Fantasy Game App Market Size, Industry Trends Report | 2031
Fantasy Game App Market Size, Industry Trends Report | 2031
Segments - Fantasy Game App Market by Types (Role-playing Games {Strategy RPGs, Action RPGs, and Adventure RPGs}, Sports {Cricket, Football, Baseball, Basketball, and Others}, and Others), Platforms (Smartphones, Tablets, and Others), Payment Types (Paid, Free, and Hybrid), Number of players (Single-player and Multi-player), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :CG-4360
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| 166 Pages
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Report Description
Fantasy Game App Market Outlook 2031
The global fantasy game app market size was valued at around USD 23.90 Billion in 2022 and is anticipated to reach USD 71.23 Billion by 2031, expanding at a CAGR of 12.9% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing penetration of the internet and the growing usage of smart devices across the globe.
A fantasy game refers to a type of video game, which is often played using the internet, and where a player can control the actions of a character in an immersive and well-defined virtual world or assemble virtual teams to play a game.
Players need to download applications for any particular game that they wish to play. These applications are available on several gaming platforms such as Google Play Store and Apple App Store.
Once downloaded to a desired smart device, players can follow the gaming instructions to commence the game. A game character or characters need to be defined by players to start the game.
The game can be in a story format where a new virtual world is created in the game, or it can be a simple game or sport to be played among players. Players get points as they complete tasks or win games. These points are further used to add components to the game to enhance the experience of the game. Players can purchase the game components as well.
The global outbreak of COVID-19 aided in the rapid growth of players using fantasy game apps around the globe. Several individuals turned to fantasy gaming for entertainment during the lockdown. Live-streaming of fantasy games increased in popularity and became a source of income for many individuals.
Fantasy Game App Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for fantasy game apps is expected to drive the market during the forecast period.
- Rising youth population boosts the global fantasy game app market.
- Growing digital infrastructure, increasing availability of affordable smartphones, and rising availability of high-speed internet fuel the market.
- Rising trend of integrating Artificial Intelligence (AR) and Virtual Reality (VR) technologies in fantasy games boosts the market.
- Growing threat of gambling addiction due to fantasy game apps is anticipated to hamper the growth of the market in the coming years.
- Technological advancements in fantasy game apps offer growth opportunities to the market players.
Scope of Fantasy Game App Market Report
The report on the global fantasy game app market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Fantasy Game App Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Role-playing Games {Strategy RPGs, Action RPGs, and Adventure RPGs}, Sports {Cricket, Football, Baseball, Basketball, and Others}, and Others), Platforms (Smartphones, Tablets, and Others), Payment Types (Paid, Free, and Hybrid), and Number of players (Single-player and Multi-player) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Dream Sports Group; Dream11; Blizzard Entertainment, Inc.; Wright Flyer Studios; Heartbit Interactive; DreamPrimer SRL; Times Internet, Ltd.; Ability Games Pvt. Ltd.; ESPN Fantasy Sports; ConcernedApe; Kakao Games Corp.; Legend Fantasy; LilithGames; Yahoo; DraftKings, Inc.; Galactus Funware Technology Private Limited; and Others |
Fantasy Game App Market Segment Insights
Types Segment Analysis
Based on types, the market is divided into role-playing games {strategy RPGs, action RPGs, and adventure RPGs}, sports {cricket, football, baseball, basketball, and others}, and others.
The sports segment is estimated to register a significant CAGR during the forecast period, owing to the growing popularity of sports and the increasing number of national and international sports leagues and tournaments across the globe.
With fantasy game apps, players arrange their fantasy team, with which they can play a sport in the app with other players. In some game apps, players take up the role of a manager for their fantasy team and earn points based on real-life statistics of the team.
The role-playing games segment is anticipated to expand at a rapid pace during the forecast period, due to the increasing number of live streamers and gaming influencers.
Platforms Segment Analysis
The market is segregated into smartphones, tablets, and others in terms of platforms. The smartphones segment is projected to dominate the market during the forecast period, due to the growing use of smartphones and increasing penetration of high-speed internet.
Smartphone manufacturers are producing technologically advanced smartphones to improve consumer experiences such as large screens, long battery life, improved processors, and others.
Introduction of new technologies such as game controllers that can be attached to smartphones assist players in playing fantasy games on smartphones. Smartphones offer mobility and flexibility to players while playing games. Such factors aid in the expansion of the smartphones segment over tablets and other platforms such as computers and gaming consoles.
Payment Types Segment Analysis
On the basis of payment types, the market is segmented into paid, free, and hybrid. The free segment is estimated to expand at a rapid pace during the forecast period, as a majority of players prefer the free fantasy game apps to the paid game apps.
Free game applications are easier to download, and they do not take up much space on smartphones. Players can choose from several options of game apps available on different gaming platforms.
The hybrid segment is anticipated to expand in the coming years, as it facilitates players to choose from a range of free and paid components in a game according to their needs. Hybrid fantasy games offer in-app purchases to players that aid players to upgrade their game. This factor aids in the expansion of the segment.
Number of Players Segment Analysis
In terms of the number of players, the market is bifurcated into single-player and multi-player. The multi-player segment is projected to hold a key market share during the forecast period, as several can connect and play a game together at the same time.
Multi-player fantasy games aid players to boost creativity, problem-solving skills, and strategy developing skills. Players can chat and connect through the game application, which aids them in tackling social anxiety and sharpening their communication skills. Such factors facilitate the expansion of the segment.
