📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Smart Stadium Market Research Report Information By Component (Software and Service), By Deployment Type (On-Premise and Software-as-a-Service), By Platform (Application Management Platform, Device Management Platform, and Network Management Platform), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Industry Forecast Till 2032

ID: MRFR/SEM/1986-HCR | 100 Pages | Author: Aarti Dhapte| June 2024

Global Smart Stadium Market Overview:

Smart Stadium Market Size was valued at USD 7.13 billion in 2023. The Smart Stadium market industry is projected to grow from USD 8.77 Billion in 2024 to USD 46 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 23.00% during the forecast period (2024 - 2032). Throughout the past few years, there has been a rise in demand for sporting events, fueled mainly by increased sponsorships and lower ticket prices. Many sports fans attend live games at the stadium because of the vast seating capacity. Due to the rising demand for live sporting events, stadium sponsors are lowering the cost of travel arrangements and making it easier for international fans to watch their favorite game at an affordable price, which acts as the prominent market driver for the global smart stadium.

Smart Stadium Market Overview
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Smart Stadium Market Trends

  • Growing Number of Sports Leagues Globally to boost market growth

The sports sector has undergone several changes in recent years. Technology improvements in both developed and emerging economies, as well as the rising sports league culture in developing nations, are predicted to open up a lot of new business prospects for the companies that provide solutions for smart stadiums. The integrated solutions provided by the smart stadium allow the facilities to serve better the needs and expectations of medical teams, athletes, and spectators.

The smart stadium consists of several sensors, digital signs, parking solutions, surveillance systems, and other connected via wired or wireless networks. These technologies offer real-time information about things like concession stand line lengths, in-stadium product costs, and parking accessibility, which improves the fan experience. Stadiums are undergoing extensive renovations to provide a comprehensive event experience, encompassing a variety of topics like improved security, operational effectiveness, and smart parking, among others. Several factors are anticipated to drive the demand for smart stadium technologies over the forecast period, including the growing adoption of Internet of Things (IoT) technologies for efficient management of stadium infrastructure and the increased focus on engaging and delighting fans on the premises. Sports governing bodies from all over the world have enforced many security standards for stadium construction. To create the UEFA Stadium Infrastructure and Safety and Security Rules, for instance, the UEFA Partners worked with the UEFA Stadium and Security Committee. It aims to provide vital safety standards for the successful operation of events. Therefore, rising digitization on a global scale has enhanced the Smart Stadium market CAGR globally in recent years.

The owners of the stadium are also concentrating on delivering an enjoyable fan experience at the stadium via mobile applications. These programs give users access to live streaming, internet shopping, and food ordering. Moreover, these stadiums have a high-speed internet connection, and digital signage at the entrance and exit directs visitors to shorter lines. This will increase the footprint of the Smart Stadium Market revenue.

Smart Stadium Market Segment Insights:

Smart Stadium Component Insights

Based on components, the Smart Stadium Market segmentation includes software and service. The software segment held the majority share in 2022, contributing to around ~65-67% of the Smart Stadium Market revenue. All spectators and stadium owners profit significantly from digital change. The intelligent stadium concept can incorporate several technologies, including crowd control, ticketing, seat upgrades, and parking space management. In addition, it contains, among other things, social media updates, food ordering, restroom queues in closets, emergency and incident response management, Wi-Fi networks, goods purchases, bright lighting, and integrated security systems.

July 2021: For the AFC Asian Cup 2023, which will include the top 24 football teams on the continent, WSP Global Inc. (Canada), a top global technology organization offering management & advisory services to the built and natural environment, showcased Smart Stadium Design.

Figure 1: Smart Stadium Market, by Component, 2022 & 2030 (USD billion)Smart Stadium Market, by Component, 2022 & 2030
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Smart Stadium Deployment Type Insights

Based on deployment type, the Smart Stadium Market segmentation includes on-premise and software-as-a-service. The on-premise dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Many cameras, sensors, and digital signage are installed in smart stadiums, wired and wirelessly connected to servers and networks. It assists in giving security officers in charge of keeping an eye on the crowd's activities real-time data. Because all these devices must be installed on-site, necessitating a sizable hardware and software expenditure, they have contributed to the segment's higher revenue share throughout the projected year. Hence, rising applications of on-premise Smart Stadium solutions will positively impact the market growth.

Smart Stadium Platform Insights

The platform has bifurcated the Smart Stadium Market data into application, device, and network management platforms. The application management platform dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. The segment is expected to dominate due to increased public safety and security concerns in major stadiums, supported by an uptick in attacks and governmental laws. Additionally, due to the growing trend of energy-efficient buildings, which can be managed through these automated systems, the application management platform segment is anticipated to experience the fastest growth rate.

Smart Stadium Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. Europe Smart Stadium market accounted for USD 2.7 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The growth can be attributed to the tight public safety laws the regulating organizations impose to guarantee public and stadium safety. Moreover, increased social media integration with stadium technology and rising demand for comfortable watching experiences propel the European market.

Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: Smart Stadium Market SHARE BY REGION 2022 (%)Smart Stadium Market SHARE BY REGION 2022
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

North America Smart Stadium market accounts for the second-largest market share during the forecast period. The North American government has launched innovative initiatives to transform an increasing number of stadiums into smart stadiums. Further, the Germany Smart Stadium market held the largest market share, and the UK Smart Stadium market was the fastest-growing market in the European region

The Asia-Pacific Smart Stadium Market is expected to grow at the fastest CAGR from 2022 to 2030. The smart stadium market will be driven by R&D, innovation, and policy requirements related to integrating smart stadiums during the projected period. Moreover, China Smart Stadium market held the largest market share, and the India Smart Stadium market was the fastest-growing market in the Asia-Pacific region

For instance, India Smart Stadium market is expected to grow with the fastest-growing CAGR in the Asia Pacific region during the forecast period. Sports organizations use smart technologies to stage significant competitions, including the Board of Control for Cricket in India (BCCI), Indian Premier League (IPL), New Zealand Cricket, Sahara Force India, and Melbourne Cricket Association. As a result, more stadiums are being renovated, and attention is being paid to building new ones.

Smart Stadium Key Market Players & Competitive Insights

Major market players are introducing new goods to the market to satisfy the growing demand from various end-use industries. With market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaborations with other companies, businesses are also implementing various activities to enhance their market share. To be competitive, players in the Smart Stadium industry must provide affordable products.

The global Smart Stadium industry market leaders are often spending research and development investments to optimize their supply chains. The Smart Stadium market major player such as Tech Mahindra Ltd. (India), Intel Corporation (U.S.), Cisco Systems Inc. (U.S.), Johnson Controls (U.S.), GP Smart Stadium (Netherlands), and others are working on expanding the market demand by investing in research and development activities.

The American global digital communications technology conglomerate firm Cisco Systems, Inc., also known as Cisco, has its corporate headquarters in San Jose, California. Cisco creates, produces, and markets networking tools, computer software, telecommunications gear, and other high-tech services and goods. Cisco is a leading provider of cutting-edge technologies such as Webex, OpenDNS, Jabber, Duo Security, and Jasper. It specializes in niche technological areas like the Internet of Things (IoT), domain security, videoconferencing, and energy management. With over $51 billion in revenue and close to 80,000 workers, Cisco, one of the biggest technology businesses in the world, is ranked 74 on the Fortune 100.

Established in 1935 with its headquarters in Tokyo, Fujitsu Limited is a Japanese multinational firm that manufactures and provides tools and services for information and communications technology. By annual revenue, Fujitsu will rank sixth globally and first in Japan's IT services sector in 2021. Although the company and its subsidiaries also offer a variety of products and services in data storage, telecommunications, advanced microelectronics, and air conditioning, Fujitsu's hardware offerings are primarily comprised of personal and enterprise computing products, including x86, SPARC, and mainframe-compatible server products. It employs about 126,400 people, offering its goods and services in about 180 nations.

Key Companies in the Smart Stadium market include

  • Tech Mahindra Ltd. (India)

  • Intel Corporation (U.S.)

  • Cisco Systems Inc. (U.S.)

  • Johnson Controls (U.S.)

  • GP Smart Stadium (Netherlands)

  • Fujitsu Ltd. (Japan)

  • Huawei Technologies Co. Ltd. (China)

  • International Business Machines Corporation (U.S.)

  • Voltio (U.S.), among others

Smart Stadium Industry Developments

November 2018: To enable city-wide intelligence and sustainable development across the global smart city industry, Huawei introduced its digital platform to supply modern ICT, including artificial intelligence (AI), Internet of Things (IoT), Big Data, and cloud.

January 2018: Data cleansing will be a key component of IBM's platform approach to data science offerings, which will broaden the customer base. These platforms include hybrid data management, unified integration, governance platform, and data science and business analytics platform.

Smart Stadium Market Segmentation:

Smart Stadium Component Outlook

  • Software

  • Service

Smart Stadium Deployment Type Outlook

  • On-Premise

  • Software-as-a-Service

Smart Stadium Platform Outlook

  • Application Management Platform

  • Device Management Platform

  • Network Management Platform

Smart Stadium Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Report Attribute/Metric Details
Market Size 2023 USD 7.13 billion
Market Size 2024 USD 8.77 billion
Market Size 2032 USD 46 billion
Compound Annual Growth Rate (CAGR) 23.00% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2019 - 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Product Type, Operating Platforms, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Tech Mahindra Ltd. (India), Intel Corporation (U.S.), Cisco Systems Inc. (U.S.), Johnson Controls (U.S.), GP Smart Stadium (Netherlands), Fujitsu Ltd. (Japan), Huawei Technologies Co. Ltd. (China), International Business Machines Corporation (U.S.), and Voltio (U.S.)
Key Market Opportunities Rising Demand for an Immersive Experience
Key Market Dynamics Significant Technological Developments Expanding Sports League

Frequently Asked Questions (FAQ) :

The Smart Stadium Market size was valued at USD 7.13 Billion in 2023.

The global market is projected to grow at a CAGR of 23.00% during the forecast period, 2024-2032.

Europe had the largest share in the global market

The key players in the market are Tech Mahindra Ltd. (India), Intel Corporation (U.S.), Cisco Systems Inc. (U.S.), Johnson Controls (U.S.), and GP Smart Stadium (Netherlands)

The software component category dominated the market in 2023.

The application management platform had the largest share in the global market.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.