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Fantasy Sports Business Analysis Report 2024-2030: Technological Advancements in AR and VR, & Rising Demand for Interactive and Engaging Fan Experiences Spurs Growth
The “Fantasy Sports – Global Strategic Business Report” report has been added to ResearchAndMarkets offering.
The global market for Fantasy Sports was estimated at US$24.2 Billion in 2023 and is projected to reach US$61.2 Billion by 2030, growing at a CAGR of 14.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the global fantasy sports market is driven by several key factors, including the rising number of sports enthusiasts, increasing smartphone penetration, and the emergence of new sports formats. One of the primary growth drivers is the expanding global sports fan base, with sports leagues like the NFL, NBA, and IPL attracting millions of followers across multiple regions.
Fantasy sports platforms capitalize on this fervor by allowing fans to engage with their favorite leagues in a more interactive manner. The ability to draft real-world players, make roster changes, and track player performances in real-time creates a sense of ownership and control that traditional sports viewership does not offer. This enhanced engagement is converting casual viewers into active participants, thereby expanding the fantasy sports market. Additionally, the increasing number of sports broadcasts and live streaming options is making it easier for fans to stay updated with player performances and match outcomes, further fueling the popularity of fantasy sports.
Another critical growth driver is the rising penetration of smartphones and mobile internet, which has made fantasy sports more accessible to a wider audience. Mobile apps have become the primary medium for fantasy sports participation, offering a seamless experience with real-time notifications, easy team management, and social features. The rise of daily and weekly fantasy sports formats has also contributed to market expansion, as these formats provide a faster and more flexible gaming experience compared to traditional season-long leagues.
Moreover, the growing popularity of new sports such as esports and mixed martial arts (MMA) is providing additional avenues for fantasy sports platforms to diversify their offerings and attract new user segments. Fantasy esports, in particular, is gaining momentum as it taps into the burgeoning gaming community, which shares a similar demographic with fantasy sports users. As technological advancements continue to enhance user experience and as the regulatory environment becomes more favorable, the global fantasy sports market is expected to witness sustained growth, driven by increased user engagement, diversified offerings, and broader market reach.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Application-based Platform segment, which is expected to reach US$49.5 Billion by 2030 with a CAGR of a 14.6%. The Web-based Platform segment is also set to grow at 12.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $6.4 Billion in 2023, and China, forecasted to grow at an impressive 13.3% CAGR to reach $9.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Fantasy Sports market such as Blitz Studios, Inc. (Sleeper), CBS SportsLine, Draft Kings, FanDuel Inc., Fantasy Sports Tech and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 175 |
Forecast Period | 2023 – 2030 |
Estimated Market Value (USD) in 2023 | $24.2 Billion |
Forecasted Market Value (USD) by 2030 | $61.2 Billion |
Compound Annual Growth Rate | 14.2% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Fantasy Sports – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Popularity of Digital Sports Engagement Drives Growth in Fantasy Sports Market
- Increasing Use of Mobile and Online Platforms Expands Addressable Market for Fantasy Sports
- Rising Demand for Interactive and Engaging Fan Experiences Spurs Growth in Fantasy Sports Market
- Increasing Focus on Social and Community-Based Gaming Drives Market Adoption
- Case Overview: Growth in Sports Betting and Gambling Legalization Bodes Well for Fantasy Sports Market Expansion
- Technological Advancements in Augmented Reality (AR) and Virtual Reality (VR) Propel Innovation in Fantasy Sports
- Case Overview: Growth in Women’s Participation and Representation Expands Market Scope for Fantasy Sports
- Rising Integration of Fantasy Sports with Social Media and Live Streaming Platforms Expands Market Opportunities
FOCUS ON SELECT PLAYERS:Some of the 34 companies featured in this Fantasy Sports market report include:
- Blitz Studios, Inc. (Sleeper)
- CBS SportsLine
- Draft Kings
- FanDuel Inc.
