Global Market for Smart Stadiums
Dublin, June 14, 2023 (GLOBE NEWSWIRE) -- The "Smart Stadiums: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Smart Stadiums estimated at US$8.9 Billion in the year 2022, is projected to reach a revised size of US$38.3 Billion by 2030, growing at a CAGR of 20% over the analysis period 2022-2030.
Digital Content Management, one of the segments analyzed in the report, is projected to record a 21.4% CAGR and reach US$11.6 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Stadium & Public Security segment is readjusted to a revised 16.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 19% CAGR
The Smart Stadiums market in the U.S. is estimated at US$2.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2030 trailing a CAGR of 19% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.9% and 16.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR.
Select Competitors (Total 24 Featured) -
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IBM Corporation
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Inspur Technologies Co., Ltd.
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Intechnology Wifi
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Intel Corporation
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Locbee
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NEC Corporation
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NTT Corporation
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NXP Semiconductors NV
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Schneider Electric SA
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Tech Mahindra Ltd.
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Ucopia
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Vix Technology
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Volteo LLC.
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Allgovision Technologies Pvt., Ltd.
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Byrom plc
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CenturyLink, Inc.
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Cisco Systems, Inc.
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Dignia Systems Ltd.
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Ericsson AB
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Fujitsu Ltd.
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GP Smart Stadium
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Hawk-Eye
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Huawei Enterprise
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 183 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $8.9 Billion |
| Forecasted Market Value (USD) by 2030 | $38.3 Billion |
| Compound Annual Growth Rate | 20.0% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Influencer Market Insights
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World Market Trajectories
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Smart Stadium Market on a Growth Trajectory
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Smart Stadiums Pull Viewers Out of the Comfort of their Living Rooms
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Building Automation to Register Fastest Growth
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Smart Stadiums - Global Key Competitors Percentage Market Share in 2022 (E)
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Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
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5G to Revolutionize Smart Stadiums
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Key Trends
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New Advancements