Blockchain Technology and Cryptocurrencies in Fantasy Sports gaining momentum

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Dublin, 13 December 2018 (GLOBE NEWSWIRE) – The report "Global Fantasy Sports Market 2018-2022" has been added to ResearchAndMarkets.com of offer.

The global turnover of the e-sports market is expected to reach S1,700.06 million by 2022, with a CAGR growing 27.57% during the forecast period.

With the growing popularity of video games and e-sports, the number of e-sport events worldwide has increased. Even live streaming of gaming tournaments on portals like YouTube and Twitch.tv is constantly evolving. As the popularity and live streaming of e-sports is growing, an increase in demand for e-sport fantasy leagues is also expected. This is because fans can create their own Fantasy League teams based on these live games. Therefore, the growing popularity of e-sports will determine the growth of the fantastic sports market.

Market overview

High penetration of the Internet and growing smartphone adoption

The high penetration of the Internet, especially in APAC, is likely to drive the market during the forecast period. Combining this with the growing emergence of smartphones at affordable prices, the number of players participating in fantasy sports has increased exponentially. The rise of the sports game helps fans engage even more with fantastic sports such as fantasy soccer, fantasy baseball, fantasy football and fantasy basketball.

Increased traction of mobile video games and traditional e-sports

The growth rate of e-sports is faster than fancy sports as they offer a wide range of activities or sources of entertainment. The high traction of mobile video games and traditional e-sports is a challenge for the market. This is because it has a direct impact on fan fantasy sports.

Competitive panorama

The fantasy sports market seems to be fragmented due to the existence of several regional and international fantasy sports app companies. Most science fiction companies focus on developing innovative platforms that combine the potential of blockchain technology and fantasy apps. The growing popularity of e-sports and the high penetration of the Internet are the main factors for market growth.

Some of the best companies in the fantasy sports market are CBS Sports, DraftKings, Paddy Power Betfair, The Walt Disney Company and Verizon.

With the presence of a considerable number of companies, this market seems to be fragmented. This market research report will help customers identify new growth opportunities. Companies in the fantastic sports market are focusing on reaping the benefits of the growing popularity of e-sports around the world.

Main topics covered:

PART 01: DELEGATED SUMMARY

PART 02: FIELD OF APPLICATION OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Analysis of market segmentation

PART 05: MARKET DIMENSION

  • Definition of the market
  • Sizing of the 2017 market
  • Market size and forecasts 2017-2022

PART 06: ANALYSIS OF THE FIVE FORCES

  • Bargaining power of buyers
  • Contractual power of suppliers
  • Threat of newcomers
  • Threat of substitutes
  • Threat of rivalry
  • Market conditions

PART 07: MARKET SEGMENTATION BY TYPE

  • Segmentation by type
  • Comparison by type
  • Fantasy soccer – Market size and forecasts 2017-2022
  • Fantasy baseball – Market size and forecasts 2017-2022
  • Fantasy football – Market size and forecasts 2017-2022
  • Basketball Fantasy – Market size and forecasts 2017-2022
  • Other sports – Market size and forecasts 2017-2022
  • Market opportunities by type

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecasts 2017-2022
  • EMEA – Market size and forecasts 2017-2022
  • APAC – Market size and forecasts 2017-2022
  • Market opportunities

PART 10: DECISION FRAMEWORK

PART 11: PILOTS AND CHALLENGES

  • Driver of the market
  • Market challenges

PART 12: MARKET TRENDS

  • Use of fantastic sports for brand promotion
  • Popularity of e-sports
  • Blockchain technology and cryptocurrencies in fantasy sports
  • Increased demand from Apac and Latin America

PART 13: SELLER LANDSCAPE

  • Overview
  • Interruption of the landscape
  • Competitive panorama

PART 14: SELLER ANALYSIS

  • Covered sellers
  • Seller classification
  • Placement on the sellers market
  • CBS Sports
  • DraftKings
  • Paddy Power Betfair
  • The Walt Disney Company
  • Verizon

PART 15: APPENDIX

For more information on this report, visit https://www.researchandmarkets.com/research/3v3k3f/global_fantasy?w=12

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