Sports Sponsorship Industry grew 19% in 2016

17 Mar,2017


By A Correspondent


Sports sponsorship spending grew by a little over 19%. Spending via sports sponsorship accounted for 11.5% of the Indian AdEx (AdEx numbers from GroupM This Year, Next Year 2016 report) in the Indian market. While media spends contributed to the largest chunk of the pie, followed by ground sponsorship, the total size of sports advertising rose to INR 6400 crore / $941 million, a big jump up from the INR 5363.3 crore / $825 million garnered in 2015. All this and more is part of ‘Sporting Nation in the Making’, the four fourth edition of the sports sponsorship report compiled by ESP Properties- the sports and entertainment programming specialist arm of GroupM, and leading sports portal SportzPower.


The report delves into the evolution of technology and its effects on the mainstream digital landscape. An important insight of this report, notes a communique, is that both cricket and non-cricket held their own trajectory, and together pushed the industry forward. The year 2016 also seemed like a make-or-break year for some leagues, with some repositioning themselves to garner greater viewership, while others launching with a hungry audience base. Indian Cricket was on a high in 2016, both on the field and off it.


Said Vinit Karnik- Business Head, ESP Properties: “The report insights are the key to devising more refined viewer engagement. Gone are the days of male dominance in sports viewership. The year’s biggest chunk of spectators came from women and kids. This is ground-breaking data for brands to take that much desired leap of faith and traverse new grounds. Cricket continues to be the poster child for sponsorships, and non-cricket sports still have a fair leap to make to match revenue. However it is interesting to focus on the mushrooming of a very defined health and fitness consciousness within the country. Young digital India is breaking barriers and creating new records especially when it comes to live feeds. Their smartphones are their all access pass to the “insider world” of sports, sportsmen and their strengths and weaknesses. Sports start-ups are trending and the success achieved by league-based events across multiple sports indicates a strong potential to consume sports other than cricket.”


Added Thomas Abraham, Co-Founder, Sportz Power and continues: “Demonetisation disruptions aside, 2016 was a great year for the industry and this year will be even more so. Team sponsorships may have experienced certain upheavals and newer leagues will change the sporting diaspora even more so this year. However, what remains to be seen is franchise sustenance, endorsement rates and the manner in which technology and data influence these numbers. We expect 2017 to only get bigger, not just on the back of growth from the leagues that are now up and running, but also from new kids on the block that are debuting in the year – Table Tennis being a notable one.”


Sporting Nation in The Making – IV

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