The way we play games has completely changed with technology. It’s not just about playing on the field anymore; it’s about having fun and enjoying games in new ways.
One of the fantastic outcomes of technology is fantasy sports. It started as a simple game among friends to pass the time, and now, it has become a billion-dollar business that attracts millions of sports fans worldwide. However, businesses who want to join this stream might doubt the possibility of gaining profit in this industry as there is too much competition in this field.
To know the reliability of this field and industry as well as how fast Fantasy Sports is growing globally and in India, you can read this article till the end and get your answers. Most Importantly, starting a business requires reliable and trusted partners. Therefore, being one of the leaders in Fantasy Sports Data Provider, how Entity Sports can fulfill all the requirements, with all the numbers and figures of the market, every detail is included in this article. So keep reading it till the end.
Understanding Fantasy Sports: It’s Like Building Your Dream Team
Fantasy sports are online games where you create a virtual team of real players you like. You earn points based on how these players perform in real-life games. It’s like building your dream team and seeing how they do in actual matches. Many people play against each other, making it a game of skill.
Why Fantasy Games Are Becoming So Popular?
Fantasy games are gaining popularity worldwide because they add excitement to watching sports. Unlike before, where people were just passive watchers, fantasy games make you an active part of the action. It makes watching games more fun and engaging.
Before fantasy sports, understanding a game was not easy. Fantasy games changed that by making it simpler for people to follow and enjoy matches. This connection and excitement are drawing more and more people into the world of fantasy sports.
Fantasy Sports: A Billion-Dollar Business on the Rise
The rise of affordable smartphones and easy access to the internet has given fantasy games a massive boost. Millions of people worldwide are already playing, and the industry is making over $1.5 billion each year. This number is expected to grow even more in the future.
Is Fantasy Sports Legal? Absolutely!
You might wonder if playing fantasy sports is legal. The good news is that it is legal worldwide. If it wasn’t, governments would have banned it by now. Many governments have even said that fantasy games are skill-based, not gambling.
While governments don’t regulate them yet, it’s likely to happen soon. Fantasy sports have the potential to generate a lot of revenue for the government.
The Bright Future of Fantasy Games
The future looks bright for fantasy games. Experts predict that the number of users will double, and the revenue will increase fivefold. Investors and brands are jumping on the trend, making fantasy sports even more exciting.
Why Choose Entity Sports for Fantasy Fun?
Enter Entity Sports, a game-changer in providing sports data. It’s here to make things easier and more affordable for you. Entity Sports offers great prices for its quality Sports API. They cover major and minor matches, making it easy for developers. With different plans to choose from, Entity Sports is your go-to for fantasy fun.
Moreover, the rise of this industry in numbers is also commendable which is also the very reason to invest in this market and Entity Sports for a substantial growth of your Fantasy Sports business. Let’s get an instance of the current and future possibilities of the Fantasy Sports Market and its growth that can help you consider doing a partnership with Entity Sports and their Fantasy Points API service.
Fantasy Sports Market in Numbers
The global fantasy sports market is set to grow by 13.8% each year from 2023 to 2030, reaching a whopping $76.51 billion by 2030. In India, the market is projected to grow at a similar rate, hitting $72.06 billion by 2030. The revenues from fantasy sports in India tripled to ₹6,800 crore in FY22, and it’s expected to keep growing.
Fantasy gaming in India is booming. The industry could reach a staggering $3 billion in revenue by 2027. The user base is expected to triple from 180 million to 500 million. This growth is attributed to the easy accessibility of fantasy games, their convenience, and benefits, improving digital infrastructure, and the widespread use of smartphones.
The Power of Sports Data Feeds
To make fantasy sports even better, sports data feeds provide analytics about players, stadiums, events, and more. This information enhances the gaming experience. For example, you can get data about player performance, details about stadiums, events happening on and off the field, and the overall game environment. Entity Sports provides all these features in their different Sports APIs. Let’s get to know more about how you can use Entity Sports API service to use in getting your business started and grow in the Fantasy Sports Market.
Building a Fantasy App: A Smart Business Move
Creating a fantasy sports app is a smart move. It helps you build a customer base, improve relations with customers, increase brand visibility, and create a loyal audience. It’s a business venture with low investments and high profit potential.
Why Entity Sports’ Fantasy Points Data Is Your Best Bet?
Entity Sports covers over 800 competitions and 50,000 matches each year, making it a reliable sports data provider. Their Fantasy Points API offers accurate and real-time data for sports publishers and fantasy apps. Reasons to choose Entity Sports include comprehensive data coverage, accuracy, easy integration via easier documentation, and a seamless solution for accurate data across various sports.
Plus the experience Entity Sports brought to you in the form of the most trusted Sports Data Provider through APIs in India. The young, talented, and experienced team of data analysis provides an edge to the accuracy of the Fantasy Points and sports data. From the collection of data to the delivery to the clients, the data is processed through various stages of structured refining for the best results. You can trust the process and reliability of Entity Sports’ Fantasy Points Data as some of the biggest fantasy sports brands like MPL, Fantasy Akhada, and Myteam11, are doing the same. That is why Entity Sports’ Fantasy Points Data is your best bet in this fastest-growing market of Fantasy Sports.
In the growing era of fantasy sports, Entity Sports stands out as a reliable, accurate, and innovative choice, making your fantasy sports experience even more enjoyable. Get ready for a whole new level of fun with Entity Sports!