Smart Stadium Market to grow by USD 50.70 billion between 2023 – 2028; Growth Driven by Improved operational efficiency – Technavio

The Smart Stadium Market report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the smart stadium market between 2023 and 2028 is USD 50.70 billion. Improved operational efficiency drives market growth. Smart stadium solutions enable stadium management authorities. This helps to improve their operating efficiency, optimize energy use, improve building management, increase automation, and improve crowd control. The integration of smart stadium solutions with various departments, including public transport and weather departments. This can allow stadium management to display real-time data about the weather, traffic information, and schedules of public transport systems. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here

• Market Challenge – The growing popularity of household consumer electronic gadgets challenges market growth. A growing number of viewers prefer to follow sports on various electronic gadgets such as TVs, smartphones, and laptops rather than going to the stadium. There is a reduction in the willingness of people to follow sports at stadiums, decreasing the viewership. This is because of the expensive ticketing and lack of basic infrastructural facilities, such as inadequate parking, traffic issues, and substandard lavatories at stadiums. Learn about additional key drivers, trends, and challenges available with Technavio. Read a Sample PDF Report Now

The smart stadium market is segmented based on Software (Digital content management, Building automation, Stadium and public security, Event management, and Others), Deployment (On-premises and Cloud-based), and Geography (Europe, North America, APAC, South America, and Middle East and Africa).

• The major smart stadium market growth came from the digital content management segment. Digital content management forms the largest software segment for the smart stadium market. The digital content management segment deals with video management, digital signage, and mobile content management. The benefits offered by digital content management include higher spectator engagement and improved spectator experience through signages, promotional activities, and personalized content, thereby acting as a source of revenue for stadium management. These factors drive the growth of the digital content management market in the smart stadium market.
• Europe will contribute 38% to the growth of the global market during the forecast period. View a Sample Report for insights into the contribution of all the segments and regional opportunities in the report.

Key Companies in the Smart Stadium Market:

Avaya LLC, Cisco Systems Inc., DB Schenker, Dell Technologies Inc., Dignia Systems Ltd., GP Smart Stadium, Hawk Eye Innovations Ltd., Hewlett Packard Enterprise Co., Honeywell International Inc., Huawei Technologies Co. Ltd., Infosys Ltd., Intel Corp., International Business Machines Corp., Johnson Controls International Plc, Lumen Technologies Inc., NEC Corp., Nippon Telegraph and Telephone Corp., Telefonaktiebolaget LM Ericsson, Weblib, DS worldwide Ltd.

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ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Software

Market Segmentation by Deployment

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

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