The Online Fantasy Sports category seems to be having a great run around the world. The Online Fantasy Sports sector is having a great user base these days due to this lockdown as it offers more opportunities to earn money for both owners and Users. In India, it was more popular with more platforms coming up every day to engage users and provide a new experience to users. There were just 10 Fantasy Sports Apps in 2016 today it has been increased to 150 Apps in India.
There is no doubt this all started when Dream11’s founder Harsh Jain who saw the huge opportunities in the western world and decided to implement Online Fantasy Sports in India which become a huge success. All of us Know that Dream11 is the new Title Sponsor of the 2020 ongoing edition of the Indian Premier League. Dream11’s association with sports has grown over the years and it is presently partnering a total of 19 sports leagues along with 6 Indian Premier League Franchises. As per the report by the Indian Federation of Sports Gaming (IFSG) and KPMG suggests that Dream11 dominates 90 percent of the domestic fantasy sports market.
Once the Dream11 brand tasted success several other players also emerged in the market such as MPL, My11Circle, BalleBaazi, FanFight, Cricplay, Gamez, Howzat, and others.
Global entrepreneurs are now keen to start up their own business like the dream11 platform. Every Fantasy Sports App coming up with new ideas to surpass its competitors in the market and engages the user on their sites. This year IPL tournament is shattering records by making people engage in the online Streaming platform and Fantasy Sports App which not only entertains them but also yields them revenue.
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