In this technology driven environment with development in each and every sector, the smart stadium market is coming up with whole new innovation in experiencing the live sports and entertainment system. The crowd management is a significant aspect of the smart stadium. Along with this the application gain traction with the crowd management system are crowd behavior analysis, motion detection system, and video analytics. The application platform provides numerous benefits on premise handling of the operations while watching the sport and concert. The top technology trends which are implemented in the development of the smart stadium market is high density wifi, fan experience, beacons, high-tech mobile application, smart ticketing, mobile POS, drones and customer driven platform.
The smart stadium market is growing rapidly over 26% of CAGR and is expected to reach at USD ~17 billion by the end of forecast period.
A fusion of technological superiority and growing popularity of various sports have given rise to the trend of smart stadiums. The global smart stadium market is all set to scale a staggering valuation of USD 17 billion all the while charting a stellar, CAGR of 26% during the forecast period (2015-2022), claims Market Research Future (MRFR) in a holistic report on the same topic. With the growing popularity of sports, meeting the demands of fans and the implementation of better crowd management technology have become imperative. One of the major features of such stadiums is the incorporation of the digitization process from which broadcasting, advertisement, sponsorship offerings and merchandising benefit the most. Apart from these areas, command and control system, cyber security, application management such as audio and video, ticket, parking, facility, and event gain significant boosting which can spur the growth of the smart stadiums. A series of connected devices such as mobiles, laptops, sensors, motion tracking device, screen scanners, audio devices, HVAC devices, cameras and remote surveillance devices are required in order to have a sound operation.
However, its implementation cost is staggering that is barring the investors from investing in such stadiums. An overwhelming transformation of the existing traditional stadium requires a lot of cash which most of the investors are not finding lucrative enough. This can tailback the market for a considerable time. But it’s the trend that always controls the market. Hence, this slackening speed can soon find a fissure to gain momentum.
Industry Trend:
The market has a lot of potential in drawing in the latest innovations to constantly upgrade the system. The trend started with Croke Park stadium in Dublin which is still the testing ground for all the latest innovations. NXP Semiconductors N.V. introduced MIFARE products during the 2018 FIFA World Cup in Russia to ensure contactless ticketing. They also had Adidas Telstar 18, the official football, jacked with technology to allow the ball to communicate with smartphones. Real Sociedad is also planning on turning their Anoeta stadium into a smart one with the help of start-ups.
Market Competition:
The market has quite a few key players who are pulling all the strings. Mergers and acquisitions are one way in which they are adapting to find better solutions for the market. For instance, publicly-held Nanosensors, Inc. announces the completion of the reverse takeover by Green Zebra which in a way holds the promise of transforming the smart stadium segment.
The prominent players in the smart stadium market are GP Smart Stadium (Netherlands), Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), Johnson Controls (U.S.), Huawei Technologies Co. Ltd. (China), NEC Corporation (Japan), Intel Corporation (U.S.), Tech Mahindra Ltd. (India), Fujitsu Ltd. (Japan), Volteo (U.S.), and others.
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Market Research Future (MRFR), highlights that the global smart stadium market 2020 is expected to grow exponentially over the assessment period, securing a substantial market valuation of USD 17 Billion by 2022, and a healthy 26% CAGR over the review period.
Drivers and Restraints The demand for smart stadiums comprises mainly key factors such as digitized infrastructure, advanced network connectivity, an effective platform and proper fan control systems.
The technological advances in media and entertainment along with its integration with smart phones and tablets have resulted in a declining demand for sports sitting in a live stadium to experience.
Digital broadcasting techniques, unique advertising, attractive sponsorship offerings, and broadcasting discounts and merchandising solutions dominate the smart stadium market are the digital content management factor which contributes greatly to the smart stadium market.
Smart Stadium Market@ Smart Stadium Market 2021: Business Trends, COVID-19 Outbreak, Competitor Strategy, Global Segments, Industry Profit Growth, Landscape and Demand Competitive Analysis The major market players operating in the global market as acknowledged by MRFR are Intel Corporation (U.S.), GP Smart Stadium (Netherlands),International Business Machines Corporation (U.S.), Huawei Technologies Co. Ltd. (China), Cisco Systems, Inc. (U.S.), NEC Corporation (Japan), Johnson Controls (U.S.), Fujitsu Ltd. (Japan), Tech Mahindra Ltd. (India),Volteo (U.S.), among others.
Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/2673 Segmental Analysis The smart stadium market is segmented on the basis of deployment type, component, and platform.
Detailed study on Smart Stadium Market by MarketsandMarkets™ provides broad analysis on the basis of Types, Applications and key players which is useful for better decision making.According to a new market research report "Smart Stadium Market by Software (Digital Content Management, Stadium & Public Security, Building Automation, Event Management, Network Management, and Crowd Management), Service (Consulting, Deployment, and Support), and Region - Global Forecast to 2022"published by MarketsandMarkets™, the Smart Stadium Market estimated to be $4.60 Billion in 2018 and expected to reach $12.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 22.1% during the forecast period.The major factors driving the growth of the Smart Stadium Market include the upcoming national and internatonal sporting events, stringent security regulations by sports governing bodies, and increasing adoption of IoT technologies for efficient management of stadium infrastructure.Browse in-depth TOC on "Smart Stadium Market”75- Tables 54- Figures 164- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137092340Network management software is estimated to hold the largest market shareThe network management software is expected to have the largest market share in the Smart Stadium Market.
Network infrastructure is the backbone of any smart stadium, it plays an important role in managing stadium operations and enhancing the fan experience in stadium.
With the help of network management platforms, network administrators can easily detect any failure in the network and resolve issues in the real time by informing the support personnel.
They also help analyze the volume of data being transferred over the network and automatically route the data to avoid congestions that can result in network crashes.Support and maintenance service is expected to grow at a higher rate during the forecast periodThe support and maintenance service segment is expected to grow at a higher rate during the forecast period.
Apart from this, Europe has very strict public safety regulations that have forced regulatory and governing bodies to enhance the stadium and public security during events and games.The major vendors covered in the Smart Stadium Market include 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), Dignia (Israel), Atos (France), Honeywell (US), UCOPIA (France), Schneider Electric (France ), and AllGoVision (India).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
According to a new market research report "Smart Stadium Market by Software (Digital Content Management, Stadium & Public Security, Building Automation, Event Management, Network Management, and Crowd Management), Service (Consulting, Deployment, and Support), and Region - Global Forecast to 2023"published by MarketsandMarkets™, The global Smart Stadium Market size is estimated to be USD 4.60 Billion in 2018 and is expected to reach USD 12.50 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.1% during the forecast period.The major factors driving the growth of the Smart Stadium Market include the upcoming national and internatonal sporting events, stringent security regulations by sports governing bodies, and increasing adoption of IoT technologies for efficient management of stadium infrastructure.Browse in-depth TOC on "Smart Stadium Market” 75- Tables 54- Figures 164- PagesAsk for Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137092340 Network management software is estimated to hold the largest market share The network management software is expected to have the largest market share in the Smart Stadium Market.
Network infrastructure is the backbone of any smart stadium, it plays an important role in managing stadium operations and enhancing the fan experience in stadium.
With the help of network management platforms, network administrators can easily detect any failure in the network and resolve issues in the real time by informing the support personnel.
Apart from this, Europe has very strict public safety regulations that have forced regulatory and governing bodies to enhance the stadium and public security during events and games.Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=137092340The major vendors covered in the Smart Stadium Market include 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), Dignia (Israel), Atos (France), Honeywell (US), UCOPIA (France), Schneider Electric (France ), and AllGoVision (India).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM".
A fusion of technological superiority and growing popularity of various sports have given rise to the trend of smart stadiums.
The global smart stadium market is all set to scale a staggering valuation of USD 17 billion all the while charting a stellar, CAGR of 26% during the forecast period (2015–2022), claims Market Research Future (MRFR) in a holistic report on the same topic.
With the growing popularity of sports, meeting the demands of fans and the implementation of better crowd management technology have become imperative.
An overwhelming transformation of the existing traditional stadium requires a lot of cash which most of the investors are not finding lucrative enough.
But it’s the trend that always controls the market.
Hence, this slackening speed can soon find a fissure to gain momentum.Industry Trend:The market has a lot of potential in drawing in the latest innovations to constantly upgrade the system.
Smart Stadium Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Smart Stadium industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Smart Stadium manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Smart Stadium market covering all important parameters.
Key Benefits for Smart Stadium Market:This study includes the global Smart Stadium market analysis, trends, and future estimations to determine the imminent investment pockets.The report presents information related to key drivers, restraints, and global Smart Stadium market opportunity.The global Smart Stadium market size is quantitatively analyzed from 2014 to 2024 to highlight the financial competency of the Smart Stadium industry.Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Smart Stadium industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Smart Stadium industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Smart Stadium Industry before evaluating its feasibility.There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.
At least 15 companies are included: Tech Mahindra NECCisco Huawei Intel Fujitsu The information for each competitor includes: Company ProfileMain Business InformationSWOT AnalysisSales, Revenue, Price and Gross MarginMarket ShareReport Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-smart-stadium-2019-2024-609For end use/application segment, this report focuses on the status and outlook for key applications.
