How to Develop a Fantasy Sports App like Dream11?
What is the first thing that comes to mind when you think of Fantasy sports games? We bet it is either going to be Dream11 or DraftKings.
The two “hot news” currently breaking out on the internet.
Both fantasy apps are leading in the sports app development industry and have tremendously contributed to the sports market individually and together.
As of October 2023, Dream11 became the best fantasy app in India and released its company valuation at 6,581 crore with 200 million worth of active users across the geographics.
Having said that, Dream11 widely anticipates fantasy football, cricket, hockey, kabaddi, and more which has further drawn a competitive edge to large sports app companies such as ESPN, Yahoo, and CNN.
Are you keen on creating a Dream11-like app or website at a very low price? We have an entire roadmap featured just for your business.
In this blog, we will share the roots of creating a low-budget app for fantasy sports, keeping Dearm11 as our inspiration, and exploring the key steps, market insights, and important parameters to consider that help you build your fantasy app.
Understanding Fantasy Sports App
Fantasy sports apps like Dream11 have redefined how sports fans interact with their favorite games. These platforms provide users with the opportunity to build virtual teams composed of real-life athletes, competing against other users’ teams based on the statistical performance of those athletes in actual matches. The concept has gained immense popularity due to its ability to offer a more immersive and engaging experience for sports enthusiasts.
How Fantasy Sports Apps Work
At the core of a new fantasy app lies the drafting process, where users select players from a pool of real-life athletes to form their fantasy cricket team app.
Each player’s performance in real-world games translates into points for the user’s fantasy team, based on predefined scoring rules.
These points contribute to the team’s overall score, determining its ranking and potential rewards within the fantasy cricket app download.
Features and Functionalities
A fantasy sports app development company typically offers a range of features to enhance user experience and facilitate seamless gameplay. Some of the key features include:
- Player Selection: Users can browse through a comprehensive list of athletes and select their desired players to form their fantasy team from the best fantasy app in India.
- Scoring System: Each player’s performance in real matches is converted into points according to a predefined scoring system, which may vary based on factors such as goals, assists, yards gained, etc., depending on the online app development software.
- League Creation and Joining: Users can create their leagues or join existing ones, competing against friends or other users with similar interests through the free joining fantasy app.
- Live Updates: Real-time updates on player performances and match results keep users informed and engaged throughout the game.
- Team Management: Users can make strategic decisions such as substituting players, making transfers, or adjusting their lineup based on injuries, suspensions, or other factors.
- Social Interaction: For a low-budget app development look for features like chat rooms, forums, and social media integration to enable users to interact with fellow players, share insights, and discuss strategies.
- Rewards and Prizes: Fantasy sports apps often offer rewards such as cash prizes, merchandise, or other incentives to motivate users and enhance competition.
Why Fantasy Sports Apps Like Dream11 Are Popular?
To create a stellar mobile app for fantasy sports like Dream11 there are a few attributes to keep in mind:
- Engagement: Fantasy sports apps like Dream11 offer a highly interactive and engaging experience, allowing users to feel more connected to the games they love.
- Competition: Users enjoy the competitive aspect of building and managing their fantasy teams, competing against friends or other users to prove their sports knowledge and skills. However, we recommend only going for the best fantasy app with low competition to rank faster and effectively.
- Socialization: These platforms provide a social outlet for sports fans to connect with like-minded individuals, share their passion for sports and fantasy betting apps, and form communities.
- Entertainment: Fantasy sports app-building software offers a form of entertainment that is both entertaining and intellectually stimulating, appealing to a wide range of users.
User Demographics To Develop a Fantasy App Like Dream11:
According to online app development software experts, fantasy sports apps are scaling up, especially after introducing many top cricket leagues in 2024. Let’s look at the following user demographics:
- The fantasy sports industry will expand by USD 6.11 billion between 2021 and 2026. Additionally, from 2021 to 2026, the market will expand at a compound annual growth rate (CAGR) of 6.51%.
- According to the app-making company, the current industry estimations, the worldwide eSports market is expected to generate $2,174.8 million in revenue by the end of 2023.
- At the predicted period, there is also a CAGR rise of 18.61% through the free joining fantasy app.
- It is anticipated that the worldwide fantasy sports market will rise from USD 6.45 billion in 2022 to USD 12.87 billion in 2028 at a compound annual growth rate (CAGR) of 12.19%.
- Because sporting events are so thrilling, the number of people who play fantasy sports apps like Dream11 has increased significantly over the past few decades.
Let’s also see the Dream11 Fantasy cricket industry overview in India:
- More than 3/4 of the gaming market is accounted for by Indian online gambling platforms. One of the most played game genres in the world is fantasy sports, which is expected to reach a market size of Rs. 1,65,000 crore by FY25. India is altering the fantasy sports game sector remarkably. In 2016, there were just a few platforms, but currently, there are over 300 developers.
