Initiating a fantasy sports app can be a difficult task without a persistent understanding of the market.
If you are eager to know about fantasy sports statistics, then this place is for you.
We know well that market research plays an important role in developing an app and here we are with the ultimate guidance over the current scenario related to fantasy sports statistics.
Shall we begin the journey?
Key Fantasy Sports Statistics: Takeaways
Here, we will begin by pointing out some of the key fantasy sports stats that are important to note.
- The global market for fantasy sports was USD 20.30 billion in 2022 and is expected to grow at a compound rate of 14.1% from 2023 to 2030.
- From 2015 to 2022, the number of players of fantasy sports apps within the United States increased from 42 million to 50.4 million.
- The global fantasy sports market size is expected to reach USD 89.92 billion by 2032.
- According to a survey, 23% of Americans aged 18+ participate in sports betting. In addition, 19% of Americans aged 18+ have participated in fantasy sports.
- The Fantasy Sports market size was valued at USD 25.1 billion in 2022. The market is projected to grow from USD 28.7 billion in 2023 to USD 84.9 billion by 2032.
- In 2022, there were 29.2 million players in the United States who participated in Fantasy Football.
These were the common statistics that should be noted and can be taken forward while developing an app.
Fantasy Sports Market Statistics
In this section, you will learn about general and basic fantasy sports market statistics.
Here are certain points to consider.
- The market size of fantasy sports is estimated at USD 32.75 billion in 2024 and is expected to reach USD 62.58 billion by 2029 which is growing at a CAGR of 13.83% during the forecasted period from 2024 to 2029.
- The growing smartphone segment and the feasibility of using the internet have provided a vast opportunity for the fantasy sports market. The annual growth of the market is expected to increase by 3.53% with a CAGR from 2024 to 2028.
- The global fantasy sports market size was valued at USD 27.20 billion in 2022 and is expected to grow to USD 87.07 billion by 2031.
- According to a report by Yahoo Finance, the global fantasy sports market size is also estimated to reach USD 56.36 billion by the year 2030.
Now that you have learned about the basic stats and key points, it is evident to learn about app stats and their demographics.
Fantasy Sports Demographics
Want to know the number of users based on age and other criteria using fantasy sports apps?
Well, here you will find it all about fantasy sports demographics.
1. Age-Based Demographics
- In 2022, it was found that there were 62.5 million people playing fantasy sports in the USA and Canada.
- In the current era, 23% of Americans aged 18 and above participate in sports betting and 19% of them above the age of 18 use to participate in fantasy sports.
- Of those, 48% are between the ages of 18-34 and 65% make money more than $50,000.
- More than half of players aged 25-44 have played fantasy sports in the last year.
2. Income-Based Demographics
- Within the survey of 2021, it was found that the most common household income bracket among fantasy sports fans was between 50 and 100 thousand U.S. dollars. The data was collected from 43% respondents who fit into a range of demographics.
- Additionally, 23% of participants were from households that earn more than 100 thousand U.S. dollars and are fantasy sports players.
- More than half of the players are US adults with a gross household income of US $80,000.
3. Gender-Based Demographics
- According to the 2023 survey’s demographics, 64% of males and 35% of females are engaged in fantasy sports.
- Based on a 2021 survey, the majority of fantasy sports players within the United States were male, however only one-fifth of fantasy sports players within the country were women.
- In addition to this, a survey in 2019, found that 81% of players were male and 19% were female.
Fantasy Sports Statistics Based on Sports Types
Now, as we covered the area of revenue and demographics within the fantasy sports industry statistics, it is essential to evaluate the different types of sports and the number of people playing them.
The given information is related to fantasy sports industry statistics where you will find the best-advanced stats for fantasy baseball, and other related sports.
1. Football Fantasy Sports
The majority of people in the world have played fantasy sports football in the past 12 months. Among them, 17% were NFL fans, 8% were MLB fans and 7% were playing Fantasy NHL as per fantasy football demographics.
