The US Fantasy Sports Market: A Spectacular Growth Narrative

CHICAGO, March 6, 2024 - Arizton is proud to release its latest comprehensive spotlight report focused on the burgeoning markets of US and European fantasy sports.

US Market: A Surge in Fantasy Sports Revenue

Arizton's new study unveils a promising forecast for the US fantasy sports market, anticipating revenues to double by the year 2029. Key contributors to this exponential growth are the well-padded national enthusiasm for professional sports like the NFL and MLB, pulling in droves of fans eager to extend their sports enjoyment beyond the stadiums. According to the Fantasy Sports Trade Association, top picks like basketball, football, baseball, ice hockey, and soccer are leading the pack in the American fantasy sports arena.

Evidently, the US leads as the giant in this cutting-edge business model for fantasy sports, with trailblazing initiatives that other global markets look up to. The cohesive presence of major brands such as FanDuel, DraftKings, ESPN, Yahoo, and CBS within US borders significantly boosts the market. The North American growth trajectory in the fantasy sports sphere is underpinned by this vibrant mingling of elite market players.

To add to the dynamism, the Fantasy Sports & Gaming Association is the singular body championing the interests of fantasy sports providers catering to this region.

Discover the breadth of the US fantasy sports market insights by visiting US fantasy sports market report.

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In a forward-looking move in 2023, ESPN, a market powerhouse, joined forces with IBM. The renowned tech giant IBM is set to introduce cutting-edge AI capabilities through its watsonx to ESPN Fantasy Football. New features such as personalized player ratings, Waiver and Trade Grades, will redefine user interaction by providing tailored recommendations and performance forecasts. Such value-added services position ESPN's Fantasy Football app as a premium digital sports hub.

Industry Key Players Spotlight

A roster of key vendors includes:

DraftKings
FanDuel
Yahoo
ESPN
Paramount
Boom Fantasy
FantasyDraft
Fantrax
NFL (National Football League)
Sleeper
RealTime Fantasy Sports
SportsHub Games Network
Fleaflicker
The Huddle
MyFantasyLeague

Embark on acquiring a detailed version of this research at US fantasy sports market insights.

Vital queries addressed in the report:

What will the US fantasy sports market be valued at by 2028?
What is the anticipated growth rate of the US fantasy sports market?
Who are the major participants in the US fantasy sports market?
What are the driving forces behind the US market growth?

Emerging Opportunities in the European Fantasy Sports Market

The European fantasy sports market is set to skyrocket, with forecasts pinning its worth at $2.1 billion come 2028. A diverse medley of sports, including soccer, basketball, and cricket, has seen enthusiastic European fans flock to fantasy sports platforms.

A mosaic of sports leagues across Europe underpins robust engagement on fantasy platforms as fans curate their ultimate teams and partake in friendly competition. The surge in market size is upheld by continuous technological advancements that ease participation through apps and websites. European countries are acting swiftly, shaping regulations that advocate fair play and consumer protection, highlighting the necessity for operational transparency in the fantasy sports arena.

In a quest to elevate user experience, the infusion of Augmented Reality (AR) and Virtual Reality (VR) technologies is set to redefine the European fantasy sports narrative, ensuring an immersive journey for all stakeholders.

Gain more nuanced insights by downloading the free sample report at Europe fantasy sports market forecast.

Scout Gaming Group, in August 2022, heralded the launch of its fantasy sports product in collaboration with bet365. The broad spectrum coverage includes various sports such as football, hockey, tennis, cricket, basketball, baseball, and American Football, serving 120+ markets worldwide.

European Market Insights

Questions resolved in this part of the report:

How expansive is the European fantasy sports market?
Which fantasy sports category garners the most attention in Europe?
What regions top the leaderboards in the European fantasy sports market?
Canvassing the key players shaping the European market landscape?

Talking Points for the European Market:

Flutter Entertainment
DraftKings
Yahoo
ESPN
Fantrax
PlayOn
FantasyBet
RealFevr
NFL Enterprises
InPlay Labs
Betmate
Sorare
Superbru
Scout Gaming Group
Scorrd
Scorito
Goal.com
Bovada
Sportito
Tenner
Rotowire
The Tote
Fleaflicker
Fantaking Interactive
European League of Football

US & European Fantasy Sports Market Stratification

Sports (Revenue): Exploring trends in Fantasy Soccer, Football, Basketball, Hockey, Cricket, Golf, and more.
Gender (Revenue): Male vs. Female market penetration.
Platform (Revenue): Usage trends between Applications and Websites.

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About Focused Reports by Arizton

Focused Reports, a pre-eminent division of Arizton Advisory & Intelligence, stands tall as a purveyor of razor-sharp and actionable market research reports across a spectrum of industries. We pride ourselves in affordability, precision, and ready-to-use presentations of market data. Dive into a world of strategic insights where there is no room for prohibitively expensive research.

About Arizton Advisory and Intelligence

The Arizton team is a powerhouse of spirited analysts committed to generating unparalleled market research. Thorough training and a staunch adherence to advanced research practices empower us to deliver top-tier intelligence reports.

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This informative piece is prepared and disseminated by Arizton Advisory & Intelligence for those who seek to stay ahead of the curve in fantasy sports markets.

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