- Although fantasy cricket has been around for a while, the Indian Premier League’s introduction in 2008 set the cricket world on fire. This ultimately contributed to “Fantasy Cricket’s” rise to fame. Since then, fantasy sports have developed more quickly and expanded to include a wider range of sports, including badminton, kabaddi, football, basketball, hockey, and so on. The most well-known venue is still Fantasy Cricket, though.
- Additionally, Dream11 aided in the ascent of other gaming unicorns in the nation in 2019. India’s fantasy sports market is seeing a massive upswing as a result of the millions of players that fantasy cricket sports platforms like Dream11 captivate every day.
Fantasy Sports App Development Market Trends:
Fantasy sports apps like Dream11 have become the best fantasy apps in India due to their vigorous mobile app development strategies and careful trend integration. Why is Google Trends important? For people who don’t know, Google Trends is a Google-oriented tool for marketers and whoever needs to find relevant and trending keywords/topics from the breakout and use them in their product or service to make it rank.
Here are a few fantasy app market trends:
1. Expansion into New Sports and Leagues:
Fantasy sports apps are diversifying beyond traditional sports like football, basketball, and baseball. There’s a growing interest in niche sports such as soccer, cricket, eSports fantasy apps, and even non-sports events like reality TV shows and award ceremonies. A mobile app development company capitalizes on the best fantasy app to win money that caters to a wider audience and captures new market segments.
2. Integration of Emerging Technologies:
Fantasy sports apps like Dream11 are incorporating emerging technologies like Artificial Intelligence (AI), Augmented Reality (AR), and Virtual Reality (VR) to enhance user experience and engagement. AI-powered algorithms help users make informed decisions in player selection and team management, while AR/VR development solutions offer immersive gameplay experiences, such as virtual stadiums and interactive player simulations.
3. Personalization and Gamification:
Personalization features in top apps like dream11 are becoming increasingly prevalent in fantasy sports apps, allowing users to customize their experience based on their preferences and interests in the custom fantasy sports software development. Gamification elements, such as badges, achievements, and leaderboards, incentivize user engagement and drive competition. By incorporating these features, fantasy sports app development companies like DianApps can create a more immersive and rewarding experience for their users.
4. Global Expansion and Localization:
Fantasy sports apps like Dream11 are expanding their reach beyond their home markets and targeting international audiences. This involves localizing a mobile app like Dream11, including language support, currency options, and culturally relevant features. By catering to diverse audiences worldwide, app developers can tap into new revenue streams and strengthen their global presence.
5. Regulatory Compliance and Licensing:
With the increasing popularity of fantasy sports apps, regulatory scrutiny and compliance requirements are also on the rise. App developers need to ensure compliance with gambling laws, obtain necessary licenses and permits, and implement robust measures to protect user data and privacy. By prioritizing regulatory compliance, dedicated app developers can build trust with users and safeguard their long-term viability in the market.
These trends highlight the evolving landscape of fantasy sports apps and the opportunities for innovation and growth in the industry. By staying abreast of these trends and adapting their strategies accordingly, app developers can position themselves for success in the dynamic and competitive market of fantasy sports apps.
Steps To Create A Low-Budget Fantasy Sports App Like Dream11
1: Market Research and Analysis:
Conduct thorough market research to understand the competitive landscape, target audience demographics, and market trends. Identify the sports and leagues with high user engagement potential.
2: Choose the Right Monetization Strategy:
Freemium Model: Offer basic features for free and charge users for premium features or enhanced experiences.
Advertising: Generate revenue through display ads, sponsored content, and partnerships with advertisers.
In-App Purchases: Offer virtual goods, premium content, or additional features for in-app purchases.
Subscription Model: Charge users a recurring fee for access to premium content or exclusive features.
3: Legal and Regulatory Compliance:
- Obtain necessary licenses and permits to operate legally in the jurisdictions where you plan to launch your app.
- Ensure compliance with gambling laws and regulations, as fantasy sports apps may be subject to gambling laws in some regions.
- Implement measures to protect user data and privacy, such as GDPR compliance and secure data encryption.
4: Develop the App:
- Hire mobile app developers or outsource development to a reputable Sports app development company.
- Ensure that the hired app developer welcomes universal technology stacks for a fantasy app like Dream11 such as Kotlin for Android app development, Swift for iOS app development, Node.js for Backend development, AWS or Azure for cloud, SQL or MongoDB for Database, Google Cloud Messaging and Apple push notifications services, Socket.io for chat, Azure stream analytics for real-time analytics, Sports API such as Goalserve, EntitySports, and Cricinfo.
- Design an intuitive user interface and engaging user experience to enhance retention and usability.
- Implement essential features such as player selection, live scoring, team management, social interaction, and secure payment processing.
5: Build Partnerships and Collaborations:
- Partner with top cricket leagues in India, teams, and athletes to access exclusive content, promotions, and branding opportunities.
- Collaborate with sponsors, advertisers, and media partners to monetize the app through advertising, sponsorships, and content partnerships.