29.2 million people within the United States play this sport. Fantasy sports is the most popular sport worldwide and in the United States alone, 79% of fantasy sports participants play football. Alone Fantasy Premier League had over 11.4 million players in the 2022/23 season.
2. Fantasy Sports Basketball
Fantasy sports basketball is quite popular in North America and around 32% of participants play it. The sport has around 32% participants due to which NBL fantasy has its global fan base.
11% have played in the NBA and the United States presents a great growth of players who love to play basketball but also seem to be less interested in playing their favorite game as per daily fantasy sports statistics.
3. Fantasy Baseball
More players are engaged in fantasy baseball than in basketball and football. There are around 22% fantasy sports participants playing fantasy baseball with significant participation within the United States as per fantasy baseball stats.
Within daily fantasy sports, a surge has been observed among players. Based on fantasy baseball statistics, the game teaches the art of patience, which acts as the philosophy behind playing the game in 2024.
4. Fantasy Hockey
Fantasy hockey is less popular than baseball, football and basketball and has around 12% participants around the world.
However, it has a loyal fan following which is majorly in countries where ice hockey is a major part including in Canada and other parts of Europe.
5. Fantasy Cricket
Moving to the eastern part of the world to India. One of the most famous sports is Fantasy cricket. With a population of 1.3 billion people, 50% of these people are cricket lovers.
Dream 11 is the most popular fantasy sports game that helps users to build their own unique 11-player team for the IPL where people can find real-world cricket players with their respective statistics.
After learning different game statistics, it is important to know the types of apps used and the number of players indulging in playing such games.
Head on to the next section to learn the same.
Fantasy Sports Platform Wise Usage
Until now, we have discussed general statistics, information based on revenue, demographics, and types of fantasy sports fan base.
Now, in the further fantasy sports market report you will find related app data that also represents the number of their downloads.
► ESPN Fantasy Sports App
ESPN fantasy is the foremost among fantasy sports that contain a comprehensive portfolio of award-winning games and content with more than 20 million players across mobile, audio, streaming video, and web.
► Yahoo Fantasy Sports
One of the major players in the fantasy sports world is Yahoo Fantasy which offers a similar range of sports as ESPN. There are approx. 10 million players on the platform who play a variety of games. Here you can find multiple sports including basketball, baseball, and others.
► DraftKings
The platform has approx. 8 million players and is one of the leading fantasy sports apps that offers a wide range of sports and contests. This number of players is increasing due to its variety of services where they can play several games including hockey, baseball, basketball, football, etc.
► FanDuel
It has been among the largest platforms in the past years. It offers top DFS sports and due to this, there are around 12 million people. These contests, along with a variety of other sports, make it among the favorite platforms of the fantasy sports enthusiast.
► Sleeper
The sleeper has grown in popularity due to its innovative features and excellent user experience. They offer traditional season-long leagues and DFS contests where millions of users participate globally. The platform engages such a great number of users due to its effective user interface.
► Underdog Fantasy
Several million people are connected to the platform. This app offers effective best-ball tournaments and contests. The platform boasts of its user base, its successful content parameters and by expanding the number of offerings.
Bonus Read: Best Fantasy Sports Apps
After learning about the number of players indulging within different apps, are you wondering to know about its penetration statistics?
The next section can help.
Fantasy Sports Platform Penetration Statistics
Fantasy sports have become a global phenomenon, engaging millions of users across various regions. The penetration of these platforms varies significantly, influenced by factors such as popular sports, internet penetration, and legal landscapes.
Here’s a detailed look at the penetration of fantasy sports industry statistics platforms in different regions around the world.
A] North America
Fantasy sports have a significant presence in North America, particularly in the United States and Canada.
The region boasts the highest penetration rates globally, with millions of active users participating in various fantasy sports leagues. According to the Fantasy Sports & Gaming Association (FSGA), approximately 60 million people in North America play fantasy sports, with a substantial portion participating in daily fantasy sports (DFS).
Platforms such as DraftKings and FanDuel dominate the market, offering a wide range of sports and contests.
- User Statistics: As of 2023, the FSGA reports that around 20% of the US population participates in fantasy sports.
