Smart stadium Market Size, Share, Trends, Growth Report and Forecast 2030

Smart stadium Market

Smart stadium Market By Software (Digital Content Management, Audio and Video Management, Digital Signage, Mobile and Web Content Management, Stadium & Public Security, Access Control, Video Surveillance, Physical Security Information Management, Security Scanning, Imaging, and Metal Detection, Emergency and Disaster Management, Cybersecurity, Others, Building Automation, Parking Management Systems, Energy Management Systems, Facility Management Systems, Event Management, Event Marketing and Registration, Ticketing Management, Workforce Management, Network Management, Crowd Management), By Service (Consulting, Deployment & Integration, Support & Maintenance), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-1227 Published Date: Apr-2022 Status : Published

Smart stadium market was valued USD 8529.5 million in 2021 and is expected to reach USD 27848.8 million by 2028, growing at a CAGR of 21.8 %

Smart stadium Market: Industry Prospective

The global smart stadium market was worth around USD 8529.5 Million in 2021 and is estimated to grow to about USD 27848.8 Million by 2028, with a compound annual growth rate (CAGR) of approximately 21.8 percent over the forecast period. The report analyzes the smart stadium market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the smart stadium market.

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Smart stadium Market: Overview

Smart stadiums are stadiums that will be equipped with smart technologies to enhance operations and audience experience. This will be beneficial for the stadium owners as well as the audience and spectators alike as it will be aimed at increasing the overall experience on a massive scale.

The implementation of smart stadium infrastructure will help in many aspects such as ticket management, crowd management, and seat upgradation which are now a major challenge as they are done manually and usually results in undeniable queues during the events and hence spoils the experience. Increasing use of technology will drive the smart stadium market growth over the forecast period

However, the cost of implementation is really high and this will massively restrain adoption on a global scale and hence drag down the smart stadium market growth in the long run through 2028.

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COVID-19 Impact:

The COVID-19 pandemic boosted the demand for digital transformation however this did not help the smart stadium market at all as all the stadiums and venues were closed due to the emergence of coronavirus infections. lockdowns were imposed that led to a ban on public gatherings and many public events were canceled. Even the Olympics in Japan was delayed and hence the smart stadium market faced a downfall in the pandemic.

The negative trend of the market is expected to diminish as the pandemic subsides and the world returns to normal with increasing digitalization. The world will be seeing rapid adoption of smart stadium technology owing to rising technological proliferation and increasing digitization across the world. This will aid the smart stadium market growth through 2028.  

Smart stadium Market: Growth Drivers

Increasing Digitization across the world

Advancements in technology have substantially risen over the world and have driven demand for smart solutions in multiple industry verticals, adoption of the smart stadiums is expected to see a high pace as digitization becomes a major trend across the world. Increasing investments in smart infrastructure will also propel smart stadium market potential through 2028. Rapid digital transformation will lead to major adoption of smart stadium trends in developed as well as developing economies

Smart stadium Market: Restraints

High initial costs of implementation

Smart stadiums are made of multiple technological elements that need to work in harmony in order to provide an unrivaled experience and this is very cost-intensive for stadium owners and incurs huge expenses. The return on this high investment is minimal and hence stadium owners are sticking to the conventional approach and this is hindering the smart stadium market growth in the long run.

Global Smart Stadium Market: Segmentation

The global smart stadium market is segregated based on software, services, and region.

By software, the market is divided into Digital Content Management, Audio and Video Management, Digital Signage, Mobile and Web Content Management, Stadium & Public Security, Access Control, Video Surveillance, Physical Security Information Management, Security Scanning, Imaging, and Metal Detection, Emergency and Disaster Management, Cybersecurity, Others, Building Automation, Parking Management Systems, Energy Management Systems, Facility Management Systems, Event Management, Event Marketing and Registration, Ticketing Management, Workforce Management, Network Management, Crowd Management. The tick management and security management segments are expected to see high growth over the forecast period owing to easy adoption and high demand for them from multiple stadiums across the world.  

