Industry Analysis & Industry Trends
The Fantasy Sports Services industry is expanding quickly due to the growth in the number of broadband and mobile connections, rising advertising expenditure and an increase in sports participation and viewership. In the next five years, the industry will continue to grow aggressively. This growth will be partially due to expansion among new types of fantasy sports leagues. Additonally, the industry will benefit from more women participating in fantasy sports.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
In the 10 years to 2020, industry value added, which measures the industry's contribution to the US economy, is expected to increase at an annualized rate of 9.2%. Meanwhile, US GDP is forecast to rise at an annualized rate of 2.5% over this same period. These rates indicate the industry is in a growth phase of its life cycle since its growth rate outpaces GDP over a 10-year period. Rising industry participation and new product offerings also indicate a growing industry.
Over the 10 years to 2020, the number of establishments in this industry is expected to increase at an average annual rate of 2.9% to 339... purchase to read more