

7.1.1.4.Philippines

7.1.1.4.1.Market size and forecast, by sports type
7.1.1.4.2.Market size and forecast, by platform
7.1.1.4.3.Market size and forecast, by demographics

CHAPTER 8:COMPETITION LANDSCAPE

8.1.Top player positioning
8.2.Top winning strategies
8.3.Sports mapping
8.4.Competitive dashboard
8.5.Competitive heatmap
8.6.Key developments

8.6.1.Acquisition
8.6.2.Business expansion
8.6.3.Agreement
8.6.4.Partnership
8.6.5.Product launch

CHAPTER 9:COMPANY PROFILES

9.1.BETWAY LIMITED

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Sports portfolio

9.2.DRAFTKINGS INC.

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Sports portfolio
9.2.5.Business performance
9.2.6.Key strategic moves and developments

9.3.FANDUEL GROUP

9.3.1.Company overview
9.3.2.Key executive
9.3.3.Company snapshot
9.3.4.Sports portfolio
9.3.5.Key strategic moves and developments

9.4.FANTASYDRAFT, LLC

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Sports portfolio

9.5.MONEYBALL DAILY FANTASY SPORTS

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Sports portfolio

9.6.MYCLUBTAP

9.6.1.Company overview
9.6.2.Key executive
9.6.3.Company snapshot
9.6.4.Sports portfolio

9.7.PLAYON

9.7.1.Company overview
9.7.2.Key executive
9.7.3.Company snapshot
9.7.4.Sports portfolio
9.7.5.Key strategic moves and developments

9.8.PLAYUP LIMITED.

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Sports portfolio
9.8.6.Business performance

