smart stadium market report
Information Technology

Global Smart Stadium Market Size, Forecasts, And Opportunities

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 size is expected to grow from $7.10 billion in 2021 to $9.27 billion in 2022 at a compound annual growth rate (CAGR) of 30.5%. The change in the smart stadium market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $22.49 billion in 2026 at a CAGR of 24.8%.

The growing sports league culture is projected to propel the growth of the smart stadium 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 2021.

 

The integration of advanced technologies is shaping the smart stadium 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 (2016-21) and ten years forecast (2022-2026-2031)

 

The Smart Stadium Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 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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