$20 billion is what the fantasy sports industry is aiming for by 2025, with half a billion users. Fantasy cricket in India is the juggernaut propelling online gaming at a scorching pace. Every young Indian is harping on how to play fantasy cricket because they can win actual cash from online fantasy leagues and tournaments.
Play fantasy cricket using technology
The outlook for the fantasy gaming industry in India looks positive with AI and ML technology and the ensuing innovation in the field. Let us see how technology fosters the fantasy sports experience and the role of new technologies.
Outreach with technology
The rise in smartphone penetration, usage, and low data costs have boosted fantasy sports outreach. A favorable demographic and tech-savvy, die-hard Indian sports lovers have fueled it further. The newly launched T20 cricket series has catapulted fantasy sports to the top of the popularity chart.
AR/VR Powered UI Boosts UX
Augmented and virtual reality fuel the big-ticket growth of the fantasy gaming industry in India. They have paved the path to achieving an out-of-the-world experience akin to artificial reality in the video gaming industry. Several virtual reality tools and software contributed to boosting the game-playing experience manifold. AR/VR has enabled the big screen extravaganza of cricket, which is nothing less than a live on-field stadium-like experience.
The imminent arrival of the impending 5G technology
Technology-powered mobile operators are harping on the launch of 5G technology and popularizing it with data benefits. The expected rise of 5G smartphone users from 400 million to one billion has growth potential. The high-speed data and low latency of 5G will help fantasy cricket platforms create a better multiplayer gaming experience in the future.
Innovation in Blockchain technology
Blockchain technology will promote transparency in data privacy and secure money transactions online. Blockchain will help with time stamps, team combinations, statistics, and sports data availability. All these will help prevent fraud and make the complete fantasy sports experience fairer and more transparent. Blockchain information upholds the accuracy of data consumed by fantasy sports users and is verifiable at any point by anyone. The decentralized system and architecture ensure no single authority controls the gaming experience. Thus, it helps overcome the regulatory roadblocks.
Technology supporting Regulation
The absence of regulation is a challenge for fantasy sports operators in India. Technology can help better adherence to the legislation to regulate the practices. Niti Ayog has published a draft to put down the guiding principles and regulatory compliance for the fantasy sports industry. It suggested regulating the fantasy sports industry. It further advised forming a self-regulatory agency to help the fantasy sports business across India adhere to the regulations. With technology, regulatory adherence will be easier for the industry.
New games innovation to boost UX
Technology empowers the operators to innovate and launch new games and gaming experiences in line with the users, demands. The influx of sophisticated gaming apps promotes the multi-sport culture in India. Fantasy sports apps are reinventing the online sports experience. It combines communication, social features, and entertainment experience into one bundle. AI helps fantasy sports with instant withdrawals, KYC approval, unique team combinations, and contests. Live user interaction and algorithmically generated NFT trophies are the features in the apps of most operators, like 11 Wickets in India.
Besides, technology breakthroughs and metaverse means are soon becoming a part of the gaming experience. The technology innovations help develop an unconventional, streamlined, and seamless playing experience. Technology will help the looping of user feedback and insights. It will make the fantasy platforms increasingly innovative.
Technology enabled user engagement
Blockchain helps users share data without giving away control and ownership of it. Technology-driven skill-based fantasy games allow users to take the help of technology to research sports data. Access to past performance, pitch, weather reports, and expert opinions helps make informed decisions. Users can access sources like friends and experts from fantasy sports platforms and apps to gather insights.
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