Smart Stadium Market size was valued at US$ 8.37 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 22.2% from 2022 to 2027, reaching nearly US$ 27.87 Bn.
Smart Stadium Market Overview
MMR recently published a Smart Stadium Market report. The report offers a comprehensive analysis of the Smart Stadium Market, including industry revenue, Market leaders, and followers across different regions and countries worldwide. It provides valuable forecasts in terms of value.
Smart Stadium Market Report Scope and Research Methodology
The report includes a detailed competitive analysis of Market drivers, restraints, opportunities, and growth prospects for the Smart Stadium Market. It presents an industry profile, Market strategies, status, and core competitors, along with factors that may impact the industry positively or negatively, offering clear insights to decision-makers such as investors and stakeholders. The report analyses key players in the Smart Stadium Market, including their size, Market share, revenue, growth, production volume, and profitability. It also offers regional coverage of key industries, measuring their dominance with key manufacturers.
Smart Stadium Market Regional Insights
In 2022, Asia-Pacific dominated the Market, holding the highest Market share in terms of revenue generation. This trend is expected to persist throughout the forecast period, with continual growth anticipated. The growth in the Smart Stadium Market is attributed to favourable government policies, increased investments, and significant expansion opportunities in China, Japan, and India. These factors are expected to drive the continued growth of the Smart Stadium Market in the region.
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Smart Stadium Market Segmentation
1. Global Smart Stadium Market, by Software (2023-2029)
• Digital Content Management
• Stadium & Public Security
• Building Automation
• Event Management
• Network Management
• Crowd Management
Building automation, event management, network management, crowd management, stadium & public security, and digital content management are the market segments. By 2027, the Building Automation Software market category is anticipated to have a 34% market share. For space optimization, operational and financial effectiveness, sustainability, and building maintenance, many stadium operators are turning to smart building automation. Smart building automation software is being used more and more as stadiums are required to be safe, integrated, and energy-efficient. Facility management, parking management, and energy management systems are the main elements of building automation. Operators of stadiums face a sizable parking challenge as a result of the increasing number of spectators. For managing different parking facilities, vehicle routing, access control, real-time ticketing, and revenue administration, parking management systems are crucial.
2. Global Smart Stadium Market, by Service (2023-2029)
• Consulting
• Deployment & Integration
• Support & Maintenance
3 Global Smart Stadium Market, by Deployment Type (2023-2029)
• On-Premise
• Cloud
There are two market segments: On-Premise and Cloud. During the projection period of 2023-2029, the on-Premise Deployment Type segment is anticipated to expand quickly at a CAGR of 20.6%. In smart stadiums, several cameras, sensors, and digital signage are linked to wireless and wired networks as well as computers. It gives security personnel real-time data to help them keep an eye on the crowd’s activities. Since each of these devices must be installed on-site, a sizable hardware and software investment is necessary, which helps explain why the segment is expected to have a bigger revenue share during the projected period.
Smart Stadium Market Key Players:
• IBM (US)
• Tech Mahindra (India)
• NEC (Japan)
• Cisco (US)
• Huawei (China)
• Intel (US)
• Fujitsu (Japan)
• Johnson Controls (Ireland)
• NTT (Japan)
• Ericsson (Sweden)
• GP Smart Stadium (Netherlands)
• Centurlink (US)
• NXP Semiconductors (Netherlands)
• Vix Technology (Australia)
• Intechnology (UK)
• Hawk-Eye Innovations (UK)
• Locbee (Hungary)
• Insprid (UK)
• Byrom (UK)
• Volteo (US)
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Key questions answered in Smart Stadium Market are:
- What is Smart Stadium ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Smart Stadium Market?
- Which factors are the lucrative opportunities for the Smart Stadium Market growth?
- Which factors are limiting the scope of Smart Stadium Market ?
- How is the intervention from regulatory authority is shaping the Smart Stadium Market?
- What growth strategies are the key players considering to increase their presence in Smart Stadium Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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