How Much Does It Cost To Develop Fantasy Celebrity League Software?
written by Saloni Agrawal | Apr 07, 2021
It is a well-known thing that after the lockdown period, everybody has developed an interest in game playing. Among all the games, fantasy sports are getting special attention from users particularly from celebrities. Due to this increasing interest, fantasy celebrity league software development also got a hike.
The main reason behind the popularity of fantasy sports apps and the increased development of apps like Dream11 is the beginning of the latest season of the Indian Premier League (IPL) 2021. That is why all the fantasy sports app development companies have buckled up to provide the best fantasy sports app like Myteam11 or Dream11.
Table of Contents
Why There Is a Need to Build Fantasy Celebrity League Software?
The growing Market of Fantasy Sports
Below points are perfect to describe the current market growth of fantasy sports trends, take a look-
The global fantasy sports market size is forecasted to evolve from USD 1.9 billion in 2019 to USD 5.2 billion by 2024 at a CAGR of 22.0% during its prediction period.
The increased investments for fantasy sports software development will enhance the availability of the sports analytics market because of huge fan engagement and increasing sports numbers for different sports.
Performance analytics is forecasted to grow at the highest CAGR among the mobile app segment at the time of the forecasting period. It is due to the enhanced use of AI and ML technologies that provide statistical data regarding player’s performance.
Various sports apps are created by fantasy celebrity league software development companies and these are attracting investors to invest their money in the market. Fantasy celebrity league software developers create sports apps that attract audiences in local languages to boost engagement.
It is the reason why most of the leading gaming companies like Tencent and Nazara are also involved in fantasy sports gaming. So, just enter the fantasy sports industry with a robust product and investors will get to you with funds.
The rise in Online Fantasy Sports
The online fantasy sports segment is getting a huge rise and popularity among the users. People are always interested in celebrities’ activities and this on-demand fantasy celebrity league software is providing them a chance to connect with the sports too. It is the main reason why online fantasy sports are generating huge revenue year by year.
How to Develop A Robust Fantasy Celebrity League Software?
To create a fantasy celebrity league software, you can consult a fantasy celebrity league software expert as it will guide you through the essential aspects of software development. You need to be aware while hiring fantasy celebrity league software development company, consider these below aspects for this-
Required marketing time
Who & how to hire the company?
Software development’s cost
Here are the steps to be taken for fantasy celebrity league mobile app development-
Integrating the Power of Mobile and Web
Make a powerful strategy and have the power of both web and mobile to introduce a new idea, app, or product to users. Websites that have easy and fast login methods have an adrenaline rush of forecasting and winning and it leads to millions of users in the future.
When the fantasy sports software is in its initial phase of development, discuss with your hired fantasy celebrity league software providers about its monetization strategy and what can you provide into the app for better monetization techniques? Here are some of the common monetization approaches that are used by the leading market players-
Freemium model will offer users free to download services but some of the in-app purchases as well.
Tournament entry fees will provide the highest profits to owners and earnings and prizes will encourage users to take part in more leagues.
E-commerce apps play the main role in the income of fantasy celebrity league platforms by purchasing their favorite merch by users.
What Are the Different Steps to Create Fantasy Celebrity League Software?
Fantasy Celebrity League Software Framing
It is necessary to discuss the app concept, and different strategies to build it with the hired development team so that they can provide you sufficient documentation of the planned app development.
Planning of Fantasy Celebrity League Software Framework
It is an important step that includes sketches to build prototypes for varied screens. The data architecture is displayed along with the app to have a user flow.
Fantasy Celebrity League Software UI Design
The designing process of fantasy celebrity league software will be done in this step that includes font size, color tones, impressive front-end, attractive graphics, mobile identity, and other things.
Even the economists are not left behind to use the fantasy league software. This software is used to trade economists and select one of them to activate the roster.
The Estimated Cost of Fantasy Celebrity League Software
When you are going to develop fantasy software, you have to consider the budget along with the benefits of fantasy celebrity league software. Do you know how much it costs to develop an app like Dream11? If not, then firstly get the proper idea about it. Here are the charges for the process of fantasy celebrity league software development-
Small-scale companies- $15-$30 per hour
Intermediate-scale companies- $40-$80 per hour
Large-scale companies- $80-$150 per hour
Hence, the overall development cost of fantasy celebrity league software will be up to $8000 to $10,000 for a single platform, whether it is iOS or Android with core functionality. If you are interested in developing an advanced featured app like MyTeam11 with smooth functions, then it would cost you higher.
Which is the Best Company for Building a Fantasy Celebrity League Software?
This question has only one suitable answer and that is BR Softech, a leading mobile game app development firm. We have a robust and professional technical team that understands the client’s requirement of fantasy celebrity league software and creates an app according to that!
Developing an app like Myteam11 would take approximately ten weeks, and our team will assist you happily during the period at every phase. To know more, get connected to our support team.
How useful was this post?
Click on a star to rate it!
Average rating 0 / 5. Vote count: 0
No votes so far! Be the first to rate this post.
As you found this post useful...
Follow us on social media!
We are sorry that this post was not useful for you!
I am a passionate and full-time writer with experience in academic writing and blogs related to the IT sector, High-tech, and lifestyle. I’ve grown my skills of content writing with the time and have keen interest in learning and exploring new things.
BR Softech Pvt. Ltd. excels in providing cost-effective IT Solutions. Established in August 2012 with over 10+ years of rich experience. An Apex rated IT serving company around the world. Our team of innovative and creative designers deals in web designing, and mobile game/software development intending to deliver outstanding digital outcomes.