LIST OF TABLES

TABLE 01.ESTIMATED NUMBER OF SUBSCRIBERS BY COUNTRY (2019)
TABLE 02.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY PLATFORM, 2019–2027 ($MILLION)
TABLE 03.ASIA-PACIFIC & CANADA FANTASY FOOTBALL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 04.ASIA-PACIFIC & CANADA FANTASY BASEBALL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 05.ASIA-PACIFIC & CANADA FANTASY BASKETBALL MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 06.ASIA-PACIFIC & CANADA FANTASY HOCKEY MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 07.ASIA-PACIFIC & CANADA FANTASY CRICKET MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 08.ASIA-PACIFIC & CANADA OTHERS FANTASY SPORTS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 09.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY PLATFORM, 2019–2027 ($MILLION)
TABLE 10.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR WEBSITE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 11.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR MOBILE APPLICATION, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 12.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET VALUE, BY DEMOGRAPHICS, 2019–2027 ($MILLION)
TABLE 13.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR UNDER 25 YEARS, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 14.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR 25-40 YEARS, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 15.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR ABOVE 40 YEARS, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 16.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 17.CANADA FANTASY SPORTS MARKET VALUE, BY SPORTS TYPE, 2019–2027 ($MILLION)
TABLE 18.CANADA FANTASY SPORTS MARKET VALUE, BY PLATFORM, 2019–2027 ($MILLION)
TABLE 19.CANADA FANTASY SPORTS MARKET VALUE, BY DEMOGRAPHICS, 2019–2027 ($MILLION)
TABLE 20.AUSTRALIA FANTASY SPORTS MARKET VALUE, BY SPORTS TYPE, 2019–2027 ($MILLION)
TABLE 21.AUSTRALIA FANTASY SPORTS MARKET VALUE, BY PLATFORM, 2019–2027 ($MILLION)
TABLE 22.AUSTRALIA FANTASY SPORTS MARKET VALUE, BY DEMOGRAPHICS, 2019–2027 ($MILLION)
TABLE 23.SINGAPORE FANTASY SPORTS MARKET VALUE, BY SPORTS TYPE, 2019–2027 ($MILLION)
TABLE 24.SINGAPORE FANTASY SPORTS MARKET VALUE, BY PLATFORM, 2019–2027 ($MILLION)
TABLE 25.SINGAPORE FANTASY SPORTS MARKET VALUE, BY DEMOGRAPHICS, 2019–2027 ($MILLION)
TABLE 26.PHILIPPINES FANTASY SPORTS MARKET VALUE, BY SPORTS TYPE, 2019–2027 ($MILLION)
TABLE 27.THE PHILIPPINES FANTASY SPORTS MARKET VALUE, BY PLATFORM, 2019–2027 ($MILLION)
TABLE 28.THE PHILIPPINES FANTASY SPORTS MARKET VALUE, BY DEMOGRAPHICS, 2019–2027 ($MILLION)
TABLE 29.BETWAY LIMITED: KEY EXECUTIVES
TABLE 30.BETWAY LIMITED: COMPANY SNAPSHOT
TABLE 31.BETWAY LIMITED: SPORTS PORTFOLIO
TABLE 32.DRAFTKINGS INC. : KEY EXECUTIVES
TABLE 33.DRAFTKINGS INC. : COMPANY SNAPSHOT
TABLE 34.DRAFTKINGS INC. : SPORTS PORTFOLIO
TABLE 35.DRAFTKINGS INC. : NET SALES, 2018–2020 ($MILLION)
TABLE 36.FANDUEL GROUP: KEY EXECUTIVE
TABLE 37.FANDUEL GROUP: COMPANY SNAPSHOT
TABLE 38.FANDUEL GROUP: SPORTS PORTFOLIO
TABLE 39.FANTASYDRAFT, LLC: COMPANY SNAPSHOT
TABLE 40.FANTASYDRAFT, LLC: SPORTS PORTFOLIO
TABLE 41.MONEYBALL DAILY FANTASY SPORTS: KEY EXECUTIVES
TABLE 42.MONEYBALL DAILY FANTASY SPORTS: COMPANY SNAPSHOT
TABLE 43.MONEYBALL DAILY FANTASY SPORTS: SPORTS PORTFOLIO
TABLE 44.MYCLUBTAP: KEY EXECUTIVE
TABLE 45.MYCLUBTAP: COMPANY SNAPSHOT
TABLE 46.MYCLUBTAP: SPORTS PORTFOLIO
TABLE 47.PLAYON : KEY EXECUTIVE
TABLE 48.PLAYON : COMPANY SNAPSHOT
TABLE 49.PLAYON : SPORTS PORTFOLIO
TABLE 50.PLAYUP LIMITED.: KEY EXECUTIVES
TABLE 51.PLAYUP LIMITED.: COMPANY SNAPSHOT
TABLE 52.PLAYUP LIMITED.: OPERATING SEGMENTS
TABLE 53.PLAYUP LIMITED.: SPORTS PORTFOLIO
TABLE 54.PLAYUP LIMITED.: NET SALES, 2018–2019 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.HIGH BARGAINING POWER OF BUYERS
FIGURE 07.MODERATE THREAT OF SUBSTITUTION
FIGURE 08.HIGH THREAT OF NEW ENTRANTS
FIGURE 09.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 10.MULTIPLE SCENARIO ANALYSIS
FIGURE 11.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY SPORTS TYPE, 2019 (%)
FIGURE 12.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY FOOTBALL MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 13.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY BASEBALL MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY BASKETBALL MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY HOCKEY   MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY CRICKET MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA OTHERS FANTASY SPORTS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY PLATFORM, 2019 (%)
FIGURE 19.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR WEBSITE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR MOBILE APPLICATION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY DEMOGRAPHICS, 2019 (%)
FIGURE 22.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR UNDER 25 YEARS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR 25-40 YEARS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE VALUE SHARE ANALYSIS OF ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET FOR ABOVE 40 YEARS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.ASIA-PACIFIC & CANADA FANTASY SPORTS MARKET, BY COUNTRY 2019 (%)
FIGURE 26.CANADA FANTASY SPORTS MARKET VALUE, 2019-2027 ($MILLION)
FIGURE 27.AUSTRALIA FANTASY SPORTS MARKET VALUE, 2019-2027 ($MILLION)
FIGURE 28.SINGAPORE FANTASY SPORTS MARKET VALUE, 2019-2027 ($MILLION)
FIGURE 29.THE PHILIPPINES FANTASY SPORTS MARKET VALUE, 2019-2027 ($MILLION)
FIGURE 30.TOP PLAYER POSITIONING OF TOP 8 KEY PLAYERS
FIGURE 31.TOP WINNING STRATEGIES, BY YEAR, 2016–2021*
FIGURE 32.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2021* (%)
FIGURE 33.TOP WINNING STRATEGIES, BY COMPANY, 2016–2021*
FIGURE 34.SPORTS MAPPING OF TOP 8 KEY PLAYERS
FIGURE 35.COMPETITIVE DASHBOARD OF TOP 8 KEY PLAYERS
FIGURE 36.COMPETITIVE HEATMAP OF TOP 8 KEY PLAYERS
FIGURE 37.DRAFTKINGS INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 38.PLAYUP LIMITED.: NET SALES, 2018–2019 ($MILLION)

