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A06468 | Pages: 200 | Charts: 61 | Tables: 144 |
Market Introduction and Definition
The global fantasy sports market size was valued at $30.5 billion in 2023, and is projected to reach $114.7 billion by 2033, growing at a CAGR of 13.9% from 2024 to 2033. Fantasy sports are games played online in which players form virtual teams made up of real players from major sporting events. These virtual teams compete mainly on the picked athletes' statistical performance in live games. Participants receive points based on their selected players' real-life performance, intending to outperform other competitors' teams over the course of an entire season or series of matches. Fantasy sports' success derives from their immersive and participatory aspect, which increases fan engagement by creating a more substantive connection to the athletic event that is driving the fantasy sports market. The advent of mobile and internet-based applications has greatly improved availability and ease, allowing individuals to keep track of their squads in real-time. Furthermore, competitiveness and social features, in which users may compete against friends or the larger community, contribute to the attractiveness.
Key Takeaways
The fantasy sports market study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Million) for the projected period 2024-2033.
More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major fantasy sports industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Segments
Key Market Players