Are you having a dream of making a platform for a fantasy sports game to play online leagues and earn money? Then you’re at the right spot. Because nowadays, the demand for fantasy sports mobile app development is booming in the fantasy sports industry.
Even from a business perspective, Kabaddi Fantasy App like Ballebaazi is an incredible and affluent start-up to invest in. The Pro Kabaddi League 2021 business model proves to be strong in terms of revenue. Additionally, ensures earnings through brand partnerships, contest sponsors, commercials, and entry fees.
Introduction to Fantasy Sports Application and Website
Fantasy Sports App is just an Android and iOS-based virtual gaming platform. Through this, the users can make their own teams by selecting the players whom they think will perform better on-field. In turn, users get rewards in terms of bonus and real cash prizes.
Fantasy sports have proven a ‘game of skills’ in India. Fantasy sports apps are just about passion, enthusiasm, fun, and expectations. The app allows users to play fantasy cricket, football, kabaddi, basketball, and many other games.
Fantasy Sports Market Trends and Stats
In the contemporary world, the market for fantasy sports is thriving rapidly around the globe. This business is about to break all the market records as it comes to drawing in sports enthusiasts and testing their insight and skills in sports.
Fantasy Market Growth in the USA
Well at first, fantasy sports was first introduced in 1952 in the USA.
There are more than 200+ operators (app/platform) to date.
21% of the total US population, 65% of male users in the USA are into Fantasy Sports.
In 2019 according to the Fantasy Sports Trade Association, 56.8 million people in the U.S. and Canada will be playing fantasy sports.
This is said to be a 37% rise from a year ago after increasing just 16% over the previous three years.
The Fantasy Sports Trade Association predicted that 32 million Americans spend $467 per person or about $15 billion in total gaming.
Fantasy Sports Market Growth and Trends in India
The prevalence of Fantasy sports mobile apps is spreading like wildfire in India. Furthermore, the popularity of Fantasy Sports App is predicted to rise in the upcoming years. As people are provided with high-speed internet services, it becomes more obvious to get hooked by the fever of fantasy sports.
Let us look at some stats to prove that-
The present analysis says that India has 7 million Kabaddi Fantasy App users. But this figure does not contain only cricket fans but also the kabaddi and football enthusiasts.
The growth rate keeps fluctuating between 30-50% every year. With this rate, it is assumed that India will reach up to 50 million Fantasy Sports App users in the upcoming three years.
In India, 2 out of 3 which mean 67% of the 18 crore online cricket fans are well known with the idea of fantasy sports.
Ballebaazi is the leader in the Fantasy sports market of India having 1.8 crore users.
- Popular Fantasy Sports Games that Synarion IT Offers:
- Sports Fantasy cricket app for Android & iPhone
- Fantasy Soccer app & web software
- Fantasy Kabaddi mobile app development
Conclusion
The Fantasy sports enterprise is gaining reputation with time. There are more and more people going toward the development of this fantasy sports app for diverse sports like Kabaddi, Soccer, etc. Hence, the market is quite up for the white label fable sports activities software builders.
If you’re trying to expand a delusion sports app platform to gain blessings of the big myth sports marketplace, team up collectively and create something first rate to make your concept right into a rewarding business app.