Fantasy Sports Market Size and Share

Fantasy Sports Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Fantasy Sports Market Analysis by Mordor Intelligence

The fantasy sports market reached a market size of USD 37.28 billion in 2025 and is projected to hit USD 71.24 billion by 2030, advancing at a 13.83% CAGR. Robust mobile-first adoption, clearer regulations, and increasingly granular data analytics allow operators to convert passive fandom into interactive, skill-based play. The fantasy sports market benefits from multiple revenue streams, entry fees, digital collectibles, advertising, and subscriptions, making it less exposed to any single economic variable. Regulatory normalization in Brazil, incremental liberalization across U.S. states, and systemwide 5G rollout lower barriers to entry while boosting real-time engagement. Meanwhile, platform investments in artificial intelligence and official league data elevate user retention as personalized recommendations strengthen line-up success and perceived fairness.

Key Report Takeaways

  • By sport type, American football led with 75.63% fantasy sports market share in 2024; esports is expanding at a 15.32% CAGR through 2030.
  • By platform, mobile applications captured 65.43% revenue in 2024 in the fantasy sports, while the segment is growing at 14.87% CAGR.
  • By contest format, daily fantasy sports held 56.32% of the fantasy sports market size in 2024; micro/in-play fantasy is rising at a 14.32% CAGR.
  • By revenue model, entry-fee contests accounted for 61.83% of the fantasy sports market size in 2024, whereas NFT/token-gated formats are scaling at a 14.65% CAGR.
  • By geography, North America dominated with 38.76% share in 2024 in the fantasy sports, yet Asia Pacific is forecast to climb at a 14.08% CAGR to 2030.

Segment Analysis

By Sport Type: Traditional dominance meets digital disruption

American football accounted for 75.63% of the fantasy sports market size in 2024, cementing its hold through deep NFL partnerships and habitual Sunday play. Yet esports is pacing a 15.32% CAGR to 2030 as Gen Z viewers elevate competitive gaming to mainstream status. This surge is unhindered by off-season gaps, offering year-round content cycles. Cricket enjoys outsized traction in India, where Dream11 hosts 210 million users, many drawn during high-profile IPL fixtures. Basketball and baseball preserve sizable pools thanks to player-prop depth and analytics familiarity, while golf and motor racing attract premium entry fees despite smaller audiences. Over the forecast horizon, the fantasy sports market is expected to show more balanced sport participation without eroding football’s revenue heft.

Operator responses mirror this diversification. Dedicated esports slates integrate Twitch APIs for live stat pulls, whereas cricket platforms optimize for high-frequency matches that encourage multi-entry play. American football remains the anchor product, but firms now bundle cross-sport promotions to reduce seasonality and lengthen player lifetime value. The endgame is a resilient revenue mix that stabilizes cash flow regardless of any single league’s broadcast calendar.

Fantasy Sports Market: Market Share by Sport Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Platform: Mobile applications steer the engagement revolution

Mobile captured 65.43% of the fantasy sports market share in 2024, a lead reinforced by 14.87% CAGR projections tied to faster chipsets and biometric login convenience. The desktop cohort sticks around for research-heavy tasks, but second-screen culture prioritizes the phone for contest entry and live sweats. Smart-TV integration is nascent; yet Amazon’s rights portfolio implies future scenarios where viewers draft prop picks straight from the remote. Cloud-synced accounts let users toggle across devices without losing lineup edits, sharpening overall retention.

Mobile-centric product roadmaps also lower barriers in geographies where PCs are scarce, amplifying reach in Southeast Asia and Latin America. Operators compete on load speeds, UX clarity, and one-tap deposits, distinguishing themselves in an ecosystem where app-store ratings translate directly into acquisition velocity. The fantasy sports market therefore hinges on continued mobile OS innovation and affordable data plans that keep latency and transaction costs minimal.

By Contest Format: Daily fantasy remains core as micro-contests accelerate

Daily fantasy sports contributed 56.32% of 2024 revenue, anchored by salary-cap lineups and guaranteed prize pools that users recognize as skill-forward contests. Micro/in-play fantasy is rising at a 14.32% CAGR, fueled by single-stat props that refresh every quarter or inning, thus converting idle viewers into real-time participants. Season-long formats endure in workplace leagues, stimulating water-cooler conversation that reinforces brand stickiness beyond game outcomes. Best-ball variants give casual fans a passive season experience, bridging the gap between intensive weekly roster tinkering and one-off prop picks.

Platforms now layer multiple formats into a single wallet, enabling cross-sell promotions that spread risk and lift average revenue per user. Regulators, however, scrutinize micro-contests for resemblance to sports betting, and firms must demonstrate skill predominance through transparent scoring algorithms. Sustainable growth will depend on clearly delineated format definitions and consistent player-education campaigns.

