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Global Smart Stadium Market Size (US$ 23.3 Billion) | Industry Growth Report 2023-2028
Smart Stadium Market Research & Forecast Report 2023-2028
A smart stadium refers to a modern sports arena that incorporates advanced technology and connectivity to increase safety and security and improve operational efficiency. It uses a variety of technologies, including wireless connectivity, mobile apps, sensors, and data analytics, to provide a seamless and immersive experience for fans, players, and venue operators. At present, the smart stadium is gaining immense popularity due to the usage of digital signage and displays to provide fans with real-time information on scores, weather, traffic, and other relevant information.
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Smart Stadium Market Trends and Drivers:
The growing inclination towards immersive experience is catalyzing the demand for advanced technologies, such as augmented reality, virtual reality, and interactive displays, to provide a more engaging and memorable experience. This represents one of the key factors positively influencing the market. In addition, due to the rising concerns about safety and security at large events, smart stadiums are investing in facial recognition, thermal imaging, and drone surveillance. This, coupled with advancements in wireless connectivity and increasing usage of mobile applications and sensors that enable real-time data analytics and crowd control, is strengthening the growth of the market. Furthermore, the increasing popularity of sports around the world are stimulating the growth of the market worldwide.
Smart Stadium Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Cisco Systems Inc.
GP Smart Stadium
Honeywell International Inc.
Huawei Technologies Co. Ltd.
Intel Corporation
International Business Machines Corporation
Johnson Controls International
NEC Corporation
NXP Semiconductors N.V.
Schneider Electric SE
Tech Mahindra Limited (Mahindra Group)
Telefonaktiebolaget LM Ericsson.
The report has segmented the market based on component, deployment model and application.
Breakup by Component:
Software
Services
Breakup by Deployment Model:
On-premises
Cloud-based
Breakup by Application:
Digital Content Management
Stadium and Public Security
Building Automation Management
Event Management
Crowd Management
Network Management
Others
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
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Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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