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Fantasy Sports Market

ID: MRFR/ICT/10019-HCR
200 Pages
Aarti Dhapte
October 2025

Fantasy Sports Market Research Report By Game Type (Daily Fantasy Sports, Season-Long Fantasy Sports, Weekly Fantasy Sports), By Platform (Web-based, Mobile Applications, Social Media), By Participants (Casual Players, Professional Players, Fantasy Sports Enthusiasts) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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Fantasy Sports Market Infographic
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Fantasy Sports Market Summary

As per MRFR analysis, the Fantasy Sports Market Size was estimated at 32.86 USD Billion in 2024. The Fantasy Sports industry is projected to grow from 37.63 USD Billion in 2025 to 145.76 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 14.5 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Fantasy Sports Market is experiencing robust growth driven by technological advancements and increasing user engagement.

  • North America remains the largest market for fantasy sports, characterized by a high level of user participation and revenue generation.
  • Asia-Pacific is emerging as the fastest-growing region, with a notable increase in mobile application usage among younger demographics.
  • Daily Fantasy Sports Market continues to dominate the market, while Season-Long Fantasy Sports Market is witnessing rapid growth due to changing consumer preferences.
  • Key market drivers include increased mobile penetration and enhanced user engagement strategies, which are vital for sustaining market momentum.

Market Size & Forecast

2024 Market Size 32.86 (USD Billion)
2035 Market Size 145.76 (USD Billion)
CAGR (2025 - 2035) 14.5%

Major Players

DraftKings (US), FanDuel (US), Yahoo Fantasy Sports (US), ESPN Fantasy (US), CBS Sports Fantasy (US), Sleeper (US), Fantasy Premier League (GB), MyFantasyLeague (US), Fantrax (US)

Fantasy Sports Market Trends

The Fantasy Sports Market is currently experiencing a dynamic evolution, driven by technological advancements and changing consumer preferences. The proliferation of mobile applications and online platforms has made participation in fantasy sports more accessible than ever. This accessibility appears to attract a diverse demographic, including younger audiences who are increasingly engaged in digital entertainment. Furthermore, the integration of social media into fantasy sports platforms fosters community interaction, enhancing user experience and retention. As a result, the market seems poised for continued growth, with innovations likely to shape its future landscape. In addition to technological influences, the Fantasy Sports Market is also witnessing a shift in regulatory frameworks across various regions. This evolving legal landscape may create both opportunities and challenges for operators within the industry. As more jurisdictions recognize the potential economic benefits of regulated fantasy sports, the market could expand further. However, compliance with varying regulations may require significant adjustments from companies. Overall, the Fantasy Sports Market appears to be on a trajectory of growth, influenced by both technological advancements and regulatory changes.

Technological Integration

The integration of advanced technologies, such as artificial intelligence and machine learning, is transforming the Fantasy Sports Market. These innovations enhance user experience by providing personalized recommendations and real-time analytics, which may lead to increased engagement and participation.

Regulatory Developments

The evolving regulatory environment surrounding fantasy sports is shaping the market landscape. As more regions establish clear guidelines, operators may find new opportunities for expansion while navigating the complexities of compliance and legal requirements.

Social Media Engagement

The role of social media in the Fantasy Sports Market is becoming increasingly prominent. Platforms that facilitate community interaction and sharing of experiences are likely to enhance user retention and attract new participants, thereby driving market growth.

Fantasy Sports Market Drivers

Diverse Revenue Streams

The Fantasy Sports Market is diversifying its revenue streams, moving beyond traditional entry fees and advertising. Companies are increasingly exploring partnerships with brands for sponsorships, merchandise sales, and premium subscription models. This shift is indicative of a broader trend where platforms seek to create multiple income sources to enhance financial stability. For instance, premium subscriptions that offer exclusive content and features are gaining traction, with some platforms reporting a 15% increase in revenue from this segment. Additionally, collaborations with sports leagues and teams for branded fantasy leagues are becoming more common, providing unique experiences for users. This diversification not only strengthens the financial foundation of companies within the Fantasy Sports Market but also enhances user engagement through varied offerings.

