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Fantasy Sports Market Will Exhibit Negative Impact During 2020-2024 | Launch of Various Apps for Fantasy Sports to Improve the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#FantasySportsMarket–Technavio has been monitoring the global fantasy sports market, operating under the consumer discretionary industry. The latest report on the fantasy sports market, 2020-2024 estimates it to register an incremental growth of USD 6.28 billion, at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.


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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. DraftKings Inc., Flutter Entertainment Plc, Fox Corp., Roto Sports Inc., Sporta Technologies Pvt. Ltd., Sportech Inc., The Football Association Premier League Ltd., The Walt Disney Co., Verizon Communications Inc., and ViacomCBS Inc. are among some of the major market participants.

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Launch of various apps for fantasy sports has been instrumental in driving the growth of the market. However, the increasing traction of mobile video games and traditional e-sports might hamper the market growth.

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Fantasy Sports Market 2020-2024: Segmentation

Fantasy Sports Market is segmented as below:

Based on geographic segmentation, over 44% of the market growth originated from North America during the forecast period. In addition, fantasy soccer led the growth under the type segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.

Fantasy Sports Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fantasy sports market report covers the following areas:

This study identifies the increasing number of sports leagues as one of the prime reasons driving the Fantasy Sports Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Fantasy Sports Market 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Type

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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