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Smart Stadium Market Worth 17.32 Billion USD by 2021

The smart stadium market is estimated to grow from USD 4.62 Billion in 2016 to USD 17.32 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 30.2% during the period 2016–2021. The smart stadium market is broadly segmented on the basis of software, services, platforms, deployment models, and regions. It also aims to provide information regarding the key factors influencing market growth; strategically analyze sub segments with respect to individual growth trends, future prospects, and contribution to the total market; analyze opportunities in the market for stakeholders; provide strategic profiles of the key players in the market to comprehensively analyze the core competencies; and draw competitive landscape of the market.

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Smart Stadium Market Worth 17.32 Billion USD by 2021

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  1. MarketsandMarkets Presents Smart Stadium Market Worth 17.32 Billion USD by 2021 http://www.marketsandmarkets.com/Market-Reports/smart-stadium-market-137092340.html

  2. According to a new market research report "Smart Stadium Marketby Software (Digital Content Management, Integrated Security System, Building Automation System, Event Management System, Network Management, Crowd Management), Service, Platform, Deployment Model - Global Forecast to 2021", published by MarketsandMarkets, the market size is expected to grow from USD 4.62 Billion in 2016 to USD 17.32 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 30.2% during the period 2016-2021. Browse >> 96 Data Tables 54 Figures 169 Pagesand in-depth TOC on “Smart Stadium Market” http://www.marketsandmarkets.com/Market-Reports/smart-stadium-market-137092340.html Early buyers will receive 10% customization on this report.

  3. The major drivers for the rise in demand for smart stadiums include increased frequencies of upcoming national and international sport events across the globe, increasing adoption of Internet of Things (IoT), need for modernization of network and telecom infrastructure, and reduction in Operational Expense "Professional services segment is estimated to dominate theSmart Stadium Marketshare during the forecast period." The professional services segment is estimated to hold the largest market share in the Smart Stadium Market. The organizations' focus on offering specialized services to achieve greater customer experience and attaining operation efficiency at a reduced cost and time are the factors driving the demand for smart stadium services across the globe "On-demand deployment model is expected to grow at the highest CAGR during the forecast period." The on-demand deployment model is witnessing a potential growth in comparison to the on-premises deployment model owing to the benefits it offers, such as reduced operational cost & improved efficiency, high security & low maintenance, physical location independence, easy installation, and much more. http://www.marketsandmarkets.com/Market-Reports/smart-stadium-market-137092340.html

  4. The major players in this Smart Stadium Market are Huawei Technologies Co. Ltd. (China), Intel Corp. (U.S.), NEC Corp. (Japan), Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), Fujitsu (Japan), Johnson Controls (U.S.), Tech Mahindra Ltd. (India), Volteo (U.S.), and GP Smart Stadium (the Netherlands). "Europe is the leading region in terms of market share in the Smart Stadium Market" Europe is expected to hold the largest market share and dominate the Smart Stadium Market in 2016. The governments in this region have undertaken many smart commitments. The European Technology Platform on Smart Systems (EPoSS) Integration defines the Research and Development (R&D), innovation needs, and policy requirements related to Smart Systems Integration and integrated Micro and Nano systems. The Europe 2020 targets include investment of 3% of the European Union's GDP in R&D. The Strategic Energy Technology Plan (SET-Plan) aims to reduce the cost and improve performances of low carbon technologies. All this has pushed the Smart Stadium Market toward the growth phase. http://www.marketsandmarkets.com/Market-Reports/smart-stadium-market-137092340.html

  5. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/smart-stadium-market-137092340.html

  6. Contact Us Mr. Rohan MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: 1-888-600-6441 Email: sales@marketsandmarkets.com

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