Europe, APAC and LATAM Daily Fantasy Sports and In-Game Gambling Market Size By End User (Teens and Adults), And Forecast

Europe, APAC and LATAM Daily Fantasy Sports and In-Game Gambling Market Size And Forecast

Europe, APAC, And LATAM Daily Fantasy Sports and In-Game Gambling Market size was valued at USD 7,840.98 Million in 2020 and is projected to reach USD 22,580.25 Million by 2028, growing at a CAGR of 14.09% from 2021 to 2028.

Growth in digital infrastructure is fueling the market growth of the daily fantasy sports and in-game gambling market. A rising sporting event is expected to catalyze the growth of the daily fantasy sports and in-game gambling market. Europe, APAC, And LATAM report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Europe, APAC and LATAM Daily Fantasy Sports and In-Game Gambling Market Definition

So, you know those fantasy sports leagues everyone's talking about? They're basically games – some people call them rotisserie or roto – where you get to be the coach of your own dream team. But instead of real athletes, you're picking virtual versions of them from a real-life pro league. The whole thing usually happens online. Here's the cool partyour team goes head-to-head with others based on how well your players perform in actual games. All those stats get turned into points, and whoever racks up the most based on their roster wins! Now, the point system can be super simple – easy enough for a "league commissioner" to handle and keep tabs on the whole thing. Or, for the more serious leagues, computers crunch the numbers using the real-time scores from the pros.

Europe, APAC and LATAM Daily Fantasy Sports and In-Game Gambling Market Overview

The boom in digital infrastructure is really driving the growth of daily fantasy sports and in-game gambling. And with all these amazing sporting events popping up, it's only going to fuel the fire even more. People and companies are jumping headfirst into this digital world. We're seeing more and more use of digital devices and social networks to connect everyone – governments, businesses, friends, you name it! Companies are totally transforming the way they do things digitally, which means they're getting better at figuring out what we, the customers, really want. They're also finding new ways to stand out from the crowd. Plus, with so many sporting events happening around the globe, the fantasy sports market is just exploding. More and more, people don't just want to watch – they want to play. They want to show off their skills and maybe even win something. And since most of us can't actually join the pros on the field, fantasy sports is the perfect way to live out those dreams. It's all about getting in on the action and feeling like you're really part of the game!

But hey, it's not all sunshine and rainbows for daily fantasy sports and in-game gambling. The growing popularity of mobile video games and regular esports is putting a damper on things. All those cool online video games are kind of getting in the way, too! Sure, technology's getting better, and everyone's got internet access, which is great for making these games. But more folks are playing mobile games than other online stuff. Seems like people would rather play those than, you know, keep a super close eye on daily fantasy sports for hours and hours. So, yeah, these things are making it tougher for daily fantasy sports and in-game gambling to really take off.

Furthermore, technological advancements in the market offerings lucrative growth opportunities. The number of daily fantasy sports viewers has risen as a result of several technological improvements. The development of cutting-edge daily fantasy sports platforms has made fantasy sports events more accessible to participants. People are more engaged when they have access to cutting-edge features such as accomplishment badges, loyalty programs, and so on. The availability of a variety of trustworthy streaming partners also contributes to the popularity of daily fantasy sports.

Europe, APAC and LATAM Daily Fantasy Sports and In-Game Gambling MarketSegmentation Analysis

Europe, APAC, And LATAM Daily Fantasy Sports and In-Game Gambling Market is segmented based on End User.

Europe Daily Fantasy Sports and In-Game Gambling Market, By End User

To Get Summarized Market Report By End Users For Europe-

Based on End Users, the market is bifurcated into Teens and Adults. Adults accounted for the largest market share in 2020 and are projected to grow at the highest CAGR of 13.88% during the forecast period. Teens were the second-largest market in 2020, and it is projected to grow in the forecasted year.

APAC Daily Fantasy Sports and In-Game Gambling Market, By End User

Based on End Users, the market is bifurcated into Teens and Adults. Adults accounted for the largest market share in 2020, with a market value, and is projected to grow at a CAGR of 15.03% during the forecast period. Teens were the second-largest market in 2020, it is projected to grow in forecasted years.

LATAM Daily Fantasy Sports and In-Game Gambling Market, By End User

To Get Summarized Market Report By End Users for LATAM-

On the basis of End Users, the LATAM Daily Fantasy Sports and In-Game Gambling Market is classified into Teens and Adults. Adults accounted for the largest market share in 2020, with a market projected to grow at the highest CAGR of 10.10% during the forecast period. Teens were the second-largest market in 2020, it is projected to grow in the forecasted period.

Key Players

The “Europe, APAC and LATAM Daily Fantasy Sports and In-Game Gambling Market” study report will provide valuable insight with an emphasis on the market. The major players in the market are DraftKings, Sportito, EA, Sony, Tencent, Betway Limited, Moneyball Daily Fantasy Sports, MyClubtap, Playon, Playup Limited, Scout Gaming, Superfanatico, Betiply, Duelo Futbol, FanTeam, Leadstar Media, Scout Gaming Group, Good Gamer Corp., Footstock, and Vinfotech.

Key Developments

• Electronic Arts Acquired Metalhead Software, Bringing a Talented Sports Development Team and Baseball Franchise to EA SPORTS.Electronic Arts Completed Acquisition of Glu Mobile, Creating a New Global Leader in Mobile Gaming

• Betway to sponsor German-based esports team Berlin International Gaming (BIG)

• DraftKings acquired Golden Nugget Online Gaming, an online gaming company.

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We'll dig into the market with both qualitative and quantitative analysis, breaking it down by different segments considering not just the money side, but other important factors too. You'll get market value data (in USD Billion) for every segment and sub-segment. We'll also point out which region and segment is likely to grow the fastest and be the biggest. Expect a geographic analysis that highlights product/service consumption in each region, explaining what's influencing the market there. The report will show the competitive landscape, including major players' market rankings, new launches, partnerships, expansions, and acquisitions over the last five years, plus detailed company profiles with overviews, insights, product benchmarking, and SWOT analyses. We'll cover the current and future market outlook, considering recent developments, growth opportunities, drivers, challenges, and restraints in both emerging and developed areas. Expect a deep dive using Porter's five forces analysis and a look into the market's Value Chain. Finally, we'll outline the market dynamics scenario and future growth opportunities and include six months of post-sales analyst support.

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