Sport
Fantasy Sports Market to be Worth $56.36 Billion by 2030: Grand View Research, Inc.
Fantasy sports operators are looking for opportunities to enhance their relationships and contribution to the sporting industry. Establishing digital footprints help the operator to create future-ready jobs in artificial intelligence, machine learning, and analytics, which allows them to contribute to the expansion of the sporting industry. Operators are also providing extensive funding for sports infrastructure, supporting the adoption of regional sports, and increasing the viewership of regional sports leagues and tournaments.
This enormous growth in the market has generated curiosity and interest among the media, resulting in various YouTube channels, vlogs, TV shows, newspaper columns, blogs, and forums on which experts analyze player and team performance and predict upcoming trends. Key players are acquiring enormous market shares and a higher user base. The industry also provides opportunities for newer companies to grow in the market owing to its vast potential.
North America is the highest revenue contributor for fantasy sports operators due to the availability of the latest technologies such as blockchain and artificial intelligence, which provide a more immersive experience and drives popularity in the region. Asia Pacific is witnessing exponential market growth due to the spike in the user base in economies such as India . The country is one of the key emerging markets, as the craze for cricket and football, along with various leagues such as IPL, ISL, and others, provide a helping hand to the expansion of the market in India as well as the region.
Grand View Research has segmented the global fantasy sports market based on sports, sports type, platform, gameplay, device, demographic, and region
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
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