Smart Stadium Market Size, Share, Industry Future, Opportunities, Competitor Strategies, Market Scope and Forecast 2027

Smart Stadium Market Overview

The smart stadium is a digitized infrastructure. The stadium is constructed with network connections and a management system. It is an efficient stadium for sports enthusiasts. It is beneficial for both the fans and stadium owners. The smart stadium consists of a smart ticketing system, smart parking, crowd management system, Wi-Fi network, emergency response, and security. The rise in automation is contributing toward smart and digitalized infrastructures. Many buildings are inclining towards automation technology.

The Smart Stadium Market will reach a CAGR of 26 %, a value of USD 17 Billion in the forecast period by 2027.

Effect Of COVID-19 On Smart Stadium Market

The Smart Stadium Market has been severely affected by the COVID-19 pandemic. Mobility was restricted in every region across the world. The audience was not allowed in sports events in a stadium. Further, the restriction was implemented on the audience attending a sporting event. It has led to disruptions in the supply chain of the market. However, the post-pandemic has shown a positive impact on the market. The smart stadium becomes functional when governments allow the audience in sports events in a stadium. Till that, the smart-stadium market demand remained less. The smart stadium provided safety measures in this period.

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Competitive Landscape of Smart Stadium Market

The players’ competition has been seen in major countries around the world. Severe competition is noticed in the European and Middle East regions. The key industrial market players are propelling the growth. Several network points by the smart stadium market key players support the organization of the upcoming sporty events in the smart stadium. The automation and 5 G sector enhance the Smart Stadium Market in the forecast period. 

The prominent industrial players in the market are Tech Mahindra Ltd. (India), Intel Corporation (U.S.), Cisco Systems, Inc. (U.S.), Johnson Controls (U.S.), Cisco Systems, Inc. (U.S.), GP Smart Stadium (Netherlands), Fujitsu Ltd. (Japan), Huawei Technologies Co. Ltd. (China), International Business Machines Corporation (U.S.) and Voltio (U.S.).

The key players are launching a hybrid smart-stadium system. This innovative technology offers data compression, unified control, and business analytics. The hybrid smart technology will expand the market growth rate. The key players are integrating the smart stadium with cloud-based applications. It offers convenience for managing the activities in the stadium. The energy efficiency feature is enhanced. The key market players assured the need for green energy and implemented in the smart stadium.

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Segmentation Report of the Smart Stadium Market

The Smart Stadium Market is segmented into components, Deployment, and platform.

The component segment consists of Software and Service. The Deployment Type is comprised of On-Premise and Software-as-a-Service. The Platform segment consists of the Application Management Platform, Device Management Platform, and Network Management Platform.

The software segment is further divided into Digital content management like Mobile and web management, Audio and video management, and Digital signage; stadium security such as Video surveillance, Central access control, Physical security management, Scanning, detection, and imaging, Emergency and Disaster Management; building management has Parking system management, Workforce management, and Ticketing management. 

The service segment consists of Support maintenance, Deployment and maintenance, and Consulting.

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Smart Stadium Market, By Component (Software, Service), By Deployment Type (On-Premise, Software-as-a-Service) By Platform (Application Management Platform, Device Management Platform, Network Management Platform) – Forecast to 2027

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