How Much Does it Cost to Develop Fantasy Mobile App Like Dream11?

Last updated on April 9th, 2024

The demand for mobile apps is increasing exponentially, and within this trend, fantasy sports apps like Dream11 are soaring in popularity. With a vast user base of over 10 million, Dream11 has firmly established itself as one of the premier platforms for fantasy sports enthusiasts in India. This app empowers users to craft their personalized virtual teams and engage in competitive gameplay based on the real-world performances of athletes.

For individuals passionate about fantasy sports or entrepreneurs considering venturing into the mobile app market with a similar concept, understanding the cost to develop fantasy mobile app like Dream11 is crucial. In the forthcoming discussion, we will delve into the myriad factors that influence the overall development expenses of such a specialized application.

What is A Dream11 App?

Dream11 is a highly renowned mobile application that has gained popularity due to its innovative concept, allowing users to deeply engage in the creation of fantasy teams across a wide range of sports leagues. By immersing themselves in the world of sports, users are presented with an exciting opportunity to strategically draft teams consisting of real-life athletes from various sports genres such as cricket, football, basketball, and more. The platform’s captivating feature lies in its dynamic scoring system, where points are rewarded based on the actual performance of chosen players during live matches. Amidst the unfolding excitement, users compete for the top position by accumulating points, vying for alluring cash prizes that await the champions at the end of each match or tournament. The journey on Dream11 is not just about creating fantasy teams; it’s about experiencing the thrill of sports and the joy of strategic gameplay in a dynamic and competitive environment.

Also Read: How to Design and Develop a Sports App like Dream11?

Market Stats & Growth of Fantasy Sports App

• Rapid Growth: The fantasy sports market has witnessed exponential growth in recent years, with projections indicating a continued upward trajectory. This expansion is fueled by the increasing adoption of smartphones and internet services worldwide.
• High Engagement Levels: Data reveals that users of fantasy sports apps are highly engaged, dedicating significant time to creating teams, participating in contests, and following live sports events to track the performance of their selected athletes.
• Global Reach: While initially more popular in the United States and Canada, fantasy sports apps have gained a strong foothold in other markets, such as India and the UK, demonstrating the global appeal of fantasy sports.
• Demographics: The majority of fantasy sports participants are millennials, highlighting the importance of digital platforms and interactive, engaging content to attract this demographic.
• Financial Projections: The fantasy sports industry is anticipated to generate substantial revenues in the coming years, with a noticeable increase in investment and sponsorship opportunities.
• Technological Advancements: Innovations such as artificial intelligence (AI) and machine learning (ML) are being integrated into fantasy sports apps, enhancing user experience through personalized recommendations and real-time performance insights.

Cost To Develop A Fantasy Mobile App Like Dream11

The development cost of a fantasy mobile app like Dream11 hinges on multiple factors, including the complexity of features, the geographical location of the development team, and the platforms (iOS, Android, or both) for which the app is being developed. Generally, a basic fantasy sports app with standard features can range from $20,000 to $40,000. However, for apps with advanced features like AI predictive analysis, real-time tracking, and personalized user experiences, the cost can escalate to between $50,000 and $100,000 or more. Additionally, post-launch services such as app maintenance, updates, and customer support can incur ongoing costs. Businesses must consider these variables when budgeting for the development of a fantasy sports app.

Cost Breakdown for Developing a Fantasy Mobile App Like Dream11

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Factors Affecting the Cost To Develop A Fantasy Mobile App Like Dream11

1. Size & Complexity of App  

One of the most significant factors affecting the cost of developing a fantasy sports app is its size and complexity. The more features and functionalities you want to include, the higher the development cost will be. A basic fantasy app with standard features like creating and joining leagues, live scoring, and player statistics will have a lower development cost compared to an advanced app with AI predictive analysis and real-time tracking.

2. UI/UX Design  

The user interface (UI) and user experience (UX) design play vital roles in the success of any mobile app, especially in the case of a fantasy sports app. A meticulously crafted and user-friendly interface is not only crucial for drawing in users but also for keeping them engaged. Nevertheless, creating a visually appealing and seamless UI/UX demands a significant investment of time, dedication, and expertise from proficient professionals, contributing to the overall expenses of the project.

