Smart stadium is a new way for captivating a surreal experience for the fans looking for a comfortable, fully safe and a sophisticated environment in the stadiums. Smart stadium is designed to provide fans and staff with information on parking availability, bathroom and concession lines, special offers and more. These are designed so that fans get a convenient and faster navigation through crowded stadiums. This can be done with the help of Internet of Things (IoT) technologies which are cost effective and efficient. A smart stadium integrates a large number of sensors, cameras that connect to wired and wireless networks. Moreover, smart stadium increases the profitability and also increases the experience of fans and hence helps to fill up the stadiums.
The global smart stadium market is propelled by the increasingadoption of internet of things techonogy for effectual maintenance of stadium.The technological advancement and rising demand for software such as digital content for managing the events along with other network managementis also animportant factor making the market demanding during the projected period. Another prime factor driving the market of smartstadium is growingpopularity of sports and events.Aids such as fan experience, operative competence, and stadium securityfurther creates a high growth opportunityfor the global smart stadium market.Additionally, thriving growth of IoTand digital transformationis further expected to make the market more demanding during the estimated period. The modification of safety and security in a stadiumis anticipated toboost the global smart stadium market in the near future.
The globalsmart stadium market in the report is segmented by software which includesdigital content management, integrates security system, building automation, event management, command & control center, and crowd management. The digital content management is further sub- segmented as digital signage, mobile & web content management, and audio & video management. Further building automation is sub- segmented into parking management systems, energy management systems, and facility management systems. Moving forward, the global smart stadium is divided by service which includes professional service, and managed service. The professional service is classified as consulting, deployment & integration, and support & maintenance. Based on platform the market is segmentedas application management platform, device management platform, and network management platform. Moreover, the global smart stadium market has been geographically divided into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
In addition to this, increasing number of smart stadium infrastructure project and fast growing technological advancement in Asia-Pacific, makes the region holds the largest market share.Moreover, the rising internet of things and surge in investment by the key vendors coupled with the adoption of next generation technology for providing better experience to the audiences are mainly driving the European market. Existence of large IT industries in Germany, Italy and France, has further augmented the demand for this market in this region.
However,high speculation cost may restrict the vendors for adopting advance technology which is expected to hinder theglobal smart stadium market growth during the projection period.
Some of the major players in the global smart stadium includeCico Systems Inc., Fujitsu Ltd., GP smart stadium, Huawei Technologies Co., Ltd., IBM Corporation, Johnson Controls International, PLC., NEC Corporation, Tech Mahindra Limited, and Volteo LLC.
Global Smart Stadium Market: By Software
Global Smart Stadium Market: By Service
Global Smart Stadium Market: By Platform
Global Smart Stadium Market: By Geography