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Smart Stadiums: Worldwide Market Overview & Outlook 2018-2023 - CAGR to Grow at 22.1% - ResearchAndMarkets.com

July 5, 2018

DUBLIN--(BUSINESS WIRE)--Jul 5, 2018--The “Smart Stadium Market by Software, Service, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global smart stadium market size is estimated to be USD 4.6 Billion in 2018 and is expected to reach USD 12.5 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.1% during the forecast period.

The scope of the report covers the smart stadium market by software, services, and regions. The software segment is divided into digital content management, stadium and public safety, building automation, event management, network management, and crowd management. The service segment is segmented into consulting service, deployment and integration services, and support and maintenance services.

The building automation software is expected to grow at the highest rate during the forecast period. Many stadium operators are shifting to smart Building Automation and are seeking solutions for space utilization, operational and cost efficiencies, sustainability, and building maintenance. The adoption of smart building automation software is being driven by the increasing demand for energy-efficient, integrated, and secured stadiums. Facility management, parking management, and energy management system are the major components of building automation.

The increasing number of spectators is posing a major challenge related to parking for stadium operators. Parking management systems play a key role in managing multiple parking facilities, vehicle routing, controlling access, and managing ticketing and revenue on the real-time basis. Advanced parking management systems help stadium operators ensure minimal time wastage, offer cashless and contactless payment options, enhance the vehicle security, and provide options for the pre-booking of parking spots.

Stadiums are heavy consumers of energy for their operations, due to the use of floodlights, indoor and outdoor lighting, and heavy equipment. To optimize the use of energy for these activities, stadiums use the energy management system. The facility management system helps stadium operators with the efficient management of facilities and associated activities.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Smart Stadium Market, By Software

7 Market By Service

8 Smart Stadium Market, By Region

9 Competitive Landscape

10 Company Profiles

Allgovision ATOS Byrom Centurylink Cisco Dignia Ericsson Fujitsu GP Smart Stadium Hawk-Eye Honeywell Huawei IBM Insprid Intechnology Wifi Intel Johnson Controls Locbee NEC NTT Corporation NXP Semiconductors Schneider Electric Tech Mahindra Ucopia VIX Technology Volteo

For more information about this report visit https://www.researchandmarkets.com/research/4shvzt/smart_stadiums?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180705005623/en/

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Related Topics:Software

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INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/05/2018 05:20 PM/DISC: 07/05/2018 05:20 PM

http://www.businesswire.com/news/home/20180705005623/en

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