Smart Stadium Market Growth, Size, Trends, Demand, Revenue, Challenges and Future Outlook
Smart Stadium Market Size- By Solutions, By Services, By Deployment Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: IACT2475 | Pages: 1 - 210 | Formats*: |
| Category : Information & Communications Technology | |||
Smart Stadium Market Introduction and Overview
According to SPER Market Research, the Global Smart Stadium Market is estimated to reach USD 84 billion by 2033 with a CAGR of 19.48%.
The report includes an in-depth analysis of the Global Smart Stadium Market, including market size and trends, product mix, Applications, and supplier analysis. A smart stadium setup consists of several sensors, digital signs, parking solutions, surveillance systems, and other solutions connected to wired or wireless networks. These technologies improve the fan experience by giving real-time information on things like parking availability, in-stadium product pricing, and line-ups at concession stands. In order to provide an all-encompassing experience for the event, stadiums are undergoing extensive renovations that will address many issues including improved security, optimized operations, and intelligent parking. These days, a smart stadium's infrastructure can be used to update and monitor building management systems, such as HVAC (heating, ventilation, and air conditioning) and lighting.
- Major League Baseball (MLB) team the San Diego Padres will be using Smart Stadium technology thanks to a partnership between JIG-SAW and Climatec that was formed in September 2023. Throughout the design, deployment, and service stages of JIG-SAW's IoT technology, Climatec will be a crucial component. It is anticipated that this technological adoption will lead to lower operating and maintenance expenses, longer equipment lifespans, and improved fan amenities for the Padres.
- Fujitsu and Eintracht joined together in February 2023 to develop environmentally friendly stadium management solutions that included AI integration, IoT-based sensor integration, and effective line management.
- Cisco Systems, Inc. and Manchester City have teamed together to put WaitTime's real-time crowd control software into use at the Etihad Stadium in December 2022.
- Santiago Bernabéu Stadium will host the development of Europe's top Wi-Fi 6 stadium network according to a multi-year global cooperation between Real Madrid and Cisco Systems, Inc. announced in November 2022. The goal is to rank the stadium as one of the world's most advanced sports venues.
Market Opportunities and Challenges
The market for smart stadiums is expected to expand in the upcoming years due to the increased popularity of sports leagues. A sports league is an association of teams that compete against one another under a set of regulations. A plethora of information regarding the game, parking alternatives, seat upgrades, and the overall experience at their sports facility is available to both personnel and customers at smart stadiums. The market for smart stadiums is also anticipated to develop in the future due to the rising need for cloud-based solutions. Software, services, or resources that are hosted, supplied, and accessible online rather than locally installed on personal computers or servers are referred to as cloud-based solutions. Stadium managers may gather, store, and analyze vast amounts of data thanks to cloud-based platforms, which also improve security, crowd control, and venue operations. All of these features improve resource efficiency and the fan experience, and cloud-based platforms are easily integrated with other technologies.
Many smart technology components, including network, software, and hardware components—all of which can occasionally be difficult to configure—are integrated into smart stadiums. It can get complicated to integrate various hardware components—such as actuators, network switches, proximity sensors, smart thermostats, smart meters, relays, and gateways—with automation software over traditional infrastructure. Protocol problems also prevent these systems from integrating with the latest smart gadgets. Thus, antiquated and conventional systems are unable to effectively communicate with systems that have improved technologically. In the upcoming years, it is anticipated that the integration complications may impede market expansion. Furthermore, one of the main obstacles to implementing smart technology in the current stadium is anticipated to be IT and network security regulations aimed at minimizing privacy invasion and data breaches.
Market Competitive Landscape
The market for smart stadiums is fragmented and competitive, with several notable companies operating in it. A few of the leading businesses in the industry are Cisco Systems, Inc., Fujitsu, GP Smart Stadium, Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Mapsted Corp, NEC Corporation, Johnson Controls, NXP Semiconductors, Schneider Electric, Tech Mahindra Limited, Telefonaktiebolaget LM Ericsson, and Honeywell International Inc.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Solutions, By Services, By Deployment Type |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Cisco Systems, Inc, Fujitsu, GP Smart Stadium, Huawei Technologies Co, Ltd, IBM Corporation, Intel Corporation, Mapsted Corp, NEC Corporation, Johnson Controls, NXP Semiconductors, Schneider Electric, Tech Mahindra Limited, Telefonaktiebolaget LM Ericsson, Honeywell International Inc. |
COVID-19 Impact on Global Smart Stadium Market
The COVID-19 pandemic's worldwide outbreak and the lockdowns that followed in many regions of the world had a significant effect on the world's supply, demand, and output of goods and services. Businesses and governments faced financial difficulties as supply chains and various markets were radically upended. At this point, cloud-enabled IT resources are set to be quite important as they facilitate better access to data services and boost worldwide communication between individuals and enterprises. Following the pandemic, tech-driven businesses are eager to use cloud-enabled task automation and scheduling technologies to run work environments remotely.
