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As sports lovers have started to incline towards fantasy sports, the demand has surged along for app like Draftkings. 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!