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Custom Market Insights published in its database a new report titled “India Fantasy Sports Market: Size, Trends, and Insights by Sports Type (Cricket and Football), By Platform (Websites and Mobile Applications), By Demographics, (Under 25, 25-40, and Above 40), and By Regional – Global Industry Analysis, Statistical Data Competitive Analysis, Share Outlook and Forecast 2023-2030”.
According to the latest research, India Fantasy Sports Market Size & Share was valued at USD 25.44 billion in 2022and it is expected reach USD 28.98 billion in 2023 and is expected reach a USD 72.06 billion by 2030 at a CAGR of 13.9% over the forecast period of 2022 to 2030.
The CMI Intelligence Team states that there is a significant increase in the number of sports events and leagues such as IPL T20 and Vivo Pro Kabaddi, as well as the popularity of different media channels such as YouTube, vlogs and TV shows. There are also blogs and forums where experts discuss upcoming trends related fantasy sports.
India Fantasy Sports Market Dynamics
In recent years, the Indian fantasy sports market has grown significantly. Several factors are driving this market.
Here’s a look at some of the main dynamics that are impacting the market.
- Increased Internet and Smartphone penetration The proliferation of smartphones, and the affordable Internet services available in India have contributed to the wide adoption of fantasy sports. Digital platforms have made it easier to play fantasy sports. This has led to an increase in users.
- The popularity and fan base of cricket in India: In India, cricket is the most popular sports, with a large fan base. This has led to the growth of fantasy games in the country. Fantasy cricket is India’s most popular fantasy sport, accounting for a large share of the market.
- Increase in disposable income As disposable income has increased, so have discretionary expenditures on leisure and entertainment activities including fantasy sports. Users are willing spend money for in-app purchases and subscription fees.
- Partnerships with sports leagues Fantasy Sports platforms have formed partnerships with major sports leagues such as the Indian Premier League and Pro Kabaddi League to increase visibility and reach an even wider audience. These partnerships also increased user engagement and participation.
- Legalization & Regulation: Indian government legalized & regulated fantasy sports bringing more transparency ad legitimacy to industry. This has increased the trust of users, and led to an increase in users and investment in the industry.
The India fantasy sports market is driven by a number of factors including increasing internet and mobile penetration, cricket’s popularity, rising disposable income, partnerships and regulations, as well as legalization and regulation. In the next few years, the market will continue to grow as new players enter the market and existing ones invest in new services and features to engage users.
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The updated report includes an introduction, overview, and an in-depth analysis of the industry.
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This package includes the COVID-19 Pandemic Impact Analysis
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A Research Report of 220+ pages (Including Recent Research).
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Give detailed chapter-by Chapter guidance on the Request
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Updated regional analysis with a graphic representation of size, share, and trends for 2022
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Tables and figures updated
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The latest version of the report contains the top market players, their business strategies, sales volume, and revenue analysis
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Custom Market Insights research methodology
Please note that before delivery, the sample report on India Fantasy Sports has been updated to include the COVID-19 Impact Study. )
Report Scope
|
Report Feature |
Details |
| Market Size by 2023 | USD 28.98 Billion |
| Projected market size in 2030 | USD 72.06 Billion |
| Market Size by 2022 | USD 25.44 Billion |
| CAGR Growth Rate | 13.9% CAGR |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Key Segment | By Sport Type, Platform and Demographics |
| Reportage | Estimation of Revenue and Forecast, Competitive Landscape and Recent Trends, Company Profile |
| Regional Scope | North India, West Central India, South India and East India |
| Buy Options | You can also request tailored options for your research. |
India Fantasy Sports Market Analysis
The COVID-19 Pandemic in India had mixed effects on the fantasy sports market. The COVID-19 pandemic caused the cancellation of or postponement for several sports events including the Indian Premier League and Indian Super League. However, it also increased the use of fantasy sports by users who were stuck at home. Here are some key impacts of COVID-19 on the India fantasy sport market:
- A temporary drop in revenue: Due to the cancellation or postponement major sporting events such as the IPL, the ISL and other sports, fantasy sports platforms experienced a temporary fall in revenue. These platforms heavily rely on these events in order to attract users, and generate revenue from sponsorships and advertisements.
- Increased user engagement: As people stayed at home because of lockdowns and social distance measures, fantasy sports became popular as a form of entertainment. Users could connect with each other online and join fantasy sports leagues. This provided a sense community and social interaction in a time when people were isolated.
- Shift of user Behavior: COVID-19 has led to a change in the user’s behavior. Users are spending more time using digital platforms. The COVID-19 pandemic led to a shift in user behavior, with users spending more time on digital platforms.
- Return of Sports Events: Although with safety protocols and restrictions, the resumption sports events led to a slow recovery in India’s fantasy sports market. In 2020, the IPL and ISL both ran successfully. This helped boost revenue and engagement on fantasy sports platforms.
This report answers the key questions:
- What is the estimated size and growth rate of the Indian fantasy sports market?
- What are the main factors driving the Indian fantasy sports market?
- What are India’s leading companies in the Fantasy Sports Industry?
