Global Smart Stadium Market 2019-2024 | Industry Analysis by Growth Potential, Types, Applications, Rising Trends and Forecast to 2024 – Industry Research.co
Smart Stadium Market Status and Trend Report 2019-2024 offers a comprehensive analysis on Smart Stadium industry, standing on the readersâ perspective, delivering detailed market data and penetrating insights.
The “Smart Stadium Market” 2019 provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. Important factors supporting growth across various is also provided. The impact of prevailing regulatory scenario on both regional and worldwide Smart Stadium market is provided in detail in the report. Industry Research offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Smart Stadium market is based on company profiles and their efforts on increasing product value and production.
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Some of The Major Key Players of Smart Stadium Market Are:
- IBM Corporation
- Intel Corporation
- Schneider Electric SE
- Huawei Technologies Co Ltd
- Cisco Systems Inc
- Johnson Controls International PLC
- CenturyLink Inc
- Honeywell International Inc
- Aruba Networks (Hewlett Packard Enterprise)
- John Mezzalingua Associates LLC
- Vix IP Pty Ltd
- NXP Semiconductors NV
- AllGoVision Technologies Pvt Ltd
Scope of the Report:
- A smart stadium is just a regular stadium with smart operational efficiency like cleaner washrooms, the sensors alarm triggers if the visit counts exceed the normal threshold; it optimized usage of electricity and building management, where the managers can control the temperature as well as can monitor the entire stadium using a mobile app.
- The smart stadium market has been valued at USD 5.6 billion in 2018 and is expected to grow at a CAGR of 21.53% during the forecast period (2019 – 2024) to reach USD 15 billion by 2024. The trend of stadiums getting completely digital will drive the smart stadium market.
- – Fans who visit the stadiums are expecting a more intuitive experience, and the host countries are looking for new ways to increase the return on investment (ROI) on their complex. Therefore, stadiums and arenas are now not only a house for athletic prowess, competition, and large audiences; they are a vehicle for showcasing technological advancements.
- – Consumers with technological advancements prefer updates and stats on their mobile devices, leading stadiums to find newer ways to monetize, fill the stadium, and compel the fans to increase expenditure. They can watch the video from the cloud itself from the stadium, also they can broadcast the arena directly to social media.
- – With the 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.
- – The major challenge for the smart stadium market would be the high initial investment to upgrade, also there is uncertainty in return of investments.
- Drivers: (Developing regions and growing markets)
- Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
- Opportunities: (Regional, Growth Rate, Competitive, Consumption)
The report provides key statistics on the market status of the Smart Stadium Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Smart Stadium .
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Key questions answered in the report include:
- What will the market size and the growth rate be in 2024?
- What are the key factors driving the global Smart Stadium market?
- What are the key market trends impacting the growth of the global Smart Stadium market?
- What are the challenges to market growth?
- Who are the key vendors in the global Smart Stadium market?
- What are the market opportunities and threats faced by the vendors in the global Smart Stadium market?
- Trending factors influencing the market shares of the relevant regions.
- What are the key outcomes of the five forces analysis of the global Smart Stadium market?
Key Market Trends:
Growing Number of Sports Events Globally Drive the Smart Stadium Market Growth
– The demand for sporting events has increased over the past few years and primarily being encouraged owing to the rising number of sponsorships and low ticket pricing. With the high capacity stadiums, a very huge amount for sports enthusiast go to watch the game live at the stadium.
– Earlier, the tickets were kept limited to host and neighboring countries. Since, the demand for live sporting events in increasing, stadium sponsors are making cheaper travel arrangements and easing overseas fans to attend their favorite match at a compelling cost.
– For instance, Germany is famous for its sports activities, more precisely for football, the Bundesliga League, and others for which the stadiums are usually jam-packed. This is encouraging and bringing a high entry of attendees to the stadium which is likely to boost the market growth over the forecast period.
Europe to Dominate the Smart Stadium Market
– Europe holds the maximum share in the smart stadium market. Therefore, the countries in the region are investing in adopting IoT solutions to manage the crowd better and enable effective network and connectivity. Since technology and sports both are the perfect combination of successful development in the sports industry. These two elements are the reason why we are transforming the full stadium into digitalization for better spectator experience of the match.
– The Wanda Metropolitan Stadium of Club Atlético de Madrid is one the smartest stadium in Europe. The whole stadium has 1500 wifi points, 6000 network outlets, the spectators can know about the parking spaces as well as their seats from the mobile itself. They can use their smartphones and access to cloud and watch the live video of the match then and there itself on their phone only.
– The Europian government has undertaken smart projects to convert more and more stadiums into smart stadiums. Lots of RandD, innovation, policy requirements related to smart stadiums integration is happening which will drive the smart stadium market in the forecast period.
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Study objectives of Smart Stadium Market Report:
- To provide a detailed analysis of the market structure along with the forecast of various segments and sub-segments of the Smart Stadium market
- To provide insights into factors influencing and affecting market growth
- To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
- To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
- To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
- To provide economic factors, technology trends, and market trends that influence the global Smart Stadium market
Detailed TOC of Smart Stadium Market Report 2019-2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Number of Sports Events
4.4 Market Restraints
4.4.1 Higher Initial Investments
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1.1 North America
5.1.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 IBM Corporation
6.1.2 Intel Corporation
6.1.3 Schneider Electric SE
6.1.4 Huawei Technologies Co Ltd
6.1.5 Cisco Systems Inc
6.1.6 Johnson Controls International PLC
6.1.7 CenturyLink Inc
6.1.8 Honeywell International Inc
6.1.9 Aruba Networks (Hewlett Packard Enterprise)
6.1.10 John Mezzalingua Associates LLC
6.1.11 Vix IP Pty Ltd
6.1.12 NXP Semiconductors NV
6.1.13 AllGoVision Technologies Pvt Ltd
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
Name: Ajay More
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