The Fantasy Sports Market report segments the industry into By Type (Football, Baseball, Cricket, Basketball, Car Racing, Other Types), By Platform (Website, Mobile Application), By Demographics (Under 25 Years, Between 25 and 40 Years, Above 40 Years), By Application (Individual Competition, Team Competition), and By Geography (North America, Europe, Asia, Australia and New Zealand, Latin America, Middle East and Africa).

Global Fantasy Sports market size is expected to reach $58.5 billion by 2029 at 14.5%, segmented as by sports type, football, baseball, basket ball, hockey, cricket, other types

The Market Research Report Covers Fantasy Sports Companies and is Segmented by Fantasy Sports Type (Traditional Fantasy Sports, Daily Fantasy Sports & Ancillaries), Sporting Type (Football, Baseball, Basketball, Others), and Country. The market size and forecasts are provided in terms of value (USD million) for all the above segments.

The Global Fantasy Sports Market was valued at USD 28.81 Billion in 2023 and is predicted to experience robust growth in the forecast period with a CAGR of 13.73% through 2029.

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Fantasy Sports Market Size 2025-2029

The fantasy sports market size is forecast to increase by USD 10.13 billion, at a CAGR of 7.1% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing popularity of dedicated apps and the utilization of these sports technology for brand promotion. The proliferation of user-friendly apps has made accessing and participating in fantasy sports more convenient than ever before, leading to a surge in demand. Brands recognize the potential of this trend, using fantasy sports as a marketing tool to engage consumers and build brand loyalty. However, the future of fantasy sports remains uncertain, with concerns surrounding the potential negative impacts on health and well-being. The addictive nature of fantasy sports gaming can lead to excessive time spent on digital platforms, negatively affecting productivity and overall well-being.
Companies must navigate these challenges by implementing responsible gaming practices and promoting a healthy balance between digital engagement and real-life activities. By addressing these concerns and continuing to innovate, fantasy sports providers can capitalize on the market's potential and maintain a strong competitive edge.

What will be the Size of the Fantasy Sports Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market activities unfolding across various sectors. Season-long fantasy sports platforms offer users customizable league settings, head-to-head matches, and real-time game data, enabling a more engaging user experience. Waiver wire transactions and player projections are integral components, requiring continuous analysis from fantasy sports analysts and machine learning algorithms. Fantasy sports communities foster interaction through player chat, news feeds, and podcasts, creating a vibrant ecosystem. Draft strategies and auction drafts vary, with salary cap leagues and private leagues offering unique challenges. Advertising revenue and affiliate marketing provide monetization opportunities, while privacy policies ensure user data security.

Daily fantasy sports (DFS) operators employ advanced statistical analysis and probability calculations to offer real-time contests, further fueling the market's growth. API integrations and data modeling enable seamless data access, while customer support and commissioner tools cater to league management needs. Freemium models, subscription models, and public leagues cater to diverse user preferences, with mobile applications and web applications ensuring accessibility. Risk assessment and lineup optimization strategies are essential for success, while injury reports and expert analysis inform user decision-making. Fantasy sports platforms continue to integrate social media, offering a more immersive experience. News feeds and custom leagues provide users with personalized content, further enhancing engagement.

How is this Fantasy Sports Industry segmented?

The fantasy sports industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Fantasy soccer
  Fantasy baseball
  Fantasy basketball
  Fantasy football
  Others


Application

  Individual Competition
  Team Competition


Demographic

  Under 25 Years
  Between 25 and 40 Years
  Above 40 Years


Dietary Preference

  Vegan
  Gluten-Free
  Keto


Target Audience

  Busy Professionals
  Health Enthusiasts


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Insights

The fantasy soccer segment is estimated to witness significant growth during the forecast period.

In the realm of fantasy sports, soccer holds a significant position, allowing participants to build teams comprised of real-life soccer players and earn points based on their on-field statistics or perceived value. Soccer fantasy leagues, such as Draft Fantasy Football, McDonald FIFA World Cup Fantasy, Fantasy Premier League, and UEFA Champions League Fantasy Football, attract a massive following due to the universal appeal of soccer. These platforms offer users flexibility to manage their rosters, making unlimited transfers before the season's commencement. Fantasy sports communities thrive on player chat, league settings, and head-to-head matches, fostering a competitive and engaging environment.

