{"id":1498,"date":"2020-11-04T16:34:30","date_gmt":"2020-11-04T11:04:30","guid":{"rendered":"https:\/\/www.fexle.com\/blogs\/?p=1498"},"modified":"2020-11-04T16:34:34","modified_gmt":"2020-11-04T11:04:34","slug":"why-businesses-are-required-to-invest-in-fantasy-platforms-development-in-2021","status":"publish","type":"post","link":"https:\/\/www.fexle.com\/blogs\/why-businesses-are-required-to-invest-in-fantasy-platforms-development-in-2021\/","title":{"rendered":"Why Businesses Are Required To Invest In Fantasy Platforms Development in 2021?"},"content":{"rendered":"\n<p>Fantasy sports platforms have surged high in the past few\nyears, not only in terms of users but also in terms of revenue generation &amp;\npopularity.<\/p>\n\n\n\n<p>According to IndiaTech, an NPO, the gross revenue of the\nonline fantasy sector operators stood at over INR 2400 crore for the financial\nyear 2020, which was merely 920 crore in 2019. The increase is almost 3 times\nover a period of one year.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1024\" height=\"591\" src=\"https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/11\/fantasy-sports-1024x591.png\" alt=\"fantasy sports app developement opportunities\" class=\"wp-image-1501\" srcset=\"https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/11\/fantasy-sports-1024x591.png 1024w, https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/11\/fantasy-sports-300x173.png 300w, https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/11\/fantasy-sports-768x443.png 768w, https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/11\/fantasy-sports.png 1257w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Fantasy sports giants such as Dream11 and MPL are all set to\nraise a huge sum of $235 million and $50 million from investors.<\/p>\n\n\n\n<p>If we talk about the users of fantasy platforms, they\ngrow&nbsp;<a href=\"https:\/\/inc42.com\/buzz\/indian-fantasy-sports-platforms-see-revenue-jump-160-to-inr-2400-cr-in-fy20\/\" target=\"_blank\" rel=\"noreferrer noopener\">to\nnine crores<\/a>&nbsp;in 2019 from merely 20 lakhs in\n2016. The number of fantasy sports users will continue to increase to 10 crores\nby the end of the year 2020, and revenue is expected to reach INR 2400 crore\nwith a 160% increase by the end of the year 2020.<\/p>\n\n\n\n<p>The potential of the fantasy domain is huge. If you are looking to hire a mobile app development company for <a href=\"https:\/\/www.fexle.com\/fantasy-sports-app-development\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"fantasy sports app development (opens in a new tab)\">fantasy sports app development<\/a>, then this post is just for you.<\/p>\n\n\n\n<p>Today, we will discuss the potential of fantasy platforms and\nthe top reasons to invest in the fantasy platform in the year 2020-21.<\/p>\n\n\n\n<h3><strong>Opportunities for\nFantasy Sports Mobile Apps<\/strong><\/h3>\n\n\n\n<p>As we have discussed above, the fantasy sports users are\nexponentially growing in the past few years along with surging revenue growth.\nWith the fantasy sports platform, sports enthusiasts have got a place where\nthey can build their team and play fantasy sports in 2020.<\/p>\n\n\n\n<p>To the joy of sports lovers, the year has lots of big tournaments\nlined up, such as the Indian Premier League (IPL), which is followed by the ICC\nevent of ICC Men&#8217;s t20 World Cup 2020.<\/p>\n\n\n\n<p>So if you are planning to invest in a fantasy cricket online\nplatform, then this is the right year for you. Having said that, let\u2019s move\nahead and understand why 2020-21 is the best year to launch a fantasy cricket\nmobile application.<\/p>\n\n\n\n<h3><strong>Top Reasons\nto Invest in Fantasy Cricket Mobile Applications<\/strong><\/h3>\n\n\n\n<p><strong>Indian\nPremiere League \u2013 <\/strong>Listed as the most seen Cricket league, the\nT20 cricket league brings out the finest associations in the realm of sports.\nIPL takes place once a year, and the year 2020 is the 13th season. Henceforth,\nit would be a great idea to invest in an app like Fan Super League.