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Smart Stadium Market
Smart Stadium Market
Smart Stadium Market: Segmented: by Software (Building Automation, Digital Content Management, Stadium & Public Security, Event Management, Network Management, Crowd Management); by Service (Consulting, Deployment & Integration, Support & Management); by Region (North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa) – Analysis of market share, size & trends for 2016-19 and forecasts to 2030
Smart Stadium Market: Segmented: by Software (Building Automation, Digital Content Management, Stadium & Public Security, Event Management, Network Management, Crowd Management); by Service (Consulting, Deployment & Integration, Support & Management); by Region (North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa) - Analysis of market share, size & trends for 2016-19 and forecasts to 2030
PRODUCT OVERVIEW
Stadium Operators are continuously struggling between fans expecting a captivating experience and host cities looking for higher returns on their sports stadiums. With today’s sophisticated home entertainment and all the latest updates available online, the operators need to find a new way to attract the audience to the stadium, compel fans to spend more, and keep everyone safe. Smart Stadium is the solution. They provide fans and staff with details about parking availability, washrooms, concession lines, special offers, and more. Fans get a convenient, personalized experience with shorter waiting lines and directions to navigate faster. The staff also gets regular updates on what’s happening and where which helps them to keep the environment secure. Smart Stadiums increase profitability, enhance the fan experience, and improve stadium security.
MARKET HIGHLIGHTS
Smart Stadium Market is expected to project a CAGR of 21.6% during the forecast period, 2019-2030
There have been many recent developments in the sports industry. The rising culture of sports leagues in developing countries and technological advancements in both developed and emerging economies are expected to generate substantial opportunities for smart stadium solutions provided by the companies. The smart stadium has several integrated solutions that allow the venues to enhance and meet players, fans, and medical teams' requirements and experiences. Moreover, the smart stadium provides a wide range of security systems, digital signage, parking systems, and sensors, among other wireless or wired networked solutions. These solutions provide real-time information, such as lines at concession stands, pricing of in-stadium merchandise, parking availability and thus enhancing the fan experience.
GLOBAL SMART STADIUM MARKET: SEGMENTS
Software Segment to grow at a CAGR of XX% during the forecast period
The smart stadium market was dominated by the software segment and represented a revenue share of 65.8 percent in 2019. Digital transformation would bring significant benefits to all spectators and the owners of stadiums. The smart stadium design will combine various technologies, such as managing parking space, managing tickets, upgrading seats, and managing crowds. The software segment for smart stadiums includes building automation, stadium and public safety, event management, and others. The stadium and public safety segment are expected to hold a dominant share throughout the forecast period. On the other hand, the segment of building automation is expected to grow from 2019 to 2030 at a CAGR of 21.4 percent.
On-Premise Segment to drive the overall growth of the market
In terms of revenue, the on-premise segment held the dominant market share of 63.4 percent in 2019. The segment is expected to register 20.6 percent of a substantial CAGR over the forecast period. Smart Stadiums are equipped with numerous wireless and wired networks and server-connected cameras, sensors, and digital signs. It helps to provide the safety staff in charge of real-time data to track the activities of the crowd. All these devices are installed on-site, requiring substantial hardware and software investment, thus contributing to the segment's larger revenue share over the forecast period.
MARKET DYNAMICS
Drivers
Restraints
GLOBAL SMART STADIUM MARKET: KEY PLAYERS Tech MahindraCompany overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis IBM Cisco NEC NTT Corporation Ericsson Johnson Controls Fujitsu GP Smart Stadium Honeywell OthersGlobal Smart Stadium Market Report also contains an analysis on:
Global Smart Stadium Market by segment By SoftwareBuilding AutomationParking Management systemsEnergy Management systemsFacility Management systemsDigital Content ManagementAudio & video management Digital SignageMobile & Web Content ManagementStadium & Public SecurityAccess controlVideo SurveillancePhysical Security Information ManagementSecurity Scanning, Imaging, and Metal DetectionEmergency and Disaster ManagementCybersecurity Event ManagementEvent Marketing and RegistrationTicketing ManagementWorkforce ManagementNetwork ManagementCrowd Management By serviceConsultingDeployment & IntegrationSupport & Maintenance By RegionNorth AmericaLatin AmericaEuropeAsia-PacificThe Middle East and Africa Global Smart Stadium Market Size Global Smart Stadium Market Dynamics Supply and Demand Current Issues/trends/challenges Competition and Companies Involved in the Market Value Chain of the Market Market Drivers and RestraintsReasons to Purchase this Report Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors Provision of market value (USD Billion) data for each segment and sub-segment Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis Provides insight into the market through Value Chain Market dynamics scenario, along with growth opportunities of the market in the years to come *Please Note: The report will be delivered in 4-5 business days upon order confirmation*