Season-long fantasy sports and daily fantasy

The global fantasy sports market size attained a value of about USD 27.26 Billion in 2024. The market is assessed to grow in the forecast period of 2025-2034 at a CAGR of 14.20% to reach nearly USD 102.85 Billion by 2034.

As of May 2024, the market size of the fantasy sports services sector in the United States totaled **** billion U.S. dollars. Meanwhile, there were over ******* workers employed in the sector.

As per Cognitive Market Research's latest published report, the Global Daily Fantasy Sports market size was USD 5,992.74 Million in 2017 and it is forecasted to reach USD 14,875.92 Million by 2029. Daily Fantasy Sports Industry's Compound Annual Growth Rate will be 8.95% from 2023 to 2030.

The North America Daily Fantasy Sports market size will be USD 5,022.11 Million by 2029.

Market Drivers For Daily Fantasy Sports

Growing adoption of smartphones coupled with rising internet connectivity

Over the last few years, there is a rapid increase in smart device adoption and internet penetration. Smart devices offer flexibility to customers on a smartphone, laptop, desktop, or tablet. With these devices, users are simply able to access several daily fantasy sports apps and websites.

According to a study, the number of unique mobile internet users in 2020 was 4.28 billion, and more than 90% of the worldwide internet population has access to the internet through a mobile device. Until March 2021, the internet penetration rate in Asia was at 62%, 88% in Europe, and 90% in North America.

Similarly, according to the study, the current global smartphone user population is 6.648 billion, which indicates that 83.72 percent of the world’s population possesses a smartphone. This statistic has increased significantly from 2016, when there were just 3.668 billion users, accounting for 49.40 percent of the world’s population at the time.

Furthermore, the usage of tablets, laptops, and desktops is also raising. According to the Australian Bureau of Statistics, desktop or laptop computers are used by 91% of connected households.

As technology advances, various organizations are releasing numerous daily fantasy games that can play online. This enables several people to entertain themselves as well as to earn money. In this app or website, users can play a wide range of fantasy games, including cricket, hockey, football, basketball, and kabaddi. This promotes market expansion.

According to data shared by Indian Super League (ISL) its fantasy football players hail from India, Nepal, Bangladesh, and the UK, with 86% of the traffic coming from mobile phones. As a result, the growing adoption of smart devices coupled with rising internet connectivity drives the growth of the daily fantasy sports market.

Rising number of daily fantasy sports players

As online gaming and associated activities gain traction, the online fantasy sports market is expected to see a considerable increase in income. The popularity of fantasy games has surged with the introduction of various applications and websites. Daily fantasy games, in particular, are gaining popularity, and many individuals are drawn to them. This increases the popularity of daily fantasy sports.

Daily fantasy games are a popular type of online fantasy gaming in which users pay an entrance fee to compete for cash rewards based on the performance of professional athletes whom users choose and then track in their respective professional sports events.

People are drawn to daily fantasy games for a variety of reasons. The primary reason for this is that players can win real money. According to data, one-third (34%) of urban Indians have played online fantasy sports for money in June 2021. There is real money on the line, and anybody has a chance to win. Some players even make a full-time career by joining competitions. It's difficult to say how much profit the top fantasy sports players make, but there's evidence that they might be earning at least $10,000 every week.

As a result, many players want to participate in daily fantasy games. According to the Fantasy Sports and Gaming Association, approximately 59 million individuals in the United States and Canada participate in fantasy sports. It also claims that 20 million individuals in India play fantasy games, with the amount expected to rise to 150 million by 2022. According to the Fantasy Sports Trade Association, the number of fantasy sports participants has increased from 500,000 in 1988 to 59.3 million in 2017, with the business being worth $7.22 billion (FSTA).

Similarly, key players are participating in a variety of measures to increase player numbers. For instance, to increase its appeal to women, Disney introduced a fantasy

league game for ABC's "Bachelorette" show in 2017. More than 700,000 individuals have playe...

Fantasy sports service providers develop 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.

Global Fantasy Sports Market was valued at $31.73 B in 2023, and is projected to reach $USD 102.37 B by 2032, at a CAGR of 13.90% from 2023 to 2032.

