Some sliders include boxes, passes, shooting, post-ups, attacking, etc. These sliders represent different on-field actions and stats of a professional athlete, giving an overall DRIP rating and helping users make the appropriate choice. For instance, according to The Analyst, in June 2022, the Stats Perform group introduced their new and improved NBA Draft Model, which helps the users/franchises to plan and choose their players based on a performance slider.

Several software and platforms are introduced in the market to help the users customize and analyze their players, allowing them to choose the right players for their draft based on data.

Hence, sports fan engagement platforms, such as Fantasy Sports, are altering how fans interact with live sporting events. It will likely increase sports viewership, sponsorships, and participation, directly impacting sports development.

Sports Tech is expected to create opportunities for highly skilled software engineers, data scientists, and cyber security professionals.

An enthusiastic fan base has emerged, with an increasing number of people participating in, discussing, and competing in these sports, which has changed the way fans engage in sports, fueling the growth of fantasy sports.

Technology advancements, increasing smartphone and internet penetration, have accelerated the growth of sports in various countries.

In recent years, the introduction of multiple sports leagues in badminton, soccer, football (rugby), basketball, and volleyball has driven a shift in sporting culture.

The increasing popularity of players, the emergence of sports leagues, growing investment in digital and internet infrastructure, and the launch of fantasy sports applications as other means to connect with their favorite sports are some factors driving the market's growth. The Fantasy Sports Market size is expected to grow from USD 28.77 billion in 2023 to USD 54.98 billion by 2028, at a CAGR of 13.83% during the forecast period (2023-2028).

Fantasy sports betting industry