- What are the various categories of the India Fantasy Sports Market?
- What is the fastest growing segment or region in the world?
- What role do the essential players have in the value chain?
- How can I get a sample report on the India Fantasy Sports Market and profiles of companies?
Key Offerings:
- 2022-2030
- Market Dynamics: Growth Drivers and Restraints. Investment Opportunities. Leading Trends.
- Market Segmentation: A detailed analysis of the market by Types of Services and End-User Services.
- Competitive Landscape: Top Key Vendors, Other Prominent Suppliers
List the major players in India’s Fantasy Sports Market:
- Dream11 (Dream Sports Group).
- Mobile Premier League (MPL), (Galactus Funware Technology Private Limited).
- 11 Wickets.com is a website by Ability Games Pvt. Ltd)
- BalleBaazi
- MyTeam11
- MyFab11
- Paytm First Games Ltd. Ltd.
- Head Digital Works Pvt Ltd.
- Fantasy Power 11
- Halaplay
- Cricplay
- Fanfight
- Zapak
- Sports Junki
- My11Circle
- Fancy 11
- Ftoss
- Livepools
- Vision11 Private Limited
- CrickPe is a private limited company that was founded by Third Unicorn Private Limited.
- Other
We customized your report according to your research needs. Ask our sales team if you can customize your report. )
Market Segmentation Key:
CMI Team analyzes the key trends for each sub-segment in the India fantasy sports report. They also provide forecasts on a national and regional basis from 2023-2030. The report categorizes the market by sports type, platform and demographics.
Sports Type:
- It is a good way to start the day.
- It is a good idea to use a football.
- Other
Platform:
- Website
- Mobile
- Approval
Demographics:
- Under 25 Years
- 25-40 Years
- Above40Years
By region:
- North India
- West and Central India
- South India
- East India
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This India Fantasy Sports Market Research/Analysis Report contains answers to the following questions .
- What Manufacturing Technology is Used for India Fantasy Sports? What are the current developments in that technology? What trends are driving these developments?
- What are the key players in this India fantasy sports market? Who are the key players in this India fantasy sports market?
- What was the market status of the India Fantasy Sports Market at the time? What was the capacity, production value, cost and PROFIT of India Fantasy Sports Markets?
- What is the current market status of the India Fantasy Sports Industry? What is the market competition in this industry, both company and country wise? What is the Market Analysis of India Fantasy Sports Market Considering Types and Applications?
- What are the projections of the India Fantasy Sports Industry in terms of production, capacity and value? What will be the estimated cost and profit? What will be the market share, supply and consumption? What about imports, exports and the market share?
- What is India Fantasy Sports Market Analysis by Upstream Raw Materials?
- What is the economic impact on India’s Fantasy Sports Industry? What are the results of a macroeconomic environment analysis? What are the Macroeconomic Environment Development trends?
- What are the market dynamics of India Fantasy Sports Market? What are the challenges and opportunities?
- What should be the entry strategies, countermeasures against economic impact, and marketing channels for India Fantasy Sports Industry?
Why you should buy India Fantasy Sports Market Report
- India Fantasy Sports Market Report is a qualitative and quantitative market analysis based on segmentation, including economic and noneconomic factors.
- The India Fantasy Sports Market Report provides market data (in USD) for each segment.
- This report identifies the regions and segments that are expected to grow the fastest and dominate the market.
- India Fantasy Sports Market by Geography highlights the consumption and factors that affect the market in each region.
- The competitive landscape includes the market rankings of the major players as well as new product/service launches, partnerships, expansions of business, and acquisitions of companies in the last five years.
- The profiles of the leading market players are extensive and include company overviews, company insights, benchmarking products, SWOT analyses, and company insights.
- The Industry’s future and current market outlook regarding recent developments, including growth drivers and opportunities as well as challenges in both emerging and developed areas.
- India Fantasy Sports Market Provides in-depth analysis of the market from different perspectives using Porter’s Five Forces Analysis and also provides insights through Value Chain.
The Research Report
- The study gives a comprehensive overview of the India Fantasy Sports Market. Compare your performance with that of the entire market.
- Maintaining competitiveness is important, while innovation from key players will drive market growth.
What is included in the report?
- The India Fantasy Sports Market analysis covers qualitative factors such as drivers, restrictions and opportunities.
- This report covers the competitive environment and strategic product development plans of the current and future participants in India Fantasy Sports.
- This study analyses the market quantitatively and qualitatively according to component, application and vertical industry. The report also offers comparable data in the major regions.
- Actual market sizes and projections for each segment have been provided.
Who is the target audience for this report?
- This report is useful for all participants and stakeholders in the India Fantasy Sports industry. All market players in the India Fantasy Sports Industry will find this research useful.
- The managers in the India Fantasy Sports industry are interested in publishing current and projected data on the global India Fantasy Sports market.
- India Fantasy Sports market trends are attracting the attention of government agencies, regulatory bodies and decision-makers.
- Analysts, researchers, educators and strategy managers are all looking for market insights to help them develop their plans.
