Gaming has become a form of entertainment and also an interesting mode of relaxation throughout the country. Fantasy gaming are turning the zeal for sporting events into reality, with the popularity of fantasy gaming in India rising high in a recent couple of years.

The huge fan base and rising interest have helped India in becoming one of the biggest fantasy gaming markets on the planet. The sector is estimated to be valued at 1.65 lakh crores by FY2025 with a CAGR of 38%, according to a report released by Deloitte. With this level of growth, a couple of significant patterns will shape the eventual fate of fantasy gaming in India.

Technological advancement
As technology is advancing, individuals have begun searching for related ways for partaking in their favorite activities. Most fantasy gaming players are sports fans who use virtual internet games to keep up with their favorite games and players.

AR and VR will play a major part in fostering India’s game culture and environment here. These extraordinary advances will change the ‘closer to reality aspect’ in the way people interact with the action on the field, transforming the online gaming experience. It will also assist with getting a lot of information on fans’ behavior that might be used to fit administrations to fans, bringing about a shared benefit for all players involved.

Intuitive gaming, as well as the ability to participate in and keep track of live sports, will be in high demand in the future as well. It will be an extraordinary method for connecting with fans on a more profound, more personal level and help one’s social network. It will also push the industry ahead and inspire first-time gamers to become more integrated with the industry and see fantasy gaming as a community.

Introduction of new games
India had around 390 million gamers in 2021, and this figure is anticipated to ascend to 500 million by 2025 thanks to the developing mobile gaming sector.

For example, the popularity of major sports leagues such as the National Football League (NFL) and the Indian Premier League (IPL) is increasing interest in fantasy gaming in India., e-Sports and virtual gaming have become more popular because of their increasing popularity. Furthermore, as there is a need to keep an ideal harmony between demand and supply, acquainting these new games with the platform will help the general fantasy gaming sector of India. It will provide a platform for live games and convert a casual game watcher into a game enthusiast by presenting figures, numbers, and expert data.

Sponsorship and celebrity support
With the coming of an undeniable significant games’ association in two years, fantasy gaming administrators are presently attempting to look for better approaches to draw in their users. Team sponsorship and sports superstar endorsement have ended up being the best sources to remain on the ball and observe Indian sports fan intensity.

The main impetus behind these joint efforts is the segment’s dramatic development potential. As per a report in 2021, spending on sports superstar endorsements expanded by 11% consistently, and there was a total of 444 brand endorsement deals, with cricketers representing 318 of them.

Increase in investments
Fantasy gaming have been a sector for advancement and investment for many years. Given the positive execution of fantasy games, it will help generalize investment in the sector and give an open door to worldwide corporate giants to enter the market and reform the entire gaming industry. Thus, creating jobs in India and becoming a worldwide powerhouse.

Since interest in sports is developing step by step, it is evident that fantasy gaming will become a huge spectacle in the nation. And as time and innovation progress, the industry is expected to keep on growing dramatically through large numbers of its verticals, including fantasy gaming.

Nonetheless, as the industry is advancing, public authorities ought to help out industry stakeholders and develop a centralized regulatory framework that motivates growth, investments, and higher revenue for the government.

Credit: YourStory