Fantopy
  • INTRODUCTION
    • Fantopy today
      • What's next
      • What makes Fantopy unique?
    • Market overview
      • We launch in APAC
  • FUNCTIONALITY
    • Technology
      • Game engine
    • Game Assets
      • Fantasy Team
      • 12th Man
  • GAMEPLAY
    • Manager / Owner
    • Create Fantasy Team
      • Score points
      • Join division
    • 12th Man
  • TOKENOMICS
    • Fantopy Universe
    • Staking / Farming
    • Allocation and unlock schedule
    • Play-to-Own
  • BUSINESS MODEL
    • Monetization
    • Growth model
  • More
    • Roadmap
    • Team
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  1. INTRODUCTION

Market overview

PreviousWhat makes Fantopy unique?NextWe launch in APAC

Last updated 3 years ago

  • Soccer is the most popular sport globally based on its number of fans. According to FIFA, it is the most widespread sport, with around 3.5 billion people worldwide watching soccer at least once a year. FIFA estimates that 270 million people officially participate in the sport.

  • Video games are an ecosystem that has evolved by leaps and bounds in recent years, to the point of recreating parallel universes that allow users to interact online with others around the world. A recent study revealed that at least 3.1 billion people out of the 8 billion global population play video games, roughly 40% of the world's population. The Asian continent is at the forefront with 1.4 billion players. Europe ranks second with 668 million consumers. Latin America and North America follow them with 383 and 261 million consumers, respectively.

  • World gambling statistics show that about 26% of the world's population gambles. That means that about 1.6 billion people around the globe bet regularly, with 4.2 billion doing so at least once a year. The global sports betting market size was valued at USD 66.98 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.1% from 2021 to 2028. The APAC region is responsible for 47% of all the world’s sports wagers.

With the combination of the three industries above, the global fantasy sports market is expected to grow from $22.31 billion in 2021 to $38.60 billion in 2025.