Emerging Markets Expansion

The Fantasy Sports Market is witnessing a notable expansion into emerging markets, where sports enthusiasm is on the rise. Countries in Asia and Latin America are increasingly adopting fantasy sports platforms, driven by a growing middle class and increased internet accessibility. For instance, the number of fantasy sports users in these regions is projected to grow by over 30% annually, indicating a robust market potential. This expansion is further fueled by local partnerships and tailored offerings that resonate with regional sports preferences. As these markets mature, they present lucrative opportunities for companies in the Fantasy Sports Market to diversify their user base and revenue streams. The influx of new users from these regions may also lead to innovative game formats and localized content, enhancing the overall appeal of fantasy sports.

Increased Mobile Penetration

The rise in mobile device usage has transformed the Fantasy Sports Market, enabling users to engage with fantasy sports on-the-go. As of 2025, mobile devices account for over 70% of all fantasy sports interactions, indicating a shift towards mobile-first platforms. This trend is likely to continue, as advancements in mobile technology enhance user experience through improved graphics and faster load times. The convenience of mobile applications allows users to draft teams, make trades, and monitor player performance in real-time, thereby increasing user engagement. Consequently, companies within the Fantasy Sports Market are investing heavily in mobile app development to capture this growing audience. The integration of features such as live scoring and push notifications further enhances user retention, suggesting that mobile penetration is a critical driver for the industry's growth.

Enhanced User Engagement Strategies

User engagement strategies are evolving within the Fantasy Sports Market, as companies seek to retain and attract players. Innovative features such as gamification, social sharing, and interactive content are being implemented to enhance user experience. For example, the introduction of leaderboards, challenges, and rewards systems has proven effective in increasing user participation. Data suggests that platforms employing these strategies see a 25% increase in user retention rates. Furthermore, the integration of social media functionalities allows users to share their achievements and compete with friends, fostering a sense of community. As competition intensifies, companies in the Fantasy Sports Market are likely to continue refining their engagement strategies to maintain user interest and loyalty.

Technological Advancements in Data Analytics

Technological advancements in data analytics are reshaping the Fantasy Sports Market, providing users with deeper insights and enhanced decision-making capabilities. The integration of artificial intelligence and machine learning algorithms allows platforms to analyze vast amounts of player data, offering predictive analytics that can inform user strategies. As of 2025, approximately 60% of fantasy sports platforms utilize advanced analytics tools, indicating a significant trend towards data-driven decision-making. This capability not only improves user experience but also increases the competitiveness of the platforms. Users are more likely to engage with platforms that provide sophisticated analytics, as it enhances their chances of success. Consequently, the emphasis on data analytics is likely to remain a pivotal driver in the evolution of the Fantasy Sports Market.

Market Segment Insights

By Game Type: Daily Fantasy Sports Market (Largest) vs. Season-Long Fantasy Sports Market (Fastest-Growing)

In the Fantasy Sports Market, Daily Fantasy Sports Market (DFS) holds the largest market share among various game types, driven by its appeal for quick engagement and frequent play. On the other hand, Season-Long Fantasy Sports Market is rapidly gaining traction, particularly among traditional sports enthusiasts who appreciate the long-term commitment and strategic depth of the game. Weekly Fantasy Sports Market, although present, accounts for a smaller share as it competes with the more established formats.

Game Type: Daily Fantasy Sports Market (Dominant) vs. Season-Long Fantasy Sports Market (Emerging)

Daily Fantasy Sports Market is characterized by its fast-paced, immediate gameplay where participants create teams based on real-time player performance, making it particularly appealing to casual gamers and those looking for quick entertainment. Its dominance is supported by multiple platforms offering various sports and formats. Conversely, Season-Long Fantasy Sports Market cultivates a more engaged community as players manage their teams over an entire season, focusing on strategy and long-term player performance. This segment is increasingly popular due to the recent shift towards deeper fan engagement and the rise of online platforms that provide user-friendly interfaces and enhanced functionalities for drafting and managing teams.

By Platform: Web-based (Largest) vs. Mobile Applications (Fastest-Growing)

The Fantasy Sports Market is segmented into three key platforms: Web-based, Mobile Applications, and Social Media. Among these, Web-based platforms hold the largest market share due to their established user base and accessibility. They provide a comprehensive range of features for fantasy sports enthusiasts, enabling detailed analysis, drafting, and trading functionalities. Mobile Applications are gaining traction rapidly, appealing especially to younger demographics who prefer gaming on the go, thus making them the fastest-growing segment.

