FANTASY SPORT MARKET IN INDIA

Fantasy sports companies provide a number of contests which includes group contest, individual contest and even one can create its contest and earn, as companies provide the option to enter the game by any mean ranging from free offerings to paid leagues. Players are given a chance to test their sporting knowledge by selecting teams for upcoming matches from a real-world player pool. This is all done by using virtual credits offered by companies as a starting initiative. Players are assigned weighted credit scores depending on their recent performances. For example, if 100 credits are available, users will have to select 11 players within the allotted budget. By selecting each with 10credits, they are left with nothing to select the last one and to do that they will buy credit anyhow which forces them to enter this world.
And this is how the market starts increasing.


PRESENT MARKET SCENARIO: 

Fantasy sports have turned fans from just being spectators to stakeholders. In 2016, the number was just two million, which has now turned to a $150 billion market capture in India. It is said that 72% of respondents indulge in sports and fantasy gaming for fun and excitement. And about 69% of respondents said that there are no overlaps between Fantasy Sports and Sports Betting and however, 81% believe that playing fantasy sports requires profound Skill and Knowledge. Reports are also there which says, that two out of three sports fans in India know of fantasy sports. This whole thing has the main one reason and that is the popularity of fantasy sports in India has hit the heights due to the mass availability of the mobile 4G network, which was initiated by Reliance Jio.

                    

WONDERING: Why People Play Fantasy Games: Know it



FUTURE OF FANTASY SPORT IN INDIA:

By the end of 2019, over 100 million sports fans are expected to take to one or more fantasy sports apps or platforms. 
Fantasy sports and the gaming industry in India is set to witness a massive growth in India growing from Rs 43.8 billion to high up to Rs 118.8 billion by FY23 at CAGR 22.1%, according to a report by Indian Federation of Sports Gaming (IFSG), India’s first and only self-regulatory industry body for the sports gaming sector, and KPMG India Private Limited (KPMG).



                                          

And this can be evident from the fact, that online gaming in India is seeing increased traction due to the growth of digital infrastructure, which is becoming key to boast fantasy sports in the space. With the number of fantasy sports operators coming to market and the craziness of sports fans on fantasy sports increasing day by day it will surely take it to an expected 100 million by 2020.
AS many reports available says, that users from the top seven to eight cities were playing less frequently than some of the smaller cities in the country, shows the future is all set to Shine plus 85%  from the major cities play fantasy sports 1-3 times a week. 


OTHER SPORTS FUTURE:

As expected, cricket remains to be the front runner in India with 71% of the respondents playing a fantasy version of the sport, followed by 54% playing football. However, today, various fantasy sports games are offered through different platforms. The most popular fantasy sports have been cricket, football, basketball, hockey, and badminton. 
We do see rise even in kabaddi, carrom and pool fantasy sports. Adding to the list, Formula 1, rugby, golf, volleyball, tennis, and squash. Which is set to make the Indian fantasy market expected over $5 billion in the next two years.
As India, the fantasy sports industry has over sixty platforms, at present. These platforms are catering to about 20 million fantasy sports players in India.
So the simplest thing to understand here is DONT WAIT JUST JUMP INTO FANTASY WORLD WITH YOUR FAVORITE SPORT AND EARN.
       

Interested in knowing how to play fantasy sport now: CLICK HERE