Fantasy Sports Market: Market Share by Contest Format
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Revenue Model: Entry fees hold sway but innovation gains ground

Entry-fee contests delivered 61.83% of 2024 receipts, appealing to users comforted by transparent rake structures. Nonetheless, NFT-gated contests are climbing at 14.65% CAGR as collectors monetize limited-edition player cards for lineup boosts. DraftKings shuttered one NFT line in 2024 after compliance headwinds, illustrating how regulatory flux tempers Web3 upside. Free-to-play advertising models serve as cost-effective funnels, seeding new users who may later opt into paid contests. Subscription tiers bundle advanced projections and exclusive tournaments, providing predictable monthly cash flow and shielding operators from seasonal variance.

Operators increasingly blend these monetization levers, adjusting the mix per region based on disposable income and online-payment norms. The fantasy sports market size therefore hinges on diversified monetization that cushions any single channel’s regulatory or economic shock.

Geography Analysis

North America sustained 38.76% fantasy sports market share in 2024, anchored by U.S. user familiarity and premium contest entry levels. Recent legal volatility in California underscores that maturity does not equal stability. Canada’s lighter federal oversight and Mexico’s pending legislation present near-term white space, while U.S. operators refine loyalty programs to offset soaring acquisition spend that reached USD 416 million in TV buys during 2024.

Asia Pacific is pacing a 14.08% CAGR to 2030, catalyzed by India’s cricket-centric user base and expanding 4G penetration. Dream11’s 210 million accounts show the scale potential when local sports passions and inexpensive data converge. Despite a 28% GST on entry fees, operators leverage regional payment gateways and vernacular content to sustain growth. China’s opportunity hinges on policy clarity, but Japan and Australia already furnish regulated pathways with high per-capita spend.

Europe offers mixed prospects. Germany’s strict ISTG regime raises compliance hurdles, whereas the UK remains sizable but constrained by ad-spend caps and data-privacy audits. Latin America, led by Brazil’s newly regulated wagering ecosystem, promises rapid expansion; projected turnover of USD 34 billion by 2028 signals ample liquidity for parallel fantasy offerings. Argentina and Mexico could unlock another 50 million prospects once frameworks solidify. Africa and the Middle East stay on long-term watchlists given infrastructural and legislative gaps, yet rising smartphone adoption makes future entry feasible once regulatory guardrails appear.

Fantasy Sports Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

Market leaders are consolidating specialized capabilities to widen their defense moats. DraftKings paid USD 750 million for Jackpocket, extending into digital lottery tickets, and separately acquired Simplebet for micro-betting tech that enriches its prop platform. Underdog Fantasy’s USD 70 million Series C, valuing the firm at USD 1.2 billion, equips a challenger brand to scale simplified draft formats that resonate with casual fans. PrizePicks ranked 8th on Deloitte’s 2024 Technology Fast 500, underscoring how focused UX and fast payouts can capture share even against capital-heavy incumbents.

Television and streaming promotions remain the biggest customer-acquisition lever, but cost inflation widens the gap between top-tier budgets and niche operators. Technology is another battlefield: AI-powered suggestion engines, roster-swap patents, and blockchain ticketing aim to differentiate sticky ecosystems. Compliance capabilities double as strategic assets as regulatory flux culls under-capitalized entrants. Ultimately, the fantasy sports market is tilting toward a group of well-funded players that can combine legal resilience, data science depth, and global brand recognition.

Fantasy Sports Industry Leaders

  1. DraftKings Inc.

  2. NFL Enterprises LLC

  3. CBS Interactive Inc. (CBS Sports Digital)

  4. FanDuel Group (Flutter Entertainment plc)

  5. Yahoo Inc. (Yahoo Fantasy Sports)

  6. *Disclaimer: Major Players sorted in no particular order
Fantasy Sports Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • March 2025: PrizePicks expanded its Wave Sports + Entertainment partnership to amplify podcast-led acquisition via 2.8 billion annual impressions.
  • April 2025: PrizePicks unveiled “The Draft,” a free-to-play game featuring USD 500,000 in prizes and secured NCPG iCAP accreditation, elevating responsible-gaming credentials.
  • January 2025: Brazil activated a regulated sports betting regime expected to handle USD 34 billion in annual turnover by 2028, opening parallel fantasy channels for licensed operators.
  • October 2025: DraftKings finalized its USD 750 million Jackpocket purchase, integrating new verticals and micro-betting capabilities.

Table of Contents for Fantasy Sports Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Smartphone-centric user base expansion
    • 4.2.2 Legalization of online sports wagering in new jurisdictions
    • 4.2.3 Growing league-led partnerships and official data licensing
    • 4.2.4 Real-time analytics and AI-driven engagement features
    • 4.2.5 Web3-enabled play-to-earn and digital collectibles integration
    • 4.2.6 Rise of female fan participation and gender-inclusive marketing
  • 4.3 Market Restraints
    • 4.3.1 Regulatory uncertainty and patchwork compliance costs
    • 4.3.2 Data-privacy and integrity concerns
    • 4.3.3 Escalating customer-acquisition spending pressures
    • 4.3.4 Player fatigue from contest saturation and screen time
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Porter’s Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Investment Analysis