<\/p>\n\n\n\n<p><strong>World Cup\nT-20 \u2013 <\/strong>October and November of the year 2021 will come with lots of\nsurprises for every sports lover. It is the time when 2021 ICC Men\u2019s T20 World\nCup is planned for its seventh tournament edition. The tournament will be held\nin India, and 16 countries including, Australia will partake in this seventh\nversion of the competition.<\/p>\n\n\n\n<p>This would be the time when the entire world would be drenched in\nthe sporty hues, and you can opt for fantasy sports app development services.<\/p>\n\n\n\n<p>All the dream app designers and business visionaries, pull out all\nthe stops and get ready to rank in some serious cash in a short time.<\/p>\n\n\n\n<p><strong>Barclays Premier League<\/strong><\/p>\n\n\n\n<p>The year 2020-21 will be the twenty-ninth edition of the Barclays\nPremier League. It is the top-notch English professional league for the\naffiliation football clubs since its inception in the year 1992.<\/p>\n\n\n\n<p>Originally the season was planned to begin on August 8th, 2020 but\ndue to the outbreak of Covid-19, the game got postponed until twelfth\nSeptember.&nbsp;<\/p>\n\n\n\n<p>All the business owners planning for <a href=\"https:\/\/www.fexle.com\/fantasy-sports-app-development\">building a fantasy sports app<\/a> get ready to hire the best mobile app developer for your dream app.<\/p>\n\n\n\n<p><strong>Big Bash League<\/strong><\/p>\n\n\n\n<p>The Big Bash League is another T20 cricket alliance similar to\nthat of IPL. It is all set to start from the middle of the December-Feb 2021.\nThe fans of this league can expect approx 59 matches this year.<\/p>\n\n\n\n<p>Significantly it will be the time for business owners to start\nthinking about fantasy cricket app development. The coming time will be perfect\nto earn a humongous fortune in a short span of time.<\/p>\n\n\n\n<h3><strong>Reasons To\nStart Your Fantasy Platforms in 2020-21<\/strong><\/h3>\n\n\n\n<p><strong>The Sport\nCalendar<\/strong><\/p>\n\n\n\n<p>Keep a close eye on the sports calendar, as many prominent and\ninternational cricket events and other sports are about to start, such as IPLC,\nICC World Cup, and many more. Grab this opportunity and go for fantasy sports\napp development to leverage the fantasy sports world excellently.<\/p>\n\n\n\n<p><strong>Low Competition<\/strong><\/p>\n\n\n\n<p>The platform for fantasy sports is quite new to the Indian market\nas compared to the other industry. You won\u2019t find more competitors in the\nindustry to be precise; there are just 2 major players who are driving the\nfantasy sports industry.<\/p>\n\n\n\n<p>There are high chances of your success if you hire mobile app\ndevelopers to build a fantasy sports app for you.<\/p>\n\n\n\n<p><strong>Easy Target<\/strong><\/p>\n\n\n\n<p>People across the globe have the same level of enthusiasm for\ntheir favorite sports. So, it will be quite easy for you to find and target the\nright set of audience.<\/p>\n\n\n\n<p>These will be the audience who are dying to wait for their\nfavorite sports like forever. It would be a brilliant opportunity to easily\ntarget the audience and improve downloads for your fantasy sports application.<\/p>\n\n\n\n<p><strong>It is Legal<\/strong><\/p>\n\n\n\n<p>After a long fight, finally, fantasy sports are now legalized in\nIndia as well. The honorable Supreme court of India has given its verdict that\nthe idea of fantasy sports is round of aptitude and not betting.<\/p>\n\n\n\n<p>It would be, therefore, won\u2019t be a problem for you to start your\nown fantasy platform in 2020-21.<\/p>\n\n\n\n<p><strong>Brand Partnership<\/strong><\/p>\n\n\n\n<p>The trend of mobile app development is surging high. People are\ncrazy about fantasy sports. The platforms have become quite fascinating among\nthe users as they can experience utmost fun, excitement, and most importantly,\nthey win some amount through these apps.<\/p>\n\n\n\n<p>Seeing the trend, we can tell the fantasy sports mobile\napplications are gradually becoming the brand value for many sports.&nbsp;<\/p>\n\n\n\n<p>Thus, it is advisable for you to grab this opportunity and go for\nfantasy sports app development and improve your chance to get into the\npartnership with some big brands.