6: Launch and Marketing:
- Plan a strategic launch strategy to generate buzz and attract users to your app.
- Hire a digital marketing company to leverage various channels such as social media, Search Engine Optimization (SEO), email marketing, and influencer partnerships to promote your app.
- Engage with users through community building, contests, and promotions to drive user acquisition and retention.
7: Measure Performance and Iterate:
- Monitor key performance indicators (KPIs) such as user acquisition, retention, engagement, and revenue.
- Collect user feedback and iterate on the app based on user preferences and market trends.
- Continuously optimize your business model and app features to maximize revenue and user satisfaction.
By following these steps and building a robust business model, you can set up a successful fantasy sports app company like Dream11 and capitalize on the growing demand for fantasy sports entertainment.
How To Make an App Like Dream11: Features & Functionalities
Now to make the same app like dream11, you need to add basic and advanced features to attract new fantasy app users and entice the old ones. Here we have added the complete list of what needs to be added to your Fantasy sports app like Dream11 development.
Fantasy Sports App Like Dream11 Features For Users:
- User-friendly interface
- Easy cash withdrawal
- Refer & earn
- Participate in live content to win prizes
- App update system for smooth app functionality
- Multiple add money options (so that users can have the liberty to use their favorite payment apps)
- Money withdrawal history
- Exciting filters and models
- Flexible team players add to the team
Fantasy Sports App Like Dream11 Features For Admins:
- User management board
- Categories of content management
- Reward management section
- Cash withdrawal and depositing approval component
- Offers and discount coupons management board
- Easy navigation dashboard
- Tracking tool to get real-time analytics
- Management board to create mix-match players and teams
Apart from these admin features, there are a few additional advanced-level fantasy sports app development functionalities that include:
- One-click cash withdrawal
- Custom fantasy sports software development when necessary
- Management of GST (a crucial function)
- Management of Emails and Notifications
- Section regarding app tour management
- User-level management in a sequential manner for administrators and sub-admins
- Time management while entering a contest
We are not done yet! Don’t you want your users to also check the live updates or highlights? Maybe even give them opportunities to win exciting prizes through quizzes and score predictions kind of like a sports betting app? If yes, then read below:
- Top winners of the team forecast
- Quick cricket quiz
- Earn points and unlock games
- Champion and score prediction
- Live IPL T20 fantasy cricket updates and highlights
- Last match performance history
- Make friends through Chat models
What is the Approximate Cost To Develop A Fantasy Sports App Like Dream11?
The location, the platform (iOS or Android), the degree of complexity, and the design—the central component of the Dream11 app—all affect how much it costs to create a fantasy sports app development.
An improved user interface may be used in several significant ways. The creation, layout, and appearance of mobile applications, including wireframes, logos, color schemes, and aesthetics
iOS and Android app development are the two main mobile operating systems. Additionally, sports betting apps such as Dream11 are being developed. The typical cost of app development in the US is $5,000 to $10,000.
The features, specifications, and usefulness range in price from $10,000 to USD 20,000. In addition, the dream11 app development cost may rise with the number of components.
Now let’s examine how to calculate the cost of developing a fantasy sports app:
- Data feeds: These can range in price from $500 to several thousand dollars, depending on the sport and data requirements.
- Domain Registration: The annual cost of a new domain can range from $10 to $20.
- Legal fees: These can also run you roughly $1,000 on the market, depending on where you live.
- Hosting: The annual mobile app cost might range from $100 to $200, depending on the traffic and hosting options. Regular website backups and enhanced security may come at an additional cost.
- Annual Maintenance: It can support the required data and can run on a budget of around $1000 each year, depending on the degree of changes.
- Custom Solutions: For $20,000, a person can get custom solutions if they wish to create their own fantasy sports website but have a limited budget for unique UI.
- White Label Solutions: These goods are ready to use right out of the box. You may get these sorts of solutions and not worry about marketing when there is a big opportunity to generate money. These “white label fantasy cricket software development” solutions typically have a $5,000 starting price.
Why Choose DianApps For Fantasy Sports App Development?
Being a profound leader in creating sports apps for cricket, football, and whatever else. DianApps has a significant contribution to creating fantasy apps like Dream11. We use the trendiest software and algorithms to develop mobile apps and websites with customizable efforts so that you get the desired results in the same app as Dream11.
Hire developers and programmers from us to create your dream11-like app that gives a tough edge to other higher-level brands.
Conclusion: Make an App Like Dream11
The fantasy app development industry is said to grow by leaps. And bounds reaching USD 46851.52 million by 2028 at 12.77% CAGR. This means, indulging in a sports app development company for fantasy apps like Dream11 could never go wrong!
Through this guide, we were able to share some key details on how to develop a fantasy sports app like Dream11. We hope you find this blog resourceful. And get your app developed with the help of DianApps’ team of experts and developers.
So, what is your opinion on the Dream11 fantasy sports platform? Let us know in the comment section.