Connect with us

Latest News

Fantasy Sports Business Analysis Report 2024-2030: Technological Advancements in AR and VR, & Rising Demand for Interactive and Engaging Fan Experiences Spurs Growth

Published

on

Reading Time: 3 minutes

 

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.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

FairPlay Sports Media and FOX Sports Digital Launch New Betting Hub

Published

on

FairPlay’s betting technology and AI-powered predictive content drive deeper fan engagement and deliver media opportunities and revenue

FOX Sports Digital and FairPlay Sports Media, the fan-focused and AI-powered global sports media network, have announced a strategic betting tech, affiliate and sports media agreement.

Under the multi-year agreement, FairPlay will serve as the exclusive sports betting affiliate technology provider of FOX Sports Digital, deploying its market-leading odds components, advanced AI-powered predictive data and analytics, and cutting-edge technology solutions on FOXSports.com and the FOX Sports mobile application.

The new relationship powers the newly released FOX Sports Betting Hub which integrates FairPlay’s innovative sports betting-related content enhanced with bespoke, value-added experiences derived from FairPlay’s deep relationships with global sportsbook operators.

“FOX Sports is one of the largest sports rights holders in the world, with incredible access to live games and global events,” said Stuart Simms, Group CEO of FairPlay Sports Media. “FairPlay is excited to work with the FOX Sports Digital team, and we’re honored to serve their millions of users with more engaging, insightful sports media experiences that have proven to drive loyalty, engagement and deliver on brand differentiation.”

FairPlay’s advanced AI technology and robust odds components are already delivering real-time, data-driven insights to help FOX Sports fans and bettors, while monetization frameworks being deployed create revenue opportunities for operators, sportsbooks and digital media buyers.

The agreement enhances and elevates fan engagement by bringing FairPlay’s betting information technology and AI-powered tools to FOX Sports’ digital platforms. FairPlay’s approach enables FOX Sports digital users and fans to access personalized, data-driven betting analytics that deepen their connection and engagement with sports content. As the sports media and betting landscapes continue to evolve, the FOX Sports and FairPlay agreement delivers pioneering, scalable digital experiences for fans and operators alike.

 

The post FairPlay Sports Media and FOX Sports Digital Launch New Betting Hub appeared first on Gaming and Gambling Industry Newsroom.

Continue Reading

Latest News

Betfred Launches Checkd Dev’s Automated Betting System to Strengthen Football Betting Offering

Published

on

Checkd Dev, part of the award-winning Checkd Group and a leading iGaming technology provider, has signed a multi-year agreement to supply its Automated Betting System (ABS) to UK bookmaker Betfred, introducing new levels of efficiency and engagement to pre-match football accumulator betting.

Through the partnership, Betfred has launched a suite of pre-configured, one-click accumulator bets, powered by Checkd Dev’s ABS technology and seamlessly integrated with Betfred’s proprietary pricing.

The solution enhances the customer betting journey while equipping Betfred’s trading team with a robust backend platform to streamline bet creation, management, and settlement. Customers benefit from football bets that are dynamically assigned probabilities based on historic form, providing greater insight and confidence in their selections.

The launch of ABS reinforces Betfred’s reputation as an industry innovator, offering customers smarter, faster, and more engaging betting experiences.

Checkd Dev has refined its ABS user interface through deployments with multiple tier-one operators. Betfred has further strengthened the proposition by integrating its competitive Acca Flex bonus offer, available from launch. Customers can access additional bonuses if their bet wins, while also benefiting from a money-back guarantee if a single leg loses.

Since its introduction two years ago, Checkd Dev’s ABS has evolved from a statistics-driven tool to increase operator conversion rates into a comprehensive system designed to meet the growing demand for automated, pre-configured betting products, powered by the company’s proprietary BRUNO platform.

This agreement extends Checkd Dev’s recent growth trajectory, following high-profile partnerships with William Hill on a fully automated, stats-powered Bet Builder, and a three-year deal with OpenBet to launch a new Trending BetBuilder to market.

Andrew Grimshaw, Commercial Director at Checkd Dev, commented: “We are delighted to be working with fellow Mancunians Betfred on our Trending Bets product. More and more major bookmakers are recognising the tangible value of our automated betting solutions, and it is especially gratifying to collaborate with a local partner on this launch.”

Mark Hartley, Head of Product at Betfred, added: “Since moving onto our propriety platform, we’ve been able to bring new ideas to market much faster. This partnership with Checkd Dev is a great example, helping us solve a simple problem for football fans: researching and building an accumulator can sometimes feel like hard work!

“With one-click, data-driven selections we’ve made the process quicker and easier, while still giving customers the choice and depth they want. Accas are already one of our most compelling propositions, thanks to our popular promotion Acca Flex, and this launch makes them even more engaging. We’re also looking forward to exploring further opportunities to work with Checkd Dev in the future.”

 

The post Betfred Launches Checkd Dev’s Automated Betting System to Strengthen Football Betting Offering appeared first on Gaming and Gambling Industry Newsroom.

Continue Reading

Latest News

Slotland’s Crown Jewel, Gods of Egypt, Resurrects with Enhanced Features

Published

on

Legendary Title Reborn for a New Generation of Fortune Seekers with Freebies and Bonuses until December 28th

Slotland Entertainment has ceremoniously relaunched its legendary title, Gods of Egypt, across its casinos Slotland, Winaday and now including CryptoSlots and CryptoWins. This revered 5×4, 30-payline slot invites players into a grand temple of mythic wealth.

Wager $1.50 to $30 to awaken divine features: Ra’s Sticky Expanding Wilds, Bastet’s gem-triggered Free Spins, and a Pick Me Bonus with layered treasures. For those betting $15 or more, five Pharaoh symbols unlock the progressive jackpot.

Gods of Egypt has always been a crown jewel in our collection,” said Michael Hilary, Manager at Slotland. “This relaunch across our entire empire allows a new generation of players to experience its timeless magic and seek its legendary rewards.”

Framed by the regal visages of Anubis and a jeweled queen, the game creates a ceremonial atmosphere of arcade spectacle. It is a call to modern seekers: enter and claim your ancient riches.

WINADAY CASINO: Available December 19 – 28, 2025

Up to $111 FREEBIE chip

  • For platinum VIPs, $88 for Gold VIPs, $55 for Silver VIPs, $44 for Bronze VIPs, $20 for ALL
  • Redeem: 1x, wager: 29x, max cashout 5x, depositing players only
  • Bonus Code: FREEBIE2025

Up to 155% NEW GAME BONUS

  • For VIPs, 100% for ALL
  • On deposits on $10 – $250
  • Redeem: 2x per day, wager: 29x, valid: Gods of Egypt
  • Bonus code: NEWSLOT

 

CRYPTOSLOTS: Available December 17 – 25, 2025

123% VIP TREASURE MATCH

  • On deposits $50-500
  • Redeem: 1x per day, wager: 35x, valid: Gods of Egypt
  • Bonus code: VIPNEW

77$ DESERT GOLD MATCH

  • On deposits 200 – $400, 65% on $100 – $199, 50% on $10 – $99
  • Redeem: 2x per day, wager: 35x, valid: Gods of Egypt
  • Bonus code: NEWIN

 

The post Slotland’s Crown Jewel, Gods of Egypt, Resurrects with Enhanced Features appeared first on Gaming and Gambling Industry Newsroom.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.