As we all know, sporting apps and websites have been a crucial part of our industry and completely dominating the market for a very long period. Fantasy sports are among one of the top apps that are used all across the globe. In the sports industry, it is one of the most revolutionary moves.
According to the report of Forbes, The American national football league is one of the top fantasy apps in the US. It is expected that the market of fantasy sports is going to reach 352.9 billion by 2021 all cross the globe. If we talk about Asian countries, then India is currently in the top position that has an enormous fan following of fantasy apps.
So, here in this article, we will discuss the impact of fantasy sports and how it is dominating the market.
The future of fantasy sports apps does seem so much promising in India as a comparison to any other Asian Country. Cricket is indeed one the most popular game in India and most of the people eager to play it. Hence, there is no doubt that there is going to be a dignified rise of cricket in the industry. Some of the top popular league in India include ISL or Indian Super League, Pro Kabbadi League, Indian Badminton League, and so on. These leagues are also capturing massive attention of people due to the television viewership.
Market Overview of Fantasy sports apps in India
No wonders, the market of fantasy sports rising on a ladder of users and followers in India. According to the report, approximately more than 18 crore cricket fans of India are using fantasy sports apps. As per the estimated report, currently, more than 7 million people are connected to the industry.
There are some other popular games such as football and Kabbadi, that has also a vast amount of fan following. Every single year, the growth rate of fantasy sports is escalating about 30 to 50 percent. In the coming years, it is expected that the number of followers would cross 50 million.
The evolution of fantasy sports
The Internet has transformed fantasy sports, and it is one of the grand financial success stories in the history of professional athletics. Before the Internet, you compiled your fantasy stats from Monday morning’s USA Today, or you hired a stat service to fax you a weekly report. But then the Internet came, and it changed all the things beautifully. It also gave birth to fantasy sports app development companies building several fantasy sports app.
Immersion in the game escalated
One of the significant aspects of the fantasy sports app is that it increases the immersion of people in the game. Now many businesses are investing in building a fantasy sports app. And, every app development company are striving hard to create a powerful app for their esteemed clients so that they can compete in the market and stand as a leader. Businesses are coming up with new and innovative fantasy sports app ideas to attract players to their respective apps. Fantasy sports app enable players to interact and compete with other players all over the world. The development of fantasy apps improving the immersion of players and also their sense of enjoyment with big rewards and gifts.
Adding new technology in the game: AI
We all know the fact that how Artificial Intelligence is ruling in the market. And how businesses are leveraging the potential of AI in every sector. Fantasy sports apps massively rely on AI for statistics because playing a fantasy sport required to analyze the current statistics of a team and its players. The analyzed data will be correlated with the app’s real-time details. The analyzed data includes deep-research data such as the player’s intellect and endurance, which helps users to compare the performance of players with other players. This can change a game to a significant level.
With the help of AI, companies can provide excellent opportunities for the players and also predict their future usage of the app. Companies are incorporating AI to guide the user efficiently.
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