Market Overview

Global Smart Stadium Market 2018-2022 to Post a CAGR of 23% in the Next Five Years | Technavio

Share:

The global smart stadium market is expected to post a CAGR of close to
23% during the period 2018-2022, according to the latest market research
report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180828005413/en/

Technavio has published a new market research report on the global smart stadium market from 2018-20 ...

Technavio has published a new market research report on the global smart stadium market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is improved operational
efficiency. The implementation of smart stadium solutions has enabled
stadium management authorities to improve their operating efficiency,
optimize energy use, improve building management, increase automation,
and improve crowd control. It has also enabled the management to monitor
temperature and lighting throughout the games and change it as per
requirement. The building management system implemented in smart
stadiums enables the monitoring of the entire stadium from a single
console, which maximizes efficiency and reduces operating costs. Such
advantages of smart stadium solutions will drive their demand during the
forecast period.

This market research report on the global
smart stadium market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the advent of smart seat-enabled
stadiums as one of the key emerging trends in the global smart stadium
market:

Global smart stadium market: advent of smart
seat-enabled stadiums

Smart seats have attached tablets that contribute to delivering a rich
visual experience for users and help in enhancing their overall
experience in stadiums. The interactive tablets enable spectators to
watch the match live along with action replays. They enable the
streaming of live TV, which enables spectators to watch the news,
connect to social media platforms, and follow other sports. In addition,
these tablets are equipped with content targeted toward kids to keep
them engaged while their guardians watch the live match. Thus, with such
advantages associated with smart stadiums, it is expected that the
market will have a positive outlook during the forecast period.

"Smart stadium solutions contribute to improving the overall
spectator experience by providing real-time information, engaging them
with interactive displays, and automation, which will help boost the
growth of the market,"
says a senior analyst at Technavio.

Global smart stadium market: Segmentation
analysis

This market research report segments the global smart stadium market by
geographical regions (APAC, EMEA, and the Americas).

The EMEA region led the market in 2017 with a market share of more than
44%, followed by the Americas and APAC respectively. However, during the
forecast period, the APAC region is expected to show the highest
incremental growth of more than 6%, while the other two regions will
witness a decline in their market shares

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio's comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

View Comments and Join the Discussion!