[232+ Pages Report] The global fantasy sports market size is expected to grow from USD 24.39 billion in 2022 to USD 44.87 billion by 2030, at a CAGR of 14.84% from 2023-2030

Fantasy Sports Market Outlook

According to our latest research, the global fantasy sports market size reached USD 29.4 billion in 2024, reflecting robust growth driven by increasing digital adoption and the rising popularity of sports-based entertainment worldwide. The market is projected to grow at a CAGR of 13.7% from 2025 to 2033, reaching a forecasted value of USD 92.3 billion by 2033. This impressive expansion is fueled by technological advancements, growing smartphone penetration, and evolving consumer preferences for interactive and immersive experiences in sports engagement.

One of the primary growth factors for the fantasy sports market is the surge in internet connectivity and mobile device usage globally. With the proliferation of affordable smartphones and high-speed internet, users can now access fantasy sports platforms seamlessly, regardless of their location. This accessibility has democratized participation, enabling fans from diverse demographics to actively engage in fantasy leagues. Furthermore, the integration of real-time data analytics and AI-driven insights has enhanced user experience, making team selection, performance tracking, and in-game strategies more interactive and data-driven. This technological integration not only attracts seasoned sports enthusiasts but also draws in new users seeking an engaging and competitive environment.

Another significant driver is the increasing popularity of major sporting events and leagues, which has a direct positive impact on the fantasy sports ecosystem. Global events such as the FIFA World Cup, the Indian Premier League (IPL), the National Football League (NFL), and the NBA have witnessed exponential viewership, translating into higher user engagement on fantasy platforms. Brands and sponsors are leveraging this trend by partnering with fantasy sports companies to enhance fan engagement and brand visibility. Additionally, the gamification of sports through fantasy leagues allows users to test their knowledge, compete with peers, and win rewards, further incentivizing participation and boosting market growth.

The evolving regulatory landscape is also shaping the future of the fantasy sports market. Several countries are recognizing fantasy sports as a game of skill rather than chance, leading to favorable regulatory frameworks that encourage innovation and investment. This legal clarity has attracted significant venture capital and strategic partnerships, fostering the development of advanced platforms with enhanced security, transparency, and user trust. However, regulatory challenges persist in certain regions, necessitating ongoing dialogue between industry stakeholders and policymakers to ensure responsible growth and user protection.

From a regional perspective, North America continues to dominate the fantasy sports market, accounting for the largest share in 2024, followed by Asia Pacific and Europe. The North American market benefits from a mature sports culture, high digital literacy, and established leagues, while Asia Pacific is witnessing rapid growth due to its large, young population and increasing adoption of digital entertainment platforms. Europe is also emerging as a key market, driven by the popularity of football and cricket-based fantasy leagues. The Middle East & Africa and Latin America are gradually gaining traction, supported by improving internet infrastructure and rising interest in sports-based gaming.

Platform Analysis

The platform segment of the fantasy sports market is bifurcated into web-based and mobile-based platforms, each playing a pivotal role in shaping user engagement and market dynamics. Web-based platforms were the initial drivers of the fantasy sports industry, offering comprehensive interfaces and robust functionalities catering to desktop users. These platforms continue to attract a significant user base, particularly among older demographics and traditional fantasy sports enthusiasts who prefer detailed analytics, in-depth research tools, and multi-league management features. The web-based segment

Daily Fantasy Sports Market Outlook

The global daily fantasy sports market size is projected to grow from $22 billion in 2023 to an impressive $48 billion by 2032, reflecting a robust CAGR of 9%. This exponential growth can be attributed to the increasing popularity of sports betting, technological advancements in gaming platforms, and changing consumer preferences towards online sports entertainment. As more players and sports enthusiasts seek interactive and engaging ways to participate in their favorite sports, the demand for daily fantasy sports is set to soar.

A significant growth factor driving the daily fantasy sports market is the rising global acceptance and legalization of sports betting. Several countries and states have enacted legislation to allow sports betting, thus providing a legal framework for fantasy sports operators to flourish. This regulatory support has not only increased the number of participants but has also led to the entry of new market players, thereby boosting market competition and innovation. Another driving factor is the growing internet penetration and smartphone adoption globally. As more people gain access to high-speed internet and smart devices, the reach and user base of daily fantasy sports platforms expand, creating a favorable environment for market growth.

Furthermore, advancements in technology, such as artificial intelligence and machine learning, have revolutionized the user experience in daily fantasy sports. These technologies enable the creation of more realistic and immersive gaming experiences, personalized recommendations, and predictive analytics, which enhance user engagement and satisfaction. Coupled with the increasing integration of blockchain technology for ensuring transparency and security in transactions, these technological innovations are pivotal in attracting more users to daily fantasy sports platforms.

