Fantasy Sports Services in the US - Industry Market Research Report

Fantasy Sports Services in the US - Industry Market Research Report

  • June 2020 •
  • 38 pages •
  • Report ID: 5103555 •
  • Format: PDF
Winning streak: New types of fantasy leagues will likely support revenue growth

Abstract

Fantasy Sports Services
New products offerings, coupled with increased access to services, has led the Fantasy Sports Services industry to rapidly expand over the five years to 2018. Industry operators provide a variety of fantasy sports game-types to consumers including daily, weekly and season-long fantasy contests. A large reason for the industry’s rapid growth was the increased ease with which consumers could access fantasy sports products from their phones and other internet-connected devices, as well as aggressive advertising by industry operators during the period. As a result, industry revenue has increased during the current period. Over the five years to 2023, industry revenue is expected to continue increasing, albeit at a slower rate. This anticipated growth can be attributed to expansion among new types of fantasy sports leagues and an increasing female demographic for the industry.

This industry develops software and markets an online platform for multiplayer fantasy sports. Fantasy sports are games where participants act as general managers to build teams that compete with other fantasy owners based on the statistics generated by real individual players or professional teams. The most common variation converts statistical performance into points that are compiled and totaled according to a roster selected by a manager that makes up a fantasy team.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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