Asia-pacific fantasy sports market
is expected to grow at a significant rate during the forecast period on account
of increasing popularity of sports league in the region. Development of
e-commerce industry to increase the awareness regarding online payment and net
banking for easing convenience of consumers is fostering the market demand.
Rapid development of digital infrastructure and payments is fueling the market
for fantasy sports in Asia-pacific region. To test knowledge and skills of
sports enthusiasts are connecting with their favorite sports on fantasy sports.
Rising disposable income among the middle-class families is increasing
affordability for leisure activities. Due to decline in internet prices and
strong reach to even remote areas of Asia-pacific region are creating lucrative
opportunities for growth of fantasy sports market. Use of technology such as
play station, mobile phones in sports industry are aiding to increase the reach
of online gaming by providing with live streaming or coverage of almost all
sports related events. Due to rapid urbanization in the region in search of
quality living standards and better job opportunities awareness and interest
towards gaming events is on rise which is influencing the interested
authorities for high-end investments for sporting events.
Asia-pacific
fantasy sports market is segmented into sports type,
platform, application, gender, region, and company. Based on platform, market is further
bifurcated into website and mobile application. Mobile application segment is
expected to hold dominating position for the forecast period, 2023-2027.
Convenience and user-friendly interface of mobile application is contributing
significantly to the Asia-pacific fantasy sports market. Also, the partnerships
of fantasy sports platforms with sports league to increase the viewership of
sporting events is fueling the fantasy sports market in Asia-pacific for the
next five years.
The major players operating in the
Asia-pacific fantasy sports market are Dream11, Fantasy Pvt Ltd, DraftKings,
Inc., Fox Sports Corporation, ESPN Inc., PlayUP Ltd., Yahoo! Inc., PlayON, HalaPlay
Technologies Pvt. Ltd, DraftTeam Fantasy Sports, Fantasy Aces, among others. Major
companies are developing advanced technologies and launching new services to
stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market
size of Asia-pacific fantasy sports market from 2017 to 2020.
- To estimate and forecast the market size of Asia-pacific
fantasy sports market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Asia-pacific fantasy
sports market based on sports type, platform, application, gender, region,
and company.
- To identify dominant region or segment in the Asia-pacific
fantasy sports.
- To identify drivers and challenges for Asia-pacific
fantasy sports market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Asia-pacific
fantasy sports market.
- To identify and analyze the profile of leading
players operating in Asia-pacific fantasy sports market.
- To identify key sustainable strategies adopted
by market players in Asia-pacific fantasy sports market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers who
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Asia-pacific fantasy sports market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Fantasy sports manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums, and
alliances related to fantasy sports market.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 – 2020
|
|
Estimated Year
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2022
|
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022-2027
|
|
Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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|
Segments covered
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·
Sports Type
·
Platform
·
Application
·
Gender
|
|
Country scope
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China, India, Japan, South Korea, Australia
|
|
Key companies profiled
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Dream11, Fantasy Pvt Ltd, DraftKings, Inc., Fox Sports
Corporation, ESPN Inc., PlayUP Ltd., Yahoo! Inc., PlayON, HalaPlay
Technologies Pvt. Ltd, DraftTeam Fantasy Sports, Fantasy Aces.
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase
options
|
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, Asia-pacific fantasy
sports market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
·
Asia-pacific Fantasy Sports Market,
By Sports Type:
- Cricket
- Foot Ball
- Hockey
- Others
- Asia-pacific Fantasy Sports Market, By Platform:
- Website
- Mobile Application
- Asia-pacific Fantasy Sports Market, By Application:
- Asia-pacific Fantasy Sports Market, By Gender:
- Asia-pacific Fantasy Sports Market, By Region:
- India
- China
- Japan
- South Korea
- Australia
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Asia-pacific fantasy sports market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Asia-pacific fantasy sports market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]