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- Fantasy Dream11 IPL Sponsor Market Share Size In India 2020 | How Many Fantasy User In India? Top Five Sports Cricket Websites List From My 11 Circle, Hallplay, Fanfight
new Delhi2 hours agoAuthor: Jaydev Singh
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- Last year fantasy sports users won 14 thousand crores, companies earned 2.5 thousand crores, the government also earned 776 crores from GST, tax and TDS.
- Fantasy sports market has been 9 times in three years, fantasy sports platform is the employment of 8.5 thousand people
A company which is currently synonymous with fantasy sports in the country. This company has a 90% share in the fantasy sports market. The same company is also the title sponsor of the IPL. Here the Dream-11 is happening. The journey of this company is like dreams, the story of the creator of it is equally interesting. And equally interesting is the story of fantasy sports market.
Today, we will talk about these three. Beginning with Dream-11's story of a dreamer. A boy forms a company in 2008. In 2012 Fantasy enters the sports segment. At the time when very few people knew about it in the country. In 2013, he was looking for an investor for himself. He was also studying at Columbia Business School. If he wanted, he could easily raise funds for the company from his father. But, he had to set up the company on his own.
He also raised funds and made his company synonymous with fantasy sports in the country. This boy is none other than Harsh Jain, the co-founder of Dream-11. If it is about the fantasy sports market of the country, then its story will not be complete without Dream-11. As of 2016, there were less than ten companies in this segment. Today there are more than 140 companies.
The fantasy sports market has grown 9 times in the last four. Four years ago, its total market was 1,743 crore. Only 20 lakh people played fantasy sports across the country. Today its market has become Rs 16,467 crore. There are over 9 crore people playing it. In that too, Dream-11 alone has almost 11 million users.
The players are earning
The people playing this virtual game are constantly growing. Along with this, the earnings of these people are also increasing. In 2016, those who played it earned Rs 350 crore. In 2019-20, the earning figures of the users reached about fourteen thousand crores rupees. Fantasy Sports users play cricket the most. But, users are increasing continuously in the rest of the games too.
Users are earning more than companies
The fantasy sports market market has grown nine-fold in the last three years. The earnings of companies working in this segment are currently close to two and a half thousand crores. Users who play it are earning nearly three times the earnings of companies. The users who played it last year won about 14 thousand crores.
As the fantasy sports market grows, employment in this segment is also increasing
Direct and indirect employment of about 1500 people was running from this segment till 2016-17. Currently, 3,400 people work in this segment. Employment of about 5100 people is going on indirectly from fantasy sports market.