3. Platform Type

The platform on which the fantasy app will be developed also has a significant influence on its cost. Developing an app for a single platform like Android or iOS will be more affordable than creating it for multiple platforms simultaneously. However, opting for cross-platform development frameworks like React Native or Flutter can help reduce costs while still providing a native-like experience.

4. Features & Functionalities

The number and complexity of features and functionalities you want to include in your fantasy sports app will significantly impact the overall development cost. Some essential features that are typically present in a fantasy sports app are league creation, player selection, live scoring, push notifications, social sharing, etc. However, if you wish to add advanced features like AI-based team suggestions or real-time analytics, it will increase the cost of development.

5. Tech Stack

The selection of a technology stack is a pivotal factor in establishing the development costs for a fantasy sports application. The proficiency of the development team across various technologies, programming languages, and frameworks can significantly impact the total expenses involved. Moreover, the integration of cutting-edge technologies such as Artificial Intelligence (AI) or Augmented Reality (AR) demands specialized expertise and resources, thereby contributing to the overall project budget. This careful consideration of technology choices underscores the intricate balance between innovative features and financial investments in app development.

6. Location Of Developers    

The location of the development team also has a significant impact on the overall cost. Hiring developers from countries with high labor costs, such as the United States or Canada, will generally be more expensive compared to hiring developers from countries like India or Ukraine. However, it is essential to keep in mind that the quality and experience of the development team should not be compromised for cost savings. Therefore, it is crucial to strike a balance between expertise and budget when selecting the location of developers for your fantasy sports app development.

7. App Maintenance      

App maintenance is an ongoing process that requires continuous monitoring and updates to keep the app functioning smoothly. This includes bug fixes, security patches, feature enhancements, and more. The cost of maintaining a fantasy sports app will depend on the complexity of the app, the frequency of updates, and whether it is managed internally or by a third-party service provider. It is advisable to allocate a budget for app maintenance in the initial development stages to ensure the long-term success of your fantasy sports app.

Must-have Features To Develop a Fantasy Mobile App Like Dream11  

Now that we have discussed the various factors that impact the cost of developing a fantasy sports app, let us take a look at some must-have features to consider during the development process. These features are essential for creating an engaging and user-friendly fantasy sports app like Dream11:

1. User Panel

The user panel is the primary interface through which users interact with the app. It should be easy to navigate and visually appealing to attract and retain users. Some essential features to include in the user panel are:

• Registration and login process: Users can easily register and log into the application using their email addresses, social media credentials, or phone numbers, ensuring convenient access and account management. This streamlined process enhances user experience by providing multiple options for account creation.
• Comprehensive profile management: Users have the flexibility to customize their profiles, modify personal details, and review account information such as balances, transaction histories, and more. This feature empowers users to personalize their experience within the app, promoting engagement and user satisfaction.
• Engaging fantasy team creation: Users can immerse themselves in the excitement of sports by crafting fantasy teams composed of real-life players from sporting events. The ability to make adjustments to teams prior to submission deadlines adds an element of strategy and anticipation, enhancing the thrill of competition.
• Diverse contest options: Users can participate in a variety of contests or even host their own private or public competitions. Before joining, users can explore contest specifics, rules, and prize structures, ensuring transparency and informed decision-making. This feature encourages user interaction and fosters a sense of community within the app.
• Real-time live score updates: Keeping users informed and engaged, the app offers instantaneous updates on live events and scores, enabling users to stay connected and invested in ongoing games. This feature enhances user experience by providing up-to-the-minute information and fostering a dynamic environment for sports enthusiasts.

2. Admin Panel

The Admin Panel is a powerful tool for app administrators to manage and monitor the application. It provides a comprehensive overview of user activity, content management, and system settings. With the ability to customize permissions and roles, the Admin Panel allows for seamless collaboration among multiple administrators.

