As individuals, we are fond of sports, and somehow we have also been fans of our favorite players. This craze for players is ever ending, and we all become even more addicted to them. What if you are given an opportunity to own your favorite players in a team to play a game? This is something surreal that is beyond our imagination. This is what a fantasy sports app does to sports enthusiasts.
Would you like to start your own fantasy sports app? Then, do not miss reading out on this blog that deals with sharing insights on developing a reliable Fantasy sports app for the users.
A Glimpse about the market of fantasy sports app
The fantasy sports apps are nothing but gaming apps where the players and teams are created, which can be purchased by the users. The users can purchase the players and create their own teams to participate in matches. By creating teams, the users will participate in one-to-one matches with others.
The fantasy sports app market is expected to grow from $20.36 billion in 2020 to $22.31 billion in 2021 at a CAGR of 9.5 percent. There are chances that it will reach $38.60 billion by 2025 at a CAGR of 14.7 percent.
How to proceed with your fantasy sports gaming development?
There is an abundance of app development firms involved in developing gaming and sports apps. You have quite a lot of gaming options like cricket, soccer, etc. From there, you can either select one to more as a genre for your app. Approach the app developers with predetermined goals.
Summing up,
The gaming market looks convincing for you to step into the industry. So, get ready with your app to storm the gaming market.
Are you an entrepreneur who’s looking to make a splash in the world of application development?
Are you in hopes of making a large profit in a robust industry?
Well, fantasy sports app development might be just what you’re looking for.
The world of fantasy sports has seen an explosion in growth in recent years due to a multitude of reasons such as cheaper mobile phones, falling prices of the internet and such.
This has opened the door for opportune investment from all venues of society.
Fantasy sports are no longer seen in a negative light due to their misrepresentation as a form of gambling.
Fantasy sports is a multi-billion dollar industry.
If you are an entrepreneur keen to develop the most money-spinning platform, then get your hands on the fantasy sports app development without any doubt.
Cost of developing a fantasy sports appThere are two effective ways to build your dream app.
Let’s discuss the cost as well as the time consumption of both methods in the upcoming passages.
Develop from scratchDeveloping a fantasy sports app from scratch requires a hard-headed development team.
It costs around 5000 to 2000 dollars based on the complexity of the app.
No matter how many games strike the Play Store, people will never get bored of entertaining themselves with new games.
With this evidence, we shall proceed with the latest trends in the online gaming industry and how people are extending their patronage.
The latest online game that deserves the attention of people is fantasy sports apps.
The game gained popularity within a short extent of time with its avant-garde features like real-time scores, leaderboards, player statistics, and multiple tournaments.
Yes, as people are being confined to their homes for the major part of the day, online games are the bore-busters.
The fantasy games will definitely enrapture users as the app lists several apps like cricket, football, basketball, soccer, rugby, kabaddi, horse racing and tennis.
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.
Usage of fantasy sports app has raised to its extent in recent times.
This is because, cricket enthusiast expressed their love towards their beloved game by downloading a new fantasy sports app and signing up in it.
Moreover, they are looking forward to earn real money by utilizing their knowledge in the game.
As a result of this, several sports app like dream11 experienced an exorbitant growth in the fantasy sports betting app industry of India.Here with I have come upon with some astonishing facts & figures through which you can analyze the growth of fantasy sports betting app in IndiaAwareness of fantasy sport has recorded more than 65% in metro cities of India and 70% in non-metro cities.User engagement has raised from 4 crores to 8+ crore in the last few years.2/3 of the overall population in India are familiar with fantasy sports betting appWhile considering overall India, 66% of people in North India use these fantasy sports app, 60% in south India, 63% in West & 60% in Eastern part of IndiaMore than 90% of users are preferring mobile phone or tablets for playing.81% of the fantasy sport users are males and 19% are females.30% of users who are playing sports betting app are young males aged between 18 - 25 years.70% of users using fantasy sports app are between 26 to 36 yearsThis is why some major players like Dream11, MPL are generating billions and standing as the leaders of Indian Fantasy Sports Industry.
If you wish to become as a next Dream11 or MPL in fantasy sports Industry?Reach us to make your dream alive.Being a reputed sports betting app development company, MacAndro provides all types of sports betting game apps with extreme quality integrated with top class features.
Right from sports betting app like dream11 to multigaming fantasy sports app like MPL, MacAndro delivers all type gaming apps according to the client’s business requirements.Why Choose MacAndro?We at MacAndro design & develop sports betting game app/website integrated with blockchain technology.
