Ever since the advent of mobile apps and websites, sports has been a prevalent theme across the globe. In every country, people are inclined to some or other sports and when that favorite game is available in their handheld devices, there is no limit of trying new things and make the experience even better.
In the European countries, it would be soccer and in the US, it would be basketball or American football. And in India, it is obviously cricket, a sport that is much more than merely a game and often equated to religion. Therefore, fantasy cricket app development becomes an emerging niche for the tech aspirants of the country.
As for the entrepreneurs, it is a huge source of opportunities as the number of smartphone users is increasing and cricket is a game that strikes a chord with every Indian.
Therefore, it is a domain that must be explored by young entrepreneurs who want to achieve the biggest feats. But to make that possible, it is a must that you are through with every single aspect of the platform.
For those who are unaware of this emerging sphere yet, a fantasy sports app lets you play your favorite sports on the smartphone just the way you play it in the ground. You can create teams, organize tournaments and engage in betting as well.
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Fantasy Sports in India
It has been only a few years that India was introduced to the concept of fantasy sports. But this country is a potential market for almost everything you can imagine. In this context as well, we are catching up with the other nations and the scenario is getting better day by day. You must have seen the advertisement of Dream 11 or some other fantasy app on TV or Newspaper while watching an IPL match or any other cricket tournament.
This clearly shows that the fantasy sports industry is getting big and the number of users is growing rapidly. When talking about the overall sporting scenario in India, thanks to our amazing athletes and collaborated efforts by the government and corporate sector, games like football, kabaddi, badminton, hockey, and basketball are also getting popular. As a result, they are also being incorporated into fantasy apps.
With the initiation of premier leagues in other games, we can certainly expect the rising popularity of the other games as well and it is certainly going to reflect in the entire fantasy sports industry of India.
Overview of Fantasy Sports App Market in India
There is no need to mention that the number of fantasy sports app users is increasing day by day. According to the recent surveys, around 67% of the cricket fans who are smartphone users as well are familiar with the concept of fantasy sports. Except for this figure, another report suggests that a total of 7 million people have recently joined the marathon and this number doesn’t involve cricket lovers.
Games like football and kabaddi are also very popular in specific areas of India. The recent successes of athletes in badminton, wresting and various other games have piqued the interest of Indian youth in other lesser popular sports in the country. If you look at the percentage, the studies suggest that the growth in the number fantasy sports app user is going on at the rate of 30% to 50%. This simply suggests that the future of developers and entrepreneurs in this industry is going to be fantastic.
Related: Cost and Features to Develop fantasy Cricket App like Dream11
The growing popularity of these apps is truly exceptional and it is certainly creating many opportunities for people involved in it. There is no doubt about the fact that the usage of these apps is only going to increase and many platforms will be able to establish their position in this domain. The fact that India is already a hub of developers makes the creation of fantasy apps even easier for entrepreneurs.
Since the advent of fantasy sports in India, various platforms have been introduced and some of them have been able to set a benchmark in the fledgling industry.
The most successful fantasy apps in India so far:
Dream 11
Currently, it is the most popular fantasy sports app in India, not just because of MS Dhoni as its brand ambassador, but because of its easy format and inclusion of multiple games. It is also the most financially successful fantasy sports gaming company after entering the “Unicorn Club” with the worth of $1 billion.
It is also an official partner of Indian Premier League, Pro Kabaddi League, WBBL, BBL, International Hockey Federation, National Basketball Association, Hero Indian Super League, Hero Caribbean Premier League, and ICC too.
With these feats, it is clear that this app will remain an ideal example for every entrepreneur who wants to make his/her platform successful in this domain. A great number of users play and win money on this app across the nation.
HalaPlay
This is another fantasy sports app that gained huge popularity lately. We also saw cricketers like Hardik Pandya and KL Rahul promoting this brand recently. The app has introduced the Daily Fantasy Sports or DFS offers that have got quite popular among the users. On this platform too, you can enjoy Football and Kabaddi other than Cricket and win hard cash.
The app features different leagues that have unique payment models as well. DFS feature allows the users the engage in games with a shorter duration which has attracted plenty of fantasy sports enthusiasts. It is very easy to create a team and play the match using this platform without wasting time in longer formats.
Requisites for a Fantasy Sports App
A fantasy sports app comprises of different features that make one different from another. However, there is a set of basic features that are essential for every application.
With them, you can make your app presentable, but if you really want to make a difference, then it would take a unique idea that gives something new to the users. So let’s go through the essentials that have to be there.
User and Admin Panel
Both of these panels play a pivotal role in managing the software. With their help, the users can easily handle all the events and make the experience better. They both help the users in setting their preferences and fine-tuning the audio-visual interface as per your liking. Every user has to be familiar with them in order to make the most of the application.
Home Screen
The very first screen that you lay your eyes at when the app is open and you are logged in. It also involves some filters through which you can optimize your search and get precise results. Besides them, you also get some options to decide what kind of tournament of a game you want to play.
Contest Screen
On this particular screen, the users are able to see all the different leagues, matches and tournaments that they can play. It also gives them additional details about the events including winning amount, number of players, entry fee, etc.
Dashboard
Here, users can update their profiles and make all types of changes in it. The information is provided on this page in a very categorized manner, you get to see reward points, ranking, account details, and other details in their separate sections. You would also be able to check your earnings, bonus, and reports about the daily activities on this screen. More or less, it lets you manage all the sporting-related activities.
Additional Features
Besides the basic ones, there are some additional features that make the game more creative and interesting. These additional features could include anything from knowing the location of other players to special formats of matches. There are different things that could make the experience of the users special and one needs to come up with a great idea. A small sort of customization in the interface that enhances the experience could also be considered as an additional feature.
Updating the users with the live updates of the match and reminders for upcoming events could also be considered a special feature. There is no limit of going above and beyond when it comes to delivering better services. You can come up with a better chat API as well and brandish it as a distinct attribute of your fantasy sports application.
Cost of Developing a Fantasy Sports App
Since technology is getting advanced and the number of developers is also increasing, the prices are expected to come down in the future. However, the current price for the development of a fantasy app on Android is $8000 and for iOS, it is $9000. As per the estimates based on the current rate of the growth of fantasy sports apps globally, 2.7 billion people are expected to join the fantasy app fever around the world by the end of 2020. Going by all these estimations, you can expect a major boost in this industry which could benefit us all.
Conclusion
This industry is growing by leaps and bounds giving plenty of opportunities to the techies and entrepreneurs. If you have been looking for a chance to establish your startup in one of the growing digital domains, then this is it. It is the right time to come up with an excellent fantasy sports platform that could gain huge popularity in no time. With Technoloader, you can achieve this feat as our developers can give an exceptional application that could easily make a mark in this emerging industry.