The Indian market is witnessing a first of its kind surge since the advent of fantasy sports apps. There has been an exponential growth in the market of online gaming. This is the result of the availability of faster internet and affordability of smartphones. The fantasy sports industry in India has more than 60 platforms and in which more than 20 million players actively participate in the game. There are several reasons for the immense popularity of fantasy sports in India. Let us explore some of the reasons behind the popularity of the fantasy sports app:
Spending money:
As per Indian law, fantasy sports are not considered as a betting activity rather it is considered to be a game of skill. In India, the majority of sports fans are Cricket fans. Although other sports such as Football and Kabadi are gaining traction in the market. As fantasy sports fall under the category of the game of skill it is legal in India.
Indian league:
Indian leagues are also one of the main sources of influence of the popularity of fantasy sports in the country. Indian premier league (IPL) is one of the popular cricket tournament in cricket worldwide. People from all over the world tune in to watch the limited-overs game. Some of the other popular leagues in India are Indian Badminton League (IBL), Indian Super League (ISL).
Lesser competition:
Fantasy sports apps are new concepts when it comes to the Indian market. These apps also have a broader scope in the Indian market. These make the ideal situations for fantasy apps to enter the Indian market with lesser competition.
There is no better time to approach a Fantasy sports app development company for entrepreneurs to launch their own platforms in the market.
