Sport Economics
Good to know: The market research and data service’s report added that the fantasy sports market is set to reach US$38.6 billion in 2025 at a CAGR of 14.7 per cent.
The fantasy sports market is one of the fastest-growing industries in the world. According to the survey, the fantasy sports industry's market is predicted to reach $33.2 billion by 2025. Fantasy sports games have grown in popularity among sports fantasy sports game fans all around the world in recent years. Startups and large corporations alike have begun to develop their fantasy sports businesses.
As the number of people using mobile phones grows, so does demand. Furthermore, playing games can be used to generate money. Not only children, but also adults, have begun to use the online fantasy sports platform.
Many of them play fantasy games to learn how to anticipate scores rather than to make money. The key reason for the expansion of fantasy sports is that it has achieved a high level of recognition. The global market for fantasy games is expected to rise at a far faster rate.
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