<\/p>\n\n\n\n<p><strong>Expanding User Engagement<\/strong><\/p>\n\n\n\n<p>The fantasy platforms have successfully made their place in sports\nenthusiasts. You will be surprised to know that India has become the greatest\ncenter point for fantasy sports after the United States.<\/p>\n\n\n\n<p>According to a data survey, the users of fantasy sports have\nincreased from 20 lakhs to 90 lakhs from the year 2016 to 2019. You can do the\nmath to calculate the popularity. There\u2019s a huge scope of earning great\nbenefits to investing in a fantasy platform this time.<\/p>\n\n\n\n<p><strong>Suitable\nTime<\/strong><\/p>\n\n\n\n<p>As we have discussed above, this is the time of the year when\nvarious premiere leagues are about to launch. Henceforth, it is time to launch\nfantasy sports apps.&nbsp;<\/p>\n\n\n\n<p>The New Year is about to bring many big levels of tournaments and\nwith that, the demand for such apps will also increase undoubtedly. Get ready\nto build your fantasy platform by hiring the best mobile app development\ncompany.<\/p>\n\n\n\n<p><strong>Huge ROI<\/strong><\/p>\n\n\n\n<p>As we know the extravagant show of multiple sports leagues is\nabout to start in few months, and thus, it is the most suitable time that you\ncan excellently leverage the fantasy platforms by earning a high return on\ninvestment.<\/p>\n\n\n\n<p>The fantasy sports app is the most suitable platform to get high\nreturns with low investments. For that, you have to select a fantasy sports app\ndevelopment company that can build the best fantasy sports mobile app for you.<\/p>\n\n\n\n<p><strong>Conclusion<\/strong><\/p>\n\n\n\n<p>After discussing all the points above, we can say that the year 2021 will bring enormous opportunities for fantasy sports entrepreneurs. Since so many leagues are lined up in the coming months, business owners must realize the importance of the time and hire the best <a href=\"https:\/\/www.fexle.com\/fantasy-sports-app-development\">fantasy sports app Development Company<\/a> to garner hue return on fantasy platform investment.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.fexle.com\/contact-us?utm_source=Blog&amp;utm_medium=Giri&amp;utm_campaign=Giri&amp;utm_term=Giri%20Fexle\"><img loading=\"lazy\" width=\"1024\" height=\"399\" src=\"https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/04\/blog-inner-image-mobile_2-1024x399.jpg\" alt=\"hire mobile app development team\" class=\"wp-image-447\" srcset=\"https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/04\/blog-inner-image-mobile_2-1024x399.jpg 1024w, https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/04\/blog-inner-image-mobile_2-300x117.jpg 300w, https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/04\/blog-inner-image-mobile_2-768x299.jpg 768w, https:\/\/www.fexle.com\/blogs\/wp-content\/uploads\/2020\/04\/blog-inner-image-mobile_2.jpg 1107w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n<div class=\"twitter-share\"><a href=\"https:\/\/twitter.com\/intent\/tweet?via=fexle_services\" class=\"twitter-share-button\">Tweet<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fantasy sports platforms have surged high in the past few years, not only in terms of users but also in terms of revenue generation &amp; popularity. According to IndiaTech, an NPO, the gross revenue of the online fantasy sector operators&hellip; <a href=\"https:\/\/www.fexle.com\/blogs\/why-businesses-are-required-to-invest-in-fantasy-platforms-development-in-2021\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[148,55],"tags":[260,261,233],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Businesses Are Required To Invest In Fantasy Platforms Development in 2021? - FEXLE Services Official Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fexle.com\/blogs\/why-businesses-are-required-to-invest-in-fantasy-platforms-development-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Businesses Are Required To Invest In Fantasy Platforms Development in 2021? - FEXLE Services Official Blog\" \/>\n<meta property=\"og:description\" content=\"Fantasy sports platforms have surged high in the past few years, not only in terms of users but also in terms of revenue generation &amp; popularity. 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