August 2019 - Codiant

Fantasy Sports: Statistics, Emerging Trends and Investment Opportunities

Fantasy sport is an increasingly significant social phenomenon whose penchant has risen to elite ranks- ample enough to attract big investors, fantasy players, and fans. From draft party to brand marketing and sponsorships to playoffs fantasy sports get fans engaged with the competition. And in that flux, fantasy sports app participation inflates to follow weekly matchups, make trades, check updated score etc.

The meteoric rise of fantasy sports players had remarkably impacted the financial bottom line of the business which aggregates league fees, transaction fees, web hosting fees, challenge games, informational materials and so on.

Here we conduct systematic research that employs data from famous and most trusted research institutes and agencies. Have a look.

//Of the 56.8 million players, more than 40 million play fantasy football.

Interesting Fantasy Sports Market Statistics (India)

India is fast becoming the battlefield of fantasy sports operators with a whopping number of 60 operators and growing.
Rapid growth in India in the last 2 years- from 2 million users in 2016 to 20 million in 2018.
Out of the users who have ever played fantasy sports- 96% of them have played it at least once in the past 1 year.
With 20 million fantasy sports users, India rapidly catching up with western countries.
Fantasy Sports is highly sticky- 89% of the users play it at least once a month.
Engagement wise, users spend 42 minutes a day on a fantasy sports app.
2 out of 3 or 67% of online sports fans in India are aware of fantasy sports.
Projected Fantasy sports users by 2020- 100 million, 30% of online sports fans in India.

Investors Are Spending Millions into Fantasy Sports

Reports say fantasy sports are paralleling online stock trading. People who engage in online stock trading (over 44 million in the U.S. alone) are three times more likely than the general population to play fantasy sports online, according to Nielsen data.

Draft Kings and FanDuel – daily fantasy football apps – have witnessed successful venture capital raises and market shares with driving consumer demands.

The Growth Opportunities in Figures

America is the largest production of Fantasy Sports, the revenue market share over 58% in 2017, the second-largest area in the world is Europe, and revenue market is about 14% in 2017.

According to a study, over the next five years, the Fantasy Sports market will register a 13.24% CAGR in terms of revenue, the global market size will reach US$ 33199.64 million by 2025, from US$ 13906.77 million in 2018.

How Codiant Can Help You?

Codiant proffers all types of fantasy solutions to the clients globally. We have delivered an array of fantasy sports app and web development solutions including daily and season-long fantasy sports with fully customized and integrated features.

5 Promising Features Of IOS 13 Developers Need To Know About

Unsurprisingly, Apple is known for breaking its own records and no denies it has always kept its bar high and relentlessly made the user experience much more mesmerizing. Thanks to the incremental improvements.

And with iOS 13, it feels Apple’s main focus is on quality-of-life updates. In developer lingo, it’s all about refinement. We all have gone through the list of iOS 13 updates no less than a whale, but when compared to previous versions of iOS, there is a line of lesser-known features that failed to make big headlines but are most sought after. Here is the promising list:

1. NFC Gets More Muscles

NFC that powers Apple Pay has got more powerful. As said in the WWDC conference, now apps will be able to write directly to blank tags, as well as interact with tags through native protocols instead of only allowing iPhone apps to read NFC tags. This opens up a range of new application possibilities for developers, including the ability to develop iOS apps that read passports and contactless smart cards and interact with NFC-enabled hardware.

nfc-gets-more-muscles

2. Security and Privacy Got New Layers

Whoa! Unlike in the previous version now you will start to see reminders about apps that track your location. This new iteration will periodically remind you about apps that are tracking your location in the background. No wonder you can always limit the tracking. Not the end, the apps that annoyingly wanted access to Bluetooth now can be declined; second, the personal notes feature in users’ contacts is now totally personal (no app can see what’s in it). Last comes with sigh–you can remove the location data from a photo before sharing anywhere.

3. Photo Adjustments Takes A Step Forward

Another cool feature to shout out! Though other apps have this feature for ages, having it in Apple is a new add-on. Now you can easily adjust perspectives in the photos meaning you got the ability to adjust the x-axis and y-axis skew for a photo.

4. Locating What’s Lost Got a Lot Easier

The Find My app becomes an umbrella app for both Find My Friends and the Find My iPhone apps. Now you can find whatever you need to find from a single app. Plus, it has a nifty feature to awe you- it allows you to find lost devices even when you don’t have a WiFi or LTE connection.

5. Keyboard Comes in Action with QuickPath

Apple finally added a new swipe keyboard option with iOS 13. The new gesture-based keyboard available directly from the system keyboard is smart enough to offer suggestions through the QuickType bar, and help you auto-complete your sentences.

It’s a wrap! Stay tuned for more updates, soon in the next blog we’ll have a war of features between Android Q and iOS 13.

Top Taxi App Features to Outdo Giant Competitor like Uber

Competition for Taxi Apps heats up in Asia, Europe and the Americas as home-grown apps flourish across the region. The “Taxi booking app“ industry sorely needs a range of game-changing features to compete with Uber-like upstarts.

In the wake of excessive competition where every next brand is trying to have the back of customers in every service they offer, it has become vital for taxi operators to adopt all those laidback features that can level-up their game against the aggressive rivalries and give them an exclusive facelift to make a dent in the taxi industry.

If you are one such taxi fleet owner and operator vying for those unique offerings that others have yet not eyed upon then congrats you took the hiatus on the right place. Here we uncover the passenger’s most wanted line of features.

1. A Personalized Chauffeur Treatment

Hire highly experienced, licensed, and professional chauffeurs who are fully committed to giving your customers a luxurious ride-hailing service. There is no better approach than making your customers feel aristocrat while they’re taking an ordinary road transit cum a taxi app ride.

A Service level Chauffeur gets the doors opened for riders.
Takes the scenic route if a rider wants to see the sights, or take an optimized route to their destination for sparing their time.

These services give customers a heavenly treatment and make their ride extra special, stylish and lavish.

2. A Bespoke Journey As Per Rider’s Taste

Tailor the journey of your riders’ as per their own preferences and tastes. Ask your riders for their music choice, favorite route, and cab temperature settings. This way you can make their journey extremely relaxing and delightful.

3. Pre-Book Airport Services

Unlike Uber and other similar apps, keep your app flexible enough that allows customers to pre-schedule airport rides and let them choose an option to request Airport Gate Greeter service.

Chauffeurs can welcome riders’ by standing with a name sign at the arrival gate.
Give riders’ ease by handling their luggage and taking them off to a smooth ride.

4. Introduce A Unique Referral System

No denying as a business we always think of generating profits. But this time think of customers’ profit as well. Offer them a unique referral code that allows the riders to refer to other riders and offer them a chance to earn commissions every time their referred riders take a ride.

5. Advanced Ride Scheduling

We’ve seen travelers pre-booking their flight, bus or train tickets months before. Why not make their travel transit fully accomplished by letting them pre-book their taxis as well!

Allow your riders to pre-book the rides a month before at fixed price charges while guaranteeing them no price surge and an option of a refund if they cancel it before specific timeframe decided by you. This gives riders peace of mind for their safe journey and also an extra privilege of getting the money back in the wallet in case they happen to cancel the journey.

In order to outdo the rivalries in this intensified taxi hailing competition it has now become crucial for taxi operators to develop an outstanding taxi app that adopts first-string features and functionalities for making rides extra luxurious and lavish.

Month: August 2019