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The global Smart Stadium Market was valued at $4,192.1 million in 2017, and the smart stadium market forecast is projected to reach $ 22,101.9 million by 2025, registering a CAGR of 23.19% from 2018 to 2025.
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Behavioral Biometrics Market GLOBAL OPPORTUNITY AND FORECAST 2018- 2025
Smart Stadium Market Analyst Review The building automation management segment is expected to grow at the highest CAGR during the forecast period, owing to more number of stadiums turning to connected technologies to improve the management of their buildings. PramodBorasi Research Analyst, ICT at Allied Market Research
CURRENT AND FUTURE MARKET SCENARIO • The global smart stadium market was valued at $4,192.1 million in 2017. • The smart stadium market forecast is projected to reach $ 22,101.9 million. • The global smart stadium market growing at a CAGR of 23.19% from 2018 to 2025. • By deployment type, the cloud-based segment is expected to exhibit significant growth in the global market during the forecast period. • Based on application, the public safety and security segment generated the highest revenue in 2017. Top Investment Pockets Increased focus on fan engagement and ongoing efforts to enhance their experience among the sports arenas, initiatives for energy-efficient buildings, and government regulations of public safety & security in stadium majorly drive the growth of the global smart stadium market size. However, the high initial investment costs, longer wait for ROI and security concerns associated with connected devices restrain the growth of the smart stadium industry. Recently, Amsterdam Innovation Arena collaborated with several partners to innovate its infrastructure for enhanced fan experience. They have collaborated with giant companies such as Microsoft, Philips Lighting, Huawei, along with the municipality of Amsterdam.
TOP IMPACTING FACTORS TO MARKET GROWTH • Increase in focus on fan engagement experiences at stadium. • Increasing adoption of IoT technologies for efficient management of stadium infrastructure. • Green initiative & security regulations by sport governing bodies. According to smart stadium market analysis, the on-premise based smart stadium solutions dominated the global market in 2017, as on premise solutions provide better and flexible maintenance of servers and continuous system. Furthermore, cloud-based segment is expected to grow at the highest CAGR during the forecast period, due to surge in demand for cloud-based analytics solutions and large storage solutions which can store terabytes of data, such as enormous 4K video files and many more which make it a major smart stadium market opportunity.
Smart Stadium Market Segmentation • By Application • Digital Content Management • Network Management • Stadium & Public Security • Event Management • Crowd Management • Others • By Deployment Model • On-premise • Cloud-based • By Component • Software • Service Request PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/5222
Based on application, the public safety and security segment generated the highest revenue in 2017. By region, Asia-Pacific is anticipated to exhibit substantial growth during the forecast period. By deployment type, the cloud-based segment is expected to exhibit significant growth in the global market during the forecast period.
GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • Asia-Pacific is anticipated to exhibit substantial growth during the forecast period. • In 2017, Europe accounted for the highest smart stadium market share among other regions.
DOMINATING MARKET PLAYERS PROFILED IN THE STUDY • Cisco Systems, Inc. • Ericsson, and • Huawei Technologies Co., Ltd. • IBM Corporation • Intel Corporation • NEC Corporation • Johnson Controls, International plc • GP Smart Stadium • NXP Semiconductors N.V. • Schneider Electric SE
A Report Titled “Smart Stadium Market - Opportunities And Forecast, 2017– 2023” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About Smart Stadium Market - Opportunities and Forecast 2018-2025 Access Full Summery Report: https://www.alliedmarketresearch.com/smart-stadium-market Enquiry For More: https://www.alliedmarketresearch.com/purchase-enquiry/5222 Follow Allied Market Research
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