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Global Smart Stadium Market research to Hold a High Potential for Growth by 2026 || Major Market Players – GP Smart Stadium, CenturyLink, NXP Semiconductors, Vix Technology

Market Analysis: Global Smart Stadium Market

Global smart stadium market is expected to rise to an estimated value of USD 23.71 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. Increasing sports event and rising implementation of green initiatives are the major factor for the market growth.

Few of the major competitors currently working in the global smart stadium market are IBM Corporation, Tech Mahindra Limited, NEC Technologies India Private Limited, Cisco Systems, Inc, Huawei Technologies Co., Ltd., Intel Corporation, FUJITSU, Johnson Controls, Telefonaktiebolaget LM Ericsson, GP Smart Stadium, CenturyLink, NXP Semiconductors, Vix Technology., Hawk-Eye Innovations Ltd, Locbee, Honeywell International Inc, UCOPIA and others.

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Market Definition: Global Smart Stadium Market

Smart stadium uses sensors, cameras, and other digital technology so that they can provide information about seats, parking etc. to the people through wired or wireless network or server. Viewer can connect their smart phones to the stadium server and can get the required information. The main aim of the smart stadium is to improve the fan management system and increase the security. Increasing prevalence for sports among population is the major factor fuelling the growth of this market.

Market Drivers:

  • ·         Strict government rules by sport’s governing body will drive the market growth
  • ·         Increasing usage of IoT technologies in stadium infrastructure will also drive the market growth
  • ·         Rising sports culture worldwide will also propel the market growth
  • ·         Growing prevalence for data- driven operations will also act as a driver for this market

Market Restraints:

  • ·         High investment cost will hinder the growth of this market
  • ·         Issues related to the upgrading and replacing legacy system will also restrain the market growth
  • ·         Increasing risk of technology defect will also act as a restrain for this market

Segmentation: Global Smart Stadium Market

  • By Software

o    Digital Content Management

o   Audio and Video Management

o   Digital Signage

o   Mobile and Web Content Management

o    Stadium and Public Security

o   Access Control

o   Video Surveillance

o   Physical Security Information Management

o   Security Scanning, Imaging, and Metal Detection

o   Emergency and Disaster Management

o   Cybersecurity

o   Others

o    Building Automation

o   Parking Management Systems

o   Energy Management Systems

o   Facility Management Systems

o    Event Management

o   Event Marketing and Registration

o   Ticketing Management

o   Workplace Management

o    Network Management

o    Crowd Management

  • By Service

o    Consulting

o    Deployment and Integration

o    Support and Maintenance

  • By Platform

o    Application Management platform

o    Device Management Platform

o    Network Management Platform

  • By Deployment Type

o    On- Premises

o    On- Cloud

  • By Component

o    Sensors

o   Parking

o   Sound

o   Temperature

o   Other

o    Camera

o   Infrared

o   Video cameras

o    Gateways

o   Connect Sensors

o   Cameras

o   Other Devices

o    Network and Cloud

o   Ethernet

o   Wi-Fi

o   Mobile Networks

  • By Geography
  • North America

o   US

o   Canada

o   Mexico

  • South America

o   Brazil

o   Argentina

o   Rest of South America

  • Europe

o   Germany

o   France

o   United Kingdom

o   Italy

o   Spain

o   Russia

o   Turkey

o   Belgium

o   Netherlands

o   Switzerland

o   Rest of Europe

  • Asia-Pacific

o   Japan

o   China

o   South Korea

o   India

o   Australia

o   Singapore

o   Malaysia

o   Indonesia

o   Thailand

o   Philippines

o   Rest of Asia-Pacific

  • Middle East and Africa

o   South Africa

o   Egypt

o   Saudi Arabia

o   United Arab Emirates

o   Israel

o   Rest of Middle East and Africa

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Key Developments in the Market:

  • ·         In March 2019, Ooredoo and Dell EMC announced the launch of their smart stadium demo so that they can change the mega events around the world. This new stadium maximise the safety and security of coaches, fans, organisers, media and athletes. These smart stadiums uses Dell EMC’s deep learning capabilities with Ooredoo’s 5G network so that they can provide better security. This partnership will also help them to enhance the smart stadium experience in mobile ticketing, concessions, and loyalty programmes
  • ·         In October 2015, Infosys and Huawei announced that they have partnered so that they can launch smart stadium solutions which will provide high speed Wi-Fi and smart services to the users in stadium. It will help the operators to generate great revenue by providing better services to their customer. The main aim is to connect all the people, games and terminal in the stadium through a wireless network.

Competitive Analysis

Global smart stadium market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart stadium market for global, Europe, North America, Asia-Pacific and South America.

Research Methodology: Global Smart Stadium Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • ·         Complete and distinct analysis of the market drivers and restraints
  • ·         Key market players involved in this industry
  • ·         Detailed analysis of the market segmentation
  • ·         Competitive analysis of the key players involved

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