Some key features of the Admin Panel include:

• User Management: Within the Admin Panel, administrators have the capability to oversee and manage user accounts comprehensively. This includes tasks like creating new accounts, editing the details of existing users, and handling the deactivation or deletion of inactive accounts to maintain an up-to-date user database.
• Content Management: Administrators play a key role in monitoring and moderating user-generated content to ensure it complies with the app’s guidelines and policies, fostering a safe and positive user experience. Moreover, they hold the authority to curate and release fresh content, fostering user engagement and interaction within the platform.
• Analytics and Reports: Through the Admin Panel, administrators gain access to a plethora of insights regarding user behavior and app performance metrics. This encompasses valuable data on active user counts, trending sports or events, and the level of user engagement. Armed with this information, administrators can make data-driven decisions to enhance the app and provide users with an optimized experience.
• System Settings: The Admin Panel offers administrators the flexibility to personalize various settings within the app interface, catering to the preferences of their target audience. This includes customizing language options, notification settings, and privacy controls to tailor the app’s functionalities according to the specific needs and preferences of users.
• Revenue Management – An additional benefit of the Admin Panel is its capability to manage app monetization. Administrators can track and analyze revenue generated from various sources, such as in-app purchases or advertisements, and make informed decisions on strategies to maximize profits while maintaining a positive user experience.
• Payment Requests Handling– With the Admin Panel, administrators can efficiently manage and process payment requests from users. This includes setting up payment options, verifying user information, and ensuring secure transactions for both parties.
• Security Measures– In addition to content moderation, the Admin Panel also offers robust security measures to protect the app and its users. Administrators can monitor user activity and detect any suspicious or fraudulent behavior, ensuring a safe and secure environment for all users.
• Support and Assistance– The Admin Panel also serves as a platform for administrators to provide support and assistance to app users. This includes addressing complaints or issues raised by users, providing timely updates and announcements, and offering troubleshooting solutions to any technical difficulties.

Read More: Top 10 Fantasy Sports Apps related to Cricket

How To Make Money From An App Like Dream11?

Dream11 is a popular fantasy sports app that allows users to create virtual teams of real-life players and compete against each other based on the players’ actual performance in real matches. The success of Dream11 has inspired many entrepreneurs to develop similar apps for different sports and games. But the question remains, how can you make money from such an app? Here are some potential revenue streams to consider for your fantasy sports app:

1. In-app Advertisement    

One of the most common ways to generate revenue from an app is through in-app advertisements. You can partner with businesses or brands related to sports and gaming and display their ads within your app. These ads can be in the form of banners, pop-ups, or sponsored content.

2. In-app Purchase

Another common revenue stream for apps like Dream11 is through in-app purchases. By providing users with the opportunity to buy virtual items or upgrades directly within the application, you can significantly enhance their gaming experience. These in-app purchases might involve acquiring additional player slots, unlocking exclusive premium features, or obtaining special power-ups that can give players a competitive edge during gameplay. Such personalized enhancements not only add value to the user experience but also create additional monetization opportunities for the app developers.

3. Freemium Model

The freemium model is a strategic approach that blends free and premium features to cater to a wider audience. With this model, the core version of your application is accessible for free download, enticing users with the option to enhance their experience through paid upgrades or an ad-free environment. This dual approach not only helps in expanding your user base through the free offering but also ensures a steady revenue stream from users who opt for the premium features.

4. Sponsorships  

Another way to generate revenue for your fantasy sports app is through sponsorships. As the popularity of fantasy sports continues to grow, many brands and companies are looking for opportunities to reach out to this audience. You can collaborate with these sponsors and offer them exclusive partnership deals that involve featuring their logo or brand name in your app, promoting their products or services within the game, or even creating customized branded content for their target audience. This can be a lucrative source of income, especially if your app has a significant number of active users.

How Much Does It Cost To Maintain An App Like Dream11?

Maintaining an app like Dream11 involves several recurring costs that can significantly impact the overall budget. These expenses include server costs, which can range from $200 to $2,000 a month depending on the number of active users and traffic. Update and development costs also play a crucial role, with minor updates costing around $1,000 to $10,000, and more significant feature additions or upgrades can escalate to $50,000 or more annually. Customer support is another vital aspect, often costing about $2,000 to $10,000 monthly, ensuring users receive timely assistance for their queries. Additionally, marketing and promotional activities to keep the app in public view can require a budget of $5,000 to $50,000 a month, vital for maintaining and growing the user base. Lastly, legal and administrative expenses should not be overlooked, adding another $1,000 to $5,000 to the monthly maintenance budget. These figures showcase the substantial investment required to maintain a popular and efficient fantasy sports app like Dream11.

