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Daily Fantasy Sports market size was USD 5,992.74 Million in 2017!

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As per Cognitive Market Research's latest published report, the Global Daily Fantasy Sports market size was USD 5,992.74 Million in 2017 and it is forecasted to reach USD 14,875.92 Million by 2029. Daily Fantasy Sports Industry's Compound Annual Growth Rate will be 8.95% from 2023 to 2030.The North America Daily Fantasy Sports market size will be USD 5,022.11 Million by 2029. Market Drivers For Daily Fantasy SportsGrowing adoption of smartphones coupled with rising internet connectivityOver the last few years, there is a rapid increase in smart device adoption and internet penetration. Smart devices offer flexibility to customers on a smartphone, laptop, desktop, or tablet. With these devices, users are simply able to access several daily fantasy sports apps and websites.According to a study, the number of unique mobile internet users in 2020 was 4.28 billion, and more than 90% of the worldwide internet population has access to the internet through a mobile device. Until March 2021, the internet penetration rate in Asia was at 62%, 88% in Europe, and 90% in North America.Similarly, according to the study, the current global smartphone user population is 6.648 billion, which indicates that 83.72 percent of the world’s population possesses a smartphone. This statistic has increased significantly from 2016, when there were just 3.668 billion users, accounting for 49.40 percent of the world’s population at the time.Furthermore, the usage of tablets, laptops, and desktops is also raising. According to the Australian Bureau of Statistics, desktop or laptop computers are used by 91% of connected households.As technology advances, various organizations are releasing numerous daily fantasy games that can play online. This enables several people to entertain themselves as well as to earn money. In this app or website, users can play a wide range of fantasy games, including cricket, hockey, football, basketball, and kabaddi. This promotes market expansion.According to data shared by Indian Super League (ISL) its fantasy football players hail from India, Nepal, Bangladesh, and the UK, with 86% of the traffic coming from mobile phones. As a result, the growing adoption of smart devices coupled with rising internet connectivity drives the growth of the daily fantasy sports market.Rising number of daily fantasy sports playersAs online gaming and associated activities gain traction, the online fantasy sports market is expected to see a considerable increase in income. The popularity of fantasy games has surged with the introduction of various applications and websites. Daily fantasy games, in particular, are gaining popularity, and many individuals are drawn to them. This increases the popularity of daily fantasy sports.Daily fantasy games are a popular type of online fantasy gaming in which users pay an entrance fee to compete for cash rewards based on the performance of professional athletes whom users choose and then track in their respective professional sports events.People are drawn to daily fantasy games for a variety of reasons. The primary reason for this is that players can win real money. According to data, one-third (34%) of urban Indians have played online fantasy sports for money in June 2021. There is real money on the line, and anybody has a chance to win. Some players even make a full-time career by joining competitions. It's difficult to say how much profit the top fantasy sports players make, but there's evidence that they might be earning at least $10,000 every week.As a result, many players want to participate in daily fantasy games. According to the Fantasy Sports and Gaming Association, approximately 59 million individuals in the United States and Canada participate in fantasy sports. It also claims that 20 million individuals in India play fantasy games, with the amount expected to rise to 150 million by 2022. According to the Fantasy Sports Trade Association, the number of fantasy sports participants has increased from 500,000 in 1988 to 59.3 million in 2017, with the business being worth $7.22 billion (FSTA).Similarly, key players are participating in a variety of measures to increase player numbers. For instance, to increase its appeal to women, Disney introduced a fantasy league game for ABC's "Bachelorette" show in 2017. More than 700,000 individuals have playe...

根据认知市场研究最新发布的报告,全球每日虚拟体育市场规模在2017年达到59.92亿美元,预计到2029年将增长至1487.59亿美元。从2023年至2030年,每日虚拟体育行业的复合年增长率预计将达到8.95%。到2029年,北美每日虚拟体育市场规模预计将达到50.22亿美元。每日虚拟体育市场增长动力包括: 智能手机的广泛采用与互联网连接性的提升:在过去几年中,智能设备的普及率和互联网渗透率迅速增长。智能设备为用户提供了在智能手机、笔记本电脑、台式电脑或平板电脑上的灵活性。借助这些设备,用户可以轻松访问多个每日虚拟体育应用程序和网站。根据一项研究,2020年全球独特移动互联网用户数量达到42.8亿,超过全球互联网人口的90%通过移动设备接入互联网。截至2021年3月,亚洲的互联网渗透率为62%,欧洲为88%,北美为90%。同样,根据该研究,当前全球智能手机用户数量为66.48亿,这表明世界上83.72%的人口拥有智能手机。这一数据与2016年相比有显著增长,当时用户数量仅为36.68亿,占当时全球人口的49.40%。此外,平板电脑、笔记本电脑和台式电脑的使用也在增加。据澳大利亚统计局统计,91%的联网家庭使用台式电脑或笔记本电脑。 技术的进步促使各种组织发布大量可在网上玩的每日虚拟游戏。这使得多人能够自娱自乐,并有机会赚钱。在这些应用程序或网站上,用户可以玩各种虚拟游戏,包括板球、曲棍球、足球、篮球和卡巴迪。这促进了市场的扩张。 根据印度超级联赛(ISL)分享的数据,其虚拟足球选手来自印度、尼泊尔、孟加拉国和英国,其中86%的流量来自移动设备。因此,智能设备的广泛采用与互联网连接性的提升推动了每日虚拟体育市场的增长。 每日虚拟体育选手数量的增加:随着在线游戏及其相关活动的兴起,在线虚拟体育市场预计将看到收入的显著增长。虚拟游戏的普及随着各种应用程序和网站的推出而激增。特别是每日虚拟游戏越来越受欢迎,吸引了众多个人。 每日虚拟游戏是一种流行的在线虚拟游戏类型,用户支付参赛费,根据所选并跟踪的专业运动员在各自专业体育赛事中的表现来争夺现金奖励。人们被每日虚拟游戏吸引的原因多种多样,最主要的原因是玩家可以赢得真实货币。据数据显示,2021年6月,三分之一的(34%)城市印度人为了金钱而在线玩虚拟体育。这里有真实金钱的赌注,任何人都有机会获胜。一些玩家甚至通过参加比赛将此作为全职职业。顶级虚拟体育选手的利润难以估量,但有证据表明,他们每周可能至少赚取10,000美元。因此,许多玩家希望参与每日虚拟游戏。根据虚拟体育和游戏协会的数据,美国和加拿大大约有5900万人参与虚拟体育。该协会还声称,印度有2000万人玩虚拟游戏,预计到2022年将达到1.5亿。根据虚拟体育贸易协会的数据,虚拟体育参与者的数量从1988年的50万增加到了2017年的5930万,该行业价值72.2亿美元(FSTA)。同样,主要参与者正在采取各种措施来增加玩家数量。例如,为了吸引女性,迪士尼在2017年推出了ABC电视台《单身女子》节目的虚拟联赛游戏。超过70万人参与了游戏。
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