Web-based (Dominant) vs. Mobile Applications (Emerging)

Web-based platforms have emerged as the dominant choice in the Fantasy Sports Market, offering expansive functionalities and a user-friendly interface which tends to engage serious fantasy players. These platforms typically host a wider variety of fantasy games, enhancing user retention. In contrast, Mobile Applications are recognized as the emerging force, capitalizing on the shift towards mobile gaming. The convenience of participating in fantasy sports through mobile devices has lead to an increase in user engagement. As technology evolves, Mobile Applications are likely to introduce innovative features that enhance user interactivity and retention.

By Participants: Casual Players (Largest) vs. Professional Players (Fastest-Growing)

In the Fantasy Sports Market, the participants are categorized into Casual Players, Professional Players, and Fantasy Sports Market Enthusiasts. Currently, Casual Players represent a significant share of the market, as they engage in fantasy sports primarily for fun and leisure. This demographic usually participates in easy-to-join leagues that require minimal commitment, which makes them the largest segment. Professional Players, on the other hand, are rapidly increasing in numbers, driven by a blend of competition and potential monetary gains that fantasy sports offer. They are more serious about their participation, often engaging in multiple leagues with detailed strategic approaches. The growth trends in this segment indicate a rising interest in Fantasy Sports Market among the Professional Players, driven by advancements in technology and the increased accessibility of platforms that facilitate gameplay. The allure of potential earnings in competitive leagues, combined with the overall expansion of fantasy sports leagues, has helped these players gain traction. Casual Players, while still dominant, face a challenge in retaining their numbers as they contend with the more engaged and actively participating Professional Players who are attracting more media attention and sponsorships. Overall, the segment continues to show promise as the brand of Fantasy Sports Market evolves.

Casual Players (Dominant) vs. Professional Players (Emerging)

Casual Players are the backbone of the Fantasy Sports Market, characterized by their laid-back approach to gameplay. They typically participate in leagues with friends and family, prioritize enjoyment over competition, and often engage during key sporting events. This segment's appeal lies in its accessibility and the fun factor, making it highly engaging for a diverse range of individuals. On the other hand, Professional Players are emerging strongly, marked by a more strategic and analytical mindset toward the game. They invest significant time researching player statistics and strategies, often participating in high-stakes leagues. This segment's growth is fueled by technological advancements and marketing efforts that target more serious gamers, thus reshaping the competitive landscape of the fantasy sports experience.

Get more detailed insights about Fantasy Sports Market

Regional Insights

North America : Leading Market for Fantasy Sports Market

North America is the largest market for fantasy sports, accounting for approximately 70% of the global market share. The region's growth is driven by increasing internet penetration, the popularity of sports, and favorable regulations. The demand for fantasy sports is further fueled by technological advancements and the rise of mobile applications, making it more accessible to users. The regulatory environment is supportive, with many states legalizing online sports betting, which enhances market growth potential. The United States is the leading country in this region, with key players like DraftKings, FanDuel, and Yahoo Fantasy Sports Market dominating the landscape. The competitive environment is characterized by continuous innovation and marketing strategies aimed at attracting new users. Canada also plays a significant role, contributing to the market with its growing interest in fantasy sports. The presence of major platforms ensures a robust competitive landscape, fostering further growth in the sector.

Europe : Emerging Fantasy Sports Market Hub

Europe is rapidly emerging as a significant player in the fantasy sports market, holding approximately 15% of the global market share. The growth is driven by increasing engagement in sports, particularly football, and the rise of digital platforms. Regulatory frameworks are evolving, with several countries implementing laws that support online gaming and fantasy sports, thus creating a conducive environment for market expansion. The increasing popularity of sports leagues and tournaments also contributes to the growing demand for fantasy sports in the region. The United Kingdom is the leading country in Europe, with platforms like Fantasy Premier League and Fantrax gaining substantial traction. Other countries, such as Germany and France, are also witnessing growth, driven by local leagues and sports events. The competitive landscape is marked by both established players and new entrants, fostering innovation and diverse offerings. The presence of key players enhances the market's vibrancy, making Europe a promising region for future growth.