- Market Value: The North American fantasy sports market was valued at over $8 billion in 2022 and is expected to grow at a CAGR of 10% through 2027.
- Key Drivers: The legal landscape has been favorable, with the US Supreme Court’s decision to allow states to legalize sports betting further boosting the industry’s growth. The availability of high-speed internet, widespread use of smartphones, and a strong sports culture contribute to the high penetration rates in North America.
B] Europe
In Europe, the penetration of fantasy sports platforms is growing steadily, driven by the popularity of football (soccer), which is the dominant sport in the region.
Countries like the United Kingdom, Germany, Spain, and Italy have seen substantial growth in fantasy sports participation.
Platforms such as Fantasy Premier League have gained significant traction, attracting millions of users.
- User Statistics: The Fantasy Premier League alone has over 8 million registered users as of the 2023-2024 season.
- Market Value: The European fantasy sports market was valued at approximately $3 billion in 2022, with a projected growth rate of 8% annually.
- Key Drivers: The European market is characterized by a strong affinity for traditional season-long fantasy leagues, though daily fantasy sports are also gaining popularity. The rise of digital platforms, increased smartphone usage, and the integration of fantasy sports with major football leagues have propelled the industry’s growth.
C] Asia-Pacific
The Asia-Pacific region is emerging as a significant market for fantasy sports platforms, with countries like India, Australia, and Japan leading the charge.
The popularity of cricket in India has fueled the growth of fantasy sports, with platforms like Dream11 and MyTeam11 attracting millions of users.
- User Statistics: Dream11 alone has over 100 million registered users as of 2023.
- Market Value: The fantasy sports market in India was valued at $2.5 billion in 2022, with an expected CAGR of 32% through 2025.
- Key Drivers: The market’s rapid expansion is driven by the widespread use of smartphones, increasing internet penetration, and a young, tech-savvy population. In Australia, fantasy sports are primarily centered on Australian Rules Football (AFL) and cricket, with platforms such as SuperCoach and Fantasy Big Bash League being popular.
D] Latin America
Fantasy sports are gradually gaining traction in Latin America, with countries like Brazil, Argentina, and Mexico showing increased interest. Football (soccer) is the dominant sport in the region, and fantasy football platforms such as Cartola FC in Brazil are particularly popular.
- User Statistics: Cartola FC has over 10 million active users.
- Market Value: The Latin American fantasy sports market was valued at $1 billion in 2022, with an anticipated growth rate of 12% annually.
- Key Drivers: The rising internet penetration, increased smartphone usage, and a passionate sports culture are the driving factors for the growth of fantasy sports in Latin America. Local and international fantasy sports platforms are beginning to tap into this market, offering localized content and contests to attract users.
E] Middle East and Africa
The Middle East and Africa (MEA) region presents a burgeoning market for fantasy sports platforms, although it is still in its early stages of development. Countries like South Africa, Nigeria, and the United Arab Emirates are showing increasing interest in fantasy sports, particularly football (soccer).
- User Statistics: Fantasy Premier League has a growing user base in the MEA region, with several hundred thousand users.
- Market Value: The MEA fantasy sports market was valued at $500 million in 2022 and is expected to grow at a rate of 15% annually.
- Key Drivers: The MEA market is characterized by a young, digitally-connected population with high smartphone penetration and a strong social media presence. The region’s diverse sports culture, including interest in sports like cricket, rugby, and basketball, provides opportunities for a variety of fantasy sports offerings.
Fantasy sports platforms continue to expand globally, leveraging the unique sports cultures and digital landscapes of each region to drive growth and engagement.
Future Trends Fantasy Sports Statistics
Here are certain future trends that need to be considered to develop a fantasy sports app.
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Market Growth
The global fantasy sports market is projected to grow at a CAGR of around 13% from 2021 to 2027. The market size, which was valued at approximately $20.4 billion in 2021, is expected to reach $38.6 billion by 2027.
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User Base Expansion
The number of fantasy sports users worldwide is expected to increase significantly. For instance, in the United States alone, the user base is projected to grow from 59.3 million in 2019 to 100 million by 2025.
