07 Apr 2021
Fantasy Sport is the online prediction games which allow players to make a virtual team of real sports players and earn points based on real life statistics that are converted into points. The points are based on team player performance i.e. better performance leads to higher the points. The player’s selected team will play against other managers and their teams which are managed through a roster by adding, dropping, trading and selling players to keep winning. The fantasy sports have helped in increased viewership of the sports events as the points are dependent on real life performance of the player. The team managers improves their decision making capability by considering multiple variable to the performance & increase the chances the winning in the friendly battle with other managers i.e. friends, family, colleagues, etc. The data analysis is used to predict the performance has played huge role in success of the fantasy sports. These games have also increased the individual’s interest for the sport as growing knowledge about rules & regulation makes it easy to understand. The technology such as mobile phone, play station, internet penetration, etc. implemented in sport industry has evolved the online gaming with increased live coverage or streaming of almost every event.
Increasing technology penetration such as smartphone, internet, etc. & growing investment in online gaming are anticipated to drive the growth of Global Fantasy Sports Market
Global Fantasy Sports market is valued at USD 20.69 Billion in 2020 and expected to reach USD 48.07 Billion by 2027 with a CAGR of 12.8% over the forecast period.
Dream Sports is India’s leading sports technology company established in 2008 and headquartered at Crystal Plz, Off Oshiwara Link Rd, Andheri (W), Mumbai, Maharashtra, 400053, India. Specialties in Sports Technology, Sports, Sports Fan Engagement, and Sports Investments. Dream Sports Fields Pvt Ltd had nearly 29 Employees and revenue of $5 Million.
Flutter Entertainment Plc established in 2019 and headquartered at Power Tower Belfield Office Park Beech Hill Rd, Dublin, 4, Ireland. Specialties in international sports betting and gaming brands; Paddy Power, Betfair, Sportsbet, FanDuel, TVG and Adjarabet. Fanduel (Flutter Entertainment) had nearly 9153 Employees and had revenue of $2 Billion.
Fantrax established in 2006 and headquartered at Yonge St Ste 200, Toronto, Ontario, M2M 4K2, Canada. Specialties in Fantasy Sports, Fantasy Leagues, League Manager, Commissioner Product, Sports News, and Sports Opinion. Fantrax had nearly 74 Employees and had revenue of $14 Million.
DraftKings is an American daily fantasy sports established in 2012 and headquartered at Berkeley St, Boston, Massachusetts, 02116, United States. Specialties in Fantasy Sports, Web Based Software Engineering, Gaming, sports betting, and analytics. DraftKings had nearly 2271 Employees and had revenue of $323 Million
The Walt Disney Company, commonly known as Disney established in 1923 and headquartered at 500 S Buena Vista St, T, Burbank, California, 91521, United States. Specialties in Entertainment, Technology, Media, Movies, Television, Consumer Products, Theme Parks, Resorts, Interactive Media, Publishing, Radio, Live Entertainment, Music, Stage Plays, Animation, Studios, Apparel, Apps, Gaming, and Toys. Walt Disney had nearly 203,000 Employees and had revenue of $65 Billion.
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