Asia-Pacific : Rapidly Growing Fantasy Market

Asia-Pacific is witnessing a rapid surge in the fantasy sports market, currently holding about 10% of the global market share. The growth is primarily driven by the increasing popularity of sports like cricket and football, coupled with the rise of mobile technology. Countries like India and Australia are leading this growth, with favorable regulations and a young, tech-savvy population driving demand. The region's regulatory landscape is gradually becoming more supportive, allowing for the expansion of online gaming and fantasy sports platforms. India stands out as a key player in the region, with platforms like Dream11 leading the market. Australia also contributes significantly, with a growing interest in various sports leagues. The competitive landscape is characterized by a mix of local and international players, fostering innovation and diverse offerings. The increasing investment in technology and marketing strategies is expected to further enhance the market's growth in the coming years.

Middle East and Africa : Emerging Fantasy Sports Market Frontier

The Middle East and Africa (MEA) region is an emerging frontier for the fantasy sports market, currently holding around 5% of the global market share. The growth is driven by increasing interest in sports, particularly football, and the rise of digital platforms. Regulatory frameworks are evolving, with several countries beginning to recognize and regulate online gaming, which is expected to catalyze market growth. The region's young population and increasing internet penetration are also significant factors contributing to the demand for fantasy sports. Countries like South Africa and the UAE are leading the charge in this region, with a growing number of platforms catering to local sports interests. The competitive landscape is still developing, with both local and international players entering the market. The presence of key players and the increasing investment in marketing and technology are expected to drive further growth in the MEA fantasy sports market.

Fantasy Sports Market Regional Image

Key Players and Competitive Insights

The Fantasy Sports Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and an increasing consumer appetite for interactive gaming experiences. Major players such as DraftKings (US), FanDuel (US), and Fantasy Premier League (GB) are at the forefront, each employing distinct strategies to capture market share. DraftKings (US) focuses on innovation through the integration of advanced analytics and user-friendly interfaces, while FanDuel (US) emphasizes partnerships with sports leagues to enhance its brand visibility and user engagement. Meanwhile, Fantasy Premier League (GB) leverages its established brand within the football community to attract a dedicated user base, indicating a trend towards brand loyalty in the market.

The business tactics employed by these companies reflect a moderately fragmented market structure, where localized strategies and supply chain optimization play crucial roles. Companies are increasingly localizing their offerings to cater to regional preferences, which appears to enhance user retention and engagement. The collective influence of these key players shapes a competitive environment that is both challenging and ripe for innovation, as they vie for dominance in a rapidly evolving landscape.

In August 2025, DraftKings (US) announced a strategic partnership with a leading sports analytics firm to enhance its predictive modeling capabilities. This move is likely to bolster its competitive edge by providing users with more accurate insights and personalized experiences, thereby increasing user engagement and retention. Such partnerships may also signal a broader trend towards data-driven decision-making in the fantasy sports sector, as companies seek to leverage analytics to refine their offerings.

In September 2025, FanDuel (US) launched a new mobile application designed to streamline user experience and integrate social features, allowing users to engage with friends and share their fantasy teams. This initiative seems to reflect a growing emphasis on community-building within fantasy sports, suggesting that social interaction may become a key differentiator in attracting and retaining users. By enhancing the social aspect of fantasy sports, FanDuel (US) appears to be positioning itself as a leader in user engagement.

In July 2025, Fantasy Premier League (GB) introduced a new feature that allows users to create custom leagues with unique scoring systems. This strategic move may cater to the diverse preferences of users, potentially increasing participation rates and enhancing user satisfaction. By offering customization options, Fantasy Premier League (GB) seems to recognize the importance of personalization in driving user engagement and loyalty.

As of October 2025, the competitive trends in the Fantasy Sports Market are increasingly defined by digitalization, AI integration, and a focus on sustainability. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing their technological capabilities and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition towards innovation, technology, and supply chain reliability, as companies strive to offer unique and engaging experiences that resonate with users.

