London, 08 June 2015 – Technavio has published a new report on the fantasy sports market in North America, which is expected to grow at a CAGR of more than 7% from 2015-2019.
About the Report
According to new research by Technavio, fantasy sports are playing a pivotal role in promoting social interaction in North America.
“Fantasy sports have gained popularity since they allow individuals to have direct control over the operations of a team, and allow them to live vicariously as general managers, franchise owners, or coaches by structuring and drafting their own team based on real players. They are competitive, enhance a player’s knowledge of the game and also offer an engaging social platform for users,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report also highlights some of the attractive incentives offered by market vendors, to help engage potential consumers in fantasy sports.
“Some sites provide free entry or charge a minimum registration fee for fantasy games, while still allowing players to win real money, which helps grab people’s attention and keep them engaged in the game,” says Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the fantasy sports market in North America from 2015-2019. To calculate the market size, the report considers the revenue generated from league fees paid by end-users to participate in fantasy sports events.
Key Information Covered in the Report:
Key Vendors:
- CBS Corp.
- ESPN Inc.
- FanDuel Inc.
Market Growth Drivers:
- High internet penetration
- For a full detailed list, view our report.
Market Challenges:
- Negative perceptions about fantasy sports
- For a full detailed list, view our report.
Market Trends:
- Intense campaigns by NFL
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
