Fantasy sports in India have seen enormous growth, driven by the boom in digital usages. As per a report published in Economic Times, the value of the Fantasy Sports market was worth approx 6,500 crores in the year 2019, which is further expected to become 18,700 crore market by the year 2022.
The growth of fantasy sports in India is constantly on the run and providing great revenue for the businesses dependent on it. This immense growth shows a great hike in fantasy sports app development. They are expected to enter several big names in the fantasy sports market in the upcoming year.
What is fantasy sport? Why are fantasy sports growing in India? How to develop a fantasy sports application? There could be several questions in your mind. Further, read the blog post to find out the answer to these questions.
What is Fantasy Sport?
Fantasy sport is a sort of online game where players have to form virtual teams by selecting real-world players. You will make a game score depending on the real-life states of the players. The better your players perform in the real-world match, the better score you will get.
The process to create a virtual team in a fantasy sports application is quite straightforward. You have to select the players who you think will perform best in the actual game. After that, sit back and see the performance of the chosen players in the match. If the selected players do perform as you have predicted, then you will win handsome rewards that can be further converted into actual money.
The Best Fantasy Sports in India
The rise in popularity of fantasy sport has given birth to many new fantasy platforms in the market. Thus, here we have compiled a list of the most popular fantasy sports in India that are worth a try.
Dream 11 is arguably one of the most celebrated fantasy sports players in the market. This fantasy sports application provides a variety of sports, including cricket, football, baseball, kabaddi, hockey, and so many others. The user-friendly interface of the Dream 11 application is quite straightforward, even novice players can get familiar with the interface within minutes.
Mobile Premier League (MPL) is among the most favorable fantasy sports applications. On this platform, players can play over 60 games including cricket, football, basketball, baseball, and so many others to help players earn more. Also, the application facilitates withdrawing the winning amount in a bank account, Paytm wallet, UPI, and Amazon Pay.
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My11Circle is the fastest-growing fantasy sports application in India. The application is an ideal choice for cricket and football fantasy lovers. Over 10 million users are registered on the My11Circle. The application provides a safe and secure environment where players can enhance their skills and earn handsome rewards.
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Halaplay is another daily fantasy play application that was started way before in 2016 to provide users a thrilling gaming experience along with opportunities to make revenue.
Anyone except certain Indian state residents where fantasy sports applications are illegal can register on the platform for free. To make money, the user has to pick the game, make a team utilized game knowledge and they will end up making handsome money from the platform.
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Myteam11 is a 100% legal platform where users can earn real money by utilizing their sports knowledge. If you are looking for a great alternative to the Dream11, then Myteam11 will not disappoint you.
How to Develop Fantasy Sports Apps in India?
Fantasy sports software development is a highly profitable business, henceforth, many businesses adopted this business model to boost their revenue.
By partnering with a trustworthy fantasy sports app development company, you can create a personalized fantasy sports application catering to your custom needs. The app developers here at BR Softech backed with the experience and the latest technologies give wings to your fantasy sports business.
As an innovative fantasy sports app development company, the following is a list of features that we can incorporate with your fantasy sports application.
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Similar to the other mobile applications, fantasy sports applications also need to have a user registration section.
The dashboard is the screen that comes after the successful login or registration of the users. Here, users will be able to see all their information.
Select & Join Tournament
Users will have the option to select their preferred tournament and they can easily join the tournament to make cash from it.
Multiple Payment Mode
It is always a smart move to provide your users with one payment mode. We will integrate all the popular payment modes into your application.
Invite & Earn
This is one of the most tedious and effective marketing strategies. Whatever users share the application with their friends, they will be rewarded.
The admin will be able to see the player’s data including that will help them in decision making.
We can develop a separate dashboard where the admin can manage all the financial activities happening on the application.
Push notification comes in handy when the admin has to update the users about the upcoming matches and other important news.
Admin has full control over the users. The admin can accept or reject the user’s request for league participation.
Beyond the essential features, we can also add some advanced features to your fantasy sports application.
Live Match Update
User experience will double up when they will be able to see the live match update along with making money.
We can integrate various APIs into the application to make your fantasy sports app more valuable to your users.
Personalized Mail System
Users will be notified about matches or other information as per their preferences.
The Future of India’s Fantasy Sports
Considering the significant growth of the fantasy sports market, India is on the road to becoming the hotspots of fantasy sports applications. Since the count of sports lovers is increasing with each passing day, people are looking for alternative ways rather than television to connect with their favorite sports.
For those people, the fantasy sports apps emerged as the ticket to their favorite sports. Fantasy sports apps not only keep them aware of the live sports states but also offer them several ways to make cash from them.
The constantly increasing smartphone users are also driving growth to the fantasy sports apps. Moreover, in most of India, virtual gaming has been legalized by the supreme court. The game gained acceptance as a game of skills rather than a game of luck. Now virtual game betting is legal in India, more people are expected to join the fantasy sports application in the forthcoming days.
In general, by observing the potential growth of fantasy sports, we can say that the future of fantasy sports is bright in India. If you are also willing to make an entry into the fantasy sports market, then this is the right time.
Hope you have found the above-mentioned information helpful to you. As you can see, fantasy sport is a future game and expected to grow at a fast pace in forthcoming years. BR Softech is a highly experienced team that can help accomplish your fantasy sports application idea.
BR Softech Pvt. Ltd. excels in providing cost-effective IT Solutions. Established in August 2010 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, mobile/ software development and other digital marketing services intending to deliver outstanding digital outcomes.