Typing Test

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A half a billion users, and an industry valued at $20 billion by 2025 these eye popping numbers underline how the world of fantasy gaming in India is a juggernaut within online gaming in India. But there is more to it than just the figures and the simplistic narrative that the growth is a mere consequence of the pandemic. The Indian user base for fantasy gaming rose from 2 million to 90 million during this period at a of 212. The onset of the pandemic and the dependence of fantasy games on real-time sporting leagues did slow things down a bit. But, fantasy sports platforms gradually increased user engagement by swiftly adapting new leagues, online-only gaming modes and innovative new features. Indians were also drawn to fantasy gaming owing to the nation love for sports, especially cricket. The pandemic turned out to be only a minor and temporary setback. The promising future of online fantasy sports in India is evident from the fact that India is currently the largest fantasy sports market in the world and is growing at a CAGR of 38. It is anticipated to be worth Rs. 1.65 lakh crore by 2025. And even with India still behind the curve a bit on infrastructure, it is anticipated to have a user base of 510 million players by the end of 2022, which is larger than the US user base for fantasy sports. Outlook: Sunny with a chance of unicorns The sector has 200+ Indian operators in the market and has already produced several unicorns in a reasonably short period. Over the past few years, it has been a crucial area for innovation and investment. India large market with potential 136.3 million sports fans makes it a space for multiple unicorns to spawn in this Industry. Some important reasons why the outlook seems positive are Increasing reach A rise in smartphone usage, low-cost data, favorable demographics, and the tech-savvy, avid Indian sports fans are increasing the reach of fantasy sports. The widespread viewing of new sports leagues like the IPL, T20, Vivo Pro Labadie League, etc. can also be acclaimed for their rising popularity. The imminent arrival of 5G technology The 5G smartphone user base is likely to increase from 400 million to a billion in the future yea A half a billion users, and an industry valued at $20 billion by 2025 these eye popping numbers underline how the world of fantasy gaming in India is a juggernaut within online gaming in India. But there is more to it than just the figures and the simplistic narrative that the growth is a mere consequence of the pandemic. The Indian user base for fantasy gaming rose from 2 million to 90 million during this period at a of 212. The onset of the pandemic and the dependence of fantasy games on real-time sporting leagues did slow things down a bit. But, fantasy sports platforms gradually increased user engagement by swiftly adapting new leagues, online-only gaming modes and innovative new features. Indians were also drawn to fantasy gaming owing to the nation love for sports, especially cricket. The pandemic turned out to be only a minor and temporary setback. The promising future of online fantasy sports in India is evident from the fact that India is currently the largest fantasy sports market in the world and is growing at a CAGR of 38. It is anticipated to be worth Rs. 1.65 lakh crore by 2025. And even with India still behind the curve a bit on infrastructure, it is anticipated to have a user base of 510 million players by the end of 2022, which is larger than the US user base for fantasy sports. Outlook: Sunny with a chance of unicorns The sector has 200+ Indian operators in the market and has already produced several unicorns in a reasonably short period. Over the past few years, it has been a crucial area for innovation and investment. India large market with potential 136.3 million sports fans makes it a space for multiple unicorns to spawn in this Industry. Some important reasons why the outlook seems positive are Increasing reach A rise in smartphone usage, low-co