India’s sports-tech industry set for ₹49,500 cr growth, but GST a challenge: FIFS-Deloitte report

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India’s sports technology market is set for rapid expansion, with revenues projected to reach ₹49,500 crore by 2029, growing at a CAGR of 13%, according to a new report by the Federation of Indian Fantasy Sports (FIFS) and Deloitte. However, the fantasy sports (FS) industry — the sector’s biggest growth driver — is expected to slow down due to regulatory and tax challenges.

The report, titled ‘Beyond the Field: India’s Sports Tech Revolution’, highlights three key segments fuelling this growth: fan engagement, sports data and…



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India’s sports-tech industry set for ₹49,500 cr growth, but GST a challenge: FIFS-Deloitte report


India’s sports technology market is set for rapid expansion, with revenues projected to reach ₹49,500 crore by 2029, growing at a CAGR of 13%, according to a new report by the Federation of Indian Fantasy Sports (FIFS) and Deloitte. However, the fantasy sports (FS) industry — the sector’s biggest growth driver — is expected to slow down due to regulatory and tax challenges.

The report, titled ‘Beyond the Field: India’s Sports Tech Revolution’, highlights three key segments fuelling this growth: fan engagement, sports data and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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