Industry Analysis & Industry Trends
Is this the real life, or is this just fantasy?
While fantasy sports have always been popular, the trend has been growing steadily as more people get connected to the internet and mobile devices, making it easier to manage teams and trades. Despite a stumble during the recession when per capita disposable income was low, the industry has posted double-digit annualized growth since 2007. This industry generates most of its revenue from advertisements, so as advertising expenditure grows, it boots Fantasy Sports Services' revenue. As free time decreases, however, there is less time for consumers to join fantasy leagues, potentially hurting revenue.... purchase to read more
Industry Report - Starting a New Business Chapter
This fast-growing industry has low barriers to entry. Technology change is low because the tools that fantasy sports software developers use have not changed much in the past five years. Although fantasy sports are now accessed through a wider range of platforms, like as applications on mobile devices, the fundamental development of the software has not changed. Likewise, regulation in this space is relaxed. Furthermore, investments for a fantasy sports software start-up company are relatively low because many are started by programmers who are willing to work at a discounted rate to get their company established. Many operators already have their own development servers because they are entering the industry from a similar field, and other costs are fairly negligible... purchase to read more