Global Smart Stadium Market by Deployment Type (On-Premise, Cloud), by Component (Services, Software) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global smart stadium market was valued at USD 5.62 Billion in 2018. It is expected to grow at a CAGR 20.9% during the forecast period. The sports industry has seen many changes over the years. Companies offering smart stadium solutions will benefit from the growing popularity of sports leagues in developing countries as well as technological advances in both developed and emerging economies. Smart stadiums can be equipped with integrated solutions to meet the needs of fans, players, and medical teams.

Smart stadiums include a variety of surveillance and parking solutions. These solutions give real-time information such as line times at concession stands, pricing for merchandise in the stadium, availability of parking, and so enhance the fan experience. The stadiums are being renovated to provide a complete experience for the event. This includes enhanced security, improved operational efficiency, smart parking, and many other aspects.

The forecast period will see a rise in demand for smart stadium technologies due to increasing adoption of Internet of Things (IoT), technologies that allow for efficient management of stadium infrastructure. Many security standards have been established by international sports governing bodies for the construction and operation of stadiums. For example, UEFA Stadium and Security Committee teamed up with UEFA Partners to create UEFA Stadium Infrastructure and Safety and Security Regulations. It is designed to ensure that events run smoothly and meet high safety standards. There have been numerous terrorist attacks and fires at famous stadiums around the world, which has raised concerns about the need for safety measures to protect the venue, the fans and the staff. This has led to a positive increase in the demand for efficient technology within stadiums.

Mobile applications are another way that stadium owners want to delight fans. These apps allow for online ordering of merchandise, food and live streaming. These stadiums offer high-speed internet access. They also guide fans to smaller lines while allowing them to enter and exit the stadiums using digital signage. To improve the viewing experience, smart stadiums offer stadium apps. This will drive market growth over the next years. The Wanda Metropolitan Stadium in Europe is an example of a smart stadium. It has more than 1500 Wi Fi points and 6000 outlets networks. Fans can also access their parking spaces via the mobile app.

However, the sports governing bodies have established strict security rules for the public and smart stadiums must be built according to them. This increases the stadium construction cost. The market will be constrained by high initial investments and a longer return on investment (ROI) period.

Component Insights

Software dominated smart stadiums in 2018, accounting for a 64.6% revenue share. All stadium owners and spectators would benefit from digital transformation. Smart stadiums can incorporate multiple technologies such as ticket management, parking space management, seat upgrading, crowd management, and ticket management. It includes smart lighting, smart lighting, smart ordering, smart lighting, smart lighting, and emergency response management. Europe will hold a large market share because of the presence over 1200 stadiums. This region is home to the most professional sports teams and leagues, which further enhances the market share. Smart stadium software includes event management, building automation, public security, and stadium automation.

In the forecast period, stadium and public security segments will hold a significant value share. The building automation segment, on the other hand is expected to grow at 21.4% between 2019 and 2025. Smart building automation has been a popular choice for stadium operators and owners due to the growing need for sustainable infrastructure. They also look for solutions to maximize space, cost efficiency, sustainability, and building maintenance. This is driving market growth.

Type Insights on Deployment

In 2018, the on-premise segment accounted for 63.4% of all revenue. This segment is expected to grow at a significant CAGR of 20.6% during the forecast period. Smart Stadiums have numerous cameras, sensors, digital signs, and are connected to wired and wireless networks and servers. It provides real-time information to security personnel who are responsible for monitoring the crowd's activities. These devices can be installed on-premise. This requires substantial investment in hardware and software.

Cloud segment growth is expected to be 21.4%, which is the fastest CAGR over the forecast period. Stadium owners and operators can offer stadium apps for enhanced spectator experience. This reduces the need for staff to direct the crowd towards the exits and entrances. With the cloud, they can access live video and information about the location and parking spaces for the match from their smartphones. These factors will drive the significant demand for cloud segments over the forecast period.

