Learn about the global smart stadium market through The Business Research Company, which provides information on smart stadium market size, smart stadium market drivers and restraints, smart stadium market players, the COVID-19 impact on the smart stadium market, and more.

The global smart stadium market is expected to grow from $5.71 billion in 2020 to $7.10 billion in 2021 at a compound annual growth rate (CAGR) of 24.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The smart stadium market is expected to reach $18.46 billion in 2025 at a CAGR of 27%.

The growing sports league culture is projected to propel the growth of the smart stadiums market in the coming years.

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The smart stadium market consists of sales of integrated technologies such as IoT, artificial intelligence, 5G, virtual reality by entities (organizations, sole traders, and partnerships) that are engaged in providing on-premises and cloud-based services. A smart stadium uses wired and wireless networks to connect cameras, sensors, and digital signs. Smart stadiums provide a lot of information to the audience and crew, and they directly respond to audience demands such as in-stadium retail pricing, restroom availability, and a variety of other issues. The ability to give a tailored experience to the audience has been made possible by smart stadiums.

Global smart stadium market segments include:

By Component: Software, Services

By Deployment: On-Premise, Cloud, Hybrid

By Application: Stadium And Public Security, Building Automation, Event Management, Crowd Management, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the smart stadium market in 2020.

The integration of advanced technologies is shaping the smart stadiums market. Major players in the smart stadium sector are focusing on the integration of advanced technologies to provide an immersive experience to fans watching from around the world.

TBRC’s smart stadium market report covers:

Major Market Players: IBM, Cisco Systems, Tech Mahindra, NEC, Intel Corporation, Huawei Technologies, Johnson Controls, Fujitsu, GP smart stadium, Schneider Electric, Honeywell International Inc., Hawk-Eye Innovations, and Infosys.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Smart Stadium Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides smart stadium market overviews, analyzes and forecasts market size, share, smart stadium market players, smart stadium market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s smart stadium market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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