LONDON– (BUSINESS WIRE) -#entertainment–The fantasy sports market is expected to post a CAGR of close to 12% during the period 2018-2022, according to the latest market research report by Technavio. Request a free sample report


The launch of the fantasy sports market is a major driver for fantasy sports market growth. Fantasy sports applications enable rich, comfortable, and better game experience. These applications allow players to join public leagues, create a private league, offer performance tracking, player rankings, material design, projections, mock drafts, and other features. The market for digital fantasy sports market size.

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As for Technavio, the use of fantasy sports for brand promotion will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report will also be used to monitor market trends over 2018-2022.

Fantasy Sports Market: Use of Fantasy Sports for Brand Promotion

The use of fantasy sports for brand promotion is identified as one of the key fantasy sports market trends that will drive market growth. Several big brands are focusing on using fantasy leagues to market their products. These global brands use fantasy sports for promotion mainly to target high-income customers in the age range of 25 to 50 years. The influence of advertisers is expected to continue over the next few years and promote market growth.

"A senior analyst at Technavio says," A senior analyst at Technavio says, "Factors such as the popularity of e-sports, and the emergence of blockchain technology and cryptocurrencies in fantasy.

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Fantasy Sports Market: Segmentation Analysis

This market research report segments the fantasy sports market by type (fantasy soccer, fantasy baseball, fantasy football, fantasy basketball, and other sports) and geographical regions (APAC, EMEA, and Americas).

The Americas led the market in 2017, followed by EMEA and APAC respectively. The dominance of the United States of America.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and providing actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market research to identify opportunities in existing markets and to assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: + 1 844 364 1100
UK: + 44 203 893 3200
www.technavio.com

Source BUSINESS WIRE

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