Fantasy Sports Market - India
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 19.56 Billion
Market Size in 2033: USD 407.78 Billion
Market Growth Rate (CAGR) 2025-2033: 38.13%
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According to IMARC Group's report titled "India Fantasy Sports Market Report and Forecast 2025-2033," the market reached USD 19.56 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 407.78 Billion by 2033, exhibiting a growth rate (CAGR) of 38.13% during 2025-2033.
India Fantasy Sports Market Trends and Drivers:
- The India fantasy sports market is seeing phenomenal growth driven by rising smartphone penetration and low-cost data plans, bringing millions of users online who are looking to play sports gaming.
- Besides, strong digital payment infrastructure and UPI-based micropayments have made deposit and withdrawal processes easy, and it has become hassle-free for users to join contests and withdraw winnings immediately.
- Additionally, the strong desire for cricket, football, kabaddi, and other sports in India is fueling sustained consumer interest, converting casual fans into engaged fantasy league players.
- Fundamentally, social features like live chat, leaderboards, and referral schemes have boosted the consumer experience and fueled viral expansion through word-of-mouth sharing and contest.
- Additionally, strong regulatory certainty by state governments in establishing fantasy sports as a game of skill has assisted platforms in operating in a legally sanctioned environment, thereby promoting investor faith and industry stability.
- In addition, collaboration between fantasy sports suppliers and broadcasters are doubling content synergies, allowing for an integrated promotion via live broadcast, expert commentary, and in-app match highlight reels.
- Additionally, high-end analytics and artificial intelligence player prediction systems are enabling users to make better choices, with increased platform retention through tips and real-time insights personalized to each user.
- Essentially, the celebrity endorsement and influencer-led campaign trend is enhancing belief and awareness across millennials and Gen Z, who are primary demographic drivers of the market.
- In addition, growth in specialist fantasy sports verticals for new formats such as eSports, kabaddi, and local T20 leagues is increasing the market size and promoting niche content consumption.
- In addition, monetization strategies such as tiered paid contests, ad-free subscriptions, and sponsored leaderboards are increasing the diversity of revenue streams beyond entry-fees and ad revenues.
- Additionally, new trends such as live fantasy drafts and real-time match-play modes are driving engagement time per user and daily active usage metrics.
- Essentially, positive investor sentiment and capital flows into start-ups are driving product innovation, geographic expansion, and further market penetration in tier‑2 and tier‑3 cities.
- Apart from that, tie-ups with telecom companies providing bundled data, in-app incentives, and voucher tie-ins are lowering user acquisition costs but improving stickiness.
- Further, compliant third-party gaming sites and payment aggregators are decreasing friction and trust-building around KYC processes and refund assurances.
- Essentially, the real-time competition addiction and excitement of winning cash prizes is making the users addicted, assisting the fantasy sports industry in becoming a mainstream sport entertainment.
India Fantasy Sports Market Segmentation:
We explore the factors propelling the India fantasy sports market growth, including technological advancements, consumer behaviors, and regulatory changes.
Analysis by Sports Type:
- Cricket
- Football
- Others
- Analysis by Platform:
- Website
- Mobile Application
Analysis by Demographics:
- Under 25 Years
- 25-40 Years
- Above 40 Years
Regional Analysis:
- North India
- West and Central India
- South India
- East India
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendation
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
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Email: [email protected]
Tel No:(D) +91 120 433 0800
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