Cost Breakdown for Maintaining an App Like Dream11

• Server Costs: The monthly expenses for server costs typically range from $200 to $2,000, depending on the volume of user traffic and activity the application experiences.
• Update and Development Costs: Minor updates usually fall within the range of $1,000 to $10,000, while significant feature updates can require an annual investment of upwards of $50,000 to ensure the app’s competitiveness and relevance.
• Customer Support: Providing quality customer support is crucial for maintaining user satisfaction and loyalty, with costs averaging between $2,000 to $10,000 per month, depending on the level of service offered.
• Marketing and Promotions: Allocating a budget of $5,000 to $50,000 monthly for marketing and promotional activities is essential to keep the app visible in the competitive market landscape, fostering growth and user acquisition.
• Legal and Administrative Expenses: Often underestimated, legal and administrative expenses can add $1,000 to $5,000 to the monthly operational costs, ensuring compliance and smooth operations.

How can iTechnolabs help you Build A Fantasy App Like Dream11?

At iTechnolabs, we understand the complexity and investment required to build and maintain a popular fantasy sports app like Dream11. That’s why our team of experienced developers and designers works closely with our clients to create efficient and user-friendly applications that meet their specific needs.

We offer a range of services, including app design, development, testing, and maintenance. Our team uses the latest technologies and industry best practices to ensure high-quality, robust, and scalable applications.

• Customized Solutions: iTechnolabs specializes in delivering tailor-made applications. We take the time to understand your unique vision and requirements, ensuring that your fantasy sports app stands out in the market.
• Expert Team: Our team comprises highly skilled developers, designers, and testers with extensive experience in building fantasy sports applications similar to Dream11. Their knowledge guarantees cutting-edge solutions.
• Use of Advanced Technologies: Leveraging the latest technologies and frameworks, we ensure your app is fast, reliable, and scalable to handle growing numbers of users and intense usage spikes during live sports events.
• End-to-End Services: From initial consulting and design to development, testing, launch, and ongoing maintenance, iTechnolabs provides comprehensive services to make your app a success.
• Marketing Support: Understanding the importance of visibility, we also offer marketing and promotional support to help your app reach your target audience effectively.
• Competitive Pricing: We provide cost-effective services without compromising on quality, ensuring you get the best return on investment.
• Ongoing Maintenance and Support: Our relationship with clients doesn’t end at launch. We offer ongoing support and maintenance to ensure your app remains up-to-date and continues to meet user expectations.

Are you planning to build a fantasy mobile app like Dream11?

Choosing iTechnolabs for developing a fantasy sports app like Dream11 brings an amalgamation of several benefits. With a proven track record in crafting standout applications, our approach begins with a deep understanding of your specific goals and involves you intimately in the creation process. Our adept use of advanced technologies ensures your platform not only meets but exceeds modern standards of speed, reliability, and user engagement. Further anchoring our service is our comprehensive, end-to-end service model, which spans from initial brainstorming to post-launch support. This model guarantees not just the birth of a visionary app but its sustained growth and adaptation in a competitive market. Additionally, our competitive pricing strategy and dedicated marketing support provide a unique opportunity to maximize your investment, ensuring that your app not only enters the market but makes a significant impact.

• Expertise in Fantasy Sports Apps: iTechnolabs possesses a deep understanding and expertise in developing fantasy sports applications, ensuring your project benefits from industry-specific insights and innovations.
• Customization at Its Core: With iTechnolabs, every element of your fantasy sports app is customizable, ensuring that your app stands out in the market with its unique features and user experience.
• Advanced Technology Utilization: The use of cutting-edge technologies means your fantasy app will be built with the latest features for speed, efficiency, and user engagement, keeping you ahead of the competition.
• Comprehensive Marketing Support: Beyond development, iTechnolabs offers extensive marketing services to increase your app’s visibility and attract a substantial user base.
• Sustainable Long-Term Growth: Through ongoing maintenance and support, iTechnolabs ensures your app remains relevant and up-to-date, facilitating sustained growth and user satisfaction over time.
• Cost-Effectiveness: The competitive pricing strategy of iTechnolabs ensures that you receive high-quality services at a cost that delivers outstanding value for your investment.
• Inclusive Development Process: iTechnolabs involves clients throughout the development process, ensuring that the final product aligns perfectly with your vision and goals.

