About Smart Stadium Solution
A smart stadium solution refers as integration of huge number of sensors, cameras, and digital signs that hook up with wired and wireless networks, and servers. A stadium is a place where usually outdoor sports, other events or concerts, are persisted held on number large of field or stage either partly or completely surrounded structure designed to allow spectators to face or sit and see view the event.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Smart Stadium Solution market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cisco (United States), IBM (United States), Infosys (India), HUAWEI (China), Intel (United States), Tech Mahindra (India), NEC (Japan), Johnson Controls (Ireland), VIX Technology (United Kingdom), Centurylink (United States) and Honeywell (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ucopia (France), Volteo (United States) and HPE (United States).
Segmentation Overview
AMA Research has segmented the market of Global Smart Stadium Solution market by Type (Smart Health, Smart Referee, Smart Security, Smart Coaching, Smart Video and Others) and Region.
On the basis of geography, the market of Smart Stadium Solution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component , the sub-segment i.e. Service will boost the Smart Stadium Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Application Management Platform will boost the Smart Stadium Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-premise will boost the Smart Stadium Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Globally rising in number of sports event
Market Growth Drivers:
Due to low pricing of tickets demand for stadium increases
Challenges:
High investment in stadium
Restraints:
Rising in efficiency and profitability
Opportunities:
Lack of awareness of stadiums
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Key Target Audience
Manufacturers, Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.