- Fantasy Sports Tech
- FantasyPros
- Fantrax
- First Pick Labs, Inc. (MyFantasyLeague)
- Flutter Entertainment plc
- low6 LTD
For more information about this report visit researchandmarkets webite.
The post Fantasy Sports Business Analysis Report 2024-2030: Technological Advancements in AR and VR, & Rising Demand for Interactive and Engaging Fan Experiences Spurs Growth appeared first on European Gaming Industry News.
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TCSJOHNHUXLEY Captivates at ICE Barcelona 2025 with a Showcase of Innovative Solutions
TCSJOHNHUXLEY, a global leader in live gaming products and solutions, was delighted with the successful outcome of its participation at the recent ICE Gaming Expo, held from January 20-22 at the Fira Gran Via in Barcelona. The company showcased a range of innovative products and technologies, captivating the attention of industry professionals and reaffirming its position as a leading force in the live gaming sector.
A key highlight of the event was the launch of the Supernova Progressive Jackpot System on the new Qorex 2 Electronic Gaming Terminals. This groundbreaking feature marks a significant advancement in the gaming industry, offering players the chance to win life-changing jackpots across both live and electronic tables. Qorex 2 itself, featuring enhanced multi-game functionality, customisable side bets, and a strong focus on player experience, proved a major draw, showcasing TCSJOHNHUXLEY’s commitment to delivering cutting-edge electronic gaming solutions.
Further enhancing the digital gaming experience, Roulette Xtra was introduced to the Qorex 2 platform, bringing the thrill of this popular live table game to the digital realm for the first time.
Demonstrating its commitment to innovation across its entire product portfolio, TCSJOHNHUXLEY unveiled Velocity, its latest automated Roulette wheel. Inspired by the success of its predecessor, Velocity sets a new industry standard for speed, enabling casinos to offer more games per hour, maximising table turnover and revenue. Powered by powerful brushless motors, it ensures continuous, reliable operation without the need for noisy air compressors. First showcased at G2E Las Vegas 2024, the Velocity Auto Wheel incorporates the user-friendly Wheelmate console, empowering casinos with effortless maintenance and peak performance.
TCSJOHNHUXLEY also showcased the next generation in chip handling technology with the introduction of Chipper Champ 3. Featuring an updated aesthetic and a space-saving design, the Chipper Champ 3 boasts a groundbreaking innovation with the ability to sort clay chips, a feature unmatched by any other chipper on the market. This revolutionary capability will significantly enhance efficiency and streamline casino operations. Intelligent chip recognition, intuitive software, and real-time performance data translate to faster processing, reduced errors, and enhanced productivity. The Chipper Champ 3 generated significant interest from attendees, demonstrating the strong demand for innovative solutions that enhance operational efficiency and player experience.
The new Blackjack Display captivated players with its real-time data and insights. Seamlessly integrated with TCSJOHNHUXLEY’s acclaimed Ora Luxe Winning Number Display, this innovative solution utilises advanced camera technology for automatic card recognition, eliminating the need for manual entry. By showcasing key game information, including dealer hand history, live dealer odds, and historical stats, this new dynamic Blackjack Display empowers both novice and experienced players to make more informed decisions and enhance their gameplay.
Furthermore, TCSJOHNHUXLEY showcased its unparalleled craftsmanship with a stunning display of custom Roulette Wheel Turrets, demonstrating the company’s ability to create truly unique and captivating gaming experiences.
“We are incredibly pleased with the response we received at ICE Barcelona,” says Tristan Sjöberg, TCSJOHNHUXLEY Executive Chairman. “The show provided a valuable platform to showcase our latest innovations and engage with industry leaders and the feedback we received on our new innovations was particularly encouraging. TCSJOHNHUXLEY looks forward to continuing to push the boundaries of gaming technology and delivering innovative solutions that enhance the player experience and drive success for our valued partners.”
The post TCSJOHNHUXLEY Captivates at ICE Barcelona 2025 with a Showcase of Innovative Solutions appeared first on European Gaming Industry News.
