Smart Stadium Market Analytical Report with Great Revenue of $ 22,101.9 Million by 2025 | Allied Market Research
Growing number of sports events happening around the world, people tend to watch the game live, then watch it on TV which is driving the smart stadium market.
PORTLAND, PORTLAND, OR , UNITED STATES, August 23, 2021 /EINPresswire.com/ — The growing sports league culture in developing countries and technological advancements both in developed and emerging economies are expected to create significant opportunities for the companies offering solutions for smart stadiums.
Increased focus on fan engagement experiences at stadiums, growing adoption of IoT technologies to efficiently manage stadium infrastructure, and the advent of green initiatives & security regulations by sport governing bodies drive the growth of the smart stadium market.
The global smart stadium market accounted for $4.1 billion in 2017 and is expected to reach $22.1 billion by 2025, growing at a CAGR of 23.1% during the forecast period, 2018-2025. The report provides an in-depth analysis of the key winning strategies, drivers & opportunities, market share, key segments, and competitive landscape.
Among components, the software segment occupied over two-thirds of the overall market share in 2017 and would maintain dominance through 2025. This is due to an increased investment by stadium operators on software for cloud analytics, data security, and communication link management, which enhances operations and provides cost-effective solutions for stadium staffs.
Download Sample Report (Get Full Insights in PDF – 255 Pages) at: https://www.alliedmarketresearch.com/request-sample/5222
Among applications, the building automation management segment is likely to encounter the highest CAGR of 26.1% from 2018 to 2025, owing to providing facility managers with deeper insights which help them take faster judgment. Moreover, these systems also reduce administrative workload, which has led to increased adoption among end users.
Based on deployment models, the cloud segment is likely to grow at the fastest CAGR of 25.2% and generate over half of the global revenue through the forecast period. This is due to the growing adoption of cloud-based software to collect & analyze data, which eventually improves operational processes and amplifies fan engagement at stadiums.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5222
The market in Europe is expected to continue its dominance, holding one-third of the market share through the forecast period. This is due to the presence of well-established sports infrastructure in countries such as the UK, Germany, and Russia.
Profiling Key Players: Cisco Systems, Inc., Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, NEC Corporation, Johnson Controls International plc, GP Smart Stadium, Ericsson, NXP Semiconductors N.V., and Schneider Electric SE.
Buy this Report at: https://www.alliedmarketresearch.com/checkout-final/c5e37307c0d281428896919d8824be1b
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia at:
https://www.alliedmarketresearch.com/request-for-customization/5222
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Similar Reports –
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Analytics LLP
+15034461141 ext.
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