 
 

Based on the insights of various CXOs of leading companies, sports have undergone a massive digital disruption, as fantasy sports platforms have gained a huge traction in the last two decades. Fanduel and Draftkings have emerged as the leading players in the industry with millions of players using their platforms.

Furthermore, fantasy sports have positively impacted the value of television rights contracts, particularly for American sports, as fantasy sports have boosted advertising and television viewership. However, the outbreak of the coronavirus pandemic has profoundly impacted the thriving market across Canada, Australia, Singapore, and the Philippines. With limited number of real sports being played, engaged stakeholders in the industry are betting on quizzes along with expanding sports portfolio to sustain in the highly competitive market.

On the contrary, the CXOs further added that the industry will continue to flourish post the COVID-19 pandemic. In addition, advancements toward legalizing and regulations of sports fantasy platforms across the continents will provide impetus to the growing market.

Based on the insights of various CXOs of leading companies, sports have undergone a massive digital disruption, as fantasy sports platforms have gained a huge traction in the last two decades. Fanduel and Draftkings have emerged as the leading players in the industry with millions of players using their platforms.

Furthermore, fantasy sports have positively impacted the value of television rights contracts, particularly for American sports, as fantasy sports have boosted advertising and television viewership. However, the outbreak of the coronavirus pandemic has profoundly impacted the thriving market across Canada, Australia, Singapore, and the Philippines. With limited number of real sports being played, engaged stakeholders in the industry are betting on quizzes along with expanding sports portfolio to sustain in the highly competitive market.

On the contrary, the CXOs further added that the industry will continue to flourish post the COVID-19 pandemic. In addition, advancements toward legalizing and regulations of sports fantasy platforms across the continents will provide impetus to the growing market.

 
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A. Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019.

A. The top key players operating in Asia-Pacific & Canada fantasy sports market include DraftKings Inc., FanDuel Group (Flutter Entertainment), Betway Group, Moneyball, FantasyDraft, LLC, MyClubtap , PlayOn, and PlayUp Limited.

A. You can raise the query to our sales team, and they will get back to you with the sample for the Asia-Pacific & Canada Fantasy Sports Market Report.

A. Asia-Pacific & Canada fantasy sports market is segmented into sports type, platform, demographics, and country.

A. Asia-Pacific & Canada fantasy sports market is likely to grow at a CAGR of 10.7% from 2021 to 2027.

A. The forecast period of the Asia-Pacific & Canada fantasy sports market is considered from the year 2021 to 2027.

A. Canada market holds the maximum market share of the Asia-Pacific & Canada Fantasy Sports Market.

A. Due to covid 19 pandemic many sports events were postponed or cancelled during the outbreak. This has created challenges for the smooth operation of Asia -Pacific & Canada fantasy sport industry thereby, restricting the growth of the market.

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