Smart Stadium Market Set for Rapid Growth, To Reach CAGR of Over 22.50% by 2025

The Global Smart Stadium Market covers some of the significant factors such as key suppliers of raw materials in the market and price analysis of each, as well as studies the labor cost.

Pune, India – June 20, 2018 /MarketersMedia/ —

Global Smart Stadium industry valued approximately USD 4 billion in 2016 is anticipated to grow with a healthy growth rate of more than 22.50 % over the forecast period 2017-2025. Smart stadium market is driven by several factors such as national and international sports events and growing focus on engaging and delighting fans at stadiums furthermore strict security regulations made by sports regulating bodies. However, high initial investment and extra wait on return on investment (ROI) is restraining market growth.

Smart stadium offers staff and fans with several information on bathroom, concession lines and parking availability, special offers, seat upgrades, and many more. Fans obtain a convenient, personalized experience with shorter directions and lines to navigate faster. This is provided to attendees immediately by using Internet of Things (IoT) technologies.

The detailed segments and sub-segment of the Smart Stadium market are explained below:
Software:

 Digital Content Management
 Stadium and Public Security
 Building Automation
 Event Management
 Network Management
 Crowd Management

Service:
 Consulting
 Deployment and Integration
 Support and Maintenance.

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Some of the key manufacturers involved in the Smart Stadium market are IBM, NEC, Cisco, Intel and Ericcson. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

By Regions:
– North America, U.S., Canada
– Europe, UK, Germany
– Asia Pacific, China, India, Japan
– Latin America, Brazil, Mexico
– Rest of the World

Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

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Target Audience of the Global Smart Stadium Market in Market Study:
1. Key Consulting Companies & Advisors
2. Large, medium-sized, and small enterprises
3. Venture capitalists
4. Value-Added Resellers (VARs)
5. Third-party knowledge providers
6. Investment bankers
7. Investors

Apart from the above-mentioned information, the growth rate of the global Smart Stadium market during the forecast period is also explained along with the consumption tables, figures, and statistics of the leading segments.

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Source: MarketersMedia

Release ID: 362653