Cricket is the primary sport in India that requires a great deal of participation and is one of the most widespread in the country. India’s online gaming sector has undeniably grown into a fast-growing platform, accounting for 3/4 of the gaming market. Fantasy sports, often known as esports, is a rapidly expanding industry that shows no signs of slowing down. It is one of the most widespread gaming genres, with a market value of $5 billion predicted now. India has undergone a spectacular transition in this business, from a few fantasy sports game platforms in 2016 to 60+ developers.
The interest in esports is supposed to rise quickly, and the Federation of Indian Fantasy Sports (FIFS) gauges that more than 100 million gamers are into playing fantasy sports.
We should gander at how esports has developed considerably throughout the long term. Furthermore, what gaming stages in India are in-line to be among the gaming unicorns of the country.
Numerous specialists and investigators have shown up in the fantasy games domain, and their interest is on the ascent. Cricket is a well-known sport in India and requests humongous commitment and is quite possibly the most celebrated sport followed by the more remarkable part of the nation’s populace. However, the game has acquired a different prevalence with the presentation of the T-20 association a couple of years back. With the developing prominence of the actual game, fantasy cricket has likewise been developing a wide margin. As its name proposes, fantasy cricket has a place with the dream sports kind in which the users play on a virtual stage. The fame of virtual games has been for a couple of years, and it is assessed that a massive number of game lovers play fantasy cricket in India.
Due to its widespread appeal, many cricket fantasy sites have recently risen to prominence. On such sites, cricket fans have a large following. As a result, many people have recently come into the fantasy cricket scene, especially the younger generation, fantasizing about creating a team of their favorite players.
How Has Esports (Fantasy Sports) Changed Over Time?
While fantasy sports have been doing rounds for a long time, it wasn’t until 2008 that the Indian Premier League caught the cricket world by storm, resulting in the rise of ‘Fantasy Cricket.’ Since then, fantasy sports have advanced faster, and their scope has expanded to include games like hockey, football, basketball, rummy, kabaddi, badminton, carrom, and others. However, fantasy cricket has remained the most well-known domain until today.
The rise in the popularity of esports can be attributed to increased internet accessibility. In addition, the economic data pricing trend launched by Reliance JIO and the advent of many low-cost mobile phone manufacturers had a significant impact on the gaming industry, especially the fantasy sports side.
Based on the recent growth trends of various gaming platforms in India, there appears to be a good chance that other gaming unicorns may emerge in the future. The mobile gaming industry in India has expanded enormously, with high-end cricket games like the World Cricket Championship combined with well-known online gaming start-up apps.