Fantasy Sports Market to Grow by USD 10.13 Billion (2025-2029) as New Fantasy Sports Apps Drive Demand, Report with the AI Impact on Market Trends - Technavio
NEW YORK, Jan. 30, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global fantasy sports market size is estimated to grow by USD 10.13 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 7.1% during the forecast period. Launch of various apps for fantasy sports is driving market growth, with a trend towards use of fantasy sports for brand promotion. However, uncertain future of fantasy sports and ill effects of gaming on health poses a challenge. Key market players include Dream Sports, FantasyPros.com, Fantrax, Flutter Entertainment Plc, Fox Corp., GamesKraft Technologies Pvt. Ltd., GDC Media Ltd., Head Digital Works Pvt. Ltd., i3 Interactive Inc., MyTeam11, NFL Enterprises LLC, Paramount Global, Playerzpot Media Pvt Ltd, Premier League Ltd., RealTime Fantasy Sports Inc., Sachar Gaming Pvt. Ltd., Sorare, and Yahoo.
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Fantasy Sports Market Scope
Report Coverage
Details
Base year 2024
Historic period
2019 - 2023
Forecast period
2025-2029
Growth momentum & CAGR Accelerate at a CAGR of 7.1%
Market growth 2025-2029
USD 10132.9 million
Market structure
Fragmented
YoY growth 2022-2023 (%) 6.1
Regional analysis
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution North America at 35%
Key countries
US, China, UK, Canada, Germany, Mexico, France, India, Brazil, and Japan
Key companies profiled Dream Sports, FantasyPros.com, Fantrax, Flutter Entertainment Plc, Fox Corp., GamesKraft Technologies Pvt. Ltd., GDC Media Ltd., Head Digital
Works Pvt. Ltd., i3 Interactive Inc., MyTeam11, NFL Enterprises LLC, Paramount Global, Playerzpot Media Pvt Ltd, Premier League Ltd.,
RealTime Fantasy Sports Inc., Sachar Gaming Pvt. Ltd., Sorare, and Yahoo
The Fantasy Sports Market is experiencing significant growth, with popular sports leagues and tournaments like the NFL, Premier League, IPL, and more driving fan engagement. Fantasy sports platforms are thriving in the online gaming sector, utilizing high-speed internet for seamless gameplay and user interfaces. ESports and virtual reality (VR)/augmented reality (AR) games are also trending. Daily fantasy contests, virtual trading, and NFT-based games like Reignmakers are revolutionizing the industry. The mobile application sector dominates, with secure payment methods and blockchain-based apps ensuring safety. Freemium models, in-app purchases, advertising, and premium subscriptions generate revenue. Sports like football, baseball, basketball, hockey, cricket, badminton, soccer, FIFA, and even rugby and volleyball are represented. The Online gaming business continues to expand, fueled by increasing internet penetration and sports tech innovation. Software engineers, data scientists, and cyber security professionals are essential for development and maintenance. Despite illegal sports betting and online gambling concerns, the market continues to grow, with one-time payments, mobile applications, and subscription services driving user acquisition. Sponsorships and in-app advertisements provide additional revenue streams. Internet and mobile devices are essential for access, with pay-per-download and subscription services offering flexibility. Sensor Tower reports continued growth in the market, highlighting its potential for continued expansion.
Many leading brands have adopted fantasy sports as a marketing strategy. Unilever's Dove Men+Care launched a fantasy football hub, offering exclusive football advice from ESPN analysts to consumers. Toyota sponsored Yahoo's fantasy football league recaps, securing advertising space. Hilton introduced a free-entry fantasy racing contest for honors club members. These global brands utilize fantasy sports to target high-income customers aged 25 to 50, expanding their market reach.
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-- The Fantasy Sports Market is a thriving industry that allows fans to
engage with their favorite sports leagues and tournaments in new and
exciting ways. NFL, Premier League, IPL, and other major sports have
seen in fan engagement through daily fantasy contests on platforms like
Fantasy Football, FIFA, and Reignmakers. High-speed internet and mobile
applications have made online gaming, including eSports and fantasy
sports, more accessible than ever. Gameplay and user interfaces are key
focus areas for these platforms, offering social interaction and virtual
trading in football, baseball, basketball, hockey, cricket, and other
sports. The market includes NFT-based games, secure payment methods, and
blockchain-based apps. However, it's important to note the distinction
between legal fantasy sports and online gambling, including sports
betting. The sector is expected to grow in the mobile application
sector, with virtual reality (VR) and augmented reality (AR) also
gaining traction. The online gaming business relies on freemium models,
in-app purchases, advertising, and premium subscriptions. The market
requires a skilled workforce, including software engineers, data
scientists, and cyber security professionals. Internet penetration and
sports tech drive viewership, leading to sponsorships and increased
revenue streams. Online sports gambling and mobile devices offer new
opportunities, but also present challenges related to illegal betting
and cyber security.
