Dallas, Texas, July 10, 2020 (GLOBE NEWSWIRE) -- The “Smart Stadium Market by Services (Integration Services, Support and Maintenance, and Others), Application (Event Management {Ticketing Management, Event Marketing Management, and Workforce Management}, Stadium & Public Security {Emergency & Disaster Management, Cybersecurity, Security Scanning, Metal Detection, and Imaging, Video Surveillance, and Others}, Digital Content Management {Audio & Video Management, Digital Signage, and Others}, Building Automation {Energy Management Systems, Parking Management Systems, and Facility Management Systems}, Crowd Management, and Others), Services (Managed Services and Professional Services), and by Region, Global Forecast, 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.
Request a pdf sample at https://www.adroitmarketresearch.com/contacts/request-sample/1097
The global smart stadium market size is anticipated to reach over USD 19 billion by 2025. In addition, it is expected to exhibit a CAGR of over 21% over the forecast years 2018-2025. A smart stadium includes a large number of digital signs, cameras, and sensors that are connected to servers and several other networks. These sensors and cameras provide real-time information about several available seats, waiting for lines, unoccupied parking spots, and several other useful information. Also, with the integration of advanced technologies, smart stadiums are even capable of forecasting the uncertain weather conditions that facilitate prior planning of entry & exit location to avoid any confusion. Therefore, such factors driving the need to develop smart stadiums.
The current and future smart stadium market advances are outlined to explain the overall attractiveness of the market. Key impacting factors highlight the smart stadium market opportunities throughout the forecast period. Factors such as the increasing need to create an engaging experience for fans at stadiums are driving the smart stadium market growth. Also, the increasing need for enhanced security solutions for stadiums is the key factor boosting the global smart stadium market growth. Moreover, upcoming international and national sports events are also driving the demand for the market. However, the high initial cost of implementation is expected to impede market growth. Furthermore, the increasing adoption of E-commerce and location-based services are expected to be opportunistic for the market in the forthcoming years.
Browse the full report with Table of Contents and List of Figures at https://www.adroitmarketresearch.com/industry-reports/smart-stadium-market
The report also highlights various aspects of the global smart stadium industry by assessing the market scenario through value chain analysis. Besides, the smart stadium market report covers various qualitative aspects of the smart stadium industry in market drivers, restraints, and key industry opportunities. Furthermore, the report proposes a comprehensive valuation of the market competitiveness along with company profiling of residents as well as global vendors.
The smart stadium market has solid competition among the early established and new players. Also, to capture a competitive advantage over the other industry players many industry players are aiming potential markets by forming collaboration and partnerships, agreements, mergers & acquisitions, acquiring new startups & other companies, and escalating their business presence.
Direct purchase the report at https://www.adroitmarketresearch.com/researchreport/purchase/1097
Based on the applications segment, the market is bifurcated into event management, stadium & public security, digital content management, building automation, crowd management, and others. The stadium & public security segment leads the market growth in 2019 and it is expected to do so over the forecast years. However, the building automation segment is projected to accumulate the highest market growth in the upcoming years. The building automation segment comprises numerous sub-segments such as energy management systems, parking management systems, and facility management systems. The growth of this segment is mainly attributed to the growing demand for building automation solutions among stadium operators.
The Asia-Pacific region is projected to experience the highest growth throughout the forecast period. However, The European region dominated the overall market in 2019 and it is expected to maintain its position throughout the forecast period 2018-2025. The dominance of this region is mainly attributed to the strict policies about public safety and security in this region. Moreover, the North America region is projected to be the second-largest market during the forecast period.
Are you looking for a DISCOUNT? If yes, then get in touch with us at https://www.adroitmarketresearch.com/contacts/discount/1097
The major players of the global smart stadium market are Cisco Systems, Intel, Huawei Technologies Co., IBM, Johnson Controls, Schneider Electric SE, Ericsson, NEC, GP Smart Stadium, and CenturyLink. Moreover, the other potential players in the smart stadium market are NXP Semiconductors, Hawk-Eye Innovations, Honeywell, Atos, and Honeywell. The smart stadium market comprises well established local as well as global players. In addition, the previously recognized market players are coming up with new and advanced strategic services to stay competitive in the global market.
Major points from Table of Contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Smart Stadium Market by Services
Chapter 6 Smart Stadium Market by Application
Chapter 7 Smart Stadium Market by Region
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
Access research repository of Upcoming Reports @ https://adroitmarketresearch.com/upcoming.html
About Us:
Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Us:
Ryan Johnson
Account Manager - Global
3131 McKinney Ave Ste 600
Dallas, TX 75204
Email ID: sales@adroitmarketresearch.com
Phone No.: +1 972-362 -8199
Connect with us: Facebook | Twitter | LinkedIn