This market research report outline the market size and forecast of the fantasy sports market in Mexico. Tis research report includes a detailed segmentation of the fantasy sports in Mexico by product (fantasy soccer, fantasy football, fantasy baseball, fantasy basketball and others). The key vendors analyzed in this report are CBS Sports, DraftKings, FanDuel and Yahoo.
Technavio’s market research analysts estimate the fantasy sports market in Mexico, to grow at a CAGR of more than 19% between 2016 and 2020. The increasing penetration of the Internet and the developing interest in various sports has increased the rate of participation in fantasy sports market in Mexico. Many gamers consider these fantasy sports websites a new form of social networking where they can connect with people interested in similar sports. The increasing interest in watching real-life game has fuelled the interest in playing fantasy sports.
The new market research report from Technavio provides a breakdown and analysis of the fantasy sports segments by technology.
“There has been a huge increase in the popularity of fantasy sports in Mexico. Mobile application developers are entering the market to increase the ease of playing fantasy sports on smartphones. There are several fantasy sports mobile apps which help the participants keep in touch with the game. CBS Sports Football, DraftKings, ESPN Fantasy Football, FanDuel and NFL Fantasy Football are some of the companies providing fantasy sports app,” says Abhay Sinha, Lead Analyst, New Coverage, Technavio Research.
Fantasy soccer is the largest segment in the fantasy sports market in Mexico, accounting for 43% of the total market share. Since soccer is the most watched and played game in the country, this segment is expected to continue its domination over the next four years. The popularity of soccer in Mexico has also helped in making fantasy soccer the most popular fantasy game in Mexico. With the increase in the number of viewers on different media (like the internet), the participation in fantasy soccer will increase further in Mexico.
The leading vendors in the fantasy sports market in Mexico include CBS Sports, DraftKings, FanDuel and Yahoo. This market is characterized by the presence of well-diversified vendors. The market also includes companies that develop software and online platforms for multiplayer fantasy sports. Competition in this market is expected to intensify, owing to an increase in product and service extensions, technological innovations, and M&A. Moreover, the improving economic conditions are boosting market growth making it a conducive environment for launching new products.
A more detailed analysis is available in the Technavio report, Fantasy Sports Market in Mexico 2016-2020.
We can customize reports by other regions and specific segments upon request.
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