-- The global fantasy sports market exhibits continuous growth and
evolution, with companies like FanDuel and DraftKings significantly
increasing their revenues. However, concerns regarding the potential for
illegal gambling and associated risks, such as gaming addiction, have
emerged. This addiction can lead to physical inactivity, causing health
issues like carpal tunnel syndrome, headaches, migraines, sleep
disturbances, and chronic back pain. Prolonged gaming hours also
contribute to unhealthy eating patterns, contributing to childhood
obesity. The rise of childhood obesity can be attributed to factors
including sedentary lifestyles, unhealthy diets, and genetic
predispositions. Companies in the fantasy sports industry must
prioritize user health and well-being to mitigate these risks and
maintain a responsible business model.
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This fantasy sports market report extensively covers market segmentation by
1. Product
-- 1.1 Fantasy soccer
-- 1.2 Fantasy baseball
-- 1.3 Fantasy basketball
-- 1.4 Fantasy football
-- 1.5 Others
2. Platform
-- 2.1 Mobile application
-- 2.2 Website
3. Geography
-- 3.1 North America
-- 3.2 Europe
-- 3.3 APAC
-- 3.4 South America
-- 3.5 Middle East and Africa
1.1 Fantasy soccer- Fantasy soccer is a popular game where participants build teams of real-life soccer players and earn points based on their actual on-field statistics. This game involves selecting eleven players for four distinct positions. Soccer's global appeal fuels the growth of the fantasy soccer market. Notable leagues include Draft Fantasy Football, McDonald FIFA World Cup Fantasy, Fantasy Premier League, and UEFA Champions League Fantasy Football. The market's expansion is anticipated to increase during the forecast period due to benefits such as unlimited transfers before the season, capped transfers during, and player performance-based transfer fees. Additionally, the increasing viewership on various media platforms, like the internet and mobile, is expected to boost the segment's growth in the global fantasy sports market.
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The Fantasy Sports Market continues to thrive, with millions of fans worldwide engaging in virtual team management for various sports leagues and tournaments. NFL, Premier League, IPL, and other popular leagues attract massive followings on fantasy sports platforms. High-speed internet and smartphones have made online gaming more accessible than ever. Secure payment methods ensure safe transactions, while blockchain-based apps offer transparency and trust. Fantasy chatbots provide real-time updates and analysis, enhancing the fan experience. However, the industry faces challenges, including illegal sports betting and regulatory issues. Sports Tech companies employ software engineers and data scientists to develop innovative solutions. Baseball, Cricket, Football (rugby), and Volleyball are among the popular sports represented in the market. Internet penetration continues to expand, opening new opportunities for growth in the Online gaming business.
Fantasy sports markets continue, fueled by the popularity of sports leagues and tournaments across the NFL, Premier League, IPL, and more. Fantasy sports platforms provide fan engagement through high-speed internet, online gaming, and virtual trading in football, baseball, basketball, hockey, cricket, and more. ESports, gameplay, user interfaces, social interaction, and daily fantasy contests add to the excitement. The mobile application sector, including mobile gaming apps and virtual reality (VR) and augmented reality (AR) experiences, is driving growth. Secure payment methods, blockchain-based apps, and fantasy chatbots offer convenience. However, illegal sports betting and online gambling pose challenges. Reignmakers and NFT-based games, such as Fantasy Football and soccer, are emerging trends. The online gaming business thrives on internet penetration, sports tech, and the work of software engineers, data scientists, and cyber security professionals. Advertising, premium subscriptions, in-app purchases, and sponsorships generate revenue. Badminton, football (rugby), volleyball, and other sports also have their dedicated fan bases. The future of fantasy sports lies in the intersection of technology and sports, with the potential for pay-per-download, subscription services, in-app advertisements, and sensor tower data analysis.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
-- Product
-- Fantasy Soccer
-- Fantasy Baseball
-- Fantasy Basketball
-- Fantasy Football
-- Others
-- Platform
-- Mobile Application
-- Website
-- Geography
-- North America
-- Europe
-- APAC
-- South America
-- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
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