Key Companies in the Fantasy Sports Market market include

Industry Developments

The Fantasy Sports Market has witnessed significant developments in recent months, particularly in the landscape of major players like DraftKings, FanDuel, and ESPN. DraftKings recently reported substantial growth in user engagement, leading to increased market valuation fueled by their strategic marketing and innovative features. In the past year, FanDuel has made significant strides in its media integration strategy. This includes the rebranding of 16 regional sports networks as FanDuel Sports Network in 2024 and the establishment of 2025 partnerships with SB Nation and Yahoo Sports to enhance DTC content connections and fantasy ecosystem integrations.

In August 2023, Fantasy News Network was not acquired by RTSports, as reported. Nevertheless, Yahoo and Sleeper persist in their leadership in mobile-first product innovation, which is bolstered by strategic app development and positive user experiences. Additionally, the Fantasy Sports Market & Gaming Association (formerly FSIA) has maintained a significant level of regulatory lobbying to guarantee the integrity of the industry. Furthermore, the rapid expansion of the fantasy sports market is being actively facilitated by the global increase in smartphone utilization and the strengthening of online gaming regulations.

Future Outlook

Fantasy Sports Market Future Outlook

The Fantasy Sports Market is projected to grow at a 14.5% CAGR from 2024 to 2035, driven by technological advancements, increasing user engagement, and expanding demographics.

New opportunities lie in:

  • Development of AI-driven analytics tools for player performance insights.
  • Expansion into emerging markets with localized fantasy sports platforms.
  • Partnerships with major sports leagues for exclusive content and promotions.

By 2035, the Fantasy Sports Market is expected to be robust, reflecting substantial growth and innovation.

Market Segmentation

Fantasy Sports Market Platform Outlook

  • Web-based
  • Mobile Applications
  • Social Media

Fantasy Sports Market Game Type Outlook

  • Daily Fantasy Sports
  • Season-Long Fantasy Sports
  • Weekly Fantasy Sports

Fantasy Sports Market Participants Outlook

  • Casual Players
  • Professional Players
  • Fantasy Sports Enthusiasts

Report Scope

MARKET SIZE 202432.86(USD Billion)
MARKET SIZE 202537.63(USD Billion)
MARKET SIZE 2035145.76(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)14.5% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesIntegration of augmented reality and artificial intelligence enhances user engagement in the Fantasy Sports Market.
Key Market DynamicsRising consumer engagement and technological advancements drive competitive dynamics in the Fantasy Sports Market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Aarti Dhapte
Team Lead - Research

She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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FAQs

What is the current valuation of the Fantasy Sports Market as of 2024?

The Fantasy Sports Market was valued at 32.86 USD Billion in 2024.

What is the projected market valuation for the Fantasy Sports Market in 2035?

The market is projected to reach 145.76 USD Billion by 2035.

What is the expected CAGR for the Fantasy Sports Market during the forecast period 2025 - 2035?

The expected CAGR for the Fantasy Sports Market during 2025 - 2035 is 14.5%.

Which companies are considered key players in the Fantasy Sports Market?

Key players include DraftKings, FanDuel, Yahoo Fantasy Sports, ESPN Fantasy, CBS Sports Fantasy, Sleeper, Fantasy Premier League, MyFantasyLeague, and Fantrax.

How does the market segment for Daily Fantasy Sports perform in terms of valuation?

The Daily Fantasy Sports segment was valued at 10.0 USD Billion in 2024 and is projected to grow to 45.0 USD Billion by 2035.

What is the valuation trend for Season-Long Fantasy Sports from 2024 to 2035?

Season-Long Fantasy Sports had a valuation of 15.0 USD Billion in 2024, expected to rise to 65.0 USD Billion by 2035.

What are the projected valuations for Mobile Applications in the Fantasy Sports Market?

Mobile Applications were valued at 15.0 USD Billion in 2024 and are anticipated to reach 65.0 USD Billion by 2035.

What is the market size for Fantasy Sports Enthusiasts as participants?

Fantasy Sports Enthusiasts were valued at 14.86 USD Billion in 2024, with projections of 65.76 USD Billion by 2035.

How do Casual Players compare to Professional Players in terms of market valuation?

Casual Players had a valuation of 10.0 USD Billion in 2024, while Professional Players were valued at 8.0 USD Billion.

What platforms are driving growth in the Fantasy Sports Market?

Web-based platforms were valued at 10.0 USD Billion in 2024, with expectations to grow to 45.0 USD Billion by 2035.

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