Indian Chess Market has substantially garnered a wide increase due to the hard work of several stakeholders behind the scenes to make this entity extremely popular.
Let’s Explore all those pointers in detail:
1. According to the country’s tracking record of young chess players, the average age of these players is 22, indicating that young talent is poised to soar in the years to come.
2. Companies of various sizes, from startups to major corporations, are very interested in sponsoring sportsmen who play chess.
3. Online Platform and Gaining Popularity: Global platforms have made it easier to comprehend chess as a sport and have helped it develop popularity over time.
4. Examine the top-tier competitions held in India, such as the Global Chess League, Tata Steel Chess India, World Chess Championship, and Chess Olympiad.
5. The worldwide market size in terms of valuation will be close to USD 2.2 billion in 2023 and is expected to reach USD 3.0 billion in 2032, which makes sense when comparing it to India in terms of percentage.
Chess as a sport has grown substantially over the years, likely facilities and miscellaneous factors will contribute heavily towards its extreme popularity.
Chess popularity will also surge due to immaculate grandmaster we have at the moment.
When it comes to touching numbers, current number of Grandmasters in India is more than 85.
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Chess Trivia: How the Popular Indoor Sport is gaining Popularity in the Southern Part of India?
How India is Slowly and Steadily Becoming Chess Super Power in the World?