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Sport Type
    • 5.1.1 American Football
    • 5.1.2 Basketball
    • 5.1.3 Baseball
    • 5.1.4 Cricket
    • 5.1.5 Soccer
    • 5.1.6 Motor Racing
    • 5.1.7 Golf
    • 5.1.8 Esports
    • 5.1.9 Other Sport Types
  • 5.2 By Platform
    • 5.2.1 Website
    • 5.2.2 Mobile Application
    • 5.2.3 Smart TV / Console
  • 5.3 By Contest Format
    • 5.3.1 Season-long Fantasy
    • 5.3.2 Daily Fantasy (DFS)
    • 5.3.3 Micro / In-play Fantasy
    • 5.3.4 Best-Ball
  • 5.4 By Revenue Model
    • 5.4.1 Entry-fee Based
    • 5.4.2 Advertising-supported Free-to-Play
    • 5.4.3 Subscription-based
    • 5.4.4 NFT / Token-gated
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 United Kingdom
    • 5.5.3.2 Germany
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 Rest of Europe
    • 5.5.4 Asia Pacific
    • 5.5.4.1 China
    • 5.5.4.2 India
    • 5.5.4.3 Japan
    • 5.5.4.4 South Korea
    • 5.5.4.5 Australia and New Zealand
    • 5.5.4.6 Rest of Asia Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Turkey
    • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Nigeria
    • 5.5.5.2.3 Egypt
    • 5.5.5.2.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 DraftKings Inc.
    • 6.4.2 FanDuel Group (Flutter Entertainment plc)
    • 6.4.3 CBS Interactive Inc. (CBS Sports Digital)
    • 6.4.4 Yahoo Inc. (Yahoo Fantasy Sports)
    • 6.4.5 ESPN Enterprises, Inc.
    • 6.4.6 NFL Enterprises LLC
    • 6.4.7 Sleeper, Inc.
    • 6.4.8 Dream Sports Inc.
    • 6.4.9 RealTime Fantasy Sports Inc.
    • 6.4.10 Bovada (Morris Mohawk Gaming Group)
    • 6.4.11 Low6 Ltd.
    • 6.4.12 Vauntek Inc. (Fantrax)
    • 6.4.13 Sorare SAS
    • 6.4.14 MyTeam11 Fantasy Sports Pvt. Ltd.
    • 6.4.15 Games24x7 Pvt. Ltd. (My11Circle)
    • 6.4.16 Galactus Funware Technology Pvt. Ltd. (Mobile Premier League)
    • 6.4.17 PlayON Ltd.
    • 6.4.18 PlayUp Ltd.
    • 6.4.19 MKF Holdings LLC (Monkey Knife Fight)
    • 6.4.20 BalleBaazi Games Pvt. Ltd.
    • 6.4.21 PrizePicks (Performance Predictions LLC)
    • 6.4.22 Underdog Sports Holdings LLC

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Fantasy Sports Market Report Scope

Fantasy sports are online games where participants create virtual teams of real-life professional athletes. The market defines the revenue from the sales of fantasy sports platforms and services.

The fantasy sports market is segmented by type (football, baseball, cricket, basketball, and car racing), platform (website and mobile application), demographics (under 25 years, between 25 and 40 years, and above 40 years), application (individual competition and team competition), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Sport Type
American Football
Basketball
Baseball
Cricket
Soccer
Motor Racing
Golf
Esports
Other Sport Types
By Platform
Website
Mobile Application
Smart TV / Console
By Contest Format
Season-long Fantasy
Daily Fantasy (DFS)
Micro / In-play Fantasy
Best-Ball
By Revenue Model
Entry-fee Based
Advertising-supported Free-to-Play
Subscription-based
NFT / Token-gated
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific China
India
Japan
South Korea
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
By Sport Type American Football
Basketball
Baseball
Cricket
Soccer
Motor Racing
Golf
Esports
Other Sport Types
By Platform Website
Mobile Application
Smart TV / Console
By Contest Format Season-long Fantasy
Daily Fantasy (DFS)
Micro / In-play Fantasy
Best-Ball
By Revenue Model Entry-fee Based
Advertising-supported Free-to-Play
Subscription-based
NFT / Token-gated
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific China
India
Japan
South Korea
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

How large is the fantasy sports market in 2025?

It stands at USD 37.28 billion and is projected to reach USD 71.24 billion by 2030.

Which segment is growing fastest within the fantasy sports space?

Esports fantasy contests are expanding at 15.32% CAGR, outpacing every other sport type.

Why is mobile so critical for fantasy platforms?

Mobile apps hold 65.43% usage share and are forecast to grow at 14.87% CAGR thanks to latency-free notifications and streamlined payments.

Which region should operators prioritize for future growth?

Asia Pacific leads with a 14.08% CAGR, propelled by India’s 210 million fantasy players and rising smartphone penetration.

How are operators addressing regulatory risk?

Market leaders invest in dedicated compliance teams, modular tech stacks, and diversified revenue models to adapt quickly to changing laws.

Page last updated on: