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 smart stadium market is driving the rising popularity of sports, customer awareness and demand for advanced fan management. 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. This contributes to the need to build smart stadiums in order to give the fans a more captivating experience along with higher returns from events.
During the forecast period, the global smart stadium market is expected to see robust growth. The digital content management also plays an important role in the development of the smart stadium market. 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.
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Segmental Analysis
The smart stadium market is segmented on the basis of deployment type, component, and platform. The component segment comprises of software and service. The software includes integrates security system, digital content management, building automation system, crowd management, event management system, network management, command and control center. The segmentation based on platform includes device management platform, application management platform, and network management platform. The deployment type, software-as-a-service is showing the fastest growth rate.
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Regional Analysis
The geographical analysis of the global market has been conducted in four signficant regions, including North America, Europe, the Asia Pacific, and the rest of the world.
It is estimated that Europe region is the leader in the smart stadium market, as the government has commenced many smart commitments and large investments in smart stadium research and development, as well as IT players are investing in advanced stadium management technology. Due to the current and rising customer interest in the sports and entertainment industry, North America is projected to be the second largest player in the smart stadium market, as well as various numbers of sports played over there.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Smart stadium Market, By Segments
- Competitive Analysis
Continued…
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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 RestraintsThe demand for smart stadiums comprises mainly key factors such as digitized infrastructure, advanced network connectivity, an effective platform and proper fan control systems.
The smart stadium market is driving the rising popularity of sports, customer awareness and demand for advanced fan management.
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.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/2673Segmental AnalysisThe smart stadium market is segmented on the basis of deployment type, component, and platform.
The segmentation based on platform includes device management platform, application management platform, and network management platform.
The global Smart Stadium Solution Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the smart stadium solution market include Cisco, IBM, Infosys, HUAWEI, Intel, Tech Mahindra, NEC, Johnson Controls, VIX Technology, Centurylink, Honeywell, Ucopia, Volteo, HPE.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Smart Stadium Solution Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/smart-stadium-solution-market/download-sampleMarket DynamicsThe global smart stadium solution market is anticipated to remain healthy and lucrative in the coming years.
Evolving digital age, upcoming national and international sports events, increasing focus on delighting and engaging fans at stadiums, stringent security regulations formulated by sports governing bodies collectively drive the global market.
This is because the COVID-19 pandemic caused accelerated changes in fan behavior and expectations, with new possibilities and opportunities enabled by increasing advancements in digital technology.
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".
