FUTURE OF FANTASY SPORTS IN INDIA




Fantasy sports are so rightly said as Games of skills making it trending in India. There is a full new meaning to gaming with real cash been won by players. Before going into popularity section first let us see what statistics say:
Fantasy sport started in India with the launch of India fantasy cricket games and apps during the Indian Premier League (IPL) in 2008, and since then an array of sports have been introduced such as football, hockey, kabaddi, carrom, pool, badminton, basketball, and more. The IFSG-KPMG report clearly states that there are about 20 million fantasy gamers in India right now and is projected to touch over $5 billion in the next two years, it also says that two out of three sports fans in India are aware of fantasy gaming today, and an estimated 100 million will take to one or more of the platforms/apps by the end of 2019. India’s projected user base of fantasy sports is on track to break the 100 million barriers by 2020, it would still be only 30% of online sports fans in India, which shows the of the scope of the future.
Interestingly, we have users from the top seven to eight cities playing less frequently than some of the smaller cities in the country. Nearly, 85% of the users from the major cities play fantasy sports 1-3 times a week. Thus statistics clearly show, that in India, the Fantasy cricket league is gaining a lot of popularity. Even Formula 1, rugby, golf, volleyball, tennis and squash will be seen entering soon. 


The Contributing Factors towards Growth of Fantasy Sports in India:
  1.  The introduction of the mobile 4G network, which was started by Reliance Jio in 2015 set the boom to fantasy sports in India making mass availability that led to a sudden burst. 
  2. Many big and small apps are available for fantasy sports, fantasy cricket been on the top capturing 90% of users giving tremendous competition among them. Like DREAM11, KING11, etc.
  3. The cheery on the cake became the increasing number of smartphones in the country. Only last year, the number of smartphone users rose to a record 337 million in India, The number is expected to reach the half-billion mark by 2022. The excessive competition introduced by the infusion of Chinese phone makers and the consequent breaking of the monopoly dominated by Samsung and Nokia led to a significant reduction in the phone prices.
  4. Platforms like Dream11, King11, Starpick, and MyTeam11 follow a freemium business model.
  5. As it been a decade now, it has given confidence to people on its credibility which is proved by the fact that now they are comfortable in playing paid fantasy sports, since the money required to participate is quite small.
  6. Indian Federation of Sports Gaming (IFSG), says that with the disposable income and the use of net-banking rising, Fantasy sports is poised to set grow for sure.
  7. Popular fantasy sports games in India are cricket, football, basketball, hockey, kabaddi, and badminton, which will now be joined by kabaddi, carrom, pool, Formula 1, rugby, golf, volleyball, tennis, and squash soon.
  8. We Indians are set to really where we have a regulating body attached. Fantasy industry standards in India are regulated by the Indian Federation of Sports Gaming, as there are no set government regulations. 

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India could be the next fantasy sports destination:


We see an increasing number of fans getting involved in sports due to fantasy sports plus the infiltration of the number of new sports leagues adds to the popularity of fantasy sports. The merchandising, television viewership, fan clubs, advertisements and many more, attached to the sports is boasting the fantasy sports business in India. So in all fantasy sports is on a boom in India and is set to have a great future here.
To play fantasy sports, one can choose from any of the popular fantasy sports websites, like DREAM11, KING11, TEAM11 and join a fantasy league with a team of their choice. The segment has the potential to spawn a whole ecosystem around it and could help deepen user engagement with their favorite sports and stay connected to their sport showing brain skills and EASILY EARN MONEY.
The future of fantasy sports would be really SHINNING and it’s better to start playing now and learn it so that you can easily win Money with other Sports lovers.

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