Key Target Audience
- Stadium owners and operators
- Sport organizations
- Event organizers
- Technology providers
- Sponsors
- Broadcasters
Our in-depth analysis of the Smart Stadium Market includes the following segments:
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Key Topics Covered in the Report:
- Global Smart Stadium Market Size (FY’2024-FY’2033)
- Overview of Global Smart Stadium Market
- Segmentation of Global Smart Stadium Market By Solutions (Digital Content Management, Stadium and Public Security, Building Automation, Event Management, Network Management, Crowd Management)
- Segmentation of Global Smart Stadium Market By Services (Consulting, Deployment and Integration, Support and Maintenance)
- Segmentation of Global Smart Stadium Market By Deployment Type (On-premises, Cloud)
- Statistical Snap of Global Smart Stadium Market
- Expansion Analysis of Global Smart Stadium Market
- Problems and Obstacles in Global Smart Stadium Market
- Competitive Landscape in the Global Smart Stadium Market
- Impact of COVID-19 and Demonetization on Global Smart Stadium Market
- Details on Current Investment in Global Smart Stadium Market
- Competitive Analysis of Global Smart Stadium Market
- Prominent Players in the Global Smart Stadium Market
- SWOT Analysis of Global Smart Stadium Market
- Global Smart Stadium Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Smart Stadium Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Smart Stadium Market Manufacturing Base Distribution, Sales Area, Ingredients6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Smart Stadium Market
7. Global Smart Stadium Market, By Solutions (USD Million) 2020-2033
7.1. Global Smart Stadium Market Size, Share and Forecast, By Solutions, 2020-20267.2. Global Smart Stadium Market Size, Share and Forecast, By Solutions, 2027-20337.3. Digital Content Management7.3.1. Audio and Video Management7.3.2. Digital Signage7.3.3. Mobile and Web Content Management7.4. Stadium and Public Security7.4.1. Access Control7.4.2. Video Surveillance7.4.3. PSIM7.4.4. Security Scanning, Imaging, and Metal Detection7.4.5. Emergency and Disaster Management7.4.6. Emergency and Disaster Management7.4.7. Others7.5. Building Automation7.5.1. Parking Management Systems7.5.2. Energy Management Systems7.5.3. Facility Management Systems7.6. Event Management7.6.1. Event Marketing and Registration7.6.2. Ticketing Management7.6.3. Workforce Management7.7. Network Management7.8. Crowd Management
8. Global Smart Stadium Market, By Services (USD Million) 2020-2033
8.1. Global Smart Stadium Market Size, Share and Forecast, By Services, 2020-20268.2. Global Smart Stadium Market Size, Share and Forecast, By Services, 2027-20338.3. Consulting8.4. Deployment and Integration8.5. Support and Maintenance
9. Global Smart Stadium Market, By Deployment Type (USD Million) 2020-2033
9.1. Global Smart Stadium Market Size, Share and Forecast, By Deployment Type, 2020-20269.2. Global Smart Stadium Market Size, Share and Forecast, By Deployment Type, 2027-20339.3. On-premise9.4. Cloud
11. Global Smart Stadium Market, Forecast, 2020-2033 (USD Million)
11.1. Global Smart Stadium Market Size and Market Share
12. Global Smart Stadium Market, By Region, 2020-2033 (USD Million)
12.1. Global Smart Stadium Market Size and Market Share, By Region (2020-2026)12.2. Global Smart Stadium Market Size and Market Share, By Region (2027-2033)12.3. Asia-Pacific12.3.1. Australia12.3.2. China12.3.3. India12.3.4. Japan12.3.5. South Korea12.3.6. Rest of Asia-Pacific12.4. Europe12.4.1. France12.4.2. Germany12.4.3. Italy12.4.4. Spain12.4.5. United Kingdom12.4.6. Rest of Europe12.5. Middle East and Africa12.5.1. Kingdom of Saudi Arabia12.5.2. United Arab Emirates12.5.3. Qatar12.5.4. South Africa12.5.5. Egypt12.5.6. Morocco12.5.7. Nigeria12.5.8. Rest of Middle-East and Africa12.6. North America12.6.1. Canada12.6.2. Mexico12.6.3. United States12.7. Latin America12.7.1. Argentina12.7.2. Brazil12.7.3. Rest of Latin America
13. Company Profile
13.1. Cisco Systems, Inc.13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Fujitsu13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. GP Smart Stadium13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Huawei Technologies Co., Ltd.13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. IBM Corporation13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Intel Corporation13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Mapsted Corp.13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. NEC Corporation13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Johnson Controls13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. NXP Semiconductors13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Schneider Electric13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments13.12. Tech Mahindra Limited13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments13.13. Telefonaktiebolaget LM Ericsson13.13.1. Company details13.13.2. Financial outlook13.13.3. Product summary13.13.4. Recent developments13.14. Honeywell International Inc.13.14.1. Company details13.14.2. Financial outlook13.14.3. Product summary13.14.4. Recent developments13.15. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Smart Stadium Market size is 84 billion from 2024 to 2033.
Smart Stadium Market is projected to reach USD 84 billion by 2033, growing at a CAGR of 19.48 % during the forecast period.
Smart Stadium Market size from 2022. The Market is expected to reach USD 84 billion by 2033, at a CAGR of 19.48% during the forecast period.
Smart Stadium Market CAGR of 19.48% during the forecast period.
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Smart Stadium Market Segment is covered By Solutions, By Services, By Deployment Type.
The North America anticipated to have the highest market share in the Smart Stadium Market.
"The key players in the market include Companies Covered Cisco Systems, Inc, Fujitsu, GP Smart Stadium, Huawei Technologies Co, Ltd, IBM Corporation, Intel Corporation, Mapsted Corp, NEC Corporation, Johnson Controls, NXP Semiconductors, Schneider Electric, Tech Mahindra Limited, Telefonaktiebolaget LM Ericsson, Honeywell International Inc.
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Furthermore, one of the main obstacles to implementing smart technology in the current stadium is anticipated to be IT and network security regulations aimed at minimizing privacy invasion and data breaches.
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