Fantasy Sports Services
The Fantasy Sports Services industry is expanding quickly due to rising interest in fantasy sports, growth in the number of broadband and mobile connections, rising advertising expenditure and an increase in sports participation and viewership. Advertising and sponsorships on fantasy sports websites are one of the largest drivers of industry revenue. Internet ad spending has risen steadily as internet use increased, which has allowed industry revenue to convert rising website traffic into growing revenue. Additionally, the proliferation of daily fantasy sports, which enable users to compete against other players in daily contests for cash prizes, has garnered significant attention and helped bolster the number of fantasy sports participants. The industry is expected to continue to grow over the next five years. This growth, albeit slower, will be partially due to expansion among new types of fantasy sports leagues, such as auto racing.
This industry develops software and markets an online platform for multiplayer fantasy sports. Fantasy sports are games where participants act as general managers to build teams that compete against other fantasy owners based on the statistics generated by real individual players or professional teams. The most common variation converts statistical performance into points that are compiled and totaled according to a roster selected by a manager that makes up a fantasy team.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.