A dive into the industry of fantasy football app

Posted by Kathy anderson on March 20th, 2020

If you consider the recent market reports, the Fantasy sports industry worldwide is set to ,174.8 million within three years.  This is due to the genuine fan following for sports worldwide. The increase in the usage of technology gave birth to the rise of several other fantasy sports platforms and video games. The increase in online viewers and the popularity of fantasy sports has triggered various opportunities for entrepreneurs in the market. One such opportunity is the fantasy football app development since it allows people to create their own fantasy league, which will be based upon live matches.  

What is a fantasy football app?

It is a game in which anyone can participate and choose a team for themselves. you can also start building a team with the real players from different teams in the tournament. The situation of a win or lose depends upon the performance of the players. So investing in this business is a gold mine as it has grown to become a religion worldwide. It is addressed so because of the 4 billion fans for football all over the world. So, the possibilities become unlimited due to the immense loyalty of the fans.

Statistics of fantasy football app industry :

The fantasy football app statistics indicate that the engagement of the users will never go down. US and Canada showcased a combined growth of 45.9 million in the year 2019. Though several laws have been in the US by 17 states in the previous year, they had no impact on the fantasy sports industry. Even though there are several other sports in a fantasy sports app, a survey that was conducted on the users of a fantasy sports app stated that 87 percent of them chose to play the same sport every year. In other terms, most of them chose football over the other sports due to opportunities and the popularity of the game.

 

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Kathy anderson

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Kathy anderson
Joined: February 27th, 2020
Articles Posted: 8

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