What Are The Benefits To Invest In A Fantasy Platform In 2021

15 Mar What Are The Benefits To Invest In A Fantasy Platform In 2021

A fantasy sport also rarely known as ‘Roto’ or ‘Rotisserie’, is a game often played online. In this type of game, there are virtual teams comprised of proxies of real players of a professional sport or the participants who gather imaginary. These teams play depending on the graphical performance of the actual players.

The craze of Cricket & Football has increased manifold in the past years. Especially after the Covid-19 pandemic, when the games have resumed, these sports fans are filled with zeal. In this scenario, the fantasy sports platform acts as a cherry on the cake for sports enthusiasts.

Even the stats related to fantasy sports app justify it as follow:

• More than 85% of Indians prefer to play on such apps.
• The age group of 18-34 years constitutes 50% of the game lovers.
• By 2025, the global fantasy sports market size is expected to rise up to $29870 million.
• Sports enthusiasts comprise 19% of females and 81% of males.
• 7% of the Indian crowd prefer to play it on desktop.
• Around 47% of the gamers make money more than $75000.
• In the past 2 years, Dream11 which is India’s biggest fantasy game channel has risen from 60 lakhs to a turnover of above 6 crores.

Let’s understand why is the buzz of Fantasy sports game app in 2021

WHY 2021 IS THE BEST TIME TO INVEST ON A FANTASY SPORTS PLATFORM

1.T20 World Cup

The most awaited Cricket T20 World Cup Tournament was delayed due to the pandemic. But it is happening in October-November 2021. But obviously, it will be welcomed with full zeal. It had a massive viewership of 730 million in the last tournament, which witnessed an increase of 114% from the previous edition.

Now, it is certainly expected to break that record in 2021, especially after a long wait.

2. Barclays Premier League

This is an English professional football league, being the topmost since 1992. The best defending champions of this league are Liverpool. Post pandemic, the BPL season has already begun on September 12, 2020, and is expected to end by May 23, 2021. There is a lot of craze for football around the world.

3. Indian Premier League (IPL)

IPL tournament is always in limelight due to its high-profile sponsorships, brand deals, and famous players. It is almost like another festival in India. IPL has a massive valuation of more than 6.8 billion dollars, and Mumbai Indians being the most valued team for above 800 crores. The IPL season resumed in 2020 from September till November.

4. Big Bash League

Similar to IPL, BBL is an Australian cricket league, broadcasted in more than 9 nations with a massive fan following. The BBL season began on 3rd December 2020 and was completed on 9th February 2021. The fantasy sports app development companies also consider this league for gamers.

TOP BENEFITS OF FANTASY GAME APP

1. Target Audience

Since the majority of people across the world love sports. Hence, it will be much easier for a fantasy sport game app development company to focus on a targeted audience who have been waiting for their favorite game since forever. This is the best opportunity to increase your game app downloads.

2. Legal

Unlike other online sports betting platforms, the fantasy games app is considered legal in India. One can easily go with this channel to make commercial benefits and also help sports enthusiasts to earn while enjoying their favorite games.

3. Best Time To Initiate

Even if the season has just begun and you are thinking to launch your fantasy sports app, then it’s never too late. In fact, it is the best time to bring out your platform for fantasy sports. Because there are numerous tournaments in the pipeline, the demand is certainly going to rise without any doubt.

4. Best Return On Investments

Of course, no one will invest in a business that is not promising good returns or profits. A fantasy sports game is the best platform to earn huge returns at low investments. However, it is obviously not a cakewalk to accomplish it. A reputed company must be interested in launching your fantasy sports game in the market, and the rest will follow on its own.

5. Cricket Calendar

The Cricket fever is ongoing and will continue to grow only with the launch of big tournaments like ICC World Cup, IPLC, and many others which are going to take place in the near future. Thereby, investing in the Fantasy sports apps of Cricket is beneficial.

The T20 and IPL tournaments are still going on and the craze is unbeatable. The app developer companies must not waste a single moment in building and launching this fantasy sports app to make good business out of it.

6. Less Competition

Currently, there are very less fantasy sports platforms in comparison to the fan following who love such apps. This is a golden time to launch the app and become a part of the dominant group of such apps. There is no point in giving a second thought to investing in this market.

Since many sports games have been lined up, the companies can easily make their presence felt by developing a successful fantasy game app.

7. Sponsorship By Big Brands

Fantasy sports app platforms are most appealing to the users who prefer such apps for excitement, fun, and mainly for winning handsome rewards. This fact is easily justified by seeing the massive fan following accompanying the demand for such apps.

Currently, many of these apps are eventually becoming the brand value of many sports. By launching and developing one such app can land you in getting associated with all the giant brands.

8. Great Opportunity For Improvement

Before launching the app in the market, take time to properly inspect the app and ask the Fantasy Sports App Developer for frequent reviews. The company must not blindly launch the app out of excitement, as even a minute defect experienced by users would lead to the bad reputation of the app.

Thus, every section and detail of the app must be checked thoroughly to avoid any disaster. Obviously, nothing comes out perfect at once. Thus, the company must take the appropriate time to check every detail, and then launch it as soon as possible.

CONCLUSION

To wrap up, it can be clearly stated that there are enormous convincing reasons to launch and invest in the fantasy sports app business. Without much delay, companies must make appropriate efforts to grab this opportunity.