Global Smart Stadium Market Report Scope:

Report Attributes Report Details
Report Name Smart Stadium Market
Market Size in 2021 USD 8529.5 Million
Market Forecast in 2028 USD 27848.8 Million
Compound Annual Growth Rate CAGR of 21.8%
Number of Pages 110
Forecast Units Value (USD Million), and Volume (Units)
Key Companies Covered IBM (US), Tech Mahindra (India), NEC (Japan), Cisco (US), Huawei (China), Intel (US), Fujitsu (Japan), Johnson Controls (Ireland), NTT (Japan), Ericsson (Sweden), GP Smart Stadium (Netherlands), Centurlink (US), NXP Semiconductors (Netherlands), Vix Technology (Australia), Intechnology (UK), Hawk-Eye Innovations (UK), Locbee (Hungary), Insprid (UK), Byrom (UK), Volteo (US), Dignia (Israel), Atos (France), Honeywell (US), UCOPIA (France), Schneider Electric (France ), and AllGoVision (India).
Segments Covered By Software, By Service And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2020
Historical Year 2016 to 2020
Forecast Year 2021 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization


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Recent Developments

  • In November 2018 – Huawei a leading technology company announced the launch of its new digital platform that will integrate new technologies and propel the adoption of smart technology solutions on a global scale.

Smart stadium Market: Regional Landscape

Asia Pacific region will see the fastest CAGR growth in the global smart stadium market and will maintain a prominent market share in the smart stadium marketplace. Increasing investments in smart infrastructure from the governments and rising technological proliferation will be major trends propelling smart stadium market growth in this region. Japan is expected to see high demand for smart stadiums due to its technologically advanced infrastructure and supportive government initiatives.

The market for smart stadiums in Europe will hold a dominant market share and this will be a common trend over the forecast period as well. The increasing use of smart technologies in this region and the presence of key smart stadium providers will be major factors propelling smart stadium market growth in this region over the forecast period.

Smart stadium Market: Competitive Landscape

Some of the main competitors dominating the global smart stadium market include - IBM (US), Tech Mahindra (India), NEC (Japan), Cisco (US), Huawei (China), Intel (US), Fujitsu (Japan), Johnson Controls (Ireland), NTT (Japan), Ericsson (Sweden), GP Smart Stadium (Netherlands), Centurlink (US), NXP Semiconductors (Netherlands), Vix Technology (Australia), Intechnology (UK), Hawk-Eye Innovations (UK), Locbee (Hungary), Insprid (UK), Byrom (UK), Volteo (US), Dignia (Israel), Atos (France), Honeywell (US), UCOPIA (France), Schneider Electric (France ), and AllGoVision (India).

Global smart stadium market is segmented as follows:

By Software:

  • Digital Content Management
  • Audio and Video Management
  • Digital Signage
  • Mobile and Web Content Management
  • Stadium & Public Security
  • Access Control
  • Video Surveillance
  • Physical Security Information Management
  • Security Scanning, Imaging, and Metal Detection
  • Emergency and Disaster Management
  • Cybersecurity
  • Others
  • Building Automation
  • Parking Management Systems
  • Energy Management Systems
  • Facility Management Systems
  • Event Management
  • Event Marketing and Registration
  • Ticketing Management
  • Workforce Management
  • Network Management
  • Crowd Management

By Service

  • Consulting
  • Deployment & Integration
  • Support & Maintenance

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

Increasing use of technology and rising popularity of smart technologies are major trends that guide smart stadium market growth.

According to the Market Research report, the global smart stadium market was worth about US$ 8529.5 million in 2021 and is predicted to grow to around US$ 27848.8 million by 2028, with a compound annual growth rate (CAGR) of around 21.8 percent.

The market for smart stadium in Europe will hold a dominant market share and this will be a common trend over the forecast period as well. The increasing use of smart technologies in this region will be a prominent trend.

Some of the main competitors dominating the global smart stadium market include -- IBM (US), Tech Mahindra (India), NEC (Japan), Cisco (US), Huawei (China), Intel (US), Fujitsu (Japan), Johnson Controls (Ireland), NTT (Japan), Ericsson (Sweden), GP Smart Stadium (Netherlands), Centurlink (US), NXP Semiconductors (Netherlands), Vix Technology (Australia), Intechnology (UK), Hawk-Eye Innovations (UK), Locbee (Hungary), Insprid (UK), Byrom (UK), Volteo (US), Dignia (Israel), Atos (France), Honeywell (US), UCOPIA (France), Schneider Electric (France ), and AllGoVision (India).

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