Technavio Forecasts USD 50.70 Billion Growth in Smart Stadium Market between 2023-2028, Fueled by Enhanced Operational Efficiency

    NEW YORK, NY, December 18, 2023 /24-7PressRelease/ -- Explore the Technavio Smart Stadium Market report, a valuable resource with ISO 9001:2015 certification. Having collaborated with 100+ Fortune 500 companies for over 16 years, Technavio predicts a potential growth of USD 50.70 billion in the smart stadium market from 2023 to 2028.

Enhanced operational efficiency fuels this growth, as smart stadium solutions empower management authorities to optimize energy usage, streamline building management, increase automation, and enhance crowd control. Integration with various departments, such as public transport and weather services, allows real-time display of weather updates, traffic information, and public transport schedules.

Gain in-depth insights into market size, current scenarios, future growth prospects, major drivers, latest trends, and more. Acquire the comprehensive report for a complete understanding.

Market Challenge:
The smart stadium market faces challenges from the increasing popularity of household consumer electronic gadgets, affecting viewer preferences. Growing numbers opt for watching sports on electronic devices like TVs, smartphones, and laptops, reducing stadium attendance due to expensive ticketing and inadequate infrastructure. Learn more about key drivers, trends, and challenges in Technavio's detailed report.

Segmentation:
The smart stadium market is segmented by Software (Digital content management, Building automation, Stadium and public security, Event management, and Others), Deployment (On-premises and Cloud-based), and Geography (Europe, North America, APAC, South America, and Middle East and Africa).

Major Growth Driver:
The digital content management segment dominates the smart stadium market, addressing video management, digital signage, and mobile content management. Digital content management benefits include heightened spectator engagement and an enhanced spectator experience through signages, promotions, and personalized content, generating revenue for stadium management.

Regional Impact:
Europe is projected to contribute 38% to global market growth during the forecast period. Explore a sample report for insights into segment contributions and regional opportunities.

Key Companies:
Discover key players driving smart stadium market innovation, including Avaya LLC, Cisco Systems Inc., Dell Technologies Inc., Huawei Technologies Co. Ltd., Intel Corp., and more.

Related Reports:

The Smart Workplace Market size is estimated to grow at a CAGR of 12.12% between 2022 and 2027. The market size is forecast to increase by USD 28.66 billion.

The smart rings market size is estimated to grow at a CAGR of 21.39% between 2022 and 2027. The market size is forecast to increase by USD 34,402.61 thousand.

ToC:

Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Software
Market Segmentation by Deployment
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix

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 17,000 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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

# # #