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ONE MONTH LEFT TO SUBMIT NOMINATIONS FOR SELECT CATEGORIES AT THE CASINO GURU AWARDS 2025
Time is running out! Casino Guru is reminding industry professionals and stakeholders that there is just one month left to submit nominations for select categories in the prestigious 3rd annual Casino Guru Awards 2025. As the deadline of February 28, 2025, approaches, we encourage all eligible participants to seize this final opportunity to be recognized for their contributions to the iGaming industry.
This year’s awards bring added prestige with the introduction of an exclusive live ceremony at the Hilton Hotel in St. Julian’s, Malta. As always, Casino Guru remains committed to honoring transparency, social responsibility, inovation and ethical leadership within the industry.
Categories with open nomination
Nominations remain open for a range of categories, including our two newest additions that emphasize public engagement and individual industry impact:
- Players’ Choice – This category gives players the power to vote for their favorite game provider from a handpicked shortlist, ensuring a winner truly selected by the public.
- iGaming Changemaker of the Year – Recognizing individuals who have demonstrated exceptional influence and leadership, driving positive change through innovative projects and initiatives.
The complete list of award categories includes:
- The Fairest Bonus Policy
- The Fairest General Terms & Conditions
- The Most Impactful Social Responsibility Initiative
- The Best Implementation of Responsible Gambling Tools
- The Most Transparent Casino
- The Most Effective Handling of Complaints
- The Most Ethical Approach to Marketing
- Players’ Choice
- iGaming Changemaker of the Year
- Voice of the People
A night of celebration in Malta
Following the nomination period, voting for the “Players’ Choice” and “Voice of the People” categories will open as shortlisted nominees move forward. The final awards ceremony on June 6, 2025, will be a night to remember, bringing together top industry professionals, esteemed judges, and media representatives at an invite-only gala at the Hilton Hotel, St. Julian’s, Malta. The evening will feature a three-course dinner, complimentary drinks, and a grand celebration at Level 22, a stylish wine lounge and club with stunning city views.
Submit your nomination today
With the deadline fast approaching, Casino Guru encourages all industry players to put forward their nominations before February 28, 2025. Don’t miss this opportunity to be recognized among the best in iGaming!
The post ONE MONTH LEFT TO SUBMIT NOMINATIONS FOR SELECT CATEGORIES AT THE CASINO GURU AWARDS 2025 appeared first on European Gaming Industry News.
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At Least $5M To Be Won In GGMasters 5th Anniversary Edition
GGPoker, the World’s Biggest Poker Room, today announces details of its upcoming GGMasters 5th Anniversary Edition, a $150 buy-in tournament running February 23 and boasting a guaranteed prize pool of $5M. The 5th Anniversary Edition is the highlight of an entire series celebrating the success of GGPoker’s signature freezeout events, with the festival running from February 9 through February 24.
In the five years since their introduction in 2020, the GGMasters freezeouts have become firm favorites of the GGPoker community; daily and weekly events with buy-ins starting from $25 and each featuring a juicy prize guarantee. Headlined by the weekly $150 GGMasters tournament, players appreciate the simplicity involved – each participant has one shot at winning the event and knows that once all their chips are gone, there are no rebuys available.
Players can satellite into GGMasters 5th Anniversary Series events or snag tickets via the $200K GGMasters Ticket Drop, which takes place throughout the series. Tickets will be randomly awarded to players participating in GGMasters 5th Anniversary Series events, with a total of $200K in tickets valued at $15, $25 and $150 awarded.
“The GGMasters 5th Anniversary Edition is all about taking that one shot at a mouth-watering prize pool,” said Sarne Lightman, Managing Director of GGPoker. “This unique single entry-only event is one of the highlights of our annual tournament schedule – buy in directly or win your way in and play for a share of at least $5M!”
Players can join the action by downloading the GGPoker app, creating their account and registering for their favorite tournaments or playing their favorite cash games. New players can also claim GGPoker’s Welcome Bonus and join the rewards-rich Fish Buffet loyalty program.
The post At Least $5M To Be Won In GGMasters 5th Anniversary Edition appeared first on European Gaming Industry News.
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