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Mobile Penetration
Mobile fantasy sports apps are seeing increased usage, with more than 70% of fantasy sports players using mobile devices to participate. This trend is expected to continue as mobile technology becomes more advanced and accessible.
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Emerging Markets
The fantasy sports market is expanding beyond North America into emerging markets such as India, China, and Brazil. In India, for example, the market is expected to grow at a CAGR of over 30% from 2021 to 2026.
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Integration with Betting
There is a growing trend of integrating fantasy sports with sports betting, especially in regions where sports betting is legalized. This integration is expected to drive user engagement and market growth.
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Technological Advancements
The use of AI and machine learning in fantasy sports platforms is enhancing the user experience by providing personalized recommendations, real-time analytics, and advanced data visualization. These technologies are expected to become more prevalent in the future.
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Esports Fantasy Leagues
The rise of esports is leading to the creation of fantasy leagues for esports tournaments. This niche is expected to grow rapidly, attracting a younger demographic and diversifying the fantasy sports market.
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Enhanced User Engagement
Platforms are increasingly focusing on user engagement through interactive features such as live streaming, social networking, and gamification. These features are expected to become more sophisticated and integral to fantasy sports platforms.
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Regulatory Developments
The regulatory landscape for fantasy sports is evolving, with more regions developing frameworks to govern the industry. Clear and supportive regulations are likely to encourage market growth and user trust.
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Sustainability and Ethical Gaming
There is a growing emphasis on sustainability and ethical gaming practices within the industry. Companies are focusing on responsible gaming initiatives to ensure the well-being of their users.
Now, if you desire to develop an app, connect with an experienced company.
How Can Nimble AppGenie Help You to Build a Fantasy Sports App?
A team can help you to make your dream app come alive. All you need is a team that understands the values of integrating users’ demands and client’s values.
Well, if you bothered to find such a team of experts, there is no need to search anywhere else.
Connect with Nimble AppGenie, the best Fantasy Sports App Development Company that knows the importance of budget, value dreams, and is effective in using market stats for dream apps.
Conclusion
Fantasy sports industry statistics represented the stats related to multiple factors and it can be stated that there is a vast measure of growth in the future for fantasy sports. The demographics represented that people aged above 18 are more indulged in fantasy sports.
Additionally, football is the most played fantasy sport of all. The penetration rate of fantasy sports is high in North America, Europe, Asia, Latin America, and the Middle East.
The future trends of fantasy sports include technological advancements, user base expansion, mobile penetration, emerging markets, and esports fantasy leagues. An experienced company can help you to develop a fantasy app of your dreams.
FAQs
The global fantasy sports market was valued at approximately USD 20.30 billion in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 14.1%, reaching USD 89.92 billion by 2032.
The number of fantasy sports players in the United States increased from 42 million in 2015 to 50.4 million in 2022. This growth indicates a steady rise in the popularity of fantasy sports among Americans.
The most active age group in fantasy sports is between 18-34 years, with 48% of players falling within this range. Additionally, more than half of players aged 25-44 have participated in fantasy sports in the past year.
According to a 2021 survey, 43% of fantasy sports players in the U.S. come from households with an income between USD 50,000 and USD 100,000. Additionally, 23% of participants come from households earning more than USD 100,000.
In 2023, approximately 64% of fantasy sports participants were male, while 35% were female. Historically, the majority of fantasy sports players have been male, but female participation is gradually increasing.
North America, particularly the United States and Canada, has the highest penetration rates, with around 60 million players. Europe follows, driven by the popularity of football (soccer), with platforms like Fantasy Premier League having over 8 million users. Emerging markets like India are also showing rapid growth, primarily due to cricket, with platforms like Dream11 attracting over 100 million users.
Niketan Sharma is the CTO of Nimble AppGenie, a prominent website and mobile app development company in the USA that is delivering excellence with a commitment to boosting business growth & maximizing customer satisfaction. He is a highly motivated individual who helps SMEs and startups grow in this dynamic market with the latest technology and innovation.
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