The growing popularity of major sports leagues and events worldwide also significantly contributes to the market's expansion. High-profile sports events, such as the NFL, NBA, and FIFA World Cup, draw substantial global audiences, many of whom are potential participants in daily fantasy sports. The ability to create and manage virtual teams and compete with others based on real-life player performances makes these platforms highly appealing to sports fans. This increased engagement during sports seasons and tournaments translates into higher user retention and revenue for fantasy sports operators.

Regionally, North America holds the largest share in the daily fantasy sports market, driven by the widespread popularity of sports such as football, basketball, and baseball. The market in this region is further bolstered by favorable regulations and a well-established sports culture. However, the Asia Pacific region is expected to exhibit the highest growth rate during the forecast period. Factors such as the growing middle class, increasing disposable income, and rising interest in sports like cricket and soccer are propelling market growth in this region. Additionally, the proliferation of mobile gaming and internet usage in countries like India and China presents vast opportunities for daily fantasy sports operators.

Sports Type Analysis

The daily fantasy sports market segments by sports type include football, baseball, basketball, hockey, soccer, and others. Football is the dominant segment due to the immense popularity of the NFL and college football in North America. The fanbase for football is vast, and the sport's seasonal nature creates recurring engagement opportunities for fantasy sports operators. The introduction of micro-contests and enhanced scoring systems are also attracting more users to football-based fantasy sports.

Baseball holds a significant share in the fantasy sports market, particularly in North America, where Major League Baseball (MLB) garners a large following. The long baseball season, with numerous games, provides ample opportunities for fantasy sports contests, enticing users with frequent chances to win. Innovations like real-time player performance analytics and in-game substitutions are enhancing the user experience in baseball fantasy sports.

Basketball is another prominent segment, with the NBA being one of the most widely followed leagues worldwide. The fast-paced nature of basketball games and the availability of detailed player statistics make it an attractive option for fantasy sports enthusiasts. Enhanced mobile app features and social sharing options are driving user engagement in basketball fantasy sports, cont

Global Fantasy Sports Market is poised to witness substantial growth, reaching a value of USD 130.37 Billion by the year 2033, up from USD 39.37 Billion attained in 2024. The market is anticipated to display a Compound Annual Growth Rate (CAGR) of 14.23% between 2025 and 2033.

The Global Fantasy Sports market size to cross USD 130.37 Billion in 2033. [https://edison.valuemarketresearch.com//uploa

Daily Fantasy Sports Market Outlook

According to our latest research, the global Daily Fantasy Sports market size in 2024 stands at USD 29.5 billion, reflecting robust engagement across digital platforms worldwide. The market is growing at a steady CAGR of 13.2% from 2025 to 2033, projected to reach a value of USD 83.1 billion by the end of the forecast period. The expansion is primarily driven by increasing smartphone penetration, the proliferation of internet connectivity, and the growing popularity of fantasy sports among younger demographics. These factors, combined with advancements in mobile application technology and the integration of real-time data analytics, are significantly propelling the Daily Fantasy Sports (DFS) market forward.

A key growth factor for the Daily Fantasy Sports market is the surge in digital transformation within the sports entertainment industry. The widespread adoption of smartphones and the increasing accessibility of high-speed internet have made it easier for users to participate in DFS platforms from virtually anywhere. This digital shift has not only broadened the reach of fantasy sports but has also enhanced user engagement through innovative features such as live drafts, player statistics, and instant rewards. Additionally, the integration of artificial intelligence and machine learning algorithms has enriched the user experience by providing personalized recommendations, predictive analytics, and seamless gameplay, thereby attracting a larger and more diverse user base.

Another significant driver is the evolving legal landscape surrounding sports betting and fantasy sports, particularly in North America and parts of Europe. Regulatory relaxations and the formal recognition of fantasy sports as a skill-based activity have encouraged new entrants and investments in the market. This has led to the emergence of a competitive ecosystem where operators are incentivized to deliver superior platforms, innovative game formats, and attractive prize pools. The result is a virtuous cycle of user acquisition, retention, and monetization, which continues to fuel the growth of the Daily Fantasy Sports market on a global scale.

