The fantasy sports industry has experienced explosive growth over the past decade, fuelled by increasing global internet penetration, widespread adoption of smartphones, and a growing fanbase for competitive sports. StatrDraft is uniquely positioned to capitalize on these trends with its innovative and inclusive platform.
By leveraging the global appeal of “the beautiful game” and the demand for more strategic, engaging fantasy sports formats, StatrDraft is poised to redefine the market and attract a diverse, passionate audience.
Fantasy Sports Market
- Market Value: The global fantasy sports industry is currently valued at over €5 billion and is projected to grow at a compound annual growth rate (CAGR) of 13% by 2030.
- Engaged User Base: Over 60 million people play fantasy sports globally, with the majority concentrated in the US, Europe, and emerging markets in Asia.
- Revenue Potential: Platforms like FanDuel and DraftKings generate over €1 billion annually, demonstrating the market's lucrative potential for innovative entrants.
Fantasy Premier League
- Dominance and Limitations: The Fantasy Premier League (FPL) boasts over 12 million active players, making it the largest fantasy football platform in the world. However, its reliance on traditional scoring methods and repetitive gameplay limits its appeal for dedicated fans seeking deeper engagement.
- Opportunities for Innovation:
- Draft-style gameplay to reduce the monotony of duplicate teams.
- Advanced scoring metrics that reward real football actions like tackles, interceptions, and key passes.
- Seamless cash handling to address user pain points.
Growth of Women’s Football
- Market Expansion: The popularity of women’s football is surging, with the WSL seeing a 200% increase in viewership over the past three years. FIFA reported record-breaking attendance and viewership for the 2023 Women’s World Cup.
- Untapped Fantasy Market: Currently, no major fantasy platform has fully integrated women’s football, leaving a significant gap in the market. StatrDraft aims to be the first platform to offer fantasy sports WSL coverage, catering to a growing, underrepresented audience.
Expanding Markets: Asia and the US
- Asia: With the fastest-growing sports fanbase in the world, Asia's fantasy sports market is projected to grow at a CAGR of 16% over the next decade. Increased football viewership and the adoption of mobile gaming platforms make it a prime target for expansion.