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Blockchain companies investing in sports sponsorship projected to reach $5 bn by 2026: Report
Mumbai: There were 2,254 publicly announced e-sports sponsorship deals globally in 2021 compared to 1,785 in 2020 making it one of the fastest growing segments of the global entertainment industry. The data was provided by Nielsen Sports’ 2022 global sports marketing report titled ‘Fans are changing the game.’ The female e-sports fan base grew by 19 per cent, while the male fan base grew by 12 per cent, it said.
Interestingly, Blockchain companies investing in sports sponsorship is projected to reach $ five billion by 2026. This represents a projected 778 per cent increase in sports sponsorship from the crypto, blockchain and NFT brand category.
Nearly 40.7 per cent of global sports fans now stream live sports through digital platforms. This has led to the increase in over-the-top (OTT) media rights which includes a 19 per cent jump for the top European football leagues over the last two years at the local level, and a 31 per cent increase forecasted for the men’s tennis ATP Tour through 2023.
Sports viewership has become a multi-screen experience with 47 per cent of people who watch sports simultaneously interacting with other live content (increase by five per cent over the last year). The demand for content overall remains high with non-event broadcasts, such as highlights, recap videos, and more, nearly as high as the event itself. Nielsen estimates that 39.4 per cent of global fans will watch non-live content related to a live sports event.
Nielsen estimates there was a 146 per cent year-over-year rise in unbundled sponsorship investment in women’s sports (UEFA, FIFA, World Rugby) compared to a 27 per cent rise in 2020. With more women’s sports being televised, there are now increased sponsorship opportunities specific to women’s sport, which means that many brands are effectively reaching consumers that weren’t previously reached through sponsorships in men’s sport.
Among other key findings of the 2022 Nielsen Sports Report, sports sponsorships were up 107 per cent in 2021, and through an analysis of 100 sponsorships in seven markets across 20 industries, Nielsen found that they drove an average 10 per cent lift in purchase intent among the fanbase.
Overall, Nielsen’s 2021 Trust in Advertising Study showed that 81 per cent of global respondents either completely or somewhat trust brand sponsorships at sporting events. Athletes have shown a higher potential to establish connections with fans, with 26 per cent of avid sports fans who use social media for sports news saying that athletes are a great way to connect with brands and sponsors.
The Nielsen report reveals the new behaviours that fans have adopted during the pandemic to connect with the sports and teams they follow, whether through increased social media activity, betting, co-watching, or more. By outlining how Nielsen predicts ‘Fandom’ in 2022 will impact sports sponsorship models, content distribution, the rise of crypto, esports and women’s sports, it will help contextualise the value of sports partnerships, helping brands and sports properties predict the future value of media assets and marketing investment ROI.
“From our work as a data-driven company and by surveying thousands of fans, it is clear to see that sports fans demand new types of content driven by innovative delivery platforms. In turn this impacts how rights holders and brands should approach audience engagement and sponsorship outcomes,” said Nielsen Sports MD international Marco Nazzari. “With sponsorship sophistication rising, measuring effectiveness at every step is now expected by brands. Predicting ROI and sales lift will be key for sports rights holders to remain relevant and secure marketing budgets from brands going forward.”
“As traditional and digital worlds merge, the sponsorship life cycle is now broadening, creating additional and more well-rounded monetisation opportunities. It will become vital for brands to leverage new technology and utilise digital platforms to develop fan-engagement strategies that didn’t exist before in linear broadcasting. The fan is now the catalyst for huge change,” Nazzari further said.
The full report can be accessed here
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
