There are many opinions that vouch why it is the best time to invest in a Fantasy Sports App Development business, as it's a platform is hugely popular, and also with increased usage of smartphones and many people are participating in it.
If you are planning to invest in fantasy sports app development, Let's find out the development cost, team required to develop a fantasy app like Fanduel or Dream11.
Synarion IT is one of the best fantasy sports development company, we export to deliver seamless fantasy sports software development solutions with advanced features.
Our fantasy sports mobile app development services including Football, Basketball, Hockey, Autoracing, Cricket, Golf, etc.
Flexible Services will help you to emerge in the world of fantasy sports apps at a budget-friendly price.
Along with this, we have years of experience in fantasy sports web and app development and we deliver enrich fantasy solutions.
Want to know the cost to develop a fantasy sports betting app like dream 11?
Get a complete guide on how to build a fantasy sports app like dream 11 from WebClues Infotech.
Everyone has their own choice when it comes to sports, Some like Cricket whereas others like Basketball, Tennis, Soccer or Football.
As per this report, we can take an idea about the popularity of Fantasy Sports App and Website Development.Around 89% of users play Fantasy Sports in a month.As per the Market Watch, America is leading in the market share of Fantasy Sports with 58% in 2017 and Europe comes second in the list with a market share of 14% share in 2017.
Due to its higher demand for Fantasy Sports Cricket Website around the globe, the development of a Fantasy Sports Website like Dream 11 is the smart investment.Why Investing in a Fantasy Sports Software Development is a great idea?Business GrowthFrom a business point of view, Fantasy Sports Software Development is worth investment as you can see instant growth in the market in just a couple of years.Easy FundingThe fantasy Sports business is a billion-dollar business.
Also, new users can add referral code, if they are referred by their friends or family members.
After that, the user can choose a contest of his choice and can join the match.Join the Contest:In this way, the user can join the contest after paying the required fees.Payment Options:Users can pay their contest fees by using Debit Card/ Credit Card/ Payment Wallets/ or using referral cash or bonus points.Create Your Contest:With a single tap on your smartphone, users can easily create their own contents by adding the relevant details like Contest Name, Total Winning Amount, Contest Size, allow multiple teams (Y/N), Entry Fees.
Here users can edit their selected players and filter search by their categories like upcoming matches, live scores, and results.Dashboard or Profile:In this you will see your personal details, earned amounts, reward points; you can add card details for adding payment, Accounts details and can withdraw an amount that you have in your account.
Over the past half of the decade, fantasy games have risen to prominence.
While they have achieved strong numbers in the United States and Canada, much of the growth is expected to happen in the Asian countries, especially India.India as a marketIndia is a country with a massive population with considerable education among people to handle a smartphone.
The cost of internet access is relatively low in India, and the biggest chunk of internet users belong to the age group between 18 and 34.Fantasy leagues and IndiaFantasy leagues are driven by a passion for a particular sport, and when it comes to a country like India, cricket can be compared to a religion.
Such is the intensity of the passion for the game in this country, and it has trickled down to other games like soccer and kabaddi as well.Dream11 – The fantasy game app for cricketApps like Dream11 have set the standards for fantasy gaming applications in India.
While the revenue might be comparable to what is netted in the United States and Canada, credit has to be given to the application for capitalizing on the right market with the right strategy.The legal statusIt is quite well known that sports betting and gambling are illegal in India.
However, the Supreme Court of India has ruled in favor of this particular application, stating that fantasy sports are more of a game of skill than probability.Playing a fantasy sport requires a lot of time.
Fantasy sports app is a vast territory which is still being explored by entrepreneurs all over the world.
It is basically an online platform used to play online leagues for various sports like football, cricket, hockey, kabaddi, and more.
Nowadays people prefer to do almost everything that is possible to do on a mobile device.
So the fantasy sports app serves as an online platform for them to play with their favorite team and can earn real money.
To dive deep into the fantasy sports app development one needs to know why they need to develop a sports fantasy app.
From a recent study it has come to light that 90% of the users play fantasy sports at least once in a month.