The craze for sports has never simmered down before, and it has now taken a new form with the emergence of online sports. Fans of different sports are all coming together to be a part of this fierce and thrilling competition. As sports lovers have started to incline towards fantasy sports, the demand has surged along for app like Draftings. This has, in turn, pushed the need for fantasy sports app development as well. If you have a doubt regarding this, let’s talk about some stats. Shall we?
A global technology research company, called Technavio, suggested that the fantasy sports market worldwide is expected to grow by revenue of $9.34 billion between the years 2020-2024. The surge that you see here is because of the various launches of different fantasy sports apps and websites. The ease of using these apps has considerably attracted the users to its side. The target audience of these apps is the high-income groups who have a love for sports and have a decent spending capacity, whose ages range from 25-50 years.
Reason to why these fantasy leagues are famous:
The fantasy league in common have the sports that are most celebrated by the fans worldwide, irrespective of any differences. The top common marks are:
- Cricket
- Soccer
- Basketball
- Hockey
- Baseball
Most entrepreneurs have the familiar doubt on how to make money with these apps.
Well, here are the three revenue streams to make use of with Draftsking Clone:
- Participation fees
- Advertisement fees
- User engagement models
Wrapping up,
As you might have got a brief insight about it, why delay the excellent process of fantasy sports app development? Set foot in the fantasy sports league industry and hit the top spot!
The concept of betting or gambling in the sports world is not a new one.
It is there in almost every sport, baseball, basketball, tennis, rugby, etc.
In this digital era, the betting business is taken to a whole new level with the Sports betting mobile app.
It has decreased the risks of betting.
Just a few taps on the smartphones and it is done.
There are more betting apps in the market that come in all sizes.
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According to a research report "Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the cognitive assessment and training market size is expected to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%.Browse 63 market data tables and 47 figures spread through 150 pages and in-depth TOC on "Cognitive Assessment and Training Market - Global Forecast to 2021"The major forces driving this market are aging global population, increasing awareness about brain fitness, and advancements in technology.
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