Important: Top 15 Sports Apps For iOS & Android

Conclusion:  

These are just some of the many reasons why iTechnolabs is the top choice for developing your fantasy sports app. With our unmatched expertise, customizable solutions, advanced technology utilization, comprehensive marketing support, and sustainable long-term growth strategies, we ensure your app’s success in a highly competitive market. Contact us today to transform your fantasy sports app idea into a groundbreaking reality.

Frequently Asked Questions!

1. How To Build Fantasy Mobile Apps Like Dream11?

Building a fantasy sports app like Dream11 requires a combination of technical expertise, industry knowledge, and marketing strategies. It involves developing user-friendly interfaces, integrating advanced technologies, ensuring reliable performance, and implementing comprehensive marketing plans.

At iTechnolabs, we have extensive experience in building successful fantasy sports apps. Our team follows an inclusive development process, involving clients at every stage to ensure their vision is reflected in the final product. We also offer marketing support and sustainable growth strategies to help your app thrive in the highly competitive market. Contact us to learn more about our services.

2. How Long Does It Take to Develop A Fantasy Mobile App Like Dream11?

The time it takes to develop a fantasy sports app like Dream11 can vary depending on the complexity and customization requirements of the project. On average, it can take anywhere from 3-6 months to develop a high-quality fantasy sports app. This timeframe includes initial ideation, design and development phases, testing, and launching the final product. At iTechnolabs, our team works efficiently and diligently to deliver top-notch apps within the agreed timeline.

3. What Are the Top 5 Fantasy Sports Apps?

There are several popular fantasy sports apps in the market, but here are the top 5 based on user ratings and popularity:

• Dream11: This Indian-based app is one of the biggest players in the fantasy sports industry, with over 10 million active users.

• DraftKings: This app offers a variety of daily and weekly fantasy contests for major sports leagues such as NFL, NBA, MLB, and more.

• FanDuel: Another popular app that offers a variety of daily and weekly fantasy contests for major sports leagues.

• Yahoo Fantasy Sports: This app has been around for over 20 years and is known for its user-friendly interface and variety of customizable features.

• ESPN Fantasy Sports: As one of the biggest names in sports media, ESPN also has a popular fantasy app that offers a wide range of features and contests for various sports leagues.

4. How To Minimize the Cost To Develop A Fantasy Mobile App Like Dream11?

Developing a fantasy sports app can be an expensive endeavor, but there are ways to minimize the cost while still creating a top-quality product. One way is to focus on the essential features and functionalities that will make your app stand out, rather than trying to incorporate every possible feature. Also, using cross-platform development tools can help reduce costs by allowing developers to create one codebase for both iOS and Android platforms. Additionally, leveraging open-source libraries and frameworks can save time and resources in development.

5. How To Start a Fantasy Sports Business?

Starting a fantasy sports business requires a lot of planning and consideration, just like any other business venture. Here are some steps to get started:

• Research the market: Before diving into the fantasy sports industry, it’s essential to understand the current market trends and competition.
• Develop a clear concept: Decide on what type of fantasy sports app you want to create and what sets it apart from others.
• Create a business plan: This will map out your goals, budget, marketing strategies, and revenue projections.
• Choose the right platform: Decide whether you want to create a web-based or mobile app and choose the appropriate technology stack.
• Obtain necessary licenses and permits: Fantasy sports are considered a form of gambling in some jurisdictions, so make sure you have the required licenses and permits.
• Partner with a reliable fantasy sports software provider: Consider partnering with a trusted software provider that can offer customizable solutions to meet your business needs.
• Launch and market your app: Once your app is developed, it’s crucial to have a strong marketing strategy in place to attract users and generate revenue.