Regional Insights

Europe was the dominant market, accounting for 31.2% of 2018's revenue share. The market is expected to grow at a rate of 20.7% during the forecast period. This growth can be attributed to the strict enforcement of safety regulations by the governing bodies in order to ensure maximum safety for the public as well as the stadiums. The market is also driven by a growing demand for comfortable viewing experiences and increasing social media integration with stadium technologies.

Asia Pacific is projected to grow at a significant CAGR (23.7%) over the forecast period. It is expected that it will reach USD 6.31 trillion by 2025. Smart technologies are used by major tournament hosts such as the Board of Control for Cricket in India, Indian Premier League (IPL), New Zealand Cricket and Sahara Force India. China, India and Australia are renovating existing stadiums while simultaneously working to build new ones.

Market Share Insights & Key Companies

Cisco Systems, Inc., Fujitsu Ltd., Intel Corporation, Huawei Technologies Co., Johnson Controls, NEC Corporation, NXP Semiconductors, Schneider Electric, Tech Mahindra Limited, and Telefonaktiebolaget LM Ericsson are the key market competitors. These companies are focused on strategic partnerships and collaborations to expand the reach of their networks in untapped markets. Vodafone Group PLC and Intel Corporation collaborated to provide smart stadium services in Qatar for the 2022 FIFA World Cup.

The market is also generating lucrative opportunities due to the Asia Pacific's growing culture of sports leagues, large prize pools and the implementation of green initiatives. With a small number of service and software providers, the market is well-consolidated. These companies invest in R&D and strategic collaboration to keep their positions. In October 2015, Huawei Technologies Co. and Infosys launched smart stadium solutions. These include smart services and high speed Wi-Fi access for users at sports stadiums and exhibition centers.

Smart Stadium Market Report Scope

The Report Covers Certain Segments

This report forecasts revenue growth at all levels, including country, regional and global. It also provides analysis of industry trends for each sub-segment from 2015 to 2025. Grand View Research has divided the global smart stadium market report by component, deployment type and region.

• Component Outlook (Revenue USD Million, 2015-2025)

  • Software

    • Stadium & Public Security

    • Automation in Buildings

    • Event Management

    • Other

  • Services

• Deployment Type Outlook (Revenue USD Million, 2015-2025)

  • On-Premise

  • Cloud

• Regional Outlook (Revenue USD Million, 2015-2025)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • South America

    • Brazil

    • Argentina

    • Rest of South America

  • Europe

    • Germany

    • U.K.

    • France

    • Italy

    • Rest of Europe

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia Pacific

  • Middle East & Africa (MEA)

These are the most frequently asked questions about this report

b. Global smart stadium market size was USD 6,720.6 Million in 2019, and is forecast to grow to USD 8,059.2 Million in 2020.

b. Global smart stadium sales are expected to increase at a compound annual rate of 20.9% between 2019 and 2025, reaching USD 21,002.7 million in 2025.

b. With a 31.1% share in 2019, Europe was the market leader in smart stadiums. The market is driven by rising demand for comfortable viewing experiences and increasing social media integration with stadium technologies.

b. Cisco Systems, Inc., Fujitsu Ltd., Intel Corporation, Huawei Technologies Co., Johnson Controls, NEC Corporation, NXP Semiconductors, and Telefonaktiebolaget LM Ericsson are some of the key players in smart stadium markets.

b. The market is driven by the growing popularity of sports leagues in developing countries and technological advances in both developed and emerging economies.

Up Market Research published a new report titled “Smart Stadium Market research report which is segmented by Deployment Type (On-Premise, Cloud), by Component (Services, Software), By Players/Companies Inc; Fujitsu Ltd; IBM Corporation; Intel Corporation; Huawei Technologies Co; Johnson Controls; NEC Corporation; NXP Semiconductors; and Telefonaktiebolaget LM Ericsson, Cisco Systems”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Smart Stadium Market Report Segments:

The market is segmented by Deployment Type (On-Premise, Cloud), by Component (Services, Software).

Smart Stadium Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Smart Stadium Market

Overview of the regional outlook of the Smart Stadium Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Smart Stadium Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Smart Stadium Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. On-Premise

                2. Cloud

                1. Services

                2. Software

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Smart Stadium Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Smart Stadium Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.