Press release
Global Smart Stadium Market Expected +23% CAGR Growth by 2018-2025: Top Key Players- Intel Corporation, Cisco Systems Inc., Fujitsu Ltd., GP Smart Stadium, NEC Corporation, Tech Mahindra Ltd., IBM Corporation
With the integration of smartphones and tablets, and the advances in media and entertainment technology, there is less need to sit in the stadium to experience sports. This leads to the need to develop smart stadiums to provide a more compelling experience for fans with higher profits in the event. The global Smart Stadium market is expected to see solid growth over the forecast period.Smart Stadium offers a variety of information to fans and viewers from parking availability, seat upgrades, ongoing offerings and concession lines. During the forecast period, there are several factors that help to drive demand for Smart Stadium. In a smart stadium, fans get a personalized experience with a short queue. Fans can also quickly navigate the crowd with GPS navigation available in the stadium.
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Top Key Players Included in This Report: Intel Corporation, Cisco Systems, Inc., Fujitsu Ltd., GP Smart Stadium, NEC Corporation, Tech Mahindra Ltd., IBM Corporation, Johnson Controls International PLC.
Governments in many countries also play a leading role in industrial automation and smart building projects to increase operational efficiency and participate in the Green Revolution. This factor is expected to drive demand for Smart Stadium around the world. Moreover, smart stadiums provide score updates on views along with a display device that shows the game. Your fans can update your game even if you do not have a fan in place. Demand for smart stadiums in Europe and North America is expected to increase as telecommunications and networking infrastructures are modernized.
However, it is anticipated that there will be some factors that will inhibit market growth during the forecast period. The idea of building a smart stadium requires significant investment, one of the main factors impeding growth. Smart Stadium can also face problems that can disrupt your fan experience due to insecure Wi-Fi networks and major technological complexities. Another key factor driving growth is attracting fans at home to play live games on the stadium. Now with the development of the Internet and smartphones, viewers have gained a wealth of experience playing games at home. This is a major factor impeding demand for Smart Stadium during the forecast period.
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The global market for smart stadiums can be divided into services, platforms, software and geography. Through services, markets can be broadly categorized as professional services and managed services.
From the platform's perspective, the market can be divided into network management platform, device management platform and application management platform.
By geography, the global smart stadium can be segmented into: North America, Latin America, Europe, Asia Pacific and Middle East and Africa.
North America and Europe are expected to dominate the market in terms of demand for smart stadiums where in Europe has been identified to be largest region for smart stadiums. However, the developing economies such as India and China in Asia Pacific are witnessing strong focus on modernization of infrastructure which is further expected to drive the demand for smart stadiums in future.
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Table of Contents
Global Smart Stadium Market Research Report
Chapter 1 Global Smart Stadium Market Overview
Chapter 2 Economic Impact on Industry
Chapter 3 Market Competition by Manufacturers
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Smart Stadium Market Forecast
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