As per a CII-BCG report called ‘Shaping the Future of Indian M&E’ released in November 2022, the Indian OTT market could grow at a CAGR of 20-23 percent from 2022 to 2030. It could be worth around US$11-13 billion by the end of this decade. Keeping pace with this huge demand, technology upgradation is the key challenge. The more the live streams on a single platform, the better equipped it is to stream multiple events from different geos, simultaneously. The global sports technology market size was valued at USD 13.14 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 20.8% from 2023 to 2030.
Keeping the above in mind Power Sportz tv which is positioned as Indias first Live digital Sports news channel has upgraded to having three more live streams on its platform to now cater to the huge demand for live streaming platforms from mid sized sports leagues across various sports, around the World.
Since, we already have a captive sports news global audience viewership, it makes business sense to amplify the same by equipping ourselves to be more technically hygienic, to add in multiple live Sports events to our platform, viewable across the globe, said Ms Kanthi D Suresh, the Editor-in-Chief of Power Sportz TV
