With 44.6% CAGR, Fantasy Sports Market in India 2023-28 | Top Companies: Fantasy Power 11, Paytm First Games Pvt. Ltd., BalleBaazi

Published April 13, 2023

The latest research study "India Fantasy Sports Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the fantasy sports in India is expected to exhibit a growth rate (CAGR) of 44.6% during 2023-2028.

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Fantasy sports, also called rotisserie or roto, represent a type of game where users create virtual teams and participate in contests and leagues that emulate the real-world conditions of the sport. They usually include numerous games, such as basketball, cricket, golf, hockey, football, soccer, etc. Fantasy sports help the participants in improving their decision-making capabilities, increase their learning ability, offer deep insights into various sports games, etc. In line with this, they help in earning real money and rewards. Fantasy sports also benefit several stakeholders while generating direct and indirect employment opportunities. Consequently, they are gaining extensive traction across India.

India Fantasy Sports Market Trends and Drivers:

The growing digital gaming ecosystem, on account of the increasing internet penetration and affordable feature-equipped smartphones, is primarily driving the India fantasy sports market. Additionally, the inflating popularity of numerous YouTube channels, vlogs, newspaper columns, blogs, forums, TV shows, etc., where experts analyze performances and upcoming trends, is further catalyzing the market growth. Besides this, the widespread adoption of favorable court judgments sanctioning the skill element of fantasy sports is acting as another significant growth-inducing factor. Moreover, the introduction of innovative solutions by key market players to enable lower transaction failure rates and seamless payment experiences via safe and verified digital portals is propelling the market growth across the country. Apart from this, continuous technological advancements in the online gaming sector, such as the rising integration of analytics and blockchain, for providing more immersive experiences to users, are expected to fuel the India fantasy sports market over the forecasted period.

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India Fantasy Sports Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Dream Sports Group
  • Mobile Premier League (MPL) (Galactus Funware Technology Private Limited)
  • 11 Wickets.com (Ability Games Pvt. Ltd)
  • BalleBaazi
  • MyTeam11
  • MyFab11
  • Paytm First Games Pvt. Ltd.
  • Fantasy Power 11 and Head Digital Works Pvt Ltd.

The report has segmented the market on the basis of sports type, platform and demographics.

Breakup by Sports Type:

  • Cricket
  • Football
  • Others

Breakup by Platform:

  • Website
  • Mobile Application

Breakup by Demographics:

  • Under 25 Years
  • 25-40 Years
  • Above 40 Years

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter's Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.