According to TechSci Research, 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.
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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 | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Sports Type
· Platform · Application · Gender |
| Country scope | China, India, Japan, South Korea, Australia |
| Key companies profiled | 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:
- Individual
- Team
- Asia-pacific Fantasy Sports Market, By Gender:
- Male
- Female
- 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.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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