Fantasy Game App Market Regional Analysis
Based on regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is expected to register a high CAGR, due to the increasing popularity of sports such as football in the region.
The growing presence of major market players in the region and continuous launches of technologically advanced smartphones targeted at giving enhanced game experience for players. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to the increasing adoption of smartphones, rising disposable income, and growing popularity of sports such as cricket.
Segments
Types
- Role-playing Games
- Strategy RPGs
- Action RPGs
- Adventure RPGs
- Sports
- Cricket
- Football
- Baseball
- Basketball
- Others
- Others
Platforms
- Smartphones
- Tablets
- Others
Payment Types
- Paid
- Free
- Hybrid
Number of players
- Single-player
- Multi-player
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Dream Sports Group
- Dream11
- Blizzard Entertainment, Inc.
- Wright Flyer Studios
- Heartbit Interactive
- DreamPrimer SRL
- Times Internet, Ltd.
- Ability Games Pvt. Ltd.
- ESPN Fantasy Sports
- ConcernedApe
- Kakao Games Corp.
- Legend Fantasy
- LilithGames
- Yahoo
- DraftKings, Inc.
- Galactus Funware Technology Private Limited
- Others
Competitive Landscape
The global fantasy game app market is highly competitive with the presence of key players such as Dream Sports Group; Dream11; Blizzard Entertainment, Inc.; Wright Flyer Studios; Heartbit Interactive; DreamPrimer SRL; Times Internet, Ltd.; Ability Games Pvt. Ltd.; ESPN Fantasy Sports; ConcernedApe; Kakao Games Corp.; Legend Fantasy; LilithGames; Yahoo; DraftKings, Inc.; Galactus Funware Technology Private Limited; and others.
They use business strategies such as collaborations, mergers, acquisitions, partnerships, and product launches to strengthen their hold on the market. For example,
- In May 2022, YS NET, Inc., a Japan-based game developer, announced a 3D fantasy shooting game called Air Twister, created by legendary game creator Yu Suzuki.
- In May 2022, Legend Fantasy launched a new type of fantasy game app, Legend Fantasy, where an individual can share his winning among friends or use the winnings to redeem prizes from the in-app store.
Frequently Asked Questions
Role-playing Games {Strategy RPGs, Action RPGs, and Adventure RPGs}, Sports {Cricket, Football, Baseball, Basketball, and Others}, and others are the major types of fantasy game apps.
The segments provided in the global fantasy game app market report are types, platforms, payment types, number of players, and regions.
A fantasy game refers to a type of video game, which is often played using the internet, and where a player can control the actions of a character in an immersive and well-defined world or assemble virtual teams to play a game.
North America dominates the global fantasy game app market.
Dream Sports Group; Dream11; Blizzard Entertainment, Inc.; Wright Flyer Studios; Heartbit Interactive; DreamPrimer SRL; Times Internet, Ltd.; Ability Games Pvt. Ltd.; ESPN Fantasy Sports; ConcernedApe; Kakao Games Corp.; Legend Fantasy; and LilithGames are some of the key players in the market.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Fantasy Game App Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fantasy Game App Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fantasy Game App Market - Supply Chain
4.5. Global Fantasy Game App Market Forecast
4.5.1. Fantasy Game App Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fantasy Game App Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fantasy Game App Market Absolute $ Opportunity
5. Global Fantasy Game App Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Fantasy Game App Market Size and Volume Forecast by Types
5.3.1. Role-playing Games
5.3.2. Sports
5.3.3. Others
5.3.4.
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fantasy Game App Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Fantasy Game App Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Fantasy Game App Demand Share Forecast, 2019-2026
7. North America Fantasy Game App Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Fantasy Game App Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Fantasy Game App Market Size and Volume Forecast by Types
7.4.1. Role-playing Games
7.4.2. Sports
7.4.3. Others
7.4.4.
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Fantasy Game App Demand Share Forecast, 2019-2026
8. Latin America Fantasy Game App Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Fantasy Game App Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Fantasy Game App Market Size and Volume Forecast by Types
8.4.1. Role-playing Games
8.4.2. Sports
8.4.3. Others
8.4.4.
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Fantasy Game App Demand Share Forecast, 2019-2026
9. Europe Fantasy Game App Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Fantasy Game App Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Fantasy Game App Market Size and Volume Forecast by Types
9.4.1. Role-playing Games
9.4.2. Sports
9.4.3. Others
9.4.4.
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Fantasy Game App Demand Share Forecast, 2019-2026
10. Asia Pacific Fantasy Game App Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Fantasy Game App Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Fantasy Game App Market Size and Volume Forecast by Types
10.4.1. Role-playing Games
10.4.2. Sports
10.4.3. Others
10.4.4.
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Fantasy Game App Demand Share Forecast, 2019-2026
11. Middle East & Africa Fantasy Game App Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Fantasy Game App Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Fantasy Game App Market Size and Volume Forecast by Types
11.4.1. Role-playing Games
11.4.2. Sports
11.4.3. Others
11.4.4.
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Fantasy Game App Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Fantasy Game App Market: Market Share Analysis
12.2. Fantasy Game App Distributors and Customers
12.3. Fantasy Game App Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Dream Sports Group
12.4.2. Dream11
12.4.3. Blizzard Entertainment, Inc.
12.4.4. Wright Flyer Studios
12.4.5. Heartbit Interactive
12.4.6. DreamPrimer SRL
12.4.7. Times Internet, Ltd.
12.4.8. Ability Games Pvt. Ltd.
12.4.9. ESPN Fantasy Sports
12.4.10. ConcernedApe
Methodology
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