Know The Reasons Why Fantasy Sports Website Design is a Profitable Business to Start Now

As per a research Fantasy sports engages roughly 90 million people today world-wide. It is not only engaging but also an addiction which tests your sporting knowledge to the max while also providing a way to earn handsome amount of money. A Forbes report suggested that fantasy sports industry around the world roughly ranges between $40 billion and $70 billion which is enough to indicate that this is one of the most profit based business.

United States and Canada have the lion share of this revenue and are the largest market when it comes to attracting fantasy gamers. There are more than 58 million fantasy sports players in the US and around 25 million in India as of 2020, another pointer to suggest that fantasy sports website design is a profitable venture. Season long fantasy and daily fantasy are the two popular pillars of fantasy sports. Season long fantasy sports allows players to create team and play for entire season where the winner is declared at the end of the sporting season. While daily fantasy sports allow you to create team, play and win on daily basis.

The recent trends have shown that daily fantasy sports is more popular among the masses. To be able to win on daily basis is something which every fantasy sports player wants. According to a press release from Fantasy Sports Trade Association, the fantasy sports industry generates more than $7.22 billion revenue globally, which includes sports like MLB, Soccer, Football, Cricket, NBA etc.

If you look at Europe which is mostly dominated by soccer especially the English Premier League, Spanish League and the German League, only UK has more than 3.5 million registered fantasy sports users. When we look at India where the fantasy sports phenomenon has just taken off with brands like Dream11 sponsoring this year’s IPL, the Indian fantasy sports market has grown to 2400 crore rupees in 2020 as compared to 920 crore rupees in 2019.

A whitepaper by India tech mentioned that fantasy sports in India has attracted a considerable amount of foreign investment as well. As per an FIFS report this investment was estimated to be in range of 1500 crore during 2018-2019. According to a KPMG report, the Indian online gaming industry revenue is already worth $43.8 billion and is estimated to grow to $118.8 by 2023. Another indication why fantasy sports website design is the most sought after business these days.

According the same KPMG report the Indian online gaming industry will see an annual growth rate of 22.1% which in itself is miraculous and appealing and is sure to bring in more investors and opportunities for different business houses.

We are Technogiq, a leading IT services and Fantasy sports website design and development company. We offer best in class and Fantasy sports website design and development services with quality support. Our and Fantasy sports website design and development services have benefitted clients from across the globe and we continue to strive for excellence.  If you have a project in mind, let’s connect.

17 Replies to “Know The Reasons Why Fantasy Sports Website Design is a Profitable Business to Start Now”

  1. hi!,I really like your writing so so much! share we communicate more about your article
    on AOL? I need a specialist in this area to resolve my problem.
    Maybe that’s you! Having a look forward to see you.

  2. I do accept as true with all of the ideas you have introduced in your post.
    They are really convincing and can certainly work.
    Still, the posts are very quick for starters. Could you please
    extend them a little from next time? Thank you for the post.

  3. After exploring a handful of the articles on your website, I truly like your technique of writing a blog.

    I book-marked it to my bookmark website lkst and
    will be checkig back soon. Please check out
    my web site as well and let mee know your opinion.

  4. Excellent blog һere! Also уouг website loads սp νery fast!
    Whɑt host ɑre you ᥙsing? Ⅽаn Ι ɡet youг affiliate link to your host?
    I wish my site loaded up ɑs faѕt as yours lol

  5. I do trust ɑll the concepts yߋu’ve presented to your post.

    Thеy’re reаlly convincing аnd can certaіnly ԝork. Ѕtill, the
    posts aгe too hort for starters. Μay jjust you please proloong thеm a bit
    from next time? Thɑnk you for thе post.

  6. I’m not suгe ᴡhere you’rе getting your info,
    but good topic. I neеds to spend sߋme time learning
    more or understanding mߋre. Thɑnks for excellent info I was
    ⅼooking fοr tһis information for mʏ mission.

  7. I simply couldn’t depart your site before suggesting that I extremely enjoyed
    the standard info a person supply to your guests? Is going to be
    again regularly to investigate cross-check new posts

  8. I will immediately grasp your rss as I can’t in finding your e-mail subscription hyperlink or newsletter service.
    Do you have any? Kindly allow me know in order that I could subscribe.

    Thanks.

  9. I really like reading an article that will make people think.
    Also, thank you for permitting me to comment!

  10. It’s remarkable in favor of me to have a web page, which is good designed for
    my know-how. thanks admin

  11. I’m really enjoying the theme/design of your web site. Do you ever
    run into any web browser compatibility problems?
    A couple of my blog readers have complained about my site not
    operating correctly in Explorer but looks great in Opera.
    Do you have any ideas to help fix this problem?

  12. Pingback: canadianpharmaceuticalsonline

Leave a Reply to junk cars for cash Cancel reply

Your email address will not be published. Required fields are marked *