Moreover, the increasing popularity of major sporting events such as the FIFA World Cup, the Super Bowl, and the Indian Premier League (IPL) has created significant spikes in DFS participation. These events not only draw in seasoned fantasy sports enthusiasts but also attract casual fans looking for a more interactive and immersive experience. The ability to create teams, compete with friends or strangers, and win real-world prizes adds a layer of excitement that traditional sports viewing cannot match. This trend is further amplified by strategic partnerships between DFS operators and sports leagues, teams, and media companies, which enhance visibility and drive user engagement through integrated marketing campaigns and exclusive content.

Regionally, North America continues to dominate the Daily Fantasy Sports market, accounting for the largest share in 2024, followed by Europe and Asia Pacific. The high level of sports fandom, favorable regulatory environment, and the presence of leading DFS operators such as DraftKings and FanDuel contribute to North America's leadership position. Europe is witnessing rapid growth due to the rising popularity of football (soccer) and the increasing legalization of fantasy sports platforms. Meanwhile, Asia Pacific is emerging as a lucrative market, driven by the growing interest in cricket and soccer, expanding internet infrastructure, and a young, tech-savvy population. As the market matures, regional dynamics are expected to evolve, with Latin America and the Middle East & Africa also presenting untapped growth opportunities.

Platform Analysis

The Daily Fantasy Sports market is segmented by platform into web-based and mobile-based solutions, with each playing a pivotal role in market expansion. The web-based segment initially dominated the market, leveraging established desktop and laptop

The global fantasy sports market is expected to grow at a CAGR of 12.19% and is expected to reach USD 12.87 billion by 2028 from USD 6.45 billion in 2022.

Global Fantasy Sports Market By Sports, By Gender, By Region, - Trends, Analysis and Forecast till 2030

Asian Fantasy Sports Market is Segmented by Sporting Type (Cricket, Football, Hockey), and Country (India, Southeast Asia, Australia, South Korea, and China). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

The size of the Fantasy Sports market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 13.83% during the forecast period.Fantasy sports is a game where participants put together virtual teams consisting of real players of a professional sport. Such teams compete based on the statistical performance of those players in real games. The performance translates into points, which are compiled and added up based on the roster selected by each fantasy team's manager.The fantasy sport market has seen significant growth over the last few years due to various factors: rising internet penetration, growth of mobile gaming, as well as popularity of sports leagues all around the world. Fantasy sports platforms offer the best opportunity for fans who would like to engage and be more interested in a sport while testing their skills in competing with other fans.The market is dominated by a few major players, but increasing numbers of startups are getting into the game, introducing innovative features and targeting niche sports and demographics. In this context, the fantasy sports platforms are including artificial intelligence and machine learning to ensure personalized recommendations, predictive analytics, and more enhanced user experiences as technology advances further. Recent developments include: March 2023: DraftKings Inc. announced plans to open its renowned online sportsbook, subject to licensing and regulatory approval in Massachusetts. Massachusetts will be the 21st state in the union to provide an online sportsbook by Boston-based DraftKings. In addition to giving Massachusetts residents access to several bet types, such as same-game parlays, player props, unique odds, boost choices, and more, DraftKings will also offer clients in the state attractive and exclusive bonuses., January 2023: The fantasy gaming company Fantasy Akhada announced intentions to sell a significant stake to GMR Sports, a GMR Group affiliate, for an estimated USD 160-175 million (INR 1,300-1,400 Crore). The transaction is anticipated to happen in stages, with GMR completing off in the following rounds and displacing some early investors., May 2022: Swedish website Fotbollskanalen received FSport'sflagship fantasy sports product from the gaming and media company with its headquarters in Helsingborg. Through a partnership with TV4, a television network, FSportwill provides the Football Channel with its FSportFree product and associated daily fantasy sports platform. By their agreement, TV4 will advertise the games on the website and social media platforms under a new customary fantasy sports brand and allow users to participate in free-to-play games.. Key drivers for this market are: Increasing Sports Fan Engagement, Technological Advancements might Drive the Market Growth. Potential restraints include: Low Awareness and Regulatory Framework, Competition from Traditional Sports Betting. Notable trends are: Increasing Sports Fan Engagement may Drive the Market Growth.

BCC market research report on Fantasy Sports Industry. Get complete market size, share, trends and growth analysis report for Fantasy Sports.