Fantasy Sports Market in North America 2015-2019
About Fantasy Sports
Fantasy sports comprises games where participants build imaginary teams with real players of their choice and compete against similar teams. The winners are decided based on the statistics of the real players. Fantasy sports is also known as roto or owner simulation. The winners get cash prizes or gift cards or coupons. Various fantasy sports such as fantasy football, fantasy cricket, fantasy baseball, fantasy hockey, fantasy golf are played globally. Technavio's analysts forecast the fantasy sports market to grow at a CAGR of 7.3% during the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the fantasy sports market in North America for the period 2015-2019. To calculate the market size, the report considers revenue generated from league fees paid by end-users to participate in fantasy sports events.
Technavio's report, Fantasy Sports Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America; it also covers the fantasy sports market landscape in North America and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Fantasy Sports Market in North America 2015-2019
Technavio recognizes the following companies as the key players in the fantasy sports market in North America: CBS, DraftKings, ESPN, FanDuel and Yahoo
Other Prominent Vendors in the market are: Ballr, Bovada, DraftDay, DraftTeam Fantasy Sports, Fantasy Aces, Fantasy Fued, Fantrax, MGT Capital Investments and Victiv
Commenting on the report, an analyst from Technavio’s team said: “Daily fantasy sports is a niche segment in the fantasy sports market in North America. In traditional fantasy sports, the team owners need to play with the same set of players throughout the season. However, daily fantasy sports games allow participants to change their players and play multiple games on a daily basis. Draftkings, FanDuel, DraftDay, and Victive are some of the websites offering daily fantasy sports to end-users. It is expected that the emergence of advanced versions of fantasy sports will propel market growth in the future.”
According to the report, increased internet penetration in the region has created a congenial environment for gamers to engage in a variety of fantasy sports. Most of the region has high-speed internet connections, which is very helpful for gamers who want to track statistics and information about players on a frequent basis. In addition, easy access to the internet through smartphones enables participants to play online games irrespective of location and time. All these factors are collectively increasing the spread of fantasy sports among the population in North America.
Further, the report states that the lack of industry codes is affecting the acceptance of fantasy sports among potential end-users and many social workgroups are raising voice over the ethical concerns of fantasy sports.
CBS, DraftKings, ESPN, FanDuel, Yahoo, Ballr, Bovada, DraftDay, DraftTeam Fantasy Sports, Fantasy Aces, Fantasy Fued, Fantrax, MGT Capital Investments, Victiv
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